Flutter Results Presentation Deck slide image

Flutter Results Presentation Deck

Divisional EBITDA reshaped over last two years Pro forma UK & Ireland Online UK & Ireland Retail UK & Ireland Australia International Corporate costs Group ex-US US Group Online ex-US Group Flutter FY 2021 626 (10) 616 437 292 (101) 1,244 (243) 1,001 28% 17% Adjusted EBITDA (£m) FY 2020 FY 2019 492 629 2 76 630 568 318 161 574 574 (121) (133) 1,401 1,170 (170) 1,231 (82) 1,089 Adjusted EBITDA % 32% 32% 23% 26% Yo2Y CAGR CC 12% 4% +64% -24% -10% +5% +79% -2% -4pp -9pp ● ● Online ex-US EBITDA margin of 28%, 4pp lower due to International investment and challenging comparatives Excellent operating leverage in Australia Total synergies £113m, ahead of £90m expectation. On track for £170m in 2023 Group ex-US other operating costs (incl. Corporate) remain controlled, in-line YoY US loss increased to £243m with marketing costs doubling to £663m, driving significant customer acquisition 16
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