PlaySide Studios (ASX:PLY) Projects Slight Drop in FY25 Revenue and EBITDA

Tue 07 Jan 25, 01:44 AM | Team Kalkine

Image source: Shutterstock

Highlights

In FY24, PLY’s revenue grew by 68.23% YoY reaching AUD 64.6 million.

EBITDA in FY24 reached AUD 17.5 million in FY24, a significant turnaround from a

In FY25, the company projects revenue of AUD 62–68 million and EBITDA of AUD 0–5 million.

PlaySide Studios Limited (ASX:PLY) is an ASX-listed video game developer and publisher with a diverse portfolio of approximately 60 titles. The company creates games across multiple platforms, including mobile, PC/console, virtual reality, and mixed reality.

In the financial year 2024 (FY24), the company reported significant revenue growth of 68.23% YoY to AUD 64.6 million, compared to AUD 38.4 million in FY23. During the reported period, original IP revenue reached AUD 30.3 million, up 103% YoY and work for hire (WFH) revenue reached AUD 34.3 million, reflecting a 46% YoY increase.

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