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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and GDEV Inc. (GDEV). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $107.5M, roughly 1.1× FEDERAL AGRICULTURAL MORTGAGE CORP). On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs 6.1%).

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.

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...

AGM vs GDEV — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.1× larger
GDEV
$119.9M
$107.5M
AGM
Growing faster (revenue YoY)
GDEV
GDEV
+7.2% gap
GDEV
13.3%
6.1%
AGM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
AGM
AGM
GDEV
GDEV
Revenue
$107.5M
$119.9M
Net Profit
$16.6M
Gross Margin
Operating Margin
56.3%
15.5%
Net Margin
13.9%
Revenue YoY
6.1%
13.3%
Net Profit YoY
13.0%
EPS (diluted)
$3.69
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AGM
AGM
GDEV
GDEV
Q4 25
$107.5M
Q3 25
$104.0M
Q2 25
$102.6M
$119.9M
Q1 25
$94.3M
Q4 24
$101.3M
Q3 24
$90.3M
Q2 24
$89.9M
$105.8M
Q1 24
$93.7M
Net Profit
AGM
AGM
GDEV
GDEV
Q4 25
Q3 25
$55.0M
Q2 25
$54.8M
$16.6M
Q1 25
$49.7M
Q4 24
$56.5M
Q3 24
$49.8M
Q2 24
$47.1M
$14.7M
Q1 24
$53.7M
Operating Margin
AGM
AGM
GDEV
GDEV
Q4 25
56.3%
Q3 25
64.1%
Q2 25
63.8%
15.5%
Q1 25
66.9%
Q4 24
67.5%
Q3 24
69.0%
Q2 24
65.9%
14.4%
Q1 24
72.8%
Net Margin
AGM
AGM
GDEV
GDEV
Q4 25
Q3 25
52.9%
Q2 25
53.4%
13.9%
Q1 25
52.6%
Q4 24
55.8%
Q3 24
55.2%
Q2 24
52.4%
13.9%
Q1 24
57.4%
EPS (diluted)
AGM
AGM
GDEV
GDEV
Q4 25
$3.69
Q3 25
$4.44
Q2 25
$4.48
$0.90
Q1 25
$4.01
Q4 24
$4.62
Q3 24
$3.86
Q2 24
$3.68
$0.81
Q1 24
$4.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AGM
AGM
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$41.6M
Total DebtLower is stronger
$30.8B
Stockholders' EquityBook value
$1.7B
$-129.4M
Total Assets
$35.4B
$210.2M
Debt / EquityLower = less leverage
17.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGM
AGM
GDEV
GDEV
Q4 25
Q3 25
Q2 25
$41.6M
Q1 25
Q4 24
Q3 24
$842.1M
Q2 24
$923.0M
$50.8M
Q1 24
$745.1M
Total Debt
AGM
AGM
GDEV
GDEV
Q4 25
$30.8B
Q3 25
$29.2B
Q2 25
$28.9B
Q1 25
$28.0B
Q4 24
$27.5B
Q3 24
$27.2B
Q2 24
$26.8B
Q1 24
$26.8B
Stockholders' Equity
AGM
AGM
GDEV
GDEV
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$1.5B
$-129.4M
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
$-118.7M
Q1 24
$1.5B
Total Assets
AGM
AGM
GDEV
GDEV
Q4 25
$35.4B
Q3 25
$33.4B
Q2 25
$33.0B
$210.2M
Q1 25
$31.8B
Q4 24
$31.3B
Q3 24
$30.6B
Q2 24
$30.2B
$282.8M
Q1 24
$29.8B
Debt / Equity
AGM
AGM
GDEV
GDEV
Q4 25
17.93×
Q3 25
17.31×
Q2 25
18.70×
Q1 25
18.39×
Q4 24
18.48×
Q3 24
18.60×
Q2 24
17.87×
Q1 24
18.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AGM
AGM
GDEV
GDEV
Operating Cash FlowLast quarter
$80.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGM
AGM
GDEV
GDEV
Q4 25
$80.1M
Q3 25
$74.2M
Q2 25
$-47.7M
Q1 25
$-49.8M
Q4 24
$612.6M
Q3 24
$-44.4M
Q2 24
$56.1M
Q1 24
$233.3M
Free Cash Flow
AGM
AGM
GDEV
GDEV
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$607.4M
Q3 24
$-44.4M
Q2 24
$52.6M
Q1 24
$231.7M
FCF Margin
AGM
AGM
GDEV
GDEV
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
599.8%
Q3 24
-49.2%
Q2 24
58.5%
Q1 24
247.3%
Capex Intensity
AGM
AGM
GDEV
GDEV
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
5.2%
Q3 24
0.1%
Q2 24
4.0%
Q1 24
1.7%
Cash Conversion
AGM
AGM
GDEV
GDEV
Q4 25
Q3 25
1.35×
Q2 25
-0.87×
Q1 25
-1.00×
Q4 24
10.84×
Q3 24
-0.89×
Q2 24
1.19×
Q1 24
4.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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