← Flutter Entertainment plc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net earnings (loss) $135.6m $259.3m ($108.9m) $61.9m — — — — — —
Income tax recovery recognized in net earnings (loss) $4.0m $27.2m ($988k) ($197k) — — — — — —
Net earnings from associates ($623k) $2.6m ($1.1m) $0 — — — — — —
Net Income From Continuing Operations — — — — — — — ($1.2b) $162.0m ($407.0m)
Net Income (Loss) Available to Common Stockholders, Basic ($338k) ($838k) ($2.0m) ($6.4m) ($10.4m) ($26.4m) ($102.2m) ($1.2b) $43.0m ($310.0m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — — — — ($1.2b) $162.0m ($407.0m)
Depreciation, Depletion and Amortization — — — — — — — $1.3b $1.1b $1.5b
Amortization of Intangible Assets — — — — — — — $1.1b $998.0m $1.4b
Depreciation — — — — — — — $141.0m $99.0m $129.0m
Increase in depreciation and amortization expenses — $147.2m $282.8m $438.6m — — — — — —
Depreciation Expense — — $12k $51k $21k $3.4m $12.0m $6.5m — —
Amortization $0 $665 — — — — — — — —
Amortization Cash Flow — — — — — $733.3m $735.6m — — —
Deferred Income Tax Expense (Benefit) — — — — — $23k ($3k) ($132.0m) ($348.0m) ($145.0m)
Adjustments For Deferred Tax Of Prior Periods — — — — — — — — — —
Deferred Other Tax Expense (Benefit) — — — — — — — ($133.0m) ($103.0m) ($152.0m)
Deferred income taxes — — — — — ($4.1m) ($5.7m) — — —
Deferred Tax — — — — — — — ($132.0m) ($348.0m) ($145.0m)
Share-based Payment Arrangement, Noncash Expense — — — — — — — $180.0m $196.0m $246.0m
Adjustments For Share-Based Payments — — — — — — — — — —
Share-based Payment Arrangement, Expense — — — — — — — $190.0m $202.0m $260.0m
Goodwill, Impairment Loss — — — — — — — $0 — $517.0m
Impairment of intangible and other assets — — $6.2m $3.9m — — — — — —
Asset Impairment Charges — — — — — — $46.5m $16.1m — —
Gain (Loss) on Extinguishment of Debt $0 $26k — — $2.8m — — ($6.0m) ($7.0m) ($23.0m)
Adjustments For Income Tax Expense — — — — — $23k ($3k) — — —
Gain (Loss) on Disposition of Property Plant Equipment — — — — — — — ($5.0m) ($7.0m) —
Income Tax Expense (Benefit) — — — — — $23k ($3k) $120.0m ($146.0m) $286.0m
Other Nonoperating Income (Expense) — — — — — — ($31.5m) ($157.0m) ($434.0m) $358.0m
Loss on extinguishment of senior convertible note — — — — — — $28.5m $1.8m — —
Interest Expense $0 $0 — $291k $1.2m $468k $3.4m $2.4m — —
Income Tax Expense — — — — — $23k ($3k) — — —
Loss on extinguishment of debt $0 $26k — — $2.8m — — — — —
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — — — — — — — ($23.0m) $11.0m $0
Proceeds from Stock Options Exercised — — — — $6.7m $26.6m $67k $13.0m $30.0m $7.0m
Purchases of property and equipment, accrued but unpaid — — — — — — — $159.0m $144.0m $105.0m
Adjustments For Current Tax Of Prior Period — — — — — — — — — —
Adjustments For Decrease Increase In Trade Account Receivable — — — — — — — — — —
Adjustments For Finance Costs — — — — — — — — — —
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates — ($50.0m) $2.7m ($2.5m) — — — — — —
Adjustments For Increase Decrease In Trade Account Payable — — — — — — — — — —
Adjustments For Undistributed Profits Of Associates — — — — — — — — — —
Adjustments For Unrealised Foreign Exchange Losses Gains — — — — — — — — — —
Debt Securities, Realized Gain (Loss) — ($50.0m) $2.7m ($2.5m) — — — ($165.0m) ($426.0m) $300.0m
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — — — — — — — ($11.0m)
Equity Securities, FV-NI, Gain (Loss) — — — — — — — ($2.0m) ($2.0m) $0
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — — — — ($2.0m) ($2.0m) —
Foreign Currency Transaction Gain (Loss), before Tax — — — — — — — $43.0m $15.0m $88.0m
Foreign Currency Transaction Gain (Loss), Unrealized ($17.6m) ($10.3m) ($25.3m) $5.7m — — — $225.0m $15.0m $88.0m
General and Administrative Expense — — — — — — — $1.6b $1.8b $2.2b
Goodwill — — — — — — — $13.7b $13.4b $15.8b
Increase Decrease In Working Capital — — — — — — — — — —
Proceeds From Borrowings Classified As Financing Activities — — — — — — — — — —
Purchase Of Intangible Assets Classified As Investing Activities — — $78k — — $730k $35k — — —
Purchase Of Interests In Associates — — — — — — — — — —
Repayments Of Borrowings Classified As Financing Activities — — — — — — — — — —
Restructuring Costs — — — — — — — — — $247.0m
Revenue from Contract with Customer, Including Assessed Tax — — — — — — — $11.8b $14.0b $16.4b
Unrealized Gain (Loss) on Derivatives — — — — — — — $7.0m ($2.0m) $11.0m
Increase in net financing charges — $156.8m $363.9m $202.5m — — — — — —
Stock-based compensation $10.3m $10.6m $12.8m $18.8m — — — $190.0m $202.0m $260.0m
Acquisition of market access rights in connection with Eldorado — — $20.7m $0 — — — — — —
Unrealized loss on foreign exchange ($17.6m) ($10.3m) ($25.3m) $5.7m — — — — — —
Unrealized gain on investments and other assets — — $673k $971k — — — — — —
Realized (gain) loss on current investments and promissory note — ($50.0m) $2.7m ($2.5m) — — — — — —
Customer deposit liability movement ($71.0m) ($30.9m) $7.6m ($13.9m) — — — — — —
Other $923k $749k ($3.8m) $4.9m — — — — — —
Acquisition of subsidiaries, net of cash acquired — ($6.5m) ($1.9b) ($2.5m) — — — — — —
Additions to intangible assets ($7.7m) ($1.9m) ($28.2m) ($25.3m) — — — — — —
Additions to deferred development costs — ($23.2m) ($51.6m) ($82.8m) — — — — — —
Settlement of minimum revenue guarantee ($16.1m) ($9.3m) ($7.0m) ($675k) — — — — — —
Net investments in associates — ($2.0m) $1.1m $0 — — — — — —
Issuance of Common Shares — — $717.2m $236.0m — — — — — —
Transaction costs on issuance of Common Shares — — ($32.3m) $0 — — — — — —
Issuance of Common Shares in relation to stock options — $16.7m $31.1m $12.2m — — — — — —
Redemption of SBG preferred shares — — ($663.4m) $0 — — — — — —
Repayment of shareholder loan on acquisition — — ($10.9m) $0 — — — — — —
Transaction costs on long-term debt — ($4.7m) ($36.6m) $0 — — — — — —
Settlement of derivatives — $13.9m ($125.8m) $0 — — — — — —
Repayment of lease liability principal — — $0 ($17.5m) — — — — — —
Acquisition of further interest in subsidiaries including deferred contingent payment ($3.5m) ($6.5m) ($48.2m) ($68.4m) — — — — — —
Capital contribution from the holders of non-controlling interest — — $12.1m $0 — — — — — —
Net (repayment) proceeds on loan issued from the holders of non-controlling interest — — $31.7m ($34.0m) — — — — — —
Stock-Based Compensation Expense — — $347k $700k $1.6m $4.1m $5.2m $1.1m — —
Non-Operating Income (Expense) — — — — — — ($31.5m) ($7.1m) — —
Change in fair value of contingent consideration — — — — — $1.7m ($2.4m) $2.9m — —
Change in the fair value of derivative liability — — — — — — $10.9m ($7.4m) — —
Accounts receivable $0 ($302) — — — $76k ($134k) $209k — —
Receivables reserved for users — — — — — ($2.3m) ($625k) $14k — —
Other receivables — — — — — $10k $193k ($1k) — —
Prepaid expenses and other current assets — — — $56k ($124k) ($2.2m) $1.5m $576k — —
Other non-current assets — — — — — ($220k) $162k $562k — —
Accounts payable and accrued expenses — — $256k $197k $271k $4.3m $5.0m $888k — —
Liabilities to customers — — — — — $672k $1.9m ($2.6m) — —
Deferred revenue — — — — — ($83k) $553k $414k — —
Cash consideration paid for Bethard acquisition, net of cash acquired — — — — ($500k) ($28.9m) ($20.1m) — — —
Purchase of intangible assets — — ($78k) — — ($730k) ($35k) — — —
Warrant issuance — — — — — — $9.6m $18k — —
Proceeds from Stock Issuance — — — — — — $7.6m $4.0m — —
Repayment of senior convertible note $0 ($60k) — ($56k) ($230k) — — ($3.5m) — —
Proceeds from exercise of stock options and warrants, net of issuance costs — — — — $6.7m $26.6m $67k — — —
Repayment of notes payable and finance leases — — — ($56k) — ($84k) ($172k) ($37k) — —
Cash — — $546k $100k $12.4m $19.9m $2.5m $1.7m — —
Accretion of 10% Series A cumulative redeemable convertible preferred stock — — — — — — $182k $302k — —
Change in fair value of warrant liability — — — — — $1.5m ($31.5m) — — —
Other non-cash charges, net — — — — ($186k) $2k — — — —
Cash consideration paid for Helix — — — — ($500k) ($10.0m) — — — —
Change in the fair value of derivative liabilities — — — ($2.5m) $2.4m — — — — —
Proceeds from equity financing, net of issuance costs — — — — $8.4m $27.3m — — — —
Other Current Assets — — — — $12.4m $23.4m — — — —
Original issuance discount of convertible notes — — — $200k $116k — — — — —
Rent security deposit $0 ($4k) — ($12k) — — — — — —
Proceeds from excerise warrants — — $102k $319k $6.7m — — — — —
Debt discount associated with convertible notes entered into — — — $1.7m $1.3m — — — — —
Prepaid expenses ($9k) $25k ($10k) $56k — — — — — —
Conversion of accrued interest $0 $0 — — — — — — — —
Other Operating Expense $6k $28k — — — — — — — —
Gain from forgiveness ($22k) $0 — — — — — — — —
Accounts payable $3k $22k — — — — — — — —
Change in Accrued Liabilities $47k $4 — — — — — — — —
Website development $0 ($22k) — — — — — — — —
Convertible notes payable $50k $0 — — — — — — — —
Due to related parties $20k ($19k) — — — — — — — —
Cash, beginning of period $101k $48k — — — — — — — —
Conversion of convertible notes to stock $0 $0 — — — — — — — —
Additional paid-in capital increased due to forgiveness of related party $0 $0 — — — — — — — —
Purchase of License $0 — — — — — — — — —
Notes Payable $50k — — — — — — — — —
Stock issuance for prepaid expenses $60k — — — — — — — — —
Increase additional paid-in capital due to debt discount of convertible notes $50k — — — — — — — — —
Beginning Cash Position — — — — — — — $3.0b $3.3b $3.5b
Change In Other Current Assets — — — — — — — ($382.0m) $212.0m ($227.0m)
Change In Other Current Liabilities — — — — — — — $253.0m ($252.0m) ($244.0m)
Change In Payable — — — — — — — ($4.0m) ($7.0m) ($20.0m)
Change In Prepaid Assets — — — — — — — $145.0m ($40.0m) $60.0m
Change In Receivables — — — — — — — $23.0m ($11.0m) $0
Change In Working Capital — — — — — — — $35.0m ($98.0m) ($431.0m)
Changes In Cash — — — — — — — $222.0m $322.0m $131.0m
End Cash Position — — — — — — — $3.3b $3.5b $3.8b
Financing Cash Flow — — — — — — — ($113.0m) ($469.0m) $2.4b
Free Cash Flow — — — — — — — $335.0m $941.0m $407.0m
Gain Loss On Investment Securities — — — — — — — ($2.0m) $9.0m —
Interest Received CFI — — — — — $2.0m $7.5m — — —
Investing Cash Flow — — — — — — — ($602.0m) ($811.0m) ($3.5b)
Issuance Of Capital Stock — — — — — — — $13.0m $30.0m $7.0m
Net Business Purchase And Sale — — — — — — — $0 ($160.0m) ($2.7b)
Net Foreign Currency Exchange Gain Loss — — — — — — — ($225.0m) ($15.0m) ($88.0m)
Net Intangibles Purchase And Sale — — — — — — — ($175.0m) ($136.0m) ($162.0m)
Net PPE Purchase And Sale — — — — — — — ($159.0m) ($144.0m) ($105.0m)
Other Non Cash Items — — — — — — — $266.0m $586.0m ($106.0m)
Purchase Of Business — — — — — — — $0 ($160.0m) ($2.7b)
Purchase Of Intangibles — — — — — — — ($175.0m) ($136.0m) ($162.0m)
Purchase Of PPE — $11.0m $34.0m $27.5m — — — ($159.0m) ($144.0m) ($105.0m)
Repurchase Of Capital Stock — — — — — — — ($212.0m) ($219.0m) ($1.1b)
Sale Of Business — — — — — $171.5m $0 — — —
Sale Of PPE — — — — — — — $0 $0 —
Derivative, Gain (Loss) on Derivative, Net — — — — — — — $7.0m ($2.0m) $11.0m
Net Cash Provided by (Used in) Operating Activities $349.9m $494.6m $559.8m $670.6m ($2.3m) $163k $507k $937.0m $1.6b $1.2b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment ($6.8m) ($11.0m) ($34.0m) ($27.5m) — ($62k) ($138k) $159.0m $144.0m $105.0m
Capital Expenditure Reported — — — — — — — ($268.0m) ($381.0m) ($510.0m)
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — $0 $160.0m $2.7b
Net (purchase) sale of investments utilizing customer deposits $22.7m $117.1m $19.5m ($6.0m) — — — — — —
Net Investment Purchase And Sale — — — — — — — $0 $10.0m ($21.0m)
Sale Of Investment — — — — — — — $0 $10.0m —
Net Other Investing Changes — — — — — ($1.6m) $6.1m — — $5.0m
Net cash outflows from investing activities $28.9m $174.8m ($1.9b) ($139.8m) — — — — — —
Net Cash from Investing Activities $0 ($107k) — — $1.3m — — — — —
Net Cash Provided by (Used in) Investing Activities $0 $174.8m ($81k) ($12k) ($500k) ($56.1m) ($20.1m) ($602.0m) ($811.0m) ($3.5b)
Cash flows from financing activities:
Issuance of long-debt — — $6.0b $0 — — — — — —
Proceeds from Debt Issuance — — — $2.0m $1.2m $35.0m — — — —
Payment of debt issuance costs — — — ($336k) ($1.8m) ($2.5m) — — — —
Issuance Of Debt — — — — — — — $2.0b $1.7b $10.8b
Long Term Debt Issuance — — — — — — — $2.0b $1.7b $10.8b
Net Issuance Payments Of Debt — — — — — — — $181.0m ($264.0m) $5.2b
Net Long Term Debt Issuance — — — — — — — $181.0m ($264.0m) $5.2b
Repayments of Long-term Debt — — — — — — — $1.8b $1.9b $5.6b
Repayment of long-term debt ($46.4m) ($139.9m) ($3.0b) ($485.8m) — — — — — —
Repayment of long-term debt assumed on business combinations — — ($1.1b) $0 — — — — — —
Long Term Debt Payments — — — — — — — ($1.8b) ($1.9b) ($5.6b)
Repayment Of Debt — — — — — — — ($1.8b) ($1.9b) ($5.6b)
Issuance of common stock under the ATM, net of issuance costs $116k $1.2m $651k — $8.4m — $3.9m — — —
Common Stock Issuance — — — — — — — $13.0m $30.0m $7.0m
Net Common Stock Issuance — — — — — — — ($199.0m) ($189.0m) ($1.1b)
Payments for Repurchase of Common Stock — — — — — — — $212.0m $219.0m $1.1b
Common Stock Payments — — — — — — — ($212.0m) ($219.0m) ($1.1b)
Proceeds from Noncontrolling Interests — — — — — — — — — $10.0m
Payment of dividends on 10% Series A cumulative redeemable convertible preferred stock — — — — — — ($1) ($1) — —
Net Other Financing Charges — — — — — ($91.6m) — ($95.0m) — ($1.6b)
Net cash (outflows) inflows from financing activities ($375.6m) ($443.8m) $1.6b ($636.9m) — — — — — —
Net Cash from Financing Activities — — $322 — — $27.3m $13.6m $9.0m — —
Net cash provided (used) by financing activities $186k $1.1m — — — — — — — —
Net Cash Provided by (Used in) Financing Activities $186k $1.1m $1.0m $2.0m $15.1m $86.4m $23.5m ($113.0m) ($469.0m) $2.4b
Effect of Exchange Rate on Cash — — — — — ($333k) ($952k) $1.2m — —
Effect Of Exchange Rate Changes — — — — — — — $59.0m ($84.0m) $192.0m
(Decrease) increase in cash and cash equivalents $3.2m $225.6m $218.2m ($106.0m) — — — — — —
Net decrease in cash and restricted cash — — — ($57k) $12.3m $11.0m ($18.6m) ($2.9m) — —
Net decrease in cash — — ($446k) ($57k) — — — — — —
Net increase/ (decrease) in cash ($53k) $498k — — — — — — — —
Cash movement from restricted cash — — $35.0m $0 — — — — — —
Unrealized foreign exchange difference on cash and cash equivalents ($9.9m) $17.0m ($7.5m) $6.9m — — — — — —
Cash and cash equivalents – beginning of period $267.7m $510.3m $721.1m $621.9m — — — — — —
Cash and restricted cash, beginning of year — — — $100k $43k $12.4m $23.4m $4.8m — —
Restricted cash — — — — — $3.4m $2.3m $168k — —
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — — $222.0m $322.0m $131.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities ($131.3m) ($124.6m) ($186.2m) ($279.3m) — ($202.9m) ($187.7m) $408.0m $462.0m $531.0m
Interest Paid Classified As Financing Activities ($131.3m) ($124.6m) ($186.2m) ($279.3m) — ($202.9m) ($187.7m) — — —
Income Taxes Paid, Net ($1.7m) ($9.4m) ($41.1m) ($78.3m) — ($186.9m) ($197.7m) — — $445.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.