- Group Revenue of $176m in Q4 and $511m in the full year 2024, increasing 38% and 24% year-over-year, respectively
- Group Net Loss of $28m in Q4 and $63m in the full-year 2024, representing a year-over-year improvement of 27% and 26%, respectively
- Group Adj. EBITDA of $32m in Q4 and $86m in the full year 2024, increasing 171% and 61% year-over-year, respectively
- Group Adj. EBITDA Margin of 18.4% in Q4 and 16.8% in the full year 2024, representing year-over-year margin expansion of 900bps and 390bps, respectively
- Year-end cash, cash equivalents and restricted cash of $135m, a $9m increase from the prior year-end
- $82m of cash flow from operating activities in the full year 2024, a 5.5x increase from the prior year
- Expecting Group Revenue of $620m, Group Adj. EBITDA of $125m, and increased annual cash flow in 2025
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 fourth quarter and full year ended December 31, 2024.
“2024 was a defining year for commercial execution, with the renewal of key contracts and reinforcement of our solid infrastructure that lays the foundation for sustainable growth and profitability over the next several years,” said Mark Locke, Genius Sports Co-Founder and CEO. “We have consistently exceeded expectations, bolstered our technology advantage, and strengthened our balance sheet, now positioning Genius Sports for continued success in 2025 and a clear path to achieve greater scale.”
