Unless the context requires otherwise, each of the terms the Company, Rush Street Interactive, RSI, we, our, us and similar terms used herein refer collectively to Rush Street Interactive, Inc., a Delaware corporation, and its consolidated subsidiaries. Overview We are a leading online gaming and entertainment company that focuses primarily on online casino and online sports betting in the U.S.…
$25.39
+$0.05 (+0.20%)
Price from 4 days ago
Operating margin is thin at 7.71%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 22.8% YoY with margins expanding 5.0pp.
At 68x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
68.0x earnings, 17.4x 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)
$1.24B
▲ +22.8% YoY
Net Income (TTM)
$31M
▲ +1294.8% YoY
Op. Margin
9.28%
▲ +5.0pp YoY
ROIC
62.15%
▲ +30.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$156M
▲ +55.6% YoY
Op. Cash Flow (TTM)
$156M
▲ +55.0% YoY
Net Debt
-$331M
Net Cash Position
Cash & Equiv.
$337M
5Y CAGR: +32.4%
5Y CAGR: +62.9%
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