Forensic Analysis · Technology / Software · as of Oct 26, 2026
Playstudios, Inc. (MYPS)
A forensic read on Playstudios, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
4.7
Distress distance
Clean
Earnings quality
1
Forensic signals
-12.1%
ROE
-18.8%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Playstudios, Inc. earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 4.7, placing it in the Safe zone. 1 forensic signal was flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-12.3%
FY2025
Return on invested capital.Return on invested capital is -12.3% in the latest fiscal year, against -4.4% in FY2023, having run between -14.8% and -4.4% across FY2023–FY2025 with no direction held. After-tax operating profit was ($8M) in FY2023 and ($19M) in FY2025, with operating income at -3.4% of revenue in FY2023, -11.4% in FY2024 and -10.2% in FY2025. The capital base behind it came down -18% across FY2023–FY2025, from $187M to $153M, so this return is struck on a smaller base than it started on. Across FY2024–FY2025, $42M went into capital expenditure and acquisitions against $9M of depreciation. The base is struck net of amortisation, write-downs and the current liabilities that fund it, so it moved by less than that spending net of the wear, and this row does not say which of those absorbed the difference. FY2023's operating profit carried a $9M restructuring charge and a $2M asset write-down that alone took about 4.6 points off that year's return, so the FY2025 return is being compared with a base year that charge had already pulled down. FY2024's operating profit carried a $26M restructuring charge and a $9M asset write-down that alone took about 15.7 points off that year's return; FY2024 sits between the two ends of FY2023–FY2025, so the charge shapes the path between them without moving the change across it.
Key fundamentals
Latest Revenue$235.1M
Revenue Growth YoY-18.8%
Revenue CAGR (2yr)-13.0%
Net Margin-12.2%
Free Cash Flow$9.8M
Return on Equity-12.1%
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Playstudios, Inc.'s actual 10-K/10-Q/8-K filings?