Flutter Results Presentation Deck slide image

Flutter Results Presentation Deck

Key financial highlights Pro forma¹ Revenue Profitability Financial position Flutter Sports revenue Gaming revenue Total revenue Adjusted EBITDA Group Adjusted EBITDA Group ex-US Adjusted operating profit Adjusted free cash flow Cash conversion² Net debt Net debt / LTM EBITDA FY 2021 YOY CC £3,774m £3,000m +27% +4% £2,262m £2,264m £6,036m £5,264m +17% FY 2020 £1,001m £1,231m £1,244m £1,401m £990m £746m £625m 102% £2,647m 2.6x £1,151m 126% £2,814m 2.3x -18% -10% -24% ● ● Revenue growth driven by recreational customer growth YoY profitability impacted by: Significant investment in US - Regulatory and sustainability initiatives Challenging sports results and Covid comparatives Free cash conversion remains high Leverage of 2.6x (ex-US investment losses leverage of 2.1x) ¹ Pro forma numbers in this entire presentation include TSG throughout 2020 and 2021 (date of acquisition May 5, 2020). Junglee and Singular have not been included on a pro forma basis. See Appendix 2 of the preliminary results for a reconciliation of pro forma results to statutory results. 2 Reflects conversion of adjusted operating profit to pre-tax adjusted free cash flow. 10
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