DDI
DoubleDown Interactive Co., Ltd. (DDI)
Last Price$9.8(1.8%)
Market Cap$483.4M
$342.7M
+13.5% YoY
$114.5M
N/A
($330.1M)
Net Debt to FCF - (2.5x)
$130.1M
37.9% margin

DDI Income Statement

DDI Income Statement Overview

Annual
Quarterly
LTM
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
$308.9M (3.8%) YoY
$282.9M 33.6% YoY
91.6% margin
Cost of revenue
$25.9M (76.3%) YoY
Operating income
$124.3M 21.1% YoY
40.3% margin
Other: $5,055.7K
Net interest: $11.9M
Operating expenses
$186.9M 64.0% YoY
Pre-tax income
$131.1M 0.0% YoY
42.5% margin
Net income
$100.9M 0.0% YoY
32.7% margin
Income tax
$30.2M
23.0% tax rate
R&D
$11.2M (38.3%) YoY
3.6% of revenue
SG&A
$149.3M 62.4% YoY
48.4% of revenue

DDI Income statement key metrics

Annual
Quarterly
LTM

Revenue

$308.9M -3.8% YoY

Operating Income

$124.3M +21.1% YoY

Net Income

$100.9M N/A

DDI Balance Sheet

DDI Balance Sheet Overview

Annual
Quarterly
LTM
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$803.3M
Current assets ($316.4M, 39.4% of total)
$275.0M (34.2%)
Other current assets
$9,053.8K (1.1%)
Non-current assets ($486.9M, 60.6% of total)
$1,278.9K (0.2%)
$51.6M (6.4%)
Other non-current assets
$426.6M (53.1%)
Financial position
($228.6M)
$275.0M$46.4M
Cash & Short-term Investments
Total Debt

DDI Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$803.3M +6.2% YoY

Liabilities

$75.5M -54.6% YoY

Shareholder's Equity

$727.9M +22.3% YoY

DDI Cash Flow Statement

DDI Cash Flow Statement Overview

Annual
Quarterly
LTM
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$217.4M$28.7M($30.3M)$0.0($1,005.0K)$214.8M

DDI Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$28.7M -59.5% YoY

Capital Expenditure (CAPEX)

($198.0K) -28.0% YoY

Free Cash Flow (FCF)

$28.5M -59.7% YoY

DDI Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
% growth
266.9
0.0%
273.6
2.5%
358.3
31.0%
363.2
1.4%
321.0
(11.6%)
308.9
(3.8%)
Cost of Goods Sold (COGS)104.099.6126.3126.6109.325.9
% margin
162.8
61.0%
174.0
63.6%
232.1
64.8%
236.6
65.1%
211.7
66.0%
282.9
91.6%
Operating Expenses107.9105.7143.3137.9114.0186.9
Research & Development Expenses (R&D)20.119.218.818.518.211.2
Selling, General & Administrative Expenses (SG&A)57.753.092.9101.592.0149.3
54.9
20.6%
68.3
25.0%
88.8
24.8%
98.7
27.2%
102.6
32.0%
124.3
40.3%
Interest Income0.30.50.20.25.013.7
Interest Expense30.426.610.82.01.81.8
Pre-tax Income34.349.975.2100.7(305.2)131.1
% effective tax rate
9.2
26.9%
13.5
27.2%
21.6
28.7%
22.5
22.3%
(71.2)
23.3%
30.2
23.0%
% margin
25.1
9.4%
36.3
13.3%
53.6
15.0%
78.1
21.5%
(234.0)
(72.9%)
100.9
32.7%
EPS0.5116.4024.211.69(4.72)2.04
Diluted EPS0.5116.4024.211.69(4.72)2.04
% margin
94.8
35.5%
101.7
37.2%
117.6
32.8%
120.5
33.2%
(263.6)
(82.1%)
136.7
44.3%