PLAYSTUDIOS, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $25.2m $22.2m $27.4m $35.6m $45.3m $45.4m $38.4m
Amortization of loan costs $59k $0 $368k $145k $151k $164k $174k
Deferred income tax benefit $2.5m ($3.6m) ($2.3m) ($7.8m) $12.2m ($1.6m) ($710k)
Asset impairments and write-downs $0 $0 $8.4m $2.2m $9.2m $0
Right-of-use assets acquired under operating leases $0 $0 $14.6m $0 $1.0m $0
Net loss $13.6m $12.8m $10.7m ($17.8m) ($19.4m) ($28.7m) ($28.6m)
Stock-based compensation expense $5.9m $3.5m $4.5m $17.7m $18.7m $18.1m $14.1m
Change in fair value of warrant liabilities $0 $0 ($13.9m) ($1.0m) ($2.6m) ($856k) ($156k)
Change in fair value of contingent consideration $0 $0 ($2.4m) ($950k) $85k $5.0m
Other ($1.9m) ($2.1m) ($690k) $0 $0 ($290k) ($409k)
Receivables, net ($517k) ($2.4m) ($4.0m) ($1.5m) ($4.9m) $3.7m $4.2m
Prepaid expenses and other current assets ($202k) ($8k) $90k $204k ($1.5m) $1.3m ($822k)
Income tax receivable ($938k) ($4.9m) $4.8m $246k ($744k) $1.3m $691k
Accounts payable & accrued liabilities ($1.6m) $22.0m $3.9m $2.0m $1.4m $651k ($8.1m)
Payment for business combination $0 $0 ($70.4m) $0 ($3.4m) $0
Purchase of property and equipment ($4.3m) ($1.8m) ($2.0m) ($12.0m) ($6.3m) ($4.0m) ($968k)
Additions to internal-use software ($21.0m) ($25.2m) ($25.9m) ($21.4m) ($21.7m) ($18.6m) ($15.5m)
Proceeds from stock option exercises $754k $992k $2.4m $1.5m $3.1m $287k $122k
Repurchases of treasury stock ($6.2m) ($2.5m) $0 ($4.3m) ($15.5m) ($31.2m) ($3.5m)
Payments for minimum guarantee obligations $0 $0 ($5.0m) ($4.8m) ($8.3m) ($9.5m)
Payments for tax withholding of stock-based compensation $0 $0 ($3.0m) ($2.7m) ($2.0m)
Foreign currency translation ($26k) $142k $743k ($966k) ($345k) ($638k) $1.2m
Capitalization of stock-based compensation $912k $605k $657k $2.5m $1.8m $1.3m $565k
Additions to intangible assets related to licensing agreements $0 $0 $5.0m $3.0m $46.6m $7.9m $3.5m
Lease modifications $1.6m $2.8m $654k
Contingent and deferred consideration related to business combination $0 $0 $3.4m $0 $3.4m $0
Net cash provided by operating activities $36.1m $48.4m $33.9m $33.4m $51.7m $45.7m $26.3m
Net cash used in investing activities ($25.3m) ($27.0m) ($56.9m) ($102.3m) ($32.3m) ($26.3m) ($16.9m)
Net cash used in financing activities ($7.3m) ($3.6m) $186.9m ($9.6m) ($20.2m) ($41.9m) ($14.9m)
Net change in cash, cash equivalents, and restricted cash $3.4m $17.9m $164.6m ($79.5m) ($1.1m) ($23.1m) ($4.2m)
Cash, cash equivalents, and restricted cash at beginning of period $31.0m $48.9m $213.5m $134.0m $132.9m $109.8m $105.6m
Interest paid $233k $53k $125k $150k $189k $165k $791k
Income taxes paid, net of (refunds) $2.0m $7.0m ($4.3m) $1.9m $6.1m $1.6m $1.6m