5/4/2023

speaker
Operator
Conference Operator

Welcome to the Platica Q1 2023 earnings call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a Q&A session. To ask a question during this session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. Now, I would like to hand the conference over to our speaker today, Tay Lee, SVP of Corporate Finance and Investor Relations. Please go ahead.

speaker
Tay Lee
SVP of Corporate Finance and Investor Relations

Welcome, everyone, and thank you for joining us today for the first quarter 2023 earnings call for Pletika Holding Corp. Joining me on the call today are Robert Anticall, co-founder and CEO of Platica, and Craig Abrams, Platica'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 you 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 filing with the SEC. We have posted an accompanying slide deck to our investor relations website, and we will also post our prepared remarks immediately following the call. With that, I will now turn the call over to Robert.

speaker
Robert Anticall
Co-founder and CEO

Good morning, and thank you everyone for joining our call today. Building our momentum from last quarter, We see sequential growth across both casual and social casino teams title. I'm proud of our incredible global talent for our achievements and for setting the pace for the rest of the year. We are on track to meet our financial guidance provided on our last quarter recall, and we are excited about our content roadmap slide this year. Overall, we generate revenues of $656.2 million and credit adjusted EBITDA of $222.7 million. Several months ago, we took meaningful steps to further focus on our core strength of live operation. Our leadership position in mobile gaming was built on the best in-class live game operation services which enable us to provide, innovate, and personalize content to our players at optimal point in their game journeys. This quarter, we took positive strides towards further developing and implementing our AI technology in our digital studio. Our proprietary technology platform, combined with evergreen nature of our titles, has allowed us successfully drive engagement and monetization year after year. Our technical capabilities allow us to deliver an improvement, more personalized experience to our loyal community of players. And I truly believe there is a lot more growth potential across all our games. To summarize, I am confident we will strengthen our position within industry this year and that we will outperform our peers in the mobile gaming sector. I will now turn it over to Craig.

Disclaimer

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Investor presentation