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Genius Sports (GENI) investor relations material
Genius Sports M&A announcement summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Deal rationale and strategic fit
Acquisition accelerates growth in sports data, media, and advertising, creating a unified platform for monetizing fan engagement and attention across leagues, teams, and gaming.
Combines proprietary sports data with AI-driven media monetization, positioning the entity as the only scaled player across both sectors.
Expands addressable markets in iGaming and prediction markets, leveraging a diversified customer base and premium partnerships.
Legend's integration enables deeper partnerships with leagues and teams, supporting digital strategies and international expansion.
FANHub platform will connect a global audience and marketing technology with over 2,000 sports, media, and betting partners.
Financial terms and conditions
Transaction valued at up to $1.2 billion: $900 million upfront ($800 million cash, $100 million stock), plus up to $300 million earnout over two years post-closing, contingent on profitability and cash flow metrics.
Earnouts paid in equal installments on the first and second anniversaries of closing, payable in cash or stock, contingent on adjusted EBITDA and FCF conversion targets.
Funded by $850 million in secured debt/Term Loan B; pro forma leverage below 3.0x, with a clear path to rapid deleveraging by 2028.
Free cash flow conversion expected to reach 50% in 2026 and exceed 60% by 2028.
Synergies and expected cost savings
Significant revenue synergies expected from cross-selling, expanded customer base, and integration of media and data assets.
Combination expected to be immediately accretive to Group Adjusted EBITDA margins and Free Cash Flow conversion.
Modest cost synergies anticipated due to complementary business overlap.
Integration enables monetization of Legend's and partner inventory through a unified system, enhancing value for brands and agencies.
Higher performance benchmarks set for 2028, including increased revenue and EBITDA margins due to expanded scale and accelerated monetization.
- TimeTickerHeadlineOpen
- 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
Proposed $9B real estate loan portfolio acquisition highlights disciplined, long-term strategy. - 6 FebSMCI
Q2 revenue jumped 123% to $12.7B, with FY26 guidance raised to at least $40B. - 6 FebRJF
Record revenues and assets, higher dividend, and acquisitions despite lower net income. - 6 FebFFIE
Raising capital for global EV and AI expansion, with regulatory and dilution risks highlighted.
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