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PLY.ASX Q3 FY22 RESULTS

CHAPTER3 COMPLETE

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PLAYSIDE LEVELS UP WITH RECORD QUARTER

Record 403% increase in quarterly revenue to $13.76m.

  • Generated a record $14.77m cash from customers during the quarter, a strong increase of 642% on pcp and 167% QoQ.

  • Strong cash position of $40.13m as of 31 March 2022.

  • Unaudited commercial revenue for the nine months through March 2022 grew rapidly to $23.16m, compared to $7.76m for the nine months through March 2021, an increase of 199%.

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LARGEST AUSTRALIAN VIDEO GAME DEVELOPER

  • Age of Darkness had its second Major Update since release with the launch of "The Veils Claw" which saw a new Hero "Vizargo" enter the game.

  • Material work-for-hire co-development signed with

    Activision Blizzard, one of the world's largest and most successful interactive entertainment companies (NASDAQ: ATVI, US$60.2b market cap).

  • Successfully launched BEANS, our first Web 3.0 project which generated revenue of $8.4m for the quarter. Development on BEANS MMO, BEANS Pets and 3D Wallet viewer also began in January.

MOBILE LICENSED TITLES

PLAYSIDE HAS AN EXCLUSIVE LICENSE TO DEVELOP AND PUBLISH THE GODFATHER AND LEGALLY BLONDE

  • Legally Blonde has entered Soft Launch phase with

    Hard Launch expected to occur Q4 FY22.

  • The Godfather will enter Soft Launch phase during

    Q4 FY22 and Hard Launch planned to occur Q1 FY23.

  • PlaySide is currently in conversations with multiple

    Hollywood movie studios around new Licenses for Mobile, Console & PC.

5

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Playside Studios Ltd. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 01:13:10 UTC.