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DKNG - DraftKings Inc.

NASDAQ -> Consumer Cyclical -> Gambling
Boston, United States
Type: Equity

DKNG price evolution
DKNG
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Current assets
Cash $264.89 $1073.48 $1483.26 $1623.49
Short term investments
Net receivables $406.18 $302.34 $319.28 $349.31
Inventory
Total current assets $1643.9 $1522.83 $1937.97 $2071.37
Long term investments $11.14 $11.38 $10.28
Property, plant & equipment $136.22 $146.94 $150.35 $154.68
Goodwill & intangible assets $2405.39 $1568.72 $1576.99
Total noncurrent assets $2695.35 $1862.68 $1873.5
Total investments $11.14 $11.38 $10.28
Total assets $4272.98 $4218.18 $3800.65 $3944.87
Current liabilities
Accounts payable $700.72 $573.51 $605.88 $639.6
Deferred revenue
Short long term debt $11.48 $11.27 $11.5
Total current liabilities $1646.73 $1373.74 $1441.61 $1549.62
Long term debt $1255.76 $1333.25 $1333.34 $1334.59
Total noncurrent liabilities $1546.01 $1528.06 $1554.94
Total debt $1344.73 $1344.61 $1346.09
Total liabilities $3196.86 $2919.75 $2969.67 $3104.56
Shareholders' equity
Retained earnings -$6306.38 -$6012.69 -$6076.51 -$5933.94
Other shareholder equity $36.49 $36.49 $36.49 $36.49
Total shareholder equity $1298.43 $830.98 $840.31
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $1623.49 $469.65 $2629.84 $2104.98
Short term investments
Net receivables $349.31 $211.18 $97.81 $74.77
Inventory
Total current assets $2071.37 $2084.84 $2753.33 $2194.3
Long term investments $10.28 $10.08 $9.82 $2.96
Property, plant & equipment $154.68 $126.06 $109.85 $108.9
Goodwill & intangible assets $1576.99 $1663.31 $1150.67 $1125.53
Total noncurrent assets $1873.5 $1955.31 $1315.72 $1245.02
Total investments $10.28 $10.08 $9.82 $2.96
Total assets $3944.87 $4040.15 $4069.05 $3439.33
Current liabilities
Accounts payable $639.6 $517.59 $387.74 $223.63
Deferred revenue
Short long term debt $11.5 $4.25 $12.81 $12.84
Total current liabilities $1549.62 $1246.46 $929.42 $554.41
Long term debt $1334.59 $1251.1 $1305.79 $68.78
Total noncurrent liabilities $1554.94 $1471 $1461.1 $188.13
Total debt $1346.09 $1324.69 $1318.61 $81.61
Total liabilities $3104.56 $2717.46 $2390.53 $742.54
Shareholders' equity
Retained earnings -$5933.94 -$5131.8 -$3753.81 -$1843.05
Other shareholder equity $36.49 $36.49 $36.49 $83.53
Total shareholder equity $840.31 $1322.69 $1678.53 $2696.79
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Revenue
Total revenue $1104.44 $1175 $1230.86
Cost of revenue $663.41 $710.07 $716.66
Gross Profit $441.03 $464.93 $514.2
Operating activities
Research & development $92.66 $88.81 $88.16
Selling, general & administrative $380.76 $514.95 $469.85
Total operating expenses $473.42 $603.76 $558.01
Operating income -$32.39 -$138.84 -$43.81
Income from continuing operations
EBIT -$9.07 -$142.27 -$37.07
Income tax expense -$73.57 -$0.35 $6.86
Interest expense $0.68 $0.65 $0.69
Net income
Net income $63.82 -$142.57 -$44.62
Income (for common shares) $63.82 -$142.57 -$44.62
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $3665.39 $2240.46 $1296.03 $614.53
Cost of revenue $2292.18 $1484.27 $794.16 $346.59
Gross Profit $1373.22 $756.19 $501.86 $267.94
Operating activities
Research & development $355.16 $318.25 $253.66 $168.63
Selling, general & administrative $1807.29 $1949.7 $1809.83 $942.57
Total operating expenses $2162.44 $2267.94 $2063.48 $1111.2
Operating income -$789.23 -$1511.76 -$1561.62 -$843.26
Income from continuing operations
EBIT -$789.29 -$1464.56 -$1516.88 -$843.82
Income tax expense $10.17 -$67.87 $8.27 -$0.62
Interest expense $2.68 -$18.7 -$1.96 $1.07
Net income
Net income -$802.14 -$1377.99 -$1523.19 -$844.27
Income (for common shares) -$802.14 -$1377.99 -$1523.19 -$844.27
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Net income $63.82 -$142.57 -$44.62
Operating activities
Depreciation $61.62 $53.18 $55.2
Business acquisitions & disposals -$392.01
Stock-based compensation $90.22 $93.53 $113.52
Total cash flows from operations $29.39 -$70.39 $72.07
Investing activities
Capital expenditures -$23.83 -$25.69 -$21.39
Investments
Total cash flows from investing -$488.18 -$417.33 -$39.2 -$23.44
Financing activities
Dividends paid
Sale and purchase of stock -$21.83 -$30.64 -$12.71
Net borrowings
Total cash flows from financing -$71.37 -$21.83 -$30.64 -$12.71
Effect of exchange rate
Change in cash and equivalents -$466.98 -$409.77 -$140.24
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$802.14 -$1377.99 -$1523.19 -$844.27
Operating activities
Depreciation $201.92 $169.25 $121.14 $77.41
Business acquisitions & disposals -$96.51 -$64.97 -$178.65
Stock-based compensation $398.46 $578.8 $683.29 $325.04
Total cash flows from operations -$1.75 -$625.52 -$419.51 -$337.88
Investing activities
Capital expenditures -$101.28 -$96.43 -$62.47 -$39.24
Investments $24.43 -$25
Total cash flows from investing -$90.36 -$208.77 -$195.02 -$227.34
Financing activities
Dividends paid
Sale and purchase of stock -$63.22 -$16.73 $14.34 $1620.9
Net borrowings $1248.03 $34.33
Total cash flows from financing -$63.22 -$16.73 $1138.81 $2306.3
Effect of exchange rate $0.58 -$0.36
Change in cash and equivalents -$851.02 $524.87 $1740.72
Fundamentals
Market cap $34.76B
Enterprise value N/A
Shares outstanding 880.18M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share 0.30
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 3.69
Net debt/EBITDA N/A
Current ratio 1.00
Quick ratio N/A