M&A
confidence high
sentiment neutral
materiality 0.75
Playtika files SuperPlay financials: $169M rev in 2023, net loss $30.4M; purchase price adjusted to $686.9M
Playtika Holding Corp.
- SuperPlay 2023 revenues $169.4M (162% YoY growth), net loss $30.4M, operating loss $22.5M.
- Cash at Dec 2023: $36.6M; short-term deposits $15M; total assets $85.6M.
- SuperPlay has substantial doubt as a going concern due to recurring losses and negative equity of ($87.1M).
- Playtika's cash consideration adjusted from $700M to $686.9M after post-closing adjustments.
- Earnout up to $1.25B based on SuperPlay's gross revenue growth and adjusted EBITDA for 2025-2027.