Genius Sports Limited · NYSE:GENI
Genius Sports — Q4 2021 Earnings Presentation
19 slides from Genius Sports's earnings presentation, Mar 11, 2022
Slide 1: Fourth Quarter 2021 Earnings
Fourth Quarter 2021 Earnings March 11, 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 Overview & Updates 2 Financial Results & Outlook 3 Appendix |3
Slide 4: Business Overview & Updates
Business Overview & Updates |4
Slide 5: Investor Day Summary
Investor Day Summary 1• Genius Sports Group expecting to generate Group Adjusted EBITDA of $15m in 2022 and $40-$50m in 2023 2• Original Business already delivering healthy EBITDA profitability 3• Commentary from key partners and customers: 4• Deep dive on each of our three reporting segments 5• A v
Slide 6: Fourth Quarter Business Highlights
Fourth Quarter Business Highlights Another Quarter • Q4 Group Revenues increased 79% year-on-year to $84M of Strong Year- • Full Year 2021 Group Revenues increased 75% year-on-year to $263M, slightly above the high-end of our guided range on-Year Revenue • Full Year 2021 Group Adjusted EBITDA of $2M
Slide 7: Technology At The Heart of Innovative CFL Partnership
Technology At The Heart of Innovative CFL Partnership A 10-year exclusive sports data and international streaming deal with the ability to commercialize in a burgeoning Canadian market Genius providing CFL with a full range of products and services across data collection, tracking, visualizations, f
Slide 8: Empowering Customers Across Sports, Betting & Media
Empowering Customers Across Sports, Betting & Media Powered Nickelodeon’s broadcast of an Continued winning new sportsbook Official NFL data helps power the Captain NFL Wild Card Game customers in Q4 Morgan Super Bowl Punch Bowl Collaborated with NFL’s Next Gen Stats Reinforced partnerships with bet
Slide 9: Financial Results
Financial Results |9
Slide 10: Fourth Quarter 2021 Financial Results
Fourth Quarter 2021 Financial Results Group Revenue increased 79% year-over-year to $84.0M Q4 2020 to Q4 2021 Revenue Bridge ($m) C $84.0 A• Increased utilization of available content, B $8.8 $13.0 new customer wins, and our first full quarter of NFL related revenues, partially offset by A $9.5 $17.
Slide 11: Full Year 2021 Financial Results
Full Year 2021 Financial Results Group Revenue increased 75% year-over-year to $262.7M FY 2020 to FY 2021 Revenue Bridge ($m) $262.7 C A• Growth with existing customers as a result of B $21.1 $37.2 price increases powered by official data rights A strategy, along with new customer wins and $25.3 $48
Slide 12: 2022 Segmental & Quarterly Guide
2022 Segmental & Quarterly Guide ($m) Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022 Betting Technology, $48 $44 $53 $71 $216 Content and Services Media Technology, $18 $12 $19 $26 $75 Content and Services Sports Technology and $12 $12 $12 $13 $49 Services Revenue $78 $68 $85 $109 $340 Group Adjusted EBITD
Slide 13: Expecting Continued Revenue and Profitability Growth
Expecting Continued Revenue and Profitability Growth 2020 – 2023E Group Adjusted Revenue ($m) $430 - $440 $340 $263 $150 2020A 2021A 2022E 2023E 2020 – 2023E Group Adjusted EBITDA ($m) $40 - $50 $18 $2 $15 2020A 2021A 2022E 2023E | 13
Slide 14: Genius Sports
Genius ‘SPORTS
Slide 15: Appendix
Genius ‘SPORTS
Slide 16: Genius Sports Q4 P&L and Group Adjusted EBITDA Reconciliation
Genius Sports Q4 P&L and 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 Three Mo
Slide 17: Genius Sports Full Year P&L and Group Adjusted EBITDA Reconciliation
Genius Sports Full Year P&L and 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
Slide 18: 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 December 31, September 30, June 30, March 31, December 31, September 30, June 30, March 31, December 31, December 31, Unaudited, amounts in thousands Note 2021 2021 2021 2021 2020 2020 2020 2020 20
Slide 19: GENI Share Count Build
GENI Share Count Build As of Total Capitalization (shares in millions) December 31, 2021 Ordinary shares issued and outstanding 193.6 Additional Securities Management restricted shares and options 9.3 Public Warrants1 7.7 NFL Enterprises LLC vested Warrants2 11.3 NFL Enterprises LLC unvested Warrant