Genius Sports Ltd

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $28.0m $35.0m $59.4m $68.5m $77.3m $72.6m $70.5m
Amortization of contract costs $231k $538k $808k $862k $1.0m $1.3m $1.4m
Deferred income taxes ($5.5m) $1.3m ($13.4m) ($113k) ($444k) ($2.7m) ($7.1m)
Loss on lease abandonment and impairment $195k
Non-cash interest expense, net $6.4m $6.8m $2.4m $689k $258k $1.5m
Gain from equity method investment ($3.4m) ($3.1m) ($3.7m) ($3.7m)
Operating lease liabilities ($6.4m) ($3.7m) ($4.7m) ($3.3m)
Distributions from equity method investments ($7.9m) $1.6m $1.6m $2.8m
Net loss ($40.2m) ($30.3m) ($592.8m) ($181.6m) ($85.5m) ($63.0m) ($111.6m)
(Gain) loss on disposal of assets $7k $8k $46k $292k $291k $147k ($33k)
(Gain) loss on fair value remeasurement of contingent consideration $0 ($271k) $19.4m ($218k) $2.9m ($1.0m) $0
Stock-based compensation $489.5m $89.8m $35.3m $54.5m $148.5m
Change in fair value of derivative warrant liabilities $0 $0 $11.4m ($10.1m) $534k $0 $0
Non-cash consideration, net ($426k) ($684k) ($2.3m) ($2.5m)
Non-cash lease expense $6.0m $3.9m $4.6m $4.9m
Allowance for expected credit losses $462k $1.5m $2.2m $2.5m $1.6m $1.9m
Loss on abandonment of assets $0 $11.2m $0 $0
(Gain) loss on foreign currency remeasurement $2.0m $464k $192k $5.6m ($5.6m) $9.2m ($33.3m)
Effect of business combinations ($22.4m) ($4.4m)
Accounts receivable ($7.4m) ($5.0m) ($24.3m) $8.4m ($33.2m) ($15.9m) ($44.3m)
Contract assets ($1.9m) ($4.0m) ($11.9m) ($19.5m) $1.6m $8.2m ($26.7m)
Prepaid expenses ($537k) ($749k) ($20.6m) ($7.1m) ($8.6m) ($101k) ($30.9m)
Other current assets ($1.7m) ($6.7m) $3.4m $5.0m $1.2m ($754k) ($6.0m)
Other assets ($4.4m) $2.3m ($1.7m) ($2.1m) ($1.5m) ($1.0m) ($1.5m)
Accounts payable $7.1m ($3.4m) $9.6m $15.7m $22.1m ($20.7m) $75.6m
Accrued expenses $10.2m $11.9m $20.9m $7.1m ($3.5m) $22.8m $31.3m
Deferred revenue $8.6m $9.0m $4.0m $14.9m $906k $27.6m $23.7m
Other current liabilities $1.2m $520k $2.2m $12.5m ($1.9m) ($4.7m) $2.0m
Other liabilities $375k ($401k) $557k ($10.2m) $916k
Purchases of property and equipment ($3.2m) ($1.5m) ($6.4m) ($6.0m) ($3.6m) ($11.4m) ($21.9m)
Capitalization of internally developed software costs ($20.8m) ($15.9m) ($26.9m) ($41.4m) ($44.2m) ($52.0m) ($57.0m)
Purchases of intangible assets ($279k) ($1.4m) ($25k) ($196k) ($1.4m) ($2.1m)
Proceeds from disposal of assets $99k $51k $176k $770k $18k $10k $40k
Proceeds from issuance of common shares, net of equity issuance costs $79k $144.0m
Repayment of loans and mortgage ($21k) ($21k) ($97.0m) ($21k) ($21k) ($22k) ($21k)
Proceeds from exercise of Public Warrants $17.6m $6.8m
Repayment of promissory notes ($7.4m) ($7.6m)
Acquisition of common shares by subsidiary in connection with warrant redemptions $17.7m
Net cash provided by operating activities $2.5m $17.1m ($63.3m) ($3.5m) $14.9m $81.9m $86.4m
Acquisition of business, net of cash acquired ($470k) ($3.9m) ($103.9m) ($20k) $0 ($14.8m)
Net cash used in investing activities ($24.6m) ($22.7m) ($132.3m) ($54.8m) ($47.6m) ($62.7m) ($92.9m)
Issuance of common stock in connection with business combinations $17.5m $10.2m
Net cash provided by (used in) financing activities $6.9m $10.1m $410.4m ($21k) ($596k) ($7.6m) $144.0m
Effect of exchange rate changes on cash, cash equivalents and restricted cash ($960k) ($4.1m) ($5.1m) $63k ($2.1m) $7.9m
Net increase (decrease) in cash, cash equivalents and restricted cash $3.6m $210.6m ($63.4m) ($33.2m) $9.4m $145.3m
Cash, cash equivalents and restricted cash at beginning of period $11.8m $222.4m $159.0m $125.8m $135.2m $280.6m
Cash paid during the period for interest $400k $1.0m $887k $798k $8k $1.2m $4.0m
Cash paid during the period for income taxes $876k $891k $3.5m $2.1m $4.5m $2.5m $4.6m