Slide 1: It's More Than a Game
IT’S MORE THAN A GAME.
Slide 2: Disclaimer: Forward Looking Statements
DISCLAIMER Forward Looking Statements This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our future financial and operating performance, our liquidity and capital resources, the developmen
Slide 3: Disclaimer (continued): Key Performance Indicators
DISCLAIMER (continued) Key Performance Indicators We manage our business by regularly reviewing several key operating metrics to track historical performance, identify trends in player activity, and set strategic goals for the future. Our key performance metrics are impacted by several factors that
Slide 4: Earnings Update (Q4 & Year-End 2021)
E A R N I N G S U P D A T E ( 4 T H Q u a r t e r & Ye a r - E n d 2 0 2 1 )
Slide 5: Agenda
• Investment Highlights • Vision • Business Overview • Performance • Financials AGENDA
Slide 6: Investment Highlights
Founder-led Industry-leading Talent Loyal, Engaged and Valuable Audience Compelling Library of Games Proven record of efficient capital allocation Leader in Loyalty and Rewarded Play Global Network of Award Partners Dedicated Network of Players $40M ‘21 AEBITDA $114M ‘21 VALUE OF PURCHASES 15.4% 4-Y
Slide 7: Vision
V I S I O N
Slide 8: Dominate Rewarded Play
Dominate Rewarded Play.
Slide 9: Evolve playAWARDS into a universal Play-to-Earn platform
PS Chance PS Casual PS Core PS Other Other Apps RPG I Strategy BingoSlots Puzzle I Card R ew ar ds P ar tn er s C on su m er s G am e D ev el op er s Other Games Hybrid All Genres VISION Evolve playAWARDS into a universal “Play-to-Earn” platform . . . PLAYSTUDIOS ‘Published’ Products 3rd Party Devel
Slide 10: Become a platform company serving all genres
Become a platform company serving all genres . . . Platform Program Niche Portfolio • Multi-Tennancy • 3rd Party Apps • playCASTING • Multi-Genre • playLINK Integration • Casino Expansion • playAWARDS Expansion • Multi-product • Synchronized LP • Single Product with Rewards VISION
Slide 11: Focus: Strategic Priorities
FOCUS Strategic Priorities Optimize CORE Products • Increase New Feature and LiveOps Density • Execute with Discipline • Improve Operating Margins 1. Expand our PORTFOLIO 2. • Scale Bingo Game • Scale MGM Slots Live • Optimize TETRIS • Execute M&A Strategy Advance playAWARDS Platform 3. • Expand Col
Slide 12: Business Overview
B U S I N E S S O V E R V I E W
Slide 13: Overview
OVERVIEW 1. Optimize CORE Products 2. Expand our PORTFOLIO 3. Advance playAWARDS Platform 4. Enhance our Business MODEL Q4 Revenues of $71.9 million, up 12.4% YoY, driven by Core products and new games Q4 AEBITDA of $12.0 million Generalized select services into playLINK. Added 9 new partners includ
Slide 14: Optimize: Continue to grow our core products
OPTIMIZE The Las Vegas experience in the palm of your hand! myVEGAS Group play innovation! Pop! Slots An authentic slot app for the casino purist! myKonami The most iconic casino brand and the best of POP! MGM Slots Live Areas of Focus Features – New Shows, Leagues & myVIP Upgrades Content – Innovat
Slide 15: Expand: Diversify game portfolio, enter new genres
EXPAND Diversify game portfolio – enter new genres. • Best-in-Class Core Game-Play • Real Las Vegas Branded Bingo Rooms • Casino-Specific Powerups • Club & Group Social Bingo • Collectibles • Vanity Items and Badges • Bonus Slot Games • playAWARDS Loyalty Integration Product Position & Focus Market
Slide 16: Advance: Drive playAWARDS adoption and engagement
Continue to drive playAWARDS adoption and engagement ADVANCE Retail Value of In-Store Rewards $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 COVID Omicron - 50,000 100,000 150,000 200,000 250,000 300,000 COVID Omicron Rewards Purchased
Slide 17: Performance
P E R F O R M A N C E
Slide 18: Financial Snapshot: Revenue and AEBITDA
28.6 37.3 49.5 58.0 39.5 2017 2018 2019 2020 2021 AEBITDA 161.8 195.5 239.4 269.9 287.4 2017 2018 2019 2020 2021 Revenue Revenue and AEBITDA ($MM) FINANCIAL SNAPSHOT 15.4% CAGR Impacted by New Game Development
Slide 19: Growth: DAU and Monthly Revenue
$- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 2,000,000 DAU Revenue GROWTH We’ve cultivated our network and consistently scaled revenues. DA U M onthly Revenue COVID Impact
Slide 20: Growth Strategy
GROWTH STRATEGY Apply our proven framework and enhance our commercial model. OPTIMIZE . . . our existing franchises – continue to run our core products. EXPAND . . . our portfolio – build, launch, and scale new games across other genres. ACQUIRE . . . games & expand our network – adding proven apps
Slide 21: 2022 Guidance
Revenue & AEBITDA ($MM) 2022 GUIDANCE 74.1 70.8 70.6 71.9 287.4 325.0305.0 Actual 2021 Guidance 2022 REVENUE ($MM) Guidance RangeQ1 Q2 Q3 Q4 14.5 3.4 9.6 12.0 39.5 50.040.0 Actual 2021 Guidance 2022 AEBITDA ($MM) Guidance RangeQ1 Q2 Q3 Q4 • Initiating ‘22 Revenue guidance equating to 10% expected to
Slide 22: Financials
F I N A N C I A L S
Slide 23: 2021 vs. 2020 Quarterly Revenue
2021 vs. 2020 Quarterly Revenue ($MM) FINANCIAL SNAPSHOT 58.3 77.9 69.7 64.0 74.1 70.8 70.6 71.9 Q1 Q2 Q3 Q4 2020 2021 RE VE N U E ($ M M )
Slide 24: 2021 vs. 2020 Quarterly AEBITDA
13.5 22.5 13.2 8.8 14.5 3.4 9.6 12.0 Q1 Q2 Q3 Q4 2020 2021 2021 vs. 2020 Quarterly AEBITDA ($MM) FINANCIAL SNAPSHOT AE BI TD A ($ M M )
Slide 25: Consolidated Statement of Operations
FINANCIALS Consolidated Statement of Operations
Slide 26: Reconciliation of Net Income to AEBITDA
FINANCIALS Reconciliation of Net Income to AEBITDA
Slide 27: Reconciliation of Net Income to AEBITDA (CY'17 through '21)
FINANCIALS Reconciliation of Net Income to AEBITDA (for CY’17 through ‘21)
Slide 28: Reconciliation of Net Income to AEBITDA (Quarterly '21 vs. '20)
FINANCIALS Reconciliation of Net Income to AEBITDA (Quarterly ’21 vs. ‘20)
Slide 29: Thank You!
t h a n k y o u !