Playtika Holding Corp. · NASDAQ:PLTK
Playtika — Q3 2021 Earnings Presentation
15 slides from Playtika's earnings presentation, Nov 3, 2021
Slide 1: Third Quarter 2021 Earnings Presentation
© 2020 Playtika Ltd. All Rights Reserved. THIRD QUARTER 2021 Earnings Presentation November 3rd | 2021
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements. All statements contained in this presentation other than statements of historical facts, including statements regarding our business strategy, plans, market growth and our objectives for future operati
Slide 3: Third Quarter Highlights & Recent Developments
THIRD QUARTER HIGHLIGHTS & RECENT DEVELOPMENTS ➢ Delivered revenue growth of 4% on top of strong Q3’20 comparable ➢ Daily Player Conversion increased to 2.8%, up from 2.6% in Q3’20 ➢ Solitaire Grand Harvest and Bingo Blitz grew 45% and 15% year-over- year, respectively ➢ Continued growth in casual g
Slide 4: Q3 2021 Revenue and AEBITDA
$261 $248 Q3'20 Q3'21 $613 $636 Q3'20 Q3'21 +3.7% -5.2% Revenue & AEBITDA Y/Y REVENUE AEBITDA* AEBITDA: We define Adjusted EBITDA as net income before (i) interest expense, (ii) interest income, (iii) provision for income taxes, (iv) depreciation and amortization expense, (v) stock-based compensatio
Slide 5: LiveOps Sustains Player Metrics Over Robust Q3'20 Comparable
0.61 0.67+8.8% ARPDAU* ($) 2.6% 2.8% +8.5% Daily Payer Conversion* (%) 283 293 +3.4% Average Daily Paying Users* (Thousands) LIVEOPS SUSTAINS PLAYER METRICS OVER ROBUST Q3’20 COMPARABLE Q3 2021Q3 2020 Average Daily Paying Users: the number of individuals who purchased, with real world currency, virt
Slide 6: Case Studies: Strong Growth in Casual
CASE STUDIES: STRONG GROWTH IN CASUAL BINGO BLITZ SOLITAIRE GRAND HARVEST Q2 Increase in ARPDAU 6 New Features: ✓ Utilized Boost platform to launch collectible album feature in Q3 Revenue +15% Y/Y Revenue +45% Y/Y ✓ Revamp of Bingo game engine ✓ Continued success from “Clans" feature ✓ Rebuilding ga
Slide 7: Revenue Mix Shift to Casual Increasing
REVENUE MIX SHIFT TO CASUAL INCREASING Casual Themed 45.1% Casino Themed 54.9% Q3’20 Q3’21 Casual Themed 48.9% Casino Themed 51.1% Casual Themed games includes: Bingo Blitz, June’s Journey, Solitaire Grand Harvest, Best Fiends, Board Kings, Pirate Kings, Pearls Peril, Best Fiends Stars, Redecor and
Slide 8: Revenue Breakdown by Platform
REVENUE BREAKDOWN BY PLATFORM Q3 2021 Gross Revenue by Platforms Notes: 1.Includes iOS, Android, Facebook, Amazon, Windows and other third-party platforms 3rd Party Platforms (1) Proprietary Platforms ▪ Proprietary Platforms % of revenues increased to 21.7%, up from 14.5% in Q3’20 ▪ Proprietary Plat
Slide 9: Revenue by Geography
REVENUE BY GEOGRAPHY USA. EMEA. APAC. OTHER Q3’20 Q3’21 70% 15% 9% 6% 70% 14% 9% 7% 9
Slide 10: Switchcraft Global Launch
SWITCHCRAFT GLOBAL LAUNCH ▪ SWITCHCRAFT is a mystery-themed, Match-3 game that combines the best of puzzle-centered gameplay with an immersive and gripping narrative ▪ Developed by our studio in Berlin, creators of our hit title, June’s Journey ▪ Hundreds of spellbinding puzzles that unlock a thrill
Slide 11: Soft Launch of Merge Stories & New Game Development
SOFT LAUNCH OF MERGE STORIES & NEW GAME DEVELOPMENT 11 ▪ October Soft launch of Merge Stories, built by our Jelly Button studio, creators of Board Kings ▪ Innovative hybrid game that combines the core merge game mechanic with casual build/battle elements ▪ Global launch planned for Q2’22 ▪ Potential
Slide 12: Playtika Enters Design Entertainment
PLAYTIKA ENTERS DESIGN ENTERTAINMENT ▪ Acquired Reworks Oy, maker of Redecor, a fusion between home design and mobile gaming ▪ In 18 months since its launch, Redecor has grown to become the #2 Design Entertainment app based on in-app purchase revenue ▪ Appeals to similar demographic as Playtika’s ex
Slide 13: FY2021 Guidance
FY2021 Adjusted EBITDA guidance of $980 million GUIDANCE1 Revenue guidance of $2.57 billion $2.57B $980M 1) Prior FY’21 guidance of Revenue of $2.6 billion and Adjusted EBITDA of $1.0 billion was provided on our Q1’21 earnings call on 5/11/21 and reiterated on our Q2’21 earnings call on 8/4/21. Prio
Slide 14: Appendix
© 2020 Playtika Ltd. All Rights Reserved. APPENDIX 14
Slide 15: Reconciliation
RECONCILIATION Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures and should not be construed as alternatives to net income as indicators of operating performance, nor as alternatives to cash flow provided by operating activities as a measure of liquidity, in each case as det