Flutter Entertainment plc
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
FLUT$82.51+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed consolidated statements of comprehensive (loss) / income
CONDENSED CONSOLIDATED STA
TEM
ENTS OF COMPREHENSIVE (LOSS) / INCOME
($ in millions except share and per share amounts)
| Three months ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $3,397 | $2,918 |
| Cost of sales | (1,793) | (1,541) |
| Gross profit | 1,604 | 1,377 |
| Technology, research and development expenses | (190) | (168) |
| Sales and marketing expenses | (881) | (882) |
| General and administrative expenses | (409) | (342) |
| Operating profit / (loss) | 124 | (15) |
| Other expense, net | (174) | (45) |
| Interest expense, net | (112) | (92) |
| Loss before income taxes | (162) | (152) |
| Income tax (expense) / income | (15) | 41 |
| Net loss | (177) | (111) |
| Net gain / (loss) attributable to non-controlling interests and redeemable non-controlling interests | 4 | (9) |
| Adjustment of redeemable non-controlling interest to redemption value | 15 | 0 |
| Net loss attributable to Flutter shareholders | (196) | (102) |
| Net loss per share | ||
| Basic | (1.10) | (0.58) |
| Diluted | (1.10) | (0.58) |
| Other comprehensive (loss) / income, before tax: | ||
| Effective portion of changes in fair value of cash flow hedges | 23 | (60) |
| Fair value of cash flow hedges transferred to the income statement | (14) | 43 |
| Foreign exchange (loss) / gain on net investment hedges | (21) | 4 |
| Foreign exchange (loss) / gain on translation of the net assets of foreign currency denominated entities | (185) | 177 |
| Fair value movements on available for sale debt instruments | (1) | 1 |
| Other comprehensive (loss) / income | (198) | 165 |
| Other comprehensive (loss) / income attributable to Flutter shareholders | (188) | 139 |
| Other comprehensive (loss) / income attributable to non-controlling interest and redeemable non-controlling interest | (10) | 26 |
| Total comprehensive (loss) / income | $(375) | $54 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.