LAS VEGAS, March 1, 2021 /PRNewswire/ — SciPlay Corporation (NASDAQ: SCPL) (“SciPlay” or the “Company”) today reported results for the fourth quarter and year ended December 31, 2020.
Josh Wilson, Chief Executive Officer of SciPlay, said, “Our core business has never been healthier as we achieved record results in 2020. Our intense focus on data and live ops is driving tangible success and enhanced monetization of our evergreen franchises. Looking ahead, we couldn’t be more excited about our expansion into the casual genre with the launch of Solitaire Pets Adventure this year. This is a major step in our evolution and I’m confident we have the right talent and expertise to leverage our success in the social casino space to the casual genre.”
Mike Cody, Chief Financial Officer of SciPlay, added “2020 was an operational and financial success. We grew our full year revenue by 25% and delivered increases in net income and AEBITDA of more than 50%. In addition, we are well positioned to deliver future growth and long-term shareholder value with the acquisition of Come2Play. Our strong financial performance and balance sheet coupled with our high cash generating business provides us with the ability to continue to invest in our evergreen franchises and strategically expand into new genres to diversify our product and revenue base.”
Earnings Conference Call
As previously announced, SciPlay executive leadership will host a conference call on Monday, March 1, 2021, at 5:30 p.m. EST to review the Company’s fourth quarter and full year results. To access the call live via a listen-only webcast and presentation, please visit http://www.sciplay.com/investors/investor-information/ and click on the webcast link under the Investor Information section. To access the call by telephone, please dial: +1 (412) 317-0790 (U.S. and International) and ask to join the SciPlay Corporation call. A replay of the webcast will be archived in the Investors section on www.sciplay.com.
We are a leading developer and publisher of digital games on mobile and web platforms. We currently offer seven core games, including four social casino games and three primary casual games, and recently added a solitaire social game targeted toward casual game players. Our social casino games typically include slots-style game play and occasionally include table games-style game play, while our casual games blend slots-style or bingo game play with adventure game features. All of our games are offered and played on multiple platforms, which include Apple, Google, Facebook, Amazon, and Microsoft. In addition to our internally created game content, our content library includes recognizable, real-world slot and table games content from Scientific Games Corporation. This content allows players who like playing land-based slot machines to enjoy some of those same titles in our free-to-play games.
You can access our filings with the SEC through the SEC website at www.sec.gov or through our website, and we strongly encourage you to do so. We routinely post information that may be important to investors on our website at www.sciplay.com/investors/, and we use our website as a means of disclosing material information to the public in a broad, non-exclusionary manner for purposes of the SEC’s Regulation Fair Disclosure (Reg FD). The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document, and shall not be deemed “filed” under the Securities Exchange Act of 1934, as amended.