Korea's DoubleDown Q4 revenue misses estimates

DoubleDown Interactive

11/02/2026 21:27

Overview

Korean digital games developer's Q4 revenue rose yr/yr but missed analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Inclusion of WHOW Games boosted social casino revenue and payer conversion

Outlook

Company continues to focus on expanding revenue across products and geographies

DoubleDown aims to diversify revenue sources and geographic presence

Company plans to grow organically and through M&A to enhance shareholder value

Result Drivers

WHOW GAMES ACQUISITION - Inclusion of WHOW Games boosted social casino revenue and payer conversion

DTC REVENUE GROWTH - Direct-to-Consumer revenue rose significantly, representing 33% of total social casino game revenue

SUPRNATION GROWTH - SuprNation's revenue increased 78.2% due to focus on new player acquisition

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$95.80 mln
$99.32 mln (6 Analysts)
Q4 Adjusted EBITDA
Beat
$40.60 mln
$38.27 mln (6 Analysts)
Q4 Adjusted EBITDA Margin
42.40%
Q4 Pretax Profit
$35.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the casinos & gaming peer group is "buy"

Wall Street's median 12-month price target for DoubleDown Interactive Co Ltd is $19.50, about 125.4% above its February 10 closing price of $8.65

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release: ID:nGNX59dZ4T

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)