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Flutter Entertainment Plc (FLTR.LN)

Flutter Entertainment Plc (FLTR.LN)
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In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the us, UK and Ireland, Australia, and many other countries. Some of its main brands are FanDuel in the us, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2023, the company offered products in over 100 countries and had 12.3 million average monthly users. In 2023, sports betting was 56% of revenue, online gaming 39%, and fantasy sports, horse racing, and other 5%.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 11,790,000 9,310,307 8,146,679 6,015,373 2,805,895
Sales Growth +26.63% +14.28% +35.43% +114.38% +18.04%
Net Income -1,224,000 -365,480 -561,179 51,651 188,808
Net Income Growth -234.90% +34.87% -1,186.48% -72.64% -26.12%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 24,635,000 24,787,549 22,640,835 23,157,393 7,081,869
Total Assets Growth -0.62% +9.48% -2.23% +227.00% +7.77%
Total Liabilities 13,267,000 12,277,838 8,755,230 8,171,907 1,588,609
Total Liabilities Growth +8.06% +40.23% +7.14% +414.41% +29.44%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 937,000 1,570,113 925,176 1,360,644 549,903
Operating Cash Flow Growth -40.32% +69.71% -32.00% +147.43% +31.16%
Net Cash Flow 222,000 523,048 490,458 652,112 -27,141
Change in Net Cash Flow -57.56% +6.64% -24.79% +2,502.67% +88.14%
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