PLAYSTUDIOS Inc
For the period ended Dec 31, 2023. Filed Mar 12, 2024.
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FY2023 · Filed Mar 12, 2024
MYPS$4.66-1.2%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations
(in thousands, except per share data)
| Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net revenue | $310,886 | $290,309 | $287,419 |
| Operating expenses: | |||
| Cost of revenue(1) | 77,800 | 85,400 | 91,642 |
| Selling and marketing | 74,360 | 80,819 | 79,042 |
| Research and development | 70,298 | 63,315 | 61,343 |
| General and administrative | 45,072 | 40,274 | 27,902 |
| Depreciation and amortization | 45,259 | 35,562 | 27,398 |
| Restructuring and related | 8,584 | 13,020 | 3,082 |
| Total operating costs and expenses | 321,373 | 318,390 | 290,409 |
| Loss from operations | (10,487) | (28,081) | (2,990) |
| Other income (expense), net: | |||
| Change in fair value of warrant liabilities | 2,596 | 1,047 | 13,933 |
| Interest income (loss), net | 4,858 | 1,925 | (235) |
| Other income (expense), net | 513 | 1,491 | (229) |
| Total other income, net | 7,967 | 4,463 | 13,469 |
| (Loss) income before income taxes | (2,520) | (23,618) | 10,479 |
| Income tax (expense) benefit | (16,873) | 5,835 | 258 |
| Net (loss) income | $(19,393) | $(17,783) | $10,737 |
| Net (loss) income attributable to common stockholders per share: | |||
| Basic | $(0.15) | $(0.14) | $0.10 |
| Diluted | $(0.15) | $(0.14) | $0.09 |
| Weighted average shares of common stock outstanding: | |||
| Basic | 132,978 | 128,353 | 111,718 |
| Diluted | 132,978 | 128,353 | 124,898 |
(1)Amounts exclude depreciation and amortization.
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