Sports Entertainment Gaming Global (LTRYW) Gross Margin (2021 - 2025)
Sports Entertainment Gaming Global (LTRYW) posted quarterly Gross Margin of 15.14% for Q2 2025, down 6713.0% year-over-year from 0.23% in Q2 2024, and down 81.6% on a QoQ basis from 82.27% in Q2 2024.
Sports Entertainment Gaming Global (LTRYW) Gross Margin (2021 - 2025) Analysis & Trends
Sports Entertainment Gaming Global has reported Gross Margin for 5 years, with the latest figure at 15.14% in Q2 2025.
- Gross Margin for Q2 2025 came in at 15.14%, down 6713.0% year-over-year; the trailing twelve-month figure through Jun 2025 was 72.93% (down 1044.0% YoY), and the FY2025 annual result was 38.46%, down 10499.0% from the prior year.
- Gross Margin eased to 15.14% in Q2 2025, from 82.27% in the prior quarter.
- Over five years, Gross Margin peaked at 85.95% in Q4 2022 and troughed at 12.94% in Q3 2021.
- A 5-year average of 52.15% and a median of 61.87% in 2022 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin jumped 7482 bps; it then tumbled 6713 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 84.54% in 2021, then rose by 2 bps to 85.95% in 2022, then retreated by 13 bps to 74.72% in 2023, then climbed by 10 bps to 82.27% in 2024, then slumped by 82 bps to 15.14% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 15.14% in Q2 2025, 82.27% in Q2 2024, and 74.72% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.01 Bn | 16.45 Bn | 1.71 Bn | 39.60% |
| 2 | DraftKings | 12.92 Bn | 11.93 Bn | 551.45 Mn | 38.21% |
| 3 | Super Group (SGHC) | 6.70 Bn | 6.28 Bn | - | - |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn | 72.65% |
| 5 | Rush Street Interactive | 2.80 Bn | 2.46 Bn | 139.66 Mn | 35.47% |
| 6 | Brightstar Lottery | 2.22 Bn | 945.91 Mn | 297.00 Mn | 50.60% |
| 7 | Accel Entertainment | 963.14 Mn | 707.69 Mn | 115.51 Mn | 31.38% |
| 8 | Codere Online Luxembourg | 414.78 Mn | 345.35 Mn | - | - |
| 9 | Inspired Entertainment | 173.45 Mn | 149.05 Mn | 52.10 Mn | 85.69% |
| 10 | Sports Entertainment Gaming Global | 3,565.66 | -167,958.34 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 15.14% |
| Jun 30, 2024 | 82.27% |
| Sep 30, 2023 | 74.72% |
| Jun 30, 2023 | 85.40% |
| Dec 31, 2022 | 85.95% |
| Sep 30, 2022 | 61.87% |
| Jun 30, 2022 | 16.33% |
| Mar 31, 2022 | 34.32% |
| Dec 31, 2021 | 84.54% |
| Sep 30, 2021 | -12.94% |
| Mar 31, 2021 | 46.04% |