Overview
Israel mobile gaming firm's Q4 revenue rose 4.4% yr/yr, beating analyst expectations
Company posted Q4 net loss due to non-cash impact from SuperPlay acquisition
Adjusted EBITDA for Q4 increased 9.5% yr/yr but decreased sequentially
Outlook
Playtika expects FY2026 revenue between $2.70 bln and $2.80 bln
Company projects FY2026 adjusted EBITDA between $730 mln and $770 mln
Playtika plans FY2026 capital expenditures of $80 mln
Result Drivers
DTC REVENUE GROWTH - DTC revenue increased 19.5% sequentially and 43.2% year-over-year, contributing significantly to overall revenue growth
SUPERPLAY ACQUISITION IMPACT - Net loss reflects non-cash impact from contingent consideration remeasurement related to SuperPlay acquisition
USER ENGAGEMENT - Average Daily Paying Users increased 0.8% sequentially and 5.3% year-over-year, indicating improved user engagement
Company press release: ID:nGNX6kZqPF
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $678.80 mln | $661.91 mln (11 Analysts) |
Q4 Net Income | -$309.30 mln | ||
Q4 Credit Adjusted EBITDA | $201.40 mln | ||
Q4 Credit Adjusted EBITDA Margin | 29.70% | ||
Q4 Operating Income | -$281 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Playtika Holding Corp is $5.25, about 66.7% above its February 25 closing price of $3.15
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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