SCPL - Zynga competitor Playtika files for U.S. IPO with $2.8B in revenue $46M net income

Playtika (PLYTK) files for its U.S. IPO. seeking up to $100M, a likely placeholder figure. The company plans to list on the Nasdaq under the "PLTK" ticker.The number of shares on offer and the price range will be filled in at a later date.In the 12 months ending on September 30, Playtika revenue totaled $2.3B with net income of $46.1M and adjusted EBITDA of $815.2M.In the prior year, revenue totaled $1.9B, net income was $288.9M, and adjusted EBITDA was $621M.The company's top nine games represented 98% of the revenue for the nine months ending on September 30, 2020. During that period, average DAUs totaled 11.4M vs. 9.9M in the prior year's period. ARPDAU was nearly flat at $0.52 vs. $0.51.Playtika was previously owned by r Caesars Entertainment (CZR), which sold the company to a consortium of Chinese investors in 2016 for $4.4B.Competitors include Zynga (ZNGA) and SciPlay (SCPL).Previously: Zynga competitor Playtika confidentially files for U.S.

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Zynga competitor Playtika files for U.S. IPO with $2.8B in revenue, $46M net income