Playtika Holding Corp. released its financial results for the fourth quarter and fiscal year ended December 31, 2024. For Q4 2024, the company reported revenue of $650.3 million and Direct-to-Consumer (DTC) revenue of $174.6 million, which increased 8.0% year-over-year. GAAP net income for the quarter was a loss of $(16.7) million, while Credit Adjusted EBITDA reached $183.9 million.
For the full fiscal year 2024, Playtika's revenue was $2.549 billion, representing a slight decline of 0.7% year-over-year. The annual net income stood at $162.2 million, and Credit Adjusted EBITDA was $757.7 million. The company maintained a strong free cash flow profile, generating $396.8 million in 2024.
Playtika provided its financial outlook for FY2025, projecting revenue between $2.80 billion and $2.85 billion and Credit Adjusted EBITDA between $715 million and $740 million. Management indicated that 2025 is expected to be a transitional year due to investments in newly acquired studios, with renewed EBITDA growth anticipated to begin in 2026. The Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on April 4, 2025.
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