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Flutter Results Presentation Deck

Financial Review Statutory Group Income Statement¹ £m Revenue Gross profit EBITDA Overview Depreciation & amortisation Amortisation of acquired intangibles Gain on disposal Operating profit Net interest expense Profit/(loss) before tax Taxation Profit/(loss) after tax H1 2023 4,809 2,801 765 (238) (314) 214 (131) 83 45 128 H1 2022 3,388 2,036 434 (145) (286) 2 5 (57) (51) (61) (112) YOY +42% +38% +76% +64% +10% +3,865% +131% ¹ Variances between statutory P&L and metrics on slide 9 relate to adjusting (i) for Sisal on a pro forma basis, (ii) to reflect growth rates in constant currency terms and (iii) to include SDIS 2 SDIS relate to separately disclosed items, not considered part of the normal business activity of the Group EBITDA includes SDI costs² of £58m primarily due to technology-driven efficiency projects, Sisal integration and US listing costs Depreciation and amortisation increase relates to addition of Sisal in August 2022 Operating profit includes £314m of SDIS relating to amortisation of acquired intangibles Interest cost increase driven by both the increase in debt relating to acquisition of Sisal and increased cost of debt Tax credit of £45m primarily due to recognition of a deferred tax asset on previously unrecognised US tax losses II. 10
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