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Doubledown Interactive Co (DDI)
NASDAQ:DDI
RESEARCH TOOLSreports
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
10.83Last Year’s EPS
12.23Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -7.78%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with growth in revenue, profitability, and cash flow, particularly driven by the acquisition and integration of SuperNation. However, challenges in maintaining growth in a declining social casino market and a slight drop in Q4 revenue were noted. Despite these challenges, the company's strategic initiatives and strong monetization metrics provide a positive outlook.Company Guidance
During DoubleDown Interactive's earnings call for the fourth quarter and full year ended December 31, 2024, the company provided guidance indicating a slight year-over-year decrease in consolidated revenue to $82 million, with adjusted EBITDA at $35.1 million. The revenue was broken down into $73 million from social casino/free-to-play games and $9 million from SuperNation, their iGaming business. Despite a dip in daily and monthly active users, the company saw strong increases in monetization KPIs, such as ARPDAU, average monthly revenue per payer, and payer conversion rate. For the full year 2024, DoubleDown reported $341.3 million in total revenue, marking a 10% increase from the previous year, largely driven by the acquisition of SuperNation. Adjusted EBITDA reached $141.9 million, a 16% year-over-year rise, with a margin of 41.6%. The company generated over $148 million in cash flow from operations during the year. Looking ahead, DoubleDown plans to continue enhancing player engagement and monetization while exploring opportunities for growth through in-house development and potential M&A activities in adjacent gaming categories.Revenue Growth and Profitability
Full year 2024 revenue was $341.3 million, a 10% increase from $308.9 million in 2023. Adjusted EBITDA for 2024 was $141.9 million, a 16% increase from 2023.
Strong Cash Flow
The company generated over $148 million in cash flow from operations in 2024, compared to $24.1 million in 2023.
SuperNation Performance
SuperNation's Q4 2024 revenue was $9 million, more than 30% higher than the estimated quarterly run rate prior to acquisition in 2023.
Monetization Improvements
Key monetization metrics improved, including ARPDAU which increased to $1.30 in Q4 2024 from $1.24 in Q4 2023, and payer conversion ratio which rose to 6.9% from 6.4%.
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DDI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DDI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $10.80 | $10.01 | -7.31% |
| Nov 11, 2024 | $17.00 | $16.20 | -4.71% |
| Aug 12, 2024 | $12.06 | $11.94 | -1.00% |
| May 08, 2024 | $10.96 | $11.98 | +9.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Doubledown Interactive Co (DDI) report earnings?
Doubledown Interactive Co (DDI) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Doubledown Interactive Co (DDI) earnings time?
Doubledown Interactive Co (DDI) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DDI EPS forecast?
DDI EPS forecast for the fiscal quarter 2025 (Q1) is 10.83.
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