Genius Sports Inc celebrates its eighth consecutive quarter of growth, as its yearly revenue and earnings results surpass market expectations.

In its full-year 2023 report released today, Genius Sports announces corporate revenues of $412m, marking a 21% increase from FY2022’s comparative results of $341m. The growth in headline revenues exceeds the NYSE betting technology, media, and data group’s expected revenue guidance of $391m.

Generating record income, Genius further outperformed its corporate earnings target of $41m, as FY2023 adjusted EBITDA stood at $53m, tripling FY2022 results of $16m. Matched against tough period comparatives, Genius concluded FY2023 trading with Q4 revenue growth of $127m (Q4 2022: $105m).