Flutter Results Presentation Deck slide image

Flutter Results Presentation Deck

Australia Pro forma £m Average monthly players ('000s) Sportsbook stakes Sportsbook net revenue margin Revenue Cost of sales Cost of sales as a % of net revenue Gross profit Sales & marketing costs Contribution Other operating costs Adjusted EBITDA Adjusted EBITDA margin Depreciation and amortisation Adjusted operating profit Flutter FY 2021 1,008 11,702 11.1% 1,294 (636) 49.2% 658 (119) 539 (102) 437 33.7% (26) 411 FY 2020 794 9,713 11.1% 1,075 (520) 48.4% 555 (129) 426 (108) 318 29.6% (30) 288 YOY +27% +20% +20% +22% +80bps +18% -8% +26% -5% +37% +420bps -16% +43% YOY CC +20% +20% +22% +80bps +18% -9% +26% -6% +37% +420bps -17% +42% AMP growth +27% driving revenue growth +20%, retaining migrated customers Net revenue margin remained in line with prior year. In-year margin 60bps ahead of expected margin from favourable sports results Merger related synergies benefitting marketing and other operating costs Top line growth and cost efficiencies delivered 420bps in operating leverage EBITDA +37% to £437m 40
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