PLAYSTUDIOS Reports Q1 2025 Financial Results

Playstudios, Inc ( (MYPS) ) has released its Q1 earnings. Here is a breakdown of the information Playstudios, Inc presented to its investors.

PLAYSTUDIOS, Inc., a developer of free-to-play mobile and social games, is known for its playAWARDS loyalty platform that offers real-world rewards through partnerships with global hospitality and entertainment brands. The company recently released its first-quarter earnings report for 2025, highlighting a revenue of $62.7 million and a net loss of $2.9 million. Despite challenging market conditions, PLAYSTUDIOS is making strides in strategic initiatives, including enhancing its sweepstakes capabilities and expanding its direct-to-consumer channel.

The company’s financial performance showed a decline in revenue from $77.8 million in the same quarter of the previous year, while the net loss increased from $0.6 million. However, the direct-to-consumer revenue saw a significant increase of 113.9%, reaching $5 million. The company’s consolidated AEBITDA was $12.5 million, with a slight improvement in the AEBITDA margin compared to the previous year. Key performance indicators such as average daily active users and monthly active users showed a decrease, but the average revenue per daily active user increased by 8.3%.

PLAYSTUDIOS is actively working on its Reinvention plan, aiming for annualized cost savings of $25 to $30 million. The company is also progressing with the development of its new casual game, Tetris Block Party, and strengthening its playAWARDS platform by adding new premium partners. Additionally, the company repurchased 0.9 million shares of its Class A common stock during the quarter.

Looking forward, PLAYSTUDIOS maintains its full-year 2025 guidance, expecting net revenue between $250 to $270 million and consolidated AEBITDA in the range of $45 to $55 million. The company remains focused on navigating the challenging market landscape while continuing to innovate and expand its offerings.