FLUT Q1 2024 Earnings — Flutter Entertainment plc Revenue & Financial Results | Market Cap Arena

FLUTFlutter Entertainment plc

$19B

Q1 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$3.4B+16.4% YoY

Gross Profit

$1.6B47.2% margin

Operating Income

$124M3.7% margin

Net Income

-$196M-5.8% margin

EPS (Diluted)

$-1.10

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$337M

Free Cash Flow

$185M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$24.4B

Total Liabilities

$13.3B

Stockholders' Equity

$9.5B

Cash & Equivalents

$3.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$2.9B	+16.4%
Gross Profit	$1.6B	$1.4B	+16.5%
Operating Income	$124M	-$15M	+926.7%
Net Income	-$196M	-$102M	-92.2%

Revenue Segments

Sports Book

$1.9B56%

iGaming

$1.4B40%

Other

$147M4%

Geographic Segments

UNITED STATES

$1.4B41%

UNITED KINGDOM

$782M23%

Rest of the world

$445M13%

ITALY

$365M11%

AUSTRALIA

$329M10%

IRELAND

$77M2%