Business
Final results for the year ended 31 December 2021
Final results for the year ended 31 December 2021.
About this update from Playtech Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8846F\n Playtech PLC\n 24 March 2022\n \n \n \n \n Playtech plc\n \n \n \n \n \n (\"Playtech\", the \"Company\", or the \"Group\")\n \n \n \n \n \n Final results for the year ended 31 December 2021 \n \n \n \n \n \n Strong FY 2021 performance with Adjusted EBITDA of €317 million\n \n \n \n \n \n Playtech (LSE: PTEC) today announces its final results for the year ended 31 December 2021. \n \n \n Financial summary (continuing operations)1 \n \n \n \n \n \n \n \n \n \n \n \n \n FY 2021\n \n \n \n \n FY 2020\n \n \n \n \n Change\n \n \n (reported)\n \n \n \n \n Change (const.\n \n \n currency)4\n \n \n \n \n \n \n Revenue\n \n \n \n \n 1,205.4m \n \n \n \n \n €1,078.5m \n \n \n \n \n 12%\n \n \n \n \n 11%\n \n \n \n \n \n \n Adjusted EBITDA2\n \n \n \n \n 317.1m \n \n \n \n \n 253.6m \n \n \n \n \n 25%\n \n \n \n \n 25%\n \n \n \n \n \n \n Adjusted post-tax profit3\n \n \n \n \n 127.6m \n \n \n \n \n 27.3m \n \n \n \n \n 366%\n \n \n \n \n 340%\n \n \n \n \n \n \n Reported post-tax profit/(loss)3\n \n \n \n \n 686.7m\n \n \n \n \n -\n \n €73.1m\n \n \n \n \n n/a\n \n \n \n \n n/a\n \n \n \n \n \n \n Adjusted diluted EPS\n \n \n \n \n 40.9 €c \n \n \n \n \n 8.8 €c\n \n \n \n \n 365%\n \n \n \n \n 339%\n \n \n \n \n \n \n Reported diluted EPS\n \n \n \n \n 220.0 €c\n \n \n \n \n -24.5 €c \n \n \n \n \n n/a\n \n \n \n \n n/a\n \n \n \n \n \n \n \n \n \n Summary \n \n \n \n \n \n · \n Strong FY 2021 driven by B2B online, particularly Latin America, and Snaitech \n \n \n · \n Financial performance ahead of expectations with Adjusted EBITDA of €317.1 million\n \n \n · \n B2B performance led by Americas with revenue growth of 64% at constant currency vs. FY 2020\n \n \n · \n Increase in reported post-tax profit driven by unrealised gain related to Group's embedded options in Latin America agreements\n \n \n · \n Strong Snaitech performance with excellent online driving Adjusted EBITDA growth of 38% \n \n \n · \n Continued strengthening of the Board with Brian Mattingley joining as Chairman on 1 June 2021\n \n \n · \n New Sustainability and Public Policy Committee to drive continued sustainability progress \n \n \n · \n Significant progress in 2021 and excellent start to 2022 underpins the B...