Stock Earnings

Question 1

What are Draftkings Inc's key financial statements?

Accepted Answer

According to the latest financial statement (Form-10K), Draftkings Inc has a total asset of $4,283, Net loss of $-507

Question 2

What are the key financial ratios for DKNG?

Accepted Answer

Draftkings Inc's Current ratio is 1.3, has a Net margin is -10.63, sales per share of $9.89.

Question 3

How is Draftkings Inc's revenue broken down by segment or geography?

Accepted Answer

Draftkings Inc largest revenue segment is Sportsbook, at a revenue of 2,902,857,000 in the most earnings release.For geography, United States is the primary market for Draftkings Inc, at a revenue of 4,649,136,000.

Question 4

Is Draftkings Inc profitable?

Accepted Answer

no, according to the latest financial statements, Draftkings Inc has a net loss of $-507

Question 5

Does Draftkings Inc have any liabilities?

Accepted Answer

yes, Draftkings Inc has liability of 3,273

Question 6

How many outstanding shares for Draftkings Inc?

Accepted Answer

Draftkings Inc has a total outstanding shares of 882.08

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	5,409	4,767	3,665	2,240	1,296	614
Revenue Growth (YoY)	26%	30%	64%	73%	111%	90%
Cost of Revenue	3,275	2,950	2,292	1,484	794	346
Gross Profit	2,134	1,817	1,373	756	501	267
Selling, General & Admin	2,037	2,002	1,804	1,949	1,809	942
Research & Development	427	397	355	318	253	168
Operating Expenses	2,467	2,399	2,159	2,267	2,063	1,111
Other Non Operating Income (Expenses)	2	-28	-57	50	30	-387
Pretax Income	-309	-593	-791	-1,443	-1,517	-1,231
Income Tax Expense	-6	-86	10	-67	8	0
Net Income	-304	-507	-802	-1,378	-1,523	-1,231
Net Income Growth	-25%	-37%	-42%	-10%	24%	767%
Shares Outstanding (Diluted)	529.45	481.95	462.59	436.5	402.5	305.6
Shares Change (YoY)	2%	4%	6%	8%	32%	-23%
EPS (Diluted)	-0.57	-1.05	-1.73	-3.16	-3.78	-4.03
EPS Growth	-27%	-39%	-45%	-16%	-6%	1,019%
Free Cash Flow	389	311	-103	-721	-481	-233
Free Cash Flow Per Share	0.73	0.64	-0.22	-1.65	-1.19	-0.76
Gross Margin	39.45%	38.11%	37.46%	33.75%	38.65%	43.48%
Operating Margin	-6.15%	-12.2%	-21.44%	-67.45%	-120.44%	-137.29%
Profit Margin	-5.62%	-10.63%	-21.88%	-61.51%	-117.51%	-200.48%
Free Cash Flow Margin	7.19%	6.52%	-2.81%	-32.18%	-37.11%	-37.94%
EBITDA	-42	-312	-585	-1,342	-1,440	-766
EBITDA Margin	-0.77%	-6.54%	-15.96%	-59.91%	-111.11%	-124.75%
D&A For EBITDA	291	270	201	169	121	77
EBIT	-333	-582	-786	-1,511	-1,561	-843
EBIT Margin	-6.15%	-12.2%	-21.44%	-67.45%	-120.44%	-137.29%
Effective Tax Rate	1.94%	14.5%	-1.26%	4.64%	-0.52%	0%

Draftkings Inc (DKNG) Price

DKNG Stock Price Chart

DKNG Income

Follow-Up Questions