Category: Uncategorized

vsblty-praises-matthew-mcconaughey’s-school-safety-initiative

VSBLTY PRAISES MATTHEW MCCONAUGHEY’S SCHOOL SAFETY INITIATIVE

August 11, 2023 Published by

 

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of AI-driven security and retail analytics technology, applauds the efforts of Matthew McConaughey’s organization that will assist schools in accessing the over one billion dollars in grant money available through the Bipartisan Safer Communities Act.

https://www.greenlightsgrantinitiative.org is a one-stop shop for accessing grants along with tools and tutorials. Its purpose is to make the grant application process more streamlined and accessible. In some cases, the organization will apply on a school’s behalf.

On July 20, 2023, Matthew McConaughey posted a video outlining and updating his initiative https://www.youtube.com/watch?v=EMpdgcUjANM.

“There is the need, there is the funding, and there is the technology, yet bringing these components together for a solution is proving to be challenging for some school districts,” explained Jay Hutton, CEO of VSBLTY. “We applaud the initiative created by McConaughey and his wife to help schools access available funding and, ultimately, implement safety solutions. We look forward in being able to play a small part in this noble effort to make our schools and our children safer.”

VSBLTY’s AI-driven software Vector™ provides enhanced facial recognition that is crucial to strengthening today’s security requirements when applying contextual data, including the ability to recognize weapons or suspicious persons in a crowd.

With various partners, VSBLTY has launched a vigorous campaign with its Vector technology to provide protection to U.S. schools and houses of worship and to scale up these deployments. This additional funding and streamlined access could help accelerate these installations and rollouts.

empowering-the-future-of-esports:-introducing-ex-boost-initiative-by-ex-corp.

Empowering the Future of Esports: Introducing ex boost. Initiative by ex corp.

August 10, 2023 Published by
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Ex corp., a renowned developer of technological solutions for esports and competitive gaming (CS.MONEY, Scope.gg, Blix.gg), proudly announces the launch of the ex boost. initiative, an inspiring program designed to support and nurture the aspirations of young talents within the esports industry.

Ex boost. is a new initiative by ex corp. that aims to provide essential infrastructural, mentorship, and financial support to highly-motivated and committed individuals who have already started making their way within the competitive gaming or esports field.  The main purpose of ex boost. is to support those eager and ready for their journey in gaming to gain speed but who, at the same time, require infrastructural, mentor, or financial support. The ex boost. program offers assistance in various key areas within the esports industry, leveraging ex corp.’s facilities, experience, and network.

The initiative already has its first participant. Armin Heidrich, a passionate school student from Poland, whose dream was to join the esports media team and work at a big esports event to find out how esports tournaments are organised. As a part of the ex boost. program, ex corp. offered to support him as a special reporter for esports media, Blix.gg, during the CS:GO event in Washington D.C. Since returning from his trip, Armin secured an internship at Blix.gg and had several media interviews published, proving that with the right support, aspiring talents can shape their future in gaming.

visualcortex-streamlines-workflow-for-computer-vision-models-with-weights-&-biases

VisualCortex streamlines workflow for computer vision models with Weights & Biases

August 10, 2023 Published by

 

VisualCortex – the Video Intelligence Platform connecting computer vision’s potential to real-world business outcomes – has adopted Weights & Biases‘ developer-first MLOps platform to systemize its end-to-end training process for Machine Learning (ML) models.

As foundational beta users of Weights & Biases recently-released ‘Launch’ module for automating ML workflows, VisualCortex’s ML team collaborated with Weights & Biases’ product team to help produce a scalable process for seamlessly managing and deploying training runs.

“Working closely with the Weights & Biases team, we’ve been able to provide feedback that’s been received with genuine thanks and then actually incorporated into their product – which is both rare and pleasing,” said VisualCortex Head of Machine Learning and Artificial Intelligence, Mike Seddon. “At VisualCortex, quickly delivering highly-accurate ML models, which can be reliably deployed into commercial environments, is a key differentiator for us and our clients in a competitive marketplace. To do that, we need to automate our training processes, easily determine which approaches are yielding the best results, and maximize the utilization of our ML training infrastructure at all times.”

“Weights & Biases is empowering us to efficiently execute and scale our training workloads, which enables us to get the most out of the hardware we use too,” said VisualCortex Co-Founder and CEO, Patrick Elliott. “We’ve integrated Weights & Biases into our core model training workflow as a source of truth and auditability. We can evaluate and compare many different model runs, perform sweeps to find data augmentations, and easily orchestrate disparate sets of compute nodes.

“We now have a robust ML model training process, which allows us to produce – and continually improve – highly accurate computer-vision-based insights for our clients. With Weights & Biases’ help, VisualCortex has the repeatable framework needed to bring video analytics into the mainstream.”

Weights & Biases VP of Product, Phil Gurbacki, said that gathering transparent product feedback from organizations training production-ready ML models was critical.

“Gathering input from professionals in the field – who are attempting to push the boundaries of ML model training, testing and deployment – is an important feedback loop for us,” said Gurbacki. “The team at Weights & Biases is proud to be helping VisualCortex develop and deliver market-leading models for people and vehicle-centric uses cases, including real-time object detection and action recognition, across a range of industries – from retail and commercial real estate, to car park management, smart cities and transport.”

Discover VisualCortex’s People Counting and Pedestrian Analysis Solution here:
https://visualcortex.com/people-counting-and-pedestrian-analysis-solution/

Discover VisualCortex’s Vehicle Counting and Traffic Management Solution here:
https://visualcortex.com/vehicle-counting-and-traffic-management-solution/

Read the full VisualCortex – Weights & Biases case study here:
https://wandb.ai/wandb_fc/visualcortex/reports/VisualCortex-Takes-Video-Analytics-to-the-Enterprise-with-W-B–Vmlldzo0OTAyODg1

reevo-comes-out-with-a-bang,-in-new-partnership-with-barbara-bang

REEVO Comes Out with a BANG, in New Partnership with Barbara Bang

August 10, 2023 Published by
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REEVO, the B2B content and aggregation platform, joins forces with dynamic game studio, Barbara Bang.

Through this partnership, REEVO’s operator partners will gain access to Barbara Bang’s innovative games, enriching their offerings and providing their operator partners and players alike, with fresh, captivating experiences. The integration of Barbara Bang’s content into REEVO’s state-of-the-art aggregation platform ensures seamless and efficient access for all operators.

Founded with the goal of bridging the gap between players and gaming platforms, Barbara Bang has quickly gained recognition in the iGaming market. Their commitment to bringing unique concepts to life and supporting even the most imaginative ideas resonates deeply with REEVO’s ethos of driving unparalleled innovation.

​​REEVO, alongside creating a growing list of proprietary games with two launches per month, is onboarding a diverse range of the industry’s leading suppliers providing its operator partners with a comprehensive selection of the content  – all through a single API integration.

Petra Maria Poola, Head of Sales, REEVO, said: “We are excited to partner with Barbara Bang. Their commitment to data-driven content development, combined with an acute focus on even the smallest player-centric details, perfectly aligns with REEVO’s philosophy of delivering tailor-made, captivating experiences that deeply resonate with our partners’ audiences.”

 

Ahikam Raviv, Head of Partnerships and Business Development at Barbara Bang, added: “I am thrilled about this exciting new collaboration as we kickstart our journey alongside the formidable team at REEVO. The prospect of joining forces ignites a spark of innovation and promise, and this partnership will catalyze mutual accomplishments. Our shared dedication to excellence and creativity will undoubtedly pave the way for a remarkable synergy, propelling us to remarkable heights of achievement. Looking forward to a future defined by ingenuity and triumph!”

swiss-food-manufacturer-increases-order-picking-speed-by-60%-using-two-level-intelligent-conveyor-system

Swiss food manufacturer increases order-picking speed by 60% using two-level intelligent conveyor system

August 10, 2023 Published by

 

Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced Swiss poultry specialist KNEUSS Güggeli saved time, space and money with a new, custom-designed packaging system based on a two-level Rockwell Automation MagneMotion® intelligent conveyor system.

KNEUSS Güggeli is one of Switzerland’s leading poultry manufacturers and, working with material-handling specialist OEM Stöcklin, has implemented the new space-efficient solution to improve labor productivity in the packaging, labeling, and sorting workflow by 15%. At the same time, order-picking speed has increased from 25 to 40 packages a minute.

“We needed to accelerate the order-picking process, and in a smaller space, without exposing our workers to hazards, such as the fast-moving machine parts or excessive noise levels,” explained Max Studer, lead engineer at Stöcklin.  “It had to be Rockwell Automation MagneMotion. This is the only technology on the market that can do what we need it to do. It’s the only one that has the intelligence and the flexibility.”

With this technology the customer can quickly start and stop loads without losing control, reduce bottlenecks and increase output.

“We’re extremely happy with the new system,” said Daniel Kneuss, CEO of KNEUSS Güggeli. “It helps us to be more efficient, safer, and faster in fulfilling our customers’ orders. Working with Stöcklin and Rockwell Automation has been a great experience.”

Having created a brand-new, custom system based on MagneMotion, Stöcklin now plans to adapt and market the product for other customers, in a range of industries. “MagneMotion is highly adaptable and configurable,” said Studer. “We expect to see high demand and uptake in many different types of businesses.”

gamescom-2023:-gamecity-hamburg-presents-five-games-at-the-indie-arena-booth

gamescom 2023: Gamecity Hamburg presents five games at the Indie Arena Booth

August 10, 2023 Published by
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Hamburg, August 10: From August 23 to 27, gamescom, the world’s largest trade fair for video games, throws open its doors in Cologne. Through its Road to gamescom program, the location initiative Gamecity Hamburg enables five indie studios from Hamburg to participate in the Indie Arena Booth, the largest collaborative developer booth worldwide. The teams will present their games to gamescom visitors, potential business partners and the press. Numerous other companies from Hamburg will also be present at gamescom to showcase their projects, make contacts and benefit from the trade fair’s unique network of professionals for the further marketing of their game.

“With our “Road to gamescom” program we take five studios to gamescom in order to present their games to publishers, partners and consumers. All games were or are part of our funding programs: the Gamecity Hamburg Prototype Funding and our Games Lift Incubator,” states Dennis Schoubye, Head of Gamecity Hamburg”, says Dennis Schoubye, Head of Gamecity Hamburg. Gamecity Hamburg will feature some of the most promising game projects from Hamburg at its dedicated booth at the Indie Arena Booth in Hall 10.2 in the area F010g – E011g.

Gamecity Hamburg presents these six studios and games at the Indie Arena Booth:

  • About Cannons + Sparrows with “About Cannons & Sparrows”: In this physics-based sidescroller with puzzle elements, players take on the role of a small cannon hatched from an egg that rolls through a forest with different platforms and branches, glides on wind streams or catapults itself forward with targeted shots.
  • Crumbling Games with “Crumbling”: In this virtual reality game, the controller itself becomes an action figure in the player’s own hands, fighting against a wide variety of toy monsters in lovingly crafted dioramas.
  • DrownTown with “Light of Atlantis”: This 2D puzzle metroidvania received the young talent award “Best Prototype” at the Deutscher Computerspielpreis 2023 (German Computer Game Award 2023) and impressed the jury with its clever interpretation of a jump ‘n’ run that embraces the element water. The water influences the movement of your robot as well as the behavior of the enemies, changes the environment and is the dynamic core mechanic of the game. Only by controlling the water to solve puzzles can players discover the secrets of Atlantis.

 

  • Radioactive Dreams with “Turbo Shell”: This fast-paced 2D platformer doesn’t require jumping! Instead, players use a unique movement tool to navigate a brave egg through various levels full of obstacles and traps. By pushing and pulling the egg within a certain radius, a dynamic gameplay experience is achieved in which you should never touch the ground.

 

  • Symmetry Break Studio with Misgiven: In this narrative 2D adventure with science fiction elements, players explore a city shrouded in toxic fog. We all know this situation: Speaking out about some things can be really hard. In this game’s unique dialog system, certain emotional states open up different ways of reacting. Since all the inhabitants wear masks, communication is even more difficult, but it is the key to unraveling this hostile environment.

All projects received funding from Gamecity Hamburg. About Cannons & Sparrows received fundings from the Games Lift Incubator, while Light of Atlantis and Turbo Shell were part of the Prototype Funding. The games Crumbling and Misgiven were able to secure funding from both the Games Lift Incubator and Prototype Funding at various stages of development.

More information and visuals on the games: 

 Gamecity Hamburg 2023 Press

Companies from Hamburg showcase at gamescom 2023

Other companies from Hamburg’s games industry will also be at gamescom 2023 to present new releases or take the opportunity to initiate new business partnerships. For example, Daedalic Entertainment will be available for press and business contacts in the B2B area at the “game” booth, and they will present the couch co-op game “Wild Woods” by Octofox Games in the B2C area at the Indie Arena Booth (Wild Woods already received prototype funding from Gamecity Hamburg in 2020).

Even more Hamburg studios will be part of the Indie Arena Booth: Osmotic Studios will be showing the latest version of their game “Closer the Distance”, while Mooneye Studios will be exhibiting “Smushi Come Home”, “Farewell North” and “Lost Ember”. In addition, the Hamburg gaming internet station Rocket Beans TV will accompany gamescom with numerous live broadcasts from its booth in Hall 6.

Gamecity Hamburg: Diverse support programs for Hamburg’s games industry

In addition to programs such as “Road to gamescom 2023”, Gamecity Hamburg, financed by the Free and Hanseatic City of Hamburg, boosts the local games industry with other tailor-made support programs: In the Games Lift Incubator, game developers and founders receive intensive coaching and mentoring from international industry experts in addition to financial support. With the Prototype Funding, Gamecity Hamburg supports the development of game prototypes in Hamburg with up to 120,000 euros per project.

Detailed background information on Hamburg as a games location and on the Gamecity Hamburg location initiative:

 Gamecity Hamburg 2023 Press

All information about Gamecity Hamburg and our activities can also be found on our website https://www.gamecity-hamburg.de/.

stake.com-renews-as-official-partner-of-the-european-cricket-championship-2023

Stake.com renews as Official Partner of the European Cricket Championship 2023

August 10, 2023 Published by
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The European Cricket Network is delighted to continue having Stake.com as one of the Official Partners of the prestigious European Cricket Championship (ECC) 2023, featuring 31 national teams from across Europe who will compete over four weeks of high-stakes cricket action for a chance to be crowned the kings of European cricket. The partnership includes significant branding across the international TV program graphics for Stake.com to a worldwide audience. The total viewership is expected to be in excess of 40m viewers per day.

The European Cricket Championship, recognized for its competitive spirit and remarkable cricketing prowess, is eager to collaborate once more with Stake.com. Together, they seek to engage fans globally and bring the sport’s passion to millions of cricket enthusiasts, enabling them to be a part of the action on and off the field.

Roger Feiner, CEO of the European Cricket League AG: “Based on the success of last year, European Cricket is excited to extend the cooperation with Stake.com, one of the most innovative and engaging companies within this sector, also for the European Cricket Championships 2023. With this engagement, European Cricket sits alongside other first-class sponsorships of Stake.com such as their partnerships with Premier League team Everton FC, Alfa Romeo F1 Team Stake and UFC.

Like Stake.com we are innovators and we believe there can be a lot of overlap between our companies when it comes to principles and best practices. We are particularly excited about our new evening matches for Stake.com that will be broadcast primetime into the cricket key markets.”

Dominic Rae, Sponsorship Manager of Stake.com: “We are delighted about securing our partnership with the European Cricket Championship for another year. With an increased number of national teams taking part, it promises to be an even better festival of cricket. We’re sure the tournament will be another resounding success for all involved.”

matrixian-group-strengthens-data-and-ai-services-in-real-estate-sector-with-e3.5-million-investment-from-pride-capital-partners

Matrixian Group strengthens data and AI services in real estate sector with €3.5 million investment from Pride Capital Partners

August 10, 2023 Published by

 

Matrixian Group, a leading technology company from the Netherlands, is strengthening its position in the real estate sector with innovative data and AI services. They are receiving a new €1.5 million investment from Pride Capital Partners, alongside the prior €2 million funding, to stimulate technological growth and international expansion. With a strong focus on consumers, mortgage lenders, investors, and governmental entities, Matrixian Group is focusing on the fastest-growing segments.

Innovative data-driven real estate valuation

Matrixian Group uses data and Artificial Intelligence (AI) to efficiently and reliably value homes through fully automated processes. Additionally, they specialize in generating ‘digital twins’ of properties and identifying sustainability and investment possibilities in real estate. Having valued over 1 million homes in the Netherlands underscores Matrixian Group’s influence and accomplishments within the housing sector.

Lars van ‘t Hoenderdaal, Managing Partner at Pride Capital Partners, comments: “Matrixian Group is shifting from being a Location Intelligence provider to a data and AI solutions provider to the real estate sector and its partners. This shift has challenged the organization in rethinking and optimizing its business model and sales market. Pride Capital Partners looks forward to continuing supporting the management of Matrixian Group in their journey.”

In the first week of September, Matrixian Group will introduce the Homematrix Desktop Valuation, a new appraisal service specially designed for consumers. With this service, Matrixian Group makes its Data and AI services accessible to a broader audience. This service empowers anyone to receive a fully automated appraisal report within 4 hours, significantly saving time and costs as no physical appraisal is required. Matrixian’s data-first philosophy ensures the quality of underlying data: every month, all buildings in the Netherlands and Europe are updated with the most recent and verified information, while strict standards for privacy and compliance are maintained.

Luke Liplijn, Founder and CEO of Matrixian Group, says: “Within seconds, we can connect buyers, sellers, and mortgage lenders with the right data, enabling fully digital transactions. This matches exactly what the market is demanding now. Our information services, powered by generative AI, meet this need in the new AI era.”

International growth and strategic positioning

Matrixian Group is dedicated to expanding its services internationally. They previously opened an office in Dubai, which serves as a hub to the Middle East, and have now also established a presence in London. This is a strategic first step and enables them to expand their services to the United Kingdom and a broader range of European clients. “With the opening of our offices in Dubai and London, we can offer more value to customers and partners in the UAE and Europe, which we consider emerging markets,” says Liplijn.

To achieve their growth ambitions, Matrixian Group has formed a new directorial team, equipped with the right expertise and experience. Additionally, the organization has spun off the hyperlocal news website Drimble, enabling them to strictly focus its core activities: data and AI services for the real estate sector and its partners. With the added support from Pride Capital Partners, Matrixian Group is confident it will realize its ambitious growth plans.

Liplijn underscores: “The name of our investor, Pride Capital Partners, is well honored. Over the past year, we have come to know them as valued partners in business. This support gives us the impetus to realize our growth plans and expand our services internationally.”

sportradar-reports-strong-second-quarter-2023

Sportradar Reports Strong Second Quarter 2023

August 10, 2023 Published by
Reading Time: 5 minutes

 

Delivered 23% revenue, 42% Adjusted EBITDA growth for first six months

On track to deliver record annual revenue

Annual outlook reaffirmed with growth of 24% to 26% for revenue and 25% to 33% for Adjusted EBITDA

Sportradar Group AG (NASDAQ: SRAD), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, today announced financial results for its second quarter ended June 30, 2023.

“We are very proud of our strong performance during the first half of 2023 and remain on track to achieve the highest annual revenue in the company’s history,” the Chief Executive Officer for Sportradar, Carsten Koerl, said. “We hold a pivotal position in the global sports ecosystem and believe our talent, technology and diverse product offering positions us for strong future growth as we continue to execute against our strategic initiatives.”

Second Quarter 2023 Financial Highlights

  • Revenue in the second quarter of 2023 increased 22% to €216.4 million compared with the second quarter of 2022 with growth across all segments.
  • The company’s customer net retention ratio (NRR) remained at 120% in the second quarter of 2023 compared with the first quarter of 2023, demonstrating the company’s strength in cross selling and upselling to its clients.
  • Total profit from continuing operations, which included an €8 million one-time loss on disposal of an equity investment, decreased €22.8 million compared with the same quarter last year. The primary driver for the decrease was a net negative impact from foreign exchange rates. The company’s adjusted EBITDA1 for the same period increased 46% to €40.1 million compared with the second quarter of 2022, primarily due to strong revenue growth and higher operating leverage.
  • Total profit from continuing operations as a percentage of revenue for the second quarter of 2023 was 0% compared with 13% for the same quarter last year. Adjusted EBITDA margin1 was 19% in the second quarter of 2023, an increase of almost 300 bps compared with 16% in the prior year period.
  • As of June 30, 2023, Sportradar had total liquidity of €484 million including cash and cash equivalents of €264 million and an undrawn credit facility of €220 million.
Key Financial Metrics
Q2 Q2 Change
In millions, in Euros € 2023 2022 %
Revenue 216.4 177.2 22%
Profit for the period from continuing operations 0.03 22.8 (100%)
Profit for the period from continuing operations as a percentage of revenue 0% 13% –
Adjusted EBITDA1 40.1 27.6 46%
Adjusted EBITDA margin1 19% 16% –
Net Retention Rate1 120% 118% –

_________________________

1 Non-IFRS financial measure; see “Non-IFRS Financial Measures and Operating Metrics” and accompanying tables for further explanations and reconciliations of non-IFRS measures to IFRS measures.

Recent Company Highlights

Sportradar continued to deepen its relationships with United States operators including an expansion of its long-standing agreement with Caesars Entertainment, establishing the company as the official supplier of betting data from leagues including the NBA, MLB and NHL. The company’s recent signings demonstrate its commitment to delivering engaging experiences for its clients while effectively monetizing its league partnerships through the value-added creation of innovative products and solutions.

  • Sportradar was selected as the exclusive global betting partner by CONMEBOL, the governing body of ten national soccer associations in South America, to enhance the accessibility and engagement of South American football for a broader global audience.
  • Sportradar was appointed as the official technology partner by the Delhi Capitals. The new three-year partnership will provide innovative video technology to develop cricket talent. Sportradar continues to build relationships in emerging markets such as India with strong sports fan bases.
  • Sportradar organized its inaugural Elite Prep Basketball Tournament, the Sportradar Showdown, held in Las Vegas in July. The tournament brought together exceptional amateur basketball teams under the Under Amour Association, Adidas 3SSB and NBA Academy and showcased Sportradar’s Synergy technology, capturing extensive data throughout the tournament and offering valuable insights for the use of college coaches and NBA talent scouts.
  • The company won multiple awards in the second quarter. Sportradar was named Acquisition and Retention Partner of the Year by EGR North America, won the Live Betting and Gaming Product Award and the Sports Data Product Award from SBC North America, received the Live Streaming Supplier Award at the EGR B2B Awards and ORAKO Sportsbook solution was selected as Best Sports Betting Technology of the Year at the 2023 Sports Technology Awards.

Segment Information

RoW Betting

Segment revenue in the second quarter of 2023 increased by 20% to €114.1 million compared with the second quarter of 2022. This growth was driven primarily by increased sales of the company’s higher value-add offerings including MBS, which increased 25% to €41.1 million, as well as Live Odd and Live Data products that grew 19% year over year.

Segment Adjusted EBITDA1 in the second quarter of 2023 increased by 18% to €51 million compared with the second quarter of 2022. Segment adjusted EBITDA margin1 remained at 45% year over year.

RoW Audiovisual (AV)

Segment revenue in the second quarter of 2023 increased by 25% to €49.6 million compared with the second quarter of 2022. Revenue growth was driven by the new CONMEBOL deal and growth in sales to new and existing customers.

Segment adjusted EBITDA1 in the second quarter of 2023 increased 26% to €16.4 million compared with the second quarter of 2022. Segment adjusted EBITDA margin1 remained at 33% year over year.

United States

Segment revenue in the second quarter of 2023 increased by 31% to €38 million compared with the second quarter of 2022. Results were primarily driven by growth of 105% collectively in betting and gaming and audiovisual products.

Segment adjusted EBITDA1 in the second quarter of 2023 was €5.4 million compared with a loss of (€5.5) million in the second quarter of 2022, indicating the strong improvement in operational leverage in the United States business model despite continuous investment. Segment adjusted EBITDA margin1 improved to 14% from (19%), compared with the second quarter of 2022.

1 Non-IFRS financial measure; see “Non-IFRS Financial Measures and Operating Metrics” and accompanying tables for further explanations and reconciliations of non-IFRS measures to IFRS measures.

The tables below show the information related to each reportable segment for the three- and six-month periods ended June 30, 2022 and 2023.

Three Months Ended June 30, 2022
in €’000 RoW Betting RoW Betting AV United States Total reportable segments All other segments Total
Segment revenue 95,513 39,741 29,066 164,320 12,869 177,189
Segment Adjusted EBITDA 43,324 13,053 (5,498 ) 50,879 (4,899 ) 45,980
Unallocated corporate expenses(1) (18,427 )
Adjusted EBITDA1 27,553
Adjusted EBITDA margin1 45 % 33 % (19 %) 31 % (38 %) 16 %

 

Three Months Ended June 30, 2023
in €’000 RoW Betting RoW Betting AV United States Total reportable segments All other segments Total
Segment revenue 114,149 49,569 37,959 201,677 14,757 216,434
Segment Adjusted EBITDA 51,041 16,418 5,441 72,900 (2,560 ) 70,340
Unallocated corporate expenses(1) (30,238 )
Adjusted EBITDA1 40,102
Adjusted EBITDA margin1 45 % 33 % 14 % 36 % (17 %) 19 %

 

Six Months Ended June 30, 2022
in €’000 RoW Betting RoW Betting AV United States Total reportable segments All other segments Total
Segment revenue 182,250 85,664 54,733 322,647 22,418 345,065
Segment Adjusted EBITDA 87,942 21,987 (11,920 ) 98,009 (8,613 ) 89,396
Unallocated corporate expenses(1) (35,142 )
Adjusted EBITDA1 54,254
Adjusted EBITDA margin1 48 % 26 % (22 %) 30 % (38 %) 16 %

 

Six Months Ended June 30, 2023
in €’000 RoW Betting RoW Betting AV United States Total reportable segments All other segments Total
Segment revenue 222,649 94,123 77,696 394,468 29,530 423,998
Segment Adjusted EBITDA 98,429 27,759 12,265 138,453 (5,707 ) 132,746
Unallocated corporate expenses(1) (55,973 )
Adjusted EBITDA1 76,773
Adjusted EBITDA margin1 44 % 29 % 16 % 35 % (19 %) 18 %

_________________________

Annual Financial Outlook

Sportradar reaffirmed its annual outlook range provided on March 15, 2023, for revenue and adjusted EBITDA1 for fiscal 2023 as follows:

  • Revenue in the range of €902.0 million to €920.0 million, representing growth of 24% to 26% over fiscal 2022.
  • Adjusted EBITDA1 in a range of €157.0 million to €167.0 million, representing 25% to 33% growth versus last year.
  • Adjusted EBITDA margin1 in the range of 17% to 18%.

Conference Call and Webcast Information

Sportradar will host a conference call to discuss the second quarter 2023 results today, August 9, 2023, at 8:00am Eastern Time. Those wishing to participate via webcast should access the earnings call through Sportradar’s Investor Relations website. An archived webcast with the accompanying slides will be available at the company’s Investor Relations website for one year after the conclusion of the live event.

multiversx-unveils-xday-2023:-europe’s-premier-blockchain-conference-at-iconic-palace-of-parliament-in-bucharest

MultiversX Unveils xDay 2023: Europe’s Premier Blockchain Conference at Iconic Palace of Parliament in Bucharest

August 10, 2023 Published by

 

The MultiversX Foundation announces the second edition of the global conference dedicated to blockchain technology, xDay, which confirms the important and growing role that Romania is beginning to have in the global blockchain ecosystem. Following the success of the first edition in Paris, xDay 2023 will take place from October 19th to 21st at the Palace of the Parliament in Bucharest. Leaders, innovators, entrepreneurs, investors, and government officials from all around the world will gather in the capital of Romania to unveil the latest innovations, products, and strategic partnerships that will shape the future of blockchain technologies and Web3.

The purpose of xDay 2023 is to foster a convergence of blockchain technology, artificial intelligence, Metaverse, and Web3, transcending and intersecting multiple technological domains to spur innovation and accelerate development. The event will feature debates, presentations, and panel discussions, while providing abundant networking opportunities for developers, creators, and technology enthusiasts. Anticipating more than 3,000 participants, including esteemed government officials, venture capital funds, and key industry players, xDay 2023 is expected to play a pivotal role in expanding the blockchain ecosystem, enhancing the MultiversX network, and introducing unique features in the industry.

In parallel with xDay, within the illustrious Palace of Parliament – renowned as one of the few human-made structures visible from space and the largest administrative building in the world – MultiversX will host one of the largest Web3 Hackathon in Europe, offering prizes totaling up to $1 million. Over the course of three days, participants will have the opportunity to showcase their skills, collaborate with fellow innovators, and develop practical Web3 solutions.

The event will culminate with the prestigious MultiversX Ecosystem Awards, celebrating the contributions of visionaries, innovators, and community leaders.

“At MultiversX, we strive to provide a better experience for builders, enabling them to expand the blockchain utility and contribute to improving society. With xDay, we are not only highlighting the technological and user experience breakthroughs driving our ecosystem, but also opening up new pathways to shortcut development time together with a large hackathon spotlight scene” said Beniamin Mincu, MultiversX CEO.

Tickets are on sale on xday.com.

The first edition of xDay took place last year in Paris, in the Brongniart Palace, which for decades hosted the Paris stock exchanges. The event announced new products, protocol upgrades, new strategic integrations and celebrated the growth of the MultiversX ecosystem with over 6000 decentralized applications and hundreds of startups launched worldwide.

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