secwatch.observer — SEC 8-K summary
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Issuer:     Flutter Entertainment plc (FLUT)
CIK:        0001635327
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001193125-24-137654
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635327/000119312524137654/0001193125-24-137654-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635327/000119312524137654/d797345d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-137654

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