sturti Thesis DoubleDown Interactive (NASDAQ:DDI), a top player in digital games, reported exceptional numbers in Q2 2024. They reported GAAP EPS of $13.39 and revenue of $88.24 million, beating expectations by $4.8 million. And despite a tough market, DoubleDown outperformed, with growth in their social casino games. My analysis shows the company's strong financials and smart moves, like buying SuprNation, set them up to seize market opportunities and close the gap between their current low value and what ...

财务数据和关键指标变化 - 2024年第二季度总收入为8820万美元,其中社交赌场免费游戏收入为8030万美元,SuprNation的网上博彩业务收入为790万美元 [11][19] - 社交赌场免费游戏收入同比增长7%,而行业整体呈现下滑 [12][20] - 调整后EBITDA同比增长34%至3700万美元,EBITDA利润率为41.9% [25] - 经营活动产生的现金流为3440万美元,较上年同期大幅改善 [26] - 截至2024年6月30日,公司现金及短期投资余额为3.39亿美元,净现金头寸约为3.03亿美元 [27] 各条业务线数据和关键指标变化 - 社交赌场业务ARPDAU(每日活跃用户平均收入)同比增长27%至1.33美元 [21] - 付费转化率从6.0%提升至6.7% [21] - 每月付费用户平均收入增长23%至288美元 [21] 各个市场数据和关键指标变化 - SuprNation业务在英国和瑞典两个主要市场表现良好,公司将继续加大营销投入以获取新用户 [45][46] 公司战略和发展方向及行业竞争 - 公司将继续提升DoubleDown Casino的娱乐价值,保持营销和研发投入的资本效率 [30][31] - 公司将进一步优化SuprNation的新用户获取策略,以实现业务的持续增长和现金流贡献 [32] - 公司将利用自身的游戏开发和营销能力,探索在其他游戏品类的机会,包括内部开发和并购 [17][33] - 公司对IGT内容的独家许可不受竞争对手与IGT合作的影响 [56][57][58] 管理层对经营环境和未来前景的评论 - 公司有信心继续在社交赌场市场保持领先地位,并对SuprNation业务的发展前景充满信心 [29][32] - 公司将保持资本效率和现金流的纪律,同时积极探索新的增长机会 [30][31][33] 其他重要信息 - 公司决定将之前计划在2024年5月偿还的3500万美元股东贷款延期两年 [28] 问答环节重要的提问和回答 问题1 **David Bain 提问** 询问EBITDA利润率的可持续性以及直接面向消费者销售的影响 [35][36][37][38] **Joseph Sigrist 回答** - EBITDA利润率保持在40%以上水平,得益于营销投入效率的持续改善 - 直接面向消费者销售的业务正在逐步推进,但目前规模较小,未来将产生更大影响 [36][37][38] 问题2 **Greg Gibas 提问** 询问SuprNation业务超预期表现的原因,以及社交赌场业务增长的驱动因素 [44][47] **Joseph Sigrist 和 In Keuk Kim 回答** - SuprNation业务增长得益于公司加大营销投入,未来将继续优化用户获取策略 [45][46] - 社交赌场业务增长得益于新增的娱乐性功能,提升了用户粘性和付费转化率 [48][49] 问题3 **Aaron Lee 提问** 询问公司未来并购方向,以及IGT内容授权竞争对手的影响 [52][55] **Joseph Sigrist 回答** - 公司将继续关注社交赌场、网上博彩以及其他移动游戏品类的并购机会 [53][54] - IGT内容授权竞争对手不会对公司业务产生影响,公司拥有大部分IGT内容的独家永久授权 [56][57][58]

Exhibit 99.2 Consolidated Financial Statements as of and for the three and six months ended June 30, 2024 and 2023 Condensed Consolidated Statements of Income and Comprehensive Income F-2 Condensed Consolidated Balance Sheets F-3 Condensed Consolidated Statements of Changes in Shareholders' Equity F-4 Condensed Consolidated Statements of Cash Flows F-6 Notes to Condensed Consolidated Financial Statements F-7 DoubleDown Interactive Co., Ltd. Condensed Consolidated Financial Statements (unaudited) June 30, 20 ...

SEATTLE, July 23, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today that it will release its 2024 second quarter financial results after the market closes on Monday, August 12, 2024, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public. On the call, DoubleDow ...

To access the call, please use the following link: DoubleDown Second Quarter 2024 Earnings Call. After registering, an email will be sent, including dial-in details and a unique conference call access code required to join the live call. To ensure you are connected prior to the beginning of the call, please register a minimum of 15 minutes before the start of the call. About DoubleDown Interactive Company Contact: Joe Sigrist ir@doubledown.com +1 (206) 773-2266 Chief Financial Officer https://www.doubledown ...

Company Contact: Joe Sigrist ir@doubledown.com +1 (206) 773-2266 Chief Financial Officer https://www.doubledowninteractive.com SEATTLE, July 22, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today a $10,000 donation to the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) in support of its mission to prevent cruelty to dogs, cats, equ ...

SEATTLE, July 22, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and webbased platforms, announced today a $10,000 donation to the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) in support of its mission to prevent cruelty to dogs, cats, equines, and farm animals throughout the United States. "DoubleDown Interactive has been proud to support the ASPCA for years, and ...

The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> DoubleDown Interactive belongs to the Zacks Gaming industry. Another stock from the same industry, MGM Resorts (MGM) , closed the last trading session 0.7% higher at $42. Over the past month, MGM has returned 7.1%. For MGM, the consensus EPS estimate for the upcoming report has changed +0.2% over the past month to $0.68. This represents a change of +15.3% from what the comp ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. DoubleDown Interactive Co., Ltd. Sponsored ADR is one of 283 individual stocks in the Consume ...

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why? However, an impressive consensus price target is not the only factor that indicates a potential upside in DDI. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings est ...