Newsmax Blue Newsmax Red Complete color information can Investor Presentation March 2026 ABCDEFGHIJKLMNOPQRSTUVWXYZ abcdefghijklmnopqrstuvwxyz 0123456789@#$%&* Museo Sans 900 The logotype was based on the typeface Museo San be found on page 8. Colors Logotype Typeface Investment Highlights Rapidly Expanding News Network with Strong Growth Trajectory Highly Loyal Audience with Significant Reach Diverse Platform Model with Multi-Faceted Revenue Streams World-Class Leadership with Strategic Access Debt-Free Ba ...

Financial Data and Key Metrics Changes - The company achieved group revenue of $669 million in 2025, representing a 31% growth, the strongest annual increase since 2021 [6][4] - Adjusted EBITDA was $136 million, translating to a 20% margin, marking the highest annual margin as a public company [6][4] - The betting revenue increased by 33% in 2025, driven by growth with existing customers and innovative products [6][7] - The media business revenue grew by 37% to $144 million, supported by strong execution in the second half of the year [6][7] Business Line Data and Key Metrics Changes - Betting revenue growth was primarily driven by the introduction of products like BetVision, which increased engagement and in-play wagering [6][7] - The media segment is transitioning some revenue recognition from gross to net reporting, which will impact reported growth rates but improve margin profiles [9] - The second half of 2025 saw nearly double the revenue compared to the second half of 2024, although such high growth rates are not expected to continue [7][9] Market Data and Key Metrics Changes - The Americas accounted for most of the growth, up 41%, while established European markets also performed well with growth exceeding 20% in 2025 [10] - The company expects organic business revenue to generate between $810 million and $820 million in 2026, representing growth of 22% [11] Company Strategy and Development Direction - The company reaffirmed its 2026 guidance of continued top-line growth and margin expansion, aligning with previous communications [4] - The acquisition of Legend is seen as a strategic move to enhance audience monetization and leverage technology for better engagement [13][14] - The company plans to report revenue across two product groups, betting and media, starting in 2026, to better reflect operational structure [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the financial and strategic rationale behind the acquisition of Legend, emphasizing its technology and audience engagement capabilities [13][14] - The company anticipates that the combined entity will achieve group revenue of $1.1 billion and Adjusted EBITDA of $320 million to $330 million post-acquisition [12] - Management highlighted the importance of owning environments for user engagement, stating that proprietary behavioral data is a competitive advantage [19] Other Important Information - The company is embedding its real-time sports signals into major advertising platforms, enhancing its position in the advertising ecosystem [9] - The integration of Legend's technology is expected to optimize existing products like BetVision, potentially increasing in-play betting revenue [24][75] Q&A Session Summary Question: Free cash flow and one-time costs - Management noted that free cash flow was impacted by non-recurring legal expenses, with a $30 million swing due to these costs [28][30] Question: Media business growth from new agreements - The impact of new media agreements on total growth was described as muted, as these agreements take time to ramp up [31] Question: Update on partner conversations post-acquisition - Management indicated that conversations with media partners are progressing well, with expectations of increased advertising spend around prediction markets [34][36] Question: Advertising inventory adequacy - Management stated that while more unique inventory is always desired, it is not necessary to achieve financial targets [78] Question: BetVision event growth potential - The company aims to grow BetVision events significantly, with a target of reaching 300,000 events, particularly in esports [85] Question: Engagement metrics from the NFL season - Year-over-year engagement improvements were noted, with a 32% increase in unique plays on NFL and a 62% increase across football [89]

Core Viewpoint - Genius Sports Limited (NYSE:GENI) is viewed positively by hedge funds, with analysts projecting significant upside potential for the stock, particularly due to its unique business model and growth forecasts [1][2]. Group 1: Analyst Ratings and Price Targets - Benchmark & Co analyst Mike Hickey has reaffirmed a Buy rating for Genius Sports Limited, estimating a price target of $16, indicating an upside potential of over 54% [1]. - Citizens revised its target price for Genius Sports Limited from $15 to $17, also rating the stock as Buy [4]. Group 2: Business Model and Growth Factors - The company's rising fixed cost basis contributes to increasing operating leverage, which is a key factor in Hickey's bullish outlook [2]. - Genius Sports has a unique advantage in media monetization, utilizing real-time advertising and interactive data-driven engagement methods instead of traditional content licensing [2]. - Management's multi-year guidance projects revenues of $1.2 billion by 2028, with expected adjusted EBITDA margins of approximately 30% and a free cash flow conversion ratio of around 60% [3]. Group 3: Company Overview - Genius Sports Limited is a sports data, analytics, and technology company that provides data management and technology-enabled solutions for fans, sports leagues, and media companies, while also engaging with bookmakers in the betting market [5].

Core Viewpoint - Genius Sports (GENI) has been identified as a top investment idea for 2026 in the enterprise data management sector by Benchmark [2] Group 1 - Analyst Mike Hickey supports a bullish outlook on Genius Sports due to accelerating growth trends [3]