DoubleDown Interactive Completes Acquisition of German Social Casino Operator WHOW Games
Acquisition Announcement: DoubleDown Interactive has completed the acquisition of WHOW Games GmbH, a social casino developer based in Germany, for €55 million (approximately $64.3 million), with potential additional payments based on performance targets.
Company Overview: DoubleDown Interactive is known for its digital gaming experiences, particularly through its flagship title, DoubleDown Casino, while WHOW Games specializes in social casino games in the European market, including its popular brand MyJackpot.
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DoubleDown Prices 2.33M ADS Secondary Offering at $8 Each
- Offering Size: DoubleDown Interactive announced a secondary offering of 2,330,468 American Depositary Shares (ADSs) priced at $8 each, entirely sold by STIC Special Situation Diamond Limited, with the offering expected to close around December 18, 2025, although the company will not receive any proceeds from this sale.
- Market Impact: This offering will not alter the number of outstanding common shares, indicating a cautious capital management strategy by the company in the current market environment, aimed at preserving shareholder value.
- Underwriter Role: Roth Capital Partners is acting as the Lead Bookrunning Manager, while Texas Capital Securities serves as Co-Bookrunning Manager, demonstrating professional support for the offering that may enhance investor confidence in the company's future prospects.
- Compliance Statement: The offering is conducted under a shelf registration statement on Form F-3 filed on September 19, 2025, ensuring compliance with securities laws, reflecting the company's commitment to regulatory adherence and aiming to reduce legal risks while enhancing transparency.
DoubleDown Interactive Pledges $10,000 to Support Meals on Wheels America®
Donation to Meals on Wheels: DoubleDown Interactive announced a $10,000 donation to Meals on Wheels America to help combat senior hunger and isolation in the U.S.
Play-to-Enter Giveaway: The company will host a play-to-enter giveaway event called "Reels & Wheels" on November 20, 2025, encouraging players to support the charitable cause.
CEO's Commitment: In Keuk Kim, CEO of DoubleDown, emphasized the company's dedication to community support and the importance of providing nourishment and companionship to seniors.
Meals on Wheels Impact: Meals on Wheels America delivers over 251 million meals annually to more than 2 million seniors, highlighting the critical need for their services as many programs face waitlists.
DoubleDown Interactive Reports 15.5% Revenue Growth and 30.8% Increase in Earnings per Fully Diluted Share for Q3 2025
Financial Performance: DoubleDown Interactive reported a 15.5% increase in revenue for Q3 2025, reaching $95.8 million, with significant growth in its iGaming subsidiary, SuprNation, which saw a 108% year-over-year revenue increase to $16.2 million.
Operating Expenses and Profit: Operating expenses rose to $60.9 million, primarily due to the acquisition of WHOW Games and growth in SuprNation, but profit for the period increased by 30.8% to $32.7 million, reflecting higher revenue and lower unrealized currency losses.
Key Metrics: The company's adjusted EBITDA was $37.5 million with a margin of 39.1%, while average revenue per daily active user (ARPDAU) for social casino games increased to $1.39, although average monthly revenue per payer decreased to $272.
Strategic Outlook: CEO In Keuk Kim highlighted the company's strong cash flow generation and exceptional balance sheet, with a net cash position of approximately $404 million, providing flexibility for future growth and potential acquisitions.
DoubleDown Interactive Files for Resale of 4.2M ADSs by Selling Shareholder
Prospectus Filing: DoubleDown Interactive filed a prospectus for the resale of up to 4.21 million American Depositary Shares (ADS) by STIC Special Situation Diamond Limited, representing 210,632.75 common shares.
No Proceeds for DoubleDown: DoubleDown Interactive is not selling any shares in this offering and will not receive any proceeds from the sale.
DoubleDown Interactive Co Ltd (DDI) Q2 2025 Earnings Call Highlights: Navigating Revenue ...
Financial Performance: DoubleDown Interactive reported Q2 2025 consolidated revenue of $84.8 million, with a notable decline in Social Casino revenue and adjusted EBITDA of $33.5 million, reflecting challenges in year-over-year comparisons.
Strategic Developments: The acquisition of WHOW Games enhances DDI's presence in Europe and diversifies revenue sources, while the company maintains a strong cash position of approximately $444 million to support future growth initiatives.
DoubleDown Interactive Q2 Revenue Jumps
Financial Performance: DoubleDown Interactive reported revenue of $84.8 million for Q2 2025, with significant contributions from social casino and iGaming sectors, alongside a successful acquisition of Wow Games to enhance market presence in Europe.
Growth Initiatives: The company is focusing on expanding its direct-to-consumer monetization efforts, achieving over 15% of social casino revenues ahead of schedule, while planning new iGaming brand launches and continuing strategic acquisitions to diversify growth opportunities.
DoubleDown Prices 2.33M ADS Secondary Offering at $8 Each
- Offering Size: DoubleDown Interactive announced a secondary offering of 2,330,468 American Depositary Shares (ADSs) priced at $8 each, entirely sold by STIC Special Situation Diamond Limited, with the offering expected to close around December 18, 2025, although the company will not receive any proceeds from this sale.
- Market Impact: This offering will not alter the number of outstanding common shares, indicating a cautious capital management strategy by the company in the current market environment, aimed at preserving shareholder value.
- Underwriter Role: Roth Capital Partners is acting as the Lead Bookrunning Manager, while Texas Capital Securities serves as Co-Bookrunning Manager, demonstrating professional support for the offering that may enhance investor confidence in the company's future prospects.
- Compliance Statement: The offering is conducted under a shelf registration statement on Form F-3 filed on September 19, 2025, ensuring compliance with securities laws, reflecting the company's commitment to regulatory adherence and aiming to reduce legal risks while enhancing transparency.
DoubleDown Interactive Pledges $10,000 to Support Meals on Wheels America®
Donation to Meals on Wheels: DoubleDown Interactive announced a $10,000 donation to Meals on Wheels America to help combat senior hunger and isolation in the U.S.
Play-to-Enter Giveaway: The company will host a play-to-enter giveaway event called "Reels & Wheels" on November 20, 2025, encouraging players to support the charitable cause.
CEO's Commitment: In Keuk Kim, CEO of DoubleDown, emphasized the company's dedication to community support and the importance of providing nourishment and companionship to seniors.
Meals on Wheels Impact: Meals on Wheels America delivers over 251 million meals annually to more than 2 million seniors, highlighting the critical need for their services as many programs face waitlists.
DoubleDown Interactive Reports 15.5% Revenue Growth and 30.8% Increase in Earnings per Fully Diluted Share for Q3 2025
Financial Performance: DoubleDown Interactive reported a 15.5% increase in revenue for Q3 2025, reaching $95.8 million, with significant growth in its iGaming subsidiary, SuprNation, which saw a 108% year-over-year revenue increase to $16.2 million.
Operating Expenses and Profit: Operating expenses rose to $60.9 million, primarily due to the acquisition of WHOW Games and growth in SuprNation, but profit for the period increased by 30.8% to $32.7 million, reflecting higher revenue and lower unrealized currency losses.
Key Metrics: The company's adjusted EBITDA was $37.5 million with a margin of 39.1%, while average revenue per daily active user (ARPDAU) for social casino games increased to $1.39, although average monthly revenue per payer decreased to $272.
Strategic Outlook: CEO In Keuk Kim highlighted the company's strong cash flow generation and exceptional balance sheet, with a net cash position of approximately $404 million, providing flexibility for future growth and potential acquisitions.
DoubleDown Interactive Files for Resale of 4.2M ADSs by Selling Shareholder
Prospectus Filing: DoubleDown Interactive filed a prospectus for the resale of up to 4.21 million American Depositary Shares (ADS) by STIC Special Situation Diamond Limited, representing 210,632.75 common shares.
No Proceeds for DoubleDown: DoubleDown Interactive is not selling any shares in this offering and will not receive any proceeds from the sale.
DoubleDown Interactive Co Ltd (DDI) Q2 2025 Earnings Call Highlights: Navigating Revenue ...
Financial Performance: DoubleDown Interactive reported Q2 2025 consolidated revenue of $84.8 million, with a notable decline in Social Casino revenue and adjusted EBITDA of $33.5 million, reflecting challenges in year-over-year comparisons.
Strategic Developments: The acquisition of WHOW Games enhances DDI's presence in Europe and diversifies revenue sources, while the company maintains a strong cash position of approximately $444 million to support future growth initiatives.
DoubleDown Interactive Q2 Revenue Jumps
Financial Performance: DoubleDown Interactive reported revenue of $84.8 million for Q2 2025, with significant contributions from social casino and iGaming sectors, alongside a successful acquisition of Wow Games to enhance market presence in Europe.
Growth Initiatives: The company is focusing on expanding its direct-to-consumer monetization efforts, achieving over 15% of social casino revenues ahead of schedule, while planning new iGaming brand launches and continuing strategic acquisitions to diversify growth opportunities.
