0ABA.L
DraftKings Inc
Q2 2025 Report
DraftKings Inc (0ABA.L) Q2 2025 Financial Results: Strong Revenue Growth and Improved Profitability...
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Executive Summary
DraftKings Inc reported its QQ4 2024 financial results, revealing a revenue of $1.39 billion, marking a year-over-year increase of 13.15% and a quarter-over-quarter increase of 27.14%. Despite this growth in revenue, the company continues to face significant challenges, with a net loss of $134.85 million, reflecting a 202.21% decline in profitability year-over-year. Management emphasized during the earnings call the strategic initiatives undertaken to improve operational efficiency, including a focus on cost management and customer engagement strategies as key areas going forward. With projections for continued revenue growth supported by an expanding customer base, investors should remain cautiously optimistic, given the company's ongoing financial restructuring efforts.
Key Performance Indicators
Revenue
1.39B
QoQ: 27.14% | YoY:13.15%
Gross Profit
558.13M
40.07% margin
QoQ: 58.08% | YoY:8.54%
Operating Income
-139.18M
QoQ: 53.39% | YoY:-675.59%
Net Income
-134.85M
QoQ: 54.08% | YoY:-202.21%
EPS
-0.28
QoQ: 53.33% | YoY:-193.81%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $1.39 billion - YoY: +13.15% - QoQ: +27.14%
- **Gross Profit:** $558.13 million - YoY: +8.54% - QoQ: +58.08%
- **Net Income:** -$134.85 million - YoY: -202.21% - QoQ: +54.08%
- **EPS:** -$0.28
- **Operating Margin:** -9.99%