Earnings release
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● ● G Genius SPORTS Genius Sports Reports Strong Second Quarter 2021 Results Q2 revenue more than doubled year - over - year to $ 55.8m Second quarter Group Adj . EBITDA up 126 % year - over year to $ 5.2m Enhanced our technological capabilities with the acquisitions of Spirable , Second Spectrum and FanHub , supporting improved long - term customer traction Announced multi - year strategic partnerships with DraftKings , Caesars , WynnBET and 888 SI Sportsbook to provide our full range of official sportsbook data and content and fan engagement solutions , including a complete suite of NFL - related products Raised $ 435 million of primary and secondary proceeds in an upsized public offering Tightening 2021 Group Revenue guidance at the high end of the previous range from $ 250 $ 260m to $ 255- $ 260m and reaffirming Group Adj . EBITDA guidance of $ 10- $ 20m LONDON & NEW YORK , September 8 , 2021 - Genius Sports Limited ( NYSE : GENI ) ( " Genius " or " GSL " ) , 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 second quarter ended June 30 , 2021 . $ in thousands Group Revenue " We're enormously proud of our continued execution in the second quarter and our ability to implement our end - to - end solutions on behalf of our industry partners , " said Mark Locke , GSL Co Founder and CEO . " We continue to significantly expand our leading portfolio of official rights by partnering with sports leagues and federations in key regions across the globe . Our comprehensive suite of premium content , technology services and fan engagement solutions have strengthened our commercial partnerships . Our recently announced NFL - related agreements with sportsbook operators have validated our strategy and instilled confidence in our ability to deliver results at the high end of our previous guidance for the year . " Betting Technology , Content & Services Sports Technology & Services Media Technology , Content & Services Group Adj . EBITDA Group Adj . EBITDA Margin Q221 55,849 40,673 7,190 7,986 5,191 9.3 % Q220 % 1H21 1H20 108.4 % 109,587 62,166 26,797 18,352 121.6 % 79,628 45,774 3,506 105.1 % 12,596 7,323 4,939 61.7 % 17,363 9,069 2,292 126.5 % 14,449 4,093 8.6 % 0.7 % 13.2 % 6.6 % % 76.3 % 74.0 % 72.0 % 91.5 % 253.0 % 6.6 %