How did Flutter's R&D expenses impact Q3 2024 results?

Flutter's R&D expenses had a significant negative impact on its Q3 2024 results, with the company reporting a net loss of $114 million for the period. The R&D expenses were recorded at $213 million for the same quarter.

|code|Ticker|Name|Date|R&D Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|
|FLUT|FLUT.N|Flutter|2023 Q4|2.07E8|-9.02E8|169|
|FLUT|FLUT.N|Flutter|2024 Q1|1.9E8|-1.77E8|169|
|FLUT|FLUT.N|Flutter|2024 Q2|2.16E8|2.97E8|169|
|FLUT|FLUT.N|Flutter|2024 Q3|2.13E8|-1.14E8|169|

|code|Ticker|Name|Date|Net Income YoY|R&D Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|
|FLUT|FLUT.N|Flutter|2023 Q4||2.07E8|-9.02E8|169|
|FLUT|FLUT.N|Flutter|2024 Q1|-59.45945945945946|1.9E8|-1.77E8|169|
|FLUT|FLUT.N|Flutter|2024 Q2|364.0625|2.16E8|2.97E8|169|
|FLUT|FLUT.N|Flutter|2024 Q3|56.48854961832062|2.13E8|-1.14E8|169|