Flutter Q1 revenue $3.4B; US Adj EBITDA positive $26M vs -$53M YoY; FY24 guide reaffirmed

Flutter Entertainment plc

2024-Q1 EPS reported -$1.10 revenue$3,397,000,000

Net loss $177M ($1.10/share) includes $184M Fox Option charge; adjusted EPS $0.10.
US revenue +32% to $1.41B; FanDuel #1 with 52% sports NGR share, 27% iGaming GGR share.
Group Adj EBITDA $514M, +46% YoY; margin +310bps to 15.1%.
Ex-US Adj EBITDA $488M, +20%; UKI and International drove growth.
Reaffirmed FY24 guidance: US rev $6.0B, Adj EBITDA $710M; Ex-US rev $7.85B, Adj EBITDA $1.73B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Flutter Entertainment plc reported the quarter ended March 31, 2024 results: revenue $3,397 million, net income ($177) million, EPS ($1.10) per share. Guidance reaffirmed.

Period: the quarter ended March 31, 2024
Revenue: $3,397 million
Net income: ($177) million
EPS: ($1.10) per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Key financial highlights: In $ millions except percentages and average monthly players Three months ended March 31 2024 2023 YOY Average monthly players (AMPs) (‘000s) 2 13,722 12,349 +11 % Revenue 3,397 2,918 +16 % Net loss (177 ) (111 ) (59 %) Adjusted EBITDA 3,4 514 352 +46 % Adjusted EBITDA Margin 3 15.1 % 12.1 % +310bps Net loss per share ($) (1.10 ) (0.58 ) (92 %)

View on SEC.gov

1047 earnings releases filed in the last 30 days. Browse all earnings releases →

Flutter Entertainment plc filing history →

Source: SEC EDGAR

accession 0001193125-24-137654

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.