Double Down Interactive Co., Ltd. - Understand $ddi stock

$DDI Market Cap: $661.5 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$342.5M

TTM

Gross Margin

69.72%

TTM

Net Earnings

$114.0M

TTM

Current Assets

$415.9M

Q3 2024

Current Liabilities

$19.57M

Q3 2024

Current Ratio

2125.3%

Q3 2024

Total Assets

$879.8M

Q3 2024

Total Liabilities

$64.32M

Q3 2024

Book Value

$815.5M

Q3 2024

Cash

$292.7M

Q3 2024

P/E

5.804

Nov 29, 2024 EST

Free Cash Flow

$130.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$308.9M	$321.0M	$363.2M	$358.3M	$273.6M	$266.9M
YoY Change	-3.79%	-11.61%	1.36%	30.97%	2.52%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$308.9M	$321.0M	$363.2M	$358.3M	$273.6M	$266.9M
Cost Of Revenue	$99.07M	$109.3M	$126.6M	$126.3M	$99.62M	$104.0M
Gross Profit	$209.8M	$211.7M	$236.6M	$232.1M	$174.0M	$162.8M
Gross Profit Margin	67.92%	65.95%	65.14%	64.77%	63.59%	61.01%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$71.75M	$91.97M	$101.2M	$92.79M	$53.03M	$57.73M
YoY Change	-21.99%	-9.16%	9.11%	74.99%	-8.15%
% of Gross Profit	34.2%	43.44%	42.79%	39.98%	30.48%	35.45%
Research & Development	$19.13M	$18.18M	$18.49M	$18.78M	$19.25M	$20.06M
YoY Change	5.22%	-1.67%	-1.57%	-2.4%	-4.05%
% of Gross Profit	9.12%	8.59%	7.82%	8.09%	11.06%	12.32%
Depreciation & Amortization	$728.0K	$3.801M	$17.92M	$31.57M	$33.42M	$30.10M
YoY Change	-80.85%	-78.79%	-43.25%	-5.53%	11.04%
% of Gross Profit	0.35%	1.8%	7.57%	13.6%	19.21%	18.49%
Operating Expenses	$91.60M	$114.0M	$137.9M	$143.3M	$105.7M	$107.9M
YoY Change	-19.61%	-17.34%	-3.8%	35.59%	-2.04%
Operating Profit	$118.2M	$97.77M	$98.73M	$88.78M	$68.30M	$54.94M
YoY Change	20.89%	-0.98%	11.21%	29.99%	24.3%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$12.99M	$8.825M	$1.227M	-$8.486M	-$18.71M	-$20.50M
YoY Change	47.16%	619.23%	-114.46%	-54.64%	-8.75%
% of Operating Profit	10.99%	9.03%	1.24%	-9.56%	-27.39%	-37.32%
Other Income/Expense, Net	-$33.00K	-$120.0K	$654.0K	-$5.080M	$277.0K	-$183.0K
YoY Change	-72.5%	-118.35%	-112.87%	-1933.94%	-251.37%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	$131.1M	-$305.2M	$100.6M	$75.22M	$49.87M	$34.26M
YoY Change	-142.97%	-403.31%	33.76%	50.84%	45.56%
Income Tax	$30.69M	-$71.19M	$22.51M	$21.59M	$13.54M	$9.206M
% Of Pretax Income	23.4%		22.37%	28.71%	27.16%	26.87%
Net Earnings	$100.4M	-$234.0M	$78.11M	$53.62M	$36.33M	$25.05M
YoY Change	-142.92%	-399.56%	45.66%	47.62%	45.0%
Net Earnings / Revenue	32.51%	-72.88%	21.51%	14.96%	13.28%	9.39%
Basic Earnings Per Share	$40.72	-$94.43	$33.91	$29.67
Diluted Earnings Per Share	$40.53	-$94.43	$33.91M	$24.95M	$14.59M	$10.06M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$274.7M	$285.2M	$242.1M	$63.19M	$42.42M	$30.96M
YoY Change	-3.71%	17.84%	283.08%	48.97%	36.99%
Cash & Equivalents	$206.9M	$217.4M	$242.1M	$63.19M	$42.42M	$30.96M
Short-Term Investments	$67.76M	$67.89M
Other Short-Term Assets	$8.570M	$6.441M	$6.817M	$4.020M	$3.635M	$2.817M
YoY Change	33.05%	-5.52%	69.58%	10.59%	29.04%
Inventory
Prepaid Expenses
Receivables	$32.52M	$21.20M	$21.88M	$23.30M	$19.81M	$16.09M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$315.8M	$312.9M	$270.8M	$90.51M	$65.86M	$49.87M
YoY Change	0.92%	15.56%	199.15%	37.41%	32.06%
Property, Plant & Equipment	$7.229M	$4.294M	$7.214M	$10.36M	$12.76M	$499.0K
YoY Change	68.35%	-40.48%	-30.39%	-18.8%	2457.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$30.42M	$60.75M	$4.198M	$631.0K	$113.0K	$176.0K
YoY Change	-49.93%	1347.19%	565.29%	458.41%	-35.8%
Total Long-Term Assets	$485.8M	$479.2M	$699.1M	$716.3M	$749.5M	$770.4M
YoY Change	1.39%	-31.45%	-2.41%	-4.43%	-2.71%
Total Assets	$801.6M	$792.1M	$969.8M	$806.8M	$815.4M	$820.3M
YoY Change
Accounts Payable	$13.29M	$13.83M	$14.75M	$16.65M	$10.92M	$14.30M
YoY Change	-3.88%	-6.25%	-11.38%	52.51%	-23.65%
Accrued Expenses	$3.157M	$3.050M	$3.076M	$3.033M	$2.795M	$0.00
YoY Change	3.51%	-0.85%	1.42%	8.52%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$34.55M	$123.4M
YoY Change				-100.0%	-72.01%
Long-Term Debt Due	$38.78M
YoY Change
Total Short-Term Liabilities	$59.00M	$116.5M	$20.80M	$25.65M	$50.49M	$142.6M
YoY Change	-49.34%	459.9%	-18.89%	-49.2%	-64.59%
Long-Term Debt	$0.00	$39.45M	$42.18M	$45.96M	$342.5M	$323.4M
YoY Change	-100.0%	-6.45%	-8.23%	-86.58%	5.92%
Other Long-Term Liabilities	$15.26M	$9.890M	$14.64M	$15.56M	$17.73M	$2.742M
YoY Change	54.27%	-32.45%	-5.91%	-12.22%	546.54%
Total Long-Term Liabilities	$15.26M	$49.34M	$56.82M	$61.52M	$360.2M	$326.1M
YoY Change	-69.08%	-13.15%	-7.64%	-82.92%	10.47%
Total Liabilities	$74.30M	$165.8M	$105.9M	$107.3M	$434.7M	$490.5M
YoY Change	-55.19%	56.54%	-1.3%	-75.31%	-11.36%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	2.478M	2.478M	2.303M	1.807M
Diluted Shares Outstanding	2.478M	2.478M	2.303M	2.149M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $661.54 Million

About DoubleDown Interactive Co., Ltd.

DoubleDown Interactive Co., Ltd. operates as an interactive entertainment studio. The company is headquartered in Seoul, Seoul and currently employs 240 full-time employees. The company went IPO on 2021-08-31. The firm mainly develops and supplies online and mobile games. The Company’s main products include DoubleDown Casino, DoubleDown Fort Knox, DoubleDown Classic, and Ellen’s Road to Riches. The firm operates its business in domestic and foreign markets such as the United States.

Industry: Services-Computer Processing & Data Preparation Peers: GRAVITY Co., Ltd.