GDEV Inc.GDEVEarnings & Financial Report
GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...
Revenue
$114.9M
Gross Profit
N/A
Operating Profit
$14.8M
Net Profit
$19.5M
Gross Margin
N/A
Operating Margin
12.9%
Net Margin
17.0%
YoY Growth
-8.7%
EPS
$0.99
GDEV Inc. Q2 FY2023 Financial Summary
GDEV Inc. reported revenue of $114.9M (down 8.7% YoY) for Q2 FY2023, with a net profit of $19.5M (down 33.4% YoY) (17.0% margin).
Key Financial Metrics
| Total Revenue | $114.9M |
|---|---|
| Net Profit | $19.5M |
| Gross Margin | N/A |
| Operating Margin | 12.9% |
| Report Period | Q2 FY2023 |
GDEV Inc. Quarterly Revenue & Net Profit History
GDEV Inc. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2025 | $119.9M | +13.3% | $16.6M | 13.9% |
| Q2 FY2024 | $105.8M | -7.9% | $14.7M | 13.9% |
| Q2 FY2023 | $114.9M | -8.7% | $19.5M | 17.0% |
| Q2 FY2022 | $125.8M | — | $29.3M | 23.3% |
Income Statement
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Revenue | $125.8M | $114.9M | $105.8M | $119.9M |
| YoY Growth | N/A | -8.7% | -7.9% | 13.3% |
Balance Sheet
| Q2 2022 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|
| Assets | $373.3M | $302.2M | $282.8M | $210.2M |
| Liabilities | $478.5M | $437.9M | $401.5M | $339.6M |
| Equity | $-105.2M | $-135.8M | $-118.7M | $-129.4M |
Cash Flow
| Q2 2022 | |
|---|---|
| Operating CF | $21.1M |