PlaySide is a Melbourne-based video game company founded in 2011 and is one of Australia’s largest independent game developers.
The company has over 70 game creators that have contributed to a portfolio of 52 titles delivered across 4 platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR) and PC.
PlaySide does have self-published games based on original intellectual property, but it also works in collaboration with major Hollywood studios such as Disney, Warner Bros and Nickelodeon.
Drew Meredith, CFP and Owen Rask are back on The Australian Investors Podcast talking ASX Reporting Season and US stock market quarterly reports.
The Playside Studios Ltd (ASX: PLY) share price is down 40% in 2022 despite ratching up revenue and securing an extended work-for-hire deal with Meta Platforms Inc (NASDAQ: FB), otherwise known as Facebook. What’s next for the Playside share price?
On this Australian Investors Podcast episode Dr Anirban Mahanti and Owen Rask tackle Apple Inc (NASDAQ:AAPL), PlaySide Studios Ltd (ASX:PLY), Alphabet Inc (NASDAQ:GOOGL), Commonwealth Bank of Australia (ASX:CBA), Twilio Inc (NYSE:TWLO), Nanosonics Ltd (ASX:NAN), Meta Systems Inc (NASDAQ:FB) and Computershare Ltd (ASX:CPU).
This episode of The Australian Investors Podcast lifts the lid on one ASX small-cap company Owen recommended as part of the Rask Rockets Beyond program.
Since shares started trading earlier this month, the share price of PlaySide Studios (ASX: PLY) has already doubled in value. Is it a good time to buy shares?