Company Overview
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.
Why Investors Should Care
Net profit has compounded at 111.7% per year over the last five years.
Trades at a P/E of 3.0, below the sector median of 17.0.
Maintains a net profit margin of 17.1%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $404.35M (-3.9% YoY); net profit $69.33M.
- Trailing 12 Months Year-on-year growth — revenue -7.9%, earnings +171.5%.
- 5-Year Trend Long-term compounding — revenue CAGR -5.5%, profit CAGR 111.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -5.54% |
| 1 Year: | -7.90% |
Compounded Profit Growth
| 5 Years: | 111.74% |
| 1 Year: | 171.52% |
Stock Price Performance
| 1 Year: | -23.65% |
| 6 Months: | -18.49% |
| 3 Months: | -12.02% |
| 1 Month: | -14.99% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)48.05 · Neutral
P/E of 3.04 is below the sector median of 16.99 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 111.7% over 5 years.
- Generates positive free cash flow.
CONS
- Revenue declined at -5.5% CAGR over 5 years.
- Trading 68.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | GDEV GDEV Inc. | 11.46 | 3.04 | $208.00M | 0.00% | - | - | -5.54% | 111.74% |
| 2 | GOOGL Alphabet Inc. NDXSPXR3KAITECH | 338.36 | 16.97 | $1.99T | 0.25% | 26.20% | 48.68% | 17.96% | 21.53% |
| 3 | META Meta Platforms, Inc. NDXSPXR3KAITECH | 613.48 | 23.12 | $1.35T | 0.31% | 25.69% | 29.85% | 19.89% | 37.61% |
| 4 | NFLX Netflix, Inc. NDXSPXR3KAI | 76.77 | 24.14 | $319.67B | 0.00% | 29.87% | 49.54% | 22.30% | 32.79% |
| 5 | VZ Verizon Communications Inc. SPXR3K | 50.41 | 13.13 | $209.44B | 5.86% | 8.56% | 15.84% | 2.33% | 6.90% |
| 6 | TMUS T-Mobile US, Inc. NDXSPXR3K | 181.69 | 19.03 | $194.89B | 2.45% | 9.39% | 17.99% | 22.63% | 28.77% |
| 7 | DIS The Walt Disney Company SPXR3K | 105.06 | 21.66 | $181.41B | 1.43% | 10.74% | 8.01% | 6.96% | 4.12% |
| 8 | T AT&T Inc. SPXR3K | 25.60 | 8.45 | $175.42B | 4.37% | 6.59% | 18.34% | 0.31% | 3.44% |
| 9 | SPOT Spotify Technology S.A. R3KAITECH | 528.64 | 28.81 | $108.70B | 0.00% | 24.61% | 44.48% | 13.59% | - |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2025 |
|---|---|
| Revenue | 119.91M |
| Cost of Revenue | 39.43M |
| Gross Profit | 80.48M |
| Operating Expenses | 61.47M |
| Operating Income | 19.02M |
| EBITDA | 18.86M |
| Interest Expense | 26.00K |
| Pretax Income | 18.22M |
| Tax Provision | 1.60M |
| Net Income | 16.62M |
| Diluted EPS | 0.90 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 479.69M | 464.55M | 420.93M | 404.35M |
| Cost of Revenue | - | 176.98M | 164.61M | 142.02M | 141.41M |
| Gross Profit | - | 302.71M | 299.94M | 278.92M | 262.93M |
| Operating Expenses | - | 185.53M | 255.65M | 238.40M | 191.79M |
| Operating Income | - | 117.18M | 44.28M | 40.52M | 71.14M |
| EBITDA | - | 18.55M | 56.46M | 36.43M | 81.63M |
| Interest Expense | - | 482.00K | 190.00K | 205.00K | 84.00K |
| Pretax Income | - | 11.17M | 49.99M | 30.04M | 74.70M |
| Tax Provision | - | 3.76M | 3.88M | 4.51M | 5.37M |
| Net Income | - | 7.30M | 46.12M | 25.53M | 69.33M |
| Diluted EPS | - | 0.37 | 2.30 | 1.38 | 3.77 |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 63.1% | 64.6% | 66.3% | 65.0% |
| Operating Margin % | - | 24.4% | 9.5% | 9.6% | 17.6% |
| Net Margin % | - | 1.5% | 9.9% | 6.1% | 17.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Mubadala Investment Co PJSC | 2.06% | 374.08K | $4.29M |
| 2 | AdvisorShares Investments, LLC | 0.07% | 12.24K | $140.37K |
| 3 | UBS Group AG | 0.02% | 3.75K | $43.03K |
| 4 | Acadian Asset Management. LLC | 0.01% | 1.05K | $12.07K |
| 5 | Tower Research Capital LLC (TRC) | - | 256 | $2.94K |
| 6 | Morgan Stanley | - | 12 | $137 |
| 7 | Quarry LP | - | 18 | $206 |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for GDEV
GDEV (GDEV) Stock Drops As Profit Growth Fails To Ease Revenue Concerns - simplywall.st
<a href="https://news.google.com/rss/articles/CBMivAFBVV95cUxNVlN3S0xUalRLWFkxREdEUmp1QXVIdE5oRGZPdEo0M2ZERmJNYXhxRkJIdXRvSXJFdURzYzJGTG5GWVdfcUJ5SHlGY3RLeWxpT1JCN08zdFdZMFRVcnFKY3dOcDRENDFkTVpqaWFTcEdUZzJ3VENpR2xuRmpnTm1oMHhXR0ZMWDE0eG5Ean…
GDEV gives shareholders until Sept. 28 to offer shares at $11.03 - Stock Titan
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxQNmVJbWNFTVJEbVNoZjlPbDdSZ0M1ZzFpMlJ0U21Cd0dkQ0hWUkZjZDdLUFFQQS1mcndkYkFrY1FMRXU1bm1uZ2lvaHozOXFlckM4WlVMWE9HYXpVNmlEVUZ3cWFIZWh1NHBEZFdNYTFlMXpFV1VwMjJPVVhBd2R6bFJISUwtVFNaZC1tSF…
(GDEV) as a Liquidity Pulse for Institutional Tactics - Stock Traders Daily
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Should You Think About Buying GDEV Inc. (NASDAQ:GDEV) Now? - finance.yahoo.com
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GDEV Reports Q2 and First Half 2026 Financial and Operational Results - Quiver Quantitative
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GDEV Cuts Marketing to Lift Profit Despite Revenue Drop in First Half 2026 - The Globe and Mail
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GDEV — Frequently Asked Questions
What is the current share price of GDEV Inc. (GDEV)?
As of 2026-09-19 21:16 PDT, GDEV Inc. (GDEV) trades at $11.46 on NasdaqGM. Its 52-week range is $10.62 to $36.20.
What is the market capitalisation of GDEV?
GDEV Inc. (GDEV) has a market capitalisation of $208.00M on NasdaqGM.
What is the P/E ratio of GDEV?
GDEV trades at a trailing price-to-earnings (P/E) ratio of 3.04. The industry average P/E is 16.99. Its price-to-book (P/B) ratio is -2.21.
Is GDEV a good stock to buy?
This page provides a data-driven analysis of GDEV Inc. (GDEV), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.