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Genius Sports Q1 2025 Earnings Report
Genius Sports reported a significant increase in revenue and Adjusted EBITDA for the first quarter of 2025, alongside a substantial reduction in net loss.
Key Takeaways
Genius Sports announced strong financial results for Q1 2025, with Group Revenue increasing by 20% year-over-year to $144.0 million and Group Adjusted EBITDA nearly tripling to $19.8 million. The company also significantly reduced its net loss to ($8.2 million) from ($25.5 million) in the prior year.
Group Revenue increased 20% year-over-year to $144.0 million.
Group Adjusted EBITDA nearly tripled, increasing by 188% year-over-year to $19.8 million.
Net Loss significantly reduced to ($8.2 million) from ($25.5 million) in Q1 2024.
The Board of Directors authorized a share repurchase program of up to $100 million.
Genius Sports
Genius Sports
Genius Sports Revenue by Segment
Revenue by Segment
Betting Technology, Content & Services Revenue
CapyFin.comMedia Technology, Content & Services Revenue
CapyFin.comSports Technology & Services Revenue
CapyFin.com Forward Guidance
Genius Sports maintains a positive outlook for 2025, expecting continued growth in revenue and Adjusted EBITDA, along with increased positive annual cash flow.
Positive Outlook
- Expects Group Revenue of approximately $620 million in 2025, implying 21% year-over-year growth.
- Expects Group Adjusted EBITDA of approximately $125 million in 2025, implying 46% year-over-year growth.
- Anticipates increasing its positive annual cash flow in the full year of 2025.
- Confidence in delivering sustainable growth, profitability, and cash flow in 2025 and beyond due to a largely fixed cost base and durable growth drivers.
- The share repurchase program reflects confidence in long-term profitability and cash flow outlook.
Challenges Ahead
- Forward-looking statements are subject to significant risks and uncertainties.
- Actual financial results may differ materially from expectations due to various factors.
- Reliance on relationships with sports organizations and potential loss or failure to renew/expand existing relationships.
- Risks related to fraud, corruption, or negligence in sports events or by employees/statisticians.
- Exposure to changes in domestic and foreign laws, regulations, data protection, privacy laws, and pending litigation.
Revenue & Expenses
Visualization of income flow from segment revenue to net income