GDEV Key Executives

This section highlights GDEV's key executives, including their titles and compensation details.

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GDEV Earnings

This section highlights GDEV's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 27, 2025
Time: Before Market
Est. EPS: $0.18
Status: Unconfirmed

Last Earnings Results

Date: March 25, 2025
EPS: $-0.11
Est. EPS: $0.64
Revenue: $97.50M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q3 2024 2024-11-14 $0.37 $0.79
Read Transcript Q2 2024 2024-09-04 $0.17 $0.81

GDEV Inc. (GDEV)

GDEV Inc. operates as a gaming and entertainment company in the United States, Europe, Asia, and internationally. It develops desktop, mobile, web, and social games. 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.

Technology Electronic Gaming & Multimedia

$11.06

Stock Price

$200.52M

Market Cap

589

Employees

Limassol, None

Location

Financial Statements

Access annual & quarterly financial statements for GDEV, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $420.93M $464.55M $479.69M $434.09M $260.89M
Cost of Revenue $142.02M $160.69M $173.66M $136.17M $92.55M
Gross Profit $278.92M $303.86M $306.03M $297.92M $168.34M
Gross Profit Ratio 66.26% 65.41% 63.80% 68.63% 64.52%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $32.74M $31.79M $36.83M $23.03M $3.69M
Selling and Marketing Expenses $200.82M $218.35M $146.45M $270.17M $165.76M
Selling General and Administrative Expenses $233.56M $250.15M $183.28M $293.20M $169.44M
Other Expenses $4.85M $15.35M $5.57M $2.54M $561.00K
Operating Expenses $238.42M $265.50M $188.85M $295.74M $170.01M
Cost and Expenses $380.44M $426.19M $362.51M $431.91M $262.56M
Interest Income $2.34M $4.02M $1.64M $- $7.00K
Interest Expense $205.00K $408.00K $482.00K $91.00K $45.00K
Depreciation and Amortization $6.18M $6.28M $6.90M $2.54M $561.00K
EBITDA $36.43M $56.68M $19.14M $4.72M $-1.11M
EBITDA Ratio 8.65% 12.20% 3.99% 1.09% -0.42%
Operating Income $40.50M $38.36M $108.34M $127.62M $-1.67M
Operating Income Ratio 9.62% 8.26% 22.59% 29.40% -0.64%
Total Other Income Expenses Net $-10.45M $11.63M $-7.68M $6.94M $1.78M
Income Before Tax $30.04M $49.99M $11.17M $-116.32M $111.00K
Income Before Tax Ratio 7.14% 10.76% 2.33% -26.80% 0.04%
Income Tax Expense $4.51M $3.88M $3.76M $1.13M $862.00K
Net Income $25.53M $46.12M $7.30M $-117.44M $-751.00K
Net Income Ratio 6.07% 9.93% 1.52% -27.05% -0.29%
EPS $1.40 $2.30 $0.37 $-6.40 $-0.04
EPS Diluted $1.38 $2.30 $0.37 $-6.40 $-0.04
Weighted Average Shares Outstanding 18.20M 20.05M 19.80M 18.35M 17.66M
Weighted Average Shares Outstanding Diluted 18.44M 20.03M 19.80M 18.35M 17.66M
SEC Filing Source Source Source Source Source


Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $110.66M $105.82M $107.00M $109.11M $121.30M $114.86M $119.28M $103.05M $124.80M $125.77M $126.07M $122.58M $115.18M $109.64M $86.69M $74.36M $64.50M $63.26M $58.77M
Cost of Revenue $36.60M $35.39M $36.00M $39.18M $39.92M $42.19M $43.93M $56.47M $41.76M $38.70M $42.76M $38.47M $35.55M $33.73M $28.42M $26.89M $22.64M $22.03M $21.00M
Gross Profit $74.06M $70.44M $71.00M $69.94M $81.38M $72.68M $75.35M $46.58M $83.05M $87.07M $83.31M $84.11M $79.62M $75.91M $58.27M $47.47M $41.86M $41.23M $37.78M
Gross Profit Ratio 66.93% 66.56% 66.36% 64.09% 67.09% 63.27% 63.17% 45.20% 66.54% 69.23% 66.08% 68.62% 69.13% 69.23% 67.22% 63.84% 64.90% 65.18% 64.28%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $7.21M $9.37M $7.56M $7.38M $8.20M $8.02M $7.40M $9.17M $13.98M $7.44M $8.50M $9.34M $6.06M $4.83M $2.81M $2.82M $306.00K $305.00K $258.00K
Selling and Marketing Expenses $52.02M $45.04M $63.17M $52.11M $40.95M $48.81M $64.57M $34.89M $20.24M $35.03M $56.59M $51.01M $63.68M $90.75M $64.73M $39.36M $53.04M $30.97M $42.38M
Selling General and Administrative Expenses $60.17M $54.41M $71.00M $61.47M $49.15M $57.81M $86.12M $44.06M $34.22M $42.47M $65.09M $60.35M $69.74M $95.57M $67.54M $42.18M $53.34M $31.28M $42.64M
Other Expenses $-750.00K $1.00M $-3.82M $3.59M $2.06M $741.00K $-805.00K $2.07M $1.22M $1.37M $1.47M $827.00K $110.00K $106.00K $459.00K $349.00K $163.00K $150.00K $82.00K
Operating Expenses $59.42M $55.41M $71.00M $61.47M $51.21M $57.81M $86.12M $46.12M $35.44M $43.84M $66.56M $61.18M $70.38M $96.18M $68.00M $42.35M $53.51M $31.43M $42.72M
Cost and Expenses $96.02M $90.80M $107.00M $100.65M $91.13M $100.00M $130.05M $102.59M $77.20M $82.54M $109.32M $99.65M $105.94M $129.91M $96.41M $69.24M $76.15M $53.46M $63.72M
Interest Income $- $569.00K $- $907.00K $1.10M $1.06M $1.28M $997.00K $536.00K $1.61M $99.00K $- $12.79M $711.00K $- $- $702.00K $- $-
Interest Expense $- $105.00K $- $98.00K $115.00K $226.00K $- $313.00K $1.80M $11.76M $1.04M $- $800.00K $- $1.88M $- $- $- $-
Depreciation and Amortization $1.62M $561.00K $2.00M $1.62M $1.75M $1.50M $1.41M $3.39M $1.74M $2.15M $1.47M $827.00K $645.00K $609.00K $459.00K $166.00K $163.00K $150.00K $82.00K
EBITDA $16.27M $15.57M $2.00M $14.03M $30.67M $16.28M $-12.04M $-66.85M $49.35M $45.38M $25.89M $23.77M $-102.76M $-14.92M $-9.61M $5.13M $-11.49M $9.95M $-4.86M
EBITDA Ratio 14.70% 14.71% 1.87% 12.86% 25.28% 14.17% -10.10% -64.87% 39.54% 36.08% 20.53% 19.39% -89.22% -13.61% -11.08% 6.90% -17.81% 15.73% -8.27%
Operating Income $14.65M $15.03M $1.91M $8.46M $28.96M $14.87M $-10.77M $-682.00K $47.60M $43.23M $16.75M $22.94M $-116.20M $-20.27M $-9.72M $5.12M $-11.65M $9.80M $-4.94M
Operating Income Ratio 13.24% 14.20% 1.79% 7.76% 23.87% 12.94% -9.03% -0.66% 38.14% 34.37% 13.29% 18.71% -100.89% -18.49% -11.22% 6.89% -18.06% 15.49% -8.40%
Total Other Income Expenses Net $1.42M $674.00K $-2.47M $3.85M $-3.69M $4.98M $3.35M $-2.91M $-10.79M $-1.11M $7.41M $-4.61M $12.79M $711.00K $-1.88M $1.43M $702.00K $816.00K $-1.17M
Income Before Tax $16.07M $15.70M $-562.00K $12.31M $25.27M $19.84M $-7.43M $-100.78M $36.81M $42.12M $24.16M $18.33M $-103.41M $-19.64M $-11.60M $6.55M $-10.95M $10.62M $-6.11M
Income Before Tax Ratio 14.52% 14.84% -0.53% 11.28% 20.83% 17.28% -6.23% -97.79% 29.50% 33.49% 19.17% 14.96% -89.78% -17.91% -13.38% 8.81% -16.97% 16.78% -10.40%
Income Tax Expense $1.45M $986.00K $1.00M $1.22M $1.58M $326.00K $748.00K $-412.00K $2.15M $1.25M $752.00K $282.00K $291.00K $370.00K $184.00K $250.00K $223.00K $209.00K $180.00K
Net Income $14.62M $14.71M $-1.00M $11.09M $23.68M $19.52M $-8.18M $-100.36M $31.20M $40.87M $23.43M $18.05M $-103.70M $-20.01M $-11.79M $6.30M $-11.17M $10.41M $-6.29M
Net Income Ratio 13.21% 13.90% -0.93% 10.16% 19.53% 16.99% -6.85% -97.39% 25.00% 32.49% 18.58% 14.73% -90.04% -18.25% -13.60% 8.47% -17.32% 16.45% -10.70%
EPS $0.79 $0.81 $-0.05 $0.56 $1.20 $1.03 $-0.41 $-5.09 $1.60 $2.06 $1.20 $0.92 $-5.87 $-1.02 $-0.60 $0.32 $-0.57 $0.53 $-0.32
EPS Diluted $0.79 $0.81 $-0.05 $0.56 $1.20 $1.03 $-0.41 $-5.09 $1.60 $2.06 $1.20 $0.92 $-5.87 $-1.02 $-0.60 $0.32 $-0.57 $0.53 $-0.32
Weighted Average Shares Outstanding 18.50M 18.11M 19.76M 19.76M 19.74M 18.91M 19.72M 19.71M 19.80M 19.80M 19.80M 19.67M 17.66M 19.65M 19.65M 17.66M 19.65M 19.65M 19.65M
Weighted Average Shares Outstanding Diluted 18.50M 18.27M 19.76M 19.76M 19.74M 18.91M 19.72M 19.71M 19.80M 19.80M 19.80M 19.67M 17.66M 19.65M 19.65M 17.66M 19.65M 19.65M 19.65M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $111.05M $71.80M $86.77M $142.80M $84.56M
Short Term Investments $23.76M $84.24M $50.37M $2.46M $2.04M
Cash and Short Term Investments $134.81M $156.03M $137.14M $142.80M $84.56M
Net Receivables $38.08M $48.80M $42.90M $42.75M $30.94M
Inventory $- $3.25M $6.31M $- $1
Other Current Assets $6.71M $5.79M $62.18M $5.60M $5.18M
Total Current Assets $179.60M $213.88M $188.87M $191.15M $120.68M
Property Plant Equipment Net $2.91M $4.07M $2.25M $3.40M $1.22M
Goodwill $1.84M $1.84M $1.84M $1.50M $-
Intangible Assets $4.42M $8.48M $12.98M $266.00K $76.00K
Goodwill and Intangible Assets $6.25M $10.31M $14.81M $1.77M $76.00K
Long Term Investments $16.11M $18.07M $17.90M $116.53M $-
Tax Assets $103.00K $122.00K $108.00K $25.00K $-
Other Non-Current Assets $67.22M $74.10M $98.11M $107.00K $89.59M
Total Non-Current Assets $92.60M $106.68M $133.18M $121.83M $90.88M
Other Assets $- $- $- $- $-
Total Assets $272.20M $320.55M $322.04M $312.98M $211.55M
Account Payables $12.95M $21.71M $22.30M $16.19M $9.79M
Short Term Debt $1.28M $1.46M $743.00K $831.00K $342.00K
Tax Payables $3.54M $6.92M $5.26M $814.00K $306.00K
Deferred Revenue $222.69M $234.18M $295.55M $294.61M $215.56M
Other Current Liabilities $22.99M $38.50M $8.55M $10.38M $7.42M
Total Current Liabilities $263.45M $302.76M $332.40M $322.82M $233.42M
Long Term Debt $18.00K $983.00K $-40.07M $1.10M $818.00K
Deferred Revenue Non-Current $109.89M $115.34M $96.89M $128.07M $79.22M
Deferred Tax Liabilities Non-Current $- $- $40.51M $- $-79.22M
Other Non-Current Liabilities $365.00K $1.28M $577.00K $22.03M $-
Total Non-Current Liabilities $110.27M $117.61M $138.42M $151.21M $80.04M
Other Liabilities $- $- $- $- $-
Total Liabilities $373.73M $420.37M $470.82M $474.03M $313.46M
Preferred Stock $- $- $- $- $-
Common Stock $- $- $- $- $27.00K
Retained Earnings $-248.54M $-274.08M $-320.19M $-327.50M $-114.02M
Accumulated Other Comprehensive Income Loss $5.89M $148.74M $3.49M $166.41M $12.08M
Other Total Stockholders Equity $141.13M $25.53M $167.93M $25.88M $-
Total Stockholders Equity $-101.53M $-99.81M $-148.78M $-161.09M $-101.91M
Total Equity $-101.53M $-99.81M $-148.78M $-161.05M $-101.91M
Total Liabilities and Stockholders Equity $272.20M $320.55M $322.04M $312.98M $211.55M
Minority Interest $- $- $- $44.00K $-
Total Liabilities and Total Equity $272.20M $320.55M $322.04M $312.98M $211.55M
Total Investments $39.87M $102.31M $68.27M $116.53M $2.04M
Total Debt $1.30M $2.44M $1.19M $1.93M $1.16M
Net Debt $-109.75M $-69.36M $-85.59M $-140.87M $-83.40M


Balance Sheet Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 March 31, 2020
Cash and Cash Equivalents $86.57M $50.75M $68.33M $71.80M $61.00M $68.58M $-140.13M $86.77M $131.53M $91.38M $83.70M $142.80M $105.45M $40.90M $282.43K $84.56M $-18.48M
Short Term Investments $30.14M $54.65M $56.50M $84.24M $83.93M $69.31M $280.25M $50.37M $3.12M $1.91M $2.33M $2.46M $2.82M $1.71M $173.20M $2.04M $36.95M
Cash and Short Term Investments $116.71M $105.40M $124.82M $71.80M $144.93M $137.89M $140.13M $137.14M $131.53M $91.38M $83.70M $142.80M $105.45M $40.90M $86.60M $84.56M $18.48M
Net Receivables $48.71M $52.22M $41.37M $48.80M $44.56M $41.12M $- $42.90M $33.18M $42.48M $46.46M $42.75M $44.85M $65.16M $- $30.94M $-
Inventory $- $- $3.31M $-14.81M $6.69M $5.34M $- $6.31M $6.54M $19.13M $5.88M $- $- $1 $- $1 $-
Other Current Assets $2.88M $5.25M $6.22M $96.53M $96.44M $8.33M $- $62.18M $10.61M $24.59M $9.14M $5.60M $6.03M $3.08M $- $5.18M $-
Total Current Assets $168.29M $162.87M $172.41M $213.88M $198.62M $185.31M $140.13M $188.87M $175.32M $158.45M $139.31M $191.15M $156.34M $109.14M $86.60M $120.68M $18.48M
Property Plant Equipment Net $3.00M $3.38M $2.42M $4.07M $4.16M $2.35M $- $2.25M $2.35M $2.25M $4.07M $3.40M $2.53M $2.87M $- $1.22M $-
Goodwill $1.84M $1.84M $1.84M $1.84M $1.84M $1.84M $- $1.84M $49.24M $48.90M $48.71M $1.50M $1.47M $1.47M $- $- $-
Intangible Assets $5.51M $6.51M $11.88M $8.48M $9.61M $10.76M $- $12.98M $14.30M $15.55M $17.14M $266.00K $145.00K $128.00K $- $76.00K $-
Goodwill and Intangible Assets $7.35M $8.34M $13.71M $10.31M $11.45M $12.60M $- $14.81M $63.54M $64.45M $65.86M $1.77M $1.62M $1.60M $- $76.00K $-
Long Term Investments $36.24M $34.87M $19.07M $18.07M $16.21M $18.53M $- $17.90M $17.72M $22.05M $26.81M $116.53M $- $- $250.08M $- $-
Tax Assets $- $124.00K $- $122.00K $103.00K $59.00K $- $108.00K $24.00K $119.89M $55.00K $25.00K $7.00K $17.00K $- $- $-
Other Non-Current Assets $68.51M $73.25M $87.98M $74.10M $76.98M $83.30M $-140.13M $98.11M $124.01M $6.16M $135.62M $107.00K $113.19M $105.23M $-86.60M $89.59M $-18.48M
Total Non-Current Assets $115.10M $119.97M $123.17M $106.68M $108.90M $116.85M $-140.13M $133.18M $207.64M $214.80M $232.40M $121.83M $117.34M $109.71M $-86.60M $90.88M $-18.48M
Other Assets $- $- $- $1 $- $- $- $- $- $- $- $- $- $- $250.82M $- $-
Total Assets $283.39M $282.84M $295.59M $320.55M $307.52M $302.16M $- $322.04M $382.96M $373.25M $371.71M $312.98M $273.67M $218.86M $250.82M $211.55M $-
Account Payables $28.99M $14.14M $32.73M $21.71M $13.96M $28.25M $- $22.30M $8.27M $5.59M $15.06M $16.19M $19.35M $20.36M $309.67K $9.79M $-
Short Term Debt $1.15M $1.15M $692.00K $1.46M $1.24M $771.00K $- $743.00K $715.00K $886.00K $1.54M $831.00K $860.00K $1.27M $- $342.00K $-
Tax Payables $- $4.44M $- $6.92M $6.45M $6.62M $- $5.26M $6.78M $3.66M $3.19M $814.00K $620.00K $534.00K $- $306.00K $-
Deferred Revenue $- $234.48M $- $234.18M $238.99M $271.52M $- $295.55M $285.97M $298.33M $303.41M $294.61M $282.10M $259.82M $- $215.56M $-
Other Current Liabilities $247.05M $26.84M $290.55M $38.50M $40.69M $20.92M $- $8.55M $10.08M $18.37M $19.67M $10.38M $10.95M $16.06M $-309.67K $222.98M $-
Total Current Liabilities $277.19M $281.05M $323.98M $302.76M $301.33M $328.08M $- $332.40M $311.82M $326.83M $342.89M $322.82M $313.88M $298.05M $2.53M $233.42M $-
Long Term Debt $38.00K $981.00K $211.00K $983.00K $966.00K $-9.01M $- $-40.07M $-27.82M $-30.73M $-27.88M $1.10M $541.00K $568.00K $- $818.00K $-
Deferred Revenue Non-Current $- $118.50M $- $115.34M $113.69M $100.55M $- $96.89M $103.27M $110.98M $120.57M $128.07M $119.40M $105.60M $8.75M $79.22M $-
Deferred Tax Liabilities Non-Current $- $- $- $-1 $- $9.12M $- $40.51M $28.42M $31.15M $28.76M $- $- $-105.60M $- $-79.22M $-
Other Non-Current Liabilities $109.26M $1.01M $128.17M $1.28M $3.04M $70.00K $148.78M $577.00K $12.45M $9.07M $17.57M $22.03M $18.47M $- $101.91M $- $48.57M
Total Non-Current Liabilities $109.30M $120.49M $128.38M $117.60M $117.70M $109.84M $148.78M $138.42M $144.75M $151.62M $167.77M $151.21M $138.41M $106.17M $101.91M $80.04M $48.57M
Other Liabilities $- $- $- $1 $- $- $- $- $- $- $- $- $- $- $-2.53M $- $-
Total Liabilities $386.49M $401.54M $452.36M $420.37M $419.03M $437.93M $148.78M $470.82M $456.57M $478.45M $510.66M $474.03M $452.29M $404.22M $101.91M $313.46M $48.57M
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $27.00K $237.24M $27.00K $-
Retained Earnings $-246.19M $-260.81M $-328.37M $-274.08M $-285.17M $-308.85M $- $-320.19M $-243.23M $-274.43M $-304.07M $-327.50M $-342.50M $-193.50M $-3.17M $-114.02M $-
Accumulated Other Comprehensive Income Loss $143.09M $5.90M $171.59M $148.74M $4.89M $4.47M $-148.78M $3.49M $169.62M $169.52M $165.09M $166.41M $163.88M $8.11M $-101.91M $12.08M $-48.57M
Other Total Stockholders Equity $1 $136.19M $- $25.53M $168.77M $168.61M $- $167.93M $- $- $- $25.88M $- $- $-234.07M $- $-
Total Stockholders Equity $-103.10M $-118.71M $-156.77M $-99.81M $-111.51M $-135.77M $-148.78M $-148.78M $-73.61M $-104.92M $-138.97M $-161.09M $-178.61M $-185.36M $-101.91M $-101.91M $-48.57M
Total Equity $-103.10M $-118.71M $-156.77M $-99.81M $-111.51M $-135.77M $-148.78M $-148.78M $-73.61M $-105.20M $-138.95M $-161.05M $-178.61M $-185.36M $-101.91M $-101.91M $-48.57M
Total Liabilities and Stockholders Equity $283.39M $282.84M $295.59M $320.55M $307.52M $302.16M $-148.78M $322.04M $382.96M $373.25M $371.71M $312.98M $273.67M $218.86M $250.82M $211.55M $-48.57M
Minority Interest $- $- $- $- $- $- $- $- $- $-281.00K $26.00K $44.00K $- $- $- $- $-
Total Liabilities and Total Equity $283.39M $282.84M $295.59M $320.55M $307.52M $302.16M $-148.78M $322.04M $382.96M $373.25M $371.71M $312.98M $273.67M $218.86M $250.82M $211.55M $-48.57M
Total Investments $66.38M $89.51M $75.57M $18.07M $100.14M $87.84M $280.25M $68.27M $17.72M $22.05M $26.81M $116.53M $2.82M $1.71M $250.08M $2.04M $36.95M
Total Debt $1.19M $2.13M $- $2.44M $2.21M $881.00K $- $1.19M $1.32M $1.30M $2.42M $1.93M $1.40M $1.84M $- $1.16M $-
Net Debt $-85.38M $-48.62M $-68.33M $-69.36M $-58.80M $-67.70M $140.13M $-85.59M $-130.21M $-90.08M $-81.28M $-140.87M $-104.05M $-39.06M $-282.43K $-83.40M $18.48M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $25.53M $46.12M $7.41M $-117.44M $-751.00K
Depreciation and Amortization $6.18M $6.28M $6.90M $2.54M $561.00K
Deferred Income Tax $4.51M $3.88M $3.76M $1.13M $862.00K
Stock Based Compensation $1.28M $2.03M $3.75M $3.76M $2.28M
Change in Working Capital $-14.43M $-32.74M $-10.61M $97.87M $123.59M
Accounts Receivables $6.01M $-9.88M $-4.50M $-12.68M $-7.49M
Inventory $- $- $2.22M $3.08M $8.55M
Accounts Payables $- $-632.00K $2.28M $9.60M $-1.06M
Other Working Capital $-20.45M $-22.23M $-10.61M $97.87M $123.59M
Other Non Cash Items $5.46M $-7.61M $104.87M $117.66M $-5.91M
Net Cash Provided by Operating Activities $28.52M $17.95M $116.08M $105.52M $120.62M
Investments in Property Plant and Equipment $-343.00K $-755.00K $-1.06M $-1.44M $-147.00K
Acquisitions Net $-7.52M $-515.00K $-72.08M $-1.16M $-
Purchases of Investments $-63.87M $-107.16M $-67.73M $- $-250.00M
Sales Maturities of Investments $126.16M $75.48M $-64.00K $- $-
Other Investing Activities $1.48M $482.00K $-30.85M $-123.00K $250.51M
Net Cash Used for Investing Activities $55.90M $-32.46M $-171.78M $-2.72M $361.00K
Debt Repayment $-1.59M $-1.89M $-2.01M $-2.18M $-4.32M
Common Stock Issued $- $- $- $- $-
Common Stock Repurchased $-33.11M $- $- $- $-
Dividends Paid $- $- $- $-160.37M $-51.68M
Other Financing Activities $-10.23M $-56.00K $109.00K $119.57M $-43.00K
Net Cash Used Provided by Financing Activities $-44.94M $-1.95M $-1.90M $-42.98M $-56.05M
Effect of Forex Changes on Cash $-240.00K $1.48M $1.58M $-1.57M $2.05M
Net Change in Cash $39.25M $-14.98M $-56.03M $58.24M $66.99M
Cash at End of Period $111.05M $71.80M $86.77M $142.80M $84.56M
Cash at Beginning of Period $71.80M $86.77M $142.80M $84.56M $17.57M
Operating Cash Flow $28.52M $17.95M $116.08M $105.52M $120.62M
Capital Expenditure $-438.00K $-739.00K $-1.06M $-1.44M $-147.00K
Free Cash Flow $28.09M $17.20M $115.02M $104.08M $120.48M

Cash Flow Charts

Breakdown September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $14.62M $14.71M $-1.44M $11.09M $23.68M $19.52M $-8.18M $-76.96M $31.63M $29.33M $23.41M $18.05M $-103.70M $-20.01M $-11.79M $6.30M $-11.17M $10.41M $-6.29M
Depreciation and Amortization $1.62M $1.34M $1.60M $1.62M $1.75M $1.50M $1.41M $1.54M $1.74M $2.15M $1.47M $827.00K $645.00K $609.00K $459.00K $166.00K $163.00K $150.00K $82.00K
Deferred Income Tax $- $- $- $1.22M $1.58M $-1.72M $-1.72M $-649.00K $2.32M $1.34M $752.00K $282.00K $291.00K $370.00K $184.00K $250.00K $223.00K $209.00K $180.00K
Stock Based Compensation $694.00K $192.00K $198.00K $310.00K $678.00K $496.00K $548.00K $744.00K $978.00K $964.00K $1.06M $- $125.64M $315.00K $390.00K $2.24M $12.00K $12.00K $12.00K
Change in Working Capital $10.83M $-3.45M $3.27M $-1.82M $-23.70M $4.29M $9.59M $3.43M $6.14M $-18.93M $-1.25M $17.54M $41.16M $11.66M $27.21M $37.70M $44.21M $30.08M $11.60M
Accounts Receivables $5.97M $-3.37M $2.34M $-4.49M $-6.89M $37.00K $2.36M $-15.59M $13.10M $487.06K $-2.97M $2.52M $16.29M $-18.30M $-13.30M $8.69M $-1.50M $-2.32M $-7.34M
Inventory $- $- $- $- $9.16M $-1 $- $1.60M $-20.03M $15.70M $- $- $- $- $- $- $- $- $-
Accounts Payables $- $- $- $4.19M $-2.27M $-5.42M $2.92M $13.99M $6.93M $-16.19M $-2.21M $-2.84M $-2.18M $14.66M $87.94K $- $- $- $-
Other Working Capital $4.86M $-80.00K $933.00K $-1.53M $-23.70M $4.25M $7.24M $3.43M $6.14M $-18.93M $-1.25M $17.54M $41.16M $11.66M $27.21M $37.70M $44.21M $30.08M $11.60M
Other Non Cash Items $-15.83M $-1.52M $-3.21M $2.66M $4.05M $-13.92M $-15.50M $88.70M $16.96M $6.24M $-7.04M $129.56M $-12.99M $-663.00K $1.76M $-5.16M $-1.02M $-861.00K $1.13M
Net Cash Provided by Operating Activities $11.93M $11.27M $422.00K $10.01M $8.05M $11.87M $-12.13M $16.80M $59.77M $21.10M $18.41M $43.67M $51.04M $-7.72M $18.22M $41.49M $32.42M $40.00M $6.71M
Investments in Property Plant and Equipment $-145.00K $-79.00K $-59.00K $-360.39K $8.00K $-114.00K $-97.00K $-127.00K $-324.00K $-111.00K $-512.00K $-582.00K $-316.00K $-355.00K $-184.00K $-8.00K $-90.00K $-37.00K $-12.00K
Acquisitions Net $- $- $- $- $509.00K $-2 $1 $-1.00K $-7.06M $1.59M $-66.61M $81.00K $-6.37K $-23.00K $-1.22M $- $- $- $-
Purchases of Investments $- $- $- $-14.42M $-44.01M $-10.07M $-41.38M $-73.24M $-4.05M $-915.90K $-16.59M $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $13.02M $29.90M $-1.77M $35.55M $73.24M $4.05M $915.90K $- $- $- $- $- $- $- $- $-
Other Investing Activities $24.43M $-45.23M $56.09M $-383.65K $-607.00K $-12.68M $-5.29M $-62.93M $-18.03M $-7.72M $-9.94M $-131.00K $282.00K $-282.00K $8.00K $-13.00K $342.00K $179.00K $89.50K
Net Cash Used for Investing Activities $24.28M $-45.30M $56.03M $-2.14M $-14.20M $-12.79M $-5.39M $-63.06M $-25.42M $-6.25M $-77.06M $-632.00K $-34.00K $-660.00K $-1.39M $-21.00K $252.00K $142.00K $-12.00K
Debt Repayment $-1.05M $-112.00K $-287.00K $47.00K $-1.17M $-243.00K $-522.00K $-200.74K $-253.00K $-804.00K $-634.00K $-765.00K $-427.00K $-439.00K $-550.00K $-97.00K $-13.00K $-136.00K $-4.09M
Common Stock Issued $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Repurchased $- $- $-33.11M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $-4.68M $-105.15M $-50.23M $- $-33.83M $-9.67M $-4.95M $-4.09M
Other Financing Activities $-20.00K $-18.00K $-10.18M $-12.00K $-22.00K $69.00K $-91.00K $-75.26K $-25.00K $129.00K $-41.00K $-36.00K $119.66M $-26.00K $-24.00K $-25.00K $-9.00K $-25.00K $1.96M
Net Cash Used Provided by Financing Activities $-1.07M $-130.00K $-43.58M $-82.02K $-1.20M $-174.00K $-613.00K $-276.00K $-278.00K $-675.00K $-675.00K $-5.48M $14.08M $-50.70M $-574.00K $-33.95M $-9.69M $-5.11M $-7.33M
Effect of Forex Changes on Cash $669.00K $287.00K $-47.00K $683.00K $-230.00K $1.35M $-321.00K $1.78M $-1.63M $1.20M $224.00K $-203.00K $-532.00K $60.00K $-899.00K $1.13M $429.00K $354.00K $169.00K
Net Change in Cash $35.81M $-33.87M $12.83M $10.79M $-7.58M $256.00K $-18.45M $-44.75M $32.45M $15.37M $-59.10M $37.35M $64.56M $-59.01M $15.36M $8.65M $23.41M $35.38M $-460.00K
Cash at End of Period $86.57M $50.75M $84.63M $71.80M $61.00M $68.58M $68.33M $86.77M $131.53M $99.08M $83.70M $142.80M $105.45M $40.90M $99.91M $84.56M $75.91M $52.49M $17.11M
Cash at Beginning of Period $50.75M $84.63M $71.80M $61.00M $68.58M $68.33M $86.77M $131.53M $99.08M $83.70M $142.80M $105.45M $40.90M $99.91M $84.56M $75.91M $52.50M $17.11M $17.57M
Operating Cash Flow $11.93M $11.27M $422.00K $10.01M $8.05M $11.87M $-12.13M $16.80M $59.77M $21.10M $18.41M $43.67M $51.04M $-7.72M $18.22M $41.49M $32.42M $40.00M $6.71M
Capital Expenditure $-145.00K $-79.00K $-59.00K $-360.39K $8.00K $-114.00K $-97.00K $-127.00K $-324.00K $-111.00K $-512.00K $-582.00K $-316.00K $-355.00K $-184.00K $-8.00K $-90.00K $-37.00K $-12.00K
Free Cash Flow $11.79M $11.20M $363.00K $9.65M $8.05M $11.76M $-12.23M $16.68M $59.45M $20.98M $17.90M $43.09M $50.73M $-8.07M $18.04M $41.48M $32.33M $39.96M $6.70M

GDEV Dividends

Explore GDEV's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

-

Dividend Payout Ratio

-

Dividend Paid & Capex Coverage Ratio

65.13x

GDEV Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$3.31 $3.31 March 12, 2025 March 03, 2025 February 21, 2025
$0 $0 March 03, 2025

GDEV News

Read the latest news about GDEV, including recent articles, headlines, and updates.

GDEV Inc. (GDEV) Upgraded to Buy: What Does It Mean for the Stock?

GDEV Inc. (GDEV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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GDEV Inc. (GDEV) Soars 20.2%: Is Further Upside Left in the Stock?

GDEV Inc. (GDEV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

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GDEV Provides Clarification In Respect Of Previously Announced Special Cash Dividend

LIMASSOL, Cyprus, Feb. 25, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today issued a clarification in respect of its previously announced one-time, nonrecurring special cash dividend of $3.31 per share, payable on March 11, 2025, to the Company's shareholders of record as of the close of business on March 3, 2025. According to Nasdaq, the ex-dividend date for Nasdaq trading will be March 12, 2025.

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GDEV Inc. (GDEV) Moves 46.6% Higher: Will This Strength Last?

GDEV Inc. (GDEV) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

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GDEV Declares One-Time, Nonrecurring Special Cash Dividend of $3.31 Per Share

LIMASSOL, Cyprus, Feb. 21, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today announced that its Board of Directors has authorized and approved a one-time, nonrecurring special cash dividend of $3.31 per share, representing a yield of approximately 20% based on the volume-weighted average price of the Company's shares for the last 30 trading days prior to today's announcement. The special dividend is payable on March 11, 2025, to the Company's shareholders of record as of the close of business on March 3, 2025.

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GDEV Aligns Leadership as Founder and CEO Andrey Fadeev Appointed Chairperson of the Board

GDEV Inc. announces the appointment of Andrey Fadeev, GDEV's founder and CEO and a member of the Company's Board of Directors, as Chairperson of the Board.

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3 Gaming Stocks Set to Capitalize on Promising Industry Trends

Robust online betting demand bodes well for the Gaming industry. Stocks like FLUT, GME and GDEV benefit from improving industry trends.

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GDEV Inc. (GDEV) Loses -15.68% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

GDEV Inc. (GDEV) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

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Is GDEV Inc. (GDEV) Stock Outpacing Its Consumer Discretionary Peers This Year?

Here is how GDEV Inc. (GDEV) and Paramount Global (PARAA) have performed compared to their sector so far this year.

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GDEV Inc. (GDEV) Q3 2024 Earnings Call Transcript

GDEV Inc. (NASDAQ:GDEV ) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants Andrey Fadeev - Founder and Chief Executive Officer Alexander Karavaev - Chief Financial Officer Roman Safiyulin - Chief Corporate Development Officer Conference Call Participants Pat McCann - Noble Capital Markets Edward James - Cantor Fitzgerald Martin Yang - Oppenheimer & Co. Michael Kupinski - Noble Capital Markets Operator Good day and thank you for standing by. Welcome to the GDEV Third Quarter 2024 Earnings Conference Call.

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GDEV Inc. (GDEV) Tops Q3 Earnings and Revenue Estimates

GDEV Inc. (GDEV) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $1.20 per share a year ago.

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GDEV Announces Unaudited Results for the Third quarter and the First Nine Months of 2024

LIMASSOL, Cyprus, Nov. 14, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the third quarter and first nine months ended September 30, 2024. GDEV CEO, Andrey Fadeev noted: ”In Q3, despite industry pressure, we delivered sequential revenue growth.

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GDEV Surges 23% in a Month: Is it too Late to Buy the Stock?

GDEV's strategic focus on operational efficiency, sustainable growth and disciplined user acquisition is driving investor confidence.

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3 Must-Buy Gaming Stocks to Thrive on Promising Market Trends

Robust online betting demand bodes well for the Gaming industry. Stocks like FLUT, DDI and GDEV benefit from an improving industry trend.

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Is GDEV Inc. (GDEV) Outperforming Other Consumer Discretionary Stocks This Year?

Here is how GDEV Inc. (GDEV) and H&R Block (HRB) have performed compared to their sector so far this year.

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GDEV Inc (GDEV) Shares Up 5.54% on Oct 2

Shares of GDEV Inc (GDEV, Financial) surged 5.54% in mid-day trading on Oct 2. The stock reached an intraday high of $34.99, before settling at $34.85, up from its previous close of $33.02.

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GDEV Inc. (GDEV) Surges 34.7%: Is This an Indication of Further Gains?

GDEV Inc. (GDEV) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

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GDEV Announces an At-The-Market Offering

LIMASSOL, Cyprus, Sept. 12, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces today that it has entered into a Sales Agreement (the “Sales Agreement”) with Cantor Fitzgerald & Co. (“Cantor”) and Oppenheimer & Co. Inc. (“Oppenheimer,” and together with Cantor, the “Agents”), under which we may offer and sell, from time to time, 1,757,026 ordinary shares, no par value, of the Company, held in treasury (the “Shares”), through a designated Agent in an “at the market offering” (the “ATM Offering”), as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933.

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GDEV Inc. (GDEV) Q2 2024 Earnings Call Transcript

GDEV Inc. (NASDAQ:GDEV ) Q2 2024 Earnings Conference Call September 4, 2024 9:00 AM ET Company Participants Andrey Fadeev - Founder, Chief Executive Officer Alexander Karavaev - Chief Financial Officer Roman Safiyulin - Chief Corporate Development Officer Conference Call Participants Martin Yang - Oppenheimer Vinay Bhardwaj - Cantor Fitzgerald Papy Bakayoko - Gestion Cristallin Operator Good day! And thank you for standing by.

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GDEV Inc. to Announce Second Quarter 2024 Financial Results on September 4, 2024

LIMASSOL, Cyprus, Aug. 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces that its financial results for the second quarter ended June 30, 2024 will be released at 8:00 a.m. (Eastern Time) on Wednesday, September 4, 2024.

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GDEV announces preliminary unaudited results for the first quarter 2024

LIMASSOL, Cyprus, May 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its preliminary unaudited financial and operational results for the first quarter ended March 31, 2024. Financial highlights: First quarter 2024: Revenue of $107 million decreased by 10% year-over-year.

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GDEV Inc. to Announce First Quarter 2024 Financial Results on May 28, 2024

LIMASSOL, Cyprus, May 22, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces that its financial results for the first quarter ended March 31, 2024 will be released at 4:00 p.m. (Eastern Time) on Tuesday, May 28, 2024.

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GDEV announces preliminary unaudited results for the fourth quarter and full year 2023

LIMASSOL, Cyprus, March 19, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its preliminary unaudited financial and operational results for the fourth quarter and full year ended December 31, 2023. Financial highlights: Fourth quarter 2023: Revenue of $109 million increased by 10% year-over-year.

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GDEV announces final results of previously announced self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

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GDEV announces commencement of self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

Limassol, Cyprus, Dec. 19, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today announced the commencement of a tender offer by the Company to purchase for cash a minimum of 15,000,000 of its ordinary shares, no par value per ordinary share (each, a “share”) (the “Minimum Tender Condition”), up to a maximum of 20,000,000 shares, at a purchase price of $2.00 per share, net to the seller in cash, without interest, less any applicable withholding taxes, using funds available from cash and cash equivalents. The tender offer, proration period and withdrawal rights will expire at 5:00 p.m., Eastern Time, on January 18, 2024, unless the tender offer is extended (such date and time, as it may be extended, the “Expiration Time”). The board of directors of the Company (the “Board of Directors”) determined that the tender offer is a prudent use of the Company's financial resources given its current capitalization, cash balance and operational business profile, and that the tender offer presents an appropriate balance between meeting the needs of its business and delivering value to the Company's shareholders. The Board of Directors also determined that a cash tender offer is an appropriate mechanism to return capital to shareholders that seek liquidity under current market conditions while, at the same time, allowing shareholders to share in a higher portion of the Company's future potential.

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GDEV Announces Results for Third Quarter and First Nine Months of 2023

Limassol, Cyprus, Nov. 21, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the third quarter and nine months ended September 30, 2023.

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GDEV Announces Global Release Of Its Casual Game Island Hoppers

LIMASSOL, CYPRUS, Oct. 27, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces the global release of its game Island Hoppers (formerly known as Island Questaway) following the successful completion of its soft launch. During the soft launch period that started in November 2021, the game exhibited remarkable growth, accumulating over $30 million in bookings and more than 12 million downloads worldwide. It already placed 7th in the Farming games category by revenue and is now ranked 5th in terms of downloads1.

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Pixel Gun 3D to Debut on PC in Q1 2024

Limassol, Oct. 05, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces the planned release of Pixel Gun 3D on Steam in Q1 2024.

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GDEV Demonstrates Ongoing Commitment to Best Sustainability Practices

Limassol, Cyprus, Sept. 22, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its second Sustainability Report, with examples of the company's strategic resilience in 2022 and committing to carbon neutrality by 2030 across its Scope 2 emissions.

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GDEV announces results for the second quarter and first half of 2023

LIMASSOL, CYPRUS, Aug. 28, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the second quarter and first half of the year ended June 30, 2023.

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B
i3 Interactive Inc.

BLITF

Price: $0.01

Market Cap: $333.67M

B
Bragg Gaming Group Inc.

BRAG

Price: $4.07

Market Cap: $101.90M

D
DoubleDown Interactive Co., Ltd.

DDI

Price: $9.82

Market Cap: $9.73B

G
Engine Gaming and Media, Inc.

GAME

Price: $0.77

Market Cap: $29.96M

G
Golden Matrix Group, Inc.

GMGI

Price: $2.10

Market Cap: $277.38M

M
PLAYSTUDIOS, Inc.

MYPS

Price: $1.27

Market Cap: $158.75M

P
Playtika Holding Corp.

PLTK

Price: $5.14

Market Cap: $1.93B

S
SciPlay Corporation

SCPL

Price: $22.95

Market Cap: $495.60M

S
Snail, Inc. Class A Common Stock

SNAL

Price: $1.10

Market Cap: $40.75M

S
Sohu.com Limited

SOHU

Price: $9.67

Market Cap: $290.73M

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