Doubledown Interactive Co Ltd

Doubledown Interactive Co Ltd

DDI · NASDAQ · Communication Services / Electronic Gaming & Multimedia

15.77USD+0.07 (+0.45%)

Price History

Full chart

Market Stats

Previous Close15.70
Open15.68
Day Range15.68 – 15.80
52-Week Range8.10 – 13.28
Volume898.47K
Market Cap644.19M
P/E (TTM)5.16
Forward P/E4.98
EPS2.52
Dividend Yield0.00%
Beta1.03
50-Day Avg12.34
200-Day Avg10.41

About

DoubleDown Interactive Co., Ltd. develops and publishes casual games and mobile applications in South Korea, the United States, the United Kingdom, Germany, and internationally. The company operates through Social Casino Games and iGaming segments. It engages in the development and publishing of digital gaming contents on various mobile and web platforms; hosting of DoubleDown Casino, DoubleDown Classic, and DoubleDown Fort Knox, as well as Duelz, VoodooDreams, NYSpins, and LosvegasBet on web platforms; and WHOW Games under the MyJackpot, Lounge777, and Merkur24 brands on web and mobile platforms. 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. operates as a subsidiary of DoubleU Games Co., Ltd.

Company Details

  • SectorCommunication Services
  • IndustryElectronic Gaming & Multimedia
  • CEOMr. In Keuk Kim
  • Employees260
  • HeadquartersGangnam Finance Center, Seoul, South Korea, 06236, USA
  • Websitehttps://www.doubledowninteractive.com

Leadership

  • Mr. In Keuk KimCEO & Director · b. 1978
  • Mr. Joseph A. SigristCFO & Director · b. 1962
  • Mr. Joseph N. JaffoniInvestor Realtion Adviser
  • Ms. Haenam KimChief Marketing Officer & Director · b. 1979
  • Mr. Ki Chul KimChief Data Officer & Director · b. 1979

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue266.88M273.61M358.34M363.20M321.03M308.86M341.33M360.13M
Growth (%)-+2.52%+30.97%+1.36%-11.61%-3.79%+10.51%+5.51%
Cost of Revenue104.05M99.62M126.25M126.61M109.31M99.17M103.54M101.62M
Gross Profit162.83M173.99M232.09M236.59M211.72M209.69M237.79M258.51M
Gross Margin61.01%63.59%64.77%65.14%65.95%67.89%69.67%71.78%
Operating Expense107.89M105.69M143.30M137.86M525.60M91.09M100.77M123.55M
Operating Income54.94M68.30M88.78M98.73M-313.87M118.60M137.01M134.97M
Operating Margin20.59%24.96%24.78%27.18%-97.77%38.40%40.14%37.48%
EBITDA94.75M101.72M117.58M120.54M-299.54M136.85M170.01M154.17M
EBITDA Margin35.50%37.18%32.81%33.19%-93.31%44.31%49.81%42.81%
Net Income25.05M36.33M53.62M78.11M-233.98M101.04M124.02M102.55M
Net Income Margin9.39%13.28%14.96%21.51%-72.88%32.71%36.33%28.48%
R&D20.06M19.25M18.78M18.49M18.18M21.17M13.89M11.96M
R&D as % of Total Revenue7.52%7.03%5.24%5.09%5.66%6.85%4.07%3.32%
Interest Expense30.39M26.57M10.79M2.01M1.83M1.80M2.05M6.87M
Interest Expense % of Total Revenue11.39%9.71%3.01%0.55%0.57%0.58%0.60%1.91%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets820.32M815.40M806.83M969.92M792.05M803.34M906.16M1.04B
Total Liabilities490.45M434.73M107.32M105.93M165.83M75.45M64.13M90.13M
Total Equity329.86M380.67M699.51M863.99M626.23M727.73M841.91M949.95M
Cash30.96M42.42M63.19M242.06M217.35M206.91M334.85M388.79M
Total Debt446.78M390.27M56.82M49.94M44.13M46.35M38.69M42.90M
Net Debt415.82M347.85M-6.37M-192.12M-173.22M-160.56M-296.16M-345.89M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow74.53M76.66M99.85M96.11M50.79M24.09M148.45M136.84M
Investing Cash Flow-3.18M-200.00K-2.17M-1.81M-67.83M-30.27M-15.61M-81.75M
Financing Cash Flow-46.68M-61.79M-76.27M86.04M-2.91M-3.25M-2.01M-1.35M
Capital Expenditure3.18M200.00K223.00K268.00K273.00K198.00K883.00K190.10K
Free Cash Flow71.34M76.46M99.63M95.84M50.52M23.89M147.56M136.65M
Dividends Paid-----0311.00K85.05K
FCF to OCF95.73%99.74%99.78%99.72%99.46%99.18%99.41%99.86%
Dividend Paid to FCF-----0.00%0.21%0.06%

Earnings

Report DateJun 18, 2020Aug 4, 2020Nov 13, 2020Mar 29, 2021Jun 7, 2021Aug 20, 2021Nov 10, 2021Feb 8, 2022May 10, 2022Aug 9, 2022Nov 8, 2022Feb 7, 2023May 10, 2023Aug 8, 2023Nov 8, 2023Feb 13, 2024May 8, 2024Aug 12, 2024Nov 11, 2024Feb 11, 2025May 13, 2025Aug 12, 2025Nov 10, 2025Feb 11, 2026May 12, 2026Aug 11, 2026Nov 9, 2026
EPS Estimate0.000.000.000.000.000.370.310.380.390.320.320.340.380.410.480.520.480.490.560.590.550.510.590.620.580.610.60
EPS Actual5.177.943.756.988.770.400.500.350.37-0.69-0.480.090.480.490.540.510.610.670.510.720.480.440.660.490.710.66-
Surprise-----8.11%61.29%-7.89%-5.13%-315.63%-250.00%-73.53%26.32%19.51%12.50%-1.92%27.08%36.73%-8.93%22.03%-12.73%-13.73%11.86%-20.97%22.86%8.20%-
Timing----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap644.19M
Enterprise Value129.86M
Trailing P/E5.16
Forward P/E4.98
Price / Sales1.70
Price / Book0.64
EPS2.52
Book Value20.41
Revenue (TTM)380.04M
Gross Profit (TTM)278.82M
EBITDA152.64M
Profit Margin32.91%
Operating Margin38.72%
Return on Equity13.13%
Return on Assets8.73%
Shares Outstanding49.55M
Shares Float16.07M
Beta1.03
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 18.05
  • Strong Buy
    4

Ownership Breakdown

Institutions
22.62%
Insiders
0.53%
Retail / Other
76.85%

Top Institutional Holders

  • BRC Group Holdings Inc
    3.47M7.00%
  • Ameriprise Financial Inc
    1.65M3.33%
  • Heartland Advisors Inc
    750.00K1.51%
  • Whitefort Capital Management, LP.
    546.17K1.10%
  • 683 Capital Management LLC
    514.66K1.04%
  • Acadian Asset Management LLC
    420.35K0.85%
  • Hudson Bay Capital Management LP
    353.98K0.71%
  • Four Tree Island Advisory LLC
    198.10K0.40%
  • Stonehill Capital Management LLC
    190.60K0.38%
  • Boston Partners Global Investors, Inc
    165.05K0.33%
  • Black Maple Capital Management LP
    161.77K0.33%
  • Beartown Capital Management, LLC
    144.64K0.29%
  • Gabelli Securities Inc
    126.00K0.25%
  • Gabelli Funds LLC
    125.61K0.25%
  • Mt Lucas Management LP
    100.00K0.20%
  • Two Sigma Investments LLC
    85.55K0.17%
  • Charles Schwab Investment Management Inc
    83.60K0.17%

Top Fund Holders

  • Heartland Value Investor
    750.00K1.51%
  • Columbia Seligman Global Tech A
    384.16K0.78%
  • CT (Lux) Global Tech DU
    248.19K0.50%