PlaySide Studios lifts profit 249% despite revenue drop and lower asset backing

An update from Playside Studios Ltd ( (AU:PLY) ) is now available.

PlaySide Studios Limited reported half-year revenue of $20.4 million for the period ended 31 December 2025, a 28% decline from the prior corresponding period, highlighting softer top-line performance in its gaming operations. Despite the revenue drop, profit after tax attributable to owners surged 249% to $7.9 million, indicating significantly improved margins or cost efficiency.

Comprehensive income likewise rose 249% to $7.9 million, underscoring a substantial uplift in overall profitability compared with the previous half-year. The company did not pay, and does not intend to pay, a dividend for the period, while net tangible assets per share fell to $0.036 from $0.060, suggesting a weaker asset backing per security despite the strong earnings result.

The most recent analyst rating on (AU:PLY) stock is a Sell with a A$0.31 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 an entertainment software company focused on developing and operating video games and related interactive content. The company generates revenue from ordinary activities in the gaming sector and reports to shareholders on a half-yearly basis under Australian financial reporting standards.

Average Trading Volume: 381,866

Technical Sentiment Signal: Hold

Current Market Cap: A$140.7M

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