- FY20 Group revenue increased 31% year-over-year to $150m
- FY20 Group adj. EBITDA increased to $18m from ($6m)
Genius Sports Limited (NYSE:GENI) (“Genius” or “GSL” or the “Group”), the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media, today announced financial results for its fiscal 2020 fourth quarter and full year ended December 31, 2020.
“2020 was a landmark year for Genius, with outstanding performance amidst the challenges presented by the global pandemic,” said Mark Locke, GSL Co-Founder and CEO. “We have entered 2021 with great momentum, bolstered by our recently-completed merger with dMY II and NYSE listing, as well as our exclusive partnership with the NFL. I am more confident than ever about the opportunities ahead as we continue to leverage our unique technology and scale to grow alongside the rapidly expanding global sports, betting and media ecosystem.”
$ in thousands | 4Q20 | 4Q19 | % | FY20 | FY19 | % |
Group Revenue | 47,017 | 36,847 | 27.6% | 149,739 | 114,620 | 30.6% |
Betting Technology, Content & Services | 35,265 | 28,580 | 23.4% | 110,618 | 88,370 | 25.2% |
Sports Technology & Services | 4,258 | 4,333 | (1.7%) | 16,066 | 14,367 | 11.8% |
Media Technology, Content & Services | 7,494 | 3,934 | 90.5% | 23,055 | 11,883 | 94.0% |
Group Adj. EBITDA | 4,034 | (1,214) | nm | 17,510 | (6,208) | nm |
Group Adj. EBITDA Margin | 8.6% | nm | nm | 11.7% | nm | nm |
nm = not meaningful