Playtika Holdings
🌱 SurvivorTrust Size
$0M
Peak Price
$35.61
Current Price
$8.50
Return
-15.0%
Peak Market Cap
$14.5B
What Happened
Israeli mobile gaming giant with real revenue ($2.5B+) went public in the SPAC era. Actually has profitable games but stock declined 76% from peak on growth concerns.
Playtika IPOed in January 2021 at $27/share — technically a traditional IPO but deeply connected to the SPAC-era gaming boom. The company owns popular mobile games (Slotomania, Bingo Blitz). Unlike most SPAC-era gaming companies, Playtika had $2.3B real revenue and was profitable. But growth stalled as mobile gaming matured, and a failed $10B+ sale process in 2022 spooked investors. Stock fell from $36 to $8.
Projections vs. Reality
Projected Revenue
$2.8B
What they told investors
Actual Revenue
$2.5B
What actually happened
Hype-to-Reality Ratio: 89.0x
Key People
Robert Antokol
CEO & Co-founder
Israeli gaming entrepreneur
Jericho Capital
Major Shareholder
PE firm, controlled via leveraged buyout
Timeline
2021-01
IPO at $27/share
2021-03
Stock peaks at $36
2022-01
Failed sale process (buyers walked)
2023-06
Stock falls below $10
2025-01
Stable at $8.50, still profitable
📄 SEC Filings
View all EDGAR filings for Playtika Holdings
Risk Scores
Dilution Score
25/100
Insider Profit Index
30/100
Hype-to-Reality Ratio
89.0x
Projected ÷ actual revenue