PLAYSTUDIOS Inc. Class A Common Stock (MYPS)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn good returns on capital and sell at a sensible price. PLAYSTUDIOS fails the first test. The filed record shows revenue falling from $310.9 million in fiscal year 2023, the year ended 2023-12-31, to $289.4 million in fiscal year 2024, the year ended 2024-12-31, and $235.1 million in fiscal year 2025, the year ended 2025-12-31, while net losses were $19.4 million, $28.7 million, and $28.6 million. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $55.0 million and net income was -$13.3 million, or -$0.10 per diluted share, worse than fiscal Q2 2025, the quarter ended 2025-06-30, when revenue was $59.3 million and net income was -$2.9 million. Losses also widened from fiscal Q1 2026, the quarter ended 2026-03-31, when net income was -$10.7 million on $58.4 million of revenue. The balance sheet is a modest positive: debt/equity is only 0.03 and the Altman Z-Score is 4.79, so insolvency is not an immediate threat. Still, trailing free cash flow is just $2.4 million, a 0.5% yield on the $496.4 million market cap at the 2026-10-13 close. The stock trades at 2.36 times book, 41.09 times EV/EBITDA, and has a negative P/E; the FairStock Score is 59/100. With negative ROE and ROCE, no consistent profit, and declining revenue, there is no margin of safety. A low-looking share price is not value if the business cannot demonstrate durable cash earnings. I would need proof of stabilizing revenue and narrowing losses before calling this a bargain.

In plain English: PLAYSTUDIOS makes free-to-play casino-style and puzzle games for phones and social platforms. The business looks weak right now: it has lost money for years, revenue has been falling, and it produces almost no spare cash. At $3.89, the price does not look cheap compared with those weak profits and small cash flow, even though debt is low.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer