olivLaw · US equity research
DoubleDown Interactive Co., Ltd. DDI
Services-Computer Processing & Data Preparation · SIC 7374 · Vertical: Services-Computer Processing & Data Preparation (SIC 7374)
DoubleDown Interactive develops, publishes and operates digital games for mobile and web, in two business lines: social casino games and online casino services (iGaming). The company reported revenue of 359.9 million USD in 2025, and its 2025 acquisitions of SuprNation and WHOW Games extend its presence in Europe, which makes its profile relevant now.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, DoubleDown Interactive Co., Ltd. (DDI) stock was 13.76 USD (+3.46% on the day), with market capitalisation 34.1 m USD, P/E 0.3 on diluted EPS of 41.37 USD over the last 12 months, dividend yield 0.25%, beta 0.55, 52-week range 8.25–13.88 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 59.0
- strong (55–70)
- Bollinger (20, 2)
- 13.27 – 13.96
- in the upper half of the band · %B 0.71 · band width 5.0%
- SMA 50 / 200
- 13.20 / 11.05
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.09 / 0.13
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +3.9% | −1.1% | +5.0 pp | — |
| 3 months | +15.3% | −0.5% | +15.8 pp | — |
| 6 months | +25.7% | +4.4% | +21.3 pp | — |
| Year to date | +59.4% | +12.3% | +47.1 pp | — |
| 1 year | +57.6% | +13.5% | +44.1 pp | −21.1% |
| 3 years | +68.0% | +76.4% | −8.4 pp | −21.7% |
| 5 years | −15.2% | +63.7% | −78.9 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 75 percentile of its own 4-quarter history (min 0.2, median 0.2, max 0.5; quarters with earnings only).
Fiscal years
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 273.6 m | 358.3 m | 363.2 m | 321.0 m | 308.9 m | 341.3 m | 359.9 m |
| Revenue YoY | unavailable | +31.0% | +1.4% | −11.6% | −3.8% | +10.5% | +5.5% |
| Net income | 36.3 m | 53.6 m | 78.1 m | -234.0 m | 101.1 m | 124.1 m | 102.5 m |
| Net income YoY | unavailable | +47.6% | +45.7% | −399.6% | unavailable | +22.8% | −17.4% |
| Diluted EPS | 21.87 | 26.20 | 33.91 | -94.43 | 40.72 | 50.09 | 41.37 |
| Diluted EPS YoY | unavailable | +19.8% | +29.4% | −378.5% | unavailable | +23.0% | −17.4% |
| net % | 13.3% | 15.0% | 21.5% | -72.9% | 32.7% | 36.4% | 28.5% |
| Free cash flow | 76.5 m | 99.6 m | 95.9 m | 50.5 m | 20.6 m | 147.6 m | 136.6 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 388.9 m USD
- Financial debt
- 0 USD
- Net debt
- -388.9 m USD
- Equity
- 950.4 m USD
- Total assets
- 1.0 bn USD
- Debt / equity
- 0.00x
- Current ratio
- 7.74x
- ROE
- 11.4%
- ROA
- 10.5%
- FCF margin
- 37.9%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 358.3 m | 363.2 m | 321.0 m | 308.9 m | 341.3 m | 359.9 m | SEC (XBRL)· 31 Mar 2026verified |
| Cost of revenue | — | — | — | 99.2 m | 103.5 m | 101.6 m | SEC (XBRL)· 31 Mar 2026verified |
| Gross profit | — | — | — | 209.7 m ≈ | 237.8 m ≈ | 258.4 m ≈ | SEC (XBRL)· 31 Mar 2026derived |
| Research & development | 18.8 m | 18.5 m | 18.2 m | 19.1 m | 13.9 m | 12.0 m | SEC (XBRL)· 31 Mar 2026verified |
| Operating income | 88.8 m | 98.7 m | -313.9 m | 118.2 m | 137.0 m | 127.0 m | SEC (XBRL)· 31 Mar 2026verified |
| Depreciation & amortisation | 31.6 m | 17.9 m | 3.8 m | 728.0 k | 3.3 m | 6.1 m | SEC (XBRL)· 31 Mar 2026verified |
| EBITDA | 120.4 m ≈ | 116.7 m ≈ | -310.1 m ≈ | 118.9 m ≈ | 140.3 m ≈ | 133.1 m ≈ | SEC (XBRL)· 31 Mar 2026derived |
| Interest expense | 10.8 m | 2.0 m | 1.8 m | 1.8 m | 3.3 m | 6.9 m | SEC (XBRL)· 31 Mar 2026verified |
| Pre-tax income | 75.2 m | 100.6 m | -305.2 m | 131.1 m | 162.9 m | 139.8 m | SEC (XBRL)· 31 Mar 2026verified |
| Income tax | 21.6 m | 22.5 m | -71.2 m | 30.2 m | 38.4 m | 37.2 m | SEC (XBRL)· 31 Mar 2026verified |
| Net income | 53.6 m | 78.1 m | -234.0 m | 101.1 m | 124.1 m | 102.5 m | SEC (XBRL)· 31 Mar 2026verified |
| Diluted EPS | 26.20 | 33.91 | -94.43 | 40.72 | 50.09 | 41.37 | SEC (XBRL)· 31 Mar 2026verified |
| Weighted average diluted shares | 2.1 m | 2.3 m | 2.5 m | 2.5 m | — | — | SEC (XBRL)· 28 Mar 2024verified |
| Dividend per share | — | — | — | 0.00 | 0.13 | 0.03 | SEC (XBRL)· 31 Mar 2026derived |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue; Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 63.2 m | 242.1 m | 217.4 m | 206.9 m | 334.9 m | 388.9 m | SEC (XBRL)· 31 Mar 2026verified |
| Receivables | — | — | 21.2 m | 32.5 m | 30.8 m | 32.0 m | SEC (XBRL)· 31 Mar 2026verified |
| Current assets | 90.5 m | 270.8 m | 312.9 m | 315.8 m | 453.2 m | 527.6 m | SEC (XBRL)· 31 Mar 2026verified |
| Property, plant & equipment, net | 377.0 k | 384.0 k | 436.0 k | 444.0 k | 1.0 m | 1.1 m | SEC (XBRL)· 31 Mar 2026verified |
| Goodwill | 634.0 m | 634.0 m | 379.1 m | 396.7 m | 395.8 m | 426.7 m | SEC (XBRL)· 31 Mar 2026verified |
| Intangibles (excl. goodwill) | 71.4 m | 53.7 m | 35.1 m | 51.6 m | 47.7 m | 79.9 m | SEC (XBRL)· 31 Mar 2026verified |
| Total assets | 806.8 m | 969.8 m | 792.1 m | 803.3 m | 906.2 m | 1.0 bn | SEC (XBRL)· 31 Mar 2026verified |
| Accounts payable | 16.6 m | 14.8 m | 13.8 m | 13.3 m | 15.0 m | 24.6 m | SEC (XBRL)· 31 Mar 2026verified |
| Short-term debt | 0 | 0 | — | 38.8 m | — | — | SEC (XBRL)· 28 Mar 2024verified |
| Long-term debt | 46.0 m | 42.2 m | 39.5 m | 0 | 34.0 m | 0 | SEC (XBRL)· 31 Mar 2026verified |
| Current liabilities | 25.6 m | 20.8 m | 116.5 m | 68.5 m | 23.4 m | 68.1 m | SEC (XBRL)· 31 Mar 2026verified |
| Total liabilities | 107.3 m | 105.9 m | 165.8 m | 75.5 m | 64.1 m | 90.2 m | SEC (XBRL)· 31 Mar 2026verified |
| Equity | 699.5 m | 863.9 m | 626.2 m | 727.9 m | 842.0 m | 950.4 m | SEC (XBRL)· 31 Mar 2026verified |
| Shares outstanding at year end | 2.2 m | 2.5 m | 2.5 m | 2.5 m | 2.5 m | 2.5 m | SEC (XBRL)· 31 Mar 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 99.9 m | 96.1 m | 50.8 m | 20.8 m | 148.4 m | 136.8 m | SEC (XBRL)· 31 Mar 2026verified |
| Capex | 217.0 k | 207.0 k | 269.0 k | 198.0 k | 867.0 k | 190.0 k | SEC (XBRL)· 31 Mar 2026verified |
| Free cash flow | 99.6 m ≈ | 95.9 m ≈ | 50.5 m ≈ | 20.6 m ≈ | 147.6 m ≈ | 136.6 m ≈ | SEC (XBRL)· 31 Mar 2026derived |
| Investing cash flow | -2.2 m | -1.8 m | -67.8 m | -30.3 m | -15.6 m | -81.7 m | SEC (XBRL)· 31 Mar 2026verified |
| Financing cash flow | -76.3 m | 86.0 m | 0 | 0 | -2.0 m | -1.4 m | SEC (XBRL)· 31 Mar 2026verified |
| Dividends paid | — | — | — | 0 | 311.0 k | 85.0 k | SEC (XBRL)· 31 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 74 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 34.1 m USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet94
- Valuation100
- Quality90
- Growth23
- Returns37
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 219.38 – 1,278.93 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)897.12 – 1,278.93 (Mid 1,046.24)WACC 9.3% · starting FCFF 141.6 m USD · terminal value share of EV 73%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: no growth between −30% and +40% justifies the price
- Peers: EV/Sales219.38 – 825.50 (Mid 376.45)13 companies used · median multiple 1.5x · quartiles 0.4x – 4.6xADP, CARS, CLVT, DXC, EVTC, GMHS, IBEX, PLTK, SOPH, SSTK, VRSK, WDAY, YEXT
- Peers: EV/EBITDA385.76 – 829.31 (Mid 560.02)7 companies used · median multiple 7.5x · quartiles 4.3x – 12.5xCARS, CLVT, DXC, EVTC, GMHS, IBEX, VRSK
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 74/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | 71.8% | 79 (on a fixed band) | 11% |
| EBIT margin · Quality | 35.3% | 95 (vs peers) | 9% |
| FCF margin · Quality | 37.9% | 100 (on a fixed band) | 9% |
| Revenue CAGR 3Y · Growth | 3.9% | 16 (on a fixed band) | 17% |
| Revenue growth (YoY) · Growth | 5.5% | 39 (vs peers) | 9% |
| Net debt / EBITDA · Balance sheet | -2.9x | 88 (vs peers) | 6% |
| Current ratio · Balance sheet | 7.7x | 100 (on a fixed band) | 6% |
| EV/Sales · Valuation | -1.0x | 100 (vs peers) | 17% |
| FCF yield · Valuation | 400.6% | 100 (on a fixed band) | 13% |
| Shareholder yield (distributions) · Returns | 0.2% | 37 (on a fixed band) | 4% |
Score groups
- Balance sheet94/100 · 2/2 factors with a value
- Growth23/100 · 2/2 factors with a value
- Quality90/100 · 3/3 factors with a value
- Returns37/100 · 1/1 factors with a value
- Valuation100/100 · 2/2 factors with a value
Memo
DoubleDown Interactive Co., Ltd. (DDI). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 359.9 m USD in 2025; YoY growth 5.5%; net margin 28.5%; ROE 11.4%; net debt/EBITDA -2.9x.
The estimated value range is 385.76–829.31 USD per share (median of 3 methods, agreement: low); assumptions are illustrative. Against the central value of 560.02 USD, the price of 13.76 USD leaves a potential of 3,969.9% (value / price − 1) and a margin of safety of 97.5% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 74/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Gross margin: 71.8%
- EBIT margin: 35.3%
- FCF margin: 37.9%
- Net debt / EBITDA: -2.9x
- Current ratio: 7.7x
- EV/Sales: -1.0x
- FCF yield: 400.6%
- The price is below the estimated value range
What contradicts it
- Revenue CAGR 3Y: 3.9%
- The valuation methods diverge
Versus the vertical median
Services-Computer Processing & Data Preparation (SIC 7374) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| ADPAutomatic Data Processing, Inc. | 119.8 bn | 27.7 | 77.0% | 20.1% | +6.7% | +19% / +32% |
| WDAYWorkday, Inc. | 44.4 bn | 40.9 | 16.0% | 12.3% | +13.1% | −6% / −25% |
| VRSKVerisk Analytics, Inc. | 25.9 bn | 30.1 | — | 29.3% | +6.6% | −12% / −18% |
| ATHMAutohome Inc. | 10.4 bn | 53.5 | 6.3% | 443.2% | +11.1% | −5% / −18% |
| DXCDxc Technology Company | 2.3 bn | 21.9 | 3.7% | 0.9% | −1.8% | +13% / −36% |
| EVTCEVERTEC, Inc. | 2.1 bn | 22.9 | 14.4% | 9.0% | +10.2% | +20% / −6% |
| INFQInfleqtion, Inc. | 1.9 bn | — | -70.8% | — | unavailable | unavailable / unavailable |
| INODInnodata Inc | 1.5 bn | 32.8 | 37.7% | 14.7% | +47.6% | −25% / +541% |
| CLVTClarivate PLC | 1.4 bn | — | -8.2% | -15.1% | −4.0% | −44% / −73% |
| LZLegalZoom.com, Inc. | 1.1 bn | 56.0 | 12.1% | 2.6% | +10.9% | −26% / −40% |
| PLTKPlaytika Holding Corp. | 808.6 m | — | — | -9.9% | +8.1% | −48% / −76% |
| YEXTYext, Inc. | 775.0 m | 40.6 | 27.8% | 5.9% | +6.1% | −7% / +18% |
| NRDSNerdWallet, Inc. | 754.4 m | 13.3 | 18.2% | 7.6% | +21.7% | −21% / +1% |
| NXTTNext Technology Holding Inc. | 736.5 m | — | -59.4% | -2,356.0% | +545.3% | −99% / −100% |
| CARSCars.com Inc. | 682.5 m | 22.4 | 7.4% | 4.7% | +0.6% | +10% / −32% |
| IBEXIBEX Limited | 593.6 m | 14.3 | 30.4% | 7.2% | +15.4% | +27% / +152% |
| SOPHSOPHiA GENETICS SA | 477.3 m | — | -110.0% | -102.2% | +18.6% | +42% / +73% |
| GRVYGravity Co., Ltd. | 475.7 m | 0.0 | 16.5% | 17.0% | −31.0% | +19% / −6% |
| SOHUSohu.com Limited | 355.1 m | 1.0 | 35.8% | 67.4% | −2.4% | −12% / +70% |
| MOVECorvex, Inc. | 176.9 m | — | -9.6% | -623.5% | −57.3% | −17% / −93% |
| SSTKShutterstock, Inc. | 161.1 m | — | -43.4% | -22.9% | +5.8% | −79% / −90% |
| TRAKRepositrak, Inc. | 132.7 m | 18.7 | 14.9% | 32.5% | +3.0% | −46% / −29% |
| GMHSGamehaus Holdings Inc. | 51.4 m | 8.5 | 11.8% | 4.1% | −11.3% | −35% / −93% |
| DDIDoubleDown Interactive Co., Ltd. | 34.1 m | 0.3 | 11.4% | 28.5% | +5.5% | +58% / +68% |
| SJScienjoy Holding Corporation | 23.5 m | — | -66.6% | -47.3% | −4.9% | +28% / −68% |
1- and 3-year price returns: for DDI from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 8.08 Total return -41% · Per year -41% | 14.29 Total return 4% · Per year 4% | 21.54 Total return 57% · Per year 57% |
| 3 years | 7.75 Total return -43% · Per year -17% | 15.43 Total return 13% · Per year 4% | 25.54 Total return 87% · Per year 23% |
| 5 years | 7.43 Total return -45% · Per year -11% | 16.65 Total return 22% · Per year 4% | 30.28 Total return 122% · Per year 17% |
- Exit P/E± 3.86
- Net margin± 2.70
- Annual revenue growth± 2.23
- Annual dilution± 0.23
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 31 Mar 2026; since then the company filed 6-K (28 Oct 2026), 6-K (11 Sept 2026), 6-K (11 Aug 2026), 6-K (28 Jul 2026), 6-K (01 Jun 2026), 6-K (12 May 2026).
In brief
DoubleDown Interactive develops, publishes and operates digital games for mobile and web, in two business lines: social casino games and online casino services (iGaming). The company reported revenue of 359.9 million USD in 2025 1, and its 2025 acquisitions of SuprNation and WHOW Games extend its presence in Europe, which makes its profile relevant now 1.
SWOT
Strengths
- The company has a large content catalogue, exclusive access to DUG titles and an all-in-one model that simplifies the player experience 1.
- A data-driven approach allows fast optimisation of campaigns and player offers 1.
- The SuprNation acquisition brings a revenue stream outside social casino, with licences in several European countries 1.
Weaknesses
Opportunities
Risks
- Dependence on one gamehigh
A small share of players generates almost all revenue, and a fall in the main game's popularity could affect results 1.
- Dependence on third-party platformshigh
Access to players and collection of revenue depend on platform terms, which can be changed at short notice 1.
- Multi-jurisdiction regulationmedium
Non-compliance in one country could affect licences and partner relationships in other countries 1.
- Intellectual propertymedium
Reliance on licensed content from IGT and DUG could create risks if those agreements change 1.
- Controlling shareholdermedium
DoubleU Games has voting control over key decisions, which may limit the influence of minority shareholders 1.
Investment thesis
What would need to be true (bull case)
- If paying players stay active and conversion keeps rising, revenue could benefit from a stable monetisation model 1.
- Expansion in Europe through SuprNation and WHOW Games could diversify revenue away from the main game 1.
- Access to a large slot catalogue and player data could support fast launches of new content 1.
What would break the thesis
What to watch
- Trajectory of iGaming revenue and the SuprNation contribution2026
- Payer conversion in social casino and ARPDAUQ1 2027
- Effects of the WHOW Games acquisition on European revenue2027
- Changes to platform rules at Apple, Google and Amazonnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 31 Mar 2026; since then the company filed 6-K (28 Oct 2026), 6-K (11 Sept 2026), 6-K (11 Aug 2026), 6-K (28 Jul 2026), 6-K (01 Jun 2026), 6-K (12 May 2026).
The business
The company, known as DoubleDown Interactive Co., Ltd., is headquartered in Seoul and is listed on Nasdaq under the symbol DDI 1. Its activity is split between social casino games, where revenue comes mainly from selling virtual chips in the game, and iGaming, through SuprNation's licensed European platforms 1. The company was founded in 2008 as The8Games and is controlled by DoubleU Games, its majority shareholder 1.
The business model rests on free games, from which the company earns only when players choose to buy extra chips. Content comes from three sources: internal development, the slot licence from IGT and exclusive content from DUG, giving access to over 2,000 slot titles through partnerships 1. The company relies heavily on third-party platforms such as Apple, Facebook, Google and Amazon for distribution and payments 1.
The growth strategy targets expansion in Asia-Pacific and Western Europe, where the company acquired SuprNation in October 2023 and WHOW Games in July 2025 1. The source describes revenue growth but also the dependence on DoubleDown Casino, which remains the main source of revenue 1.
Segments
Market context
The global social casino market was estimated at 6.8 billion USD in 2025, according to Eilers & Krejcik cited in the source 1. Consumer spending on gaming was estimated at about 189 billion USD in 2025 1. Europe represents over 40% of global online gambling revenue, according to the EGBA cited in the source 1.
The market is shaped by the shift to mobile, the free-to-play model and the role of app stores as distributors and payment processors 1. Scale is becoming more important, and the company argues that its leading position in social casino lets it combine expertise with new game elements 1.
Trends
- Shift to mobiletailwind
Growth of mobile platforms and mobile entertainment gives the company more chances to engage players, although reduced investment in the web platform has affected some indicators 1.
- Free-to-play modeltailwind
The free model with in-game purchases widens the audience and could raise revenue if paying players stay active 1.
- Regulation and social oppositionheadwind
Opposition in some states to interactive gaming and possible specific rules could limit advertising or distribution of the games 1.
- European expansionmixed
Clear regulation in the United Kingdom and Sweden creates a favourable setting for licensed operators, but requires costly compliance in several jurisdictions 1.
Competitive position
The source indicates the industry is highly competitive and that success depends on the company's ability to invest in marketing, research and development 1. The company is compared with other social casino and casual game developers, but the source does not explicitly name US-listed competitors 1.
The company's advantage lies in access to IGT and DUG content and in its all-in-one approach, which brings many slot games into a single app 1. This model can reduce cannibalisation between games but depends on keeping those partner relationships 1.
- DoubleU Games
Majority shareholder and exclusive content supplier, with decisive influence over the company's key decisions 1.
- IGT
Licence provider for over 2,000 slot titles, and an indirect competitor in casino content 1.
- Apple, Facebook, Google and Amazon platforms
Distributors and payment processors that could also become competitors through their own offerings 1.
- Other social casino developers
The source mentions competition in this segment without naming specific companies listed on a US exchange 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- DoubleDown’s (DDI) Earnings Explode While a Takeover Offer Sits UnresolvedYahoo Finance — News · 09 Sept 2026 · EN
The latest news item in our archive is from 09 Sept 2026; the newest SEC filing is from 28 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report (foreign issuer)28 Oct 2026
- Current report (foreign issuer)11 Sept 2026
- Current report (foreign issuer)11 Aug 2026
- Current report (foreign issuer)28 Jul 2026
- Current report (foreign issuer)01 Jun 2026
- Current report (foreign issuer)12 May 2026
- Current report (foreign issuer)29 Apr 2026
- Current report (foreign issuer)28 Apr 2026
- Annual report (foreign issuer)31 Mar 2026
- Current report (foreign issuer)27 Mar 2026
Sources
- [1] Form 20-F, fiscal year ended 2025-12-31 · SEC / DoubleDown Interactive Co., Ltd. · 31 Mar 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.