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An announcement from Playside Studios Ltd ( (AU:PLY) ) is now available.
PlaySide Studios reported a challenging financial year ending June 30, 2025, with a 25% decrease in revenue to $48.7 million and an EBITDA loss of $7.5 million. Despite these setbacks, the company launched several successful titles, including ‘Kill Knight’ and ‘Dumb Ways: Free for All,’ and announced ‘Game of Thrones: War for Westeros,’ which has already gained significant interest. The company is focusing on restructuring to reduce costs and enhance efficiency, with a strategic emphasis on its original IP and Work for Hire activities. The anticipated launch of ‘MOUSE: P.I. for Hire’ is expected to significantly boost revenue and help PlaySide return to a self-sustaining business model.
The most recent analyst rating on (AU:PLY) stock is a Buy with a A$0.43 price target. To see the full list of analyst forecasts on Playside Studios Ltd stock, see the AU:PLY Stock Forecast page.
More about Playside Studios Ltd
PlaySide Studios Limited is Australia’s largest video game developer and publisher, known for creating games across multiple platforms including PC, console, mobile, virtual reality, and mixed reality. The company has a diverse portfolio of approximately 60 titles and collaborates with major technology and entertainment companies such as Activision Blizzard, Meta, Netflix Games, and Take Two Interactive. PlaySide also supports third-party game development through its publishing arm, offering funding, development support, marketing, and publishing services. Founded in 2011 and headquartered in Port Melbourne, Australia, PlaySide is publicly traded on the Australian Securities Exchange under the code PLY.
Average Trading Volume: 388,296
Technical Sentiment Signal: Sell
Current Market Cap: A$90.79M
See more insights into PLY stock on TipRanks’ Stock Analysis page.