In addition, of the games that we have operated for at least five years, we increased revenues of five of them at a compound annual growth rate of 15% or more during the five years ended September 30, 2020,\u201d according to the S-1. \u201cFurthermore, for two of our more recently acquired games, Solitaire Grand Harvest, which we acquired in January 2019, and June\u2019s Journey, which we acquired in November 2018, we have increased quarterly revenue by 146.3% and 147.7%, respectively, from the first full quarter after their respective acquisitions through the quarter ended September 30, 2020.\u201d<\/p><\/blockquote>\n
Playtika doesn’t say acquisitions are imminent. But it acknowledges that has been the primary avenue through which it’s boosted its user base.<\/p>\n
Mobile Gaming Equals Growth<\/h2>\n Investors are enamored by internet casino and sports wagering equities. But mobile and social gaming offer impressive growth trajectories of their own. There are 2.7 billion players<\/a> and 10 million developers around the world in an industry that’s forecast to be worth $150 billion in 2025.<\/p>\nPlaytika is positioned to capitalize on that growth, as it notes it has more titles in the top 100 games in the iOS App Store and Google Play Store than any of its rivals<\/strong>.<\/p>\nPlaytika players are found in 100 countries. But North America and Europe combined for 89.6 percent of the company’s top line for the nine months ending Sept. 30.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mobile gaming company Playtika filed a Form S-1 with the Securities and Exchange Commission (SEC) Friday, bringing it closer to a highly anticipated initial public offering (IPO). In the regulatory document, the Israeli company, which is controlled by a group of Chinese investors, reveals plans for a $100 million offering. But that’s probably a standby […]<\/p>\n","protected":false},"author":46,"featured_media":159081,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,20],"tags":[],"acf":[],"yoast_head":"\n
Playtika IPO Is Getting Close Following SEC Filing<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n