Description
Flutter Entertainment is an operator in the gambling and sports betting industry.
This in-depth document discusses general information, highlights and metrics, business outlook and financial statements.
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q1FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q1FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the Q1FY24 report with the reports from previous quarters of the current fiscal year and Q1FY23;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- QoQ - Quarter-over-Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Flutter Entertainment plc Annual Report Period is from January 1 to December 31, 2024;
- The specified financial year coincides with the calendar year.
Short Insights
Highlights from the report:
- Flutter Entertainment, founded on February 2, 2016, and headquartered in Dublin, Ireland, is a key operator in the gambling and sports betting industry. Its portfolio includes FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Tombola, Betfair, MaxBet, Junglee Games, and Adjarabet.
- In January 2024, Flutter Entertainment acquired a 51% stake in MaxBet for $144 million.
- Starting January 29, 2024, Flutter Entertainment has been listing its ordinary shares on the NYSE under the ticker symbol "FLUT".
