Other
Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation
Flutter Entertainment Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation remained flat by 0.0% to $500K in Q4 2024 compared to the prior quarter.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2024Feb 26, 2026
How to read this metric
A decrease reflects currency translation gains rather than a change in underlying tax risk.
Detailed definition
The reduction in the value of unrecognized tax benefit liabilities due to the strengthening of the reporting currency ag...
Peer comparison
Standard line item in the reconciliation of unrecognized tax benefits for global entities.
Metric ID:
other_unrecognized_tax_benefits_decreases_resulting_from_46aea7Historical Data
2 years
| FY'22 | FY'24 | |
|---|---|---|
| Value | $22M | $2M |
| YoY Change | — | -90.9% |
Range$2M – $22M
Avg YoY Growth-90.9%
Median YoY Growth-90.9%
Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation at Other Companies
Frequently Asked Questions
- What is Flutter Entertainment's unrecognized tax benefits, decrease resulting from foreign currency translation?
- Flutter Entertainment (FLUT) reported unrecognized tax benefits, decrease resulting from foreign currency translation of $500K in Q4 2024.
- What does unrecognized tax benefits, decrease resulting from foreign currency translation mean?
- Decrease in tax reserves due to favorable foreign currency translation effects.