Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

Product and technology

General and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DraftKings

DraftKings, Inc. provides online fantasy sports and sports betting services. It provides users with daily fantasy sports, sports betting and iGaming opportunities, and is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. The company was founded on August 6, 2021 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DraftKings reports robust Q4 performance, eyes growth through innovation

DraftKings' strong Q4 2022 performance and focus on operational efficiency position the company for continued growth and profitability.
While facing industry competition and regulatory challenges, DraftKings leverages strengths in innovation and customer acquisition for market success.
Opportunities in revenue growth, international expansion, and product innovation align with DraftKings' strategic goals for sustainable market expansion.
Strategic responses to challenges and a focus on customer retention and operational excellence are key to DraftKings' future success in the dynamic market landscape.

DraftKings excels in Q1, eyes profitability and market leadership

DraftKings' strong financial performance, market leadership, and strategic focus on customer engagement position it well for continued success. With a clear roadmap for profitability, the company is leveraging unique sports wagering opportunities and product innovations to drive growth and navigate market challenges.

DraftKings reports stellar Q2 results, eyes growth amid challenges

DraftKings delivered a strong Q2 performance with revenue growth and positive adjusted EBITDA, driven by product enhancements and strong player engagement.
The company's focus on customer experience, product differentiation, and partnerships positions it well for future growth despite challenges like tax rates and expense management.
Opportunities lie in upcoming sports seasons, AI initiatives, and market expansion, highlighting DraftKings' potential for continued success and innovation.

DraftKings surpasses Q3 expectations, eyes iGaming growth opportunities

DraftKings' Q3 performance exceeded expectations, with strong revenue growth and positive EBITDA outlook for 2024. The company faces challenges in maintaining market share growth and managing revenue slowdown. Opportunities lie in iGaming expansion and product innovation.

DraftKings excels in revenue growth, eyes strategic acquisitions for expansion

DraftKings reports robust financial performance with revenue and EBITDA growth milestones.
Strategic acquisitions and customer-centric initiatives strengthen market position and engagement.
Challenges in Q4 and capital optimization efforts highlight areas for strategic focus.
Anticipated growth opportunities in product innovation, market expansion, and legislative developments.

DraftKings excels in Q1 2024, raises guidance amid market opportunities

DraftKings' strong financial performance in Q1 2024 reflects revenue growth, increased guidance, and a focus on operational efficiency. The company's strategic initiatives in product innovation, responsible gaming, and market expansion position it for sustained growth. Challenges in managing state launches and tax rate increases require proactive strategies.

DraftKings reports robust Q3 revenue growth and eyes Missouri expansion

DraftKings delivered strong revenue growth and margin improvement in Q3 2024, driven by Online Sportsbook and iGaming segments.
While facing challenges in achieving profitability and optimizing operational efficiency, the company remains agile in capitalizing on new market opportunities.
With a focus on expanding into Missouri, robust fiscal year 2025 guidance, and international market expansion plans, DraftKings is poised for continued growth and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

America's most popular pro sports leagues may not wind up playing many games this year. As a result, DraftKings stock still looks quite risky.

Why DraftKings Stock Still Looks Risky

A rich valuation, and an upcoming secondary offering, could mean DraftKings stock heads lower. Yet, that could provide a solid entry point.

Keep Valuation in Mind Before Chasing DKNG

DraftKings stock will get a draft from its higher cash pile. The digital gambling disruptor now has about $1.1 billion in cash that it can use to generate cash flow.

DraftKings Stock Will Get a Draft From Its Secondary Offering

Creator of Top-Rated Sportsbook App Debuts Standalone Gaming App in the Garden State Creator of Top-Rated Sportsbook App Debuts Standalone Gaming App in the Garden State

DraftKings Launches Mobile Casino App in New Jersey

The share price of the online sports betting company has already more than doubled since its April IPO.

Jefferies Analyst Still Sees Over 30% More Upside for DraftKings

DraftKings stock is trading near an all-time high, but reopening professional and college sports in 2020 will be a tough chore.

DraftKings Stock Near All-Time High on Momentum Rally

DraftKings stock plunged nearly 9% on Monday after California's sports betting bill was pulled. Here's how to trade the fallout.

Don’t Count DraftKings Stock Out Just Yet

In the competitive world of sports betting, DraftKings has proved to be a winner with a strong IPO and a new round of share sales that will enable them to gain a lion’s share of the market.  
The post Volatile DraftKings Stock Is Still Well-Poised For Success appeared first on InvestorPlace.

Volatile DraftKings Stock Is Still Well-Poised For Success

Darden Restaurants

Norwegian Cruise Line

There's an online betting darling, casual dining icon, and struggling cruise line operator that seem pretty vulnerable this week.

3 Stocks to Avoid This Week: DKNG, DRI & NCLH

The company will also sell shares to help address its weak cash position.

Existing DraftKings Shareholders to Sell Nearly $1B in Stock

DraftKings is a market darling, but should investors be cautious?

Should Investors Place Their Next Bet on DraftKings Stock?

The world migration to online entertainment got a tremendous boost from the quarantine. DraftKings stock benefits directly from this.

The Rally in DraftKings Stock Is Too Strong

DraftKings Inc. (NASDAQ: DKNG) is moving forward with its secondary offering, but this time it will be upsized from the last announcement.

DraftKings Ups the Ante in Secondary Offering

Penn Entertainment

Scientific Games

Everything changed on January 9, 2007, when the legendary co-founder of technology behemoth Apple, Steve Jobs, announced the first iPhone at the Macworld convention.

E-Sports and Digital Gambling Is Surging: 4 Top Stocks to Buy Now

BOSTON, June  18, 2020  (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) announced today the upsize and pricing of its previously announced underwritten public offering of 40 million shares of its Class A common stock.  DraftKings will sell 16 million shares of its Class A common stock and certain selling stockholders of DraftKings will sell 24 million shares of Class A common stock, at a public offering price of $40.00 per share for a total offering size of $1.6 billion.  The Offering was upsized from the previously announced offering size of 33 million shares of Class A common stock.  DraftKings will not receive any proceeds from the sale of Class A common stock offered by the selling stockholders.  The selling stockholders have granted the underwriters a 30-day option to purchase up to 6 million additional shares of Class A common stock. 

DraftKings Announces Upsize and Pricing of Public Offering of Class A Common Stock

The MLB and NBA may not return to action this year at all. That makes DraftKings stock too risky for investors to consider.

Uncertain Outlook of Pro Sports Weighs on DraftKings Stock

Netflix

Wayfair

These companies have been hard at work while the world paused for COVID-19.

3 Top Stay-at-Home Stocks to Watch in June

DraftKings stock continues to rise on the back of the company's upside potential, diversified revenue streams, and keenness to innovate
The post If You Think DraftKings Stock Is Hot Now, Wait Until Sports Is Back appeared first on InvestorPlace.
More From InvestorPlace
		
					
				
					Why Everyone Is Investing in 5G All WRONG				
			
					
				
					Top Stock Picker Reveals His Next 1,000% Winner				
			
					
				
					The 1 Stock All Retirees Must Own				
			
					
				
					Look What America’s Richest Family Is Investing in Now

If You Think DraftKings Stock Is Hot Now, Wait Until Sports Is Back

The sports gambling company seeks to raise money less than two months after going public, as investors shrug off the lack of actual sports.

DraftKings Raises Capital as Shares More Than Double Since IPO

DraftKings Inc. (NASDAQ: DKNG) has announced the commencement of a secondary offering.

DraftKings Decides to Capitalize With Secondary Offering

Online sports betting company DraftKings Inc (NASDAQ: DKNG) announced Tuesday afternoon a 14-million share offering to take advantage of "favorable market conditions," according to Oppenheimer analyst Jed Kelly.

DraftKings Takes Advantage Of 'Favorable Market Conditions' With Share Offering

When it comes to DraftKings, I think the average sports fan sitting at home can see the writing on the wall. There are a lot of sports bettors coming online as states legalize this form of gambling.

Why DraftKings Stock Is Worth Betting On

DraftKings Inc. DKNG, -2.91% plans to sell 33 million shares as its stock price has more than doubled since the company went public in April.

DraftKings to sell stock after more than doubling since debut

Tesla

Markets bounced back from significant losses.

Stock Market Wrap-Up: DraftKings Scores; Tesla Does the Texas Two-Step

DraftKings stock is the second most-valuable for U.S. gambling stocks, but be sure to know the risks and the rewards regarding DKNG stock.

News for DraftKings Stock (DKNG)