DraftKings (DKNG) Exchange Rate Effect (2021)
DraftKings (DKNG) posted quarterly Exchange Rate Effect of -$1.3 million for Q4 2021, down 222.74% quarter-over-quarter from $1.1 million in Q3 2021.
DraftKings (DKNG) Exchange Rate Effect (2021) Analysis & Trends
DraftKings (DKNG) has reported Exchange Rate Effect for 1 consecutive years, with -$1.3 million the latest figure, recorded in Q4 2021.
- In Q4 2021, Exchange Rate Effect changed N/A year-over-year to -$1.3 million; the TTM figure through Sep 2022 stood at -$1.3 million (changed N/A YoY), while the FY2021 annual figure was $583000.0, up 262.85% from the prior year.
- Exchange Rate Effect eased to -$1.3 million in Q4 2021 per DKNG's latest filing, from $1.1 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $1.8 million in Q1 2021 and bottomed at -$1.3 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.83 Bn | 16.26 Bn | 1.71 Bn | -22.00 Mn |
| 2 | DraftKings | 12.78 Bn | 11.79 Bn | 551.45 Mn | - |
| 3 | Super Group (SGHC) | 6.67 Bn | 6.25 Bn | - | - |
| 4 | Churchill Downs | 6.49 Bn | 6.30 Bn | 712.00 Mn | - |
| 5 | Rush Street Interactive | 2.77 Bn | 2.43 Bn | 139.66 Mn | 10.48 Mn |
| 6 | Brightstar Lottery | 2.22 Bn | 941.69 Mn | 297.00 Mn | -14.00 Mn |
| 7 | Accel Entertainment | 963.96 Mn | 708.51 Mn | 115.51 Mn | - |
| 8 | Codere Online Luxembourg | 414.78 Mn | 345.35 Mn | - | - |
| 9 | Inspired Entertainment | 172.01 Mn | 147.61 Mn | 52.10 Mn | 500,000.00 |
| 10 | Grandstand | 71.36 Mn | 62.55 Mn | 31.83 Mn | -149,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | -1.30 Mn |
| Dec 31, 2021 | -1.30 Mn |
| Sep 30, 2021 | 1.06 Mn |
| Sep 30, 2021 | 1.06 Mn |
| Jun 30, 2021 | -950,000.00 |
| Jun 30, 2021 | -950,000.00 |
| Mar 31, 2021 | 1.77 Mn |
| Mar 31, 2021 | 1.77 Mn |