GDEV Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $192.8M
- Price
- $10.63
- % Change (Daily % change from the live per-ticker quote feed.)
- -5.13%
- Volume
- 3.2K
About
GDEV Inc. operates as a global interactive entertainment firm, specializing in the development and provision of a diverse portfolio of digital games. Its offerings span various platforms, including desktop computers, mobile devices, web browsers, and social networks, reaching audiences across the United States, Europe, Asia, and other international markets. The company, which traces its origins back to its establishment in 2010, was formerly known as Nexters Inc. before officially rebranding to GDEV Inc. in June 2023. Its corporate headquarters are situated in Limassol, Cyprus.
Quick stats
Shares outstanding18.2M
Computed float2.3M
Float / shares12.8%
Key info
SectorTechnology
IndustryElectronic Gaming & Multimedia
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001848739
Websitehttps://gdev.inc
AI Summary
AI-generated1/3
standardmixedearnings
GDEV announces results for the second quarter and first half of 2026
GDEV reported Q2 revenue of $94 million, down 22% year-over-year, driven by a 21% decline in bookings and a 23% drop in monthly paying users.
Despite the top-line contraction, net profit increased to $20 million from $17 million in the prior year, supported by a 38% reduction in selling and marketing expenses and positive operating cash flow of $10 million.
The company also executed an asset sale, divesting the 'Island Hoppers' mobile game and related IP for a total consideration of $5.0 million.
Red flags
- Revenue declined 22% year-over-year
- Bookings declined 21% year-over-year
- Monthly paying users declined 23% year-over-year