DoubleDown Interactive Co., Ltd.

NASDAQ•DDI

CEO: Mr. In Keuk Kim

Sector: Technology

Industry: Electronic Gaming & Multimedia

Listing Date: 2021-08-31

DoubleDown Interactive Co., Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips. Its games are primarily distributed, marketed, and promoted through third party platform providers. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. The company was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. is a subsidiary of DoubleU Games Co., Ltd.

Contact Information

Gangnam Finance Center, 13th Floor No. 152, Teheran-ro Gangnam-gu, Seoul, 06236, South Korea

82-2-501-7216

www.doubledowninteractive.com

Market Cap

$444.49M

P/E (TTM)

4.3

33.5

Dividend Yield

52W High

$11.25

52W Low

$8.09

52W Range

28%

Rank34Top 27.8%

4.7

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Average • 4.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$95.97M+0.00%

4-Quarter Trend

EPS

$0.49+0.00%

4-Quarter Trend

FCF

$42.21M+0.00%

4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Total Revenue Growth Total Revenue reached $341.3M in 2024, marking a 10.5% increase from $308.9M in 2023, driven by iGaming inclusion.

Profitability Improvement Profit for the year rose $23.3M to $124.4M in 2024; Adjusted EBITDA grew 16.2% to $141.9M for the period.

Strong Player Retention 94.6% of 2024 revenue derived from 2010–2023 player cohorts, demonstrating sustained monetization ability across years.

Web Segment Surge Web revenue showed strong growth, increasing 45.3% to $111.0M in 2024, significantly outpacing the stable mobile segment.

Risk Factors

Revenue Concentration Risk DoubleDown Casino generated 88.6% of 2024 revenue; growth depends heavily on refreshing content and launching new titles.

IP License Termination Threat Received IGT Letter purporting license termination; company is vigorously defending rights against potential loss of key content.

Regulatory/Legal Exposure Facing broad industry investigation via Washington State CID regarding social casino legality and potential for adverse legal actions.

Increased G&A Costs General and administrative expenses surged 108.1% to $41.0M due to the reorganization transfer of the Olive Studio team.

Outlook

Portfolio Diversification Strategy Intend to launch new games and expand adjacent segments like RPGs to reduce reliance on the flagship social casino title.

iGaming Expansion Focus Seek growth from SuprNation's European iGaming division by expanding player engagement in highly regulated markets.

Data-Driven Monetization Continue leveraging data analytics to optimize user acquisition spend and enhance player monetization efforts daily across platforms.

Technology Platform Investment Plan continued investment in robust technology infrastructure to scale business and support agile product development globally.

Peer Comparison

Revenue (TTM)

XRX

$7.02B

+12.9%

IMXI

$607.78M

-7.7%

SOHU

$585.64M

-2.1%

Gross Margin (Latest Quarter)

IMXI

261.4%

-53.6pp

TSAT

95.3%

-0.2pp

SOHU

75.3%

+6.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
TSAT	$513.40M	-4.5	-22.6%	47.8%
SOHU	$481.05M	1.1	35.2%	0.0%
IMXI	$469.26M	14.5	22.1%	0.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

4.8%

Moderate Growth

4Q Net Income CAGR

0.3%

Profitability Slowly Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 12, 2026

EPS:$0.58

Revenue:$94.63M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data