DoubleDown Interactive Co. (DDI) Investor Presentation summary

Business overview and strategy

• Operates as a leading provider of free-to-play social casino and iGaming digital games with a strong competitive moat and robust monetization platform.

• Maintains a sticky customer base, with 95% of 2024 revenue from 2010–2023 player cohorts.

• Expanded into iGaming through the acquisition of SuprNation, increasing exposure to regulated European markets.

• Focuses on player engagement and monetization via exclusive partnerships and a data-driven technology platform.

• Pursues inorganic growth with a strong balance sheet and targeted acquisitions in mobile and gaming sectors.

Financial performance

• Reported FY 2024 revenue of $341M and Adjusted EBITDA of $142M, with a 41.6% margin.

• Q1 2025 revenue reached $83.5M, with Adjusted EBITDA of $30.8M and a 36.9% margin.

• Cash flow from operations was $148.5M in 2024, supporting ongoing investments and acquisitions.

• Holds approximately $422M in net cash and short-term investments as of March 31, 2025.

• Demonstrates consistent profitability and strong cash flow generation.

Key operating metrics

• Achieved 0.6M daily active users and 1.2M monthly active users in Q1 2025.

• Average revenue per daily user (ARPDAU) was $1.29, with a 6.9% payer conversion rate.

• Average monthly revenue per payer reached $276 in Q1 2025.

• Maintains high player retention and monetization through tailored engagement and frequent content updates.

• Revenue stability is driven by loyal social casino players and payers.