PlaySide Studios unveils operational update

PlaySide Studios (ASX:PLY), Australia's largest video game developer, has announced an operational update and financial forecast for FY25. The company achieved a milestone with the successful launch of 'Kill Knight,' receiving 'Overwhelmingly Positive' feedback on Steam. PlaySide plans to launch several significant titles in 2025, including a Game of Thrones strategy game, amidst a robust financial outlook.

Outlook and strategic priorities for PlaySide

PlaySide Studios has set its sights on expanding its presence in the PC and console gaming market with the successful launch of 'Kill Knight' and upcoming releases like 'MOUSE' and a Game of Thrones strategy game. The company is financially prepared, with $37 million in cash, to execute its FY25 plans and expects revenue between $62-68 million. PlaySide aims to leverage its strategic partnerships and strong portfolio to navigate industry challenges while maintaining profitability and growth. The company's commitment to innovation and expansion is evident in its diverse game offerings and global marketing plans.

Executive insights on PlaySide's strategy

We are thrilled with the reception of 'Kill Knight' and the momentum it has generated for our upcoming projects. Our participation in key industry events has opened up new avenues for growth. Despite industry challenges, we remain financially resilient with a strong cash position to support our ambitious plans for FY25.