We provide users with online and retail sports betting (together, Sportsbook ), online casino ( iGaming ), daily fantasy sports ( DFS ), digital lottery courier, prediction markets and other product offerings. Our mission is to make life more exciting by responsibly creating the world s favorite real-money games, betting experiences and event contracts trading.
$25.40
+$0.39 (+1.56%)
Price from 13 days ago
The business is unprofitable at the operating level (-0.26% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 27.0% YoY with margins expanding 12.5pp.
At 282x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
282.2x earnings, 18.2x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$6.29B
▲ +27.0% YoY
Net Income (TTM)
$59M
▲ +100.7% YoY
Op. Margin
0.58%
▲ +12.5pp YoY
ROIC
0.97%
▲ +20.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$714M
▲ +58.9% YoY
Op. Cash Flow (TTM)
$733M
▲ +58.7% YoY
Net Debt
$343M
Cash & Equiv.
$999M
5Y CAGR: +58.0%
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