Genius Sports Hosts its First Virtual Investor Day; Provides Business Overview Deep Dive and Expectations for Group Adj. EBITDA Profitability in 2022 and 2023

• Announces 2022 financial outlook of approximately $340 million in Group Revenue and $15 million in Group Adj. EBITDA
• Expects 2023 Group Revenue and Group Adj. EBITDA in the range of $430 to $440 million and $40 to $50 million, respectively

Genius Sports Limited  will host its first virtual Investor Day, where the company’s management team will discuss their strategic vision, provide a deep-dive on the three product groups, and present a detailed overview of the company’s current financial position and future outlook. The event will also include sessions with customers and partners of Genius, including the National Football League, Football DataCo, Sky Betting and Gaming, a Board member appointed by Apax Partners, Chairman, David Levy and Genius executive, Steve Bornstein.

“Genius is the key link between leagues, sportsbooks, media outlets, advertisers, and ultimately, fans. Our best-in-class data collection technology is used around the clock and around the globe, powering the high-growth global sports ecosystem. It is difficult to imagine this industry operating efficiently without the mission critical data and technology solutions we provide,” said Mark Locke, GSL Co-Founder and CEO.

“We have a clear plan in place to build on this strong foundation and drive profitability for Genius Sports Group in 2022 and 2023, and I am more confident than ever in the growth opportunities ahead as we continue to expand our operations around the world.”

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Key Takeaways

During the event, management will detail how Genius will deliver near, medium, and long-term growth and profitability:

• Genius expects to achieve Group Adj. EBITDA profitability in 2022 and 2023 of $15 million and $40 to $50 million, respectively, with continued profitability growth thereafter
• The original business¹ is already delivering Adj. EBITDA margins of approximately 20%
• The US business is a key area of investment with strong growth opportunity and expected profitability by 2024 on an Adj. EBITDA basis
• Genius’ acquisition strategy has strengthened its technology platform and unlocked exciting opportunities for long-term growth and scale
• Deeply integrated partnerships position Genius at the heart of the ecosystem with strategic competitive advantages via its differentiated technology
• The NFL partnership is strategically important for Genius to create value across the entire organization

Financial Outlook

In 2022, the company expects to generate Group Revenue of approximately $340 million and Group Adj. EBITDA of approximately $15 million. In 2023, it expects Group Revenue in the range of $430 to $440 million and Group Adj. EBITDA of $40 to $50 million.

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$M	Q1	Q2	Q3	Q4 Advertisement	FY22	FY23
Group Revenue	$78	$68 Advertisement	$85	$109	$340	$430-440
Betting Technology, Content & Services Advertisement	$48	$44	$53	$71	$216 Advertisement
Sports Technology & Services	$12	$12	$12 Advertisement	$13	$49
Media Technology, Content & Services	$18 Advertisement	$12	$19	$26	$75	Advertisement
Group Adj. EBITDA	($5)	$8	$9	$3 Advertisement	$15	$40-50