Genius Sports Limited · NYSE:GENI
Genius Sports — Q1 2022 Earnings Presentation
16 slides from Genius Sports's earnings presentation, May 12, 2022
Slide 1: First Quarter 2022 Earnings
First Quarter 2022 Earnings May 12, 2022
Slide 2: Disclaimer
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
Slide 3: Contents
Contents 1 Business Updates 2 Financial Results & Outlook 3 Appendix |3
Slide 4: Business Updates
Business Updates |4
Slide 5: First Quarter Business Highlights
First Quarter Business Highlights First Quarter • Q1 Group Revenues increased 60% year-on-year to $86M vs. management guidance of $78M Results Ahead of • Q1 Group Adj. EBITDA of ($2.9M) vs. management guidance of ($5.0M) Expectations • 7 new or renewed rights deals in Q1 (avg. 6-year terms) • Increa
Slide 6: Second Spectrum Strengthens Competitive Advantages
Second Spectrum Strengthens Competitive Advantages NCAA DI Women’s Basketball Championship, ESPN ESPN and CBS nominated for Sports Emmy Awards, powered by Second Spectrum OUTSTANDING GRAPHIC DESIGN - EVENT/SHOW NBA on ESPN NCAA Men’s March Madness, Turner Sports Marvel Arena of Heroes THE GEORGE WEN
Slide 7: Free-to-Play Success Stories
Free-to-Play Success Stories Beat the Streak Super Bowl Challenge Extra6er & Pick6 - 100k+ reg. in the first week - 9 different countries - Began in Q4 2021 in Germany with 1 sport, - 5 different languages currently expanding to 4 countries across 7 - ~90k+ picks made daily sports |7
Slide 8: Success in Programmatic Advertising for Sportsbooks
Success in Programmatic Advertising for Sportsbooks Average CPA for New Genius acquired one new depositing Sportsbook Player player on behalf of sportsbook customers every ~5 minutes during the 2021-22 NFL $300 season $225 In the 48 hours leading up to the Super Bowl, Genius acquired one new player
Slide 9: Financial Results
Financial Results |9
Slide 10: Executing Ahead of Expectations in Q1
Executing Ahead of Expectations in Q1 Q1 2022 Q1 2022 • Growth in Betting revenue driven by price ($m) increases on contract renewals and Outlook Actual renegotiations, expansion of value-add Betting Technology, services and content and new customer $48 $50 wins Content and Services Media Technology
Slide 11: Reaffirming Full-Year 2022 Financial Outlook
Reaffirming Full-Year 2022 Financial Outlook Stronger than expected Q1 results enables us to maintain full-year outlook despite presentational currency adjustments and Russian headwinds Constant Currency Q1 2022 ($m) Q2 2022E Q3 2022E Q4 2022E FY 2022E FY 2022E Actual Betting Technology, Content and
Slide 12: Genius Sports
Genius ‘SPORTS
Slide 13: Appendix
Genius ‘SPORTS
Slide 14: Genius Sports Q1 P&L & Group Adjusted EBITDA Reconciliation
Genius Sports Q1 P&L & Group Adjusted EBITDA Reconciliation Condensed Consolidated Statements of Operations Reconciliation of U.S. GAAP Net loss to Group (Unaudited, amounts in thousands, Adjusted EBITDA except share and per share data) (Unaudited, amounts in thousands) Three Months Ended March 31,
Slide 15: Reconciliation of GAAP Operating Expenses to non-GAAP Operating Expenses
Reconciliation of GAAP Operating Expenses to non-GAAP Operating Expenses Three Months Ended Year Ended March 31, December 31, September 30, June 30, March 31, December 31, September 30, June 30, December 31, December 31, 2022 2021 2021 2021 2021 2020 2020 2020 2021 2020 GAAP Operating Expenses Cost
Slide 16: GENI Share Count Build
GENI Share Count Build As of Total Capitalization (shares in millions) March 31, 2022 Ordinary shares issued and outstanding 197.91 Additional Securities Management restricted shares and options 7.69 Public Warrants1 7.67 NFL Enterprises LLC vested Warrants2 11.25 NFL Enterprises LLC unvested Warran