Playtika(US:PLTK)2025-11-06 13:02Revenue Performance - Revenue for Q3 2025 was $674.6 million, a decrease of 3.1% sequentially and an increase of 8.7% year over year[5] - Direct-to-Consumer (DTC) revenue reached a record $209.3 million, increasing 19.0% sequentially and 20.0% year over year[5] - Bingo Blitz revenue was $162.6 million, increasing 1.5% sequentially and 1.7% year over year[6] - Revenues for the three months ended September 30, 2025, increased to $674.6 million, up from $620.8 million in 2024, representing an 8.5% growth[20] Income Metrics - GAAP Net Income was $39.1 million, up 17.8% sequentially but down 0.5% year over year[5] - Adjusted Net Income surged to $65.8 million, reflecting a 912.3% increase sequentially and a 16.3% increase year over year[5] - Net income for the nine months ended September 30, 2025, was $102.9 million, a decrease of 42.5% compared to $178.9 million in 2024[20] - The company reported a net income margin of 5.0% for the nine months ended September 30, 2025, down from 9.4% in 2024[30] EBITDA and Cash Flow - Adjusted EBITDA for the quarter was $217.5 million, representing a 30.2% sequential increase and a 10.3% year-over-year increase[5] - Adjusted EBITDA for the nine months ended September 30, 2025, was $551.8 million, compared to $573.8 million in 2024, reflecting a decline of 3.8%[30] - Free Cash Flow for the nine months ended September 30, 2025, was $217.9 million, down from $268.3 million in 2024, a decrease of 18.7%[24] - Cash flows from operating activities for the nine months ended September 30, 2025, were $281.8 million, compared to $337.0 million in 2024, a decline of 16.3%[22] Costs and Expenses - Total costs and expenses for the three months ended September 30, 2025, were $576.2 million, an increase from $523.3 million in 2024, representing a 10.1% rise[20] Shareholder Returns - Playtika's Board declared a cash dividend of $0.10 per share, payable on January 9, 2026[7] - The company paid dividends totaling $112.5 million during the nine months ended September 30, 2025, compared to $74.3 million in 2024, an increase of 51.5%[22] User Metrics - Average Daily Paying Users (DPUs) were 354,000, a decrease of 6.3% sequentially but an increase of 17.6% year over year[6] Guidance - The company reaffirmed its full-year revenue guidance of between $2.70 billion and $2.75 billion, and Adjusted EBITDA guidance of between $715 million and $740 million[8] Impairment Charges - The company experienced an impairment charge of $1.9 million for the nine months ended September 30, 2025, compared to $36.3 million in 2024[30] Cash Position - Cash, cash equivalents, and short-term investments totaled $640.8 million as of September 30, 2025[5] Shares Information - The weighted-average shares used in computing net income per share attributable to common stockholders, basic, was 372.9 million for the nine months ended September 30, 2025[20]