Flutter Results Presentation Deck
UK&I: Key drivers of Q4 and full year performance
Adverse sports results...
Year-on-year sports results impact¹
(Revenue £m)
73
74
2020 ■2021
51
38
25
26
4 all
4
Q1 Q2
Q3
Q1
Q2
Q3 Q4
Q4 year-on-year
revenue impact¹ of
£149m (H2: £170m)
Flutter
Q4
...Safer gambling impacts...
Quarterly minimum estimated revenue cost in 2021²
(Revenue £m)
-75
37
Greatest estimated impact in
2021 in Q4; £93m equates to
5% of online revenue
●
...and market declines drove challenging quarter
Market: Momentum slowed in Q4³
Fewest 4th quarter casino app downloads in 3
years
Customers reducing engagement as Covid
restrictions ease
Sports: Reduced customer recycling versus historic
norms
Gaming: Player spend reduced but Sky Vegas and
Paddy Power grew download share with market daily
tools like "Prize Machine"4
We estimate that Q4 online revenue was down 5%
excluding impact of swing in sports results, safer
gambling measures and sale of Oddschecker
¹Represents gross sports results impact. Gross sports results impact is delta between actual net revenue and expected net revenue in the period and is before impact of recycling on staking
2Full impact of 2021 safer gambling measures not fully quantifiable due to as yet unknown effect on long-term customer behaviour
³Based on Gambling Commission Data and App Annie downloads
4Based on third party quarterly tracking data provided by Yonder
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