Company: LAWIL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000750004-25-000031
Chunk: 65

Company: Light & Wonder, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 65
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. In light of current circumstances in Israel, we are actively monitoring developments and are ready to redirect resources as needed to minimize impact on SciPlay operations. We do not have servers or infrastructure that are located in Israel that host our games. While we have not yet seen an impact on our business from current events, they could negatively affect the performance of the personnel in that area and have an adverse impact on our business if these events continue and/or escalate. 

Results of Operations and KPIs

Three Months Ended March 31, 2025 and 2024

(1) Other primarily represents advertising revenue, which was not material for the periods presented. 

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Three Months Ended March 31,Variance(in millions unless otherwise noted)202520242025 vs. 2024Revenue:Third-party platforms and other(1)$175 $194 $(19)(10)%Direct-to-consumer platforms27 12 15 125 %Total revenue$202 $206 $(4)(2)%KPIs:In-App Purchases:Average MAU(2)5.5 5.8 (0.3)(5)%Average DAU(3)2.1 2.2 (0.1)(5)%ARPDAU(4)$1.06 $1.01 $0.05 5 %Average MPUs(5) (in thousands)572 594 (22)(4)%AMRPPU(6)$116.96 $113.93 $3.03 3 %Payer Conversion Rate(7)10.4 %10.2 %0.2 ppnmnm = not meaningful.pp = percentage points.(1) Other primarily represents advertising revenue, which was not material for the periods presented.(2) MAU = Monthly Active Users is a count of visitors to our sites during a month. An individual who plays multiple games or from multiple devices may, in certain circumstances, be counted more than once. However, we use third-party data to limit the occurrence of multiple counting. (3) DAU = Daily Active Users is a count of visitors to our sites during a day. An individual who plays multiple games or from multiple devices may, in certain circumstances, be counted more than once. However, we use third-party data to limit the occurrence of multiple counting. (4) ARPDAU = Average Revenue Per DAU is calculated by dividing revenue for a period by the DAU for