Flutter Entertainment reported $11.79bn revenue, a 24.6% YoY growth, with a 50% revenue increase in the US.

Flutter Entertainment shares rose on Tuesday, after the company reported revenue of $11.79 billion for the fiscal year ended December 31, 2023, up 24.6% year over year. The company's adjusted EBITDA for the year was $1.874 billion, a 45.4% increase year over year. In the US, where its key subsidiary FanDuel operates, revenue grew by 50%. Flutter Entertainment expects a 30% jump in 2024 core profit due to the strong performance in the US.

March 26, 2024
14 Articles