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DoubleDown Interactive (DDI)

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Recent press releases and 8-K filings for DDI.

DoubleDown Interactive Announces Strong Q3 2025 Results and Strategic Updates
DDI
Earnings
M&A
Accounting Changes
  • DoubleDown Interactive reported Q3 2025 consolidated revenue of $95.8 million and adjusted EBITDA of $37.5 million, with net cash flows from operating activities at $33.4 million.
  • The iGaming business, Super Nation, achieved its highest quarterly performance with $16.2 million in Q3 revenue, more than doubling its run rate since its late 2023 acquisition, while the social casino segment grew nearly 6% from Q3 2024.
  • The company's direct-to-consumer (DTC) revenue for DoubleDown Casino now exceeds 15%, with a target to surpass 20% by the end of Q4 2025.
  • DoubleDown completed the acquisition of Wow Games in July 2025 for approximately $65 million, and has transitioned its financial reporting to IFRS starting from Q4 2024.
Nov 10, 2025, 10:00 PM
DoubleDown Interactive Reports Strong Q3 2025 Results with Revenue Growth and Strategic Acquisitions
DDI
Earnings
M&A
New Projects/Investments
  • DoubleDown Interactive reported Q3 2025 consolidated revenue of $95.8 million and adjusted EBITDA of $37.5 million, with cash flow from operations at $33.4 million.
  • Social casino revenue reached $79.6 million, supported by an ARPDAU of $1.39 and a payer conversion rate of 7.8%. iGaming revenue from SuprNation was $16.2 million, marking its highest quarterly performance since its late 2023 acquisition, and the company plans to launch a new iGaming brand early next year.
  • The July acquisition of WHOW Games contributed to social casino revenue, particularly in Europe. DoubleDown is also focused on increasing direct-to-consumer (DTC) social casino revenue, which is currently over 15% and targeted to exceed 20% by the end of Q4 2025.
  • As of September 30, 2025, the company held $439.2 million in cash, cash equivalents, and short-term investments. Beginning with Q4 2024, financial results are reported in accordance with IFRS.
Nov 10, 2025, 10:00 PM
DoubleDown Interactive Reports Strong Q3 2025 Results and Strategic Growth Initiatives
DDI
Earnings
M&A
New Projects/Investments
  • DoubleDown Interactive reported Q3 2025 consolidated revenue of $95.8 million and adjusted EBITDA of $37.5 million.
  • Social casino revenue reached $79.6 million, while the iGaming business, Super Nation, achieved its highest quarterly performance since acquisition with $16.2 million in revenue.
  • The company's monetization metrics showed improvement, with ARPDAU at $1.39 and the payer conversion rate increasing to 7.8% in Q3 2025.
  • Strategic initiatives include the July acquisition of Wow Games to boost international social casino presence and a goal to achieve over 20% of social casino revenue from direct-to-consumer (DTC) purchases by the end of Q4 2025.
  • DDI plans to launch a new iGaming casino brand early next year and reported a strong cash position of $439.2 million as of September 30, 2025.
Nov 10, 2025, 10:00 PM
DoubleDown Interactive Reports Strong Q3 2025 Revenue and Earnings Growth
DDI
Earnings
Revenue Acceleration/Inflection
M&A
  • DoubleDown Interactive's revenue rose 15.5% to $95.8 million in the third quarter ended September 30, 2025, compared to $83.0 million in the third quarter of 2024. This increase was driven by a 108% year-over-year increase in revenue from SuprNation (the company's iGaming subsidiary) to $16.2 million, and initial contributions from the WHOW Games acquisition.
  • Profit for the interim period (excluding non-controlling interest) increased 30.8% to $32.7 million, or $13.21 per fully diluted common share ($0.66 per American Depositary Share), in the third quarter of 2025.
  • Net cash flows from operating activities increased to $33.4 million in the third quarter of 2025 from $32.1 million in the third quarter of 2024. The company ended the third quarter with an aggregate net cash position of approximately $404 million.
  • Beginning with the fourth quarter of 2024, DoubleDown Interactive started reporting financial results in accordance with International Financial Reporting Standards (IFRS), which had previously been reported under U.S. Generally Accepted Accounting Principles (US GAAP).
Nov 10, 2025, 9:15 PM
DoubleDown Interactive Reports Strong Q3 2025 Results with Revenue and Earnings Growth
DDI
Earnings
Revenue Acceleration/Inflection
M&A
  • DoubleDown Interactive reported Q3 2025 revenue of $95.8 million, marking a 15.5% increase from Q3 2024.
  • Profit for the interim period (excluding non-controlling interest) grew 30.8% to $32.7 million, leading to earnings per fully diluted common share of $13.21 in Q3 2025.
  • The company's SuprNation iGaming subsidiary saw revenue increase 108% year-over-year to $16.2 million in Q3 2025.
  • DoubleDown Interactive completed the acquisition of WHOW Games GmbH on July 14, 2025, for approximately $64.3 million, and ended the quarter with an aggregate net cash position of approximately $404 million.
Nov 10, 2025, 9:01 PM
DoubleDown Interactive Acquires Whow Games
DDI
M&A
New Projects/Investments
  • On July 9, 2025, DoubleDown Interactive, part of South Korea-based DoubleUGames, announced the acquisition of Whow Games, the lion's share of Azerion's Premium Games segment.
  • The total consideration for the sale is €65 million, comprising an upfront payment of €55 million and an earn-out of up to €10 million, subject to customary adjustments.
  • This transaction marks a significant step in Azerion's strategy to reinforce digital advertising as its core business and expand into cloud infrastructure and AI-driven solutions.
Jul 9, 2025, 9:32 PM
DoubleDown Interactive Secondary ADS Offering Priced at $8.50 Amid Share Price Drop and Strong Financials
DDI
  • DoubleDown Interactive announced an underwritten secondary offering of 4,347,827 ADSs at $8.50 per ADS (representing 217,391.35 common shares) sold by STIC Special Situation Diamond Limited at a 20% discount to the prior close .
  • Following the announcement, DoubleDown shares fell 13.6%–16% .
  • The fully secondary transaction will not issue new shares or provide proceeds to DoubleDown, with the offering set to close on or about June 13, 2025 subject to customary closing conditions .
  • The offering is managed by Roth Capital Partners (Lead Bookrunning Manager) and Texas Capital Securities (Co-Bookrunning Manager), with underwriters granted a 30-day option to purchase up to 652,173 additional ADSs .
  • DoubleDown retains a strong financial profile with a P/E ratio of 4.42, free cash flow yield of 29%, a market capitalization of $529 million, and more cash than debt .
Jun 12, 2025, 12:00 AM
DoubleDown Interactive Q1 2025 Financial Results Announced
DDI
Earnings
Revenue Acceleration/Inflection
  • Revenue decreased to $83.5 million in Q1 2025 compared to $88.1 million in Q1 2024, with operating expenses also declining, but resulting in lower profit margins ( , ).
  • Profit for the period fell to $23.8 million (excluding non-controlling interests) versus $30.3 million the prior year, reflecting the impact of lower social casino revenues despite a strong performance in some segments ( , ).
  • The iGaming segment achieved robust growth with revenue increasing by 59% year-over-year to $13.2 million, indicating increased investments in new player acquisition ( , ).
  • The Company reported strong operational cash flow, generating $41.1 million from operating activities, underscoring its balance sheet strength with an aggregate net cash position of approximately $421 million ( ).
May 13, 2025, 12:00 AM
DoubleDown Interactive Announces Q1 2025 Results
DDI
Earnings
  • DoubleDown Interactive will release its unaudited Q1 2025 financial results on May 13, 2025, after the market closes.
  • The company will host a conference call and simultaneous webcast at 5:00 p.m. ET to discuss the financial results and provide a business update.
Apr 29, 2025, 12:00 AM