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Sep 30, 2024
Playtika Q3 2024 Earnings Report
Reported financial results for Q3 2024, with revenue of $620.8 million and DTC revenue of $174.4 million. Acquisition of SuperPlay was announced and is expected to close in Q4.
Key Takeaways
Playtika's Q3 2024 saw a revenue of $620.8 million and a net income of $39.3 million. The company announced the acquisition of SuperPlay and highlighted the strong performance of its DTC business.
Revenue reached $620.8 million, a decrease of 1.5% year over year.
DTC platforms revenue totaled $174.4 million, an increase of 8.3% year over year.
Net income was $39.3 million, an increase of 3.7% year over year.
Credit Adjusted EBITDA was $197.2 million, a decrease of 4.1% year over year.
Playtika
Playtika
Playtika Revenue by Segment
Revenue by Segment
Bingo Blitz Revenue
CapyFin.comSlotomania Revenue
CapyFin.com Forward Guidance
For the full year 2024, revenue is expected to range from $2.505 to $2.520 billion. Credit Adjusted EBITDA guidance is raised to a range of $755 to $765 million. Capital expenditure guidance is lowered to $90 million.
Positive Outlook
- Revenue expected to range from $2.505 - $2.520 billion.
- Credit Adjusted EBITDA guidance raised to $755 - $765 million.
- Capital expenditure guidance lowered to $90 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income