Genius Sports Reports Revenue and Adj. EBITDA Ahead of Guidance Through First Three Quarters of 2022
⏱ 1 min read
(London).- 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 third quarter ended September 30, 2022.
“We are pleased to deliver another quarter of growth and Group Adj. EBITDA profitability, and we remain on target to achieve our full-year goals set on our Investor Day at the start of 2022,” said Mark Locke, Genius Sports Co-Founder and CEO. “This year has been characterized by strong execution as we continue to deploy innovative technology, win new customers, and strengthen our key partnerships across the sports, betting, media, and broadcasting ecosystem, all with an eye towards cost discipline and profitable growth.”
$ in thousands | Q322 | Q321 | % | Constant currency % |
Group Revenue | 78,650 | 69,136 | 13.8% | 27.8% |
Betting Technology, Content & Services | 49,156 | 43,644 | 12.6% | 29.6% |
Media Technology, Content & Services | 17,931 | 13,898 | 29.0% | 41.0% |
Sports Technology & Services | 11,563 | 11,594 | (0.3%) | 6.1% |
Group Net loss | (8,967) | (69,977) | 87.2% | 86.4% |
Group Net loss Margin | nm | nm | nm | nm |
Group Adjusted EBITDA | 7,658 | (392) | 2,053.6% | 452.3% |
Group Adjusted EBITDA Margin | 9.7% | nm | nm | 2.5% |
$ in thousands | YTD22 | YTD21 | % | Constant currency % |
Group Revenue | 235,690 | 178,723 | 31.9% | 42.6% |
Betting Technology, Content & Services | 143,708 | 123,272 | 16.6% | 27.4% |
Media Technology, Content & Services | 57,059 | 31,261 | 82.5% | 92.6% |
Sports Technology & Services | 34,923 | 24,190 | 44.4% | 52.2% |
Group Net loss | (53,920) | (539,463) | 90.0% | 89.9% |
Group Net loss Margin | nm | nm | nm | nm |
Group Adjusted EBITDA | 13,127 | 14,057 | (6.6%) | 18.6% |
Group Adjusted EBITDA Margin | 5.6% | 7.9% | (2.3%) | (1.1%) |
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:Sportsbook
Tags: Sin tags
País: United Kingdom
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