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MYPS| Name | Value |
|---|---|
| Revenues | 67.8M |
| Cost of Revenue | 17.9M |
| Gross Profit | 49.9M |
| Operating Expense | 72.3M |
| Operating I/L | -22.4M |
| Other Income/Expense | 1.4M |
| Interest Income | 1.0M |
| Pretax | -21.1M |
| Income Tax Expense | 1.3M |
| Net Income/Loss | -22.4M |
PLAYSTUDIOS, Inc. specializes in developing and publishing free-to-play casual games for mobile and social platforms globally. The company generates revenue through in-app purchases, advertising, and partnerships with brands and casinos. Its games offer virtual currency and rewards, which can be redeemed for real-world rewards such as hotel stays, dining, and entertainment. PLAYSTUDIOS' business model leverages the popularity of its games to drive user engagement and monetization opportunities, creating a mutually beneficial ecosystem for both players and partners.
