Flutter Entertainment plc
For the period ended Dec 31, 2024. Filed Mar 4, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 4, 2025
FLUT$81.99+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive (Loss)
($ in millions except share and per share amounts)
| Year ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $14,048 | $11,790 | $9,463 |
| Cost of Sales | (7,346) | (6,202) | (4,813) |
| Gross profit | 6,702 | 5,588 | 4,650 |
| Technology, research and development expenses | (820) | (765) | (552) |
| Sales and marketing expenses | (3,205) | (3,776) | (3,014) |
| General and administrative expenses | (1,808) | (1,596) | (1,172) |
| Operating profit (loss) | 869 | (549) | (88) |
| Other (expense) income, net | (434) | (157) | 5 |
| Interest expense, net | (419) | (385) | (212) |
| Income (loss) before income taxes | 16 | (1,091) | (295) |
| Income tax benefit (expense) | 146 | (120) | (75) |
| Net income (loss) | 162 | (1,211) | (370) |
| Net gain (loss) attributable to non-controlling interests and redeemable non-controlling interests | 53 | 13 | (1) |
| Adjustment of redeemable non-controlling interest to redemption value | 66 | (2) | 63 |
| Net income (loss) attributable to Flutter shareholders | 43 | (1,222) | (432) |
| Earnings (loss) per share | |||
| Basic | 0.24 | (6.89) | (2.44) |
| Diluted | 0.24 | (6.89) | (2.44) |
| Other comprehensive (loss) income, after tax: | |||
| Effective portion of changes in fair value of cash flow hedges | (12) | (121) | 80 |
| Fair value of cash flow hedges transferred to the income statement | 32 | 93 | (72) |
| Changes in excluded components of fair value hedge | (1) | — | — |
| Foreign exchange gain on net investment hedges | 73 | 30 | (145) |
| Foreign exchange (loss) gain on translation of the net assets of foreign currency denominated entities | (554) | 357 | (896) |
| Fair value movements on available for sale debt instruments | — | 5 | (4) |
| Other comprehensive (loss) income | (462) | 364 | (1,037) |
| Other comprehensive (loss) income attributable to Flutter shareholders | (444) | 299 | (926) |
| Other comprehensive (loss) income attributable to non-controlling interest and redeemable non-controlling interest | (18) | 65 | (111) |
| Total comprehensive loss for the year | $(300) | $(847) | $(1,407) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.