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DoubleDown Interactive(DDI) - 2024 Q1 - Earnings Call Transcript
2024-05-12 20:38
财务数据和关键指标变化 - 公司2024年第一季度总收入为8810万美元,其中社交赌场免费游戏收入为7980万美元,SuprNation的iGaming业务收入为830万美元 [12] - 社交赌场免费游戏收入同比增长3%,环比增长1% [13][25] - 平均每日活跃用户收入(ARPDAU)增长22%,达到1.26美元 [26] - 付费用户转化率增长到6.4%,平均每月付费用户收入增长27%,达到281美元 [27] - 运营费用同比增加9.4%,主要由于SuprNation业务的并表 [28] - 销售和营销费用同比下降8%,环比增加近50% [29][30] - 净利润同比增长28.3%,达到3040万美元 [31] - 调整后EBITDA同比增长26%,达到3190万美元 [32] - 经营活动现金流同比增长82%,达到3490万美元 [33] - 现金及短期投资余额为3.1亿美元,扣除控股股东贷款后的净现金为2.72亿美元,约合每份ADS5.5美元 [34] 各条业务线数据和关键指标变化 - 社交赌场业务仍是公司的主要收入来源,保持了良好的增长势头 [14][15][16][17] - iGaming业务SuprNation在第一个完整季度表现良好,收入达到830万美元,公司将继续投资以扩大用户规模 [18][19][39][45][46][47] - 公司还尝试进入技能游戏领域,但由于用户获取效果未达预期,决定不再继续投入 [21][22][29] 各个市场数据和关键指标变化 - 暂无相关信息 公司战略和发展方向及行业竞争 - 公司将继续提升社交赌场游戏DoubleDown Casino的娱乐价值,保持用户获取和研发投入的纪律,维持强劲的盈利能力和自由现金流 [17][36][37][38] - 公司正在努力提高玩家直接支付的比例,以进一步提升毛利率 [38] - 公司将继续通过内部研发和并购等方式,拓展到相邻的游戏品类,如iGaming业务 [19][20][40] - 公司将保持谨慎的资本投放策略,如果新业务无法达到预期,也会果断放弃 [21][22] 管理层对经营环境和未来前景的评论 - 公司2024年第一季度业绩表现良好,社交赌场和iGaming业务均取得了不错的开局 [36] - 公司将继续提升社交赌场游戏的娱乐价值,并通过提高玩家直接支付比例来提升毛利率 [37][38] - iGaming业务SuprNation的发展前景良好,公司将继续投资以扩大用户规模 [39][45][46][47] - 公司将继续审慎评估并购机会,以期通过并购拓展到相邻的游戏品类 [40][56][57] 问答环节重要的提问和回答 问题1 **Aaron Lee 提问** 询问SuprNation业务在第一季度的表现以及未来的发展预期 [44] **Joseph Sigrist 回答** - SuprNation第一季度表现良好,公司对此感到满意 [45][46] - 未来将继续关注用户获取和转化,看是否能保持良好的增长势头 [47] 问题2 **Greg Gibas 提问** 询问社交赌场业务的增长动力 [51] **Joseph Sigrist 回答** - 产品创新和差异化是推动社交赌场业务增长的关键,如推出新的元素玩法等 [52][53] - 这些新玩法增加了玩家的游戏乐趣,促进了用户参与度和付费转化 [53] 问题3 **Greg Gibas 提问** 询问未来是否考虑股票回购 [56] **Joseph Sigrist 回答** - 公司和控股股东认为,目前最好的资金用途是用于潜在的并购机会,以帮助公司拓展新的游戏品类 [57] - 公司会继续关注市场上可供收购的公司或业务 [57]
Can DoubleDown Interactive (DDI) Climb 29.38% to Reach the Level Wall Street Analysts Expect?
Zacks Investment Research· 2024-05-10 22:56
DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) closed the last trading session at $11.98, gaining 21.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15.50 indicates a 29.4% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $1.80. While the lowest estimate of $13.50 indicates a 12.7% increase from the current price lev ...
DoubleDown Interactive to Participate at 19th Annual Needham Technology, Media & Consumer Conference on May 16
Newsfilter· 2024-05-10 04:15
SEATTLE, May 09, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive (NASDAQ:DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and web-based platforms, announced today that Chief Financial Officer, Joe Sigrist, will present at the 19th Annual Needham Technology, Media & Consumer Conference at 12:45 p.m. ET on Thursday, May 16, 2024. Mr. Sigrist will also host virtual one-on-one and group meetings with institutional investors that day. A live webcast of the presen ...
DoubleDown Interactive to Report 2024 First Quarter Results on May 8 and Host Conference Call and Webcast
GlobeNewsWire· 2024-04-24 20:30
SEATTLE, April 24, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web-based platforms, announced today that it will release its 2024 first quarter financial results after the market closes on Wednesday, May 8, 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 ...
DoubleDown Interactive to Report 2024 First Quarter Results on May 8 and Host Conference Call and Webcast
Newsfilter· 2024-04-24 20:30
SEATTLE, April 24, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web- based platforms, announced today that it will release its 2024 first quarter financial results after the market closes on Wednesday, May 8, 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, DoubleDo ...
DoubleDown Interactive Announces Results of 2024 Annual General Meeting
Newsfilter· 2024-03-29 22:30
SEATTLE, March 29, 2024 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and web-based platforms, announced today that at its annual general meeting of shareholders held on March 29, 2024 at 11:00 a.m., Korea Standard Time (March 28, 2024 at 10:00 p.m., U.S. Eastern Time) in Seoul, Korea, the following actions were taken by the shareholders of record as of December 29, 2023 on the proposed resoluti ...
DoubleDown Interactive(DDI) - 2023 Q4 - Annual Report
2024-03-29 04:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTI ...
What Makes DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) a Good Fit for 'Trend Investing'
Zacks Investment Research· 2024-03-04 22:51
股票筛选 - "最近价格强势"筛选器可帮助筛选具有足够基本面强度的股票[3] - DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI)是通过筛选器的股票之一[4] 投资趋势 - "趋势是你的朋友"是短期投资或交易成功的关键[1] - 确保趋势的持续性并从中获利并不容易[2]
Here's Why 'Trend' Investors Would Love Betting on DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI)
Zacks Investment Research· 2024-02-15 22:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
DoubleDown Interactive(DDI) - 2023 Q4 - Earnings Call Transcript
2024-02-14 09:00
财务数据和关键指标变化 - 2023年第四季度总收入为8310万美元,其中社交赌场和免费游戏收入为7880万美元,SuprNation业务收入为430万美元 [9] - 2023年第四季度社交赌场和免费游戏收入环比增长近8%,同比增长3% [10] - 2023年全年调整后EBITDA达到1.19亿美元,经营活动产生的现金流超过1.16亿美元(不包括Benson诉讼和解款项) [11] - 2023年第四季度调整后EBITDA为3620万美元,同比增长46.6% [28] - 2023年全年调整后EBITDA率为38.5%,较2022年全年的31.6%有所提升 [28] 各条业务线数据和关键指标变化 - 旗舰社交赌场游戏DoubleDown Casino是公司业绩的主要驱动力 [11] - 2023年第四季度关键指标如每付费用户月均收入和付费转化率同比均有所提升,反映了公司为核心付费玩家提供有吸引力的娱乐价值的能力 [12] - 公司在2023年第一季度推出了新的元游戏功能,旨在提高玩家的留存和参与度,并提升整体变现能力 [13] 各个市场数据和关键指标变化 - 公司2023年收入中约94%来自2010年至2022年的玩家群体,即之前年度积累的长期玩家基础 [13] 公司战略和发展方向及行业竞争 - 公司收购了i-Gaming运营商SuprNation,这是公司向新游戏品类多元化的第一步 [14][15] - SuprNation专注于吸引以娱乐为主的插槽玩家,提供有趣的功能如点对点竞争和淘汰赛 [15] - 公司正在推出首款技能型游戏Cash Me Out Bingo,进军技能型游戏领域 [18] - 公司未来将继续通过内生增长和并购来拓展新的游戏品类 [17][32] - 公司社交赌场业务所在的市场整体趋于平稳,公司将专注于通过差异化产品和服务来获取更多市场份额 [53][54] 管理层对经营环境和未来前景的评论 - 公司在2024年开始拥有良好的发展势头,包括核心社交赌场业务、新收购的SuprNation以及新推出的技能型游戏 [32] - 公司将继续提升DoubleDown Casino的娱乐价值,提高玩家参与度和变现能力 [33] - 公司将通过增加营销投入和发挥自身优势来推动SuprNation业务的增长 [34][37][56] 问答环节重要的提问和回答 问题1 **Aaron Lee 提问** 询问SuprNation业务在2024年的增长潜力和关键里程碑 [36] **Joe Sigrist 回答** 公司将主要通过增加营销投入来推动SuprNation在瑞典和英国两个主要市场的扩张,未来会考虑进入新市场 [37][38] 问题2 **Aaron Lee 提问** 询问第四季度付费用户月均收入大幅提升的原因 [39] **Joe Sigrist 和 In Keuk Kim 回答** 公司持续投入DoubleDown Casino产品,推出了一些新的变现和留存功能,如[indiscernible]Power等,有助于提高玩家参与度和付费意愿 [40][41] 问题3 **Greg Gibas 提问** 询问2023年第四季度社交赌场业务收入环比增长8%、同比增长3%的原因,以及成本下降的原因 [46] **Joe Sigrist 回答** 收入增长主要得益于新推出的产品功能,能够提高玩家参与度和重复付费。成本下降主要是因为公司减少了用户获取方面的营销投入 [49][50][51]