Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
4.77B | 4.30B | 3.83B | 3.56B | 3.58B | Gross Profit |
2.35B | 2.36B | 2.07B | 1.76B | 1.77B | EBIT |
412.50M | 610.90M | 476.20M | 273.80M | 152.40M | EBITDA |
-1.80M | 741.00M | 1.00B | 857.00M | 528.70M | Net Income Common Stockholders |
-928.60M | 24.20M | 249.30M | 57.80M | -153.70M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
400.60M | 658.50M | 487.10M | 706.70M | 390.10M | Total Assets |
10.85B | 8.74B | 7.25B | 7.27B | 6.99B | Total Debt |
3.63B | 3.39B | 2.58B | 2.44B | 2.48B | Net Debt |
3.23B | 2.74B | 2.09B | 1.73B | 2.09B | Total Liabilities |
8.06B | 5.42B | 4.08B | 4.19B | 4.13B | Stockholders Equity |
2.27B | 3.13B | 3.17B | 3.03B | 2.81B |
Cash Flow | Free Cash Flow | |||
187.50M | 431.80M | 455.60M | 546.10M | 256.10M | Operating Cash Flow |
448.10M | 643.80M | 631.80M | 710.30M | 435.90M | Investing Cash Flow |
-1.52B | -921.50M | -849.30M | -243.90M | -126.40M | Financing Cash Flow |
829.30M | 442.30M | -30.40M | -119.70M | -333.40M |
Entain plc announced its total voting rights as of April 30, 2025, with 639,541,342 ordinary shares issued, each granting one vote. This figure is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s rules. This announcement underscores Entain’s commitment to transparency and regulatory compliance, reinforcing its position in the global sports betting and gaming industry.
Spark’s Take on GB:ENT Stock
According to Spark, TipRanks’ AI Analyst, GB:ENT is a Neutral.
Entain plc’s stock reflects strong revenue growth and cash flow management, supported by positive corporate events. However, significant profitability challenges, high leverage, and weak valuation metrics highlight risks. Technical indicators suggest cautious trading, contributing to a balanced overall score.
To see Spark’s full report on GB:ENT stock, click here.
Entain plc reported a strong start to FY25, with Q1 Group Net Gaming Revenue (NGR) exceeding expectations. The company’s online performance, particularly in the UK and through its joint venture BetMGM, showed significant growth. The appointment of Stella David as CEO is expected to provide continuity in strategic execution. Entain remains optimistic about its mid-single-digit growth in Online NGR for FY25 and anticipates generating over £0.5 billion in annual cash flow in the medium term. The company’s robust performance underscores its strategic positioning in regulated growth markets, enhancing its potential for sustainable earnings and cash generation.
Spark’s Take on GB:ENT Stock
According to Spark, TipRanks’ AI Analyst, GB:ENT is a Neutral.
Entain plc’s overall score reflects robust revenue growth and strong cash flow management, but significant profitability challenges and high leverage remain concerns. Despite weak technical indicators and valuation issues, positive corporate events offer strategic optimism, contributing positively to the score.
To see Spark’s full report on GB:ENT stock, click here.
Entain plc has announced the appointment of Stella David as its permanent Chief Executive Officer, effective immediately. Stella David, who has been serving as Interim CEO since February 2025, brings extensive leadership experience from various industries and is expected to provide consistency and stability as Entain pursues growth opportunities. Her appointment is seen as a strategic move to enhance the company’s operational capabilities and drive further success, reflecting positively on Entain’s market positioning and stakeholder confidence.
Spark’s Take on GB:ENT Stock
According to Spark, TipRanks’ AI Analyst, GB:ENT is a Neutral.
Entain plc’s overall score reflects robust revenue growth and strong cash flow management, but significant profitability challenges and high leverage remain concerns. Despite weak technical indicators and valuation issues, positive corporate events offer strategic optimism, contributing positively to the score.
To see Spark’s full report on GB:ENT stock, click here.
BetMGM, jointly owned by Entain plc and MGM Resorts, reported a strong start to 2025 with a 34% year-over-year increase in net revenue for the first quarter, driven by significant growth in both iGaming and online sports betting. The company achieved positive EBITDA, reinforcing its strategic approach and confidence in achieving a full-year positive EBITDA for 2025, while maintaining a strong market position in active markets.
Spark’s Take on GB:ENT Stock
According to Spark, TipRanks’ AI Analyst, GB:ENT is a Neutral.
Entain plc’s stock score is driven by robust revenue growth and strong cash flow management, though offset by significant profitability challenges and high leverage. Technical indicators suggest weak momentum, while the valuation highlights short-term concerns. Positive corporate events offer strategic optimism, mitigating some financial risks.
To see Spark’s full report on GB:ENT stock, click here.
Entain plc announced that all resolutions proposed at its 2025 Annual General Meeting were approved. These resolutions included the re-election of directors, approval of the remuneration report, and authorization for share allotment and acquisitions, indicating strong shareholder support and strategic continuity. The approval of these resolutions is expected to reinforce Entain’s operational stability and strategic initiatives, potentially impacting its market position positively.
Spark’s Take on GB:ENT Stock
According to Spark, TipRanks’ AI Analyst, GB:ENT is a Neutral.
Entain plc’s overall stock score reflects a company with strong revenue growth and positive cash flow management, yet facing significant challenges in profitability and high leverage. Technical indicators suggest a bearish trend, while valuation metrics highlight short-term concerns. Positive corporate events offer potential for strategic improvement and executive stability.
To see Spark’s full report on GB:ENT stock, click here.
Entain plc announced that Helen Ashton, a Non-Executive Director of the company, has been appointed as an independent Non-Executive Director of ITV plc, effective from May 13, 2025. This appointment reflects Entain’s strategic positioning and influence within the industry, potentially enhancing its governance and stakeholder engagement.
Spark’s Take on GB:ENT Stock
According to Spark, TipRanks’ AI Analyst, GB:ENT is a Neutral.
Entain plc’s stock score reflects a mix of strong revenue and cash flow generation against the backdrop of profitability challenges and high leverage. Technical indicators show downward momentum, dragging the score lower. While recent corporate events and a reasonable dividend yield provide some positive outlook, significant risks remain due to financial performance concerns.
To see Spark’s full report on GB:ENT stock, click here.
Entain PLC has announced a change in the voting rights held by The Capital Group Companies, Inc., a major shareholder. The group’s voting rights in Entain have decreased slightly from 10.010471% to 9.942983%, as of April 2, 2025. This adjustment reflects a minor shift in the ownership structure, potentially impacting the company’s governance dynamics and shareholder influence.
Entain plc announced a portfolio rebalancing transaction involving the sale and purchase of 803,208 ordinary shares by Eminence Capital, LP, a person closely associated with a non-executive director of Entain. The transaction, which did not alter the aggregate holdings of Eminence Capital, was conducted as a simultaneous cross transaction between its funds and accounts, reflecting compliance with regulatory requirements.
Entain plc announced its total voting rights as of 31 March 2025, with 639,538,206 ordinary shares issued and admitted to trading, each carrying one vote. This declaration is in accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules, providing shareholders with the necessary information for calculating their interests in the company.
Entain plc has released its 2024 Annual Report and Accounts, along with the Notice of its 2025 Annual General Meeting (AGM), which will be held on April 23, 2025. The company announced that Ronald Kramer, a Non-Executive Director, will not seek re-election and will step down from the Board at the AGM. This change in the board may impact the company’s strategic direction and governance.
Entain plc announced the vesting of an award under its Annual and Deferred Bonus Plan, resulting in CFO and Deputy CEO Robert Wood acquiring 28,482 ordinary shares, bringing his total to 255,519 shares. This transaction reflects Entain’s ongoing commitment to rewarding its leadership, potentially strengthening its executive retention and alignment with shareholder interests.
Principal Global Investors, LLC, an investment adviser registered in the United States, has acquired a significant stake in Entain PLC, crossing the 5% threshold of voting rights. This acquisition, involving 32,007,629 ordinary shares, represents 5.007% of the voting rights in Entain, potentially impacting the company’s shareholder dynamics and market perception.
Entain plc announced the granting of awards over ordinary shares to its Executive Directors under the Long Term Incentive Plan (LTIP) and the Annual and Deferred Bonus Plan (ADBP). These awards, which will vest in 2028 subject to certain conditions, are part of the company’s remuneration strategy to align executive interests with shareholder value. The announcement reflects Entain’s commitment to rewarding its leadership team while maintaining a focus on long-term performance and shareholder returns.
Entain plc reported a return to organic growth in FY24, with total group net gaming revenue up by 6%. The company saw strong performance in key markets, including a 41% growth in Brazil and a 21% increase in UK&I online NGR in Q4. BetMGM, Entain’s US joint venture, also showed accelerating momentum, contributing to the group’s positive outlook for 2025. The company’s strategic and operational improvements have led to a higher EBITDA margin and a robust financial position, despite a reported loss after tax due to disclosed items. Entain remains confident in its growth trajectory and market expectations for FY25.
Entain plc announced its total voting rights as of February 28, 2025, with 639,307,125 ordinary shares issued, each carrying one vote. This figure is crucial for shareholders to determine their interest or changes to their interest in the company under the Financial Conduct Authority’s Disclosure and Transparency Rules. This announcement underscores Entain’s commitment to transparency and regulatory compliance, which is vital for maintaining investor confidence and its market position.
Entain plc announced changes to its Board committees, appointing David Satz as the Senior Independent Director. Pierre Bouchut, the Interim Chair, will now chair the Capital Allocation and People & Governance committees, while Helen Ashton joins the Capital Allocation Committee. These changes reflect Entain’s commitment to strengthening its governance structure and ensuring strategic oversight.
Corvex Management LP, an investment adviser registered with the US Securities and Exchange Commission, has notified Entain PLC about a change in major holdings. The notification reveals that Corvex Management holds a total of 5.3249% of voting rights in Entain, combining direct shares and financial instruments. This development may influence Entain’s decision-making processes and strategic direction given Corvex’s considerable voting power.
Entain plc announced that Chief Executive Officer Gavin Isaacs is stepping down, with Stella David, the non-executive Chair, taking over as interim CEO. The company reports strong performance in 2024, with FY2024 Group EBITDA expected to be at the top of its guidance range, and remains optimistic about meeting market expectations for FY2025. This leadership change comes as Entain continues to focus on operational excellence and maximizing shareholder value.
BetMGM provided an update on its 2024 performance, highlighting strategic advancements that are expected to lead to positive EBITDA in 2025. The company reported significant growth in its iGaming and online sports segments, with a strong increase in player engagement and revenue. BetMGM’s strategic improvements and market positioning are expected to result in $2.4 billion to $2.5 billion in net revenue and establish it as a major player in the industry, aiming for $500 million EBITDA in the future.