Playtika Holding Corp. · NASDAQ:PLTK
Playtika — Q1 2025 Earnings Presentation
13 slides from Playtika's earnings presentation, May 8, 2025
Slide 1: First Quarter 2025 Results
PLAYTIKA HOLDING CORP. First Quarter 2025 Results May 8, 2025
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Exchange Act. All statements other than statements of historical facts contained in this prese nt
Slide 3: Q1 Financial Highlights
Q1 FINANCIAL HIGHLIGHTS Revenue of $706.0 million, GAAP Net Income of $30.6 million, Adjusted Net Income of $36.2 million and Adjusted EBITDA of $167.3 million. Revenue increased by 8.6% sequentially and increased by 8.4% year over year. GAAP Net Income of $30.6 million decreased (42.3)% year over y
Slide 4: Q1 Business Highlights
Q1 BUSINESS HIGHLIGHTS Average Daily Paying Users of 390K increased 15.0% sequentially and increased 26.2% year over year. Average Payer Conversion of 4.3%, compared to 4.2% in Q4 2024 and 3.5% in Q1 2024. Bingo Blitz revenue of $162.4 million increased 2.1% sequentially and increased 3.1% year over
Slide 5: Quarterly Revenue by Platform
QUARTERLY REVENUE BY PLATFORM Total Revenue Direct-to-Consumer Platforms Revenue Third-Party Platforms Revenue +8.4% +4.5% +9.8% Note: USD in millions. See appendix for definitions of Direct-to-Consumer Platforms. 5
Slide 6: Selected Quarterly Financials
SELECTED QUARTERLY FINANCIALS GAAP Net Income Adjusted EBITDA and Margin (9.9)% (42.3)% Note: USD in millions. See appendix for definitions of Adjusted EBITDA. Adjusted EBITDA is a non-gaap measure, see reconciliation on slide 11. 6
Slide 7: Quarterly KPI Trends
QUARTERLY KPI TRENDS Average Daily Paying Users (in millions) Average Daily Active Users (in millions) +26.2% +2.3% Average Revenue per Daily Active User Average Payer Conversion +7.4% 80 bps Note: See appendix for definitions of Average Daily Paying Users, Average Daily Active Users, Average Revenu
Slide 8: Revenue Contribution
REVENUE CONTRIBUTION Revenue Mix Revenue Mix (Casual and Social Casino) (DTC and 3rd Party Platforms) Note: See appendix for definitions of Casual Themed Games, Social Casino Themed Games, and Direct-to-Consumer Platforms. 8
Slide 9: Capital Structure Overview
CAPITAL STRUCTURE OVERVIEW Available Liquidity(1) Debt Maturity Profile Capital Structure and (as of 3/31/25) (as of 3/31/25) Capital Allocation Approximately $1.06 billion in available liquidity(1) Liquidity is expected to continue to improve with Free Cash Flow generation No near-term debt maturit
Slide 10: Appendix: Non-GAAP Financial Measure
APPENDIX Non-GAAP Financial Measure Adjusted EBITDA and Adjusted Net Income are non-GAAP financial measures and should not be construed as an alternative to net income as an indicator of operating performance, nor as an alternative to cash flow provided by operating activities as a measure of liquid
Slide 11: Reconciliation of GAAP Net Income to Adjusted EBITDA
APPENDIX Reconciliation of GAAP Net Income to Adjusted EBITDA Three Months Ended, March 31, 2024 June 30, 2024 September 30, 2024 December 31, 2024 March 31, 2025 Adjusted EBITDA Reconciliation GAAP Net Income $ 53.0 $ 86.6 $ 39.3 $ (16.7) $ 30.6 Provision for income taxes 21.9 33.7 24.4 38.3 10.5 I
Slide 12: Reconciliation of GAAP Net Income to Adjusted Net Income
APPENDIX Reconciliation of GAAP Net Income to Adjusted Net Income Three Months Ended, March 31, 2024 June 30, 2024 September 30, 2024 December 31, 2024 March 31, 2025 Net Income Reconciliation GAAP Net Income $ 53.0 $ 86.6 $ 39.3 $ (16.7) $ 30.6 Impairment charges 7.0 - 29.3 32.6 - Contingent consid
Slide 13: Glossary of Key Terms
APPENDIX Glossary of Key Terms Average Revenue per Daily Active User: or “ARPDAU” means (i) the total revenue in a given period, (ii) divided by the number of days in that period, (iii) divided by the average Daily Active Users during that period. Daily Active Users: or “DAUs” means the number of in