Genius Sports (GENI)

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PLAYERSTV AND GENIUS SPORTS PARTNER TO CO-HOST NEWFRONT IN NEW YORK ON MAY 8
Prnewswire· 2025-05-05 19:43
Event will preview tech-infused PlayersTV+ athlete content distribution platform, FANHub Activation Platform, and Augmented Ads Partnership will enable media buyers to precisely target PlayersTV viewers at scale, including fans of elite athletes from a wide range of sports, globally PlayersTV will reveal six new original shows from star athletes NEW YORK, May 5, 2025 /PRNewswire/ -- PlayersTV, the premier destination for athlete media, today announced it will host its 2025 NewFront on May 8, 2025, in New ...
Genius Sports Limited (GENI) Moves 6.1% Higher: Will This Strength Last?
ZACKS· 2025-03-25 15:05
Genius Sports Limited (GENI) shares rallied 6.1% in the last trading session to close at $11.04. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 14.4% gain over the past four weeks.Genius Sports Limited is benefiting from strong revenue growth, successful contract renewals, and the expansion of its innovative products like BetVision and AI-driven technology platforms.This company is expected to post quarterly ...
Genius Sports (GENI) - 2024 Q4 - Annual Report
2025-03-14 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF ...
Genius Sports (GENI) - 2024 Q4 - Earnings Call Transcript
2025-03-04 22:40
Financial Data and Key Metrics Changes - The company reported a year-on-year group revenue growth of 38% in Q4 to $176 million, bringing the full year group revenue to $511 million, representing a 24% growth for the year [7][40] - Group adjusted EBITDA increased by over 2.5% year-on-year to $32 million in Q4, with a full year EBITDA of $86 million, also in line with guidance [8][40] - The company achieved a year-end net cash balance of $135 million, a $9 million increase year-on-year, marking a critical inflection point with expectations for increased annual cash flows going forward [10][43] Business Line Data and Key Metrics Changes - Betting revenue increased by 48% year-on-year in Q4, representing nearly three-quarters of group revenue for the quarter [35][41] - Media revenue surpassed $100 million for the first time, with a 15% increase for the year, marking consistent double-digit growth since the company went public [38][40] - Sports revenue increased by 47% year-on-year in Q4, driven by monetization of products built on GeniusIQ technology [39][40] Market Data and Key Metrics Changes - U.S. revenue increased by 51% year-on-year, primarily due to successful contract renewals with major sportsbooks [20][36] - European revenue grew by 26% year-on-year in Q4, while the Americas saw a 33% increase [40] - The Rest of the World segment increased by 44%, indicating strong well-balanced revenue growth globally [40] Company Strategy and Development Direction - The company aims to maintain a strong balance sheet and predictable cash-generative business model to support additional growth and scale, with a focus on technology and product development [11][12] - The company is positioned as a natural consolidator in the fragmented sports technology industry, looking for opportunistic M&A that is margin and cash accretive [14][15] - The strategic rollout of products like BetVision is expected to drive engagement and revenue growth across various sports [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving $620 million in group revenue and $125 million in group EBITDA for 2025, representing over 20% growth [11][44] - The company highlighted the resilience of its business model, which is less exposed to volatility in bookmaker performance due to multiple growth drivers [19][132] - Management noted that the NFL's increasing popularity in Europe presents significant growth opportunities, particularly with more games expected in London [55][56] Other Important Information - The company reported its first year of positive net cash flow, generating $82 million of operating cash flow in 2024, up from $15 million in 2023 [9][43] - The gross margin increased from 16.7% in 2023 to 25.2% in 2024, marking the highest annual gross margin since the company's public listing [42] Q&A Session Summary Question: Expectations for Media Tech growth into '25 and '26 - Management expects continued growth in Sports Tech, driven by strategic deals with European soccer leagues, and emphasizes its importance as an enabler for the business [48][49] Question: Impact of NFL's potential 18-game schedule on European expansion - Management noted the NFL's growing popularity in Europe, with significant attendance and engagement, indicating a positive outlook for betting on NFL games [55][56] Question: Seasonality considerations for 2025 - Management anticipates strong growth in the first half of 2025, particularly in betting, while expecting stronger media growth in the latter half of the year [60][61] Question: Priorities for management in 2025 - Focus areas include operational execution, product delivery, and leveraging a refreshed senior management team to drive growth [66][70] Question: Capital raise and M&A strategy - Management is looking for cash accretive tuck-in acquisitions that align with long-term strategic objectives, emphasizing discipline in capital allocation [74][76] Question: Dollar-based net retention and pricing impact - Management indicated that strong dollar-based net retention is driven by contract renegotiations, new products, and increased pricing [87][88] Question: Feedback on FanHub product - Early feedback on FanHub is positive, with expectations for significant upside as the product is rolled out [90][95] Question: In-play betting growth and operator enthusiasm - Management noted a shift towards in-play betting, with operators focusing on unlocking its growth potential [99][101] Question: Tax proposals impact on business - Management expressed confidence in the resilience of the business model against regulatory changes, highlighting diverse revenue streams [128][129] Question: In-play adoption and pricing impact - Management confirmed that in-play adoption met expectations, supported by minimum revenue guarantees in contracts [132][134]
Genius Sports Limited (GENI) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-03-04 14:20
Genius Sports Limited (GENI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -175%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced a loss of $0.02, delivering no surprise.Over the last four quarters, the company has not been able to surpa ...
Genius Sports (GENI) - 2024 Q4 - Earnings Call Presentation
2025-03-04 13:30
Fourth Quarter 2024 Earnings March 4, 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve significant risks and uncertainties. All statements other than statements of historical facts are forward-looking statements. These forward-looking statements include information about our possible or assumed future results of ...
3 Red-Hot Stocks to Acquire From a Prospering Internet Industry
ZACKS· 2025-02-25 19:10
Core Viewpoint - The Zacks Internet - Content industry is experiencing growth driven by strong demand for digital offerings, video content, and cloud-based applications, despite facing challenges from macroeconomic conditions and regulatory pressures [1][4][5]. Industry Overview - The industry includes providers of video encoding platforms, Internet content, staffing services, and online travel companies, with advertising as a major revenue source [2]. - Companies are expanding their digital presence across social media, display, connected TV, and search to attract customers [2]. Trends Influencing the Industry - There is a growing demand for digital offerings, with rapid technological changes and an expanding range of mobile and cloud-based services driving growth [3]. - Marketing efforts are focused on increasing website traffic, with advertising and subscriptions being key revenue sources [4]. Regulatory Environment - Increased regulatory pressures, particularly in China and the EU, are impacting industry participants, with regulations affecting direct advertising and data protection [5]. Industry Ranking and Performance - The Zacks Internet - Content industry holds a Zacks Industry Rank of 56, placing it in the top 23% of over 250 Zacks industries, indicating positive near-term prospects [6][7]. - The industry has underperformed compared to the S&P 500 and the broader technology sector, returning 21.6% over the past year compared to 33.4% and 38.4% respectively [10]. Valuation Metrics - The industry is currently trading at a trailing 12-month price-to-sales ratio of 32.14X, significantly higher than the S&P 500's 5.27X and the sector's 7.72X [11]. Company Highlights - **Shutterstock (SSTK)**: Benefiting from strong demand for AI-generated content and the Envato acquisition, with a consensus estimate for 2025 earnings at $4.84 per share [13][14]. - **RELX**: Gaining from demand for Financial Crime Compliance and Digital Fraud Solutions, with a 4.3% increase in the consensus estimate for 2025 earnings to $1.68 per share [16][17]. - **Genius Sports (GENI)**: Secured commercial terms with major U.S. sportsbooks, maintaining a consensus estimate for 2025 earnings at 1 cent per share [19].
Genius Metals Changes Its Name to “Morocco Strategic Minerals Corporation”
GlobeNewswire· 2025-01-29 13:21
MONTRÉAL, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Genius Metals Inc. (TSXV: GENI) (the “Company”) held its annual and special meeting of shareholders on January 16th, 2025 (the "Meeting"). The Company is pleased to announce that shareholders representing more than 99% of votes cast approved a special resolution authorizing the Company to amend its articles to change its name to "Morocco Strategic Minerals Corporation" and "Corporation de minéraux stratégiques du Maroc" as its French name. The common shares of the ...
Genius Metals Inc. Completes a Second Tranche of a Non-Brokered Private Placement and Signs a Marketing Agreement
GlobeNewswire· 2025-01-24 13:54
Private Placement Details - Genius Metals Inc completed the second tranche of its non-brokered private placement, issuing 3,087,500 units for additional gross proceeds of $247,000 [1] - In total, the company raised $947,000 and issued 11,837,500 units under the private placement [2] - Each unit consists of one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.12 for 24 months [2] Use of Proceeds and Securities Information - The net proceeds from the offering will be allocated towards the development of the company's portfolio in Québec and Morocco, as well as for general working capital purposes [4] - All securities issued are subject to a statutory hold period of four months and one day from the date of issuance, and the offering remains subject to final approval from the TSX Venture Exchange [3] Digital Marketing Agreement - Genius Metals entered into a Digital Marketing Services Agreement with Senergy Communications Capital Inc, covering services such as digital advertising, social media marketing, and shareholder communications [6] - The agreement spans four months from January 1 to April 30, 2025, with a payment of C$40,000 plus GST for the services [6] Company Overview - Genius Metals is a Canadian mineral exploration company focused on acquiring, exploring, and developing natural resource properties in Morocco and Canada [7]
All You Need to Know About Genius Sports Limited (GENI) Rating Upgrade to Buy
ZACKS· 2025-01-20 18:01
Core Viewpoint - Genius Sports Limited (GENI) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to institutional investors adjusting their valuations, resulting in stock price movements due to large transactions [4]. Recent Performance and Outlook - For the fiscal year ending December 2024, Genius Sports Limited is projected to earn -$0.10 per share, reflecting a 69.7% change from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Genius Sports Limited has increased by 113.3%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - The upgrade to Zacks Rank 2 places Genius Sports Limited in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].