XNASDKNG
Market cap18bUSD
Dec 27, Last price
37.92USD
1D
-1.40%
1Q
-6.05%
IPO
288.52%
Name
DraftKings Inc
Chart & Performance
P/E
—
P/S
5.04
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
20.17%
Rev. gr., 5y
74.54%
Revenues
3.67b
+63.60%
Net income
-802m
L-41.67%
CFO
-2m
L-99.72%
Earnings
Feb 13, 2025
Profile
DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 3,665,393 63.60% | 2,240,461 72.87% | 1,296,025 110.90% | ||||
Cost of revenue | 4,454,618 | 3,752,217 | 2,857,642 | ||||
Unusual Expense (Income) | |||||||
NOPBT | (789,225) | (1,511,756) | (1,561,617) | ||||
NOPBT Margin | |||||||
Operating Taxes | 10,170 | (67,866) | 8,269 | ||||
Tax Rate | |||||||
NOPAT | (799,395) | (1,443,890) | (1,569,886) | ||||
Net income | (802,142) -41.67% | (1,375,092) -9.88% | (1,525,913) 80.86% | ||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | (80,049) | (16,732) | 14,342 | ||||
BB yield | 0.49% | 0.34% | -0.13% | ||||
| Debt | |||||||
Debt current | 22,998 | 4,253 | 12,814 | ||||
Long-term debt | 1,426,913 | 1,394,020 | 1,375,948 | ||||
Deferred revenue | |||||||
Other long-term liabilities | 220,353 | 150,567 | 155,308 | ||||
Net debt | 169,128 | 79,021 | (773,955) | ||||
| Cash flow | |||||||
Cash from operating activities | (1,751) | (625,519) | (419,508) | ||||
CAPEX | (20,902) | (103,645) | (98,276) | ||||
Cash from investing activities | (90,360) | (208,766) | (195,022) | ||||
Cash from financing activities | (63,221) | (16,732) | 1,138,813 | ||||
FCF | (828,016) | (1,460,099) | (1,570,832) | ||||
| Balance | |||||||
Cash | 1,270,503 | 1,309,172 | 2,152,892 | ||||
Long term investments | 10,280 | 10,080 | 9,825 | ||||
Excess cash | 1,097,513 | 1,207,229 | 2,097,916 | ||||
Stockholders' equity | (5,897,370) | (5,095,229) | (3,717,246) | ||||
Invested Capital | 8,315,614 | 7,822,286 | 6,818,876 | ||||
ROIC | |||||||
ROCE | |||||||
| EV | |||||||
Common stock shares outstanding | 462,599 | 436,513 | 402,492 | ||||
Price | 35.25 209.48% | 11.39 -58.54% | 27.47 -41.00% | ||||
Market cap | 16,306,615 227.98% | 4,971,883 -55.03% | 11,056,455 -22.29% | ||||
EV | 16,475,743 | 5,050,904 | 10,282,500 | ||||
EBITDA | (587,305) | (1,342,504) | (1,440,479) | ||||
EV/EBITDA | |||||||
Interest | 2,679 | 18,702 | 1,957 | ||||
Interest/NOPBT | |||||||