DoubleDown Interactive Co Ltd

DoubleDown Interactive Co., Ltd. operates as an interactive entertainment studio. It focuses on the development and publishing of casual games and mobile applications. The company was founded in 2008 and is headquartered in Seoul, South Korea.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DoubleDown Interactive reports robust Q1 performance and expands into iGaming

DoubleDown Interactive delivered strong financial results in Q1 2023, showcasing resilience and strategic expansion. While facing challenges in app performance, the company's financial flexibility and focus on growth opportunities position it for future success.

DoubleDown Interactive reports stable Q2 performance and eyes strategic expansion

DoubleDown Interactive's Q2 performance reflects a mix of stability and potential for growth, with solid financial results from the flagship DoubleDown Casino app and a strong cash position. While facing challenges in sustaining revenue growth and integrating new acquisitions, the company's strategic investments and confidence in its growth strategy signal opportunities for future expansion and value creation.

DoubleDown Interactive reports Q3 revenue decline but eyes European iGaming market

DDI's Q3 performance showed a decline in revenue but highlighted consistent profit and adjusted EBITDA. The acquisition of SuprNation and the company's strong net cash position present opportunities for growth. However, challenges in revenue decline and integration of the acquisition need to be addressed for sustained success.

DoubleDown Interactive excels in Q1 2024, eyes gaming expansion

DoubleDown Interactive demonstrated strong financial performance in Q1 2024, driven by revenue growth and improved profitability.
The company's focus on enhancing player engagement, introducing new features, and expanding into new gaming categories positions it for future growth.
While facing challenges in a competitive market, DoubleDown's strategic investments and financial strength provide a solid foundation for continued success.

DoubleDown Interactive reports robust Q2 earnings and strategic growth plans

DoubleDown Interactive Co Ltd (DDI) delivered a strong Q2 2024 performance, marked by revenue growth, improved EBITDA, and solid cash flow from operations.
The company's focus on player experience, revenue strategies, and financial health positions it well for future growth and strategic initiatives.
While facing challenges from industry competition and M&A evaluations, DDI has opportunities to drive sustained growth through innovation, player engagement, and expansion into new gaming categories.

DoubleDown Interactive Co Ltd (DDI) reports robust Q3 earnings, eyes expansion

DoubleDown Interactive Co Ltd (DDI) demonstrated strong financial performance in Q3 2024, driven by revenue growth and operational efficiency. The company's focus on key KPIs and disciplined spending underscores its commitment to sustainable growth and value creation for shareholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DoubleDown Interactive Co., Ltd. engages in the gaming entertainment business. It operates through the Gaming and iGaming business divisions. The Gaming business division develops and publishes social casinos and casual games. The iGaming business division refers to development and operation of license-based online casinos. The company was founded in December 2007 and is headquartered in Seoul, South Korea.

The mean of analysts' price targets for DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) points to a 92.1% upside in the stock.

Wall Street Analysts Believe DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) Could Rally 92.14%: Here's is How to Trade

SEATTLE, Feb. 21, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today announced that it has engaged Samil PricewaterhouseCoopers (“PwC”) as its independent registered public accounting firm for the fiscal year ending December 31, 2023, replacing Ernst & Young LLP (“EY”).

DoubleDown Interactive Announces Change in Independent Registered Public Accounting Firm

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI ) Q4 2022 Earnings Conference Call February 7, 2023 5:00 PM ET Company Participants Jeff Grampp - Investor Relations In Keuk Kim - Chief Executive Officer Joe Sigrist - Chief Financial Officer Conference Call Participants David Bain - B.

DoubleDown Interactive Co., Ltd. (DDI) Q4 2022 Earnings Call Transcript

SEATTLE, Feb. 07, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today reported its unaudited financial results for the fourth quarter and year ended December 31, 2022.

DoubleDown Interactive Reports Fourth Quarter and Full Year 2022 Results

NEW YORK--( BUSINESS WIRE )-- Dealpath — the industry's most trusted, purpose-built real estate platform, empowering hundreds of today's leading institutions such as Blackstone, AEW, Oxford Properties, Nuveen, Principal Real Estate, and Bridge Investment Group to invest digitally in the built world — enters 2023 confident about its growth and the opportunities ahead after a momentous 2022. Having compounded a high rate of revenue growth, and quickly surpassed 100 Full Time Employees including big hitter additions to its Leadership team, Dealpath has, to date, empowered over $10 Trillion in transactions and supports 7 of the top 10 institutional investors through its platform.

After A Banner Year Of Company Milestones In 2022, Dealpath Extends Leadership Position & Continues Growth In 2023

SEATTLE, Jan. 25, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, will hold a conference call on Tuesday, February 7, 2023 at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results for the fourth quarter and full year ended December 31, 2022. Financial results will be issued in a press release prior to the call.

DoubleDown Interactive Sets Fourth Quarter and Full Year 2022 Earnings Call for Tuesday, February 7 at 5:00 p.m. ET

DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) Upgraded to Strong Buy: Here's Why

Euronav

Okta

DDI, OKTA and EURN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 16, 2022.

Best Momentum Stocks to Buy for January 16th

SEATTLE, Jan. 11, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today announced that the Company has entered into a Share Purchase Agreement (the “Agreement”) to acquire SuprNation AB, a Swedish limited liability company (“SuprNation”) for cash consideration of approximately $35 million(1) (or €33 million), on a cash free and debt free basis and subject to final 2022 financial review. SuprNation is a European-based i-Gaming company providing differentiated casino gaming experiences.

DoubleDown Interactive Enters into Share Purchase Agreement to Acquire i-Gaming Operator, SuprNation

SEATTLE, Jan. 03, 2023 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today announced its participation in the 25th Annual Needham Growth Conference. The 25th Annual Needham Growth Conference is being held on January 10 through January 12, 2023 at The Lotte New York Palace in New York City. Management of the Company will be hosting one-on-one meetings with investors in person during the entire conference. The Company is scheduled to present on January 10, 2023 at 4:30 p.m. Eastern time. Those interested in attending the presentation may join here and a replay will be available in the Investor Relations section of the Company's website.

DoubleDown Interactive Announces Upcoming Conference Participation

DoubleDown does have a lot of expertise in designing casino emulator games globally. If management continues to be successful in the assessment of data traffic, and user acquisition cost does not increase due to competition, free cash flow will likely grow.

DoubleDown: Top Online Games And Quite Undervalued

SEATTLE, Dec. 28, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today announced that at the extraordinary general meeting of shareholders (the “EGM”) held on December 28, 2022 at 11:00 a.m. (Korea Standard Time), or December 27, 2022 at 9:00 p.m. (U.S. Eastern Time), in Seoul, Korea, the shareholders of record as of December 5, 2022, approved the reduction of the Company's capital reserve in the amount of KRW 330 billion pursuant to Article 461-2 of the Korean Commercial Code, as originally proposed by the Company's board of directors.

DoubleDown Interactive Announces Results of Extraordinary General Meeting Held on December 28, 2022

SEATTLE, Nov. 21, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at 152 Teheran-Ro, 13th floor, Gangnam-gu, Seoul on December 28, 2022 at 11:00 A.M., Korea Standard Time, or December 27, 2022 at 9:00 P.M. Eastern Time.

DoubleDown Interactive to Hold Extraordinary General Meeting on December 28, 2022

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI ) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants Jeff Grampp - Gateway Group In Keuk Kim - CEO Joseph Sigrist - CFO Conference Call Participants Aaron Lee - Macquarie Greg Gibas - Northland Securities Operator Good afternoon, and welcome to DoubleDown's Earnings Conference Call for the Financial Results for the Third Quarter Ended September 30, 2022.

DoubleDown Interactive Co., Ltd. (DDI) Q3 2022 Earnings Call Transcript

SEATTLE, Nov. 08, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today reported its unaudited financial results for the third quarter ended September 30, 2022.

DoubleDown Interactive Reports Third Quarter 2022 Results

SEATTLE, Oct. 25, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital social casino games, will hold a conference call on Tuesday, November 8 at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results for the third quarter ended September 30, 2022. Financial results will be issued in a press release prior to the call.

DoubleDown Interactive Sets Third Quarter 2022 Earnings Call for Tuesday, November 8 at 5:00 p.m. ET

Intel

Pegasystems

Penn Entertainment

PayPal

Stitch Fix

Zoom Video

The miserable year for tech stocks just won't end, so nobody could really blame you if you started looking for tech stocks to sell. While tech seemed to have a resurgence in August and gave growth investors some hope in an utterly miserable year on the market, the sector is once again on the downturn.

7 Tech Stocks to Sell Before They Die

SEATTLE, Sept. 22, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, celebrates the first anniversary of Undead World: Hero Survival. Within its first year, the zombie-battler role-playing game has been downloaded by over 1,000,000 players.

DoubleDown Interactive Celebrates First Anniversary of Undead World: Hero Survival

DoubleDown Interactive is a small gaming company with growing margins, solid cash flow, and deeply negative net debt, but valued at a significant discount to book value. For a long time, the key risk factor for DDI investors has been litigation. Looks like this risk factor has been left behind.

DoubleDown Interactive: A Cigar Butt Company

SEATTLE, Aug. 30, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital social casino games, today announced that at an extraordinary general meeting of shareholders (the “EGM”) held on August 26, 2022 at 11:00 am, Korea Standard Time, in Seoul, Korea, the shareholders of record as of August 3, 2022, approved and adopted the following resolutions as originally proposed by the Company's board of directors:

DoubleDown Interactive Announces Results of 2022 Extraordinary General Meeting

International Game Technology

LONDON , Aug. 29, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) and DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown") today announced an agreement in principle to settle the Benson v.

INTERNATIONAL GAME TECHNOLOGY PLC ANNOUNCES AGREEMENT IN PRINCIPLE TO SETTLE LEGAL PROCEEDINGS RELATED TO BENSON V. DOUBLE DOWN INTERACTIVE LLC

SEATTLE, Aug. 29, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital social casino games, and International Game Technology PLC (NYSE: IGT) (“IGT”), today announced an agreement in principle to settle the Benson v. DoubleDown Interactive LLC, et. al. lawsuit and associated proceedings (the “Benson Matters”). IGT completed the sale of DoubleDown Interactive LLC (“DDI”), the operator of social gaming business, DoubleDown Casino, to DoubleU Diamond LLC, a subsidiary of DoubleDown, in June 2017. The agreement in principle, entered into by certain subsidiaries of IGT and DoubleDown, remains contingent on final court approval by the U.S. Federal District Court for the Western District of Washington.

DoubleDown Interactive Announces Agreement In Principle to Settle Legal Proceedings Related to the Benson Class Action

DoubleDown Interactive reported earnings on August 12th. While headlines looked bad they mostly reflected a pre-booked expense related to the outstanding Benson case. Operating results remained strong with $21m in FCF in Q2.

DoubleDown Interactive: Q2 Earnings And Legal Review Suggest Continued Margin Of Safety

SEATTLE, Aug. 16, 2022 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ: DDI) (“DoubleDown” or the “Company”), the developer behind the popular social casino game, DoubleDown Casino, celebrates 12 years since the launch of their flagship title.

DoubleDown Interactive Celebrates 12 Years of DoubleDown Casino

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Jeff Grampp - Investor Relations In Keuk Kim - Chief Executive Officer Joe Sigrist - Chief Financial Officer Conference Call Participants David Bain - B.

News for DoubleDown Interactive Co Ltd Stock (DDI)