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Playtech PLC (PYTCY)
OTHER OTC:PYTCY
Earnings Data
Report Date
Sep 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.72Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: -3.65%
|Next Earnings Date:Sep 18, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance with significant growth and strategic transformations. However, challenges remain with underperforming assets, expected margin pressures, and market transitions in Asia and Brazil. Despite these issues, the overall outlook is positive with strategic initiatives and strong growth prospects.Company Guidance
During the call, Playtech provided detailed guidance and metrics regarding its financial performance and strategic priorities. For Fiscal Year 2024, adjusted EBITDA was reported at €480 million, an 11% increase year-on-year, driven by strong growth in the B2B division, which achieved an adjusted EBITDA of €222 million, up 22%. Group revenue grew by 5% to nearly €1.8 billion. The anticipated sale of Snaitech to Flutter for €2.3 billion is expected to close in Q2 2025, with a special dividend of €1.7 billion to €1.8 billion planned post-completion. Playtech's medium-term target for adjusted EBITDA of continuing operations is set between €250 million to €300 million, with a free cash flow target of €70 million to €100 million. The company reduced its net debt from €283 million to €143 million by the end of 2024, aiming for a net cash position by the end of 2025. Playtech also highlighted strong growth in the U.S. and Brazil, with U.S. revenue up 126% and plans to capitalize on strategic agreements and investments in emerging markets.Strong Financial Performance in 2024
Adjusted EBITDA reached €480 million, up 11% year-on-year, with B2B adjusted EBITDA growing by 22% to €222 million. Group revenue increased by 5% to nearly €1.8 billion.
Landmark Agreements and Strategic Transformation
Sale of Snaitech to Flutter for €2.3 billion is expected to complete in Q2 2025, which will result in a special dividend of €1.7 billion to €1.8 billion. Revised strategic agreement with Caliplay received Mexican antitrust approval.
Significant Growth in Key Markets
B2B revenues grew 10%, driven by regulated markets and a 126% increase in the U.S. and Canada. Latin America revenues increased by 15%, with significant contributions from Wplay in Colombia.
Strong Cash Flow and Debt Reduction
Net debt reduced from €283 million to €143 million. A new €225 million revolving credit facility is set to take effect post-Snaitech sale.
Innovative Use of AI and New Strategic Priorities
Playtech is leveraging AI for operational efficiencies and rolling out cross-product AI solutions. Focus on regulated markets, particularly the U.S. and Brazil, with new medium-term adjusted EBITDA targets of €250 million to €300 million.
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PYTCY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PYTCY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 27, 2025 | $18.89 | $18.85 | -0.21% |
| Sep 30, 2024 | $20.35 | $20.17 | -0.88% |
| Mar 27, 2024 | $11.92 | $11.89 | -0.25% |
| Sep 07, 2023 | $13.10 | $13.06 | -0.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Playtech PLC (PYTCY) report earnings?
Playtech PLC (PYTCY) is schdueled to report earning on Sep 18, 2025, TBA Not Confirmed.
What is Playtech PLC (PYTCY) earnings time?
Playtech PLC (PYTCY) earnings time is at Sep 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PYTCY EPS forecast?
Currently, no data Available
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