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

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

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.

DraftKings Inc. (NASDAQ: DKNG) has been a leader in daily fantasy sports, with roughly 60% of the U.S.

Why This Analyst Sees Nearly 30% More Upside in DraftKings

In the latest trading session, DraftKings Inc. (DKNG) closed at $50.57, marking a +0.9% move from the previous day.

DraftKings Inc. (DKNG) Outpaces Stock Market Gains: What You Should Know

The two picks are experienced in investment, wealth management, and high-level consulting.

DraftKings Expands Board, Adds Two Female Directors

A new analyst has jumped in the bullish camp for a leader in online sports betting and iGaming.
 The DraftKings Analyst: Macquarie Research analyst Chad Beynon initiates DraftKings Inc (NASDAQ: DKNG) stock with an Outperform rating and a price target of $65.

DraftKings Can Reach $4.3B Revenue By 2030: Macquarie

DENVER, Sept. 24, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that the Company has reached an agreement with the Colorado Rockies to be named both the franchise’s Official Daily Fantasy Operator and the franchise’s first Official Sports Betting Operator. Separately, DraftKings also announced that it has set September 25, 2020, as the grand opening date for DraftKings Sportsbook at Mardi Gras Casino in Black Hawk, Colorado.

DraftKings Deepens its Presence in Colorado with New Colorado Rockies Deal and Opening of Sportsbook at Mardi Gras Casino in Black Hawk

DraftKings stock skyrocketed with news of the return of pro and college football. But near all-time highs, it’s time to rethink this story.

DraftKings Stock Is Running Toward a Viral Defensive Wall

AstraZeneca

Global X Cybersecurity ETF

DocuSign

Amplify Mobile Payments ETF

Proshares Online Retail ETF

Walmart

The novel coronavirus pandemic produced some clear winners. And here are seven companies to invest in that adjusted well to the "new normal.

7 Companies to Invest in That Pivoted Perfectly in the Pandemic

BOSTON, Sept.  23, 2020  (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that the Company’s Board of Directors (the “Board”) has appointed Jocelyn Moore and Valerie Mosley as new directors effective as of September 23, 2020. Ms. Moore and Ms. Mosley fill two newly created seats on the Board, which will now consist of 15 members. The new board appointments follow DraftKings’ recent announcement that Michael Jordan, NBA Hall of Fame inductee, six-time NBA Finals MVP and Chairman of Hornets Sports & Entertainment, will serve as a Special Advisor to the Board.

DraftKings Appoints Two New Members to the Company’s Board of Directors

The sports-betting platform is down much more steeply than the market indexes.

Why DraftKings Stock Is Tumbling Today

With the sports betting boom and legalization just getting under way, DraftKings stock could easily double, if not triple moving forward.
The post 3 Reasons Why DraftKings Stock Is a Screaming Buy Opportunity appeared first on InvestorPlace.

3 Reasons Why DraftKings Stock Is a Screaming Buy Opportunity

The sports betting industry is not a zero sum game, and in fact many professional bettors have accounts with multiple sportsbooks to take part in what is known as line-shopping, or finding the best odds across all of the sportsbooks.

Is DraftKings Truly Gaming Royalty?

DraftKings stock has been hot, racking up big gains as momentum shifts in its favor. While that's great for the bulls, let's wait for a dip.

Why DraftKings Stock Is One to Buy After ESPN Deal

DraftKings stock is a long-term winner, but with it being up 50% over the past month, DKNG is due for a near-term pullback. 
The post It’s Probably Time to Start Taking Profits on DraftKings Stock appeared first on InvestorPlace.

It’s Probably Time to Start Taking Profits on DraftKings Stock

Penn Entertainment

Penn National Gaming, Inc (NASDAQ: PENN) shares are up another 23.5% in the past week in anticipation of Friday’s launch of the new Barstool Sportsbook app.

Short Sellers Have Lost Nearly $1.3B On DraftKings, Penn National

Apple

Disney

Johnson & Johnson

PayPal

Starbucks

Buying and holding long-term stocks is not as popular as zero commission trading in 2020, but it remains the best way to make money in the market.
The post 6 Long-Term Stocks to See You Through the Bad Times appeared first on InvestorPlace.

6 Long-Term Stocks to See You Through the Bad Times

DraftKings: ESPN Deal Opens Up A New Era For Online Sports Betting

It's the latest on a lengthening roster of such arrangements for the company.

DraftKings Signs Exclusive Sponsorship Deal With New York Giants

Pinterest

Taiwan Semiconductor Manufacturing

To celebrate the bull's return, here are the best three breakout stocks to buy. Their technicals are compelling with more upside ahead.

3 Breakout Stocks to Buy for Huge Upside

DraftKings jumped again as the online betting company signed an exclusive deal with NFL's NY Giants. That follows this week's ESPN partnership.

DraftKings Soars Again As Online Betting Company Adds NFL's New York Giants To Its Roster

Esports Entertainment Group

Large & small public and private players vie for position in this multibillion dollar global opportunity.

The $13 Billion Market Opportunity In eGaming

DraftKings Inc (NASDAQ: DKNG) is following up its ESPN deal with an NFL team partnership.

DraftKings Signs Exclusive Sports Betting Deal With New York Giants

Shares of DraftKings Inc. DKNG, -0.84% rallied 1.8% in premarket trading Wednesday, after the company announced a multi-year exclusive deal to be the sports betting, iGaming and daily fantasy operator of the New York Giants football team.

DraftKings stock rallies after exclusive deal with New York Giants football team

The agreement includes DraftKings operating a sportsbook, online wagers and a virtual sports lounge for the NFL team.

DraftKings, New York Giants agree to exclusive sports betting deal

BOSTON, Sept.  16, 2020  (GLOBE NEWSWIRE) -- Today, the New York Giants and DraftKings (Nasdaq: DKNG) announced an exclusive, multi-year arrangement, making DraftKings the Official Sports Betting, iGaming and Daily Fantasy operator of the team. This multi-faceted arrangement grants DraftKings access to official Giants marks and logos, in addition to a first of its kind virtual SportsLounge open on Giants’ game days, providing attendees with unique and innovative ways to engage on all DraftKings platforms.

DraftKings and New York Giants Announce Official, Exclusive Sports Betting Deal

Walt Disney Co's (NYSE: DIS) ESPN announced two separate deals with DraftKings Inc (NASDAQ: DKNG) and Caesars Entertainment (NASDAQ: CZR) on Monday.

News for DraftKings Stock (DKNG)