DraftKings Inc - Class A (NASDAQ:DKNG)
Stock Price:
$35.00
+0.22
(%)
Updated
Nov 10, 2023 09:00 PM GMT+0000
| Market Cap | 16.33B |
|---|---|
| Revenue | 3.29B |
| Gross Profit | 1.23B |
| Shares Out | 466.24M |
| EPS (ttm) | -2.18 |
| PE Ratio | -16.3289 |
| Forward PE | -14.5040 |
| Dividend Rate (ttm) | 0.0000 |
| Dividend Yield | 0.0000 |
| Trading Day | Nov 28 |
|---|---|
| Last Price | $35.00 |
| Previous Close | $35.00 |
| Change ($) | 0.22 |
| Change (%) | 0.00632% |
| Day's Open | $35 |
| Day's Range | $35 + $35.22 |
| Day's Volume | 15.36M |
| 52 Week Range | $11 - $36 |
About DraftKings Inc - Class A
NASDAQ:DKNG stock is currently trading at $35.00 as of 09:00 PM UTC, Nov 10, 2023. Use the financials tab to find out more about DraftKings Inc - Class A's key financial metrics and recent earnings reports, or track its share price in real time on the chart tab. If you would like to buy shares in DraftKings Inc - Class A, our detailed guide explains how to buy DraftKings Inc - Class A stock.
News
Quick info
Country
United States
Employees
3,400
CEO
Jason D. Robins
Address
222 Berkeley Street
5th Floor
Boston
MA
02116
5th Floor
Boston
MA
02116
Phone
6179866744
Website
https://www.draftkings.com
Ticker Symbol
DKNG
Exchange
NASDAQ
Reporting Currency
USD
DraftKings Inc - Class A income statements (2023)
| August 2023 | May 2023 | |
|---|---|---|
| Total Revenue | 874.93M | 769.65M |
| Cost of Revenue | 510.32M | 521.74M |
| Gross Profit | 364.60M | 247.91M |
| Research & Development | 89.91M | 88.09M |
| Selling General & Admin | 343.74M | 549.61M |
| Operating Expense | N.A | N.A |
| Operating Income | 0 | 0 |
| Other Income Expense Net | 0 | 0 |
| EBIT | 0 | 0 |
| Interest Income | 0 | 0 |
| Pretax Income | 0 | 0 |
| Income Tax | 651K | 1.37M |
| Minority Interest | 0 | 0 |
| Net Income | 0 | 0 |
| Net Income Basic | 0 | 0 |
DraftKings Inc - Class A income statements (2022)
| February 2023 | November 2022 | August 2022 | May 2022 | |
|---|---|---|---|---|
| Total Revenue | 855.13M | 501.94M | 466.19M | 417.21M |
| Cost of Revenue | 485.44M | 372.69M | 312.77M | 313.38M |
| Gross Profit | 369.70M | 129.25M | 153.42M | 103.83M |
| Research & Development | 83.39M | 76.30M | 77.20M | 81.35M |
| Selling General & Admin | 518.53M | 507.98M | 385.14M | 538.06M |
| Operating Expense | N.A | N.A | N.A | N.A |
| Operating Income | 0 | 0 | 0 | 0 |
| Other Income Expense Net | 0 | 0 | 0 | 0 |
| EBIT | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 |
| Pretax Income | 0 | 0 | 0 | 0 |
| Income Tax | 9.71M | 3.18M | 0 | 469K |
| Minority Interest | 0 | 0 | 0 | 0 |
| Net Income | 0 | 0 | 0 | 0 |
| Net Income Basic | 0 | 0 | 0 | 0 |
DraftKings Inc - Class A balance sheet (2023)
| August 2023 | May 2023 | February 2023 | |
|---|---|---|---|
| Current Cash | 1.11B | 1.09B | 1.31B |
| Receivables | 141.55M | 165.96M | 211.18M |
| Inventory | 0 | 0 | 0 |
| Current Assets | 1.72B | 1.81B | 2.08B |
| Other Current Assets | 82.66M | 115.19M | 94.84M |
| Short Term Investments | 82.66M | 115.19M | 94.84M |
| Long Term Investments | 1.89B | 1.93B | 1.96B |
| Property/Plant Equipment | 59.93M | 62.27M | 60.10M |
| Good Will | 886.37M | 886.37M | 886.37M |
| Intangible Assets | 734.63M | 754.51M | 776.93M |
| Tangible Assets (Net) | 0 | 0 | 0 |
| Other Assets | 138.32M | 159.60M | 155.87M |
| Total Assets | 3.61B | 3.74B | 4.04B |
| Accounts Payable | 0 | 0 | 10.15M |
| Other Current Liabilities | 1.08B | 1.23B | 1.24B |
| Total Current Liabilities | 1.08B | 1.23B | 1.25B |
| Total Liabilities | 2.59B | 2.72B | 2.72B |
| Long Term Debt | 1.25B | 1.25B | 1.25B |
| Current Long Term Debt | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| Common Stock | 462.43M | 455.08M | 449.62M |
| Treasury Stock | 0 | 0 | 0 |
| Retained Earnings | 0 | 0 | 0 |
| Capital Surplus | N.A | N.A | N.A |
| Shareholder Equity | 1.02B | 1.02B | 1.32B |
| Other Liabilities | 193.70M | 171.38M | 150.57M |
DraftKings Inc - Class A balance sheet (2022)
| November 2022 | August 2022 | May 2022 | |
|---|---|---|---|
| Current Cash | 1.38B | 1.51B | 1.77B |
| Receivables | 130.45M | 101.88M | 104.16M |
| Inventory | 0 | 0 | 0 |
| Current Assets | 2.19B | 2.14B | 2.40B |
| Other Current Assets | 98.63M | 95.25M | 56.56M |
| Short Term Investments | 98.63M | 95.25M | 56.56M |
| Long Term Investments | 2B | 2.02B | 1.35B |
| Property/Plant Equipment | 58.23M | 53.93M | 49.73M |
| Good Will | 894.02M | 894.02M | 615.66M |
| Intangible Assets | 788.65M | 810.53M | 523.02M |
| Tangible Assets (Net) | 0 | 59.34M | 246.92M |
| Other Assets | 174.63M | 171.49M | 90.80M |
| Total Assets | 4.19B | 4.15B | 3.75B |
| Accounts Payable | 0 | 0 | 0 |
| Other Current Liabilities | 1.29B | 0.92B | 0.91B |
| Total Current Liabilities | 1.29B | 0.92B | 0.91B |
| Total Liabilities | 2.76B | 2.39B | 2.36B |
| Long Term Debt | 1.25B | 1.25B | 1.25B |
| Current Long Term Debt | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| Common Stock | 448.33M | 437.03M | 411.07M |
| Treasury Stock | 0 | 0 | 0 |
| Retained Earnings | 0 | 0 | 0 |
| Capital Surplus | N.A | N.A | N.A |
| Shareholder Equity | 1.44B | 1.76B | 1.39B |
| Other Liabilities | 145.25M | 141.31M | 144.21M |
DraftKings Inc - Class A cash flow (2023)
| August 2023 | May 2023 | February 2023 | November 2022 | August 2022 | May 2022 | |
|---|---|---|---|---|---|---|
| Net Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 48.26M | 48.21M | 48.62M | 46.09M | 42.32M | 32.23M |
| Changes in Receivables | 141.55M | 165.96M | 211.18M | 130.45M | 101.88M | 104.16M |
| Changes in Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Change | 1.11B | 1.09B | 1.31B | 1.38B | 1.51B | 1.77B |
| Cash Flow | 0 | 0 | 0 | 52.24M | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | N.A | N.A | N.A | N.A | N.A | N.A |
| Investing Activity (other) | N.A | N.A | N.A | N.A | N.A | N.A |
| Total Investing Cash Flows | 612K | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | N.A | N.A | N.A | N.A | N.A | N.A |
| Net Borrowings | 56.05M | 48.90M | 0 | 0 | 0 | 0 |
| Other Financing Cash Flows | N.A | N.A | N.A | N.A | N.A | N.A |
| Cash Flow Financing | 0 | 0 | 111K | 0 | 0 | 0 |
| Exchange Rate Effect | N.A | N.A | N.A | N.A | N.A | N.A |
DraftKings Inc - Class A dividends
Total Valuation
DraftKings Inc. - Class A has a market cap or net worth of $16.33 billion. The enterprise value is $16.47 billion.
Market Cap
16.33B
Enterprise Value
16.47B
Important Dates
Earnings Date
Feb 15, 2024
Ex-Dividend Date
n.a
Share Statistics
DraftKings Inc. - Class A has 466.24 million shares outstanding.
Shares Outstanding
466.24M
Valuation Ratios
The trailing PE ratio is -16.3289 and the forward PE ratio is -14.5040. DraftKings Inc. - Class A's PEG ratio is -0.4490.
PE Ratio
-16.3289
Forward PE
-14.5040
PS Ratio
4.9600
PB Ratio
20.3800
PEG Ratio
-0.4490
Stock Price Statistics
The stock price has increased by 1.3542%. The beta is 0.0000, so DraftKings Inc. - Class A's price volatility has been lower than the market average.
Beta (1Y)
0.0000
52-Week Price Change
+1.3542%
50-Day Moving Average
30.00
200-Day Moving Average
28.00
Average Volume (30 Days)
16.15M
Income Statement
In the last 12 months, DraftKings Inc. - Class A had revenue of $3.29 billion and earned $1.23 billion in profits. Earnings per share was $-2.18.
Revenue
3.29B
Gross Profit
1.23B
EBITDA
0
Earnings per Share
-2.18
About
Country
United States
Employees
3,400
CEO
Jason D. Robins
Address
222 Berkeley Street
5th Floor
Boston
MA
02116
5th Floor
Boston
MA
02116
Phone
6179866744
Website
https://www.draftkings.com
Ticker Symbol
DKNG
Exchange
NASDAQ
Reporting Currency
USD
Key Executives
Kalish Matthew
President - DraftKings, North America
Bradbury Erik
Chief Accounting Officer
Liberman Paul
President, Global Technology and Product
Robins Jason
Chief Executive Officer and Chairman of the Board. In addition, Jason Robins is the sole holder of 393,013,951 shares of Class B Common Stock of the Issuer, which are not registered securities.
Park Jason
Chief Financial Officer