Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Entain plc is a FTSE100-listed company and one of the world's largest sports betting and gaming groups, operating exclusively in regulated and regulating markets both online and in retail sectors. Formerly known as GVC Holdings, it offers a wide array of gaming and sports betting products through an unparalleled portfolio of more than 35 iconic brands, including Ladbrokes, Coral, bwin, Sportingbet, partypoker, BetMGM, Neds, and Foxy Bingo. These brands cater to diverse customer needs across over 30 markets globally, leveraging local expertise backed by advanced global technology, data insights, and omnichannel propositions. In 2024, Entain reported group revenue of £5.1 billion, up 7% year-over-year, with online net gaming revenue at £3.7 billion and underlying EBITDA at £1.1 billion, all derived from sustainable, regulated operations. The company emphasizes player protection, sustainability, and creating superior customer experiences, positioning it as a leader in a dynamic industry focused on growth and innovation.
Operating margin is thin at 9.43%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 3.3%, steady but not accelerating. Free cash flow declined 24% despite revenue growth, conversion is weakening.
Free cash flow declined 24% versus the prior year, cash generation momentum has weakened. Net debt of £3.64B represents 17.0x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
£5.26B
▲ +3.3% YoY
Net Income (TTM)
-£681M
▼ -47.6% YoY
Op. Margin
9.43%
▲ +0.9pp YoY
ROIC
6.93%
▲ +1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£215M
▼ -23.6% YoY
Op. Cash Flow (TTM)
£321M
▼ -14.6% YoY
Net Debt
£3.64B
Cash & Equiv.
£350M
3Y CAGR: +7.0%
3Y CAGR: -20.6%
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