DraftKings Inc.
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 D…
Gambling, Resorts & Casinos
US, Boston [HQ]
Cash Flow Statements
7 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Cash Flow (OCF) | -88.00 | -45.00 | -78.00 | -337.00 | -419.00 | -625.00 | -1.00 | |
| Operating Cash (Net) | -88.00 | -45.00 | -78.00 | -337.00 | -419.00 | -625.00 | -1.00 | |
| Accounts Receivable | - - | -4.00 | -1.00 | -13.00 | -1.00 | 2.00 | -138.00 | |
| Accounts Payable | - - | - - | 27.00 | 103.00 | 167.00 | 95.00 | 103.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | |
| Change | -28.00 | 13.00 | 31.00 | 102.00 | 356.00 | 121.00 | 134.00 | |
| Other WC | -28.00 | 18.00 | 31.00 | 116.00 | 358.00 | 23.00 | 169.00 | |
| Investing Activities | ||||||||
| Used Cash (Net) | -7.00 | -26.00 | -42.00 | -227.00 | -195.00 | -208.00 | -90.00 | |
| Capital Expenditure | -7.00 | -26.00 | -42.00 | -47.00 | -98.00 | -103.00 | -113.00 | |
| Purchases of Investments | - - | - - | - - | -1.00 | -25.00 | - - | 24.00 | |
| Sale/Maturity of Investment | - - | - - | - - | 3.00 | -82.00 | - - | 24.00 | |
| Property, Plant, Equipment (P&PE) | -7.00 | -26.00 | -42.00 | -47.00 | -98.00 | -103.00 | -113.00 | |
| Acquisitions (Net) | - - | - - | - - | -179.00 | -64.00 | -96.00 | -24.00 | |
| Other Investing Activities | - - | - - | -25.00 | -2.00 | 75.00 | -8.00 | -1.00 | |
| Financing Activities | ||||||||
| Used Cash (Net) | -118.00 | -140.00 | -79.00 | -2,306.00 | -1,138.00 | -16.00 | -63.00 | |
| Debt Repayment | - - | -1.00 | -71.00 | -44.00 | -1,248.00 | - - | -6.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
- - | - - | 1 | 2,638 | 50 | 34 | 96 | |
| Issued | - - | - - | - - | 2,349.00 | 32.00 | 8.00 | 16.00 | |
| Repurchased | - - | - - | - - | -288.00 | -17.00 | -25.00 | -80.00 | |
| Other Financing Activities | 118.00 | 142.00 | 222.00 | 598.00 | 3,652.00 | -16.00 | 69.00 | |
| Cash Balances | ||||||||
| Begin of Period | 26.00 | 49.00 | 117.00 | 76.00 | 2,104.00 | 2,629.00 | 1,309.00 | |
| End of Period | 49.00 | 117.00 | 76.00 | 1,817.00 | 2,629.00 | 1,778.00 | 1,282.00 | |
| Change | 22.00 | 68.00 | -41.00 | 1,740.00 | 524.00 | -851.00 | -26.00 | |
| Non-Cash Balances | ||||||||
| Depreciation and Amortization | 6.00 | 7.00 | 13.00 | 77.00 | 121.00 | 169.00 | 201.00 | |
| Stock Based Compensation | 4.00 | - - | 17.00 | 325.00 | 683.00 | 578.00 | 398.00 | |
| Other | 4.00 | 1.00 | - - | 3.00 | -41.00 | -43.00 | 59.00 | |
| Highlighted metrics | ||||||||
| Free Cash Flow (FCF) | -96.00 | -72.00 | -121.00 | -385.00 | -517.00 | -729.00 | -115.00 | |
| Cash Conversion Cycle (CCC) | - - | 784.00 | 469.00 | 317.00 | 222.00 | 147.00 | 29.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||
| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | 469.00 |