secwatch.observer — SEC 8-K summary
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Issuer:     PLAYSTUDIOS, Inc. (MYPS)
CIK:        0001823878
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001823878-22-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PLAYSTUDIOS Q4 rev $71.9M (+12.4% YoY); FY2022 rev guidance $305-325M; CFO/GC comp increased
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- Q4 2021 revenue $71.9M (+12.4% YoY); net income $0.6M vs loss of $10.8M; AEBITDA $12.0M vs $8.8M.
- FY2021 revenue $287.4M (+6.5% YoY); net income $10.7M vs $12.8M; AEBITDA $39.5M vs $58.0M.
- FY2022 guidance: revenue $305-325M, AEBITDA $40-50M. Reward purchases up 79% YoY, retail value $28.8M (+137%).
- CFO salary raised to $350k + $25k bonus + 450k RSUs ($2.29M); GC salary $275k + $25k bonus + 300k RSUs ($1.53M) effective Feb 23, 2022.
- Balance sheet: $213.5M cash, no debt; $50M share repurchase authorized, no shares bought in Q4 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823878/000182387822000007/0001823878-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823878/000182387822000007/myps-20220223.htm
  HTML page:      https://secwatch.observer/filing/0001823878-22-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer