▲ 3 r/ValueInvesting
Doubledown Interactive (DDI) Assessment
Has anyone looked into DDI? It's a US social casino operator majority-owned by a South Korean company called DoubleU Games. The core segment is plateauing, but their recent acquisitions (WHOW, SuprNation) are growing decently. This is my largest position because their market cap is $600mln, their net cash is $500mln, and their FCF is $130-140mln.
u/Amoeba66 — 3 days ago