10-Q - Playtika Holding Corp. (0001828016) (Filer)

Thu, May 8, 12:36 PM (10 days ago)

**Playtika Holding Corp. (PLTK) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $706.0 million, up 8.4% from $651.2 million in Q1 2024. - **Net Income:** $30.6 million, down 42.6% from $53.0 million in Q1 2024. - **Operating Income:** $67.8 million, down 30.8% from $98.1 million in Q1 2024. - **Adjusted EBITDA:** $167.3 million, down 9.8% from $185.6 million in Q1 2024. - **Profit Margins:** Operating margin at 9.6%, down from 15.1% in Q1 2024. Net margin at 4.3%, down from 8.1% in Q1 2024. - **Cash Flow:** Operating cash flow of $18.8 million, down from $29.6 million in Q1 2024. Investing cash flow of -$105.1 million, compared to -$35.9 million in Q1 2024. Financing cash flow of -$47.4 million, compared to -$5.5 million in Q1 2024. **Key Metrics:** - **Daily Active Users (DAUs):** 9.0 million, up from 8.8 million in Q1 2024. - **Daily Paying Users (DPUs):** 390,000, up from 309,000 in Q1 2024. - **Average Revenue per Daily Active User (ARPDAU):** $0.87, up from $0.81 in Q1 2024. - **Daily Payer Conversion:** 4.3%, up from 3.5% in Q1 2024. **Trends and Uncertainties:** - Revenue growth driven by the SuperPlay acquisition, offset by reduced monetization in slot-themed games. - Increased sales and marketing expenses due to the acquisition of SuperPlay. - Geopolitical risks in Israel and Ukraine may impact operations. - Legal proceedings and regulatory uncertainties may affect future operations. **Future Operations Impact:** - Continued investment in sales and marketing to retain and acquire users. - Focus on financial discipline and evaluation of M&A opportunities. - Monitoring geopolitical developments and legal proceedings. - Potential changes in dividend policy based on economic conditions and cash needs.