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Genius Sports Sees FY24 Revenue ~$511M Vs $509.95M Est.; Adj. EBITDA Of ~$86M

Benzinga ·  04:24

Financial Outlook

Genius Sports expects to generate Group Revenue of approximately $511 million and Group Adjusted EBITDA of approximately $86 million in 2024. This implies year-over-year Group Revenue and Adj. EBITDA growth of 24% and 61%, respectively. Genius Sports also expects to generate positive cash flow in the full year of 2024.

$ in millions Q1 2024A Q2 2024A Q3 2024A Q4 2024E FY 2024E
Group Revenue 120 95 120 176 511
Group Adjusted EBITDA 7 21 26 32 86
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