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Can PlaySide Studios Turn Around After $12.1m Loss and Major Restructure?
12:34am on Saturday 30th of August, 2025 AEST
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Technology
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Can PlaySide Studios Turn Around After $12.1m Loss and Major Restructure?
12:34am on Saturday 30th of August, 2025 AEST
Key Points
25% drop in revenue to $48.7 million
Net loss after tax of $12.1 million, reversing prior year profit
CEO transition and operational restructure with 62 redundancies
Capital raise of $6.6 million plus $3 million Share Purchase Plan post-year-end
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Playside Studios (ASX:PLY)
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