Playtech delivers H1 2025 results, expects FY ahead of forecast

Playtech delivers H1 2025 results, expects FY ahead of forecast

Summary

Playtech reported results for the six months to 30 June 2025: revenue of €387.0m (down 10% year‑on‑year) and adjusted EBITDA of €91.6m, in line with the upgraded guidance issued in August. Profit after tax rose to €1.58bn, reflecting a €1.6bn gain on the disposal of Snaitech, and around €1.8bn was distributed to shareholders via a special dividend. The group finished the half with a net cash position of €77.1m.

Content summary

B2B revenue declined 9% to €347.6m; however, excluding revised Caliente Interactive arrangements the underlying business recorded 3% growth, led by expansion in the US and Canada where revenues climbed 64% to €21.8m. SaaS revenue grew 73% to €57.3m, while Live Casino revenues increased 9%, supported by an expanded partnership with MGM Resorts in Las Vegas. CEO Mor Weizer said the results reflect Playtech’s return to a predominantly pure‑play B2B model and that the group remains on track to deliver FY 2025 adjusted EBITDA ahead of expectations and to meet medium‑term growth targets.

Context and relevance

The H1 figures combine a large one‑off cash event (the Snaitech disposal) with encouraging operational trends: rapid SaaS growth and strong North American momentum. For investors and industry watchers, the special dividend and strengthened cash position are notable, but the operational metrics — especially SaaS and Live Casino gains — indicate where future, recurring value is likely to come from as Playtech refocuses on B2B.

Source

Source: https://g3newswire.com/playtech-delivers-h1-2025-results-expects-fy-ahead-of-forecast/

Key Points

• H1 2025 revenue: €387.0m, down 10% year‑on‑year; adjusted EBITDA: €91.6m (in line with upgraded guidance).
• Profit after tax rose to €1.58bn following a €1.6bn gain from the disposal of Snaitech; approximately €1.8bn returned to shareholders as a special dividend.
• Net cash position at 30 June 2025: €77.1m.
• B2B revenue was €347.6m (down 9%); excluding Caliente arrangement changes underlying growth was 3%; US/Canada revenue grew 64% to €21.8m.
• SaaS revenue surged 73% to €57.3m; Live Casino revenue increased 9%, helped by an expanded MGM Resorts partnership in Las Vegas.
• Management expects FY 2025 adjusted EBITDA to come in ahead of prior forecasts and reiterates medium‑term growth targets.

Why should I read this?

Quick take: Playtech’s headline profit is supercharged by the Snaitech sale, but the underlying business is moving in the right direction — big SaaS gains and fast North American growth, plus a clear strategic pivot back to B2B. If you track gaming suppliers, operator partnerships or shareholder returns, this is worth a two‑minute read.

Author style

Punchy: a hefty cash return to shareholders, a strategic refocus on B2B, and tangible growth in recurring revenue streams — the detail makes clear why management expects the full year to beat forecasts.