Sports Entertainment Gaming Global (LTRYW) Operating Expenses (2017 - 2025)
Sports Entertainment Gaming Global (LTRYW) posted quarterly Operating Expenses of $4.0 million for Q2 2025, down 34.82% year-over-year from $6.1 million in Q2 2024, and down 34.82% on a QoQ basis from $6.1 million in Q2 2024.
Sports Entertainment Gaming Global (LTRYW) Operating Expenses (2017 - 2025) Analysis & Trends
Sports Entertainment Gaming Global has reported Operating Expenses for 9 years, with the latest figure at $4.0 million in Q2 2025.
- Operating Expenses for Q2 2025 came in at $4.0 million, down 34.82% year-over-year; the trailing twelve-month figure through Dec 2025 was $4.0 million (down 34.82% YoY), and the FY2025 annual result was $17.7 million, down 6.64% from the prior year.
- Operating Expenses eased to $4.0 million in Q2 2025, from $6.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $31.9 million in Q1 2022 and troughed at $734670.0 in Q2 2021.
- A 5-year average of $8.7 million and a median of $5.0 million in 2021 frame the typical range for Operating Expenses.
- The largest YoY upside for Operating Expenses was 2068.82% in 2022 against a maximum downside of 80.32% in 2022.
- A 5-year view of Operating Expenses shows it stood at $19.6 million in 2021, then slumped by 80.32% to $3.8 million in 2022, then fell by 12.5% to $3.4 million in 2023, then jumped by 81.18% to $6.1 million in 2024, then plunged by 34.82% to $4.0 million in 2025.
- Per Business Quant data, the three most recent Operating Expenses figures were $4.0 million in Q2 2025, $6.1 million in Q2 2024, and $3.4 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.33 Bn | 1.71 Bn | 1.56 Bn |
| 2 | DraftKings | 12.93 Bn | 11.93 Bn | 551.45 Mn | 491.98 Mn |
| 3 | Super Group (SGHC) | 6.71 Bn | 6.29 Bn | - | -470.00 Mn |
| 4 | Churchill Downs | 6.55 Bn | 6.36 Bn | 712.00 Mn | 623.00 Mn |
| 5 | Rush Street Interactive | 2.84 Bn | 2.50 Bn | 139.66 Mn | 347.55 Mn |
| 6 | Brightstar Lottery | 2.24 Bn | 970.09 Mn | 297.00 Mn | 60.00 Mn |
| 7 | Accel Entertainment | 982.83 Mn | 727.38 Mn | 115.51 Mn | 336.07 Mn |
| 8 | Codere Online Luxembourg | 416.37 Mn | 346.95 Mn | - | - |
| 9 | Inspired Entertainment | 174.90 Mn | 150.50 Mn | 52.10 Mn | 24.20 Mn |
| 10 | Sports Entertainment Gaming Global | 3,264.34 | -168,259.66 | - | 3,411.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 3.98 Mn |
| Jun 30, 2024 | 6.10 Mn |
| Sep 30, 2023 | 3.37 Mn |
| Jun 30, 2023 | 4.77 Mn |
| Dec 31, 2022 | 3.85 Mn |
| Sep 30, 2022 | 6.53 Mn |
| Jun 30, 2022 | 15.93 Mn |
| Mar 31, 2022 | 31.93 Mn |
| Dec 31, 2021 | 19.56 Mn |
| Sep 30, 2021 | 2.70 Mn |
| Jun 30, 2021 | 734,670.00 |
| Mar 31, 2021 | 5.27 Mn |
| Dec 31, 2020 | 7.09 Mn |
| Sep 30, 2020 | 532,732.00 |
| Jun 30, 2020 | 334,353.00 |
| Mar 31, 2020 | 262,564.00 |
| Dec 31, 2019 | 316,440.00 |
| Sep 30, 2019 | 244,001.00 |
| Jun 30, 2019 | 313,480.00 |
| Mar 31, 2019 | 226,217.00 |