Genius Sports Stock Fair Value – GENIUS SPORTS Reports 29.3% Increase in Revenue for Q3 of FY 2023
November 30, 2023
☀️Earnings Overview
For the third quarter of its fiscal year 2023, GENIUS SPORTS ($NYSE:GENI) reported total revenue of USD 101.7 million – a growth of 29.3% from the same period in the previous year. Net income for the quarter was USD -11.6 million, compared to -9.0 million in the prior year.
Analysis – Genius Sports Stock Fair Value
GoodWhale recently conducted an analysis of GENIUS SPORTS‘s financials and have come to the conclusion that the fair value of GENIUS SPORTS share is around $14.3. This valuation was calculated using our proprietary Valuation Line. Currently, GENIUS SPORTS stock is being traded at $5.1, which is substantially below the fair value. This makes the stock 64.3% undervalued by market price, providing a very attractive opportunity for investors. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Genius Sports. More…
| Total Revenues | Net Income | Net Margin |
| 391.14 | -174.8 | -25.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Genius Sports. More…
| Operations | Investing | Financing |
| -7.47 | -45.81 | -0.61 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Genius Sports. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 772.2 | 194.76 | 2.76 |
Key Ratios Snapshot
Some of the financial key ratios for Genius Sports are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 43.8% | – | -20.8% |
| FCF Margin | ROE | ROA |
| -14.2% | -8.6% | -6.6% |
Peers
The company has a wide range of products and services that it offers to its clients. The company has a strong presence in the sports data and technology industry. The company has a strong competitive edge over its competitors. The company has a strong client base and a strong market share. The company is well-positioned to grow in the sports data and technology industry.
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Summary
Investors should take note of GENIUS SPORTS‘ third quarter fiscal year results for 2023, which saw a 29.3% increase in total revenue from the same period last year. Despite this impressive revenue growth, the company reported a net loss of -11.6 million for the quarter, compared to -9.0 million for the same quarter in the prior year. These results may suggest that further growth and cost management should be prioritized in the future, in order to deliver stronger profits and shareholder returns.
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