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Dec 31, 2024
Genius Sports Q4 2024 Earnings Report
Genius Sports reported strong Q4 2024 results with significant revenue growth and improved profitability metrics.
Key Takeaways
Genius Sports delivered a solid Q4 2024 performance, with revenue growing by 38% year-over-year to $175.5 million. The company reduced its net loss to $28.2 million and achieved a 171% increase in Adjusted EBITDA, reaching $32.4 million. Growth was primarily driven by the Betting Technology, Content & Services segment, which expanded by 48%. The company also provided an optimistic outlook for 2025, projecting 21% revenue growth and a 20% Adjusted EBITDA margin.
Revenue increased 38% year-over-year to $175.5 million.
Net loss improved by 27% to $28.2 million.
Adjusted EBITDA surged 171% to $32.4 million.
Betting Technology, Content & Services revenue grew by 48%.
Revenue by Segment
Forward Guidance
Genius Sports expects to achieve 21% revenue growth and a 20% Adjusted EBITDA margin in 2025, driven by continued expansion in betting and media technologies.
Positive Outlook
- Projected 21% revenue growth in 2025.
- Expected Adjusted EBITDA of $125 million.
- Increased investment in AI and data analytics.
- Expansion in North America and Europe.
- Continued demand for betting technology solutions.
Challenges Ahead
- Macroeconomic uncertainties may impact revenue.
- Higher costs due to expansion efforts.
- Potential regulatory risks in the betting industry.
- Foreign exchange volatility may affect profitability.
- Increased competition in the sports data market.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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