Playtika Holding Corp. (NASDAQ:PLTK) Q3 2023 Results Conference Call November 8, 2023 8:30 AM ET Company Participants Tae Lee - Senior Vice President, Corporate Finance & Investor Relations Robert Antokol - Co-Founder & Chief Executive Officer Craig Abrahams - President & Chief Financial Officer Nir Korczak - Chief Marketing Officer Conference Call Participants Aaron Lee - Macquarie Arthur Chu - Bank of America Eric Sheridan - Goldman Sachs Colin Sebastian - Baird Dave Nwokonko - Morgan Stanley Operator Goo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-39896 PLAYTIKA HOLDING CORP. (Exact Name of Registrant as Specified in its Charter) Delaware 81-3634591 (State of ...

Playtika Holding Corp. (NASDAQ:PLTK) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Tae Lee - Senior Vice President, Corporate Finance & Investor Relations Robert Antokol - Co-Founder & Chief Executive Officer Craig Abrahams - President & Chief Financial Officer Nir Korczak - Chief Marketing Officer Conference Call Participants Matt Cost - Morgan Stanley Stephen Ju - Credit Suisse Omar Dessouky - Bank of America Colin Sebastian - Baird Clark Lampen - BTIG Drew Crum - Stifel ...

Forward-Looking Statements Additional factors that may cause future events and actual results, financial or otherwise, to differ, potentially materially, from those discussed in or implied by the forward-looking statements include the risks and uncertainties discussed in our filings with the Securities and Exchange Commission. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or e ...

Financial Performance - Total revenues for Q2 2023 were $642.8 million, a decrease of 2.9% compared to $659.6 million in Q2 2022[18] - Net income for the six months ended June 30, 2023, was $159.8 million, up 33.7% from $119.6 million in the same period of 2022[18] - Income from operations for Q2 2023 was $139.2 million, significantly higher than $91.3 million in Q2 2022, marking a 52.5% increase[18] - Comprehensive income for the six months ended June 30, 2023, was $169.7 million, compared to $119.1 million in the same period of 2022, reflecting a 42.5% increase[18] - Net income for the three months ended June 30, 2023, was $75.7 million, a 108% increase from $36.4 million in the same period of 2022[100] - Basic net income per share for the three months ended June 30, 2023, was $0.21, compared to $0.09 for the same period in 2022, representing a 133% increase[100] - The effective tax rate for the three months ended June 30, 2023, was 34.8%, compared to 47.2% for the same period in 2022[95] Expenses and Costs - Research and development expenses decreased to $100.3 million in Q2 2023 from $125.2 million in Q2 2022, reflecting a reduction of 19.9%[18] - Stock-based compensation for the six months ended June 30, 2023, was $54.5 million, down from $75.2 million in the same period of 2022[23] - Total stock-based compensation costs for Q2 2023 were $26.1 million, a decrease of 27.7% from $36.1 million in Q2 2022[60] - Research and development expenses for Q2 2023 were $9.5 million, down from $13.2 million in Q2 2022, representing a 28.0% decrease[60] - Interest expense for the three months ended June 30, 2023, was $35.8 million, an increase from $25.9 million in the same period of 2022[94] Assets and Liabilities - Total assets increased to $2,845.2 million as of June 30, 2023, compared to $2,697.6 million at the end of 2022, representing a growth of 5.5%[16] - The company reported a total stockholders' deficit of $344.9 million as of June 30, 2023, an improvement from a deficit of $568.6 million at the end of 2022[16] - The company’s long-term debt remained relatively stable at $2,405.8 million as of June 30, 2023, compared to $2,411.2 million at the end of 2022[16] - As of June 30, 2023, total accrued expenses and other current liabilities amounted to $340.3 million, down from $385.2 million as of December 31, 2022[45] - The Company's total debt as of June 30, 2023, was $2,417.5 million, a decrease from $2,423.6 million as of December 31, 2022[46] Cash Flow - Cash provided by operating activities for the six months ended June 30, 2023, was $227.5 million, slightly down from $241.1 million in 2022[23] - The company’s cash and cash equivalents increased to $955.1 million as of June 30, 2023, up from $768.7 million at the end of 2022, a rise of 24.3%[16] - Total cash, cash equivalents, and restricted cash at the end of June 30, 2023, was $957.1 million, compared to $1,167.6 million at the end of June 30, 2022[23] - The fair value of cash and cash equivalents was $850.3 million as of June 30, 2023, compared to $688.8 million as of December 31, 2022[72] Legal and Regulatory Matters - The company is currently involved in multiple legal disputes, including a lawsuit alleging unlawful gambling, which may impact its financial condition, although the exact impact is not yet estimable[83][85] - The Company has recorded a reserve for a lawsuit based on its best estimate outcome, with potential liabilities exceeding the current reserve[76] Acquisitions and Investments - The company entered into a definitive agreement to acquire Youda Games for an initial cash consideration of EUR 81.3 million, with a total maximum consideration of EUR 150 million[101] - The company’s net cash used in investing activities for the six months ended June 30, 2023, was $33.0 million, compared to $67.3 million in 2022[23] Derivative Contracts and Interest Rates - The Company had outstanding derivative contracts to purchase foreign currencies hedging approximately $183.0 million in future salary expenses as of June 30, 2023[66] - The aggregate fair value of the Company's interest rate swap agreements was an asset of $57.7 million as of June 30, 2023[65] - A hypothetical 100 basis point increase in interest rates would increase the company's interest expense by $8.6 million over a twelve-month period[160] - The company amended its interest rate swap agreements in June 2023, reducing the fixed interest rate from 0.9275% to 0.85% effective July 31, 2023[157]

Playtika Holding Corp. (NASDAQ:PLTK) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET Company Participants Tae Lee - SVP, Corporate Finance and IR Robert Antokol - Co-Founder and CEO Craig Abrahams - President and CFO Nir Korczak - CMO Conference Call Participants Stephen Ju - Credit Suisse Matt Cost - Morgan Stanley Douglas Creutz - Cowen & Company Aaron Lee - Macquarie Eric Handler - ROTH MKM Eric Sheridan - Goldman Sachs Franco Granda - D.A. Davidson Omar Dessouky - Bank of America Operator Welcome ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-39896 PLAYTIKA HOLDING CORP. (Exact Name of Registrant as Specified in its Charter) Delaware 81-3634591 (State of oth ...

Playtika Holding Corp. (NASDAQ:PLTK) Q4 2022 Earnings Conference Call February 28, 2023 8:30 AM ET Company Participants Tae Lee - Senior Vice President, Corporate Finance & Investor Relations Robert Antokol - Co-Founder & Chief Executive Officer Craig Abrahams - President & Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Matt Cost - Morgan Stanley Douglas Creutz - Cowen & Company Stephen Ju - Credit Suisse Drew Crum - Stifel Omar Dessouky - Bank of America Aaron Lee - Macq ...

PLAYTIKA HOLDING CORP. Fourth Quarter and Fiscal Year 2022 Results February 28, 2023 LEGAL DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements. All statements contained in this presentation other than statements of historical facts, including statements regarding our business strategy, plans, market growth and our objectives for future operations, are forward-looking statements. The words "may," "will," "should," "expect," "would," "plan," "anticipate," "could," "inte ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Exact Name of Registrant as Specified in its Charter) Delaware 81-3634591 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State of other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) For the fiscal period ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition ...