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Playtika Q1 2025 Earnings Report
Playtika reported strong first-quarter results, with revenue surpassing $700 million, driven by growth in its industry-leading portfolio and the acquisition of SuperPlay.
Key Takeaways
Playtika Holding Corp. announced a record-breaking first quarter for 2025, with revenue reaching $706.0 million, an 8.6% sequential increase and 8.4% year-over-year increase. The company's DTC platforms revenue also saw significant growth, increasing 2.6% sequentially and 4.5% year-over-year. Despite a decrease in GAAP Net Income and Adjusted EBITDA year-over-year, the company highlighted the continued success of its largest title, Bingo Blitz, and the positive impact of the SuperPlay acquisition.
Revenue reached a record $706.0 million, increasing 8.6% sequentially and 8.4% year-over-year.
DTC platforms revenue grew 2.6% sequentially and 4.5% year-over-year, reaching $179.2 million.
Average Daily Paying Users increased 15.0% sequentially and 26.2% year-over-year, reaching 390,000.
The company reaffirmed its full-year 2025 revenue guidance between $2.80 billion and $2.85 billion, and Adjusted EBITDA between $715 million and $740 million.
Revenue by Segment
Forward Guidance
Playtika reaffirmed its full-year 2025 guidance for revenue and Adjusted EBITDA, indicating confidence in continued performance.
Positive Outlook
- Reaffirmed revenue guidance between $2.80 billion and $2.85 billion for the full year 2025.
- Reaffirmed Adjusted EBITDA guidance between $715 million and $740 million for the full year 2025.
- Entered into an agreement to extend the maturity of the Revolving Credit Facility to September 2027.
- Decreased the aggregate principal amount of the Revolving Credit Facility from $600 million to $550 million.
- The company's DTC business is expected to continue delivering record performance and has meaningful growth potential.
Challenges Ahead
- The guidance does not explicitly detail potential negative impacts from market conditions or competitive pressures.
- No specific negative factors were highlighted in the forward guidance section, as it primarily focused on reaffirming positive outlooks.
- The company operates in a very competitive and rapidly changing environment and industry, which could pose risks.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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