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Dec 31, 2024
Playtika Q4 2024 Earnings Report
Playtika's Q4 2024 financial performance was released, showing mixed results with revenue increase and net income decrease.
Key Takeaways
Playtika Holding Corp. reported Q4 2024 revenue of $650.3 million, a 1.9% increase year-over-year, and DTC revenue of $174.6 million, an 8.0% increase year-over-year. However, the company experienced a net loss of $16.7 million. The average daily paying users increased by 10.8% year over year.
Revenue increased by 1.9% year-over-year, reaching $650.3 million.
DTC platforms revenue increased by 8.0% year-over-year, totaling $174.6 million.
Net income decreased significantly, reporting a loss of $16.7 million.
Average Daily Paying Users increased by 10.8% year over year, reaching 339K.
Playtika
Playtika
Forward Guidance
For FY2025, Playtika expects revenue to be between $2.80 - $2.85 billion and Credit Adjusted EBITDA between $715 - $740 million. Capital expenditures are expected to be $95 million. The effective tax rate is expected to be 35%.