Genius Sports (GENI)

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Compared to Estimates, Genius Sports Limited (GENI) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-06 14:36
For the quarter ended March 2025, Genius Sports Limited (GENI) reported revenue of $143.99 million, up 20.3% over the same period last year. EPS came in at -$0.03, compared to -$0.11 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $142.96 million, representing a surprise of +0.72%. The company delivered an EPS surprise of +40.00%, with the consensus EPS estimate being -$0.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare w ...
Genius Sports (GENI) - 2025 Q1 - Earnings Call Transcript
2025-05-06 12:00
Genius Sports (GENI) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Thank you for standing by. My name is Celine, and I will be your conference operator today. At this time, I would like to welcome everyone to the Genius Sports First Quarter twenty twenty five Earnings Results. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I would now like to turn the call over to Genius Port. Please go ahead. ...
Genius Sports (GENI) - 2025 Q1 - Earnings Call Presentation
2025-05-06 11:07
First Quarter 2025 Earnings Non-GAAP Financial Measures This presentation includes non-GAAP financial measures not presented in accordance with U.S. GAAP. A reconciliation of the most comparable GAAP measure to its non-GAAP measure is included in the appendix. Adjusted EBITDA May 6, 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as ame ...
PLAYERSTV AND GENIUS SPORTS PARTNER TO CO-HOST NEWFRONT IN NEW YORK ON MAY 8
Prnewswire· 2025-05-05 19:43
Event will preview tech-infused PlayersTV+ athlete content distribution platform, FANHub Activation Platform, and Augmented Ads Partnership will enable media buyers to precisely target PlayersTV viewers at scale, including fans of elite athletes from a wide range of sports, globally PlayersTV will reveal six new original shows from star athletes NEW YORK, May 5, 2025 /PRNewswire/ -- PlayersTV, the premier destination for athlete media, today announced it will host its 2025 NewFront on May 8, 2025, in New ...
Genius Sports Limited (GENI) Moves 6.1% Higher: Will This Strength Last?
ZACKS· 2025-03-25 15:05
Genius Sports Limited (GENI) shares rallied 6.1% in the last trading session to close at $11.04. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 14.4% gain over the past four weeks.Genius Sports Limited is benefiting from strong revenue growth, successful contract renewals, and the expansion of its innovative products like BetVision and AI-driven technology platforms.This company is expected to post quarterly ...
Genius Sports (GENI) - 2024 Q4 - Annual Report
2025-03-14 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF ...
Genius Sports (GENI) - 2024 Q4 - Earnings Call Transcript
2025-03-04 22:40
Financial Data and Key Metrics Changes - The company reported a year-on-year group revenue growth of 38% in Q4 to $176 million, bringing the full year group revenue to $511 million, representing a 24% growth for the year [7][40] - Group adjusted EBITDA increased by over 2.5% year-on-year to $32 million in Q4, with a full year EBITDA of $86 million, also in line with guidance [8][40] - The company achieved a year-end net cash balance of $135 million, a $9 million increase year-on-year, marking a critical inflection point with expectations for increased annual cash flows going forward [10][43] Business Line Data and Key Metrics Changes - Betting revenue increased by 48% year-on-year in Q4, representing nearly three-quarters of group revenue for the quarter [35][41] - Media revenue surpassed $100 million for the first time, with a 15% increase for the year, marking consistent double-digit growth since the company went public [38][40] - Sports revenue increased by 47% year-on-year in Q4, driven by monetization of products built on GeniusIQ technology [39][40] Market Data and Key Metrics Changes - U.S. revenue increased by 51% year-on-year, primarily due to successful contract renewals with major sportsbooks [20][36] - European revenue grew by 26% year-on-year in Q4, while the Americas saw a 33% increase [40] - The Rest of the World segment increased by 44%, indicating strong well-balanced revenue growth globally [40] Company Strategy and Development Direction - The company aims to maintain a strong balance sheet and predictable cash-generative business model to support additional growth and scale, with a focus on technology and product development [11][12] - The company is positioned as a natural consolidator in the fragmented sports technology industry, looking for opportunistic M&A that is margin and cash accretive [14][15] - The strategic rollout of products like BetVision is expected to drive engagement and revenue growth across various sports [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving $620 million in group revenue and $125 million in group EBITDA for 2025, representing over 20% growth [11][44] - The company highlighted the resilience of its business model, which is less exposed to volatility in bookmaker performance due to multiple growth drivers [19][132] - Management noted that the NFL's increasing popularity in Europe presents significant growth opportunities, particularly with more games expected in London [55][56] Other Important Information - The company reported its first year of positive net cash flow, generating $82 million of operating cash flow in 2024, up from $15 million in 2023 [9][43] - The gross margin increased from 16.7% in 2023 to 25.2% in 2024, marking the highest annual gross margin since the company's public listing [42] Q&A Session Summary Question: Expectations for Media Tech growth into '25 and '26 - Management expects continued growth in Sports Tech, driven by strategic deals with European soccer leagues, and emphasizes its importance as an enabler for the business [48][49] Question: Impact of NFL's potential 18-game schedule on European expansion - Management noted the NFL's growing popularity in Europe, with significant attendance and engagement, indicating a positive outlook for betting on NFL games [55][56] Question: Seasonality considerations for 2025 - Management anticipates strong growth in the first half of 2025, particularly in betting, while expecting stronger media growth in the latter half of the year [60][61] Question: Priorities for management in 2025 - Focus areas include operational execution, product delivery, and leveraging a refreshed senior management team to drive growth [66][70] Question: Capital raise and M&A strategy - Management is looking for cash accretive tuck-in acquisitions that align with long-term strategic objectives, emphasizing discipline in capital allocation [74][76] Question: Dollar-based net retention and pricing impact - Management indicated that strong dollar-based net retention is driven by contract renegotiations, new products, and increased pricing [87][88] Question: Feedback on FanHub product - Early feedback on FanHub is positive, with expectations for significant upside as the product is rolled out [90][95] Question: In-play betting growth and operator enthusiasm - Management noted a shift towards in-play betting, with operators focusing on unlocking its growth potential [99][101] Question: Tax proposals impact on business - Management expressed confidence in the resilience of the business model against regulatory changes, highlighting diverse revenue streams [128][129] Question: In-play adoption and pricing impact - Management confirmed that in-play adoption met expectations, supported by minimum revenue guarantees in contracts [132][134]
Genius Sports (GENI) - 2024 Q4 - Earnings Call Transcript
2025-03-04 16:42
Genius Sports Limited (NYSE:GENI) Q4 2024 Earnings Conference Call March 4, 2025 8:00 AM ET Company Participants Brandon Bukstel - IR Manager Mark Locke - CEO Nicholas Taylor - CFO Conference Call Participants Jed Kelly - Oppenheimer & Co Bernie McTernan - Needham and Company Ben Miller - Goldman Sachs Jason Bazinet - Citi Ryan Sigdahl - Craig-Hallum Capital Group Mike Hickey - The Benchmark Company Eric Martinuzzi - Lake Street Capital Markets Jordan Bender - Citizens JMP Clark Lampen - BTIG Chad Beynon - ...
Genius Sports Limited (GENI) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-03-04 14:20
Genius Sports Limited (GENI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -175%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced a loss of $0.02, delivering no surprise.Over the last four quarters, the company has not been able to surpa ...
Genius Sports (GENI) - 2024 Q4 - Earnings Call Presentation
2025-03-04 13:30
Fourth Quarter 2024 Earnings March 4, 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve significant risks and uncertainties. All statements other than statements of historical facts are forward-looking statements. These forward-looking statements include information about our possible or assumed future results of ...