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<ul>
<li>Genius Sports beats Group Revenue and Group Adjusted EBITDA guidance for the second consecutive quarter</li>
<li>Group Revenue of $71.1m ($75.0m at guidance exchange rate1 $68.0m guidance)</li>
<li>Group Net loss of $4.8m and Group Adjusted EBITDA of $8.4m ($9.0m at guidance exchange rate1 $8.0m guidance)</li>
<li>U.S. revenue nearly quadrupled year-on-year in the six months ended June 30, 2022</li>
</ul>
&nbsp;
Genius Sports Limited (NYSE:GENI) (“Genius Sports” or the “Group”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal 2022 second quarter ended June 30, 2022.
“We remain highly focused on delivering profitable growth and have executed ahead of expectations through the first half of the year. We continue to utilize our partnerships and unique technology to yield strong results and build upon our commercial strategy,” said Mark Locke, Genius Sports Co-Founder and CEO. “We have maintained steady EBITDA profitability globally and established a leading position within the U.S., all while achieving EBITDA profitability at the group level. Genius has strong momentum and we feel confident in the continued execution of our strategic plan.”
<table border="0">
<tbody>
<tr>
<td width="288">$ in thousands</td>
<td width="112">Q222</td>
<td width="112">Q221</td>
<td width="112">%</td>
<td>Constant currency %</td>
</tr>
<tr>
<td width="288">Group Revenue</td>
<td width="112">71,117</td>
<td width="112">55,849</td>
<td width="112">27.3%</td>
<td>42.0%</td>
</tr>
<tr>
<td width="288">Betting Technology, Content &amp; Services</td>
<td width="112">44,831</td>
<td width="112">40,673</td>
<td width="112">10.2%</td>
<td>22.9%</td>
</tr>
<tr>
<td width="288">Media Technology, Content &amp; Services</td>
<td width="112">14,999</td>
<td width="112">7,986</td>
<td width="112">87.8%</td>
<td>109.4%</td>
</tr>
<tr>
<td width="288">Sports Technology &amp; Services</td>
<td width="112">11,287</td>
<td width="112">7,190</td>
<td width="112">57.0%</td>
<td>75.0%</td>
</tr>
<tr>
<td width="288">Group Net loss</td>
<td width="112">(4,755)</td>
<td width="112">(464,164)</td>
<td width="112">99.0%</td>
<td>98.9%</td>
</tr>
<tr>
<td width="288">Group Net loss Margin</td>
<td width="112">nm</td>
<td width="112">nm</td>
<td width="112">nm</td>
<td>nm</td>
</tr>
<tr>
<td width="288">Group Adjusted EBITDA</td>
<td width="112">8,362</td>
<td width="112">5,191</td>
<td width="112">61.1%</td>
<td>79.6%</td>
</tr>
<tr>
<td width="288">Group Adjusted EBITDA Margin</td>
<td width="112">11.8%</td>
<td width="112">9.3%</td>
<td width="112">2.5%</td>
<td>2.5%</td>
</tr>
</tbody>
</table>
&nbsp;
<table border="0">
<tbody>
<tr>
<td width="288">$ in thousands</td>
<td width="112">1H22</td>
<td width="112">1H21</td>
<td width="112">%</td>
<td>Constant currency %</td>
</tr>
<tr>
<td width="288">Group Revenue</td>
<td width="112">157,040</td>
<td width="112">109,587</td>
<td width="112">43.3%</td>
<td>53.0%</td>
</tr>
<tr>
<td width="288">Betting Technology, Content &amp; Services</td>
<td width="112">94,552</td>
<td width="112">79,628</td>
<td width="112">18.7%</td>
<td>26.8%</td>
</tr>
<tr>
<td width="288">Media Technology, Content &amp; Services</td>
<td width="112">39,128</td>
<td width="112">17,363</td>
<td width="112">125.4%</td>
<td>140.6%</td>
</tr>
<tr>
<td width="288">Sports Technology &amp; Services</td>
<td width="112">23,360</td>
<td width="112">12,596</td>
<td width="112">85.5%</td>
<td>98.0%</td>
</tr>
<tr>
<td width="288">Group Net loss</td>
<td width="112">(44,953)</td>
<td width="112">(469,486)</td>
<td width="112">90.4%</td>
<td>89.8%</td>
</tr>
<tr>
<td width="288">Group Net loss Margin</td>
<td width="112">nm</td>
<td width="112">nm</td>
<td width="112">nm</td>
<td>nm</td>
</tr>
<tr>
<td width="288">Group Adjusted EBITDA</td>
<td width="112">5,469</td>
<td width="112">14,449</td>
<td width="112">(62.1%)</td>
<td>(59.6%)</td>
</tr>
<tr>
<td width="288">Group Adjusted EBITDA Margin</td>
<td width="112">3.5%</td>
<td width="112">13.2%</td>
<td width="112">(9.7%)</td>
<td>(9.7%)</td>
</tr>
</tbody>
</table>
&nbsp;
1 Guidance exchange rate assumes comparable GBP:USD exchange rate of 1.35 at time of initial forecast in January 2022
nm = not meaningful
<a href="https://investors.geniussports.com/news/news-details/2022/Genius-Sports-Group-Revenue-and-Adj.-EBITDA-Beats-Second-Quarter-2022-Guidance/default.aspx">See the full release here. </a>
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Genius Sports Group Revenue and Adj. EBITDA Beats Second Quarter 2022 Guidance

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