Earnings Review · 07 August 2026
The print
Revenue $1.68B. EPS $-0.18 vs $-0.21 expected.
Give the business its due
The business itself is genuinely strong: revenue growing about 6%, net margins near -4%, a weak competitive moat.
The valuation lens
Our framework labels the valuation UNKNOWN. Fair value lands near $206 against a $235 share price, a margin of safety of about -12%.
The ethical lens, our differentiator
The two standards split: it clears the faith-based (AAOIFI) screen but not our broader anchor screen. We default to protection and do not call it compliant on a divergence.
The compliant alternative
If the theme is what draws you, DoubleDown Interactive Co Ltd ADR (DDI) sits in the same industry (Electronic Gaming & Multimedia) and clears our principled screen, the place to look instead of chasing a name that does not.
The verdict for a values-conscious investor
A beat-and-raise does not change the screen. This is a great company you can admire without owning, protection first. We do not confuse a strong quarter with a suitable holding.
This is analysis, not financial advice. Always manage your risk.
