← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.2b | $1.3b | $2.0b | $2.5b | $2.4m | $460k | $584k | $11.8b | $14.0b | $16.4b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | — | $11.8b | $14.0b | $16.4b | |
| Cost of Revenue | $140k | ($247.5m) | ($459.2m) | ($693.1m) | $1.3m | $245k | $311k | $6.2b | $7.3b | $9.0b | |
| Cost of revenue (excluding depreciation and amortization) | $140k | ($247.5m) | ($459.2m) | ($693.1m) | — | $7.9m | $24.2m | $8.8m | — | — | |
| Gross profit (excluding depreciation and amortization) | — | $1.1b | $1.6b | $1.8b | — | — | — | — | — | — | |
| Gross Profit (derived) | $1.2b | $1.1b | $1.6b | $1.8b | $1.1m | $215k | $273k | $5.6b | $6.7b | $7.4b | |
| Research and development | — | ($25.2m) | ($40.0m) | ($55.1m) | — | — | — | — | — | — | |
| Operating expenses: | |||||||||||
| Total operating expenses | $353k | $754k | $2.0m | $3.0m | $4.0m | $42.5m | $147.7m | $63.3m | — | — | |
| Operating Income (Loss) | — | $447.4m | $252.9m | $264.2m | $4.0m | $25.7m | ($89.4m) | ($549.0m) | $869.0m | $36.0m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | — | — | — | — | — | $1.1b | $998.0m | $1.4b | |
| Applicable Tax Rate | — | — | — | — | — | — | — | — | — | — | |
| Average Effective Tax Rate | — | — | — | — | — | — | — | — | — | — | |
| Debt Securities, Realized Gain (Loss) | — | — | — | — | — | — | — | ($165.0m) | ($426.0m) | $300.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $370 | $72 | — | — | — | — | — | $43.0m | $15.0m | $88.0m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | — | $517.0m | |
| Impairment Loss Recognised In Profit Or Loss Goodwill | — | — | — | — | — | — | — | — | — | — | |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $139.6m | $286.5m | $109.9m | $61.7m | — | — | — | ($264.0m) | $115.0m | $311.0m | |
| Interest Income, Other | — | — | — | — | — | — | — | $45.0m | $71.0m | $73.0m | |
| Operating Lease Income | — | — | — | — | — | — | — | — | — | — | |
| Profit Loss Attributable To Noncontrolling Interests | — | — | — | — | — | — | — | — | — | — | |
| Profit Loss Attributable To Owners Of Parent | — | — | — | — | — | — | — | — | — | — | |
| Profit Loss Before Tax | — | — | — | — | — | — | — | — | — | — | |
| Profit Loss From Operating Activities | — | — | — | — | — | — | — | — | — | — | |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | — | — | — | — | — | — | — | — | — | — | |
| General and administrative | $585.1m | $571.3m | ($984.2m) | ($1.2b) | — | — | — | — | — | — | |
| Sales and marketing | $162.8m | $192.7m | ($293.0m) | ($360.7m) | — | — | — | — | — | — | |
| Gain on re-measurement of deferred contingent payment | — | — | $342k | $7.4m | — | — | — | — | — | — | |
| Gain (loss) on re-measurement of Embedded Derivative | — | — | ($6.1m) | $98.3m | — | — | — | — | — | — | |
| Unrealized foreign exchange loss on financial instruments associated with financing activities | — | — | ($7.2m) | ($11.3m) | — | — | — | — | — | — | |
| Other net financing charges | — | — | ($358.1m) | ($296.9m) | — | — | — | — | — | — | |
| Net financing charges | $138.3m | $163.0m | ($363.9m) | ($202.5m) | — | — | — | — | — | — | |
| Net earnings from associates | $623k | ($2.6m) | $1.1m | $0 | — | — | — | — | — | — | |
| Earnings (loss) before income taxes | $139.6m | $286.5m | ($109.9m) | $61.7m | — | — | — | — | — | — | |
| Income tax recovery | $4.0m | $27.2m | $988k | $197k | — | — | — | — | — | — | |
| Net earnings (loss) | $135.6m | $259.3m | ($108.9m) | $61.9m | — | — | — | — | — | — | |
| Shareholders of The Stars Group Inc. | $136.1m | $259.2m | ($102.5m) | $62.8m | — | — | — | — | — | — | |
| Non-controlling interest | ($594k) | $54k | ($6.5m) | ($960k) | — | — | — | — | — | — | |
| Basic (in shares) | — | $146.8m | $208.3m | $282.9m | — | — | — | — | — | — | |
| Diluted (in shares) | — | $203.7m | $208.3m | $284.5m | — | — | — | — | — | — | |
| Total | — | — | — | — | — | $16.8m | $58.4m | $23.0m | — | — | |
| Asset Impairment Charges | — | — | — | — | — | — | $46.5m | $16.1m | — | — | |
| Net Cash from Operating Activities | — | — | — | — | — | — | — | $800k | — | — | |
| Gain offsetting the loss on extinguishment | $0 | ($26k) | — | — | ($2.8m) | — | ($28.5m) | ($1.8m) | — | — | |
| Change in fair value of derivative liability | — | — | — | — | — | — | ($10.9m) | $7.4m | — | — | |
| Change in fair value of warrant liability | — | — | — | — | — | ($1.5m) | $31.5m | $7.1m | — | — | |
| Change in fair value of contingent consideration | — | — | — | — | — | ($1.7m) | $2.4m | ($2.9m) | — | — | |
| Loss before income taxes | — | — | ($2.0m) | ($6.4m) | $10.3m | $30.2m | ($107.9m) | ($32.3m) | — | — | |
| Net loss | ($338k) | ($838k) | ($2.0m) | ($6.4m) | $10.4m | $26.4m | ($102.2m) | ($32.3m) | — | — | |
| Dividend on 10% Series A cumulative redeemable convertible preferred stock | — | — | — | — | — | — | ($502k) | ($803k) | — | — | |
| Accretion of 10% Series A cumulative redeemable convertible preferred stock to redemption value | — | — | — | — | — | — | ($182k) | ($302k) | — | — | |
| Dividend on Series D convertible preferred stock | — | — | — | — | — | — | ($182k) | ($37k) | — | — | |
| Net loss attributable to common stockholders | — | — | — | — | — | $26.4m | ($102.9m) | ($33.6m) | — | — | |
| Net amortization of debt discount and premium on convertible debt | — | — | — | ($291k) | ($1.2m) | — | — | — | — | — | |
| Foreign Currency Gain/Loss | — | — | ($212) | $100 | $42 | — | — | — | — | — | |
| Professional Fees | $118k | $349k | — | — | — | — | — | — | — | — | |
| Net Interest Income | ($6k) | ($58k) | — | — | — | — | — | — | — | — | |
| Foreign exchange gain (loss) | ($370) | ($72) | — | — | — | — | — | — | — | — | |
| Debt forgiveness | $22k | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $139.6m | $286.5m | $109.9m | $61.7m | — | — | — | ($1.1b) | $16.0m | ($121.0m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | $26.4m | ($102.9m) | ($1.2b) | $43.0m | ($310.0m) | |
| Earnings Per Share, Basic | $-0.00 | ($0.01) | ($0.49) | $0.22 | — | ($1.68) | ($356.27) | ($6.89) | $0.24 | ($1.75) | |
| Earnings Per Share, Diluted | $-0.00 | $1.27 | ($0.49) | $0.22 | ($1.50) | ($1.68) | ($356.27) | ($6.89) | $0.24 | ($1.75) | |
| Basic Earnings (Loss) Per Share | $-0.00 | ($0.01) | ($0.49) | $0.22 | — | ($1.68) | ($356.27) | ($19.63) | — | — | |
| Diluted Earnings (Loss) Per Share | $-0.00 | $1.27 | ($0.49) | $0.22 | ($1.50) | ($1.68) | ($356.27) | ($19.63) | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 69.0m | 72.4m | — | — | — | 15.7m | 289k | 177.0m | 178.0m | 177.0m | |
| Weighted Average Shares Outstanding | 69.0m | 72.4m | 82.6m | 5.8m | 6.9m | 15.7m | 289k | 1.7m | — | — | |
| Weighted Average Shares Outstanding, Diluted | 69.0m | 72.4m | 82.6m | 5.8m | 6.9m | 15.7m | 289k | 1.7m | — | — | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 82.6m | 5.8m | 6.9m | 15.7m | 289k | 177.0m | 180.0m | 177.0m | |
| Research and Development Expense | — | — | — | — | — | — | — | $765.0m | $820.0m | $991.0m | |
| General and Administrative Expense | $56k | $152k | $2.0m | $3.0m | $323k | $10.0m | $25.7m | $1.6b | $1.8b | $2.2b | |
| Selling, General and Administrative Expense | $56k | $152k | $2.0m | $3.0m | $323k | $10.0m | $25.7m | $5.9m | — | — | |
| Selling and Marketing Expense | — | — | — | — | — | — | — | $3.8b | $3.2b | $3.7b | |
| Other Nonoperating Income (Expense) | — | — | — | $2.5m | $2.4m | $460k | $584k | ($157.0m) | ($434.0m) | $358.0m | |
| Current Tax Expense (Income) | — | — | — | $10k | $2k | $3.8m | $5.7m | $376 | — | — | |
| Deferred Tax Expense (Income) Recognised In Profit Or Loss | — | — | — | $10k | $2k | $3.8m | $5.7m | $376 | — | — | |
| Depreciation And Amortisation Expense | — | — | — | — | — | — | — | — | — | — | |
| Expense From Share-Based Payment Transactions With Employees | — | — | — | — | — | — | — | — | — | — | |
| Finance Costs | — | — | — | — | — | — | — | — | — | — | |
| Professional Fees Expense | — | — | — | — | — | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | — | $247.0m | |
| Selling Expense | — | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | — | — | — | $2.5m | ($2.4m) | ($460k) | ($584k) | ($160k) | — | — | |
| Restructuring Expense | $118k | — | — | — | — | — | — | — | — | — | |
| Interest Expense | — | — | ($121) | ($5.6m) | ($2.0m) | ($699k) | ($6.4m) | ($2.5m) | — | — | |
| Interest Expense, Debt | — | — | — | — | — | — | — | $424.0m | $480.0m | $576.0m | |
| Current Income Tax Expense (Benefit) | — | — | — | $10k | $2k | $3.8m | $5.7m | $252.0m | $202.0m | $431.0m | |
| Income Tax Expense Continuing Operations | — | — | — | $10k | $2k | $3.8m | $5.7m | $376 | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | $2.5m | $2.4m | $460k | $584k | ($385.0m) | ($419.0m) | ($515.0m) | |
| Total other income (expense), net | — | — | — | ($3.4m) | ($6.3m) | ($4.5m) | ($18.5m) | $8.0m | — | — | |
| Income Tax Expense (Benefit) | — | — | — | ($10k) | ($2k) | $3.8m | $5.7m | $120.0m | ($146.0m) | $286.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.