FMP
DraftKings Inc.
DKNG
NASDAQ
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.
38.73 USD
0.86 (2.22%)
DKNG Financial Statements
Year
2024
2023
2022
2021
CF from Operating Activities
417.77M
-1.75M
-625.52M
-419.51M
Net Income
-507.29M
-802.14M
-1.38B
-1.52B
Depreciation & Amortization
270.85M
201.92M
169.25M
121.14M
Deferred Income Taxes
-92.73M
5.85M
-73.41M
-15.51M
Stock Based Compensation
381.37M
398.46M
578.8M
683.29M
Change in Working Capital
349.72M
134.88M
121.72M
356.75M
Accounts Receivable
238.2M
3.56M
2.51M
-1.79M
Inventory
0
0
0
-167.93M
Accounts Payable
-18.2M
0
95.27M
167.93M
Other Working Capital
129.71M
131.32M
23.95M
358.54M
Other Non-Cash Items
15.85M
59.28M
-43.9M
-41.98M
CF from Investing Activities
-566.6M
-90.36M
-208.77M
-195.02M
Investments in Property, Plant & Equipment
-10.18M
-20.9M
-103.64M
-98.28M
Net Acquisitions
-441.49M
0
-96.51M
-64.97M
Investment Purchases
0
0
0
-25M
Sales/Maturities of Investments
0
0
0
-82.35M
Other Investing Activites
-114.94M
-69.46M
-8.61M
75.58M
CF from Financing Activities
-144.47M
-63.22M
-16.73M
1.14B
Debt Repayment
0
-6.56M
0
-1.25B
Common Stock Issued
0
0
0
0
Common Stock Repurchased
-150.96M
-80.05M
-25.52M
-17.83M
Dividends Paid
0
0
0
0
Other Financing Activites
6.5M
16.83M
8.79M
-91.38M
Free Cash Flow
407.59M
-115.14M
-729.16M
-517.78M
Operating Cash Flow
417.77M
-1.75M
-625.52M
-419.51M
Capital Expenditures
-10.18M
-113.39M
-103.64M
-98.28M
Cash at Beginning of Period
1.62B
1.78B
2.63B
2.1B
Cash at End of Period
1.33B
1.62B
1.78B
2.63B
Net Change In Cash
-293.3M
-155.33M
-851.02M
524.87M
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
-5.93B
-5.13B
-3.75B
-1.84B
Net Income
-507.29M
-802.14M
-1.38B
-1.53B
Stock Repurchases
-150.96M
-80.05M
-25.52M
-17.83M
Dividend Paid
0
0
0
0
Retained Earnings
-6.44B
-5.93B
-5.13B
-3.75B
Other Distributions
-658.25M
-882.19M
-1.4B
-1.93B
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
125.47M
154.68M
126.06M
109.85M
Annual Depreciation
270.85M
201.92M
169.25M
121.14M
Capital Expenditure
-10.18M
-113.39M
-103.64M
-98.28M
Net PPE
-135.21M
66.14M
60.45M
86.99M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
668.74M
0
270.72M
46.05M
Goodwill (Previous Year)
886.37M
886.37M
615.65M
569.6M
Goodwill
1.56B
886.37M
886.37M
615.65M
All figures are in USD.
