{
  "docId": "019de075-9636-70cb-a4d1-7c2db84b7851",
  "docSlug": "4588451d25154c31c01d807563d5d8ea",
  "documentTitle": "Flutter | Results Presentation Deck | 47 slides",
  "authorId": "flutter",
  "authorName": "Flutter Entertainment",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 19,
  "pageCount": 47,
  "prevPage": 18,
  "nextPage": 20,
  "slideType": "key_messages",
  "function": "present_framework",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "Uses a three-column structure to categorize capital allocation strategies.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de075-9636-70cb-a4d1-7c2db84b7851/19",
  "deckHref": "/decks/019de075-9636-70cb-a4d1-7c2db84b7851",
  "deckJsonHref": "/decks/019de075-9636-70cb-a4d1-7c2db84b7851.json",
  "deckAnchorHref": "/decks/019de075-9636-70cb-a4d1-7c2db84b7851#slide-19",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.29,
        "x": 0.06,
        "y": 0.21
      },
      "kind": "list",
      "text": "Organic investment: Highest return. Customer acquisition and retention, disciplined CAC/LTV model, sophisticated CRM capabilities.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0ea197b3-b961-46fa-a199-7f272ba7f3d2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.29,
        "x": 0.66,
        "y": 0.21
      },
      "kind": "list",
      "text": "Returns to shareholders: Excess cash where returns < WACC. EBITDA growth, deleveraging, efficient balance sheet, shareholder returns.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2d0fbabc-33e6-48f1-9097-3cbe64a5761d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.29,
        "x": 0.36,
        "y": 0.21
      },
      "kind": "list",
      "text": "Value creative M&A: High return. Strategic criteria (local hero, differentiated position), financial fit (synergies, EPS accretion).",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5b56ddac-728f-48f1-8ecd-e1633c7745fe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.06,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "CAC = Customer Acquisition Cost, LTV = Lifetime value, CRM = Customer Relationship Management",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0fe281cd-9876-4177-a0cf-f4c86414ca45",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.88,
        "x": 0.06,
        "y": 0.81
      },
      "kind": "title",
      "text": "Disciplined allocation of capital driving optimal returns",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2dad4485-dd9f-4b46-ace0-53ba5a398832",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.8,
        "x": 0.06,
        "y": 0.08
      },
      "kind": "title",
      "text": "Significant growth provides capital allocation opportunities",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "92745425-31c7-4e51-8bbe-322bd30fd07f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "f173ec0f-c7c6-41bd-81b1-24de48ab2587",
      "evidence": "list/bullet: Returns to shareholders: Excess cash where returns < WACC.",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "capital-allocation-framework",
      "slug": null,
      "matchId": "efa45619-4910-4600-b354-b6ec9df4f234",
      "evidence": "Categorizes capital deployment into organic, M&A, and shareholder returns.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 20,
      "from": 4,
      "beatId": "b2a9c79b-d4c5-44b1-b16a-57f87a214d13",
      "arcName": "AIDA",
      "arcSlug": "aida",
      "beatName": "Interest",
      "beatSlug": "aida-interest",
      "evidence": "Financial review and key takeaways",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}