DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Q3 2023 Earnings Call Transcript

In Keuk Kim: To support Joe’s comment, so basically, marketing environment and platform are changing rapidly like AppleCare and so on. And we have been maintaining our efficiency very well. We use our own analysis and forecast tools based on our internal AI models. This is an ongoing process that we are going to keep leveraging AI for internal tools. Within our internal platforms, based on a lot of DSP data and partner data, based on MMFPs accumulated attributions, we do see some improvement so far, and we will keep refining efficient processes to avoid repetition between marketing channel. So I hope it helps.

Greg Gibas: Got it. Yes, it does. That makes sense. Thanks guys.

In Keuk Kim: Thanks Greg.

Operator: [Operator Instructions] And our next question comes from Aaron Lee from Macquarie.

Aaron Lee: Just a couple of quick follow-ups. Just on SuprNation’s seasonality, does it roughly match the seasonality of your social casino business?

Joe Sigrist: At this point, the size of their revenue and how they’ve been ramping their revenue makes it hard for us to predict or to look back even over the last couple of years and say this is their seasonality. I mean we know that iGaming, in general, like most mobile gaming and gaming products in general, do have a bit of a summer dropoff, especially in August, in Western Europe. But at this point, it’s hard to know what the exact seasonal pattern will be for SuprNation, and we’ll be learning as we go forward.

Aaron Lee: Okay. Yes. Fair enough. Yes, with ramping assets. You kind of have to throw seasonality at the window sometimes. And just one more for me. In the past, you’ve talked about your development pipeline. Is there anything on the horizon that we should be mindful of? Or is this – should we consider this more on the back burner as you focus on the SuprNation integration?

Joe Sigrist: Yes. No. I mean I wouldn’t say it’s on the back burner. We definitely have new gaming apps under development, and we’re actively testing concepts and are hard at work on our organic app activities and projects. And we’ll give you more information about those, especially as those products launch.

Aaron Lee: Okay. Perfect. Thank you very mcuh.

Operator: Thank you. I show no further questions at this time, and this does conclude the question-and-answer session. DoubleDown Interactive thanks you for participating in today’s conference. This does conclude the program, and you now may disconnect.