NASDAQ$PLTK

Playtika Holding Corp. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported strong revenue growth driven by efforts to improve monetization and retention, with investments in product roadmaps and marketing campaigns.

Playtika Holding Corp. reported a revenue increase of 6.0% year-over-year to $676.9 million for the first quarter of 2022. Net income increased to $83.2 million, compared to $35.7 million in the prior year period. The company's average daily payer conversion increased to 3.2%, and the casual portfolio revenue grew by 20.7% year-over-year, now representing 52.5% of total revenue.

  • First quarter revenue was $676.9 million compared to $638.9 million in the prior year period.
  • Net income was $83.2 million compared to $35.7 million in the prior year period.
  • Average Daily Payer Conversion increased to 3.2%, up from 2.8% in Q1’21
  • Casual portfolio grew revenue 20.7% year-over-year, comprising 52.5% of total revenue

Headline financials

Total Revenue

$677M

Previous: $639M+5.9%
EPS (adj)

$0.20

Previous: $0.09+122.2%
Average DPUs

323.0K

Previous: 296.0K+9.1%
Average Daily Payer Conversion

3.2%

Previous: 2.8%+14.3%
ARPDAU

$0.74

Previous: $0.68+8.8%
Capital Expenditures

-$13M

Previous: -$7.5M-73.3%
Free Cash Flow

$70.2M

Previous: $28.2M+148.9%
Net Income

$83.2M

Previous: $35.7M+133.1%
Operating Income

$120M

Previous: $130M-7.6%
Gross Profit

$490M

Previous: $456M+7.5%
Cash & Equivalents

$886M

Previous: $964M-8.1%
Total Assets

$2.89B

Previous: $2.3B+25.4%

Revenue & EPS history

Playtika · Revenue · Quarterly

$677M

Q1 2022+5.9%vs Q1 2021
Beat estimate in 4 of 9 quarters(44%)
ActualEstimate

Revenue by segment

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

  • Bingo Blitz
    $159M

Forward guidance

For the full year 2022 the company anticipates revenue of $2.73 billion and Adjusted EBITDA of $940 million.

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 2022

Historical avgQ1 2022

-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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