PlaySide Studios (PLY) AGM 2025 summary

Opening remarks and agenda

• Meeting opened virtually with confirmation of quorum and assurance of full participation rights for shareholders.

• Agenda included chairman's address, CEO's review, and formal business including director introductions and auditor presence.

Financial performance review

• FY 2025 revenue declined 25% to AUD 48.7 million, with an EBITDA loss of AUD 7.4 million versus a prior year profit.

• Cost-saving measures and restructuring led to annualized savings ahead of the AUD 4–5 million target.

• Capital raised included AUD 8 million from a share purchase plan and an expected AUD 6 million from a tax offset.

Board and executive committee updates

• CEO Benn Skender appointed in March, following a period as Chief Strategy Officer.

• CFO Darren Briggs announced intention to retire in March 2026, with a transition process commencing.

• Board and leadership team recognized for efforts during a challenging year.