DoubleDown Interactive Co (DoubleDown Interactive Co) Research & Development : $17.3 Mil (TTM As of Mar. 2024)

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What is DoubleDown Interactive Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. DoubleDown Interactive Co's Research & Development for the three months ended in Mar. 2024 was $3.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $17.3 Mil.

DoubleDown Interactive Co Research & Development Historical Data

The historical data trend for DoubleDown Interactive Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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DoubleDown Interactive Co Research & Development Chart

DoubleDown Interactive Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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19.25

18.78

18.49

18.18

19.13

DoubleDown Interactive Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															5.04	5.07	4.36	4.66	3.26

DoubleDown Interactive Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.3 Mil.

DoubleDown Interactive Co (NAS:DDI) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

DoubleDown Interactive Co Research & Development Related Terms

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DoubleDown Interactive Co (DoubleDown Interactive Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoubleDown Interactive Co Ltd (NAS:DDI) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

DDI:Germany

Address

152, Teheran-ro Gangnam-gu, Gangnam Finance Center, 13th Floor, Seoul, KOR, 06236

Website

https://www.doubledowninteractive.com

DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.