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Side-by-side financial comparison of GDEV Inc. (GDEV) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $77.7M, roughly 1.5× Prairie Operating Co.). GDEV Inc. runs the higher net margin — 13.9% vs 1.7%, a 12.2% gap on every dollar of revenue.

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...

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

GDEV vs PROP — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.5× larger
GDEV
$119.9M
$77.7M
PROP
Higher net margin
GDEV
GDEV
12.2% more per $
GDEV
13.9%
1.7%
PROP

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
GDEV
GDEV
PROP
PROP
Revenue
$119.9M
$77.7M
Net Profit
$16.6M
$1.3M
Gross Margin
Operating Margin
15.5%
34.8%
Net Margin
13.9%
1.7%
Revenue YoY
13.3%
Net Profit YoY
13.0%
111.3%
EPS (diluted)
$0.90
$-0.44

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
PROP
PROP
Q3 25
$77.7M
Q2 25
$119.9M
$68.1M
Q1 25
$13.6M
Q3 24
$0
Q2 24
$105.8M
Q3 23
$458.0K
Q2 23
$114.9M
$179.3K
Q4 22
$0
Net Profit
GDEV
GDEV
PROP
PROP
Q3 25
$1.3M
Q2 25
$16.6M
$35.7M
Q1 25
$-2.6M
Q3 24
$-11.4M
Q2 24
$14.7M
Q3 23
$-34.4M
Q2 23
$19.5M
$-21.1M
Q4 22
$-8.0M
Operating Margin
GDEV
GDEV
PROP
PROP
Q3 25
34.8%
Q2 25
15.5%
27.8%
Q1 25
12.9%
Q3 24
Q2 24
14.4%
Q3 23
-1379.0%
Q2 23
12.9%
-1593.5%
Q4 22
Net Margin
GDEV
GDEV
PROP
PROP
Q3 25
1.7%
Q2 25
13.9%
52.4%
Q1 25
-19.3%
Q3 24
Q2 24
13.9%
Q3 23
-7515.2%
Q2 23
17.0%
-11792.9%
Q4 22
EPS (diluted)
GDEV
GDEV
PROP
PROP
Q3 25
$-0.44
Q2 25
$0.90
$0.18
Q1 25
$-3.49
Q3 24
$-0.68
Q2 24
$0.81
Q3 23
$-5.24
Q2 23
$0.99
$-5.39
Q4 22

Balance Sheet & Financial Strength

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

Metric
GDEV
GDEV
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$41.6M
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-129.4M
$101.8M
Total Assets
$210.2M
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
PROP
PROP
Q3 25
$10.6M
Q2 25
$41.6M
$10.7M
Q1 25
$15.0M
Q3 24
$40.1M
Q2 24
$50.8M
Q3 23
$7.2M
Q2 23
$68.6M
$8.6M
Q4 22
$79.8K
Total Debt
GDEV
GDEV
PROP
PROP
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q3 24
Q2 24
Q3 23
Q2 23
$2.1M
Q4 22
Stockholders' Equity
GDEV
GDEV
PROP
PROP
Q3 25
$101.8M
Q2 25
$-129.4M
$94.2M
Q1 25
$34.0M
Q3 24
$61.3M
Q2 24
$-118.7M
Q3 23
$-64.0M
Q2 23
$-135.8M
$8.0M
Q4 22
$-6.5M
Total Assets
GDEV
GDEV
PROP
PROP
Q3 25
$939.8M
Q2 25
$210.2M
$858.5M
Q1 25
$775.4M
Q3 24
$107.2M
Q2 24
$282.8M
Q3 23
$40.1M
Q2 23
$302.2M
$16.5M
Q4 22
$1.8M
Debt / Equity
GDEV
GDEV
PROP
PROP
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q3 24
Q2 24
Q3 23
Q2 23
0.27×
Q4 22

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
PROP
PROP
Operating Cash FlowLast quarter
$57.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDEV
GDEV
PROP
PROP
Q3 25
$57.7M
Q2 25
$-7.2M
Q1 25
$16.9M
Q3 24
$2.8M
Q2 24
Q3 23
$-2.9M
Q2 23
$-5.1M
Q4 22
$-306.1K
Capex Intensity
GDEV
GDEV
PROP
PROP
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q3 23
0.0%
Q2 23
Q4 22
Cash Conversion
GDEV
GDEV
PROP
PROP
Q3 25
44.80×
Q2 25
-0.20×
Q1 25
Q3 24
Q2 24
Q3 23
Q2 23
Q4 22

Financial Flow Comparison

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

Revenue Breakdown by Segment

GDEV
GDEV

Segment breakdown not available.

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

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