← PLAYSTUDIOS, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | $13.6m | $12.8m | $10.7m | ($17.8m) | ($19.4m) | ($28.7m) | ($28.6m) | — | |
| Depreciation and amortization | $25.2m | $22.2m | $27.4m | $35.6m | $45.3m | $45.4m | $38.4m | $38.6m | |
| Amortization of loan costs | $59k | $0 | $368k | $145k | $151k | $164k | $174k | — | |
| Deferred income tax benefit | $2.5m | ($3.6m) | ($2.3m) | ($7.8m) | $12.2m | ($1.6m) | ($710k) | ($716k) | |
| Stock-based compensation expense | $5.9m | $3.5m | $4.5m | $17.7m | $18.7m | $18.1m | $14.1m | $12.3m | |
| Payments for tax withholding of stock-based compensation | — | — | $0 | $0 | ($3.0m) | ($2.7m) | ($2.0m) | — | |
| Capitalization of stock-based compensation | $912k | $605k | $657k | $2.5m | $1.8m | $1.3m | $565k | — | |
| Asset impairments and write-downs | — | $0 | $0 | $8.4m | $2.2m | $9.2m | $0 | — | |
| Receivables, net | ($517k) | ($2.4m) | ($4.0m) | ($1.5m) | ($4.9m) | $3.7m | $4.2m | — | |
| Accounts payable & accrued liabilities | ($1.6m) | $22.0m | $3.9m | $2.0m | $1.4m | $651k | ($8.1m) | — | |
| Other | ($1.9m) | ($2.1m) | ($690k) | $0 | $0 | ($290k) | ($409k) | — | |
| Prepaid expenses and other current assets | ($202k) | ($8k) | $90k | $204k | ($1.5m) | $1.3m | ($822k) | — | |
| Net cash provided by operating activities | $36.1m |
$48.4m
+34.12%
|
$33.9m
-30.01%
|
$33.4m
-1.45%
|
$51.7m
+54.94%
|
$45.7m
-11.57%
|
$26.3m
-42.41%
|
$26.8m
+1.59%
|
|
| Purchase of property and equipment | ($4.3m) | ($1.8m) | ($2.0m) | ($12.0m) | ($6.3m) | ($4.0m) | ($968k) | ($17.0m) | |
| Net cash used in investing activities | ($25.3m) | ($27.0m) | ($56.9m) | ($102.3m) | ($32.3m) | ($26.3m) | ($16.9m) | ($17.4m) | |
| Net cash used in financing activities | ($7.3m) |
($3.6m)
+50.53%
|
$186.9m
+5241.46%
|
($9.6m)
-105.12%
|
($20.2m)
-110.89%
|
($41.9m)
-107.65%
|
($14.9m)
+64.43%
|
($13.2m)
+11.61%
|
|
| Cash, cash equivalents, and restricted cash at beginning of period | $31.0m | $48.9m | $213.5m | $134.0m | $132.9m | $109.8m | $105.6m | — | |
| Net change in cash, cash equivalents, and restricted cash | $3.4m | $17.9m | $164.6m | ($79.5m) | ($1.1m) | ($23.1m) | ($4.2m) | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Change in fair value of warrant liabilities | $0 | $0 | ($13.9m) | ($1.0m) | ($2.6m) | ($856k) | ($156k) | — | |
| Change in fair value of contingent consideration | — | $0 | $0 | ($2.4m) | ($950k) | $85k | $5.0m | — | |
| Income tax receivable | ($938k) | ($4.9m) | $4.8m | $246k | ($744k) | $1.3m | $691k | — | |
| Payment for business combination | — | $0 | $0 | ($70.4m) | $0 | ($3.4m) | $0 | — | |
| Additions to internal-use software | ($21.0m) | ($25.2m) | ($25.9m) | ($21.4m) | ($21.7m) | ($18.6m) | ($15.5m) | — | |
| Proceeds from stock option exercises | $754k | $992k | $2.4m | $1.5m | $3.1m | $287k | $122k | — | |
| Repurchases of treasury stock | ($6.2m) | ($2.5m) | $0 | ($4.3m) | ($15.5m) | ($31.2m) | ($3.5m) | — | |
| Payments for minimum guarantee obligations | — | $0 | $0 | ($5.0m) | ($4.8m) | ($8.3m) | ($9.5m) | — | |
| Foreign currency translation | ($26k) | $142k | $743k | ($966k) | ($345k) | ($638k) | $1.2m | — | |
| Interest paid | $233k | $53k | $125k | $150k | $189k | $165k | $791k | $791k | |
| Income taxes paid, net of (refunds) | $2.0m | $7.0m | ($4.3m) | $1.9m | $6.1m | $1.6m | $1.6m | — | |
| Additions to intangible assets related to licensing agreements | $0 | $0 | $5.0m | $3.0m | $46.6m | $7.9m | $3.5m | — | |
| Lease modifications | — | — | — | — | $1.6m | $2.8m | $654k | — | |
| Right-of-use assets acquired under operating leases | — | $0 | $0 | $14.6m | $0 | $1.0m | $0 | — | |
| Contingent and deferred consideration related to business combination | — | $0 | $0 | $3.4m | $0 | $3.4m | $0 | — |