Latest news with #PLTK
Yahoo
09-05-2025
- Business
- Yahoo
Playtika Holding Corp (PLTK) Q1 2025 Earnings Call Highlights: Record Revenue Amidst Mixed ...
Revenue: $706 million in Q1 2025, an 8.6% sequential increase and an 8.4% year-over-year increase. Credit Adjusted EBITDA: $167.3 million, down 9% sequentially and 9.9% year over year. GAAP Net Income: $30.6 million, down 42.3% year over year. Direct-to-Consumer Revenue: $179.2 million, up 2.6% sequentially and 4.5% year over year. Bingo Blitz Revenue: $162.4 million, up 2.1% sequentially and 3.1% year over year. Slotomania Revenue: $111.8 million, down 5.5% sequentially and 17.4% year over year. Dice Dreams Revenue: $78.6 million, up 124.5% sequentially. Cost of Revenue: Increased 11.5% year over year. Operating Expenses: Increased 19.4% year over year. Sales and Marketing Expenses: Increased 42.8% year over year. G&A Expenses: Declined 9.2% year over year. Cash and Equivalents: $514.3 million as of March 31, 2025. Average DPU: Increased 15% sequentially and 26.2% year over year to 390,000. Average DAU: Increased 12.5% sequentially and 2.3% year over year to 9 million. ARPDAU: Decreased 2.2% sequentially and increased 7.4% year over year to $0.87. Warning! GuruFocus has detected 4 Warning Signs with PLTK. Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Playtika Holding Corp (NASDAQ:PLTK) achieved a historic milestone with over $700 million in revenue for Q1 2025, marking the highest quarterly revenue in the company's history. The global launch of Disney Solitaire on April 17 showed promising signs with strong launch KPIs, indicating potential for rapid revenue growth. Bingo Blitz achieved record-breaking revenue, maintaining its position as the largest mobile bingo game and one of the largest casual games in the industry. The direct-to-consumer (D2C) business achieved record revenues, driven by strong performances from Bingo Blitz, June's Journey, and Solitaire Grand Harvest. Dice Dreams showed impressive revenue growth, becoming one of the top three games by revenue, reflecting successful integration and execution by Playtika's teams. Slotomania experienced disappointing results with a decline in revenue, attributed to ongoing game economy issues and a lack of significant updates over time. GAAP net income decreased by 42.3% year over year, indicating financial challenges despite revenue growth. Adjusted EBITDA margins were impacted by increased investment in performance marketing, resulting in a 9% sequential and 9.9% year-over-year decline. Operating expenses increased by 19.4%, primarily due to higher performance marketing spending and costs associated with the acquisition of SuperPlay. The company anticipates continued revenue declines in its slot titles, requiring time and investment to stabilize and improve performance. Q: Can you discuss the marketing strategy for Disney Solitaire, given its strong start, and how it fits into your overall marketing plans for the year? A: Craig Abrahams, President and CFO, explained that while Disney Solitaire has had a promising launch, marketing expenses typically peak in the first quarter and decline sequentially. The company will allocate marketing resources to games with the best ROI, balancing the new launch with overall marketing budget constraints. Q: What is the future outlook for Slotomania, given its expected continued decline? Is there a plan to stabilize or replace it? A: Robert Antokol, CEO, acknowledged the challenges with Slotomania, noting the game has been in the market for a long time without significant changes. The company plans to stabilize the game by changing its management and making strategic updates. Additionally, they are launching a new slot game to regain market share. Q: Are there any other cost considerations for the rest of the year, especially with the integration of SuperPlay? A: Craig Abrahams stated that while there are no specific cost changes related to SuperPlay, the company is focusing on managing expenses and exploring opportunities in the direct-to-consumer (D2C) space to improve margins. Q: Can you provide an update on the D2C strategy, particularly regarding Amazon Coins and Governor of Poker? A: Robert Antokol emphasized that D2C has always been a strategic advantage for Playtika. The company is well-prepared for market changes and sees D2C as a significant opportunity for increased profitability and EBITDA. Q: How are you balancing marketing investments with the need to manage costs, especially with new game launches? A: Craig Abrahams highlighted that marketing investments are prioritized based on ROI, with a focus on supporting high-performing games. The company aims to optimize marketing spend while ensuring successful game launches. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
13-04-2025
- Business
- Yahoo
Is It Too Late To Consider Buying Playtika Holding Corp. (NASDAQ:PLTK)?
Playtika Holding Corp. (NASDAQ:PLTK), is not the largest company out there, but it led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. However, what if the stock is still a bargain? Let's examine Playtika Holding's valuation and outlook in more detail to determine if there's still a bargain opportunity. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Great news for investors – Playtika Holding is still trading at a fairly cheap price according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. we find that Playtika Holding's ratio of 11.5x is below its peer average of 21.21x, which indicates the stock is trading at a lower price compared to the Entertainment industry. Playtika Holding's share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its industry peers, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it's there, it may be hard to fall back down into an attractive buying range. See our latest analysis for Playtika Holding Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Playtika Holding's earnings over the next few years are expected to increase by 64%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? Since PLTK is currently below the industry PE ratio, it may be a great time to increase your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current price multiple. Are you a potential investor? If you've been keeping an eye on PLTK for a while, now might be the time to enter the stock. Its buoyant future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy PLTK. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed assessment. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For example, we've discovered 5 warning signs that you should run your eye over to get a better picture of Playtika Holding. If you are no longer interested in Playtika Holding, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
28-03-2025
- Business
- Yahoo
Why Is Mobile Games Giant Playtika Soaring On Wednesday?
BofA Securities analyst Omar Dessouky double-upgraded the shares of Playtika Holding Corp (NASDAQ:PLTK) on Wednesday from Underperform to Buy and raised the price forecast from $6 to $6.50. The company has the highest profitability in the industry, with 30% EBITDA margins, and is home to some of the largest mobile gaming franchises, the analyst said. Despite being in a mature yet growing industry, PLTK's 21% FCF yield and 9% dividend yield suggest limited downside. The stock's recent dislocation is attributed to shareholder exits, delayed growth, and investor preference for ad network assets, opined the analyst. Also Read: The analyst has increased the CY25 forecast for PLTK to $2.85 billion in Bookings and $740 million in EBITDA, based on January and February 3P data. The company's guidance appears conservative, suggesting a 6% Y/Y organic decline in CY25, worse than the -5% Y/Y decline in CY24. The analyst's estimate assumes SuperPlay generates $465 million in bookings (+22% Y/Y), while the existing portfolio declines by 5% Y/Y. Currently, SuperPlay is tracking +43% Y/Y. Shareholder activism poses a potential risk to the dividend, as PLTK's largest shareholder (63%) has unclear motivations. While management has outlined a 50% capital return and 50% M&A framework for FCF use, it is not a formal policy and could change, noted the analyst. Price Action: PLTK shares traded higher by 19.88% at $5.27 at last check Wednesday. Read Next:Photo by Ground Picture on Shutterstock. Date Firm Action From To Feb 2022 Credit Suisse Maintains Outperform Dec 2021 DA Davidson Initiates Coverage On Buy Dec 2021 Macquarie Initiates Coverage On Outperform View More Analyst Ratings for PLTK View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Why Is Mobile Games Giant Playtika Soaring On Wednesday? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
