GDEV Inc.

GDEV Inc.

GDEV · NASDAQ · Communication Services / Electronic Gaming & Multimedia

8.34USD+0.00 (+0.00%)

Price History

Full chart

Market Stats

Previous Close8.34
Open8.34
Day Range8.34 – 8.34
52-Week Range10.00 – 42.20
Volume0
Market Cap197.84M
P/E (TTM)2.73
Forward P/E2.15
EPS4.00
Dividend Yield0.00%
Beta1.27
50-Day Avg11.73
200-Day Avg14.37

About

GDEV Inc. develops and publishes online games in the United States, Europe, Asia, and internationally. The company offers various games through mobile, social, and web-based platforms. It also provides franchise gaming in the role-playing game genre. The company was formerly known as Nexters Inc. and changed its name to GDEV Inc. in June 2023. GDEV Inc. was founded in 2010 and is headquartered in Limassol, Cyprus.

Company Details

  • SectorCommunication Services
  • IndustryElectronic Gaming & Multimedia
  • CEODr. Anton Reinhold
  • Employees488
  • Headquarters55, Griva Digeni, Limassol, Cyprus, 3101, USA
  • Websitehttps://gdev.inc

Leadership

  • Mr. Alexander KaravaevChief Financial Officer · b. 1975
  • Dr. Anton ReinholdChief Executive Officer of Flagship Game Studio & Nexters Global · b. 1987
  • Mr. Andrey FadeevCo-Founder, Chairman of the Board & CEO · b. 1985
  • Ms. Yulia DementievaGeneral Counsel

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue93.81M260.89M434.09M479.69M464.55M420.93M404.35M
Growth (%)-+178.10%+66.39%+10.50%-3.16%-9.39%-3.94%
Cost of Revenue44.49M92.55M136.17M176.98M160.69M142.02M141.41M
Gross Profit49.32M168.34M297.92M302.71M303.86M278.92M262.93M
Gross Margin52.57%64.52%68.63%63.10%65.41%66.26%65.03%
Operating Expense85.08M170.01M421.18M185.53M265.50M238.40M191.79M
Operating Income-35.76M-1.67M-123.26M117.18M38.36M40.52M71.14M
Operating Margin-38.12%-0.64%-28.39%24.43%8.26%9.63%17.59%
EBITDA-35.47M672.00K-113.69M18.55M56.68M36.43M81.63M
EBITDA Margin-37.81%0.26%-26.19%3.87%12.20%8.65%20.19%
Net Income-35.53M-751.00K-117.44M7.30M46.12M25.53M69.33M
Net Income Margin-37.87%-0.29%-27.05%1.52%9.93%6.07%17.15%
Interest Expense168.00K45.00K91.00K482.00K408.00K205.00K84.00K
Interest Expense % of Total Revenue0.18%0.02%0.02%0.10%0.09%0.05%0.02%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets80.47M211.55M312.98M322.04M320.55M272.20M233.11M
Total Liabilities129.03M313.46M474.03M470.82M420.37M373.73M323.68M
Total Equity-48.57M-101.91M-161.09M-148.78M-99.81M-101.53M-90.56M
Cash17.57M84.56M142.80M86.77M71.80M111.05M58.91M
Total Debt4.10M1.16M1.93M1.19M2.44M1.30M1.09M
Net Debt-13.47M-83.40M-140.87M-85.59M-69.36M-109.75M-57.82M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow14.95M120.62M105.52M116.08M17.95M28.52M29.45M
Investing Cash Flow-345.00K361.00K-2.72M-171.78M-32.46M55.90M-22.40M
Financing Cash Flow-156.00K-56.05M-42.98M-1.90M-1.95M-44.94M-57.40M
Capital Expenditure102.00K147.00K1.44M1.06M739.00K438.00K313.00K
Free Cash Flow14.85M120.48M104.08M115.02M17.20M28.09M29.13M
Dividends Paid4.12M51.68M160.37M4.68M0055.99M
FCF to OCF99.32%99.88%98.64%99.09%95.79%98.46%98.94%
Dividend Paid to FCF27.75%42.90%154.08%4.07%0.00%0.00%192.19%

Earnings

Report DateSep 21, 2020Nov 10, 2020Jun 8, 2021Sep 17, 2021Nov 11, 2021Mar 2, 2022Apr 29, 2022Aug 4, 2022Dec 6, 2022Mar 29, 2023Jun 26, 2023Aug 3, 2023Nov 22, 2023Mar 19, 2024May 28, 2024Sep 18, 2024Nov 13, 2024Mar 31, 2025May 15, 2025Sep 2, 2025Nov 23, 2025Mar 6, 2026Jun 26, 2026Aug 21, 2026
EPS Estimate0.000.00------0.000.00-0.000.000.05-0.010.020.38-0.100.180.260.420.790.671.08
EPS Actual0.00-0.01-0.09-1000.00-0.560.090.160.210.16-0.51-5.09-0.040.120.06-0.010.810.79-0.130.770.901.320.760.771.08
Surprise-------------10.00%0.00%3950.00%107.89%-30.00%327.78%246.15%214.29%-3.80%14.93%0.00%
Timing---Pre-marketPre-market-After-hoursAfter-hoursPre-market-Pre-market-----After-hours-After-hoursPre-marketAfter-hours--Pre-market

Key Statistics & Ratios

Market Cap197.84M
Enterprise Value87.64M
Trailing P/E2.73
Forward P/E2.15
PEG Ratio0.74
Price / Sales0.52
Price / Book0.00
EPS4.00
Book Value-2.85
Revenue (TTM)380.39M
Gross Profit (TTM)246.31M
EBITDA81.59M
Profit Margin19.92%
Operating Margin21.72%
Return on Equity0.00%
Return on Assets21.77%
Shares Outstanding18.15M
Shares Float1.72M
Beta1.27
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 2 analystsTarget 70.00
  • Strong Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
2.22%
Insiders
86.65%
Retail / Other
11.13%

Top Institutional Holders

  • Mubadala Investment Company PJSC
    374.08K2.06%
  • AdvisorShares Investments, LLC
    12.24K0.07%
  • UBS Group AG
    5.10K0.03%
  • Acadian Asset Management LLC
    1.25K0.01%
  • Morgan Stanley - Brokerage Accounts
    120.00%
  • The Colony Group LLC
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    6.52K0.04%
  • Dimensional World Equity GBP Acc
    1.57K0.01%
  • Dimensional Global Small Coms USD Acc
    8380.00%
  • Dimensional Global Core Equity USD Acc
    8180.00%
  • DFA US Core Equity Class F
    7010.00%
  • Dimensional International Core Eq Acc
    6350.00%
  • DFA US Sustainability Core 1
    4260.00%
  • DFA US Core Equity 2 I
    3290.00%
  • Dimensional US Core Equity 1 ETF
    2800.00%
  • Dimensional Gl Cor Eq LC ESG Sc USD A
    1230.00%
  • Dimensional US Core Equity 2 ETF
    1010.00%
  • Global Core Equity UCITS ETF USD Acc
    1070.00%
  • DFA US Social Core Equity 2 Portfolio
    1070.00%

Dividends

20251×
3.31Mar 12, 2025

Stock Splits

  • Aug 29, 20241:10