NASDAQ$PLTK

Playtika Holding Corp. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported a robust first quarter with significant year-over-year revenue growth and increased financial outlook for 2021.

Playtika Holding Corp. reported strong first-quarter results, with a 19.6% year-over-year increase in revenue. The company's focus on data-driven game management and impactful marketing campaigns drove impressive revenue growth. They also increased their financial outlook for the year, targeting $1 billion in adjusted EBITDA.

  • First quarter revenue reached $638.9 million, compared to $534.2 million in the prior year period.
  • Net income was $35.7 million, nearly identical to the $35.8 million in the prior year period.
  • Adjusted EBITDA was $258.0 million, up from $186.1 million in the prior year period.
  • The company anticipates full year 2021 revenue of $2.6 billion and Adjusted EBITDA of $1.0 billion.

Headline financials

Total Revenue

$639M

Previous: $534M+19.6%
EPS (adj)

$0.09

Previous: $0.09+0.0%
Average DPUs

296.0K

Previous: 272.0K+8.8%
Average Daily Payer Conversion

2.8%

Previous: 2.3%+21.7%
ARPDAU

$0.68

Previous: $0.50+36.0%
Capital Expenditures

-$7.5M

Previous: $13.9M-154.0%
Free Cash Flow

$28.2M

Previous: -$61.9M+145.6%
Net Income

$35.7M

Previous: $35.8M-0.3%
Operating Income

$130M

Previous: $113M+15.1%
Gross Profit

$456M

Previous: $368M+23.8%
Cash & Equivalents

$964M

Previous: $137M+602.5%
Total Assets

$2.3B

No prior period

Revenue & EPS history

Playtika · Revenue · Quarterly

$639M

Q1 2021+19.6%vs Q1 2020
Beat estimate in 3 of 8 quarters(38%)
ActualEstimate

Revenue by segment

Playtika · $159M total across 1 segment · Q1 2023

  • Bingo Blitz
    $159M

Forward guidance

For the full year 2021, the company anticipates revenue of $2.6 billion and Adjusted EBITDA of $1.0 billion.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-1.2%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-7.1%

Avg return

30 days after

58%

15 / 26 earnings

Positive

+23.8%

Q4 2021

Best reaction

-23.5%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%+4.5%-13.4%
Q4 2025+8.6%-12.1%-13.3%
Q3 2025+11.5%+13.1%+13.1%
Q1 2025-7.4%-6.4%-9.9%
Q4 2024-16.8%-25.0%-24.1%
Q3 2024+1.2%+4.1%+4.3%
Q2 2024+0.4%-2.6%+3.4%
Q1 2024+10.7%+14.5%+11.7%
Q4 2023+4.3%+5.0%-2.9%
Q3 2023-11.9%-10.9%-5.2%
Q2 2023-10.1%-12.1%-15.4%
Q1 2023+0.8%-3.0%-1.6%
Q4 2022+2.3%+5.8%+13.3%
Q3 2022-11.9%+5.6%-13.7%
Q2 2022-9.7%-12.0%-21.8%
Q1 2022-2.3%+6.3%+5.1%
Q4 2021+23.8%+13.7%+9.5%
Q3 2020+3.6%+2.9%-24.5%
Q3 2021-23.5%-21.1%-41.9%
Q2 2021+13.5%+10.5%+22.0%
Q1 2020-7.7%-6.0%-4.3%
Q1 2021-7.7%-6.0%-4.3%
Q4 2019+1.4%-1.8%-16.4%
Q4 2018+1.4%-1.8%-16.4%
Q2 2020+1.4%-1.8%-16.4%
Q4 2020-7.1%-6.3%-21.1%
Q3 2019
Q2 2019
Q1 2019

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