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Firy (FIRY) investor relations material

Firy Investor presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Investor presentation summary18 Jun, 2026

Company evolution and strategic milestones

  • Transitioned from Skillz Inc. to FIRY, expanding from mobile gaming to a multi-business platform.

  • Achieved first sequential GMV growth since 2021 and 12% YoY GMV growth.

  • Won significant litigation, securing favorable federal jury verdicts and settlements.

  • Acquired BEAMABLE to enhance backend and LiveOps capabilities.

  • Rebuilt after industry and legal challenges, positioning for long-term growth.

Business model and platform overview

  • Operates three complementary businesses: skill-based real money gaming, AI-powered ad tech (RZR), and backend/LiveOps (BEAMABLE).

  • Serves over 90 million lifetime users and 4,000 game developers.

  • Provides an end-to-end flywheel integrating content, monetization, ad tech, and player data.

  • Proprietary technology includes 90+ issued patents and 110+ pending, covering fraud prevention, payments, and tournament infrastructure.

Financial performance and outlook

  • Revenue expected to more than double from $130M in 2025 to $258M in 2028.

  • Gross margins consistently strong at 82%-88% through 2025.

  • Adjusted EBITDA loss improved from ($188M) in 2021 to ($46M) LTM, with expenses cut to a quarter of peak levels.

  • Q1 2026 revenue reached $29M, up 33% YoY, with LTM revenue at $112M, up 25%.

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Q2 20266 Aug, 2026
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