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Genius Sports (Genius Sports) Gross Profit : $69.0 Mil (TTM As of Dec. 2023)


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What is Genius Sports Gross Profit?

Genius Sports's gross profit for the three months ended in Dec. 2023 was $10.5 Mil. Genius Sports's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $69.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Genius Sports's gross profit for the three months ended in Dec. 2023 was $10.5 Mil. Genius Sports's Revenue for the three months ended in Dec. 2023 was $127.2 Mil. Therefore, Genius Sports's Gross Margin % for the quarter that ended in Dec. 2023 was 8.27%.

Genius Sports had a gross margin of 8.27% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Genius Sports was 23.82%. The lowest was -81.24%. And the median was 16.71%.


Genius Sports Gross Profit Historical Data

The historical data trend for Genius Sports's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Genius Sports Gross Profit Chart

Genius Sports Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
25.31 35.67 -213.43 2.86 69.01

Genius Sports Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.19 9.53 24.67 24.28 10.52

Competitive Comparison of Genius Sports's Gross Profit

For the Internet Content & Information subindustry, Genius Sports's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genius Sports's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Genius Sports's Gross Profit distribution charts can be found below:

* The bar in red indicates where Genius Sports's Gross Profit falls into.



Genius Sports Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Genius Sports's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=412.977 - 343.972
=69.0

Genius Sports's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=127.172 - 116.656
=10.5

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $69.0 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Genius Sports's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=10.5 / 127.172
=8.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Genius Sports  (NYSE:GENI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Genius Sports had a gross margin of 8.27% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Genius Sports Gross Profit Related Terms

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Genius Sports (Genius Sports) Business Description

Traded in Other Exchanges
N/A
Address
10 Bloomsbury Way, 9th Floor, London, GBR, WC1A 2SL
Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.