Playstudios vs Xunlei
Xunlei is the larger business, with $460m of revenue in fiscal 2025 against $235m for Playstudios (2.0 times as much). Xunlei grew faster (42.5% against -18.8%). Xunlei kept more of each dollar of sales as profit: a net margin of 227.7% against -12.2%.
| Latest fiscal year | PlaystudiosMYPS, 2025 | XunleiXNET, 2025 |
|---|---|---|
| Revenue | $235m | $460m |
| Revenue growth | -18.8% | 42.5% |
| Net income | −$28.6m | $1.05bn |
| Operating margin | — | 1.4% |
| Net margin | -12.2% | 227.7% |
| Return on equity | -12.1% | 123.9% |
| Free cash flow | $25.4m | $27.1m |
| Cash | $105m | $157m |
| Total debt | $0 | $75.6m |
| Debt to equity | — | 5.5% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $3.5m | — |
| Employees | — | — |
| Market value | $577m | $213m |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | 37 (Weak) | — |
| Insider trades, 12 months | 1 buys, 8 sales | 0 buys, 0 sales |