Genius Sports Limited · NYSE:GENI
Genius Sports — Q2 2021 Earnings Presentation
18 slides from Genius Sports's earnings presentation, Sep 8, 2021
Slide 1: Second Quarter 2021 Earnings
Second Quarter 2021 Earnings September 8, 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 08/09/2021 |3
Slide 4: Business Overview & Updates
Business Overview & Updates 08/09/2021 |4
Slide 5: Second Quarter Earnings Introductory Remarks
Second Quarter Earnings Introductory Remarks 08/09/2021 |5
Slide 6: Business Highlights
Business Highlights • Second quarter group revenues up 108% year-over year to $55.8M • Second quarter Group Adj. EBITDA up 126% year-over year to $5.2M • Announced multi-year strategic partnerships with DraftKings, Caesars, WynnBET and 888 SI Sportsbook to provide our full range of official sportsbo
Slide 7: 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 189K Rights Strategy (>116K of which are exclusive) Strengthened Commercial Partnerships with NFL- related Products / Continued Expansion of Media & Engagement Strategic par
Slide 8: NFL Rights are Revolutionizing Partnerships with Sportsbooks
NFL Rights are Revolutionizing Partnerships with Sportsbooks End-to-end value creation through the customer’s revenue lifecycle Packaged Offer Leading Portfolio of Genius engages users with Live Sports Data personalized, data-driven content to the right audience at Outsourced the right time Bookmaki
Slide 9: Unrivalled Insight Powers Differentiated Fan Engagement
Unrivalled Insight Powers Differentiated Fan Engagement Proprietary to Genius Advertisers & Campaign Execution Publishers Strategic Relationships Odds Data Sports Data Audience Data Ad $ Campaigns Ad Tech Stack DMP, DSP, Ad Server, Personalization Engine • Genius operates the largest independent med
Slide 10: Empowering Customers with End-to-End Content and Engagement Tools
Empowering Customers with End-to-End Content and Engagement Tools Content Widgets CRM Live Data on Social Media Free-to-Play 08/09/2021 | 10
Slide 11: Investment in Growth Initiatives Accelerates Long-Term Strategy
Investment in Growth Initiatives Accelerates Long-Term Strategy Genius raised $238M in net primary proceeds in June, resulting in $275M of cash on the balance sheet as of June 30 Enhance our Continue developing existing sports, innovative Explore strategic Accelerate our media and betting technology
Slide 12: Financial Results
Financial Results 08/09/2021 | 12
Slide 13: Second quarter financial results
Second quarter financial results • Group Revenue increased 108% year-over-year to $55.8M • Group Adj. EBITDA increased 126% year-over-year to $5.2M Q2 2020 to Q2 2021 Revenue Bridge ($m) C $55.8 A• Return of sports calendar, increased B market share, higher share of wallet $3.7 C $7.2 A through addi
Slide 14: Tracking Towards Full-Year Financial Outlook
Tracking Towards Full-Year Financial Outlook Reiterating full year Group Revenue and Group Adj. EBITDA guidance YTD Group Revenue vs. Outlook ($M) • Strong execution in underlying business in first half of 2021. 1H 2020 Group Revenue $35 $27 $62 • Sports calendar rebounding in the second half with N
Slide 15: Q&A
Q&A 08/09/2021 | 15
Slide 16: Appendix
Appendix 08/09/2021 | 16
Slide 17: 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 June 30, Three Months Ended June 30, 2021 2020
Slide 18: GENI share count build
GENI share count build As of Total Capitalization (shares in millions) June 30, 2021 Genius ordinary shares issued and outstanding post de-SPAC1 167.9 Common shares issued in connection with acquisitions 5.6 Equity offering 13.0 Ordinary shares issued and outstanding 186.5 Additional Securities Mana