Top Page
Playside Studios Ltd
(Sydney:PLY)
Playside Studios Ltd (PLY) vs. iShares MSCI Australia ETF (EWA)
Playside Studios Ltd Business Overview & Revenue Model
Playside Studios Ltd Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 56.92M | 64.64M | 38.45M | 29.24M | 10.88M | 7.01M | Gross Profit |
| 56.92M | 64.64M | 38.45M | 29.24M | 10.88M | 7.01M | EBIT |
| 348.00K | 9.51M | -6.36M | 4.97M | -6.39M | -23.19K | EBITDA |
| -3.07M | 15.38M | -2.84M | 5.85M | -6.25M | 995.42K | Net Income Common Stockholders |
| -2.97M | 11.31M | -6.97M | 4.85M | -5.88M | 196.23K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 28.53M | 37.44M | 32.20M | 37.91M | 11.23M | 551.13K | Total Assets |
| 63.13M | 69.15M | 48.22M | 54.60M | 17.66M | 2.68M | Total Debt |
| 1.61M | 2.04M | 1.68M | 2.10M | 1.46M | 744.71K | Net Debt |
| -26.92M | -35.07M | -30.52M | -35.80M | -9.78M | 225.21K | Total Liabilities |
| 17.30M | 17.95M | 9.41M | 9.63M | 4.97M | 1.87M | Stockholders Equity |
| 45.83M | 51.19M | 38.81M | 44.97M | 12.70M | 804.85K |
| Cash Flow | Free Cash Flow | ||||
| 4.98M | 6.48M | -5.25M | 542.00K | -4.23M | 291.52K | Operating Cash Flow |
| 6.38M | 18.08M | -1.60M | 7.62M | -3.83M | 315.32K | Investing Cash Flow |
| -14.23M | -11.79M | -3.64M | -7.13M | -2.19M | 726.03K | Financing Cash Flow |
| -835.00K | -763.00K | -429.00K | 26.47M | 16.63M | -592.09K |
Playside Studios Ltd Technical Analysis
Playside Studios Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $14.35B | 5.84 | -4.31% | 3.69% | 2.75% | -35.67% | |
58 Neutral | AU$57.47M | 8.30 | -6.30% | ― | -2.09% | -139.13% | |
| $202.42M | ― | -19.32% | ― | ― | ― | ||
| $1.90B | 25.03 | 9.61% | 3.16% | ― | ― | ||
| $1.19B | 2.76 | 1.65% | ― | ― | ― | ||
| $18.86B | 140.11 | 12.98% | ― | ― | ― | ||
75 Outperform | AU$483.44M | 13.95 | 15.36% | ― | 7.50% | 204.66% |
Playside Studios Ltd Corporate Events
PlaySide Studios Limited has announced a change in the director’s interest, with Director Gae-Charles (Guy) Costantini acquiring 415,000 fully paid ordinary shares through on-market purchases. This acquisition, valued at approximately $59,234, signifies a potential increase in the director’s confidence in the company’s future performance and may influence stakeholder perceptions positively.
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.
PlaySide Studios Ltd has completed a significant restructuring process, reducing its headcount from 334 to 265 to focus on its most promising projects, particularly the Game of Thrones RTS and MOUSE. The company aims to stabilize operations and improve morale through transparent communication and strategic changes, despite the unexpected resignation of co-founder Gerry Sakkas. The leadership team is committed to enhancing game development processes and engaging more meaningfully with shareholders, acknowledging the challenges of maintaining transparency due to non-disclosure agreements and competitive pressures.
The most recent analyst rating on (AU:PLY) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on Playside Studios Ltd stock, see the AU:PLY Stock Forecast page.
PlaySide Studios Limited announced a change in the director’s interest, with Mark Goulopoulos acquiring 200,000 fully paid ordinary shares through an on-market purchase. This transaction increases his total shareholding to 67,046,834 shares, reflecting confidence in the company’s future prospects and potentially impacting investor sentiment positively.
Playside Studios Limited has become a substantial holder of its own shares, with a 15.03% voting power due to restrictions on the disposal of shares under voluntary escrow arrangements with Gerry Sakkas. This technical ‘relevant interest’ does not grant Playside Studios the right to acquire or control the voting rights of these shares, indicating a strategic move to manage shareholding without altering control dynamics.
PlaySide Studios Ltd announced the cessation of Gerry Sakkas as a director, effective May 5, 2025. Sakkas held 67,704,639 fully paid ordinary shares, with a significant portion subject to a 12-month voluntary escrow period, indicating a potential impact on shareholder dynamics and company governance.
Playside Studios Ltd has announced the issuance of 10 million unquoted options, set to expire on April 22, 2030, with an exercise price of $0.2668 per option. This move is part of the company’s strategic financial operations, potentially impacting its capital structure and offering opportunities for stakeholders to invest in the company’s future growth.
Playside Studios Ltd has announced a proposed issue of 10 million unquoted options, set to expire on April 22, 2030, with an exercise price of $0.2668 per option. This strategic move is aimed at raising capital, potentially enhancing the company’s financial position and supporting its growth initiatives in the competitive gaming market.
PlaySide Studios Limited announced a change in the director’s interest, with Mark Goulopoulos acquiring an additional 246,834 fully paid ordinary shares through an on-market purchase. This transaction, valued at $38,757.90, increases his total shareholding to 66,846,834 shares, reflecting a strategic move to strengthen his stake in the company.
PlaySide Studios is restructuring its operations due to delays in securing anticipated Work for Hire contracts, leading to excess staff capacity. While the company remains optimistic about acquiring new contracts, the timing is uncertain. The restructuring will not affect the development of PlaySide’s major Original IP projects, such as ‘MOUSE: P.I. for Hire’ and the ‘Game of Thrones’ real-time strategy game. The company expects cost savings of $4-5 million per annum from proposed redundancies, with an upfront restructuring cost of approximately $1.5 million. PlaySide aims to optimize its cost base to ensure sustainable growth and high cash flow generation from its Original IP projects starting FY26. The FY25 guidance remains unchanged, with expected revenue of $50-54 million and an EBITDA loss of $6-10 million.
PlaySide Studios has announced a leadership transition with the appointment of Benn Skender as the new CEO, while Gerry Sakkas moves to the role of Creative Director. This change allows Gerry to focus on the creative direction of major Original IP projects, enhancing the company’s ability to deliver successful game launches and achieve sustainable revenue growth. Benn’s previous role as Chief Strategy Officer and his involvement in the company’s operations and strategic planning make him well-suited to lead PlaySide into its next growth phase.