vs

Side-by-side financial comparison of GDEV Inc. (GDEV) and SmartStop Self Storage REIT, Inc. (SMA). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $78.4M, roughly 1.5× SmartStop Self Storage REIT, Inc.). GDEV Inc. runs the higher net margin — 13.9% vs 3.8%, a 10.1% gap on every dollar of revenue. On growth, SmartStop Self Storage REIT, Inc. posted the faster year-over-year revenue change (29.4% 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...

SmartStop Self Storage REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality self-storage properties. Its portfolio covers multiple U.S. states and Canadian provinces, offering secure, flexible storage solutions for residential customers storing personal belongings and commercial clients storing inventory or seasonal goods.

GDEV vs SMA — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.5× larger
GDEV
$119.9M
$78.4M
SMA
Growing faster (revenue YoY)
SMA
SMA
+16.0% gap
SMA
29.4%
13.3%
GDEV
Higher net margin
GDEV
GDEV
10.1% more per $
GDEV
13.9%
3.8%
SMA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GDEV
GDEV
SMA
SMA
Revenue
$119.9M
$78.4M
Net Profit
$16.6M
$3.0M
Gross Margin
61.2%
Operating Margin
15.5%
24.0%
Net Margin
13.9%
3.8%
Revenue YoY
13.3%
29.4%
Net Profit YoY
13.0%
2080.0%
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
SMA
SMA
Q4 25
$78.4M
Q3 25
$70.4M
Q2 25
$119.9M
$66.8M
Q1 25
$65.4M
Q4 24
$60.6M
Q3 24
$60.2M
Q2 24
$105.8M
$59.2M
Q1 24
$57.0M
Net Profit
GDEV
GDEV
SMA
SMA
Q4 25
$3.0M
Q3 25
$5.2M
Q2 25
$16.6M
$-4.8M
Q1 25
$-5.5M
Q4 24
$-150.0K
Q3 24
$-6.2M
Q2 24
$14.7M
$-705.0K
Q1 24
$-1.6M
Gross Margin
GDEV
GDEV
SMA
SMA
Q4 25
61.2%
Q3 25
60.9%
Q2 25
59.3%
Q1 25
64.1%
Q4 24
66.3%
Q3 24
64.8%
Q2 24
66.4%
Q1 24
65.1%
Operating Margin
GDEV
GDEV
SMA
SMA
Q4 25
24.0%
Q3 25
18.1%
Q2 25
15.5%
15.4%
Q1 25
26.3%
Q4 24
29.4%
Q3 24
29.4%
Q2 24
14.4%
29.9%
Q1 24
28.0%
Net Margin
GDEV
GDEV
SMA
SMA
Q4 25
3.8%
Q3 25
7.4%
Q2 25
13.9%
-7.2%
Q1 25
-8.3%
Q4 24
-0.2%
Q3 24
-10.3%
Q2 24
13.9%
-1.2%
Q1 24
-2.9%
EPS (diluted)
GDEV
GDEV
SMA
SMA
Q4 25
Q3 25
$0.09
Q2 25
$0.90
$-0.16
Q1 25
$-0.35
Q4 24
Q3 24
$-0.26
Q2 24
$0.81
$-0.16
Q1 24
$-0.20

Balance Sheet & Financial Strength

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

Metric
GDEV
GDEV
SMA
SMA
Cash + ST InvestmentsLiquidity on hand
$41.6M
$54.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$-129.4M
$1.2B
Total Assets
$210.2M
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
SMA
SMA
Q4 25
$54.2M
Q3 25
$47.8M
Q2 25
$41.6M
$37.7M
Q1 25
$35.2M
Q4 24
$23.1M
Q3 24
$36.7M
Q2 24
$50.8M
$34.7M
Q1 24
$39.2M
Stockholders' Equity
GDEV
GDEV
SMA
SMA
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$-129.4M
$1.2B
Q1 25
$303.0M
Q4 24
$325.7M
Q3 24
$343.9M
Q2 24
$-118.7M
$365.8M
Q1 24
$384.8M
Total Assets
GDEV
GDEV
SMA
SMA
Q4 25
$2.4B
Q3 25
$2.4B
Q2 25
$210.2M
$2.3B
Q1 25
$2.1B
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$282.8M
$1.9B
Q1 24
$1.9B

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
SMA
SMA
Operating Cash FlowLast quarter
$85.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
28.61×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDEV
GDEV
SMA
SMA
Q4 25
$85.0M
Q3 25
$52.1M
Q2 25
$8.0M
Q1 25
$10.6M
Q4 24
$64.0M
Q3 24
$21.7M
Q2 24
$17.3M
Q1 24
$14.4M
Cash Conversion
GDEV
GDEV
SMA
SMA
Q4 25
28.61×
Q3 25
9.96×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GDEV
GDEV

Segment breakdown not available.

SMA
SMA

Self Storage Rental Revenue$62.0M79%
Other$11.9M15%
Ancillary Operating Revenue$2.9M4%
Asset Management1$1.7M2%

Related Comparisons