Genius Sports Group Revenue and Adj. EBITDA Beats Second Quarter 2022 Guidance
2 minutos de lectura
(London & New York).- Genius Sports Limited, the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, announced financial results for its fiscal 2022 second quarter ended June 30, 2022.
“We remain highly focused on delivering profitable growth and have executed ahead of expectations through the first half of the year. We continue to utilize our partnerships and unique technology to yield strong results and build upon our commercial strategy,” said Mark Locke, Genius Sports Co-Founder and CEO. “We have maintained steady EBITDA profitability globally and established a leading position within the U.S., all while achieving EBITDA profitability at the group level. Genius has strong momentum and we feel confident in the continued execution of our strategic plan.”
$ in thousands | Q222 | Q221 | % | Constant currency % |
Group Revenue | 71,117 | 55,849 | 27.3% | 42.0% |
Betting Technology, Content & Services | 44,831 | 40,673 | 10.2% | 22.9% |
Media Technology, Content & Services | 14,999 | 7,986 | 87.8% | 109.4% |
Sports Technology & Services | 11,287 | 7,190 | 57.0% | 75.0% |
Group Net loss | (4,755) | (464,164) | 99.0% | 98.9% |
Group Net loss Margin | nm | nm | nm | nm |
Group Adjusted EBITDA | 8,362 | 5,191 | 61.1% | 79.6% |
Group Adjusted EBITDA Margin | 11.8% | 9.3% | 2.5% | 2.5% |
$ in thousands | 1H22 | 1H21 | % | Constant currency % |
Group Revenue | 157,040 | 109,587 | 43.3% | 53.0% |
Betting Technology, Content & Services | 94,552 | 79,628 | 18.7% | 26.8% |
Media Technology, Content & Services | 39,128 | 17,363 | 125.4% | 140.6% |
Sports Technology & Services | 23,360 | 12,596 | 85.5% | 98.0% |
Group Net loss | (44,953) | (469,486) | 90.4% | 89.8% |
Group Net loss Margin | nm | nm | nm | nm |
Group Adjusted EBITDA | 5,469 | 14,449 | (62.1%) | (59.6%) |
Group Adjusted EBITDA Margin | 3.5% | 13.2% | (9.7%) | (9.7%) |
1 Guidance exchange rate assumes comparable GBP:USD exchange rate of 1.35 at time of initial forecast in January 2022
nm = not meaningful
Categoría:Gaming
Tags: Sin tags
País: United Kingdom
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