Flutter Entertainment PLC header image

Flutter Entertainment PLC

FLTR

Equity

ISIN IE00BWT6H894 / Valor 27913021

LSE London Stock Exchange, SETS (2025-03-14)
GBP 183.69+2.72%

Flutter Entertainment PLC
UMushroom community rating:

star star star star star
0.00 0 votes No rating yet
NegativeNeutralPositive

About company

Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider operating in various states. The company offers online sports wagering services through its popular brand, FanDuel, in partnership with various casinos. With a focus on providing a seamless and engaging experience for users, Flutter Entertainment PLC aims to be a leader in the online gambling industry.

Summarized from source with an LLMView SourceSector: Consumer Services

Latest Results (20.08.2024):

Revenue Growth

Flutter Entertainment PLC reported a significant revenue increase in Q2 2024, reaching $3,611 million, a 20% year-over-year growth from $3,001 million in Q2 2023. This growth was driven by strong performance across both US and Group Ex-US segments, with notable contributions from the FanDuel brand in the US market.

Net Income Surge

Net income for Flutter Entertainment PLC in Q2 2024 surged to $297 million, a remarkable 364% increase compared to $64 million in the same quarter of the previous year. This substantial rise was attributed to strong revenue performance and favorable non-cash impacts, including a $91 million fair value gain on the Fox Option liability.

Adjusted EBITDA

Flutter Entertainment PLC's Adjusted EBITDA for Q2 2024 was $738 million, reflecting a 17% increase from $633 million in Q2 2023. The Adjusted EBITDA margin slightly decreased to 20.4% from 21.1% in the previous year, primarily due to expected revenue declines in the Australian market.

Free Cash Flow

In Q2 2024, Flutter Entertainment PLC generated $171 million in Free Cash Flow, a significant improvement from a negative $95 million in Q2 2023. This increase was driven by strong operational performance and effective cash conversion, contributing to a reduction in the company's leverage ratio to 2.6x from 3.1x at the end of 2023.

Guidance Raised

Following the strong performance in Q2 2024, Flutter Entertainment PLC raised its full-year 2024 guidance. The company now expects Group revenue to increase by 20% year-over-year and Adjusted EBITDA to grow by 34% at the midpoints. This optimistic outlook is supported by continued momentum in both the US and Group Ex-US segments.

Summarized from source with an LLMView Source

Key figures

5.20%1Y
111%3Y
184%5Y

Performance

31.3%1Y
36.3%3Y
41.2%5Y

Volatility

Market cap

M

Market cap (USD)

Daily traded volume (Shares)

1,675,979

Daily traded volume (Shares)

1 day high/low

207.7 / 202.6

1 day high/low (USD)

52 weeks high/low

0.00 / 0.00

52 weeks high/low (USD)

Dividend ex-date

01 January, 2022

Dividend ex-date

Dividend

0.00

Dividend (USD)

Dividend yield (p.a.)

0.00%

Dividend yield (p.a.)

0.002022
0.002023
0.002024

Est dividend (USD)

0.00%2022
0.00%2023
0.00%2024

Est dividend yield

P/E ratio

10.00

P/E ratio

00.002022
00.002023
00.002024

Est P/E ratio

EPS

0.00

EPS (USD)

0.002022
0.002023
0.002024

Est EPS (USD)

Ratings & reviews

star star star star star

0.00

0 votes
Performance:
starstarstarstarstar
0.00
Innovation:
starstarstarstarstar
0.00
Society:
starstarstarstarstar
0.00
Nature:
starstarstarstarstar
0.00

EQUITIES OF THE SAME SECTOR

Carrefour SA
Carrefour SA Carrefour SA Valor: 488167
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.43%EUR 12.93
Schneider National Inc
Schneider National Inc Schneider National Inc Valor: 35155097
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.45%USD 23.75
Matson Inc
Matson Inc Matson Inc Valor: 18817279
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.51%USD 130.10
STEF
STEF STEF Valor: 921829
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-7.97%EUR 122.40
Greek Organisation of Football Prognostics SA Opap
Greek Organisation of Football Prognostics SA Opap Greek Organisation of Football Prognostics SA Opap Valor: 1215179
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.04%EUR 17.50
UESTRA Hannoversche Verkehrsbetriebe AG
UESTRA Hannoversche Verkehrsbetriebe AG UESTRA Hannoversche Verkehrsbetriebe AG Valor: 335470
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.00%EUR 9.70
Allegiant Travel Co
Allegiant Travel Co Allegiant Travel Co Valor: 2587779
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.38%USD 54.23
The Wendy's Co
The Wendy's Co The Wendy's Co Valor: 13323477
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.66%USD 15.35
Insight Enterprises Inc
Insight Enterprises Inc Insight Enterprises Inc Valor: 340436
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.28%USD 151.43
CSX Corp
CSX Corp CSX Corp Valor: 923022
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
3.02%USD 30.01