Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| | 10-K | 10-K | 10-K | 10-K | S-1/A |
| Revenues: |
| B2B | 97.4 | 75.6 | | | |
| B2C | 1,198.6 | 538.9 | 323.4 | | |
| Draft Kings Inc | 1,198.7 | 544.5 | 318.1 | 219.4 | 191.8 |
| B2C segments | | | | 226.3 | |
| Total revenues | 1,296.0 | 614.5 | 323.4 | 226.3 | |
| Revenue growth [+] | 110.9% | 90.0% | 42.9% | | |
| B2B | 28.8% | | | | |
| B2C | 122.4% | 66.6% | | | |
| Draft Kings Inc | 120.2% | 71.1% | 45.0% | 14.4% | |
| Cost of goods sold | 794.2 | 346.6 | 103.9 | 48.7 | |
| Gross profit | 501.9 | 267.9 | 219.5 | 177.6 | |
| Gross margin | 38.7% | 43.6% | 67.9% | 78.5% | |
| Selling, general and administrative [+] | 1,809.8 | 942.6 | 310.1 | 221.5 | |
| Sales and marketing | 981.5 | 495.2 | 185.3 | 145.6 | |
| General and administrative | 828.3 | 447.4 | 124.9 | 75.9 | |
| Equity in earnings | -2.7 | -0.6 | 0.5 | | |
| Other operating expenses | 253.7 | 168.6 | 55.9 | 32.9 | |
| EBITDA [+] | -1,443.2 | -766.4 | -132.4 | -69.3 | |
| EBITDA growth | 88.3% | 478.7% | 91.1% | | |
| EBITDA margin | -111.4% | -124.7% | -40.9% | -30.6% | |
| Depreciation | 13.8 | 9.3 | 4.1 | 1.2 | |
| EBITA | -1,457.0 | -775.7 | -136.6 | -70.5 | |
| EBITA margin | -112.4% | -126.2% | -42.2% | -31.1% | |
| Amortization of intangibles | 107.3 | 68.1 | 9.5 | 6.3 | |
| EBIT [+] | -1,564.3 | -843.8 | -146.1 | -76.8 | |
| EBIT growth | 85.4% | 477.7% | 90.2% | | |
| EBIT margin | -120.7% | -137.3% | -45.2% | -33.9% | |
| Interest income, net [+] | 2.0 | -1.1 | 1.3 | 0.7 | |
| Interest expense | | 1.1 | | | |
| Interest income | 2.0 | | 1.3 | 0.7 | |
| Other income (expense), net [+] | 44.7 | -387.0 | 2.5 | | |
| Change in fair value of warrants | 30.1 | -387.6 | | | |
| Other | 12.0 | | 3.0 | | |
| Pre-tax income | -1,517.6 | -1,231.9 | -142.2 | -76.1 | |
| Income taxes | 8.3 | -0.6 | 0.1 | 0.1 | |
| Tax rate | | 0.1% | | | |
| Net income | -1,523.2 | -1,231.8 | -142.7 | -76.2 | |
| Net margin | -117.5% | -200.5% | -44.1% | -33.7% | |
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| Basic EPS [+] | ($3.78) | ($4.03) | ($0.77) | ($0.45) | |
| Growth | -6.1% | 421.3% | 72.2% | | |
| Diluted EPS [+] | ($3.78) | ($4.03) | ($0.77) | ($0.45) | |
| Growth | -6.1% | 421.3% | 72.2% | | |
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| Shares outstanding (basic) [+] | 402.5 | 305.6 | 184.6 | 169.8 | |
| Growth | 31.7% | 65.5% | 8.7% | | |
| Shares outstanding (diluted) [+] | 402.5 | 305.6 | 184.6 | 169.8 | |
| Growth | 31.7% | 65.5% | 8.7% | | |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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