Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

Product and technology

General and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DraftKings

DraftKings, Inc. provides online fantasy sports and sports betting services. It provides users with daily fantasy sports, sports betting and iGaming opportunities, and is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. The company was founded on August 6, 2021 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DraftKings reports robust Q4 performance, eyes growth through innovation

DraftKings' strong Q4 2022 performance and focus on operational efficiency position the company for continued growth and profitability.
While facing industry competition and regulatory challenges, DraftKings leverages strengths in innovation and customer acquisition for market success.
Opportunities in revenue growth, international expansion, and product innovation align with DraftKings' strategic goals for sustainable market expansion.
Strategic responses to challenges and a focus on customer retention and operational excellence are key to DraftKings' future success in the dynamic market landscape.

DraftKings excels in Q1, eyes profitability and market leadership

DraftKings' strong financial performance, market leadership, and strategic focus on customer engagement position it well for continued success. With a clear roadmap for profitability, the company is leveraging unique sports wagering opportunities and product innovations to drive growth and navigate market challenges.

DraftKings reports stellar Q2 results, eyes growth amid challenges

DraftKings delivered a strong Q2 performance with revenue growth and positive adjusted EBITDA, driven by product enhancements and strong player engagement.
The company's focus on customer experience, product differentiation, and partnerships positions it well for future growth despite challenges like tax rates and expense management.
Opportunities lie in upcoming sports seasons, AI initiatives, and market expansion, highlighting DraftKings' potential for continued success and innovation.

DraftKings surpasses Q3 expectations, eyes iGaming growth opportunities

DraftKings' Q3 performance exceeded expectations, with strong revenue growth and positive EBITDA outlook for 2024. The company faces challenges in maintaining market share growth and managing revenue slowdown. Opportunities lie in iGaming expansion and product innovation.

DraftKings excels in revenue growth, eyes strategic acquisitions for expansion

DraftKings reports robust financial performance with revenue and EBITDA growth milestones.
Strategic acquisitions and customer-centric initiatives strengthen market position and engagement.
Challenges in Q4 and capital optimization efforts highlight areas for strategic focus.
Anticipated growth opportunities in product innovation, market expansion, and legislative developments.

DraftKings excels in Q1 2024, raises guidance amid market opportunities

DraftKings' strong financial performance in Q1 2024 reflects revenue growth, increased guidance, and a focus on operational efficiency. The company's strategic initiatives in product innovation, responsible gaming, and market expansion position it for sustained growth. Challenges in managing state launches and tax rate increases require proactive strategies.

DraftKings reports robust Q3 revenue growth and eyes Missouri expansion

DraftKings delivered strong revenue growth and margin improvement in Q3 2024, driven by Online Sportsbook and iGaming segments.
While facing challenges in achieving profitability and optimizing operational efficiency, the company remains agile in capitalizing on new market opportunities.
With a focus on expanding into Missouri, robust fiscal year 2025 guidance, and international market expansion plans, DraftKings is poised for continued growth and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

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Total equity

Stockholders equity

Minority interest

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Book value per share

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Change in working capital

Cash from investing

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Purchase/sale of investments

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Change in stock

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Cash from other sources

Net change in cash

Free cash flow

DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

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The shares of Draftkings Inc (NASDAQ:DKNG) are down 1.6% at $70.84 at last check, but earlier hit a record high of $74.38, after Loop Capital reiterated its view of the equity as a "top pick.

Draftkings Stock Hits Fresh High on Analyst Praise

DKNG stock has done well under tough economic conditions. The stimulus and the pandemic gave it a shot of adrenaline.

Place Your Bets on DraftKings Stock Because It Is Going Places

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The stimulus checks are on their way out the door to the American public. The government announced last week that immunizations are well ahead of schedule since the process was reformed after the new administration took office in January.

Reopening Could Kick Off Live Sports Stocks (NASDAQ: DKNG) (NYSE: FUBO) (OTC US: BTDG) (NASDAQ: CHDN)

DraftKings and Steve Case: Why the co-founder of AOL rolled the dice.

DraftKings and how AOL co-founder Steve Case made a killing

Shares of sports-betting platforms DraftKings Inc. and Penn National Gaming Inc. rallied Friday as March Madness gets ready to tip off.

March Madness tipoff boosts DraftKings, Penn National shares

Many sports betting operators could cash in even more than expected because of this opportunity.

DraftKings' In-Game Betting Could Be Very Profitable, Analyst Says

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The Madness is about to begin! No, we aren't talking about the stock market, we are talking about the NCAA Basketball Tournament that dominates the sports world every March.

2 stocks for March Madness: Penn vs DraftKings:

March Madness begins Thursday, and most of the $1 billion in bets expected to be made on the basketball tournament will come online. The post DraftKings, Gambling Stocks To Cash In On Biggest Sports-Betting Event appeared first on Investor's Business Daily.

DraftKings, Gambling Stocks To Cash In On Biggest Sports-Betting Event

DraftKings is one of the top IPO stocks to watch, as gambling legalization gains steam. Here is what the fundamentals and technical analysis say about buying DKNG stock now.

DraftKings Stock: Is It A Buy Right Now After Deal With UFC?

BOSTON, March 16, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) announced today that it priced a private offering of $1.1 billion aggregate principal amount of 0% Convertible Senior Notes due 2028 (the “Notes”). The Notes will only be sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also granted to the initial purchasers of the Notes a 13-day option to purchase up to an additional $165 million aggregate principal amount of Notes. The sale is expected to close on March 18, 2021, subject to satisfaction of customary closing conditions. The size of the offering was increased from the previously announced $1 billion aggregate principal amount of the Notes.

DraftKings Inc. Announces Pricing of $1.1 Billion Upsized Offering of Convertible Senior Notes

DraftKings Inc. announced Tuesday the pricing of its upsized $1.1 billion private offering of convertible senior notes, which will pay 0% interest and mature on March 15, 2028. On Monday, the digital sports gaming company said it was planning a $1.0 billion convertible debt offering.

DraftKings upsized $1.1 billion notes offering prices, with initial conversion rate 40% above stock's last close

Legal sports betting for the event could even reach $1.5 billion, analysis says.

DraftKings, Penn National Could Cash In on $1 Billion March Madness

Investors appear to be taking a dim view of the potential dilution.

DraftKings Offers $1 Billion in Convertible Notes Despite Being Flush With Cash

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NEW YORK--(BUSINESS WIRE)---- $DKNG #esports--Elys Game Technology to Participate at M Vest LLC and Maxim Group LLC Inaugural Emerging Growth Virtual Conference.

Elys Game Technology to Participate at M Vest LLC and Maxim Group LLC Inaugural Emerging Growth Virtual Conference

Shares of DraftKings Inc. took a 3.6% hit in premarket trading Monday, after the digital sports gaming company announced plans to offer $1 billion worth of convertible debt. The private offering will be made to qualified institutional investors.

DraftKings stock drops after plans for $1 billion in convertible debt offering

BOSTON, March 15, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) announced today its intention to offer $1 billion aggregate principal amount of Convertible Senior Notes due 2028 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), subject to market conditions and other factors. The Company also expects to grant to the initial purchasers of the Notes a 13-day option to purchase up to an additional $150 million aggregate principal amount of Notes.

DraftKings Inc. Announces Proposed Offering of $1 Billion of Convertible Senior Notes

NIKE

Do we dare pit the fast-growing fantasy sports and gambling upstart with the athletic footwear icon? Just do it!

Better Buy: DraftKings vs. Nike

DraftKings needs to show positive cash flow in the near future to support the high stock price. The post Betting on DraftKings Shares Now Is, Yes, a Gamble appeared first on InvestorPlace.

Betting on DraftKings Shares Now Is, Yes, a Gamble

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Investors should see the current correction in growth stocks as an opportunity to buy shares before the slide reverses and they run higher again. The post 4 Great Growth Stocks That Could Double Your Investment appeared first on InvestorPlace.

4 Great Growth Stocks That Could Double Your Investment

DraftKings stock, one of this year's hottest gaming plays, is extended after a 50%-plus run. But Roundhill Sports Betting & iGaming offers a way to buy in.

News for DraftKings Stock (DKNG)