Market Overview - The U S lottery market reached $106 billion in 2021, a 16% increase from 2020[10] - Online lottery sales represent only 5% of the total U S lottery market in 2021, indicating significant growth potential[10, 11] Financial Performance - Lottery com's 2021 revenue was $68 5 million, an increase of $61 1 million year-over-year[10] - The company's 2021 adjusted EBITDA was $31 1 million, an improvement of $34 2 million year-over-year[10] - Q4 2021 revenues reached $21 5 million, up $18 2 million or 559% from Q4 2020[34] - FY21 pro forma revenues were $70 5 million, driven by LotteryLink credits and including the full-year impact of acquired interests in Mexico[34] Business Initiatives - Lottery com operates in 12 U S jurisdictions and multiple jurisdictions outside the U S, with plans to enter five new U S jurisdictions by the end of 2022[26] - The average customer acquisition cost for U S B2C Lottery com users is $27, with a customer lifetime value of $92[26, 27] - The average customer acquisition cost for international B2C Lottery com users is $32, with a customer lifetime value of $110[27]
Lottery(LTRY) - 2021 Q4 - Earnings Call Presentation