NASDAQ$PLTK

Playtika Holding Corp. · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported a 17.5% year-over-year revenue increase for the fourth quarter and completed a $2.16 billion IPO.

Playtika Holding Corp. reported strong fourth-quarter results, with revenue reaching $573.5 million, a 17.5% increase year-over-year. Net income was $76 million, up from $30 million in the prior year period. The company's full-year revenue surpassed $2 billion for the first time, and they successfully completed an IPO in January 2021.

  • Fourth quarter revenue was $573.5 million, up from $488.2 million in the prior year period.
  • Net income increased to $76 million, compared to $30 million in the prior year period.
  • Adjusted EBITDA was $210.4 million, compared to $169.7 million in the prior year period.
  • Full year 2020 revenue reached $2,371.5 million, surpassing $2 billion for the first time.

Headline financials

Total Revenue

$574M

Previous: $1.89B-69.6%
EPS (adj)

$0.19

Previous: $0.76-75.0%
Average DPUs

272.0K

Previous: 247.0K+10.1%
Average Daily Payer Conversion

2.6%

Previous: 2.2%+18.2%
ARPDAU

$0.59

Previous: $0.48+22.9%
Average MAUs

31.2

Previous: 35.7-12.6%
Capital Expenditures

$12.4M

Previous: $55.3M-77.6%
Free Cash Flow

$172M

Previous: $437M-60.7%
Net Income

$76M

Previous: $30M+153.3%
Operating Income

$142M

Previous: $93.4M+52.4%
Gross Profit

$400M

Previous: $338M+18.5%
Cash & Equivalents

$520M

Previous: $267M+94.9%
Total Assets

$1.78B

Previous: $1.48B+20.0%
Stock-Based Comp

$276M

No prior period

Revenue & EPS history

Playtika · Revenue · Quarterly

$574M

Q4 2020-69.6%vs Q4 2019
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 $2.44 billion and Adjusted EBITDA of $920 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

Historical avg

-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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