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Added to YB: 2025-04-21

Pitch date: 2025-04-17

DDI [neutral]

DoubleDown Interactive Co., Ltd.

-8.12%

current return

Author Info

Company Info

DoubleDown Interactive Co., Ltd. engages in the development and publishing of casual games and mobile applications in South Korea.

Market Cap

$454.4M

Pitch Price

$9.85

Price Target

N/A

Dividend

N/A

EV/EBITDA

0.11

P/E

4.27

EV/Sales

0.04

Sector

Entertainment

Category

value

Show full summary:
Double Down Interactive

DDI (overview): Social/I-gaming co w/ 117M downloads, 1.4M MAUs (declining), but rising ARPU (2x since 2019) & 6.7% payer conversion. Trades at 4x P/E, 3x FCF w/ $380M net cash (78% of $490M mkt cap). Growth via SuprNation I-gaming acquisition (39% rev growth). Key risks: competition, 96% rev from 1 game, low insider ownership.

Read full article (6 min)