DraftKings (DKNG) stock price, revenue, and financials

DraftKings market cap is $19.4 b, and annual revenue was $614.53 m in FY 2020

$19.4 B

DKNG Mkt cap, 21-Jul-2021

$614.5 M

DraftKings Revenue FY, 2020
DraftKings Gross profit (FY, 2020)267.9 M
DraftKings Gross profit margin (FY, 2020), %43.6%
DraftKings Net income (FY, 2020)-1.2 B
DraftKings EBIT (FY, 2020)-843.3 M
DraftKings Cash, 31-Dec-20201.8 B
DraftKings EV17.7 B
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DraftKings Income Statement

Annual

USDFY, 2020

Revenue

614.5m

Cost of goods sold

346.6m

Gross profit

267.9m

Gross profit Margin, %

44%

Sales and marketing expense

495.2m

General and administrative expense

447.4m

Operating expense total

1.1b

EBIT

(843.3m)

EBIT margin, %

(137%)

Interest expense

1.1m

Investment income

(566.0k)

Pre tax profit

(1.2b)

Income tax expense

(622.0k)

Net Income

(1.2b)

Quarterly

USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

70.9m

Cost of goods sold

47.3m

Gross profit

23.6m

Gross profit Margin, %

33%

Sales and marketing expense

46.2m

General and administrative expense

185.7k247.4k718.8k107.3m

Operating expense total

185.7k247.4k718.8k184.0m

EBIT

(185.7k)(247.4k)(718.8k)(160.4m)

EBIT margin, %

(226%)

Interest expense

588.0k

Interest income

1.2m2.2m1.4m

Investment income

(82.0k)

Pre tax profit

1.0m1.9m725.7k(161.0m)

Income tax expense

212.0k409.2k246.3k323.0k

Net Income

797.4k1.5m479.4k(161.4m)

DraftKings Balance Sheet

Annual

USDFY, 2019FY, 2020

Cash

491.2k1.8b

Accounts Receivable

44.5m

Prepaid Expenses

319.2k14.6m

Current Assets

810.5k2.2b

PP&E

40.8m

Goodwill

569.6m

Total Assets

404.8m3.4b

Accounts Payable

1.5m28.1m

Short-term debt

Current Liabilities

1.5m554.4m

Long-term debt

68.8m

Total Debt

81.6m

Total Liabilities

15.5m808.0m

Additional Paid-in Capital

2.7m5.1b

Retained Earnings

2.3m(2.2b)

Total Equity

5.0m2.6b

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

81 x1.3 x

Quarterly

USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

1.1m870.9k157.8k1.2b

Accounts Receivable

35.1m

Prepaid Expenses

327.7k280.6k93.3k24.7m

Current Assets

1.5m1.2m251.1k1.5b

PP&E

37.0m

Goodwill

480.6m

Total Assets

402.3m403.8m405.3m2.5b

Accounts Payable

518.3k470.4k1.5m122.9m

Current Liabilities

518.3k470.4k1.5m270.0m

Total Liabilities

14.5m14.5m15.5m324.8m

Additional Paid-in Capital

4.2m2.7m2.2m3.4b

Retained Earnings

796.7k2.3m2.8m(1.2b)

Total Equity

5.0m5.0m5.0m2.2b

Financial Leverage

80.5 x80.8 x81.1 x1.1 x

DraftKings Cash Flow

Annual

USDFY, 2019FY, 2020

Net Income

(1.2b)

Depreciation and Amortization

77.4m

Accounts Receivable

(13.8m)

Accounts Payable

103.6m

Cash From Operating Activities

(337.9m)

Purchases of PP&E

(11.8m)

Cash From Investing Activities

(227.3m)

Short-term Borrowings

(44.5m)

Long-term Borrowings

(60.7k)

Cash From Financing Activities

2.3b

Net Change in Cash

1.7b

Interest Paid

417.0k

Income Taxes Paid

1.4m

Quarterly

USDQ1, 2020Q2, 2020

Net Income

479.4k(230.1m)

Depreciation and Amortization

23.4m

Accounts Receivable

(6.3m)

Accounts Payable

2.2k11.7m

Cash From Operating Activities

(736.9k)(135.0m)

Purchases of PP&E

(3.3m)

Cash From Investing Activities

403.5k(198.7m)

Long-term Borrowings

(6.7m)

Cash From Financing Activities

1.5b

Net Change in Cash

(333.5k)1.2b

Interest Paid

417.0k

DraftKings Ratios

USDQ2, 2019

Financial Leverage

80.5 x

DraftKings Human Capital

Gender

Y, 2017
Male, percent81%
Female, percent19%

Ethnicity

Y, 2017
Asian, percent10%
Hispanic, percent7%
White, percent78%
Other5%

DraftKings Employee Rating

4.4244 votes
Culture & Values
4.4
Work/Life Balance
4
Senior Management
4
Salary & Benefits
4.3
Career Opportunities
4.2
Source