Genius Sports Limited · NYSE:GENI
Genius Sports — Q1 2021 Earnings Presentation
20 slides from Genius Sports's earnings presentation, May 20, 2021
Slide 1: First Quarter 2021 Earnings
First Quarter 2021 Earnings May 20, 2021
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 and Updates 2. Financial Results and Outlook 3. Appendix 20/05/2021 |3
Slide 4: Business Overview & Updates
Business Overview & Updates 20/05/2021 |4
Slide 5: Business highlights to start 2021
Business highlights to start 2021 • First quarter group revenues up 52% year-over year to $53.7M • First quarter group Adj. EBITDA up 414% year-over year to $9.3M • Announced six-year strategic partnership with the National Football League • Announced the acquisitions of two leading technology compa
Slide 6: Accelerating pathway to our long-term targets
Accelerating pathway to our long-term targets Number of events under official rights Accelerated Official increased 25% YoY to >185K Rights Strategy (>112K of which are exclusive) Executed and Advanced team and player statistics Launch of Ice Hockey LiveStats Expanded our Sports captured by Genius’
Slide 7: Capitalizing on U.S. market growth
Capitalizing on U.S. market growth 1 2 3 4 Strong partnerships with Revenue share model and B2B Authorized in 13 U.S. states Ad Tech capitalizes on most important leagues relationships provide upside and 3 tribal jurisdictions increased marketing spend Genius’ proprietary technology / OR AR NJ is pr
Slide 8: Cutting-edge real-time fan engagement
Cutting-edge real-time fan engagement 20/05/2021 |8
Slide 9: NFL & Genius Sports: A Revolutionary Technology Partnership
NFL & Genius Sports: A Revolutionary Technology Partnership 20/05/2021 |9
Slide 10: Driving awareness, customer acquisition, and sports betting revenue
Driving awareness, customer acquisition, and sports betting revenue; creating new fans for the NFL worldwide Genius Multiplier Effect Official Data for Global Sports Betting Market Exclusively offered by Genius; only option for a premium quality product Official Data for Global Media Market Data-dri
Slide 11: NFL partnership amplifies Genius' core growth
NFL partnership amplifies Genius’ core growth …and more Official Data and Proprietary Tech Stack Range of Player Live Live Outsourced -150 Advertising Engagement Data Solutions Streaming Bookmaking +125 Tools Comprehensive suite of services combining digital media, streaming and sports betting data
Slide 12: Second Spectrum enhances offering; opens new growth avenues
Second Spectrum enhances offering; opens new growth avenues Strategic Rationale Tracking Live Insights Video ✓ Best-in-class computer vision product and tech team ✓ Strong blue-chip client list Tracking technology allows Translating tracking data into Automated augmented video including NBA, EPL, an
Slide 13: FanHub acquisition driving next generation fan engagement
FanHub acquisition driving next generation fan engagement Strategic Rationale Technology built around 40+ international clients: Current products include: three offerings: • Rights holders • Fantasy Products ✓ FanHub's solutions will help Genius • Games • Media • Pick ‘Em deliver an end-to-end fan •
Slide 14: Financial Results & Outlook
Financial Results & Outlook 20/05/2021 | 14
Slide 15: First quarter financial results
First quarter financial results • Group Revenue increased 52% year-over-year to $53.7M • Group Adj. EBITDA increased 414% year-over-year to $9.3M Q1 2020 to Q1 2021 Revenue Bridge ($m) $53.7 A• Underlying growth in betting markets, new $1.6 customer acquisition, price escalators in C existing contra
Slide 16: 2021 revenue guidance increased to $250M-$260M
2021 revenue guidance increased to $250M-$260M Group Revenue Reforecast Bridge Group Adj. EBITDA Reforecast Bridge ($m) ($m) $0-$2 $10-$15 ($10) $0-$10 ($15) $50-$55 $250-$260 $35 ~$10-$20 $190 Prior 2021 Est. Underlying Acquisitions 1 Current 2021 Est. Prior 2021 Est. Underlying Acquisitions 1 List
Slide 17: Questions?
Questions? 20/05/2021 | 17
Slide 18: Appendix
Appendix 20/05/2021 | 18
Slide 19: Genius Sports P&L and group Adj. EBITDA reconciliation
Genius Sports P&L and group Adj. EBITDA reconciliation Condensed Consolidated Statements of Operations Reconciliation of GAAP Net loss to Adj. EBITDA (Unaudited, in thousands, except share and per share data) (Unaudited, in thousands) Three Months Ended Three Months Ended March 31, March 31, 2021 20
Slide 20: GENI share count build
GENI share count build Following the close of our business combination and two recent acquisitions, our pro forma net cash position as of March 31 is approximately $41 million. Pro Forma As of Total Capitalization (shares in millions) March 31, 2021 Shares issued to GSL shareholders1,3 100.1 dMY Pub