Financial Data and Key Metrics Changes - Group revenue increased by 20% year on year to $144 million, with adjusted EBITDA nearly tripling to $20 million, resulting in a margin expansion of 800 basis points to 14% [6][7][17] - The company expects to generate at least $620 million in group revenue and $125 million in adjusted EBITDA for the year, representing 21% revenue growth and over 300 basis points of margin expansion to 20% [17][18] Business Line Data and Key Metrics Changes - Betting business revenue increased by 44% year on year to $107 million, driven by successful contract renewals and higher pricing [19] - Revenue from revenue share agreements increased by 65% year on year, marking the highest growth rate since winning the NFL contract [19] - Sports tech revenue grew by 12% year on year, supported by innovative products built on Genius IQ technology [20] Market Data and Key Metrics Changes - Revenue growth was geographically balanced, with Europe, The Americas, and the rest of the world achieving growth rates of 16%, 23%, and 39% respectively [20] - Media revenue decreased to $26 million from $35 million year on year, with expectations for low to mid-teens growth for the full year 2025 [22] Company Strategy and Development Direction - The company expanded its NCAA partnership, securing exclusive data rights for March Madness and all postseason tournaments, enhancing its strategic position in the sports betting ecosystem [9][10] - New product launches, such as SAOT and Performance Studio, are expected to create a powerful flywheel effect, driving incremental revenue and enhancing customer engagement [10][11][12] - The company is focusing on capital allocation towards tech investment and M&A, while also implementing a share repurchase program of up to $100 million [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business model's resilience against macroeconomic conditions, citing the predictability of revenue and costs [17] - The company anticipates continued growth in online sports betting, viewing it as a resilient component of consumer spending [17] - Management highlighted the importance of responsible gaming and collaboration with leagues to ensure the integrity of sports betting [29][30] Other Important Information - The company is experiencing a robust and growing customer pipeline for its Fanhub platform, which is expected to be a significant opportunity in the sports advertising ecosystem [12][13] - The company is leveraging its technology to create new types of engaging experiences for fans and brands, enhancing its overall value proposition [15][16] Q&A Session Summary Question: What are the top priorities with the ample cash on the balance sheet? - Management indicated that capital allocation priorities include R&D spending, M&A focus, and share buybacks as a means of being opportunistic in a volatile market [25][26] Question: How does the NCAA's push to protect student athletes impact revenue growth? - Management believes that responsible gaming and collaboration with the NCAA can coexist, enhancing the integrity of sports betting while allowing for revenue growth [27][29][30] Question: What factors contributed to the decline in media revenue? - Management stated that the decline was expected due to tough year-on-year comparisons and timing of spending, with expectations for double-digit growth in media revenue later in the year [36][37] Question: How does BetVision's expansion into soccer impact monetization? - Management highlighted that the expansion into soccer represents a significant opportunity due to the high volume of games and the potential for increased in-play betting [40][41] Question: What is the outlook for predictive markets? - Management views predictive markets as an opportunity for additional products and partnerships, while also considering the regulatory implications [94][96] Question: How is the company positioned for future sports tech revenue growth? - Management expressed optimism about leveraging existing technology and relationships to expand into other sports, enhancing overall revenue potential [66][69]

Financial Data and Key Metrics Changes - Group revenue increased by 20% year on year to $144 million, with adjusted EBITDA nearly tripling to $20 million from $7 million last year, resulting in an EBITDA margin expansion of 800 basis points to 14% [5][16][21] - The company expects to generate at least $620 million in group revenue and $125 million in adjusted EBITDA for the year, representing 21% revenue growth and over 300 basis points of margin expansion to 20% [16][21] Business Line Data and Key Metrics Changes - Betting business revenue increased by 44% year on year to $107 million, driven by successful contract renewals and higher pricing [18] - Revenue from revenue share agreements grew by 65% year on year, marking the highest growth rate since winning the NFL contract [18] - Sports tech revenue increased by 12% year on year, supported by innovative products built on Genius IQ technology [19] Market Data and Key Metrics Changes - Revenue growth was geographically balanced, with Europe, The Americas, and the rest of the world achieving growth rates of 16%, 23%, and 39% respectively [19] - Media revenue decreased to $26 million from $35 million last year, following a strong 63% increase in Q1 2024 [20] Company Strategy and Development Direction - The company expanded its NCAA partnership, securing exclusive data rights for March Madness and all postseason tournaments, which is expected to drive greater revenue without any rights fees [6][7] - New product launches, such as the semi-automated offside technology (SAOT) and BetVision for soccer, are expected to create a powerful flywheel effect, enhancing revenue generation and customer engagement [8][10][12] - The company is focusing on capital allocation towards tech investment and M&A, while also implementing a share repurchase program of up to $100 million [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business model's resilience against macroeconomic conditions, noting that online sports betting remains a strong component of consumer spending [16] - The company anticipates continued growth in media revenues, particularly from the evolution of the Fanhub platform, with expectations of low to mid-teens growth for the full year 2025 [20][42] Other Important Information - The company has a robust and growing customer pipeline for its Fanhub platform, which is expected to be a significant opportunity in the sports advertising ecosystem [10][11] - Management highlighted the importance of responsible gaming and maintaining the integrity of sports betting as essential for long-term industry growth [25][27] Q&A Session Summary Question: What are the top priorities with the ample cash on the balance sheet? - Management indicated that capital allocation priorities include R&D spending, M&A focus, and share buybacks as a means of being opportunistic in a volatile market [23][24] Question: How does the NCAA's push to protect student athletes impact revenue growth? - Management believes that responsible gaming and protecting player integrity align with the interests of the sports betting industry, suggesting a symbiotic relationship [25][26][27] Question: What factors contributed to the decline in media revenue? - Management noted that the decline was expected due to tough year-on-year comparisons and timing of spending, but anticipates a return to growth in the latter half of the year [32][33] Question: How does BetVision's expansion into soccer impact monetization? - Management highlighted that the expansion into soccer represents a significant opportunity due to the high volume of games and the potential for increased in-play betting [36][37] Question: What is the company's view on predictive markets? - Management sees predictive markets as an opportunity for additional products and partnerships, while also considering the implications for long-term regulation [90][92] Question: How is the guidance for in-play betting expected to change? - Management anticipates a small increase in in-play betting percentages in the latter half of the year, with potential upside to the guidance [94][95]

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 ...

Core Insights - PlayersTV is set to host its 2025 NewFront on May 8, 2025, in New York City, in partnership with Genius Sports, to unveil details about PlayersTV+, a subscription-based streaming platform focused on athlete-driven content [1][2] - The partnership aims to provide innovative targeted advertising solutions for brands, enhancing fan engagement through advanced technology and data [2][3] PlayersTV+ - PlayersTV+ will be the only dedicated streaming platform for athlete-driven content and community, featuring programming that goes "beyond the game, beyond the uniform" [2][3] - The platform is backed by over 70 athlete investors and partners, including notable figures like Chris Paul and Dwayne Wade, along with more than 2,200 fan owners who have purchased equity in the company [3][4] Genius Sports Partnership - Genius Sports will serve as the strategic fan activation platform partner, offering technologies that address the evolving needs of advertisers in reaching sports fans [3][7] - The partnership will leverage the FANHub Activation Platform, which combines programmatic and social media buying with real-time sports data [5][6] Advertising Innovations - The NewFront will showcase key innovations from Genius Sports, including augmented advertising technologies currently in use with major sports teams and events [3][5] - PlayersTV will reveal six new original shows from star athletes during the event, enhancing its content offerings [4][6] Industry Context - The event represents a significant moment for advertisers looking to engage with sports audiences, highlighting the need for a new approach in the current media landscape [3][7] - PlayersTV aims to create a new ecosystem where brands, athletes, and fans can connect authentically and measurably, marking a transformative phase in athlete-led media [7][8]

Group 1: Company Performance - Genius Sports Limited (GENI) shares increased by 6.1% to close at $11.04, with notable trading volume compared to typical sessions, and a total gain of 14.4% over the past four weeks [1] - The company is experiencing strong revenue growth, successful contract renewals, and the expansion of innovative products such as BetVision and AI-driven technology platforms [1] - The consensus EPS estimate for the upcoming quarter has been revised 35.7% higher over the last 30 days, indicating a positive trend that typically correlates with price appreciation [3] Group 2: Financial Expectations - Genius Sports Limited is expected to report a quarterly loss of $0.05 per share, reflecting a year-over-year change of +54.6%, with revenues projected at $143.27 million, up 19.7% from the previous year [2] - The trends in earnings estimate revisions are strongly correlated with near-term stock price movements, suggesting potential strength in the stock [2] Group 3: Industry Context - Genius Sports Limited is part of the Zacks Internet - Content industry, where DHI Group (DHX) also operates, having closed 3.4% higher at $1.52, but with a -43.9% return over the past month [3] - DHI Group's consensus EPS estimate has remained unchanged at $0.01, representing an 80% decline from the previous year, and it currently holds a Zacks Rank of 3 (Hold) [4]

Financial Performance and Profitability - The company has a history of losses and may not be able to achieve or sustain profitability in the future[36] - Genius Sports Group reported net losses of $63.0 million, $85.5 million, and $181.6 million for the years ended December 31, 2024, 2023, and 2022, respectively, with an accumulated deficit of $1,087.5 million as of December 31, 2024[165] - Genius Sports Group's ability to achieve profitability is uncertain, as it may not generate sufficient revenue to offset its costs, including fixed costs associated with data licenses and rights[166] - The company expects to continue incurring significant operating expenses as it invests in customer acquisition, technology infrastructure, and research and development, which may negatively impact profitability if revenue does not increase[167] Market and Economic Risks - Elevated interest rates and inflationary pressures could lead to persistently higher costs, which may not always be offset by higher revenue[49] - Economic conditions, including rising interest rates and inflation, may adversely affect customer spending and the overall market environment[50] - The company is subject to macroeconomic risks, including economic downturns that could reduce consumer discretionary income for sports-related activities[36] - The company faces risks related to cybersecurity incidents that could compromise systems and data, leading to reputational damage[36] Regulatory and Compliance Challenges - Changes in gambling regulations could adversely affect the company's financial results and operations, including restrictions on advertising and betting markets[34] - The company is subject to various domestic and foreign laws and regulations, which could change and adversely impact its operations and financial results[71] - Compliance with evolving data protection laws, such as the GDPR, is critical and may increase operational costs and affect business practices[90] - The introduction of new gambling regulations may restrict the company's operations and affect revenue share fees from sportsbook customers[74] Competition and Market Position - The company operates in a highly competitive market, facing risks from existing and future competitors, which may lead to a loss of customers and relationships[50] - A significant portion of the company's revenues is concentrated among large customers, and losing one or more of these customers could materially adversely affect financial results[57] - The company has historically achieved organic growth but has supplemented this through strategic acquisitions, which may not always be successful[60] Technology and Data Management - The company must continually invest in product development and technology to maintain market acceptance and adapt to rapidly changing industry standards[52] - Increased reliance on hardware-based solutions for data collection exposes the company to risks associated with a globally distributed supply chain, including component shortages and regulatory compliance[53] - The company is investing in data-driven digital marketing services targeting sports audiences, necessitating strict compliance with privacy laws[93] Legal and Intellectual Property Risks - The company may face claims for intellectual property infringement, which could result in legal costs and limit its ability to use certain technologies[36] - The company is currently involved in ongoing litigation with Sportscastr, which claims patent infringement related to synchronized live data and content, seeking monetary relief[128] - The company has been subject to various legal proceedings, including those related to anti-trust, privacy, and intellectual property, which could adversely affect its financial condition and operations[124] Human Resources and Organizational Challenges - The company faces challenges in recruiting and retaining skilled personnel, which is critical for maintaining competitive service provisions[55] - Recruitment and retention of qualified personnel are critical for Genius' growth, and the loss of key employees could harm the business[217] Geopolitical and Environmental Risks - Geopolitical tensions, such as the conflict between Russia and Ukraine, may adversely affect operations and revenue generation in affected regions[67] - Climate change poses long-term risks that could disrupt the company's business and impact customers, leading to potential financial repercussions[70] Shareholder and Market Considerations - The market price of Genius ordinary shares has declined since their listing date, and future trading prices may be volatile due to various external factors[182] - Genius may issue additional shares without shareholder approval, which could dilute ownership interests and depress the market price of its ordinary shares[206] - Allegations from short sellers could lead to market instability and require significant resources for Genius to investigate or defend against such claims[187] Internal Controls and Reporting - A material weakness in internal control over financial reporting could adversely affect Genius' ability to report financial results accurately and timely[214] - Genius plans to enhance processes for applying accounting requirements, but future material weaknesses could lead to misstatements and loss of investor confidence[216] ESG and Corporate Governance - Genius has formalized its ESG program in 2022, but achieving specific targets may be subject to risks and uncertainties[223] - Effective December 31, 2024, Genius became a large accelerated filer, which may increase compliance costs and demands on management[226]

Financial Data and Key Metrics Changes - The company reported a year-on-year group revenue growth of 38% in Q4 to $176 million, bringing 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 full year EBITDA reaching $86 million, also in line with guidance [8][41] - Positive net cash flow was reported for the first time, generating $82 million of operating cash flow in 2024, up from $15 million in 2023, resulting in a year-end net cash balance of $135 million, a $9 million increase year-on-year [9][10] 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, driven by successful contract renewals with major sportsbooks [35][36] - Media revenue surpassed $100 million for the first time, marking a 15% increase for the year, while sports revenue increased by 47% year-on-year in Q4 [38][39] - The company achieved a 24% group revenue growth in 2024, with betting revenue contributing significantly to this growth [40] Market Data and Key Metrics Changes - U.S. revenue increased by 51% year-on-year, primarily due to successful contract renewals with every major sportsbook in the U.S. [20][36] - European revenue grew by 26% year-on-year in Q4, while the Americas saw a 33% increase, and the Rest of the World increased by 44% [40] Company Strategy and Development Direction - The company aims to maintain a strong balance sheet and predictable cash-generative business model, focusing on capital allocation to support growth and scale [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 rollout of innovative products like BetVision is expected to drive engagement and revenue growth, with plans to expand to other sports [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued growth momentum into 2025, expecting group revenue of $620 million and group EBITDA of $125 million, 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 [55][56] Other Important Information - The company achieved a gross margin increase from 16.7% in 2023 to 25.2% in 2024, marking the highest annual gross margin since going public [42] - The company is focused on product development and operational execution, with a new senior management team in place to drive growth [67][68] Q&A Session Summary Question: Expectations for Media Tech growth into '25 and '26 - Management expects continued growth in Sports Tech, driven by strategic importance and specific deals with European soccer leagues [49][50] Question: Impact of NFL expanding to Europe - Management noted that the NFL is gaining traction in Europe, with significant interest and attendance at games, which is expected to drive betting growth [55][56] Question: Seasonality considerations for 2025 - Management anticipates strong growth in the first half of 2025, particularly from betting, while media growth is expected to be stronger in Q4 [60][61] Question: Priorities for management in 2025 - Focus areas include operational execution, product delivery, and expanding the management team to support growth [66][68] Question: Capital raise and M&A strategy - The company is looking for cash accretive tuck-in acquisitions that align with long-term strategy, while maintaining a strong balance sheet [74][76] Question: Dollar-based net retention and pricing impact - Management indicated that the strong dollar-based net retention is due to 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: Tax proposals impact on business - Management expressed confidence in the resilience of the business model, noting that tax changes are regulatory and not expected to have a significant impact [128][129] Question: In-play adoption and pricing impact - Management confirmed that in-play adoption is in line with expectations, supported by contract structures that mitigate risks from bookmaker performance [132][134]

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 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 ...

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 ...