Robert Antokol on financials
From Playtika CEO and co-founder Robert Antokol on its IPO · · CNBCTelevision
“We are growing — we are a cash flow positive company from day one.”
On , Robert Antokol, Former CEO & Co-Founder at Playtika, spoke about financials during Playtika CEO and co-founder Robert Antokol on its IPO on CNBCTelevision.
About Robert Antokol
On January 15, 2021, Playtika CEO and co-founder Robert Antokol appeared on CNBC's "Squawk Alley" to discuss the company's IPO, which he described as a "big milestone for an Israeli company that was established 10 years ago to go public here in the U.S." Antokol stated that Playtika is "a cash flow positive company from day one" and characterized the company as "a little bit different than the other mobile companies," citing its technology and data-driven approach. He said that Playtika treats its games as platforms, noting that Slotomania receives "fresh content every week or every two weeks" and that nine of the top 100 games in the U.S. are Playtika games. Regarding platform risk, Antokol said that Apple and Google "were always an amazing partner of Playtika" and that running on their platforms "has never been a risk for us, it's always been an advantage." When asked about the Chinese consortium retaining voting power post-IPO, Antokol stated that Playtika is "an Israeli independent company" with management in Israel and that the company has had Israeli and U.S. investors, adding that "we have no issue with it."