Flutter Results Presentation Deck slide image

Flutter Results Presentation Deck

UK & Ireland Pro forma £m Average monthly players ('000s) Sportsbook stakes Sportsbook net revenue margin Sports revenue Gaming revenue Total 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 3,153 10,473 9.7% 1,168 721 1,889 (581) 30.8% YOY 2,532 +25% 8,401 +25% 11.7% -200bps +2% +5% 1,829 +3% (534) +9% 29.2% +160bps 1,308 1,295 +1% (384) (369) +4% 923 927 flat (298) (298) flat 626 629 flat 34.4% -130bps (77) +11% 552 -2% ONLINE 33.1% (85) 541 FY 2020 1,143 686 RETAIL FY 2021 FY 2020 904 12.6% 114 60 174 (40) 22.9% 134 (6) 128 (138) (148) (10) 2 0.9% (5.6%) (41) (43) (50) (41) YOY 998 -9% 14.3% -170bps 143 -20% 57 +5% 200 -13% (44) -9% 21.8% +100bps -14% -2% -15% -7% -647% -650bps -4% +23% 156 (6) 150 Online AMPS +25%, increase in recreational base Safer gambling measures impacting revenue growth (£93m revenue) Sports revenue +2%: Higher volume of sports events versus covid impacted 2020 Favourable sports results in 2020 drove 200bps swing YoY in net revenue margin Gaming +5% despite tough comparatives Cost of sales % +160bps from increase in streaming costs and effective tax rate Marketing reflects Euros investment Retail - - Revenue decline due to longer periods of covid related closures in 2021 No government support taken; EBITDA loss £10m (H1 -£39m, H2 £29m) 39
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