We see Flutter's financial health as sound. Debt/adjusted EBITDA stood at 4.0 times in 2023. We see this as manageable, given that the company has no meaningful debt due until 2028, when $1.9 billion ...

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Adjusted EBITDA in the fiscal first quarter was $20 million, an increase of 17% versus the prior year period, as productivity and improved promotional efficiency more than offset lower volume.