Flutter Results Presentation Deck slide image

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 26
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