DoubleDown Interactive Co., Ltd.
DDI · Services-Computer Processing & Data Preparation · EDGAR filings ↗
Grade
B74Social-casino mobile-gaming company — highly profitable and cash-rich, but with concentration risk.
Strengths
- Highly profitable, strong coverage — operating margin 38% (98th), net margin 33% (94th), interest coverage 66 (100th)
- Cash-rich — current ratio 4.6 (83rd)
Risks
- Title/genre concentration — per 10-K
- Foreign-issuer governance/parent-control risk — per 10-K
- Soft revenue — -4%
Notable findings
- Customer concentration~96% of revenue from one customer/distributor — In 2025, 95
- Strong balance sheetStrong balance sheet — $389M cash & investments
- Notable holderHeld by 3 notable fund(s): GOLDMAN SACHS GROUP INC, RENAISSANCE TECHNOLOGIES LLC, CITADEL ADVISORS LLC (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
71.8%
Operating margin
35.3%
Net margin
28.5%
Return on equity
10.8%
Return on assets
9.9%
Revenue growth (QoQ)
-0.1%
Net-income growth
-17.5%
Interest coverage
66.8×
Current ratio
7.7×
Free cash flow
$137M
Tangible book value
$524M
Cash & investments
$389M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-31 | 2025-12-31 | 0001628280-26-022395 ↗ |
| 20-F | 2025-04-21 | 2024-12-31 | 0001628280-25-018568 ↗ |
| 20-F | 2024-03-28 | 2023-12-31 | 0001193125-24-080583 ↗ |
| 20-F | 2023-03-31 | 2022-12-31 | 0001193125-23-088028 ↗ |
| 20-F | 2022-04-04 | 2021-12-31 | 0001193125-22-095099 ↗ |
| 20-F | 2021-04-30 | 2020-12-31 | 0001193125-21-145175 ↗ |