Flutter Entertainment PLC

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

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

Flutter Entertainment Plc engages in the business of online betting and gaming. It operates through the following segments: UK and Ireland, Australia, International, and US. The UK and Ireland segment includes the operations of Sky Betting and Gaming, Paddy Power, Betfair, and tombola. The Australia segment focuses on sports betting services provided to Australian customers online. The International segment relates to poker, casino, rummy, lottery, and sports betting. The US segment includes sports betting, daily fantasy sports, and gaming services. The company was founded in 1988 and is headquartered in New York, NY.

Entain PLC

Neither of the two big UK bookmakers - Flutter Entertainment PLC (LSE:FLTR) and Entain PLC (LSE:ENT) - seemed to have been swayed by the latest positive data emanating from the US covering February. The read-out is important on two counts.

Flutter and Entain little moved by Super Bowl success for US bookies

Since listing on the New York Stock Exchange at the end of January, shares of Flutter Entertainment plc NYSE: FLUT have gone from strength to strength. They've gained more than 40% since January's low and are closing in on the all-time high they'd previously traded in 2021.

Flutter Receives Major Upgrades: Investor Interest Skyrockets

Flutter Entertainment has received an upgrade from JP Morgan which is taking a more positive stance on the Betfair and Paddy Power owner than previously on its prospects in the US. FanDuel is Flutter's big brand in the US and JP Morgan has raised forecasts for revenue and profit growth at the business into double-digits from 2026 onwards.

Flutter Entertainment upgraded on US prospects by JP Morgan

New relationship with Kindbridge Behavioral Health is part of a series of initiatives that aim to support problem gambling prevention, treatment and recovery efforts. NEW YORK, March 6, 2024 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced a series of initiatives and financial support focused on raising awareness of the importance of responsible play during Problem Gambling Awareness Month.

FanDuel Introduces New Mental Health Collaboration and Support Efforts During Problem Gambling Awareness Month

Sports fans in North Carolina can now pre-register on the FanDuel Sportsbook app NEW YORK , March 4, 2024 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced a new multi-year partnership with the Carolina Panthers as an Official Sports Betting Partner. The partnership comes ahead of the March 11 launch of mobile sports betting in North Carolina and is part of a series of initiatives to engage sports fans throughout the state.

FanDuel Becomes an Official Sports Betting Partner of Carolina Panthers Ahead of Upcoming North Carolina Launch

DraftKings

Super Bowl LVIII was great for ratings, averaging a record 123.7 million viewers, according to Nielsen. It also appeared to be a notable one for major betting companies.

FanDuel, DraftKings both see huge Super Bowl betting totals

DraftKings and FanDuel will be the top beneficiaries from record Super Bowl betting, Bank of America wrote on Friday. Equity strategist Shaun Kelley expects Taylor Swift's presence to boost bets.

DraftKings and FanDuel are set to be the big Super Bowl winners amid record betting activity fueled by Taylor Swift

Flutter Entertainment plc is a global leader in the online gaming sector, generating 60% of its revenue. Flutter Entertainment's international business and revenue base make it undervalued compared to its U.S. competitor DraftKings. ESPNBet and Fanatics are potential disruptors in the market, but their impact on Flutter Entertainment and DraftKings is expected to be minimal.

Flutter: Newly Traded NYSE Sports Betting Giant Could Be A Big Gainer

Betting companies like Flutter Entertainment PLC (LSE:FLTR), Entain and 888 are set to benefit from growth in both their US and online markets, outweighing any regulatory headwinds, analysts believe. Stateside bank Jefferies stamped a ‘buy' rating on both stocks, although Paddy Power owner Flutter received the ‘top pick' status due to its “outsized benefits” regarding its ability to gain online market leadership.

Flutter undervalued despite US dominance and 2024 tailwinds, says broker

MGM Resorts

People have been placing their bullish bets on the sports betting stocks of late, with the broader basket gaining considerable momentum. While the Magnificent Seven stocks stole the show (yet again) this earnings season, I think other corners of tech are more than worthy of the attention of growth-savvy investors.

Game On: 3 Sports Betting Stocks Worthy of a Wager

US bookmakers are heading for a bumper start to 2024, according to broker Jefferies, which has reiterated buy recommendations on Entain and Flutter, two of the largest players in the market. Ajed of the week's Super Bowl between San Francisco and Kansas City, the bank wrote: “Signs remain encouraging for the bookmakers, with high engagement and betting activity,” especially in the newly legalised areas such as Ohio.

Flutter and Entain in good spot as Super Bowl fever rises, says US bank

Amer Sports Inc

American Healthcare REIT Inc

Alto Neuroscience Inc

Fibrobiologics Inc

Fractyl Health Inc

Kyverna Therapeutics Inc

Perfect Moment Ltd

BBB Foods Inc

Sports equipment and apparel maker Amer Sports priced below the range to raise $1.3 billion at a $6.4 billion market cap. CNS disorder biotech Alto Neuroscience priced its upsized IPO at the top of the range to raise $129 million at a $456 million market cap.

U.S. IPO Weekly Recap: Amer Sports' Billion-Dollar U.S. IPO Leads A Week Of Large Listings

Sage Group PLC/The

The FTSE 100 and FTSE 250 indices have lagged behind their global peers. There are concerns about demand for UK stocks as the economy slows. Flutter Entertainment, Wise, and Sage Group will likely do well in February.

The best UK stocks to buy in February 2024

Alibaba

SoFi Technologies

Artificial intelligence (AI) isn't the only area of the stock market where investors can find high-growth stocks in 2024. While the market rally isn't broad-based, there are pockets where stocks are flying and delivering big gains to investors.

3 High-Growth Stocks to Buy for Maximum Wealth Building

Genius Sports

The Super Bowl, the biggest sporting event in the US, is nearing, leading to a frenzy among fans and investors. The event, which will take place in Las Vegas, is expected to be one of the biggest ones in terms of attendance and viewership.

Top Super Bowl stocks to buy: DKNG, GENI, FLUT

FanDuel parent company Flutter is now trading on the New York Stock Exchange. The Ireland-based company announced in a Monday (Jan.

FanDuel Owner Takes on DraftKings on NYSE

As the U.S. prepares for Super Bowl 2024, Wall Street is cheering on the newest sports betting stock to hit the market. International gambling giant Flutter Entertainment (NYSE: FLUT ) begins trading today on the New York Stock Exchange (NYSE).

FLUT Stock: 10 Things to Know as Flutter Entertainment Starts Trading in the U.S.

The online sports-betting company will have a secondary listing in New York, but hopes to make it the primary one.

Flutter Begins Trading on the NYSE. CEO Says It's the ‘Right Place for Us to Be.

Flutter Entertainment PLC (LSE:FLTR) on Monday said it plans to move its main stock listing to the US in the leatest blow to London's ailing stock market. The Paddy Power owner made the announcement as share in the firm prepare to debut in the US.

Flutter to shift main listing to US in latest blow to London

Flutter Entertainment, the parent company of FanDuel, started trading on the New York Stock Exchange for the first time Monday, as the company tries to narrow the valuation gap between it and rivals including DraftKings.

FanDuel's parent starts trade on the NYSE, plans primary listing in New York

DraftKings Inc (NASDAQ: DKNG) is in focus on Monday after rival Flutter Entertainment debuted on the New York Stock Exchange. Why is Flutter news significant for DraftKings?

What's next for DraftKings as Flutter lists on the NYSE?

Dublin-based Flutter said on Monday it will propose moving the primary listing of its shares from London to New York at its annual general meeting in May.

Online betting firm Flutter to propose New York primary listing at annual meeting

Trading to commence on NYSE LONDON and NEW YORK, Jan. 29, 2024 /PRNewswire/ -- Flutter is pleased to announce today, 29 January 2024, the listing of the Company's ordinary shares on the New York Stock Exchange ("NYSE"), with trading to commence at 09.30 ET. Flutter also confirms that the cancellation of the secondary listing of the Company's ordinary shares on Euronext Dublin took effect at 08.00 GMT today.

Flutter commences trading on the NYSE. Proposed transition of primary listing to US.

FanDuel-parent company Flutter lists on the New York Stock Exchange, giving U.S. investors more choice in sports betting.

FanDuel-parent Flutter to list on the NYSE, challenging DraftKings as sports-betting pure play

Gambling giant hails ‘pivotal moment' with listing on New York stock exchange as US sports betting business surges

News for Flutter Entertainment PLC Stock (FLUT)