Flutter Results Presentation Deck slide image

Flutter Results Presentation Deck

US: FanDuel sportsbook and gaming contribution positive Breakdown of FY21 US EBITDA loss of $333m¹ ($'m) % of customers 38% 388 62% (374) Existing sportsbook and gaming customers Flutter 2021 new customers 14 Sportsbook & casino contribution Customers acquired in- year will become smaller % of overall 188 base key driver of future profitability TVG & DFS - (458) Other Opex (76) FOX Bet EBITDA (333) US EBITDA ● Pre 2021 customers funding further acquisition Positive contributions¹ from New Jersey, Pennsylvania, Illinois and Indiana Material investment continued in existing and new states Material contribution from TVG and DFS Confident Flutter US will be profitable in 2023², based on current regulatory outlook ¹ Contribution is defined as gross profit less sales and marketing expense. Growth from existing sportsbook and gaming customers represents in-year contribution from customers acquired pre-2021 less an allocation for retention marketing. New customers acquired in 2021, includes gross profit generated from these customers in that period. 2 2023 profit projection is based on current timing expectations of regulatory developments and new state launches in 2022 and 2023. 25
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