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PlaySide Quarterly Activities Report & Appendix 4C QUARTER ENDING 31ST DECEMBER 2020 ASX Release 29 January 2021 Playside Studios Limited - December Quarterly 4C Review ( Q2FY21 ) PlaySide Studios Limited ( ASX : PLY ) ( " PLY " or " PlaySide " ) , one of Australia's largest publicly listed video game developers , is pleased to provide its Q2 FY21 Quarterly Activities Report and Appendix 4C . ASX Code : PLY Capital Structure Share Price * Shares on Issue • $ 0.365 $ 366.5m Market Capitalisation * $ 133.8m * as at close of trade 28/01/21 Board & Management Cristiano Nicolli Non - Executive Chairman Gerry Sakkas Chief Executive Officer & Managing Director Mark Goulopoulos Non - Executive Director Aaron Pasias Non - Executive Director Hans Ten Cate Non - Executive Director Darren Briggs Chief Financial Officer / Company Secretary Paul Fouracre Chief Operating Officer Contact T : 0407 880 693 E : info@playsidestudios.com W : www.playsidestudios.com A : 75 Crockford Street Port Melbourne Vic 3207 IPO • KEY HIGHLIGHTS Commenced trading on ASX on December 17th 2020 66 % increase in Revenues ( unaudited ) to $ 3.13m over the previous quarter ( Q1 FY21 ) 84 % increase in Cash receipts to $ 3.19m over the previous quarter ( Q1 FY21 ) Animal Warfare , a PlaySide Original IP title , has achieved over 6 million downloads since its launch in August 2020 Development commenced on PlaySide's premiere " next generation " console title . This is a significant step for the company in the highly coveted console segment . PlaySide listed on the ASX on December 17th , 2020 under the ASX code PLY after raising $ 15 million at $ 0.20 per share . The IPO closed oversubscribed with strong support received from institutional , sophisticated and retail investors . PlaySide reported strong growth in both Q2 FY21 unaudited customer revenues of $ 3.13m ( + 66 % QoQ ) and customer receipts of $ 3.19m ( + 84 % QoQ ) with Animal Warfare being a key contributor . In addition , several work for hire mobile game development contracts contributed to the result . PlaySide's Average Daily Active Users ( " DAU's " ) for Q2 FY21 on its Original IP titles grew to 237,000 , up 249 % on the previous quarter , while installs grew to 5.8 million up 241 % on the previous quarter . In addition , average sessions per day increased to 1.75 million , up 365 % on the previous quarter . Revenue ( m ) Installs ( m ) TURILES DUM ACN : 154 789 554 DUM 4 3 2 1 0 Q4 Average DAU ( k ) 6 5- 4 3- 2 1 0 Q1 Q2 Q4 Q1 Q2 Avg Sessions / day ( m ) 250- 2 . 200 1.5 150 1 100- 50 0.5 0 0 Q4 Q1 Q2 Q4 Q1 Q2