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Genius Sports Limited (GENI) is a global provider of sports data, technology, and services. The company partners with sports organizations to acquire data and streaming rights, which it uses to deliver innovative solutions to betting operators, sports leagues, and media companies. GENI sells data-driven products and services, including betting technology, media marketing solutions, and fan engagement tools.
- Betting Technology, Content and Services - Delivers official sports data for in-game and pre-match betting and provides outsourced bookmaking services through its proprietary sportsbook platform.
- Media Technology, Content and Services - Offers data-driven performance marketing technology and services, including personalized online marketing campaigns for sportsbooks, sports leagues, and global brands.
- Sports Technology and Services - Provides technology solutions for digital fan engagement products and free-to-play games.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Mark Locke ExecutiveBoard | Chief Executive Officer | Member of Board of Directors of Genius Sports Group Limited since July 2015 | Mark Locke is the Co-Founder and Chief Executive Officer of Genius Sports Limited, serving since its inception while launching BetGenius in 2000 and creating Genius Sports Group in 2015. | View Report → |
Jack Davison Executive | Chief Commercial Officer | Jack Davison is the Chief Commercial Officer at Genius Sports Group since July 2017. He previously served as Managing Director and Chief Commercial Officer at BetGenius starting in July 2012. | ||
Nicholas Taylor Executive | Chief Financial Officer | Nicholas Taylor is the CFO of Genius Sports Limited since December 2020 and of Genius Sports Group since October 2019. He has extensive experience in finance, previously serving in senior roles including CFO at Wagamama. | ||
Tom Russell Executive | Chief Legal Officer | Tom Russell has served as the Chief Legal Officer of Genius Sports Group since April 2020, after serving as General Counsel from 2014 until April 2020. He has an extensive background in legal roles within the sports, media, gaming, and entertainment industries. | ||
Claire Nooriala Board | Director | Non-Executive for Howabout; Trustee for Founders4Schools | Claire Nooriala has been serving as a Director at GENI since June 2024, bringing over 23 years of experience in tech and media industries with previous leadership roles at Snap Inc. and Facebook. | |
Daniel Burns Board | Board Member and Chair of the Nominating and Corporate Governance Committee | Founder and Managing Partner of Oakvale Capital; Owner of Carbon Group Limited; Non-Executive Director of BOTB PLC | Daniel Burns has served on the board of Genius Sports since 2015 and currently chairs the Nominating and Corporate Governance Committee at the company. He brings extensive industry expertise from his roles as Founder and Managing Partner of Oakvale Capital, Owner of Carbon Group Limited, and Non-Executive Director of BOTB PLC. | |
Kenneth J. Kay Board | Chair of the Board of Directors | Managing Partner at Kay Investments ; Managing Director at Raven LLC ; Member of the Board and Chair of the Compensation Committee at Summit Hotel Properties, Inc. | Kenneth J. Kay has extensive experience in finance and corporate governance, having been appointed as an Independent Director on March 8, 2023 and as Chair of the Board of Directors in June 2024. He previously served as CFO for several major companies, demonstrating his deep operational and financial expertise. | |
Kimberly Bradley Board | Director | Advisor at EQT Group; Advisor at CoachList | Kimberly Bradley has been a Director on GENI's Board of Directors since July 2021. She also serves as Chair of the Audit Committee since December 12, 2023 and has over two decades of executive leadership experience, including roles as CFO at the NFL and EVP & CFO at Warner Bros. Entertainment. | |
Robert Bach Board | Independent Director | Board member at Sonos Inc.; Advisory board member at Brooks Running Company; Board member at U.S. Olympic and Paralympic Committee; Board member at Magic Leap | Robert Bach, also known as Robbie Bach, has been serving as an Independent Director at GENI since October 1, 2024. Previously, he held key leadership roles at Microsoft, including President of the Entertainment and Devices Division. |
- Media Tech's growth in Q4 was below expectations and lagged behind other segments; what specific strategies are you implementing to accelerate growth in this segment, and how confident are you that it will meet or exceed company averages in the upcoming quarters?
- With potential regulatory and tax changes impacting sports betting markets globally, particularly in key regions like the U.S. and Colombia, how do you plan to mitigate these risks, and what impact do you anticipate on your future revenues and profitability?
- Given the recent contract renewals involving higher pricing with major sportsbook customers, how are you balancing the need for revenue growth with the risk of operators pushing back or seeking alternative solutions, and what measures are in place to maintain strong relationships with these key customers?
- As you consider opportunistic M&A to unlock the next phase of growth, can you provide more clarity on the types of acquisitions you are targeting, and how you ensure these deals will be immediately cash accretive without compromising your long-term strategic objectives?
- Despite promising engagement metrics for BetVision, you've indicated caution in forecasting its revenue impact; what are the main challenges in monetizing BetVision more significantly, and how confident are you that it will become a substantial revenue driver in the near term given the competitive landscape?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Second Spectrum | 2021 | Acquired on June 15, 2021, with ongoing adjustments in 2023 where Genius Sports issued 1,677,920 additional ordinary shares to the sellers as per the business combination agreement. The deal included contingent consideration whose fair value was remeasured throughout 2023—starting at $10.73M on January 1, reducing by $8.44M upon share issuance, and incurring losses of $2.4M to $2.8M across Q1 to Q3, ending at $4.723M. |
Recent press releases and 8-K filings for GENI.
- Q1 2025 Financial Performance: Group revenue increased 20% to $144m, Adjusted EBITDA surged nearly 188% to ~$20m with an 800bps margin expansion, and net loss narrowed to $8.2m from $25.5m .
- Strategic Partnerships: Extended the NCAA partnership through 2032 to secure exclusive data rights for March Madness and postseason tournaments, positioning the company for future monetization .
- Product & Technology Innovation: Launched BetVision for Soccer, introduced SAOT for the English Premier League, and rolled out advanced tools like Performance Studio and Data Zone to boost sports analytics capabilities .
- Share Repurchase Program: Announced a share buyback program of up to $100m as part of its capital allocation strategy .
- FY2025 Guidance: Reaffirmed robust targets with projected FY2025 revenue of $620m and $125m Adjusted EBITDA, along with guidance for 21% revenue growth and a 20% EBITDA margin .
- Q4 2024 Revenue: Achieved Group Revenue of $176m (38% increase) with core revenue of $160.4m .
- Q4 Adjusted EBITDA: Recorded between $29.5M–$32M with margin expansion of 900 basis points to 18.4% .
- Full-Year Performance: Delivered Group Revenue of $511m and Adjusted EBITDA of $86m .
- Positive Cash Flow: Generated $82M in operating cash flow for 2024, including $31.2M in Q4 and a year-end net cash balance of $135M .
- Net Loss Improvement: Narrowed Q4 net loss to $(25.3)M from $(32.2)M YoY .
- FY25 Guidance: Targets $620M in revenue and $125M in adjusted EBITDA fueled by ongoing product rollouts and strategic investments .
- Segment Strength: Notable performance in key areas including Betting and Media .
- Genius Sports Limited entered into an underwriting agreement on January 14, 2025, with BTIG and other underwriters for a public offering of 17,647,059 ordinary shares, as detailed in the explanatory note.
- The shares were set at a public offering price of $8.50 per share, with the underwriters purchasing them at $8.16 per share, resulting in net proceeds of approximately $144 million after expenses.