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+ PlaySide ™ Q1 FY22 QUARTERLY ACTIVITY & CASHFLOW REPORT PLAYSIDE REPORTS RECORD QUARTERLY REVENUE OF $ 4.04M PlaySide Studios Limited ( ASX : PLY ) ( " PLY " or " PlaySide " ) , Australia's largest publicly listed video game developer , is pleased to provide its Q1 FY22 Quarterly Activities Report and Appendix 4C . QUARTERLY HIGHLIGHTS • Record quarterly unaudited commercial revenue of $ 4.04 million , a very strong increase of 114 % on pcp and 29 % quarter - on - quarter . This comprised : Original IP : $ 2.7 million , up 227 % on pcp and 22 % quarter - on quarter О Work for Hire : $ 1.34m , up 25 % on pcp and 46 % quarter - on - quarter Strategic long - term publishing agreement signed with Team17 for Age of Darkness : Final Stand PC title and positive Early Access launch on the Steam platform Successful acquisition of the Dumb Ways to Die franchise completed for $ 2.25 million Extended current work - for - hire agreement with Facebook for an additional six months , increasing contract value by 90 % and validating PlaySide's development capability Cash position of $ 9.33 million as of 30 September 2021 PlaySide's CEO , Gerry Sakkas said : " It's been an exceptional quarter for PlaySide in which we've achieved several important milestones . We delivered record quarterly revenue of $ 4.04 million , which represents 29 % growth quarter - on - quarter and a 114 % increase on the same period last year . Underpinning the overall revenue performance , is the largest quarter of Original IP and second largest quarter of work - for - hire revenue since the Company's inception . In addition to delivering strong revenue growth , PlaySide also : • Completed its first ever acquisition , bringing the Dumb Ways to Die ( " DWTD " ) franchise into the business Extended and expanded the development agreement with Facebook Technologies • • Signed a strategic partnership agreement with global indie games publisher Team17 and then jointly launched PlaySide's first PC title Age of Darkness : Final Stand into Early Access . " These achievements position the Company extremely well to achieve a strong FY22 . We also have a robust and growing pipeline of new gaming titles for release over the coming 12 months that have potential to generate material additional revenue . I could not be more pleased with our entire team who continue to work tirelessly to grow PlaySide . The quality of our work continues to resonate with both clients and gamers globally . "