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Dec 31, 2021
Rush Street Q4 2021 Earnings Report
Announced fourth quarter and full year 2021 results, with Q4 revenue up 31% year-over-year.
Key Takeaways
Rush Street Interactive reported a revenue of $130.6 million for the fourth quarter of 2021, a 31% increase compared to the same period in 2020. The company's net loss was $38.1 million, and adjusted EBITDA was a loss of $31.2 million. They are initiating full year 2022 revenue guidance of between $580 and $630 Million.
Revenue was $130.6 million during the fourth quarter of 2021, an increase of 31% year-over-year.
Net loss was $38.1 million during the fourth quarter of 2021, compared to a net loss of $41.6 million during the fourth quarter of 2020.
Adjusted advertising and promotions expense was $64.0 million during the fourth quarter of 2021, compared to $23.1 million during the fourth quarter of 2020.
Real-Money Monthly Active Users in the United States for the fourth quarter of 2021 were up 28% year-over-year with average revenue per MAU of $327 during the fourth quarter of 2021.
Rush Street
Rush Street
Forward Guidance
RSI expects revenues for the full year ending December 31, 2022 to be between $580 and $630 million.