Playside Studios Ltd · ASX:PLY
Playside Studios — Investor Presentation (May 2023)
16 slides from Playside Studios's investor presentation, May 31, 2023
Slide 1: Investor Presentation – NWR Vantage Point Conference
PlaySide Studios Limited ACN 154 789 554 75 Crockford Street Port Melbourne VIC 3207 Ph +61 407 880 693 31 May 2023 The Manager Company Announcements Office ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 INVESTOR PRESENTATION – NWR VANTAGE POINT CONFERENCE To whom it may concern Attached is a
Slide 2: NWR Vantage Point Conference
NWR Vantage Point Conference 31.05.23 1
Slide 3: PlaySide is the largest game development company in Australia
PlaySide is the largest game development company in Australia, having worked on 60+ titles across mobile, virtual and augmented reality, and PC. Founded in 2011 and listed on the ASX in December 2020, PlaySide has 260+ staff with offices in Melbourne (HQ) and the Gold Coast. 2023 Copyright PlaySide
Slide 4: Worked on 60+ game titles across mobile, VR, AR and PC
• Worked on 60+ game titles across mobile, virtual reality, augmented reality and PC • Self-published games based on Original IP • Third party publisher of Original IP titles from smaller independent (indie) studios • Game development services (Work for Hire) for Meta, Activision Blizzard, TakeTwo I
Slide 5: Value Creation Path
VALUE CREATION PATH NATURAL PROGRESSION TO LARGER PROJECTS MAJOR WFH ON PC / VR THE FUTURE • Growing publishing portfolio PC TITLES LICENSED • PC/Console Titles MOBILE IP IP MOBILE SMALL WFH • Growing WFH Book • AAA games using licensed IP FY19 FY20 FY21 FY22* FY23* $4m $7m $11m $20m $35m+ WFH ORIGI
Slide 6: Industry Overview: Video Games Approaching a US$200bn Market
INDUSTRY OVERVIEW VIDEO GAMES APPROACHING A US$200BN MARKET VIDEO GAMES AS A % OF CONSOLE $52BN PC $38BN GLOBAL ENTERTAINMENT & MEDIA SECTOR SPEND 10.9% 6.1% 2017 2026E MOBILE $92BN 2023 Copyright PlaySide Studios PTY LTD Sources: Newzoo 2022 Global Games Report, PwC. Figures in USD. 5
Slide 7: Crossover Appeal Between Gaming, TV & Film Media
INDUSTRY OVERVIEW CROSSOVER APPEAL BETWEEN GAMING, TV & FILM MEDIA THE SUPER LAST OF US MARIO BROS TV DRAMA ANIMATED FILM (JAN 2023) (APRIL 2023) BASED ON VIDEO GAME BASED ON VIDEO GAME FRANCHISE FRANCHISE HIGHEST CUMULATIVE BIGGEST GLOBAL AUDIENCE (30.4M) FOR OPENING FOR AN ANY HBO SERIES SINCE ANI
Slide 8: Several Newer Entrants Expanding Gaming Investment
INDUSTRY OVERVIEW SEVERAL NEWER ENTRANTS EXPANDING GAMING INVESTMENT NETFLIX GAMES AMAZON GAMES META REALITY LABS INVESTMENT FUND LAUNCHED IN 2021 LAUNCHED IN 2012 LAUNCHED IN 2020 LAUNCHED IN 2021 HIRED SENIOR CREATIVE ACQUIRES TWITCH STREAMING ACQUIRED OCULUS VR FOR FULLY OWNED BY THE SAUDI DIRECT
Slide 9: Demand for Content Driving Major Industry Consolidation
INDUSTRY OVERVIEW DEMAND FOR CONTENT DRIVING MAJOR INDUSTRY CONSOLIDATION ACQUIRER: MICROSOFT ACQUIRER: SEGA ACQUIRER: TAKETWO ACQUIRER: SONY ACQUIRER: EA TARGET: ACTIVISION BLIZZARD TARGET: ROVIO TARGET: ZYNGA TARGET: BUNGIE TARGET: GLU MOBILE US$69BN (PROPOSED) US$775M (PROPOSED) US$13BN (MAY 2022
Slide 10: Strategic Stakes Across the Listed Mid-Tier Studio Space
INDUSTRY OVERVIEW STRATEGIC STAKES ACROSS THE LISTED MID-TIER STUDIO SPACE REMEDY ENTERTAINMENT DON’T NOD ENTERTAINMENT A$500M MARKET CAP A$200M MARKET CAP LISTED IN FINLAND LISTED IN FRANCE PUBLISHING DEALS WITH EPIC, DEVELOPER AND ROCKSTAR, TENCENT CO-PRODUCER OF INDIE GAMES TENCENT: 5% TENCENT: 2
Slide 11: Mobile: Portfolio of Consistent Mobile Performers
MOBILE PORTFOLIO OF CONSISTENT MOBILE PERFORMERS • More than a dozen active mobile titles excluding the Dumb Ways portfolio • Mobile games based on licenses for Legally Blonde and The Godfather • Five titles in the highly successful Warfare franchise delivering ~45% of mobile app store revenue (excl
Slide 12: Dumb Ways to Die: Global Franchise with Many Growth Levers
DUMB WAYS TO DIE GLOBAL FRANCHISE WITH MANY GROWTH LEVERS • Acquired for A$2.25m from Metro Trains in 2021 • Expanded portfolio to include mobile games, card games, Web 3, merchandise • Strong social media profile - approaching 300M YouTube views, top ten gaming TikTok account • Original Dumb Ways t
Slide 13: PC/Console: Producing Hit Titles Remains Our Goal
PC/CONSOLE PRODUCING HIT TITLES REMAINS OUR GOAL • Age of Darkness (200k+ downloads to date) • Award-winning real-time strategy game • ~5,000 reviews on Steam (‘very positive’ rating) • Influential in signing recent WFH projects • World Boss • Influencer-driven first person shooter • ‘Project Phoeni
Slide 14: Publishing: Growing Publishing Portfolio
PUBLISHING GROWING PUBLISHING PORTFOLIO • Established in July 2022 • Three key hires including Harley Homewood (Global Head of Publishing, ex-Team17) • Investment in the latter stages of development • Indie titles where we can add value to the process • Published under our brand - quality over quant
Slide 15: Work for Hire: Partnering with AAA Studios
WORK FOR HIRE PARTNERING WITH AAA STUDIOS • Working for AAA studios on multi-year development projects across PC, virtual reality and mixed reality • Working on: • Franchise titles • Highly recognisable IP • Cutting edge VR/AR technology • Profitable business segment • Provides us with the ability t
Slide 16: Summary
SUMMARY RECORD FY23E DEMAND FOR PRODUCING HIT FIRST PUBLISHING WORK FOR HIRE REVENUE ($35M+) GAMING CONTENT ORIGINAL IP TITLE SIGNED PARTNERING WITH AAA IS DRIVING TITLES REMAINS STUDIOS $28.6M TWELVE- OUR GOAL CONTINUED WORLD-CLASS TEAM MONTH FORWARD INDUSTRY ESTABLISHED TO BUILD PROFITABLE BUSINES