Playtika Holding Corp. ( (PLTK) ) has released its Q1 earnings. Here is a breakdown of the information Playtika Holding Corp. presented to its investors.
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Playtika Holding Corp., a leader in mobile gaming entertainment, is renowned for its diverse portfolio of free-to-play social games available on both social networks and mobile platforms. Headquartered in Herzliya, Israel, the company has a global presence with offices worldwide.
In its first quarter of 2025, Playtika reported record-breaking revenue of $706 million, marking an 8.6% sequential increase and an 8.4% year-over-year rise. This growth is attributed to its robust game portfolio and the acquisition of SuperPlay, with Bingo Blitz achieving all-time high revenue.
Key financial metrics include a Direct-to-Consumer revenue of $179.2 million, a 2.6% sequential and 4.5% year-over-year increase. However, the company’s GAAP net income decreased by 42.3% year-over-year to $30.6 million, while adjusted net income saw a 34.1% sequential increase but a 39.6% year-over-year decrease. Adjusted EBITDA also declined by 9.9% year-over-year to $167.3 million.
Playtika’s strategic focus remains on expanding its Direct-to-Consumer business to balance margins while investing in growth titles. The company announced a quarterly dividend of $0.10 per share and extended the maturity of its Revolving Credit Facility to September 2027.
Looking ahead, Playtika reaffirms its revenue guidance of $2.80 to $2.85 billion and adjusted EBITDA between $715 and $740 million, reflecting confidence in its growth potential and strategic initiatives.