DoubleDown Interactive Co., Ltd. announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024, and has adopted International Financial Reporting Standards (IFRS) for these periods, including comparable 2023 results. The company previously reported under GAAP.
For the full year 2024, DoubleDown generated $148 million in cash flow from operations. The company reported strong monetization metrics for its flagship social casino game, DoubleDown Casino, with full-year average revenue per daily active user (ARPDAU) and average revenue per payer both growing 16% compared to full year 2023.
The SuprNation iGaming business gained momentum throughout 2024, with its fourth-quarter revenue being the highest since its acquisition. DoubleDown ended 2024 with an aggregate net cash position of approximately $380 million, an increase of $145 million from the end of 2023, equivalent to approximately $7.69 per ADS.
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