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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 Co., Ltd. (NASDAQ:DDI) Q4 2023 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Richard Land - IR In Keuk Kim - CEO Joe Sigrist - CFO Conference Call Participants Aaron Lee - Macquarie Greg Gibas - Northland Securities Operator Good afternoon, and welcome to DoubleDown Interactive's Earnings Conference Call for the Fourth Quarter and Year ended December 31, 2023. My name is Josh, and I will be your operator this afternoon. Prior to this call, DoubleDown issue ...

Revenue Performance - Revenue in Q4 2023 increased by 9% year-over-year to $83.1 million, with core social casino revenue up 3% to $78.8 million[4][7] - Full-year 2023 revenue decreased 4% to $308.9 million, with Adjusted EBITDA increasing to $118.9 million from $101.6 million in 2022[8][18] - Revenue for Q4 2023 was $83.1 million, up 9.1% from $76.2 million in Q4 2022[31] - Full-year 2023 revenue was $308.9 million, a 3.8% decrease from $321.0 million in 2022[31] Adjusted EBITDA and Margin - Adjusted EBITDA in Q4 2023 rose 46% to $36.2 million, with Adjusted EBITDA margin increasing to 43.5% from 32.4% in Q4 2022[4][7] - Adjusted EBITDA for Q4 2023 was $36.2 million, up from $24.7 million in Q4 2022, with an Adjusted EBITDA margin of 43.5% compared to 32.4% in the same period last year[26] - Full-year 2023 Adjusted EBITDA reached $118.9 million, a 17% increase from $101.6 million in 2022, with the Adjusted EBITDA margin improving to 38.5% from 31.6%[26] Net Income and Operating Income - Net income in Q4 2023 was $25.5 million, compared to a net loss of $(194.4) million in Q4 2022[7][13] - Net income for Q4 2023 was $25.5 million, a significant improvement from a net loss of $194.4 million in Q4 2022[26] - Full-year 2023 net income was $100.4 million, compared to a net loss of $234.0 million in 2022[26] - Operating income for Q4 2023 was $35.6 million, a substantial improvement from an operating loss of $245.2 million in Q4 2022[31] Operating Expenses and Goodwill Impairment - Operating expenses in Q4 2023 decreased 85% to $47.5 million, primarily due to the absence of a $269.9 million goodwill impairment charge from Q4 2022[7][12] ARPDAU and Revenue per Payer - ARPDAU for social casino/free-to-play games increased 26% to $1.24 in Q4 2023 compared to Q4 2022[4][7] - Average monthly revenue per payer for social casino/free-to-play games increased 23% to $279 in Q4 2023 compared to Q4 2022[4][7] Cash and Cash Equivalents - Cash and cash equivalents plus short-term investments net of current borrowing stood at $235 million at the end of 2023[6] - Cash and cash equivalents stood at $206.9 million as of December 31, 2023, down from $217.4 million at the end of 2022[29] Net Cash Flows from Operating Activities - Net cash flows from operating activities in Q4 2023 were $29.7 million, compared to $(20.9) million in Q4 2022[15] Acquisitions and Market Expansion - The company acquired SuprNation in Q4 2023, contributing $4.3 million in revenue over 61 days and marking its entry into the European iGaming market[2][5] Total Assets and Liabilities - Total assets increased to $801.6 million in 2023 from $792.1 million in 2022, while total liabilities decreased significantly to $74.3 million from $165.8 million[29] Retained Earnings - The company's retained earnings increased to $326.8 million in 2023 from $226.4 million in 2022[29]

Exhibit 99.1 DoubleDown Interactive Reports Fourth Quarter and Full Year 2023 Financial Results SEATTLE, WASHINGTON – February 13, 2024 — DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) ("DoubleDown" or the "Company"), a leading developer and publisher of digital games on mobile and web-based platforms, today announced its unaudited financial results for the fourth quarter and year ended December 31, 2023. The Company's consolidated financial results for the three- and twelve-month periods ended December 31, ...

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Richard Land - IR In Keuk Kim - CEO Joe Sigrist - CFO Conference Call Participants Aaron Lee - Macquarie Greg Gibas - Northland Securities Operator Good afternoon, and welcome to DoubleDown Interactive's Earnings Conference Call for Second Quarter (sic) [Third Quarter] ending September 30, 2023. My name is James, and I will be your operator this afternoon. Prior to this call, Doubl ...

Exhibit 99.2 DoubleDown Interactive Co., Ltd. Condensed Consolidated Financial Statements (unaudited) September 30, 2023 and September 30, 2022 Contents | Consolidated Financial Statements as of and for the three and nine months ended September 30, 2023 and 2022 | | --- | 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-5 ...

DoubleDown Interactive Co., Ltd (NASDAQ:DDI) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Richard Land - Investor Relations In Keuk Kim - Chief Executive Officer Joe Sigrist - Chief Financial Officer Conference Call Participants Aaron Lee - Macquarie David Bain - B. Riley Greg Gibas - Northland Securities Bryant Riley - B. Riley Operator Good afternoon and welcome to DoubleDown Interactive’s Earnings Conference Call for the Second Quarter ended June 20, 2023. My name is Se ...

DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Q1 2023 Earnings Conference Call May 10, 2023 5:00 PM ET Company Participants Richard Land - Investor Relations In Keuk Kim - Chief Executive Officer Joe Sigrist - Chief Financial Officer Conference Call Participants David Bain - B. Riley Jeff Henriksen - Thorpe Abbotts Capital Aaron Lee - Macquarie Greg Gibas - Northland Capital Operator Good afternoon and welcome to DoubleDown Interactive's Earnings Conference Call for the First Quarter ended March 31, 2023. M ...

Exhibit 99.2 DoubleDown Interactive Co., Ltd. Condensed Consolidated Financial Statements (unaudited) March 31, 2023 and March 31, 2022 | | | | Three months ended March 31, | | | --- | --- | --- | --- | --- | | | | 2023 | | 2022 | | Revenue | $ | 77,596 | $ | 85,486 | | Operating expenses: | | | | | | Cost of revenue (1) | | 25,719 | | 28,848 | | Sales and marketing(1) | | 16,045 | | 19,791 | | (1) Research and development | | 5,043 | | 4,680 | | (1) General and administrative | | 5,343 | | 5,270 | | Deprec ...