secwatch.observer — SEC 8-K summary
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Issuer:     PLAYSTUDIOS, Inc. (MYPS)
CIK:        0001823878
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001823878-22-000079
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PLAYSTUDIOS Q2 revenue $68.4M, net income $5.5M; updates FY2022 guidance
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- Revenue of $68.4M vs $70.8M YoY; net income of $5.5M vs net loss of $7.0M in Q2 2021.
- AEBITDA (non-GAAP) of $7.3M, up from $3.4M in prior year.
- FY2022 revenue guidance updated to $270M-$285M; AEBITDA guidance $30M-$35M.
- playAWARDS purchases up 26% YoY; loyalty partners exceed 100 with over 500 rewards.
- Credit facility increased from $75M to $81M; amended to SOFR; excludes up to $20M for warrant repurchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823878/000182387822000079/0001823878-22-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823878/000182387822000079/myps-20220809.htm
  HTML page:      https://secwatch.observer/filing/0001823878-22-000079

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