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Side-by-side financial comparison of GDEV Inc. (GDEV) and MEDALLION FINANCIAL CORP (MFIN). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $70.6M, roughly 1.7× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs 13.9%, a 3.4% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs 13.3%).

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...

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

GDEV vs MFIN — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.7× larger
GDEV
$119.9M
$70.6M
MFIN
Growing faster (revenue YoY)
MFIN
MFIN
+12.1% gap
MFIN
25.4%
13.3%
GDEV
Higher net margin
MFIN
MFIN
3.4% more per $
MFIN
17.3%
13.9%
GDEV

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GDEV
GDEV
MFIN
MFIN
Revenue
$119.9M
$70.6M
Net Profit
$16.6M
$12.2M
Gross Margin
Operating Margin
15.5%
29.3%
Net Margin
13.9%
17.3%
Revenue YoY
13.3%
25.4%
Net Profit YoY
13.0%
20.3%
EPS (diluted)
$0.90
$0.50

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
MFIN
MFIN
Q4 25
$70.6M
Q3 25
$58.7M
Q2 25
$119.9M
$62.6M
Q1 25
$63.0M
Q4 24
$56.3M
Q3 24
$53.3M
Q2 24
$105.8M
$51.0M
Q1 24
$53.3M
Net Profit
GDEV
GDEV
MFIN
MFIN
Q4 25
$12.2M
Q3 25
$7.8M
Q2 25
$16.6M
$11.1M
Q1 25
$12.0M
Q4 24
$10.1M
Q3 24
$8.6M
Q2 24
$14.7M
$7.1M
Q1 24
$10.0M
Operating Margin
GDEV
GDEV
MFIN
MFIN
Q4 25
29.3%
Q3 25
33.2%
Q2 25
15.5%
31.1%
Q1 25
32.1%
Q4 24
32.8%
Q3 24
26.6%
Q2 24
14.4%
24.3%
Q1 24
33.6%
Net Margin
GDEV
GDEV
MFIN
MFIN
Q4 25
17.3%
Q3 25
13.2%
Q2 25
13.9%
17.7%
Q1 25
19.1%
Q4 24
18.0%
Q3 24
16.1%
Q2 24
13.9%
13.9%
Q1 24
18.8%
EPS (diluted)
GDEV
GDEV
MFIN
MFIN
Q4 25
$0.50
Q3 25
$0.32
Q2 25
$0.90
$0.46
Q1 25
$0.50
Q4 24
$0.43
Q3 24
$0.37
Q2 24
$0.81
$0.30
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
GDEV
GDEV
MFIN
MFIN
Cash + ST InvestmentsLiquidity on hand
$41.6M
$136.3M
Total DebtLower is stronger
$216.0M
Stockholders' EquityBook value
$-129.4M
$408.6M
Total Assets
$210.2M
$3.0B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
MFIN
MFIN
Q4 25
$136.3M
Q3 25
$72.5M
Q2 25
$41.6M
$110.4M
Q1 25
$131.5M
Q4 24
$98.2M
Q3 24
$120.6M
Q2 24
$50.8M
$87.7M
Q1 24
$54.8M
Total Debt
GDEV
GDEV
MFIN
MFIN
Q4 25
$216.0M
Q3 25
$215.7M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
Q3 24
$232.0M
Q2 24
$230.8M
Q1 24
$225.6M
Stockholders' Equity
GDEV
GDEV
MFIN
MFIN
Q4 25
$408.6M
Q3 25
$397.4M
Q2 25
$-129.4M
$389.9M
Q1 25
$380.2M
Q4 24
$370.2M
Q3 24
$362.4M
Q2 24
$-118.7M
$354.0M
Q1 24
$349.0M
Total Assets
GDEV
GDEV
MFIN
MFIN
Q4 25
$3.0B
Q3 25
$2.9B
Q2 25
$210.2M
$2.9B
Q1 25
$2.8B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$282.8M
$2.8B
Q1 24
$2.6B
Debt / Equity
GDEV
GDEV
MFIN
MFIN
Q4 25
0.53×
Q3 25
0.54×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.65×

Cash Flow & Capital Efficiency

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

Metric
GDEV
GDEV
MFIN
MFIN
Operating Cash FlowLast quarter
$126.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
10.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDEV
GDEV
MFIN
MFIN
Q4 25
$126.3M
Q3 25
$67.0M
Q2 25
$-10.7M
Q1 25
$36.3M
Q4 24
$108.7M
Q3 24
$24.6M
Q2 24
$27.6M
Q1 24
$32.3M
Cash Conversion
GDEV
GDEV
MFIN
MFIN
Q4 25
10.35×
Q3 25
8.63×
Q2 25
-0.97×
Q1 25
3.02×
Q4 24
10.72×
Q3 24
2.86×
Q2 24
3.89×
Q1 24
3.22×

Financial Flow Comparison

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

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