Genius Sports reports revenue of $341m for FY2022, up 41%

Genius Sports has reported total revenue of $341m for the year ended 31 December 2022, up 41% year-on-year.   The company also reported adjusted EBITDA of $16m, exceeding its annual guidance by $1m.   The operator’s US revenue also grew 60% year-on-year, which the company attributes to continued market liberalisation. Genius also hopes to generate positive free cash flow in the second half of 2023.   Despite these ma...