Playtika Holding Corp.

Good morning, ladies and gentlemen. Thank you for standing by. And welcome to the third quarter 2021 earnings call for Platica Holdings Corp. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press the start and the one key on your touch-tone telephone. Please be advised that today's conference may be recorded. If you recall operating systems, please press start and zero. I would now like to hand the conference over to your speaker host today, Mr. David Titterman, Vice President of Investor Relations.

Welcome to everyone, and thank you for joining us today for the third quarter 2021 earnings call for Pletika Holding Corp. Joining me on the call today are Robert Atikal, co-founder and CEO of Pletika, and Craig Abrams, Pletika's President and Chief Financial Officer. I'd like to remind you that today's discussion may contain forward-looking statements, including but not limited to the company's anticipated future revenue and operating performance. These statements and other comments are not a guarantee of future performance, but rather are subject to risks and uncertainties, some of which are beyond our control. These forward-looking statements apply as of today, and we should not rely on them as representing our views in the future. We undertake no obligation to update these statements after this call. For a more complete discussion of the risks and uncertainties, please see our filings with the SEC. We have posted an accompanying slide deck to our investor relations website, and we'll also post our prepared remarks immediately. Now I'll turn the call over to Robert.

Thank you, David, and thank you, everyone, joining us today. We have recently had many exciting developments and made good progress in terms of setting the stage for growth in 2022. We are building momentum across all our area of business. including game operation, technology, and importantly, new game development and M&A. I will discuss all of this in more detail, and then Craig will review our Q3 results. We have recently acquired an incredible new studio, launched a new game in October, and soft-launched another new game last week. and also continues to drive innovation and product improvements across our existing portfolio. We believe all of these achievements will give us a strong foundation for future growth. Let's start with Reworks and their hit app, ReaderCall. We were delighted to welcome the team to the Platica family in August. ReaderCore is an exciting mobile app where users create their own internal designs which are then voted and rated by other members of the app's community, making it highly creative, engaging, and social experience. This represents Playtika's first move into areas beyond traditional games, and we are optimistic that it's the beginning of a powerful long-term growth driver. We believe that the world of games and apps are increasingly converging. The product mechanics and the operation skills acquired to success in both categories have meaningful overlap. This is evident in not just Riddico, but also in numbers of other prominent non-gaming properties across e-commerce, lifestyle, educational, tech, and more. Redecor is an exciting first step further expand in the direction and the gain access to large new markets. In the two months since closing the deal, we have primarily focused on setting the groundwork needed for future scale and compliment the Redecor teams incredible talent with top experts from some of Playtika's most successful studios, bringing experience in data analytics, technology, and monetization. Early results from Ridico have been very encouraging. We are thrilled about the potential for Ridico and very happy to future expand our exciting footprint in the mobile hub of Helsinki. As we continue to look to areas beyond games, we believe our unmatched expertise in data analytics, gamification, monetization, technology and integration with our Boost platform will give us a distinct advantage. Let's turn to Switchcraft, the new game from our Wooga studio that we launched globally last month. We are very encouraged from the early feedback from the first few weeks since our global launch. We had originally planned Switchcraft's global launch for 2022, but the game performed beyond expectations in early testing, which enabled us to accelerate the launch timeline. Switchcraft offers a unique combination of classic match-three gameplay with compelling stories of mystery and magic. topped off with top-of-the-line production value that can provide endless hour of fun and exciting to the players. We also love that the characters in the game are highly diverse, and we believe this is important progress for the mobile game industry. We are really proud of our Google Studio for creating such an amazing game and hope everyone on the call takes some time to play it. In terms of our new game strategy, we have a deep bench of game developers' talent at Playtika that we have built up as we acquired studios. This has provided us with a solid pipeline of new games which will serve another growth driver. Today, I am pleased to announce that our game, Merge Story, went into soft launch last week. This game was built by our Jelly Button Studio, creators of Bald Kings. Merge Story has been in development for two years and offers a unique and innovation take of the Merge category. We received excellent internal feedback from players and the platforms. Merge Story is a hybrid game that combines the core Merge game mechanics with casual build slash battle elements. The metrics we are seeing so far are very positive, putting us on track for a global launch in Q2 of next year. Additionally, we will soft launch another game next year as well. If both games perform well during soft launch, we are mainly globally launch two new games next year. This would put us as well ahead of the new game launch timing we discussed at our IPO in January. We will provide more details at our Analyst Day now in March 2022. In conclusion, we are very proud of our progress across these different areas and are confident that we are setting our platica for long-term growth and success. Our focus in the long-term health of our business and the steps we have taken this year put us firm footing to win and lead our long term. Additionally, as we look at the landscape of opportunities and new business models emerging, we are really excited about what we see both in Israel and beyond, especially in the businesses adjustment in mobile games. We're excited to share more details about the work we are doing in this area in coming quarters. With that, I will turn the call over to Craig to review the third quarter results.