Added to YB: 2025-12-17
Pitch date: 2025-12-13
MYPS [bullish]
PLAYSTUDIOS, Inc.
-3.72%
current return
Author Info
Mr Deep-Value spends their days searching for absurdly cheap stocks and hidden value. They write about their best ideas. Sign up for the newsletter.
Company Info
PLAYSTUDIOS, Inc. develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally.
Market Cap
$89.1M
Pitch Price
$0.68
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.28
P/E
-2.37
EV/Sales
-0.03
Sector
Entertainment
Category
value
SPACs, Lies, and Lawsuits: A US Growth Story - PLAYSTUDIOS, Inc.
MYPS: Gaming co w/ negative EV (-$17M) vs $81M market cap; $46M FCF on $289M revenue, $100M net cash. Dual-class structure gives founder 70%+ voting control, major delisting risk. SPAC overpromised ($1.1B valuation, Kingdom Boss failure), but branded assets (Tetris, MGM) sticky w/ 6% buyback yield.
Read full article (8 min)