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Dec 31, 2021
Playtika Q4 2021 Earnings Report
Playtika's Q4 2021 financial results were released, showcasing revenue growth and strategic advancements.
Key Takeaways
Playtika Holding Corp. reported a 13.2% year-over-year increase in fourth-quarter revenue, reaching $649.0 million. Net income grew to $102.3 million, and adjusted EBITDA was $212.5 million. The company's cash and cash equivalents totaled $1,117.1 million.
Fourth quarter revenue grew to $649.0 million, a 13.2% increase year-over-year.
Net income increased to $102.3 million, compared to $76.0 million in the prior year period.
Adjusted EBITDA reached $212.5 million, slightly up from $210.4 million in the prior year period.
The company is evaluating strategic alternatives to maximize stockholder value.
Playtika
Playtika
Forward Guidance
Playtika will hold a conference call to discuss fourth quarter and 2021 results on March 1, 2022. Given the circumstances, the Company will not be discussing any matters related to the process of evaluating strategic alternatives nor any forward looking items.