DoubleDown Interactive (DDI) Deferred Taxes (2019 - 2024)
DoubleDown Interactive (DDI) reported Deferred Taxes of $6.0 million for Q3 2024, down 19.06% on a YoY basis from $7.5 million in Q4 2023, and up 36.83% quarter-over-quarter from $4.4 million in Q2 2024.
DoubleDown Interactive (DDI) Deferred Taxes (2019 - 2024) Analysis & Trends
DoubleDown Interactive has reported Deferred Taxes for 6 years, with the latest figure at $6.0 million in Q3 2024.
- For the quarter ending Q3 2024, Deferred Taxes fell 19.06% year-over-year to $6.0 million; the trailing twelve-month figure through Sep 2024 stood at $25.7 million (up 169.04% YoY), and the FY2023 full-year result was $29.6 million, up 134.79% from the prior year.
- Deferred Taxes for Q3 2024 stood at $6.0 million, up from $4.4 million in the prior quarter.
- The five-year high for Deferred Taxes was $8.5 million in Q4 2023, with the low at -$58.3 million in Q4 2022.
- Historically, Deferred Taxes has averaged -$1.5 million across 5 years, with a median of $2.9 million in 2022.
- Annual changes were most pronounced in 2020 — Deferred Taxes surged 358.49% — and 2022, when it plunged 2476.31%.
- DoubleDown Interactive's Deferred Taxes stood at $4.4 million in 2020, then tumbled by 44.49% to $2.5 million in 2021, then sank by 2476.31% to -$58.3 million in 2022, then soared by 114.51% to $8.5 million in 2023, then slipped by 28.62% to $6.0 million in 2024.
- The last three Deferred Taxes figures came in at $6.0 million (Q3 2024), $4.4 million (Q2 2024), and $6.8 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.76 Bn | 47.89 Bn | 1.76 Bn | -17.00 Mn |
| 2 | Take Two Interactive Software | 42.04 Bn | 40.05 Bn | 938.70 Mn | - |
| 3 | Roblox | 34.08 Bn | 30.86 Bn | 1.15 Bn | - |
| 4 | Playtika Holding | 1.32 Bn | 539.18 Mn | 384.10 Mn | 2.20 Mn |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | - |
| 6 | Gdev | 221.62 Mn | 113.30 Mn | 75.00 Mn | - |
| 7 | Meridian Holdings | 164.46 Mn | 149.93 Mn | 28.14 Mn | - |
| 8 | Skillz | 132.36 Mn | -27.57 Mn | 25.51 Mn | - |
| 9 | Brag House Holdings | 89.71 Mn | 89.57 Mn | - | - |
| 10 | DoubleDown Interactive | 28.07 Mn | -505.13 Mn | 69.71 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 6.03 Mn |
| Jun 30, 2024 | 4.41 Mn |
| Mar 31, 2024 | 6.76 Mn |
| Dec 31, 2023 | 8.45 Mn |
| Sep 30, 2023 | 7.46 Mn |
| Jun 30, 2023 | 7.59 Mn |
| Mar 31, 2023 | 6.06 Mn |
| Dec 31, 2022 | -58.27 Mn |
| Sep 30, 2022 | -14.73 Mn |
| Jun 30, 2022 | -14.94 Mn |
| Mar 31, 2022 | 2.95 Mn |
| Dec 31, 2021 | 2.45 Mn |
| Sep 30, 2021 | 3.00 Mn |
| Jun 30, 2021 | -1.40 Mn |
| Mar 31, 2021 | 1.93 Mn |
| Dec 31, 2020 | 4.42 Mn |
| Sep 30, 2020 | -2.69 Mn |
| Jun 30, 2020 | 1.22 Mn |
| Mar 31, 2020 | 1.48 Mn |
| Dec 31, 2019 | -1.71 Mn |