NYSE$RSI

Rush Street Interactive Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Announced second quarter 2021 results and raised full year 2021 guidance.

Rush Street Interactive reported a strong second quarter with revenue of $122.8 million, an increase of 89% year-over-year. The company also raised its full year 2021 revenue guidance to between $465 and $495 million.

  • Second quarter revenue reached $122.8 million, up 89% year-over-year.
  • Full year 2021 revenue guidance was raised to between $465 and $495 million.
  • RSI secured access opportunities in Connecticut, Louisiana, Mississippi, and New Mexico.
  • Mobile sports betting applications were submitted in New York and Arizona.

Headline financials

Total Revenue

$123M

Previous: $641K+19057.6%
EPS (adj)

-$0.04

No prior period
Capital Expenditures

-$844K

No prior period
Free Cash Flow

-$4.61M

Previous: -$391K-1079.9%
Net Income

-$3.77M

Previous: -$391K-863.9%
Operating Income

-$12.2M

Previous: -$497K-2354.0%
Gross Profit

$38M

Previous: $641K+5834.5%
Cash & Equivalents

$361M

No prior period
Total Assets

$415M

No prior period
Stock-Based Comp

$4.66M

No prior period

Revenue & EPS history

Rush Street · Revenue · Quarterly

$123M

Q2 2021+19,057.6%vs Q2 2020
Beat estimate in 9 of 13 quarters(69%)
ActualEstimate

Forward guidance

RSI expects revenues for the full year ending December 31, 2021 to be between $465 and $495 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.2%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+7.0%

Avg return

30 days after

50%

12 / 24 earnings

Positive

+18.6%

Q4 2023

Best reaction

-19.3%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.1%+4.3%-9.5%
Q4 2025+7.7%+8.3%+22.2%
Q3 2025-6.7%-7.6%+1.5%
Q1 2025-5.6%-5.2%+4.6%
Q4 2024-15.3%-15.1%-18.6%
Q3 2024+2.0%+2.4%+35.9%
Q2 2024+7.9%-5.0%-6.1%
Q1 2024+18.2%+30.2%+40.1%
Q4 2023+18.6%+9.7%+33.1%
Q3 2023+5.3%+12.0%+23.5%
Q2 2023+15.6%+9.6%+19.7%
Q1 2023-0.3%+2.5%+1.9%
Q4 2022-8.4%-8.8%-25.8%
Q3 2022-7.6%-6.7%-15.4%
Q2 2022-3.9%-10.0%-19.6%
Q1 2022-1.3%-19.6%-15.4%
Q4 2021-19.3%-22.7%-27.8%
Q3 2021+1.5%+3.1%-14.7%
Q2 2021+3.8%-5.0%+20.6%
Q1 2021-1.6%+3.4%+12.9%
Q4 2020+18.0%+26.9%-2.9%
Q3 2020+2.3%+25.7%+80.7%
Q2 2020+0.9%+0.7%+26.9%
Q1 2020-1.9%-1.9%-0.1%

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