Genius Sports Limited · NYSE:GENI
Genius Sports — Q4 2024 Earnings Presentation
21 slides from Genius Sports's earnings presentation, Mar 4, 2025
Slide 1: Fourth Quarter 2024 Earnings
Fourth Quarter 2024 Earnings March 4, 2025
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 01 02 03 Business Updates Financial Results Appendix & Outlook
Slide 4: Business Updates
Business Updates
Slide 5: Consistent Execution in 2024 Creates Momentum Into 2025
Consistent Execution in 2024 Creates Momentum Into 2025 ▪ Group Revenue increased 38% year-on-year in Q4 and 24% in the full-year 2024 Demonstrated ▪ Group Adj. EBITDA1 increased 171% year-on-year in Q4 and 61% in the full-year 2024 Growth and ▪ Group Adj. EBITDA margin1 expanded 900bps year-on-year
Slide 6: Capital Allocation Strategy to Generate Shareholder Value
Capital Allocation Strategy to Generate Shareholder Value Balance Sheet Strength and Cash Flow Inflection Enables Genius to Solidify its Position at the Heart of the Sports Technology Ecosystem Leagues 2 & Teams Capital Allocation Framework 1 1 ✓ Continued reinvestment in technology development and
Slide 7: Outperformance Driven by Multiple Growth Levers
Outperformance Driven by Multiple Growth Levers Genius Sports Demonstrated its Diversified & Resilient Business Model, Despite Industry Headwinds in Q4 US Sports Betting Trends in Q4 +48% YoY Growth in Genius Sports Q4 Global Betting Revenue +20% +28% 30% YoY NFL In-Play NFL In-Play YoY US GGR Growt
Slide 8: Genius Sports Positioned to Grow Alongside its Sportsbook Customers
Genius Sports Positioned to Grow Alongside its Sportsbook Customers Multiple Growth Levers Benefitting Genius and its Sportsbook Partners Dollar Based Net Revenue Retention1 2023 2024 Growth of Online Sports Betting Market Top 25 Customers 128% 146% Increased In-Play Gaming Revenue Additional Value-
Slide 9: BetVision Driving Fan Engagement and Expanding Globally
BetVision Driving Fan Engagement and Expanding Globally Expansion to global 76% >2x sports expected in 2025 Of total handle from Increase in weekly average # of unique streamers was in-play1 game streams vs. prior season Football Q2 | Basketball Q3 13 90% Different countries Market share of US GGR a
Slide 10: GeniusIQ Empowers Leagues & Transforms the Fan Experience
GeniusIQ Empowers Leagues &Transforms the Fan Experience Wide Range of Executions and Technology Distribution in Q4 EA Sports NFL Madden Cast on Peacock NBA 2K25 DataCast alternative telecast on truTV & Max New innovative features for Premier League Data Zone First augmented data feed in German spor
Slide 11: Financial Results & Outlook
Financial Results & Outlook
Slide 12: Revenue Growth Across All Three Products
Revenue Growth Across All Three Products >20% Group Revenue Growth in Each Year as a Public Company Q4 Revenue ($m) Full-Year Revenue ($m) Group Revenue ($m) $128 +48% $355 +29% Betting Betting $87 $274 $30 +4% $105 +15% Media Media $29 $92 $511 $413 $341 $18 +47% $51 +8% $263 Sports Sports $12 $47
Slide 13: Revenue Growth in Each Geographic Market Across the Globe
Revenue Growth in Each Geographic Market Across the Globe Q4 Revenue ($m) Full-Year Revenue ($m) $73 +26% $256 +15% Europe Europe $58 $222 $93 +43% $225 +33% Americas Americas $65 $169 $9 +135% $31 +44% Rest of World Rest of World $4 $21 2024 2023 2024 2023 Note: numbers may not total due to roundin
Slide 14: Demonstrated Operating Leverage and Cash Generation
Demonstrated Operating Leverage and Cash Generation 2023 2024 Gross Profit Margin1 Group Adj. EBITDA Margin2 Cash Provided by Operating Activities ($m) 27.0% 25.2% 18.4% 16.8% $87 $82 16.7% 12.9% 9.4% 8.3% $24 $15 Q4 FY Q4 FY Q4 FY 1 Gross Profit Margin (US GAAP) is defined as Gross Profit as a perc
Slide 15: Expecting Continued Momentum in 2025
Expecting Continued Momentum in 2025 Another Year of >20% Group Revenue Growth, Adj. EBITDA Margin Expansion and Positive Cash Flow $620m FY25 Group 21% 46% FY 2025E Group FY 2025E Group Adj. Revenue Revenue Growth EBITDA Growth $125m 20% ~340bps FY25 Group FY 2025E Group Adj. FY 2025E Group Adj. Ad
Slide 16: Q&A
Q&A
Slide 17: Appendix
Appendix
Slide 18: Genius Sports Q4 P&L & Group Adjusted EBITDA Reconciliation
Genius Sports Q4 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 December 3
Slide 19: Genius Sports FY P&L & Group Adjusted EBITDA Reconciliation
Genius Sports FY 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) Year Ended December 31, Year
Slide 20: Reconciliation of GAAP Operating Expenses to non-GAAP Operating Expenses
Reconciliation of GAAP Operating Expenses to non- GAAP Operating Expenses (a) Amortization of acquired intangibles; (b) Other depreciation & amortization; (c) Stock-based compensation (including related employer payroll taxes); (d) Transaction expenses; (e) Litigation and related costs; (f) Other
Slide 21: GENI Share Count Build
GENI Share Count Build Total Capitalization (shares in millions) As of December 31, 2024 Ordinary shares outstanding 211.2 Additional Securities Management restricted shares and options 1.5 NFL Enterprises LLC vested Warrants1 18.5 Unvested equity-settled RSUs and PSUs2 19.3 Total Additional Securit