The Motley Fool

MARCH 28, 2024

Supreme Court's decision to give states the autonomy to legalize and regulate sports betting on their own. When the Supreme Court made its decision, five states had legalized sports betting. have embraced legalized sports betting in some form. The 10 stocks that made the cut could produce monster returns in the coming years.

Legal 130

Legal Amortization Depreciation Earnings Before Interest 130

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 Amortization Depreciation Earnings Before Interest 245

The Motley Fool

MAY 12, 2024

Up more than 40%, it's been generating some impressive returns for investors. Could the Biden Administration's latest move, to reclassify marijuana as a Schedule III substance, from its current Schedule I status, lead to even greater returns for Aurora Cannabis investors? Legalization in the U.S. million Canadian dollars.

Legal 246

Legal Amortization Depreciation Earnings Before Interest 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. Image source: Statista.

Amortization 244

Amortization Depreciation Earnings Before Interest Legal 244

The Motley Fool

MARCH 9, 2024

While the majority of Americans are in favor of legalizing marijuana, that doesn't mean that regulators have made it a priority to work on legislation or to push marijuana bills through Congress. While the assumption is that nationwide legalization will eventually come, it's anyone's guess when that might actually happen.

Legal 246

Legal Amortization Depreciation Earnings Before Interest 246

The Motley Fool

JULY 18, 2024

This is why many cannabis companies focus on their adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) numbers. There are some encouraging opportunities, such as in Germany, where the country recently legalized cannabis for personal use. million Canadian dollars ($1.4 once they open up.

Exchange-Traded Funds 246

Exchange-Traded Funds Legal 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 Amortization 189

The Motley Fool

SEPTEMBER 21, 2023

First, in late August, the Department of Health and Human Services (HHS) officially recommended to the Drug Enforcement Agency (DEA) that marijuana should be rescheduled from Schedule I to Schedule III, even though cannabis legalization in the U.S. is still uncertain. Given the company's ongoing plan to pivot toward the U.S.

Legal 246

Legal Amortization Depreciation Earnings Before Interest 246

The Motley Fool

JANUARY 21, 2024

As it turns out, one of these players is much more likely to delight investors with strong returns than the other. I wouldn't suggest investors go all-in on the stock, but if you do take a bite, prepare to be patient and be ready to hold on to your shares for a couple of years before seeing a return.

Amortization 246

Amortization Depreciation Earnings Before Interest Legal 246

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

Prospects 246

Prospects Amortization Depreciation Earnings Before Interest 246

The Motley Fool

DECEMBER 3, 2023

3M plans to spin off Solventum, carrying relatively high debt, aiming for a net debt-to-earnings before interest, taxation, depreciation, and amortization ( EBITDA ) ratio of 3 times to 3.5 3M returns to growth After a tough 2023 (overall organic sales are expected to fall by 3%), investors hope 3M will grow again in 2024. .*

Debt 246

Debt Enterprise Values Stakes Amortization 246

The Motley Fool

MARCH 2, 2024

He noted how something looks off with the changes in net income, so even though a public company has fulfilled its legal duty by reporting "this worse-than-useless 'net income' figure" according to regulations, it makes him uncomfortable. The 10 stocks that made the cut could produce monster returns in the coming years. billion ($22.8

Investors 246

Investors Shareholders Amortization Earnings Before Interest 246

The Motley Fool

SEPTEMBER 28, 2023

Canopy Growth Canopy Growth (NASDAQ: CGC) is a Canadian cultivator that looks cheap and appears to be exposed to a lot of upside from cannabis legalization in the U.S., Management expects to reach positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by the end of its 2024 fiscal year.

Amortization 246

Amortization Depreciation Earnings Before Interest Legal 246

The Motley Fool

DECEMBER 31, 2023

But will it be enough for Aurora to break its awful streak in 2024 and achieve positive returns for investors? Aurora reported an adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) profit of CA$3.4 legalization efforts. million last quarter. the optimism has faded.

Investing 189

Investing Legal Amortization Depreciation 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 The 10 stocks that made the cut could produce monster returns in the coming years. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

Investing 240

Investing Debt Amortization Depreciation 240

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 Amortization Depreciation Earnings Before Interest 130

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 Amortization 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 Amortization Depreciation 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 Amortization Depreciation Earnings Before Interest 130

The Motley Fool

MAY 12, 2024

After all, mediocre growth, declining margins, and costly legal issues have dogged the company in recent years, not to mention question marks around the sustainability of its dividend. The bullet has been bitten , and 3M's dividend will be cut, freeing up resources to meet legal settlements, restructure the business, and invest in growth.

Legal 130

Legal Enterprise Values Amortization Depreciation 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. The 10 stocks that made the cut could produce monster returns in the coming years.

Amortization 130

Amortization Depreciation Earnings Before Interest Legal 130

The Motley Fool

MAY 5, 2024

analysts maintained a buy rating on the shares but raised the price target from $50 to $52, reflecting the upbeat earnings report. 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.

Amortization 130

Amortization Depreciation Earnings Before Interest 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

SEPTEMBER 10, 2023

The interest has always been there. 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. What's changed for these football fans? Not a lot, actually.

Legal 130

Legal Amortization Depreciation Earnings Before Interest 130

The Motley Fool

FEBRUARY 5, 2024

The legalization of sports gambling is gaining steam in the U.S., DraftKings excels at entering newly legalized markets and gaining customers quickly. states legalize sports betting, an additional $6 billion in annual adjusted EBITDA could be possible. This trend is a boon for DraftKings. million in the third quarter.

Legal 130

Legal Conglomerates Amortization Depreciation 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 Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JANUARY 10, 2024

It also reported a record adjusted earnings before interests, taxes, depreciation, and amortization ( EBITDA ) of CA$3.4 Seeing the vast opportunities in this field after national legalization, scores of companies rushed to enter, leading to a supply glut. Better yet, what if legalization at the federal level happens?

Legal 130

Legal Prospects Amortization Depreciation 130

The Motley Fool

JANUARY 15, 2024

Governments around the world are legalizing sports betting to boost tax revenue. More states, including potentially massive markets like California, are expected to legalize sports gambling to shore up their heavily strained budgets in the coming years. The 10 stocks that made the cut could produce monster returns in the coming years.

Legal 130

Legal Amortization Depreciation Earnings Before Interest 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.

Amortization 130

Amortization Depreciation Earnings Before Interest Legal 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., The Motley Fool recommends Nasdaq.

Investors 130

Investors Legal Amortization Depreciation 130

The Motley Fool

FEBRUARY 5, 2025

Because of the murky legal status of marijuana, with conflicts between state and federal regulations, many banks refuse to offer services to marijuana companies. In return, Innovative Industrial generally gets long lease terms with generous rental rates. That said, the company expects the legal U.S. Start Your Mornings Smarter!

Legal 130

Legal Debt Amortization Depreciation 130

The Motley Fool

JUNE 19, 2023

That's why buying (and then holding) stocks of resilient companies that can weather the inevitable market highs and lows and keep moving forward is a proven long-term strategy for profitable returns. It remains committed to returning 50% of free cash flow to shareholders through dividends and stock buybacks.

Legal 130

Legal Amortization Depreciation Earnings Before Interest 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 10 stocks that made the cut could produce monster returns in the coming years.

Legal 130

Legal Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 24, 2023

This demonstrates the company's resilience in the face of adversity, as well as its commitment to increasing earnings and returning capital to shareholders. federal legalization alone and has established roots in the European market. Before its merger with Aphria, the company had a significant presence in Portugal and Germany.

Legal 130

Legal Mergers and Acquisitions Amortization Depreciation 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.

Amortization 130

Amortization Depreciation Earnings Before Interest Legal 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. The implications of this legal battle could disrupt Coinbase's business model significantly. and Coinbase Global wasn't one of them!

Securities and Exchange Commission (SEC) 130

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

Amortization 130

Amortization Depreciation Earnings Before Interest Legal 130