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Side-by-side financial comparison of GDEV Inc. (GDEV) and LSI INDUSTRIES INC (LYTS). Click either name above to swap in a different company.

LSI INDUSTRIES INC is the larger business by last-quarter revenue ($143.9M vs $119.9M, roughly 1.2× GDEV Inc.). GDEV Inc. runs the higher net margin — 13.9% vs 1.4%, a 12.5% gap on every dollar of revenue. On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs -4.4%).

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...

LSI Logic Corporation was an American ASIC and EDA company founded in Santa Clara, California. The company designed and sold semiconductors and software that accelerated storage and networking in data centers, mobile networks and client computing.

GDEV vs LYTS — Head-to-Head

Bigger by revenue
LYTS
LYTS
1.2× larger
LYTS
$143.9M
$119.9M
GDEV
Growing faster (revenue YoY)
GDEV
GDEV
+17.7% gap
GDEV
13.3%
-4.4%
LYTS
Higher net margin
GDEV
GDEV
12.5% more per $
GDEV
13.9%
1.4%
LYTS

Income Statement — Q2 FY2025 vs Q1 FY2027

Metric
GDEV
GDEV
LYTS
LYTS
Revenue
$119.9M
$143.9M
Net Profit
$16.6M
$2.0M
Gross Margin
Operating Margin
15.5%
Net Margin
13.9%
1.4%
Revenue YoY
13.3%
-4.4%
Net Profit YoY
13.0%
-4.8%
EPS (diluted)
$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
GDEV
GDEV
LYTS
LYTS
Q3 26
$143.9M
Q1 26
$143.9M
Q4 25
$147.0M
Q3 25
$157.2M
Q2 25
$119.9M
$155.1M
Q1 25
$132.5M
Q4 24
$147.7M
Q3 24
$138.1M
Net Profit
GDEV
GDEV
LYTS
LYTS
Q3 26
$2.0M
Q1 26
$2.0M
Q4 25
$6.3M
Q3 25
$7.3M
Q2 25
$16.6M
$8.2M
Q1 25
$3.9M
Q4 24
$5.6M
Q3 24
$6.7M
Gross Margin
GDEV
GDEV
LYTS
LYTS
Q3 26
Q1 26
Q4 25
25.5%
Q3 25
25.6%
Q2 25
26.1%
Q1 25
24.8%
Q4 24
23.6%
Q3 24
24.4%
Operating Margin
GDEV
GDEV
LYTS
LYTS
Q3 26
Q1 26
Q4 25
6.0%
Q3 25
7.0%
Q2 25
15.5%
7.7%
Q1 25
4.7%
Q4 24
5.7%
Q3 24
6.6%
Net Margin
GDEV
GDEV
LYTS
LYTS
Q3 26
1.4%
Q1 26
1.4%
Q4 25
4.3%
Q3 25
4.6%
Q2 25
13.9%
5.3%
Q1 25
2.9%
Q4 24
3.8%
Q3 24
4.8%
EPS (diluted)
GDEV
GDEV
LYTS
LYTS
Q3 26
Q1 26
Q4 25
$0.20
Q3 25
$0.23
Q2 25
$0.90
$0.26
Q1 25
$0.13
Q4 24
$0.18
Q3 24
$0.22

Balance Sheet & Financial Strength

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

Metric
GDEV
GDEV
LYTS
LYTS
Cash + ST InvestmentsLiquidity on hand
$41.6M
Total DebtLower is stronger
$261.0M
Stockholders' EquityBook value
$-129.4M
$352.8M
Total Assets
$210.2M
$800.5M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
LYTS
LYTS
Q3 26
Q1 26
Q4 25
$6.4M
Q3 25
$7.1M
Q2 25
$41.6M
$3.5M
Q1 25
$4.3M
Q4 24
$4.7M
Q3 24
$7.0M
Total Debt
GDEV
GDEV
LYTS
LYTS
Q3 26
$261.0M
Q1 26
$261.0M
Q4 25
$27.9M
Q3 25
$50.7M
Q2 25
$48.6M
Q1 25
$55.4M
Q4 24
$38.2M
Q3 24
$47.7M
Stockholders' Equity
GDEV
GDEV
LYTS
LYTS
Q3 26
$352.8M
Q1 26
$352.8M
Q4 25
$248.1M
Q3 25
$241.3M
Q2 25
$-129.4M
$230.7M
Q1 25
$221.7M
Q4 24
$217.1M
Q3 24
$211.2M
Total Assets
GDEV
GDEV
LYTS
LYTS
Q3 26
$800.5M
Q1 26
$800.5M
Q4 25
$396.3M
Q3 25
$404.9M
Q2 25
$210.2M
$396.4M
Q1 25
$384.6M
Q4 24
$344.5M
Q3 24
$349.5M
Debt / Equity
GDEV
GDEV
LYTS
LYTS
Q3 26
0.74×
Q1 26
0.74×
Q4 25
0.11×
Q3 25
0.21×
Q2 25
0.21×
Q1 25
0.25×
Q4 24
0.18×
Q3 24
0.23×

Financial Flow Comparison

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

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