Playstudios, Inc. · NASDAQ:MYPS
Playstudios — Merger or Acquisition (October 2022)
11 slides from Playstudios's merger presentation, Oct 13, 2022
Slide 1: PLAYSTUDIOS Acquisition of Brainium Studios, LLC
CONFIDENTIAL PLAYSTUDIOS Acquisition of Brainium Studios, LLC October 13, 2022
Slide 2: Disclaimer: Forward-Looking Statements
DISCLAIMER Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s acquisition of Brainium, its games, daily active user
Slide 3: Disclaimer (continued): Trademarks and Key Performance Indicators
DISCLAIMER (continued) Trademarks This presentation contains trademarks, service marks, trade names and copyrights of PLAYSTUDIOS and other companies, which are the property of their respective owners. Key Performance Indicators We manage our business by regularly reviewing several key operating met
Slide 4: PLAYSTUDIOS Announces the Acquisition of Brainium
CONFIDENTIAL PLAYSTUDIOS Announces the Acquisition of Brainium
Slide 5: Key Transaction Highlights
Meaningfully and immediately accretive to Adjusted EPS and AEBITDA margins Funded with cash on hand maintaining debt-free balance sheet Nearly doubles audience reach by adding 5.5M MAU and 2M loyal DAU Expands game portfolio into casual genre with rich suite of popular and engaging titles Diversifie
Slide 6: Brainium Studios Overview
BRAINIUM STUDIOS OVERVIEW Brainium Studios (“Brainium”) is a Portland, OR based mobile game studio focused on developing and publishing casual games. Brainium has long-standing reputation for developing elegant, simple and deeply engaging games. High-quality team of 34 tenured game designers, engine
Slide 7: Compelling Catalog of Leading Casual Games
1. As of September 30, 2022. Refer to definitions of MAU and DAU as described on page 2 2. Per Sensor Tower. Represents latest twelve months downloads through September 2022 3. Illustrative game statistics represent last 12-month trends as of June 30, 2022 4. Represents expected revenue, AEBITDA and
Slide 8: Acquisition of Brainium Drives Audience Scale and Earnings Accretion
6.6 5.5 2.0 1.5 ACQUISITION OF BRAINIUM DRIVES AUDIENCE SCALE AND EARNINGS ACCRETION 1. PLAYSTUDIOS metrics reported for average 3 months ended June 30, 2022. Brainium metrics reported as of September 30, 2022. Refer to definitions of MAU and DAU as described on page 2 2. Represents illustrative ful
Slide 9: Meaningful Opportunity to Realize Synergies
MEANINGFUL OPPORTUNITY TO REALIZE SYNERGIES Action Plan Target Outcome UA Efficiencies • Leverage PS institutional capabilities around UA • UA opportunity to reduce cost per install (“CPI”) Product & Monetization Optimization • Introduce new game features to drive uplift engagement and monetization
Slide 10: Summary Transaction Details
SUMMARY TRANSACTION DETAILS Consideration • Purchase Price: $70mm • Earnout: Based on CYE 2022 performance (capped at $27.25mm) Financing • 100% paid in cash • No debt incurred in connection with the transaction • Maintains strong balance sheet Integration • Brainium will maintain its senior leaders
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