NASDAQ$PLTK

Playtika Holding Corp. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Revenue increased slightly, driven by growth in the casual games portfolio, while net income decreased.

Playtika reported a slight increase in revenue for the third quarter of 2022, driven by strong performance in its casual games portfolio. However, net income decreased compared to the prior year period.

  • Third quarter revenue was $647.8 million, up 1.9% year-over-year.
  • Casual portfolio revenue grew 14.4% year-over-year, representing 54.9% of total revenue.
  • Net income was $68.2 million, compared to $80.5 million in the prior year period.
  • Cash and cash equivalents totaled $1,255.4 million as of September 30, 2022.

Headline financials

Total Revenue

$648M

Previous: $636M+1.9%
EPS (adj)

$0.17

Previous: $0.20-15.0%
Average DPUs

310.0K

No prior period
Average Daily Payer Conversion

3.4%

Previous: 2.8%+21.4%
ARPDAU

$0.78

Previous: $0.67+16.4%
Capital Expenditures

-$38.3M

Previous: $11.3M-438.9%
Free Cash Flow

$29.9M

Previous: $183M-83.6%
Net Income

$68.2M

Previous: $80.5M-15.3%
Operating Income

$131M

Previous: $155M-15.0%
Gross Profit

$466M

Previous: $457M+2.0%
Cash & Equivalents

$1.26B

Previous: $894M+40.4%
Total Assets

$2.99B

Previous: $2.73B+9.8%

Revenue & EPS history

Playtika · Revenue · Quarterly

$648M

Q3 2022+1.9%vs Q3 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

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

  • Bingo Blitz
    $159M

Forward guidance

For the full year 2022, the company expects revenue to be within the previously provided range of $2.60 - $2.66 billion and Adjusted EBITDA within a range of $900 - $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 Q3 2022

Historical avgQ3 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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