Since being floated on Nasdaq five years ago, Playtika Holding Corp. (Nasdaq: PLTK) has carried out several downsizing rounds, and its headcount shrank from 3,800 to 3,500 at the end of 2024. It is now making another, larger round of layoffs: according to estimates, up to 700 employees will have to leave, representing about 20% of the workforce at the end of last year. Playtika employs about 1,000 people in Israel. Playtika stated in response: "In accordance with company policy, we do not customarily comm ...

Playtika Holding Corp. (NASDAQ:PLTK) is included among the 15 Stocks with Highest Dividend to Invest in. Freedom Capital Markets Initiates Playtika (PLTK) Coverage With Hold Rating and $3.75 Target On‌ November 3, Freedom Capital Markets beg‍an covering Playtika Holding Corp. (NASDAQ:PLTK) with a Hold rating and a $3.75 price targe‍t, according to a report by The Fly. In​ the third quarter of 2025,⁠ Playtika Holding Corp. (NASDAQ:PLTK) report⁠ed $674.6 million in revenue, an 8% decline comp‍ared‌ with t ...

Financial Data and Key Metrics Changes - The company generated $674.6 million in revenue for Q3 2025, down 3.1% sequentially but up 8.7% year-over-year [8] - GAAP net income was $39.1 million, up 17.8% sequentially but down 0.5% year-over-year [9] - Adjusted EBITDA reached $217.5 million, up 30.2% sequentially and up 10.3% year-over-year [9] - Direct-to-consumer (D2C) revenue crossed $200 million, reaching $209.3 million, up 19% sequentially and up 20% year-over-year [9][10] - D2C represented 31% of total revenue this quarter, with a target of achieving 40% on a run-rate basis in the next two years [10] Business Line Data and Key Metrics Changes - Bingo Blitz revenue was $162.6 million, up 1.5% sequentially and 1.7% year-over-year [10] - Slotomania revenue was $68.5 million, down 20.8% sequentially and 46.7% year-over-year [11] - June's Journey revenue was $68.3 million, down 1.2% sequentially and down 2.7% year-over-year [12] Market Data and Key Metrics Changes - The U.S. iOS platform was identified as a major catalyst driving D2C growth [35] - International markets, particularly Japan, have shown strong performance, with continued opportunities for growth [56] Company Strategy and Development Direction - The company is focusing on stabilizing the Slotomania franchise while reallocating resources towards higher-return opportunities [5][11] - There is an ongoing effort to enhance player experience through AI-driven initiatives and improve operational efficiency [7][18] - The company plans to continue its strategy of returning capital to shareholders through dividends and buybacks while pursuing selective M&A [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the performance of Disney Solitaire and its impact on future game launches [4][44] - The company is optimistic about stabilizing Slotomania and improving its game economy [39] - There is a cautious outlook regarding near-term revenue recovery for Slotomania, with a focus on enhancing game experience and payer retention [11][12] Other Important Information - The company had approximately $640.8 million in cash, cash equivalents, and short-term investments as of September 30 [16] - Cost of revenue increased by 6.1% year-over-year, while operating expenses rose by 21.6% year-over-year [13] Q&A Session Summary Question: Can you expand on reallocating resources and AI initiatives? - The company is investing in growth for acquired titles and enhancing player experience through AI, focusing on efficiency and quicker feature releases [18][19] Question: Thoughts on dividend and capital allocation for 2026? - The company is evaluating its capital allocation framework but cannot share specific future plans at this time [24][25] Question: Impact of Google barring sweepstakes from advertising? - The company is monitoring the situation but does not comment on speculation [28] Question: Will Jackpot Tour cannibalize current slot titles? - Management believes Jackpot Tour will target a different audience and will not cannibalize existing titles [29] Question: What drove the acceleration in D2C growth? - The D2C platform is a significant advantage, with most games already on it, and U.S. iOS was a major catalyst for growth [34][35] Question: How to stabilize Slotomania and marketing allocation? - The company is focused on improving Slotomania's game economy and will adjust marketing based on performance metrics [39][40] Question: Changes in competitive dynamics for Slotomania? - The competitive dynamics have remained consistent, with strong performance in U.S. iOS and international markets [56][58]

PLAYTIKA HOLDING CORP. Third Quarter 2025 Results November 6, 2025 LEGAL DISCLAIMER Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Exchange Act. All statements other than statements of historical facts contained in this presentation, including statements regarding our business strategy, plans and our objectives for future operations, are forward-looking statements. Furth ...

Revenue of $674.6 million and Direct-to-Consumer (“DTC”) Revenue of $209.3 millionRevenue Decreased (3.1)% Sequentially and Increased 8.7% Year Over Year DTC Platforms Revenue Increased 19.0% Sequentially and 20.0% Year Over Year HERZLIYA, Israel, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ: PLTK) today released financial results for its third quarter for the period ending September 30, 2025. Financial Highlights Revenue of $674.6 million decreased (3.1)% sequentially and increased 8.7% ...

Core Insights - Playtika Holding Corp. (NASDAQ:PLTK) has reached a new 52-week low of $3.51, indicating a continued downward trend in its stock price [2][3] - UBS has reduced its price target for Playtika from $5.50 to $4.00, maintaining a 'Neutral' rating due to slower growth in key social casino titles and a reduced revenue outlook for 2025 [3] Financial Performance - The company reported weaker-than-expected second-quarter results, contributing to the price target cut by UBS [3] - UBS has adjusted its 2025 revenue outlook for Playtika to approximately 3.5% below prior guidance [3] Strategic Focus - Despite current challenges, Playtika is focused on achieving its EBITDA targets and is shifting more sales to direct-to-consumer channels, which are expected to reach 40% in the long term, up from 25% today [4] - Playtika is engaged in the development and distribution of mobile games globally, positioning itself as one of the 10 cheapest penny stocks to buy now [4]

Group 1 - Playtika Holding Corp. (NASDAQ:PLTK) has had its price target lowered by UBS from $5.5 to $4 while maintaining a Neutral rating on the stock [1][3] - The company's legacy portfolio, particularly Slotomania, saw a significant decline of 39.4% year-over-year during Q2 FY2025, while Bingo Blitz revenue increased by 2.9% [2] - Playtika's strategic shift towards Direct-to-Consumer (DTC) revenue showed minimal growth of 1.3% year-over-year, with a long-term DTC target raised from 30% to 40% [3] Group 2 - Analysts from BofA, Wedbush, and TD Cowen maintain a bullish outlook on PLTK, assigning Buy ratings with price targets of $5.5, $11.5, and $14 respectively [4] - The average price target for Playtika Holding Corp. is $5.25, suggesting an upside potential of nearly 40% from current levels [4] - Playtika develops mobile games and distributes them through various web and mobile platforms, including DTC platforms [5]

Financial Data and Key Metrics Changes - The company reported revenue of $696 million for Q2 2025, reflecting a 1.4% sequential decline but an 11% year-over-year increase [12] - Adjusted EBITDA for the quarter was $167 million, showing a slight sequential decline of 0.2% and a year-over-year decrease of 12.6% [12] - GAAP net income for the quarter was $33.2 million, representing an 8.5% sequential increase but a 61.7% year-over-year decrease [12] Business Line Data and Key Metrics Changes - D2C revenue for the quarter was $175.9 million, reflecting a 1.8% sequential decline and a 1.3% year-over-year increase [13] - Bingo Blitz revenue was $160.2 million, down 1.3% sequentially but up 2.9% year-over-year [14] - Slotomania revenue was $86.5 million, down 22.7% sequentially and 35.4% year-over-year [16] - June's Journey revenue was $69.1 million, up 0.3% sequentially but down 7.4% year-over-year [17] Market Data and Key Metrics Changes - The average DAU decreased by 2.2% sequentially but increased by 8.6% year-over-year to 8.8 million [23] - The average DPU declined by 3.1% sequentially and increased by 26.8% year-over-year to $378,000 [23] - ARPDAU was flat versus Q1 and increased by 2.4% year-over-year to $0.87 [23] Company Strategy and Development Direction - The company is increasing its long-term target for D2C revenue from 30% to 40% to sustain EBITDA and free cash flow [7][14] - The development of a new slot game is on track for launch in Q4 2025, viewed as a key growth driver [9] - The company is focusing on expanding its advertising business, which saw double-digit growth sequentially [34] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing headwinds in mobile gaming but remains committed to strategic priorities [5] - The company is optimistic about the performance of Disney Solitaire and the Super Play portfolio [6] - Management noted that while some mature titles are experiencing revenue declines, recently acquired titles are transitioning from EBITDA negative to positive [7] Other Important Information - The company has approximately $592.1 million in cash, cash equivalents, and short-term investments as of June 30 [22] - Cost of revenue increased by 16.4% year-over-year, driven by revenue growth and increased amortization expenses [19] - Operating expenses increased by 22.6% year-over-year, primarily due to higher performance marketing spending [20] Q&A Session Summary Question: Insights on stabilizing older titles like Slotomania - Management shared that they are learning from the monetization issues in Slotomania and are encouraged by the changes being made [25][27] Question: Economics of Disney Solitaire - Management indicated that while licensing costs are not disclosed, Disney Solitaire is scaling faster than previous titles and is a successful collaboration [30][32] Question: Structural shifts in the mobile gaming market - Management stated that investments are focused on category-leading games, with less emphasis on older titles lacking leadership [33] Question: Impact of sweepstakes on social casino business - Management acknowledged pressure in the social casino category but could not provide specific numbers related to sweepstakes [39] Question: Appetite for more IP or licensing arrangements - Management expressed openness to pursuing licensed IP opportunities that align with their strategy [42] Question: Development of Jackpot Tour - Management indicated that Jackpot Tour is expected to differentiate itself in the market, with more details to be shared in the future [44][45] Question: Impact of app store fee changes - Management noted that changes in the payment landscape have been a positive tailwind, aiding in the increase of D2C penetration [49][50]

Financial Performance - Playtika's revenue reached $696 million, reflecting an 11% increase year-over-year[7] - GAAP Net Income was $33.2 million, a decrease of (61.7)% year-over-year[7] - Adjusted Net Income was $6.5 million, a decrease of (91.4)% year-over-year[7] - Adjusted EBITDA was $167 million, a decrease of (12.6)% year-over-year[7] - The Adjusted EBITDA margin was 24%, compared to 30.5% in Q2 2024[7] Key Performance Indicators - Average Daily Paying Users were 378,000, an increase of 26.8% year-over-year[8] - Average Payer Conversion was 4.3%, up from 3.7% in Q2 2024[8] Game Performance - Bingo Blitz revenue was $160.2 million, an increase of 2.9% year-over-year[8] - Slotomania revenue was $86.5 million, a decrease of (35.4)% year-over-year[8] - June's Journey revenue was $69.1 million, a decrease of (7.4)% year-over-year[8] Liquidity and Debt - Cash, cash equivalents, and ST investments totaled $592.1 million as of June 30, 2025[7] - The company has approximately $1.14 billion in available liquidity[22]

Core Insights - Playtika Holding Corp. reported a revenue of $696.0 million for Q2 2025, reflecting a sequential decrease of 1.4% but an increase of 11.0% year over year [1][9] - Direct-to-Consumer (DTC) revenue was $175.9 million, showing a sequential decrease of 1.8% and a year-over-year increase of 1.3% [1][9] - The company announced a quarterly dividend of $0.10 per share, payable on October 10, 2025 [5] Financial Performance - GAAP Net Income for Q2 2025 was $33.2 million, an increase of 8.5% sequentially but a decrease of 61.7% year over year [9] - Adjusted Net Income was $6.5 million, down 82.0% sequentially and 91.4% year over year [9] - Adjusted EBITDA for the quarter was $167.0 million, a slight decrease of 0.2% sequentially and a decrease of 12.6% year over year [9] Operational Metrics - Average Daily Paying Users (DPUs) were 378,000, a decrease of 3.1% sequentially but an increase of 26.8% year over year [10] - Bingo Blitz generated revenue of $160.2 million, a sequential decrease of 1.3% but an increase of 2.9% year over year [10] - Slotomania revenue was $86.5 million, reflecting a significant sequential decrease of 22.7% and a year-over-year decrease of 35.4% [10] Strategic Initiatives - The company is increasing its long-term target for DTC revenue to 40%, up from 30%, to enhance margin balance amid competitive pressures in mobile gaming [3] - The successful launch of Disney Solitaire has achieved a $100 million annual run-rate revenue, highlighting the effectiveness of collaboration with Disney & Pixar Games [3] Financial Outlook - Playtika revised its revenue guidance for the year to a range of $2.70 to $2.75 billion while maintaining Adjusted EBITDA guidance between $715 and $740 million [6]