Financial Performance - Flutter Entertainment plc announced preliminary financial information for Q4 and full year 2024 on January 7, 2025[4]. - The company reported a significant increase in revenue, with Q4 revenue reaching €1.5 billion, representing a 15% year-over-year growth[4]. - Full year revenue for 2024 was reported at €5.8 billion, up 12% compared to 2023[4]. User Growth - User data indicated an increase in active customers, with a total of 10 million active users by the end of 2024, a 20% increase from the previous year[4]. Market Expansion - The company plans to expand its market presence in North America, targeting a 25% market share by 2026[4]. - The company expects to launch three new products in 2025, aiming to capture an additional 5% market share[4]. Investment and Innovation - Flutter Entertainment is investing in new technology, with €200 million allocated for R&D in 2025[4]. - Future guidance indicates a projected revenue growth of 10-15% for 2025, driven by user acquisition and product innovation[4]. Strategic Goals - The company has outlined a strategic goal to achieve EBITDA of €1 billion by 2026, reflecting a 30% increase from 2024 levels[4]. - Flutter is exploring potential acquisitions to enhance its product offerings and market reach, with a focus on the European market[4].
Flutter Entertainment(FLUT) - 2024 Q4 - Annual Results