By Genius Sports Press 
- Delivered Group Revenue of $84.0m in Q4 2021, increasing 79% year-over-year
- FY 2021 Group Revenue increased 75% year-over-year to $262.7m
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 2021 fourth quarter and full year ended December 31, 2021.
“2021 was a transformational year that saw Genius form innovative new relationships with leagues, sportsbooks and brands alike, which allowed us to deliver record group revenue in the fourth quarter,” said Mark Locke, GSL Co-Founder and CEO. “We are confident that 2022 will be another strong and profitable year as we capitalize on the growth opportunities ahead and continue to expand our services around the world.”
|
$ in thousands |
Q421 |
Q420 |
% |
FY21 |
FY20 |
% |
|
Group Revenue |
84,012 |
47,017 |
78.7% |
262,735 |
149,739 |
75.5% |
|
Betting Technology, Content & Services |
53,929 |
35,265 |
52.9% |
177,201 |
110,618 |
60.2% |
|
Media Technology, Content & Services |
17,051 |
7,494 |
127.5% |
48,312 |
23,055 |
109.6% |
|
Sports Technology & Services |
13,032 |
4,258 |
206.1% |
37,222 |
16,066 |
131.7% |
|
Group Adjusted EBITDA |
(12,507) |
4,034 |
nm |
1,550 |
17,510 |
(91.1%) |
|
Group Adjusted EBITDA Margin |
nm |
8.6% |
nm |
0.6% |
11.7% |
(11.1%) |
nm = not meaningful