The Motley Fool

AUGUST 24, 2024

million Canadian dollars ($61 million) Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) also rose by 87% to CA$4.9 The risk I see is that in a worst-case scenario, legalization doesn't take place in the U.S. million ($3.6 million), while free cash flow came in at a positive CA$6.5

Legal 246

Legal Earnings Before Interest Amortization Depreciation 246

The Motley Fool

OCTOBER 7, 2024

Supreme Court gave states the freedom to decide how and if they'd legalize and regulate sports betting. It expects its fiscal 2025 adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to be between $900 million and $1 billion, and that profitability should continue. Since then, the number of U.S.

Earnings Before Interest 244

Earnings Before Interest Amortization Depreciation Legal 244

The Motley Fool

DECEMBER 10, 2023

Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. Over 20 states have legalized online sports betting with tens of billions of dollars spent yearly by gamblers betting on football, basketball, and more through these online portals.

Legal 245

Legal Earnings Before Interest Amortization Depreciation 245

The Motley Fool

MAY 12, 2024

It has been reducing the scale of its operations to become leaner, while also focusing on the medicinal market -- which would likely be legalized before the recreational market. It did post a profit, but that was on an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) basis.

Legal 246

Legal Earnings Before Interest Amortization Depreciation 246

The Motley Fool

APRIL 17, 2024

One thing you should know off the bat is that marijuana legalization isn't inevitable in the U.S., This wasn't an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) profit, which many cannabis companies often focus on. They're also burning through tons of cash.

Legal 189

Legal Investing Prospects Earnings Before Interest 189

The Motley Fool

JANUARY 6, 2024

The company expects to achieve a manageable net debt-to-adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) ratio of 2.5 There was $129 billion in net debt on AT&T's balance sheet at the end of September, which isn't as frightening as it might seem. in the first half of 2025.

Investing 240

Investing Debt Earnings Before Interest Amortization 240

The Motley Fool

DECEMBER 28, 2023

The company is paying about 10 times estimated 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for these assets. That implies they will supply it with about $200 million of incremental earnings next year. That's a decent amount of additional earnings for a company on track to produce $6.6 billion to $6.8

Prospects 246

Prospects Earnings Before Interest Amortization Depreciation 246

The Motley Fool

JUNE 15, 2023

Last year, the company said that it expects the new segment to be profitable on an adjusted earnings before interest, taxes, depreciation and amortization ( EBITDA ) basis by fiscal 2024 (the company's year ends in August). healthcare business to become profitable. Walgreens' stock is trading at just six times its trailing earnings.

Earnings Before Interest 246

Earnings Before Interest Amortization Depreciation Legal 246

The Motley Fool

MAY 29, 2024

The stock has always been a play on states' continued legalization of online sports and casino betting. This has steadily played out, with Vermont and North Carolina the latest to legalize sports betting. Florida has legalized online sports betting solely for the Seminole Tribe, although that action is being challenged in court.

Legal 130

Legal Enterprise Values Depreciation Earnings Before Interest 130

The Motley Fool

SEPTEMBER 10, 2024

With sports betting now legal in 38 states, it's easy to presume DraftKings ' (NASDAQ: DKNG) highest-growth era is in the past. More states are apt to legalize sports-based wagering, but that could take more time and effort than was needed to get the first 38 on board. It takes time to get things going The U.S. billion the same year.

Legal 130

Legal Earnings Before Interest Amortization Depreciation 130

The Motley Fool

JULY 18, 2024

A legalization domino effect could expand its total address market When the U.S. Supreme Court ruled in May 2018 that states could decide if and how to regulate sports betting, only five states had legalized it: Delaware, Nevada, New Jersey, Mississippi, and West Virginia. As of today, that number has jumped to 27. billion from $4.78

Legal 130

Legal Initial Public Offering Earnings Before Interest Amortization 130

The Motley Fool

JANUARY 9, 2024

Supreme Court declared the Professional and Amateur Sports Protection Act (PASPA) unconstitutional, paving the way for states to have the power to choose whether they wanted to legalize and regulate sports betting. had legalized some form of sports betting and were up and running. Legalization efforts seem to be gaining momentum.

Legal 130

Legal Earnings Before Interest Amortization Depreciation 130

The Motley Fool

AUGUST 8, 2024

Supreme Court opened the door for sports betting legalization to states in May 2018, and since then, the number of online sports betting (OSB) users has skyrocketed. A short-term risk to its customer acquisitions and retention An interesting move from DraftKings involves how it plans to handle high taxes in select states.

Initial Public Offering 130

Initial Public Offering Taxes Earnings Before Interest Amortization 130

The Motley Fool

MAY 8, 2024

Much of this comprised subscription revenue for the company's suite of legal services. Meanwhile, adjusted earnings before interest, taxes, depreciation and amortization ( EBITDA ) should land at $135 million to $145 million. That line item was a shade under $108 million, for growth of 10%. million, or $0.09 per diluted share.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Legal 130

The Motley Fool

MAY 5, 2024

Why buy DraftKings stock The legalization and adoption of online gambling and sports betting continues to play out, as DraftKings launched its online sportsbook in Vermont and North Carolina in the first quarter. Benchmark Co. DraftKings' operating loss significantly narrowed from $389 million in the year-ago quarter to $138 million.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Legal 130

The Motley Fool

FEBRUARY 17, 2024

This has a lot of potential, thanks to the spread of legalized gambling throughout the U.S., Against revenues just short of $32 million for the quarter, ESPN Bet posted an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of nearly $334 million. but it isn't a money maker yet.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Legal 130

The Motley Fool

JANUARY 7, 2024

In 2023, Fox quit the online sports betting business and DraftKings took share On industry consolidation, it appears as though DraftKings' first-mover position in legal U.S. Even large, public companies hoping to get into this newly legal industry have bowed out, with Fox Corporation (NASDAQ: FOX) being the latest casualty.

Legal 130

Legal Mergers and Acquisitions Public Companies Bidding 130

The Motley Fool

DECEMBER 24, 2023

Enterprise is a master limited partnership, which has important tax considerations Enterprise operates as a master limited partnership (MLP) , a legal structure many midstream companies choose to operate under. The tax structure of MLPs can make them appealing to income-focused investors in search of attractive dividend distributions.

Taxes 130

Taxes Depreciation Consulting Consultants 130

The Motley Fool

AUGUST 9, 2023

What happened Shares of LegalZoom (NASDAQ: LZ) were falling today after the legal assistance platform posted in-line results in its second-quarter earnings report but said prices were falling in the industry. On the bottom line, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose from $18.1

Legal 130

Legal Earnings Before Interest Amortization Depreciation 130

The Motley Fool

SEPTEMBER 10, 2023

Several more states have legalized mobile gambling, and sports betting in particular. While it still provides a variety of fantasy sports offerings, it also operates a conventional sportsbook where legally allowed. And it's legally allowed in plenty more places than it was just a few years back. Not a lot, actually.

Legal 130

Legal Earnings Before Interest Amortization Depreciation 130

The Motley Fool

FEBRUARY 18, 2024

Last quarter, Canopy Growth's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) loss of just under CA$9 million was much smaller than the CA$49.7 pot market once it's legal to do so. Marijuana legalization isn't on the horizon in the U.S.,

Investors 130

Investors Legal Earnings Before Interest Amortization 130

The Motley Fool

AUGUST 10, 2023

million due to an increase in legal and professional fees, and an increase in ad spending to support the launch of its new premium and luxury lineup. On the bottom line, it expects adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to range from breakeven to a loss of $10 million. million to $75.7

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Legal 130

The Motley Fool

MARCH 22, 2024

Since then, 38 states have legalized sports betting of one sort or another. DKNG Revenue (Quarterly) data by YCharts With 38 states having legalized sports wagering, however, the bulk of this company's growth is also seemingly in the past. The industry's resulting growth is the key reason this company's top line reached nearly $3.7

Legal 130

Legal Earnings Before Interest Amortization Depreciation 130

Private Equity Insights

OCTOBER 17, 2023

The firm seeks to invest $50m to $200m in total equity per investment in companies generating $10m to $30m of earnings before interest, taxes, depreciation and amortization, it said. acted as the exclusive placement adviser and Kirkland & Ellis LLP served as legal counsel. Lazard Ltd.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Capital Funds 130

The Motley Fool

AUGUST 13, 2023

Particularly encouraging are the consecutive quarters of positive adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) , reaching $194 million in Q2. A looming regulation battle We can't talk about Coinbase without discussing the company's legal battle with the Securities and Exchange Commission (SEC).

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Investors Legal Exchange-Traded Funds 130

The Motley Fool

JUNE 19, 2023

Cresco Labs Cannabis stocks have somewhat fallen out of favor lately over concerns about the lack of progress toward federal legalization in the U.S., but some still have enormous long-term potential even if legalization never comes. One factor that pressured revenue was a 5.6%

Legal 130

Legal Earnings Before Interest Amortization Depreciation 130

The Motley Fool

SEPTEMBER 17, 2024

A legal monopoly with no moat Formed by the 2008 merger of Sirius Satellite Radio and XM Satellite Radio, Sirus XM demonstrates the fascinating nuances of American antitrust law. The company reports a free cash flow of $343 million and adjusted earnings before interest taxes, depreciation, and amortization (EBITDA) of $702 million.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Legal 130

The Motley Fool

APRIL 23, 2024

The company's revenue grew 64% in 2023, and with many states that have yet to legalize online sports betting, DraftKings has a long runway of growth ahead. It aims to achieve over $2 billion in adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) by 2028.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Legal 130

The Motley Fool

NOVEMBER 7, 2024

In Phillips 66's reconciliation of consolidated earnings, the company noted a whopping $605 million in legal accrual expenses, with the footnote saying the legal accrual is "primarily related to ongoing litigation." Companies will often adjust earnings to account for non-recurring expenses or charges that don't reflect operations.

Investing 130

Investing Legal Leveraging Shareholders 130

The Motley Fool

APRIL 4, 2024

Supreme Court to allow states to legalize and regulate sports betting individually has opened a new world of opportunities for the company. DraftKings DraftKings (NASDAQ: DKNG) has become the leader in online U.S. sports betting and iGaming and shows no signs of slowing down anytime soon. billion in revenue, up 44% year over year.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Legal 130

The Motley Fool

JUNE 14, 2023

The result is strong total returns As a REIT, Mid-America is legally obliged to return at least 90% of its taxable income to shareholders, and that has helped this dividend stock build a strong long-term record. ratio of net debt to EBITDA (earnings before interest, taxes, depreciation, and amortization).

Exchange-Traded Funds 130

Exchange-Traded Funds Earnings Before Interest Amortization Depreciation 130

The Motley Fool

MARCH 22, 2024

Capital returns are improving For the fourth year in a row, Signet generated more than $600 million in free cash flow, adjusted for a one-time legal settlement, meaning the stock trades at less than 7 times free cash flow. at the end of the quarter, and the company reduced its leverage target from a 2.75 ratio to 2.5

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Shareholders 130

The Motley Fool

JANUARY 10, 2024

A recent legal decision could be a game changer A recent lawsuit accused the National Association of Realtors and a couple of the largest real estate brokerage firms in the U.S. However, it has also been standard practice for the seller to pay both agents, so buyers generally don't know and/or care what the transaction costs.

Fee Structure 130

Fee Structure Investing Earnings Before Interest Amortization 130

The Motley Fool

APRIL 11, 2024

External title data shows that our market share initially accelerated relative to our performance across the second half of 2022, but then came under pressure during multiple periods of steep depreciation. from a lower tax rate, compared to a more normalized tax rate this quarter. Last year's quarter benefited from an $0.08

Depreciation 130

Depreciation Finance Financing Leveraging 130

The Motley Fool

SEPTEMBER 19, 2023

But in its latest 20-F filing, Opera still warns that "privacy concerns relating to our services and the use of user information could negatively impact our user base or user engagement, or subject us to governmental regulation and other legal obligations." per American depositary share (ADS) this February.

Investors 130

Investors Earnings Before Interest Amortization Depreciation 130

The Motley Fool

AUGUST 12, 2023

Simply put, during summer upsell season, clients no longer have the time to schedule all of the meetings, legal reviews, reports, and [quarterly business reviews]. However, the shares currently trade for about 24 times the expected full-year adjusted EBITDA (earnings before interest, tax, depreciation, and amortization).

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Legal 130

The Motley Fool

DECEMBER 15, 2023

As states slowly legalize sports gambling, it has become a billion-dollar industry, benefiting companies like DraftKings (NASDAQ: DKNG). Both were up significantly YOY, causing management to increase its 2023 revenue and earnings before interest, taxes, depreciation, and amortization ( EBITDA ) guidance, as well as 2024's.

Initial Public Offering 130

Initial Public Offering Stakes Earnings Before Interest Amortization 130