Summary of Genius Sports Investor Day Conference Call Company Overview - **Company**: Genius Sports - **Industry**: Sports technology and data analytics, focusing on digital transformation in sports Key Points and Arguments 1. **Digital Transformation of Sports**: Genius Sports is positioned at the center of the ongoing digital transformation in sports, which is characterized by data-driven fan behavior and the convergence of betting, media, advertising, content, and commerce [3][4][6] 2. **Genius IQ Platform**: The company emphasizes the importance of its technology platform, Genius IQ, which serves as the operating system for modern sports, capturing real-time data and enhancing fan engagement [4][8][10] 3. **Market Position**: Genius Sports has renewed major league partnerships and expanded its media business, which has nearly tripled in size over the last four years. The technology is deployed in over 300 venues worldwide, with plans for hundreds more [6][7][35] 4. **Revenue Pathways**: The company aims to own revenue pathways in betting, media, advertising, and data, allowing it to extract value without needing to own the sports fan directly [6][7] 5. **Financial Outlook**: The company projects a revenue of $1.2 billion and an adjusted EBITDA of $365 million by 2028, with a 30% margin and 60% free cash flow conversion [9][10] Additional Important Insights 1. **Fan Engagement Strategy**: Genius Sports focuses on creating immediate, intelligent, and immersive fan experiences that are consistent across the entire fan journey, avoiding fragmented solutions [12][14][15] 2. **Technological Innovations**: The company utilizes advanced technologies such as AI, machine learning, and computer vision to enhance data collection and analysis, which is critical for modern sports [17][18][19] 3. **Applications and Experiences**: Genius Sports has developed various applications, including Genius Perform for performance analytics, Genius Bet for interactive betting experiences, and Genius Engage for enhanced media integration [23][28][29] 4. **Partnership with NFL**: The relationship with the NFL is highlighted as a key strategic partnership, focusing on enhancing fan engagement and exploring international growth opportunities [37][76] 5. **Integrity and Regulation**: The importance of maintaining integrity in sports betting and the role of regulation in creating a trusted ecosystem is emphasized [49][52] Conclusion - Genius Sports is strategically positioned to capitalize on the digital transformation of sports through its innovative technology platform, strong partnerships, and focus on enhancing fan engagement and monetization opportunities. The company is optimistic about its growth trajectory and the potential for new revenue streams in the evolving sports landscape [10][81]

Business Overview - Genius Sports has partnerships with over 400 leagues and federations, 250+ brands & advertisers, 650+ sportsbook partners, and 50+ broadcasters[17] - Genius Sports' technology platform, GeniusIQ, aims to drive monetization through personalized advertising, new viewing experiences, next-gen betting products, and deeper data[22] - Genius Sports has invested over $500 million in the past 12 years[33] Financial Performance and Projections - Genius Sports projects revenue of $1.2 billion and adjusted EBITDA of $365 million with a 30% margin by 2028[65] - The company anticipates free cash flow of $220 million by 2028, representing a 60% conversion rate[65] - Genius Sports' revenue has shown consistent growth, from $88 million in 2018 to $655 million in 2025E[35] - The company's adjusted EBITDA margin has expanded from 1% in 2018 to a projected 21% in 2025E[35] - Genius Sports' betting revenue is growing at a CAGR of 27% from 2021 to 2025E, outpacing the global online sports betting GGR growth of 19%[31, 32] Betting Market - Top 25 global customers net revenue retention is 136%[155] - Top 10 US customers net revenue retention is 137%[155] - All customers net revenue retention is 131%[155] Media and Advertising - Genius Sports aims to achieve $300 million in media revenue by 2028[183] - The total global digital ad market is approximately $700 billion, with an addressable non-walled garden ad spend of around $350 billion, and sports fan-focused spending of about $100 billion[185]

Core Insights - Genius Sports Limited reported a strong quarter with a 38% revenue growth to $166.3 million, driven by an 89% increase in media revenue and ongoing growth in its betting segment [9] - Despite the positive performance, Cooper Creek Partners Management significantly reduced its stake in Genius Sports, selling nearly 7.5 million shares and decreasing its position from 3% to 0.7% of its assets under management [2][8] - The company raised its full-year revenue guidance to $655 million for 2025 and expects $136 million in adjusted EBITDA, indicating strong operational momentum [9] Company Overview - Genius Sports has a market capitalization of $2.4 billion and reported a total revenue of $604.5 million over the trailing twelve months (TTM) [4] - The company is a leading provider of technology-driven products and services for the sports, sports betting, and sports media industries, focusing on real-time data and streaming content [5] - Genius Sports generates revenue through various channels, including licensing data feeds, streaming content, risk management services, and digital marketing solutions [5] Market Performance - As of the latest market close, shares of Genius Sports were priced at $10.07, reflecting a 3% increase over the past year, although this lags behind the S&P 500's 14% return during the same period [3] - The significant reduction in stake by Cooper Creek Partners, despite the company's improving fundamentals, highlights a potential divergence between market sentiment and operational performance [6]

Core Insights - Pixellot is enhancing its commitment to community sports in Australia by introducing an AI-driven revenue-share model and appointing a new Chief Commercial Officer for Australia and New Zealand [1][2] Group 1: Company Developments - Dean Anglin, a respected sports executive with over a decade of experience in Australian basketball, will join Pixellot as Chief Commercial Officer on January 5, 2026 [2] - Pixellot has extended its partnership with PlayOn Sports for five years, which is a leading fan-engagement platform for high school sports in the U.S. [3] - The company recently closed a $35 million investment round, marking a significant financial milestone [3] Group 2: Product and Market Strategy - Pixellot's AI-as-a-Service (AIaaS) model, already implemented in 16,000 systems across 9,000 U.S. schools, is being customized for Australian grassroots sports organizations [4] - Early adopters of the AIaaS model in Australia include Hockey Australia, Netball New Zealand, and local basketball organizations, which are seeing strong engagement with the technology [4] - The AIaaS model automates production, personalizes content, and monetizes through per-player charging models tailored to the Australian market [5] Group 3: Industry Impact - Pixellot's expansion into Australia aims to help sporting organizations scale efficiently, engage audiences, and generate shared revenue [5] - The AIaaS model is designed to provide community sports organizations with sustainable revenue opportunities while enhancing fan engagement [6]

Group 1 - Enhanced, a sports technology firm, announced plans to go public in the United States through a merger with A Paradise Acquisition Corp [1] - The merger values Enhanced at $1.2 billion [1]

Core Insights - Sportradar Group AG (NASDAQ:SRAD) is recognized as one of the best mid-cap tech stocks to buy according to analysts, with a recent Buy rating from Jefferies and a price target adjustment from $32 to $30 [1] - The company reported fiscal Q3 2025 results with revenue of €292 million (approximately $338.7 million), which missed estimates by $5.49 million, and an EPS of $0.08, falling short by $0.02 [2] - Year-over-year revenue growth was 14%, driven by an 11% increase in Betting Technology & Solutions and a 31% increase in Sports Content, Technology & Services [2][4] Financial Performance - The quarterly profit was negatively impacted by foreign currency movements, resulting in a €15 million year-over-year decrease due to €22 million lower foreign currency gain [3] - The Marketing & Media Services segment showed significant growth, increasing by 33% year-over-year during the quarter, benefiting from the recent acquisition of IMG Arena [4] Company Overview - Sportradar Group AG is a global sports technology company that provides data and software solutions to sports federations, media, and sports betting operators [5]

Core Insights - Signing Day Sports, Inc. reported selected financial results for the quarter ended September 30, 2025, highlighting a focus on improving operational efficiency and reducing expenses despite lower revenues compared to the previous year [1][4]. Financial Highlights - Total assets as of September 30, 2025, were approximately $1.0 million, with accounts payable decreasing by 64.9% from December 31, 2024 [3]. - Cash and cash equivalents increased to approximately $216 thousand, up from approximately $181 thousand at the end of 2024 [3]. - Revenue for the quarter totaled approximately $31 thousand, down from $55 thousand in Q3 2024, attributed to lower event fee payments [8]. - Cost of revenues was approximately $9 thousand, a decrease from $30 thousand in the prior-year period, mainly due to reduced product and apparel-related costs [8]. - General and administrative expenses were approximately $887 thousand, down 39% from $1.46 million in Q3 2024, resulting from lower legal fees, stock-based compensation, insurance, and travel expenses [8]. - Net loss for the quarter was approximately $566 thousand, significantly reduced from approximately $1.6 million in the prior year, due to lower costs [8]. Business Update - The CEO expressed confidence in the proposed business combination with One Blockchain LLC, viewing it as a transformational opportunity to enhance the company's technology-driven sports recruitment platform [4]. - The successful launch of basketball recruitment in Q3 and the upcoming national football combine in Q4 are expected to drive growth and innovation [4].

Core Insights - Hodges Capital Management Inc. increased its stake in Genius Sports Limited, holding 1,854,611 shares valued at $22.96 million as of September 30, 2025, marking an increase from the previous quarter [1] Company Overview - Genius Sports Limited is a leading provider of sports data technology and integrity solutions, serving a global client base with proprietary technology for real-time data, streaming, and analytics [5][6] - The company reported a market capitalization of $2.41 billion and a revenue of $604.52 million for the trailing twelve months (TTM) [3] Financial Performance - Genius Sports experienced a significant year-over-year revenue growth of 38%, with third-quarter sales reaching $166.3 million [10] - Despite the revenue growth, the company reported a net loss of $28.8 million for the third quarter, contrasting with a gain of $12.5 million in the same period the previous year [10] - The company anticipates a revenue increase of 28% for the year, projecting total revenue to reach $655 million [10] Stock Performance - As of November 6, 2025, shares of Genius Sports were priced at $10.21, reflecting a 42.0% increase from the previous year and outperforming the S&P 500 by 34.2 percentage points [8] - The stock had previously surged over 50% in late September 2025 but was down 24.5% from its peak by November 7, 2025 [7]

Financial Performance - Q3 2025 revenue reached €292 million, a 14% year-over-year increase[5] - Adjusted EBITDA grew by 29% year-over-year to €85 million[5] - Adjusted EBITDA margin expanded to a record 29%, a 318 bps increase[5] - Year-to-date free cash flow reached €149 million, a 23% increase[7] Acquisition and Expansion - Completed the acquisition of IMG ARENA, adding depth in key betting sports[5] - Sportradar received financial consideration totaling $225 million as part of the IMG ARENA acquisition[16] - The acquisition includes rights to ~38,000 official data events and ~29,000 streaming events[16] Future Outlook and Investments - Full year 2025 outlook raised, expecting at least 17% revenue growth and at least 30% Adjusted EBITDA growth[5] - Share repurchase program increased by $100 million, bringing the total authorization to $300 million[5] - Projects nearly 240 bps of EBITDA margin expansion in 2025[64]

Core Insights - Sportradar Group AG reported strong financial results for Q3 2025, with a revenue increase of 14% year-over-year to €292 million, driven by growth in various segments and geographic markets [4][5][7] - The company completed the acquisition of IMG ARENA, enhancing its competitive position and expanding growth opportunities [15][16] - Adjusted EBITDA rose by 29% to €85 million, with a record margin of 29%, reflecting effective cost management and operational efficiency [5][13] Financial Performance - Total revenue for Q3 2025 was €292 million, up from €255 million in Q3 2024, marking a €37 million increase [4][7] - Revenue by product showed significant growth: - Betting & Gaming Content: €176 million, up 8% - Managed Betting Services: €56 million, up 19% - Betting Technology & Solutions: €233 million, up 11% - Marketing & Media Services: €44 million, up 33% [4][8][9] - The company generated a profit of €22 million for the period, down from €37 million in Q3 2024, primarily due to lower foreign currency gains [5][12] Growth Drivers - The acquisition of IMG ARENA is expected to provide additional growth avenues and strengthen Sportradar's rights offering and product suite [3][15] - The company achieved a Customer Net Retention Rate of 114%, indicating strong client loyalty and cross-selling capabilities [5][11] - Revenue growth was particularly strong in the United States, which saw a 21% increase, contributing to 23% of total revenue [10] Cash Flow and Outlook - Net cash from operating activities for the nine months ended September 30, 2025, was €315 million, with free cash flow of €149 million [18][32] - The company raised its full-year 2025 revenue outlook to at least €1.29 billion, representing a 17% growth, and adjusted EBITDA to at least €290 million, indicating a 30% growth [5][20][23] - A $100 million increase in the share repurchase program was announced, bringing the total authorization to $300 million [5][21] Strategic Partnerships and Innovations - Sportradar entered into a partnership with DAZN for data and broadcast services across multiple sports [14] - The company launched Bettor Sense, an AI-powered responsible gaming solution, and was awarded the 2025 American Gambling Awards Data Service Provider of the Year [22]