Flutter Entertainment plc
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
FLUT$82.51+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed consolidated statements of comprehensive income
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
($ in millions except share and per share amounts)
| Three months endedSeptember 30, | Nine months endedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue | $3,248 | $2,558 | $10,256 | $8,477 |
| Cost of Sales | (1,752) | (1,386) | (5,380) | (4,418) |
| Gross profit | 1,496 | 1,172 | 4,876 | 4,059 |
| Technology, research and development expenses | (213) | (214) | (619) | (558) |
| Sales and marketing expenses | (748) | (701) | (2,375) | (2,250) |
| General and administrative expenses | (438) | (394) | (1,292) | (1,181) |
| Operating profit | 97 | (137) | 590 | 70 |
| Other expense, net | (122) | (44) | (207) | (79) |
| Interest expense, net | (105) | (92) | (325) | (266) |
| Income (loss) before income taxes | (130) | (273) | 58 | (275) |
| Income tax (expense) benefit | 16 | 11 | (52) | (34) |
| Net income (loss) | (114) | (262) | 6 | (309) |
| Net income (loss) attributable to non-controlling interests and redeemable non-controlling interests | 5 | 1 | 27 | (6) |
| Adjustment of redeemable non-controlling interest to redemption value | (16) | 12 | 17 | 7 |
| Net loss attributable to Flutter shareholders | (103) | (275) | (38) | (310) |
| Loss per share | ||||
| Basic | (0.58) | (1.55) | (0.21) | (1.75) |
| Diluted | (0.58) | (1.55) | (0.21) | (1.75) |
| Other comprehensive income (loss), net of tax: | ||||
| Effective portion of changes in fair value of cash flow hedges | (124) | 51 | (111) | (25) |
| Fair value of cash flow hedges transferred to the income statement | 119 | (60) | 117 | 24 |
| Changes in excluded components of fair value hedge | (1) | — | (1) | — |
| Foreign exchange gain (loss) on net investment hedges | 27 | (2) | 56 | 10 |
| Foreign exchange gain (loss) on translation of the net assets of foreign currency denominated entities | 570 | (358) | 325 | (83) |
| Fair value movements on available for sale debt instruments | — | — | — | — |
| Other comprehensive income (loss) | 591 | (369) | 386 | (74) |
| Other comprehensive income (loss) attributable to Flutter shareholders | 599 | (356) | 408 | (116) |
| Other comprehensive (loss) income attributable to non-controlling interest and redeemable non-controlling interest | (8) | (13) | (22) | 42 |
| Total comprehensive income (loss) | $477 | $(631) | $392 | $(383) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.