FY22 Interim Result Presentation

PLAYSIDE STUDIOS (PLY.ASX) FY22 Interim Result Presentation

H1FY22 HIGHLIGHTS

‣ Successfully launched "Age of Darkness: Final Stand" into Early Access on Steam.
‣ Completed acquisition of the Dumb Ways to Die ("DWTD") franchise for $2.25 million which represented a multiple of 1.5x of the DWTD FY21 revenue.
‣ Signed the largest work-for-hire development agreement since listing with 2K Games.
‣ Signed a work-for-hire contract with one of the largest crypto currencies in the world Shiba Inu.
‣ Raised $28 million through a $25 million Placement and a Share Purchase Plan of $3 million.

‣ Work for Hire Revenue: $3.41m an increase of $1.37m on PCP. Driven by 2K Games, META ( Facebook ) and SHIBA.
‣ Original IP Revenue: $5.99m an increase of $3.01m on PCP. Driven by Age of Darkness: Final Stand and casual games Battle Simulator & Animal Warfare

	H122($)	H121($)	CHANGE($)	CHANGE(%)
Revenue*	9.4M	5.8M	3.6M	+61
EBITDA	(147K)	(1,625K)	1,478K	+91
NPAT	(444K)	(2,050K)	1,606K	+78
Net Cash	33M	16M	17M	+106

* H121 includes $688k Govt Grants (FY21 claim to be lodged 2HFY22)

Roadmap

Hard Launch - Q4FY22

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 late FY22.
‣ The Godfather will enter Soft Launch phase during Q3FY22 and Hard Launch expected to occur Q1FY23.
‣ PlaySide is currently in conversations with multiple Hollywood movie studios around new Licenses.

‣ Launched BEANS Web 3 project.
‣ PlaySide has increased overall social following of the brand. TikTok followers have grown from 580k to 1.2M. YouTube now has over 1M Subscribers.
‣ PlaySide is developing 3 new titles for Dumb Ways to Die. The sequel everyone has been waiting for Dumb Ways to Die 4. A casual title and a puzzle title leveraging our puzzle tech.
‣ PlaySide are actively exploring new brand opportunities and are in talks with major streaming providers and toy companies to further expand the brand outside of gaming.

Mobile

‣ PlaySide is developing 2 new casual titles based on its hit games Battle Simulator Warfare and Idle Area 51. These new titles will leverage the mechanics and overall performance of their predecessors whilst bringing a new theme for players to enjoy.
‣ Battle Simulator Warfare, Animal Warfare, Idle Area 51 and Garbage Truck Simulator all continue to bring new users in through new and exciting updates like Multiplayer.

‣ Age of Darkness: Final Stand launched in Early Access with Team17 in Q1 FY22. Strong progress on campaign and multiplayer. Global launch planned for Q2 FY23
‣ World Boss: The collaboration with influencers LazarBeam and Fresh, who have a combined YouTube following of over 27 million subscribers was announced in Q3 FY22. The title has a planned Open Beta in Q4 FY22.
‣ Project Medieval has been named Pillage Party. Early Access Launch is planned for H2 FY23 on multiple platforms

PLAYSIDE HAS LAUNCHED A NEW METAVERSE FRANCHISE BEANS BY DUMB WAYS TO DIE. BRINGING AAA GAME DEVELOPMENT TO WEB 3

‣ Successful launch in Q3 FY22 of BEANS NFTS resulting in approx. $8.4M Revenue including secondary sales
‣ PlaySide earns royalties for secondary sales via NFT marketplaces. BEANS will see multiple new collections this year including PETS & LOOT.
‣ Currently developing multiple Web 3 products including a revolutionary 3D Web Viewer and an MMO.
‣ PlaySide is developing a brand new NFT series and are in talks with major Hollywood players around licensing their brands.

ITS AAA GAME DEVELOPMENT CAPABILITIES AND GAIN RECOGNITION ON THE GLOBAL STAGE.

‣ PlaySide signed agreements with 2K Games, Shibu Inu Games and expanded its development on (META) Facebook Technologies in H1 FY22
‣ PlaySide signed a development agreement with Activision Blizzard in early Q3 FY22
‣ WFH continues its strong contribution to revenue & profitability whilst also introducing new strategic relationships.

CURRENT WORK-FOR-HIRE

Investor Relations