Genius Sports Limited · NYSE:GENI
Genius Sports — Q2 2022 Earnings Presentation
15 slides from Genius Sports's earnings presentation, Aug 16, 2022
Slide 1: Second Quarter 2022 Earnings
Second Quarter 2022 Earnings August 16, 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: Second Quarter Business Highlights
Second Quarter Business Highlights Second Quarter • Q2 Group Revenues increased 27% (42% constant currency) year-on-year to $71M ($75M at guidance exchange rate1 vs. $68M guidance) Results Exceeded • Q2 Group Adj. EBITDA increased 61% (80% constant currency) year-on-year to $8M ($9M at guidance exch
Slide 6: Genius Technology Empowers Meaningful Connections with Sports Fans
Genius Technology Empowers Meaningful Connections with Sports Fans Innovative free-to-play games for FIFA, MLB, MLS, and more… WINNER of The George Wensel Technical Achievement Award: NFL on CBS RomoVision Tracking data & broadcast augmentation partnership with Primeira Liga club, Benfica CFL GameZo
Slide 7: Multiple Ways to Win – EBITDA Margin Accretion Alongside Accelerated Growth
Multiple Ways to Win – EBITDA Margin Accretion Alongside Accelerated Growth 1 Handle As new states and territories launch, Genius receives immediate revenue uplift, with no need to materially increase operating expenses 2 In-Play As the proportion of in-play bets increases, Genius benefits from cont
Slide 8: Financial Results
Financial Results |8
Slide 9: Continued Execution Ahead of Expectations
Continued Execution Ahead of Expectations • Growth in Betting revenue driven by Q2 2022 Actual increased utilization of available content, expansion of value-add Q2 2022 At Guidance ($m) As Reported services and new service offerings, Guidance Exchange Rate1 and new customer acquisitions Betting Tec
Slide 10: Reaffirming Current Full-Year 2022 Financial Outlook
Reaffirming Current Full-Year 2022 Financial Outlook Stronger than expected results enable us to maintain full-year outlook despite presentational currency adjustments Current At Guidance Exchange Rate1 Outlook Q1 2022 Q2 2022 ($m) Q3 2022E Q4 2022E FY 2022E FY 2022E Actual Actual Betting Technology
Slide 11: Genius Sports
Genius ‘SPORTS
Slide 12: Appendix
Genius ‘SPORTS
Slide 13: Genius Sports Q2 P&L & Group Adjusted EBITDA Reconciliation
Genius Sports Q2 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 June 30, T
Slide 14: 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 June 30, March 31, December 31, September 30, June 30, March 31, December 31, September 30, December 31, December 31, 2022 2022 2021 2021 2021 2021 2020 2020 2021 2020 GAAP Operating Expenses Cost
Slide 15: GENI Share Count Build
GENI Share Count Build As of Total Capitalization (shares in millions) June 30, 2022 Ordinary shares issued and outstanding 199.6 Additional Securities Management restricted shares and options 5.9 Public Warrants1 7.7 NFL Enterprises LLC vested Warrants2 15.5 NFL Enterprises LLC unvested Warrants2 3