What is PLAYSTUDIOS's latest dividend and current dividend yield?

What factors drove the changes in PLAYSTUDIOS's revenue and profit?

What were the key takeaways from PLAYSTUDIOS's earnings call?

What guidance did PLAYSTUDIOS's management provide for the next earnings period?

What is PLAYSTUDIOS's gross profit margin?

What does PLAYSTUDIOS do and what are its main business segments?

What were the key takeaways from PLAYSTUDIOS’s earnings call?

Did PLAYSTUDIOS beat or miss consensus estimates last quarter?

- **Revenue Decline**: Q3 2025 revenue down 19.1% YoY to $57.6M, driven by DAU contraction in casual segment.
- **Strategic Focus**: Accelerating sweepstakes (Win Zone) rollout and Tetris Block Party launch, with D2C revenue growing 48% QoQ to $7.7M.
- **Financial Health**: $106.3M cash, no debt, but EBITDA down 50.5% YoY to $7.2M due to revenue erosion and growth investments.
- **Growth Catalysts**: 
  - **Sweepstakes TAM**: $3.5B-$4B post-regulatory contraction, with Q4 2025 nationwide rollout planned.
  - **Tetris Block Party**: Beta testing shows promise, with Q1 2026 full rollout.
  - **AI Integration**: Early-stage adoption expected to enhance efficiency and innovation.
- **2026 Outlook**: Sweeps and Tetris contributions to be clarified in Q4 2025 call, with D2C and sweepstakes driving margin expansion.

**【CEO Summary Section】**
- **Challenges and Strategic Shifts**: CEO Andrew Pascal highlighted a 2-year period of market headwinds, leading to a valuation near cash position. The company has reduced fixed costs by $25-30 million annually, focusing on disciplined investment in high-conviction projects like sweepstakes (Win Zone) and Tetris Block Party.
- **Growth Initiatives**: 
  - **Win Zone (Sweepstakes)**: Live in 15 states with Q4 2025 rollout planned, showing improved retention and monetization. TAM reduced to $3.5B-$4B due to regulatory contraction, but remaining states show strong growth.
  - **Tetris Block Party**: Beta testing in select markets shows encouraging UA, retention, and monetization. Full rollout expected in Q1 2026.
  - **Direct-to-Consumer (D2C)**: Q3 revenue $7.7M (48% QoQ growth), 16.7% of total IAP, driven by relaxed Apple policies and improved in-app merchandising.
- **Core Business Performance**: 
  - **Casino Games**: DAU stable sequentially, with myKONAMI showing double-digit ARPDAU growth. Casual segment DAU down due to industry trends, offset by ad monetization improvements.
  - **Loyalty Platform (playAWARDS)**: Sequential 16% increase in reward purchases, highlighted by the myVIP World Tournament of Slots event.
- **AI Adoption**: Early-stage integration across game development, UA, and live ops, with long-term potential to enhance efficiency and innovation.

**【CFO Financial Commentary】**
- **Revenue and EBITDA**: Q3 2025 revenue $57.6M (-19.1% YoY, -2.7% QoQ), driven by DAU decline. Adjusted EBITDA $7.2M (-50.5% YoY), operating margin 12.6% vs. 20.5% YoY. Full-year guidance revised lower due to market softness.
- **User Metrics**: MAU -24.9% YoY, DAU -25.3% YoY, with casual segment decline offsetting core casino stability.
- **Liquidity**: $106.3M cash, no debt, and $81M credit facility.

**【Q&A Key Highlights】**
- **Sweepstakes Expansion**: California ban expected to benefit core casino in 2026, with targeted marketing. Win Zone to launch in all qualified states by year-end, with scaled UA planned post-metrics validation.
- **M&A Strategy**: Open to inorganic growth via strategic acquisitions in sweepstakes or casual games, though no deals announced.
- **2026 Visibility**: Sweeps and Tetris Block Party expected to contribute meaningfully, with Q4 2025 as testing phase for scaled growth.
- **D2C Growth Drivers**: Improved in-app merchandising and relaxed policies driving 48% QoQ D2C revenue growth, with potential margin benefits from sweepstakes monetization.
- **Gross Margin Outlook**: D2C and sweepstakes growth expected to improve margins, though ad monetization trends may offset.

PLAYSTUDIOS, Inc. (MYPS) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

MYPS

MYPS fundamentals

You can ask Aime