Financial Data and Key Metrics Changes - The company reported revenue of $72.1 million for Q3 2022, an increase from $70.6 million in the same quarter last year and $68.4 million in Q2 2022 [42] - Adjusted EBITDA was $9.8 million, compared to $9.6 million a year ago and $7.3 million in Q2 2022 [43] - Daily Active Users (DAU) were 1.5 million, and Monthly Active Users (MAU) were 6.7 million, showing a year-over-year increase of 24.6% and 87.1%, respectively, while remaining flat sequentially [43] Business Line Data and Key Metrics Changes - The core social casino games, including Pop! Slots, myVEGAS Slots, and myKONAMI Slots, showed stable performance, with ARPDAU increasing despite a year-over-year decline of 20% due to the inclusion of Tetris [42][43] - The loyalty program, playAWARDS, expanded to nearly 600 unique rewards, with reward purchases totaling 553,000 units, a 15% increase year-over-year [18][44] Market Data and Key Metrics Changes - The social casino genre faced a year-over-year decline of 2.2% over the past several quarters, but the company believes it is outperforming peers [13] - The user acquisition environment remains challenging, influenced by changes to IDFA on iOS, making it difficult to find and retain profitable players [11][12] Company Strategy and Development Direction - The acquisition of Brainium is viewed as strategically significant, diversifying the company's portfolio and expected to drive value with its casual games [8][36] - The company is focusing on expanding its playAWARDS platform and integrating it into new games, including Tetris and the Brainium suite, to enhance player retention [20][54] - The company is also advancing its regional operating model, expanding teams in Vietnam and Serbia to improve operational efficiency and margins [15][16] Management's Comments on Operating Environment and Future Outlook - The management expressed concerns about the challenging macroeconomic environment, including high inflation and market volatility, which could impact consumer confidence [12] - Despite these challenges, the company remains optimistic about its performance and the potential of its new game initiatives, including Tetris and myVEGAS Bingo, to contribute to future results [53] Other Important Information - The company ended the quarter with a cash balance of approximately $212 million and no debt, maintaining a strong financial position [49] - The Board of Directors reauthorized a $50 million share repurchase plan for another 12 months [40] Q&A Session Summary Question: Diverging industry trends between casual and social casino - Management noted that it is too early to determine if there are structural changes between casual and social casino genres, as the casual portfolio is relatively new [59] Question: Update on direct-to-consumer platform - Management acknowledged ongoing challenges in creating a seamless direct-to-consumer experience but is actively working on enhancing this platform [61][62] Question: Fourth quarter guidance and expected trends - Management confirmed that the guidance includes approximately 2.5 months of Brainium's contribution, but did not provide specific quarterly guidance [71][74] Question: Observations on user acquisition and monetization trends - Management indicated that while the user acquisition environment remains difficult, they have not observed significant deterioration in their performance [85] Question: Fundamental drivers for improvement in user acquisition environment - Management did not identify any specific drivers for improvement but emphasized the importance of retaining existing audiences through strategic acquisitions [90]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-39652 PLAYSTUDIOS, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

PLAYSTUDIOS, Inc. (NASDAQ:MYPS) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Joel Agena - Vice President, Legal Counsel Andrew Pascal - Co Founder, Chairman and Chief Executive Officer Scott Peterson - Vice President, Chief Financial Officer Conference Call Participants William Saltonstall - Craig-Hallum Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to the PLAYSTUDIOS Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Please ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) Delaware 88-1802794 For the quarterly period ended June 30, 2022 (I.R.S. Employer Identification Number) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 10150 Covington Cross Drive Las Vegas, NV 89144 (725) 877-7000 (State or ot ...

PLAYSTUDIOS, Inc. (NASDAQ:MYPS) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Joel Agena ??? Corporate Security and General Counsel Andrew Pascal ??? Chief Executive Officer Scott Peterson ??? Chief Financial Officer Conference Call Participants Ryan Sigdahl ??? Craig-Hallum Matthew Cost ??? Morgan Stanley Mike Hickey ??? The Benchmark Company Greg Gibas ??? Northland Securities Martin Yang ??? Oppenheimer and Company Operator Ladies and gentlemen, good day. Thank you for stan ...

Game Portfolio and Revenue Generation - PLAYSTUDIOS has developed a portfolio of free-to-play social casino games, including award-winning titles like POP! Slots and myVEGAS Slots, which are available on multiple platforms[118]. - The company generates revenue primarily from the sale of virtual currency, with a significant concentration in North America, and also from in-game advertising[121][122]. Key Performance Indicators - Daily Active Users (DAU) and Monthly Active Users (MAU) are key performance indicators, with DAU defined as the number of individuals who played a game on a particular day[131][132]. - Daily Paying Users (DPU) measures the number of individuals making purchases in a mobile game daily, which is crucial for understanding monetization[133]. - Average Daily Revenue Per DAU (ARPDAU) is calculated as game and advertising revenue divided by average DAU, serving as a measure of overall monetization[135]. Player Engagement and Retention - The company invests significantly in game development and its loyalty programs, playAWARDS and myVIP, to enhance player engagement and retention[132][136]. - PLAYSTUDIOS plans to expand and diversify its real-world rewards offerings to enhance perceived value for players, which is crucial for driving in-game purchases[132]. Financial Performance - Net revenue decreased by $3.6 million, or 4.9%, to $70.5 million for the three months ended March 31, 2022, compared to $74.1 million for the same period in 2021[144]. - Average Daily Active Users (DAU) increased by 23.5% to 1,555, while Average Monthly Active Users (MAU) rose by 85.2% to 6,913[143]. - Operating expenses increased by $18.7 million, or 28.2%, to $85.3 million for the three months ended March 31, 2022, compared to $66.5 million in 2021[142]. - Net loss for the period was $25.2 million, compared to a net income of $5.9 million in the prior year, representing a decrease of $31.1 million or 526.0%[142]. - AEBITDA decreased by $5.5 million, or 37.6%, to $9.1 million for the three months ended March 31, 2022[142]. Cost and Expense Management - The cost of revenue decreased by $3.5 million, or 14.1%, to $21.0 million, primarily due to a decrease in virtual currency revenue[146]. - Selling and marketing expenses increased by $3.5 million, or 20.8%, to $20.5 million, driven by higher user acquisition costs[149]. - General and administrative expenses surged by $5.5 million, or 129.5%, to $9.7 million, largely due to increased stock-based compensation and insurance costs[151]. Cash and Liquidity - As of March 31, 2022, the company had cash and cash equivalents of $220.0 million, sufficient to fund operations and capital expenditures for the foreseeable future[157]. - For the three months ended March 31, 2022, net cash provided by operating activities was $11.6 million, an increase from $4.8 million in the same period of 2021[161]. - Cash used in investing activities decreased to $5.1 million in Q1 2022 from $11.9 million in Q1 2021, primarily due to a reduction in notes receivable purchases[163]. - The company had cash and cash equivalents totaling $220.0 million as of March 31, 2022, compared to $213.5 million as of December 31, 2021[170]. Credit and Financing - The Credit Agreement provides for a five-year revolving credit facility with an aggregate principal amount of $75 million, with applicable margins of 2.50% for Eurodollar loans and 1.50% for Alternate Base Rate loans[158]. - As of March 31, 2022, the company had not drawn any amounts under the Credit Agreement[158]. - The company must maintain a Total Net Leverage Ratio not to exceed 3.50:1.00 and a Fixed Charge Coverage Ratio of not less than 1.25:1.00 as of the end of each fiscal quarter[158]. - Financing activities provided $0.1 million of net cash in Q1 2022, compared to $2.2 million used in financing activities in Q1 2021[165]. Foreign Currency Exposure - The company does not hedge its foreign currency exposure but may consider doing so in the future due to potential impacts from currency fluctuations[171]. - A significant portion of headcount-related expenses are denominated in New Israeli Shekels, exposing the company to foreign currency risks[172]. - The company experienced fluctuations in net income due to transaction gains or losses related to remeasurement of asset and liability balances in currencies other than the functional currency[173]. Impact of COVID-19 - The ongoing COVID-19 pandemic has caused disruptions, affecting player purchasing decisions and overall business operations[123][124].

Game Portfolio and User Engagement - PLAYSTUDIOS has developed a portfolio of free-to-play social casino games, including award-winning titles like POP! Slots and myVEGAS Slots, which are available on multiple platforms[278]. - The playAWARDS loyalty program allows players to earn loyalty points redeemable for real-world rewards from over 265 partners across 17 countries[279]. - The company invests significantly in game development and enhancing the playAWARDS and myVIP programs to drive player engagement and retention[292]. Revenue Generation and Financial Performance - Revenue is primarily generated from the sale of virtual currency, with a significant concentration in North America, and also includes in-game advertising[282]. - Net revenue increased by $17.5 million, or 6.5%, to $287.4 million in 2021 compared to $269.9 million in 2020[301]. - AEBITDA decreased by $18.4 million, or 31.8%, to $39.5 million in 2021 compared to $57.9 million in 2020[301]. - Advertising revenue surged by $5.2 million, or 299.1%, to $7.0 million in 2021 compared to $1.7 million in 2020[302]. - The sale of virtual currency contributed $36.4 million to the revenue increase, reflecting a 15.7% growth year-over-year[315]. - Average Revenue Per Daily Active User (ARPDAU) increased by $0.12, or 30.8%, to $0.51[315]. User Metrics - Daily Active Users (DAU) and Monthly Active Users (MAU) are key performance indicators, with DAU defined as the number of individuals playing a game on a particular day[290][291]. - Daily Paying Users (DPU) measures the number of individuals making purchases in games, with average DPU calculated for each day during the reporting period[294]. - Average Daily Active Users (DAU) decreased by 215 to 1,244, a decline of 14.7% year-over-year[302]. - Average Monthly Active Users (MAU) decreased by 140 to 4,111, a decline of 3.3% year-over-year[302]. Operating Expenses - Selling and marketing expenses increased by $21.9 million, or 38.4%, to $79.0 million in 2021, representing 27.5% of net revenue[307]. - Research and development expenses increased by $9.6 million, or 18.7%, to $61.3 million in 2021, representing 21.3% of net revenue[308]. - General and administrative expenses increased by $10.9 million, or 64.5%, to $27.9 million in 2021, representing 9.7% of net revenue[309]. - Total operating expenses increased by $30.9 million, or 11.9%, to $290.4 million in 2021[304]. Cash Flow and Financing - Cash and cash equivalents as of December 31, 2021, were $213.5 million, primarily funded through operating activities[329]. - In 2021, the company provided $33.9 million in net cash from operating activities, a decrease from $48.4 million in 2020, primarily due to a one-time charge of $5.0 million and a $2.5 million charitable donation[333]. - Financing activities generated $186.9 million in net cash in 2021, a substantial increase from a net cash outflow of $3.6 million in 2020, mainly due to $185.2 million in net proceeds from the Business Combination and PIPE Financing[338]. Tax and Compliance - The effective income tax rate was negative 15.0% for the year ended December 31, 2020, compared to negative 2.5% for the year ended December 31, 2021[328]. - The company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes, following ASC 740 guidelines[356]. - The company has elected to account for the impact of global intangible low-taxed income (GILTI) and base erosion anti-avoidance tax (BEAT) based on the period cost method[357]. Risks and Challenges - The ongoing COVID-19 pandemic has impacted business operations and player purchasing behavior, with potential long-term effects on revenue[283][284]. - The company faces risks related to third-party platform agreements, which charge transaction fees of approximately 30% on in-game purchases[287]. - Foreign currency risks arise from sales of virtual currency to players outside the U.S., with potential material impacts from exchange rate fluctuations against the U.S. Dollar[361]. - A significant portion of headcount-related expenses is denominated in New Israeli Shekels, exposing the company to foreign currency risks[362]. Accounting and Revenue Recognition - The company recognizes revenue from in-game purchases of virtual currency over the estimated average period between purchase and consumption, recording unconsumed virtual currency as "Deferred revenue"[350]. - Revenue from advertisements is recognized at the point in time when the advertisements are displayed or when the player completes the offer, as the advertising service provider simultaneously consumes the benefits[352]. - The company reports revenues gross of payment processing fees, as it is considered the principal in providing access to virtual currency and controlling game content[354].

PLAYSTUDIOS, Inc. (NASDAQ:MYPS) Q4 2021 Results Conference Call February 24, 2022 5:00 PM ET Company Participants Joel Agena - Vice President, Legal Counsel Andrew Pascal - Co Founder, Chairman and Chief Executive Officer Scott Peterson - Vice President, Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Mike Hickey - Benchmark Company Greg Gibas - Northland Securities Martin Yang - Oppenheimer Operator Good day, ladies and gentlemen. Thank you for standing by. We ...

IT'S MORE THAN A GAME. DISCLAIMER Forward Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our future financial and operating performance, our liquidity and capital resources, the development and release plans of our games, and our mergers and acquisition strategy, all of which involve risks and uncertainties. Actual results may differ materially from the results predicted and ...

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-39652 PLAYSTUDIOS, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...