Group 1: Core Insights - Bingo Blitz, the leading free-to-play bingo game, is launching a new game show in collaboration with Game Show Network, marking its debut on television [1][2][3] - The BINGO BLITZ game show features contestants answering trivia questions to earn bingo balls, with a chance to win $10,000 in the Blitz Round [2][3] - The game show aims to deliver a dynamic and social gaming experience, reflecting the excitement of the Bingo Blitz mobile game [3][4] Group 2: Company Background - Bingo Blitz is recognized as the 1 free-to-play bingo game globally, with a commitment to providing high-quality user experiences and innovative features [4][5] - Playtika, the parent company of Bingo Blitz, is a leader in mobile gaming entertainment, known for its portfolio of free-to-play social games [5][6] - Playtika was founded in 2010 and has established a global presence with offices worldwide, focusing on entertaining users through diverse gaming experiences [5]

Group 1 - The individual has retired after over 43 years in investment research, now operating independently to provide actionable investment insights [1] - The focus is on rules and factor-based equity investing strategies, emphasizing the use of numbers to inspire human intelligence-driven investment stories rather than serving the numbers themselves [1] - The approach combines factor analysis with classic fundamental analysis to uncover the true story of a company and its stock, highlighting the importance of future potential over past performance [1] Group 2 - The individual has extensive experience covering a wide range of stocks, including large cap, small cap, micro cap, value, growth, and special situations [1] - Previous roles included managing a high-yield fixed-income fund and conducting research on quantitative asset allocation strategies, contributing to the development of Robo Advising [1] - A passion for investor education has led to conducting numerous seminars and authoring two books on stock selection and analysis [1]

Core Insights - The Smurfs have partnered with Solitaire Grand Harvest to create an immersive gaming experience, coinciding with the release of the new Smurfs movie on July 18, 2025 [1][3][4] - Solitaire Grand Harvest is recognized as the highest-grossing solitaire game in the U.S., with a significant player base engaging in its farming and solitaire gameplay [5][7] Company Overview - Playtika Holding Corp. is a leader in mobile gaming entertainment, founded in 2010, and has a diverse portfolio of game titles [6] - Solitaire Grand Harvest, developed by Supertreat GmbH, allows players to engage in farming activities while progressing through challenging solitaire levels [5] Industry Context - The collaboration between the Smurfs and Solitaire Grand Harvest aims to enhance player engagement through themed features, special missions, and a unique collection album [2][3] - The Smurfs franchise, created in 1958, continues to evolve with new media, including an animated series and upcoming movie releases, maintaining its relevance in family entertainment [8][9]

Group 1 - The new game "Regal Riches" will be launched on March 28, 2025, as part of the partnership between Playtika and IGT, enhancing the Slotomania experience for players [1][2] - Regal Riches is designed to provide an immersive experience with exclusive bonus games, a Wilds meter, and opportunities to win Mega, Major, or Minor Free Games [3] - Slotomania is recognized as the world's 1 free-to-play slots game, featuring a wide variety of high-quality slot games and a large global player community [4][6] Group 2 - Playtika, founded in 2010, is a leader in mobile gaming entertainment and technology, with a mission to entertain through diverse gaming experiences [5] - The company has a strong presence in the market, being the top free-to-play slots game by monthly downloads and active users as of December 31, 2024 [6]

BofA Securities analyst Omar Dessouky double-upgraded the shares of Playtika Holding Corp PLTK on Wednesday from Underperform to Buy and raised the price forecast from $6 to $6.50.The company has the highest profitability in the industry, with 30% EBITDA margins, and is home to some of the largest mobile gaming franchises, the analyst said.Despite being in a mature yet growing industry, PLTK’s 21% FCF yield and 9% dividend yield suggest limited downside.The stock’s recent dislocation is attributed to shareh ...

Core Viewpoint - Playtika's stock is experiencing a significant surge following a double-upgrade from Bank of America, indicating a potential shift in analyst sentiment towards the mobile gaming sector [1] Company Performance - Playtika's stock rose by 21.7%, trading at $5.36, recovering from an all-time low of $3.97 on March 21, although it still shows a year-to-date decline of 24.2% [2] - The stock is reclaiming most short-term moving averages, but faces resistance from longer-term trendlines, suggesting potential challenges for sustained rally [2] Analyst Sentiment - A notable 73% of analysts currently rate Playtika as a "hold" or worse, indicating that a shift in this bearish sentiment could lead to a significant price increase [3] - Short interest has increased by 31.6% over the last two reporting periods, with nearly 9.9% of the float sold short, presenting a potential for a short squeeze if the rally continues [3] Options Market Activity - Options traders have shown a bearish inclination, with a put/call volume ratio ranking in the 92nd percentile of annual readings, but this trend appears to be shifting due to the recent price increase [4] - The options market has seen a surge in activity, with 4,273 calls traded, which is 67 times the average intraday volume, indicating increased interest in bullish positions [4]

Now through April 1, House of Fun's in-game chef feature dishes up a side of giving as players can participate to work towards milestone markers in support of the game's donation to Meals on Wheels AmericaHERZLIYA, Israel, March 19, 2025 /PRNewswire/ -- House of Fun (HoF), a free-to-play slots game from Playtika, is launching Chef Academy, a limited-time feature that lets players support a meaningful cause while enjoying their favorite game. From now until April 1, 2025, players can help support non-profit ...

Core Insights - Playtika Holding Corp. announced participation in investor conferences in Q1 2025, including the Morgan Stanley Technology, Media & Telecom Conference [1] Company Overview - Playtika is a leader in mobile gaming entertainment and technology, founded in 2010, and is known for offering free-to-play social games on social networks and mobile platforms [3] - The company is headquartered in Herzliya, Israel, and aims to entertain the world through various gaming experiences [3] Investor Relations - Investors can schedule meetings with management through Morgan Stanley or ROTH representatives, and a live webcast of the presentations will be available on Playtika's Investor Relations page [2] - A replay of the discussions and the latest investor presentation can also be accessed on the company's Investor Relations page [2] Upcoming Events - Playtika will present at the 37th Annual ROTH Conference on March 17, 2025, at 08:30 AM PT in Dana Point, CA [6] - The company will also present at the Morgan Stanley Technology, Media & Telecom Conference [1]

Financial Data and Key Metrics Changes - For the full year 2024, the company generated $2.549 billion in revenue, a decrease of 0.7% year-over-year, with GAAP net income of $162.2 million compared to $235 million in 2023, and credit adjusted EBITDA of $757.7 million, reflecting a 9% decline year-over-year [17][18] - In Q4 2024, revenue was $650.3 million, up 4.8% sequentially and 1.9% year-over-year, while GAAP net income was negative $16.7 million compared to $39.3 million in Q3 and $37.3 million in Q4 2023 [18][19] - The company generated $396.8 million in free cash flow, a 9.1% decline year-over-year [17] Business Line Data and Key Metrics Changes - Revenue from direct-to-consumer platforms was $174.6 million, up 0.1% sequentially and 8% year-over-year [19] - Bingo Blitz revenue was $159.1 million, down 0.5% sequentially but up 5.8% year-over-year [19] - Slotomania revenue was $118.4 million, down 7.9% sequentially and 13.5% year-over-year, attributed to game economy issues [19][20] - Solitaire Grand Harvest revenue was $72.5 million, down 8.1% sequentially and 4.3% year-over-year [21] Market Data and Key Metrics Changes - The average daily paying users (DPU) increased by 12.6% sequentially and 10.8% year-over-year, while average daily active users (DAU) increased by 5.3% sequentially but decreased by 7% year-over-year [27] Company Strategy and Development Direction - The company is focused on executing a return to growth strategy, including a capital allocation framework, quarterly dividends, and a buyback program [7][10] - The acquisition of SuperPlay is a key milestone, adding two strong game franchises to the portfolio and enhancing future growth potential [7][8] - Plans to launch three new games in the next 12 to 18 months, including Disney's Solitaire and Claire's Chronicles, are underway [8][9] - The company is transitioning its portfolio away from declining legacy titles and investing in growth through recently acquired studios [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about generating consistent top-line growth through new game launches and M&A opportunities [10][28] - The company anticipates a transitional year in 2025, with investments in growth titles expected to yield positive EBITDA contributions starting in 2026 [32][33] - The overall strategy remains focused on maximizing free cash flow and disciplined fiscal management to drive long-term value creation [34][36] Other Important Information - The company is adopting a more market-based executive compensation structure to align leadership interests with shareholder returns [16] - Cost of revenue decreased by 1% year-over-year, while operating expenses increased by 13.7% year-over-year, primarily due to the SuperPlay acquisition [24][25] Q&A Session Summary Question: Organic growth trajectory for 2025 - Management indicated that organic growth from existing and recently acquired titles is expected to be flat, with high singles growth anticipated for the casino business [39][40] Question: In-app advertising strategy - Management clarified that the focus remains on in-app purchases rather than in-app advertising, despite trends in e-commerce ads [47][48] Question: DTC strategy and revenue mix - Management reported that the DTC strategy is on track, with significant year-over-year growth, and is expected to be a key growth driver for EBITDA [51][52] Question: New game pipeline contribution - Management stated that new games' contributions to revenue in 2025 are expected to be immaterial, with all development costs included in guidance [59][60] Question: Slotomania performance improvements - Management noted improvements in Slotomania's game economy and ongoing content additions, with expectations for sustainability in Q1 [63][66] Question: Bringing games to DTC platform - Management explained that the maturity of games and technology readiness are key factors in bringing games to the DTC platform, with plans for acquired games to transition [68][70] Question: Social casino genre outlook - Management sees stability in the social casino genre with opportunities for market share growth, despite limited overall growth in the genre [72][73]

Financial Data and Key Metrics Changes - For the full year 2024, the company generated $2.549 billion in revenue, a decrease of 0.7% year-over-year, with GAAP net income of $162.2 million compared to $235 million in 2023, and credit adjusted EBITDA of $757.7 million, reflecting a 9% decline year-over-year [17][18] - In Q4 2024, revenue was $650.3 million, up 4.8% sequentially and 1.9% year-over-year, while GAAP net income was negative $16.7 million compared to $39.3 million in Q3 and $37.3 million in Q4 2023 [18][19] - The company reported a credit adjusted EBITDA of $183.9 million for Q4, down 6.7% sequentially and 2.6% year-over-year, with a credit adjusted EBITDA margin of 28.3% compared to 31.8% in Q3 and 29.6% in Q4 last year [18][19] Business Line Data and Key Metrics Changes - Revenue from direct-to-consumer platforms was $174.6 million, up 0.1% sequentially and 8% year-over-year [19] - Bingo Blitz generated $159.1 million in revenue, down 0.5% sequentially but up 5.8% year-over-year, while Slotomania's revenue was $118.4 million, down 7.9% sequentially and 13.5% year-over-year [19][20] - Solitaire Grand Harvest revenue was $72.5 million, down 8.1% sequentially and 4.3% year-over-year, indicating underperformance [21] Market Data and Key Metrics Changes - The company noted that acquired titles like Animals & Coins and Governor of Poker 3 showed robust performance, with Animals & Coins achieving record results during the Black Friday period [22][23] - SuperPlay contributed approximately $48 million in revenue for the quarter, reflecting only a partial period contribution due to the timing of the acquisition [23] Company Strategy and Development Direction - The company is focused on executing a return to growth strategy, which includes a capital allocation framework, quarterly dividends, a buyback program, and a plan to restart M&A activities [7][10] - Over the next 12 to 18 months, the company plans to launch three new games, including Disney's Solitaire and Claire's Chronicles, while continuing to explore M&A opportunities [8][9] - The company is transitioning its portfolio away from declining legacy titles and investing in new studios to enhance growth potential [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about generating consistent top-line growth through new game launches and investments in existing titles [10][32] - The company anticipates a transitional year in 2025, with expected revenue between $2.8 billion and $2.85 billion and adjusted EBITDA between $715 million and $740 million [28][32] - Management highlighted the importance of stabilizing the business while investing in new titles, expecting in-play and SuperPlay studios to become positive EBITDA contributors by 2026 [33][34] Other Important Information - The company is adopting a more market-based executive compensation structure to align leadership interests with shareholder returns [16] - Free cash flow for the year was $396.8 million, reflecting a 9.1% decline year-over-year [17] Q&A Session Summary Question: What is the organic growth trajectory for 2025? - Management indicated that the existing portfolio and recently acquired titles are expected to trend around flat, with high singles growth anticipated for the casino business [39][40] Question: What are the key learnings from the DTC strategy in 2024? - Management noted that DTC has been a significant growth driver for EBITDA, with a successful strategy in place [51][52] Question: How is the new game pipeline trending? - Management expressed excitement about the upcoming launch of Disney's Solitaire, expecting it to be one of the top games in the next year [55][56] Question: How does the company view the social casino genre's growth? - Management sees stability in the genre with opportunities to gain market share, despite not expecting significant overall growth [72][73] Question: What is the roadmap for introducing more IGT content? - Management reported positive engagement from Cleopatra II and is excited about rolling out more IGT content throughout the year [84]