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Playside Studios Ltd ( (AU:PLY) ) has shared an update.
PlaySide Studios Limited reported its unaudited financial results for FY25, revealing revenue slightly below its previous guidance due to the cancellation of several smaller titles following a company restructure. Despite this, the company has been proactive in securing new opportunities and expanding its Work for Hire client base, which reflects a potential turning point in the industry. Cash levels remained stable within guidance despite restructuring costs, and management has effectively reduced overheads, positioning PlaySide to convert successful game launches into sustainable growth. The company remains optimistic about revenue growth and cost savings for FY26, although specific guidance will be provided closer to the launch of its upcoming game, MOUSE: P.I. For Hire.
The most recent analyst rating on (AU:PLY) stock is a Buy with a A$1.00 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 Australian video game developer and publisher, headquartered in Port Melbourne, Australia. Founded in 2011, the company develops video games for various platforms including PC, console, mobile, virtual reality, and mixed reality. PlaySide has a portfolio of approximately 60 titles and collaborates with major technology and entertainment companies such as Activision Blizzard, Meta, Netflix Games, and Take Two Interactive. It also offers publishing services, providing funding, development support, marketing, and publishing for third-party games from smaller independent studios. PlaySide’s shares are publicly traded on the Australian Securities Exchange under the code PLY.
Average Trading Volume: 414,552
Technical Sentiment Signal: Sell
Current Market Cap: A$80.05M
For an in-depth examination of PLY stock, go to TipRanks’ Overview page.