XNAS
DKNG
Market cap18bUSD
Jun 13, Last price
36.50USD
1D
0.26%
1Q
0.29%
IPO
289.14%
Name
DraftKings Inc
Chart & Performance
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 | FY |
---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
Income | ||||||||
Revenues | 4,767,699 30.07% | 3,665,393 63.60% | 2,240,461 72.87% | |||||
Cost of revenue | 5,376,698 | 4,454,618 | 3,752,217 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | (608,999) | (789,225) | (1,511,756) | |||||
NOPBT Margin | ||||||||
Operating Taxes | (86,341) | 10,170 | (67,866) | |||||
Tax Rate | ||||||||
NOPAT | (522,658) | (799,395) | (1,443,890) | |||||
Net income | (507,285) -36.76% | (802,142) -41.67% | (1,375,092) -9.88% | |||||
Dividends | ||||||||
Dividend yield | ||||||||
Proceeds from repurchase of equity | (150,964) | (80,049) | (16,732) | |||||
BB yield | 0.84% | 0.49% | 0.34% | |||||
Debt | ||||||||
Debt current | 10,993 | 22,998 | 4,253 | |||||
Long-term debt | 1,402,742 | 1,426,913 | 1,394,020 | |||||
Deferred revenue | ||||||||
Other long-term liabilities | 294,019 | 220,353 | 150,567 | |||||
Net debt | 612,248 | 169,128 | 79,021 | |||||
Cash flow | ||||||||
Cash from operating activities | 417,767 | (1,751) | (625,519) | |||||
CAPEX | (10,176) | (20,902) | (103,645) | |||||
Cash from investing activities | (566,601) | (90,360) | (208,766) | |||||
Cash from financing activities | (144,466) | (63,221) | (16,732) | |||||
FCF | (459,583) | (828,016) | (1,460,099) | |||||
Balance | ||||||||
Cash | 788,287 | 1,270,503 | 1,309,172 | |||||
Long term investments | 13,200 | 10,280 | 10,080 | |||||
Excess cash | 563,102 | 1,097,513 | 1,207,229 | |||||
Stockholders' equity | (6,404,653) | (5,897,370) | (5,095,229) | |||||
Invested Capital | 9,044,380 | 8,315,614 | 7,822,286 | |||||
ROIC | ||||||||
ROCE | ||||||||
EV | ||||||||
Common stock shares outstanding | 481,954 | 462,599 | 436,513 | |||||
Price | 37.20 5.53% | 35.25 209.48% | 11.39 -58.54% | |||||
Market cap | 17,928,689 9.95% | 16,306,615 227.98% | 4,971,883 -55.03% | |||||
EV | 18,540,937 | 16,475,743 | 5,050,904 | |||||
EBITDA | (338,145) | (587,305) | (1,342,504) | |||||
EV/EBITDA | ||||||||
Interest | 2,959 | 2,679 | 18,702 | |||||
Interest/NOPBT |