Slide 1: 1HFY26 Results Presentation
1HFY26 RESULTS PRESENTaTION 24 FEBRUARY 2026
Slide 2: Financial Highlights
1HFY26 RESULTS PRESENTATION FInAnCiAl HiGhLiGhTS Revenue of $20.4m (pcp: $28.5m, -28%) External Projects revenue of $14.8m (pcp: $18.6m, -20%) Several smaller wins/scope expansions Renewal of Meta Horizons work until Dec 2026 Original IP revenue of $5.6m (pcp: $9.9m, -43%) No games launched during t
Slide 3: Profit & Loss
1HFY26 RESULTS PRESENTATION PROfiT & LOSS AUD$M 1H25 2H25 FY 25 1H26 REVENUE 28.5 20.2 48.7 20.4 Original IP 9.9 6.8 6. 1 7 5.6 Revenue flat on June half 2025 External Projects 18.6 . 13 4 32 0 . 14.8 No new Original IP launches, however back catalogue continued to perform well through sales campaig
Slide 4: Revenue Growth
1HFY26 RESULTS PRESENTATION REVENUE GROWtH FY19 - FY26E 65 49 49+ 38 21 5 12 EXTERNAL PROJECTS 8 ORIGINAL IP FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26E
Slide 5: Cash Flow
AUD$M 1H25 2H25 FY25 1H26 CASH FLOW CASH RECEIPTS 29.8 20.1 49.9 24.6 OP. CASH FLOW (8.4) (7.3) 5.6 Operating cash flow positive CAPITALISED DEV (8.0) (6.4) (14.4) (12.5) Cost savings from restructure Lower marketing costs as MOUSE launch deferred from PP&E, LEASES (1.1) (0.6) (1.7) (0.6) original D
Slide 6: Capital Management
1HFY26 RESULTS PRESENTATION CAPItAl MaNagement Placement in August 2025 Raised $6.6m (before costs) at $0.20/share Share Purchase Plan in September 2025 Raised $1.8m on the same terms as Placement Debt facility of $6m secured against $7.8m FY25 DGTO claim 15% per annum interest rate Significant foun
Slide 7: Operating Highlights
1HFY26 RESULTS PRESENTATION OPERaTiNG HIGHLIGHTS Restructure complete Headcount peaked at 363, now 261 Cost savings running ahead of guidance All active Original IP projects now under one GM Consolidated Melbourne offices later this year Investing for expansion in External Projects Highly experience
Slide 8: Middle East Expansion
1HFY26 RESULTS PRESENTATION MIDDLE EAST EXPaNSION Significant Government support for games development High-level government mandates that integrate digital entertainment into the broader national economic fabric Economic blueprints designed to capture a significant share of the global gaming market
Slide 9: New Publishing Title Co-op 2D Platformer
1HFY26 RESULTS PRESENTATION NEW PUBLISHING TITLE CO-OP 2D PLATFORMER Dew is a 1-2 player co-op adventure with classic 2D platformer mechanics set within a stunningly realistic micro-environment. Players control two tiny heroes, Myric and Dewey, as they join forces to stop the "Necromold" - a corrupt
Slide 10: 1HFY26 Results Presentation
1HFY26 RESULTS PRESENTATION
Slide 11: MOUSE: P.I. For Hire
1 H F Y 2 6 R E S U LTS P R E S E N TAT I O N MOuSe: P.i. For HirE Pre-launch marketing campaign is performing strongly First game play trailer released on 4 February - exclusive under IGN First initiative First hands-on gameplay demo provided to hundreds of top-tier gaming media, influencers and cr
Slide 12: February Marketing Campaign
1HFY26 RESULTS PRESENTATION FEBRUARY 82M+ 1.29m (+52K) 5.1m+ MARKETInG ESTIMATED UVPM CAMPAiGn TOTAL WISHLISTS The road to launch for MOUSE kicked off this month with IGN First - a prestigious editorial takeover on the world's largest gaming website for the month of February. The coverage included e
Slide 13: Community feedback on MOUSE: P.I. For Hire
“DUDE, THE 1AM IN! | LOVED PRESENTATION © a EVERYTHING. LOOKS AMAZIN TD BUY @SILENTSNOOPER ae ETS EVEN IT WITHOUT, Va COOLER EVERY HESITATION we MIRE LOOK ATI “ALOT ‘ONE OF THE MOST MORE THAN JUST gee ™ VISUALLY STRIKING A PRETTY FACE,’ wy GAMES WE VE SEEN IN Ten ie QUITE SOME TIME. ‘SO MUCH CHARM “
Slide 14: Game of Thrones: War for Westeros
1HFY26 RESULTS PRESENTATION GAME Of THRONES WAR For WestErOs Development progressing well Approximately 230k wishlists since initial Cinematic Reveal trailer Strong ‘visit to wishlist’ ratio on Steam following the weekly release of A Knight of the Seven Kingdoms Next major marketing initiatives will
Slide 15: 1HFY26 Results Presentation
1HFY26 RESULTS PRESENTATION
Slide 16: Dumb Ways To Die
1HFY26 RESULTS PRESENTATION DUMB WAYS To DiE Collaboration with Epic Games including Dumb Ways ‘back bling’ and emotes in Fortnite 17m+ views of user-generated content (UGC) across all social channels Dumb Ways to Party announced in October 2025 1.1m+ trailer views across all DWTD channels DWTP team
Slide 17: 1HFY26 Results Presentation
1HFY26 RESULTS PRESENTATION
Slide 18: Industry Themes
1HFY26 RESULTS PRESENTATION InDuSTRY ThEmES Ascendency of US industry M&A activity Meta’s AI backlas vsh W arner ros B . Indie & AA titles remains difficult picking up restructure of regulatory clarity D iscovery in play Reality Labs 2025 saw more indie California accounted 2025 was a record Separat
Slide 19: 2HFY26 Catalysts and FY26 Guidance
1HFY26 RESULTS PRESENTATION 2HFY26 CAtALySTS MOUSE: P.I. For HIRE launches April 16 (US) Major driver of 2HFY26 revenue uplift Strengthened Business Development effort with a focus on External Projects deal flow FY26 GUIDAnCEFY26 revenue to exceed FY25 with a reduction in operating costs Will update
Slide 20: Thank You
PlaySide’ THANK 9-YOU