image
Technology - Electronic Gaming & Multimedia - NASDAQ - CY
$ 18.65
0.811 %
$ 338 M
Market Cap
7.61
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one GDEV stock under the worst case scenario is HIDDEN Compared to the current market price of 18.6 USD, GDEV Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one GDEV stock under the base case scenario is HIDDEN Compared to the current market price of 18.6 USD, GDEV Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one GDEV stock under the best case scenario is HIDDEN Compared to the current market price of 18.6 USD, GDEV Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
465 M REVENUE
-3.16%
38.4 M OPERATING INCOME
-64.59%
46.1 M NET INCOME
522.33%
18 M OPERATING CASH FLOW
-84.53%
-32.5 M INVESTING CASH FLOW
81.10%
-1.95 M FINANCING CASH FLOW
-2.31%
106 M REVENUE
-1.10%
15 M OPERATING INCOME
685.83%
14.7 M NET INCOME
1121.74%
11.3 M OPERATING CASH FLOW
2571.56%
-45.3 M INVESTING CASH FLOW
-80.86%
-130 K FINANCING CASH FLOW
99.70%
Balance Sheet GDEV Inc.
image
Current Assets 214 M
Cash & Short-Term Investments 156 M
Receivables 48.8 M
Other Current Assets 9.04 M
Non-Current Assets 107 M
Long-Term Investments 18.1 M
PP&E 4.07 M
Other Non-Current Assets 84.5 M
Current Liabilities 303 M
Accounts Payable 21.7 M
Short-Term Debt 1.46 M
Other Current Liabilities 280 M
Non-Current Liabilities 118 M
Long-Term Debt 983 K
Other Non-Current Liabilities 117 M
EFFICIENCY
Earnings Waterfall GDEV Inc.
image
Revenue 465 M
Cost Of Revenue 161 M
Gross Profit 304 M
Operating Expenses 265 M
Operating Income 38.4 M
Other Expenses -7.75 M
Net Income 46.1 M
RATIOS
65.41% GROSS MARGIN
65.41%
8.26% OPERATING MARGIN
8.26%
9.93% NET MARGIN
9.93%
-46.20% ROE
-46.20%
14.39% ROA
14.39%
-35.45% ROIC
-35.45%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis GDEV Inc.
image
Net Income 46.1 M
Depreciation & Amortization 6.28 M
Capital Expenditures -739 K
Stock-Based Compensation 2.03 M
Change in Working Capital -32.7 M
Others -29.8 M
Free Cash Flow 17.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets GDEV Inc.
image
GDEV has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership GDEV Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
GDEV Inc. (GDEV) Loses -15.68% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner GDEV Inc. (GDEV) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock. zacks.com - 1 month ago
Is GDEV Inc. (GDEV) Stock Outpacing Its Consumer Discretionary Peers This Year? Here is how GDEV Inc. (GDEV) and Paramount Global (PARAA) have performed compared to their sector so far this year. zacks.com - 1 month ago
GDEV Inc. (GDEV) Q3 2024 Earnings Call Transcript GDEV Inc. (NASDAQ:GDEV ) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants Andrey Fadeev - Founder and Chief Executive Officer Alexander Karavaev - Chief Financial Officer Roman Safiyulin - Chief Corporate Development Officer Conference Call Participants Pat McCann - Noble Capital Markets Edward James - Cantor Fitzgerald Martin Yang - Oppenheimer & Co. Michael Kupinski - Noble Capital Markets Operator Good day and thank you for standing by. Welcome to the GDEV Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 2 months ago
GDEV Inc. (GDEV) Tops Q3 Earnings and Revenue Estimates GDEV Inc. (GDEV) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $1.20 per share a year ago. zacks.com - 2 months ago
GDEV Announces Unaudited Results for the Third quarter and the First Nine Months of 2024 LIMASSOL, Cyprus, Nov. 14, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the third quarter and first nine months ended September 30, 2024. GDEV CEO, Andrey Fadeev noted: ”In Q3, despite industry pressure, we delivered sequential revenue growth. globenewswire.com - 2 months ago
GDEV Surges 23% in a Month: Is it too Late to Buy the Stock? GDEV's strategic focus on operational efficiency, sustainable growth and disciplined user acquisition is driving investor confidence. zacks.com - 3 months ago
3 Must-Buy Gaming Stocks to Thrive on Promising Market Trends Robust online betting demand bodes well for the Gaming industry. Stocks like FLUT, DDI and GDEV benefit from an improving industry trend. zacks.com - 3 months ago
Is GDEV Inc. (GDEV) Outperforming Other Consumer Discretionary Stocks This Year? Here is how GDEV Inc. (GDEV) and H&R Block (HRB) have performed compared to their sector so far this year. zacks.com - 3 months ago
GDEV Inc (GDEV) Shares Up 5.54% on Oct 2 Shares of GDEV Inc (GDEV, Financial) surged 5.54% in mid-day trading on Oct 2. The stock reached an intraday high of $34.99, before settling at $34.85, up from its previous close of $33.02. gurufocus.com - 3 months ago
GDEV Inc. (GDEV) Surges 34.7%: Is This an Indication of Further Gains? GDEV Inc. (GDEV) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term. zacks.com - 3 months ago
GDEV Announces an At-The-Market Offering LIMASSOL, Cyprus, Sept. 12, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces today that it has entered into a Sales Agreement (the “Sales Agreement”) with Cantor Fitzgerald & Co. (“Cantor”) and Oppenheimer & Co. Inc. (“Oppenheimer,” and together with Cantor, the “Agents”), under which we may offer and sell, from time to time, 1,757,026 ordinary shares, no par value, of the Company, held in treasury (the “Shares”), through a designated Agent in an “at the market offering” (the “ATM Offering”), as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933. globenewswire.com - 4 months ago
GDEV Inc. (GDEV) Q2 2024 Earnings Call Transcript GDEV Inc. (NASDAQ:GDEV ) Q2 2024 Earnings Conference Call September 4, 2024 9:00 AM ET Company Participants Andrey Fadeev - Founder, Chief Executive Officer Alexander Karavaev - Chief Financial Officer Roman Safiyulin - Chief Corporate Development Officer Conference Call Participants Martin Yang - Oppenheimer Vinay Bhardwaj - Cantor Fitzgerald Papy Bakayoko - Gestion Cristallin Operator Good day! And thank you for standing by. seekingalpha.com - 4 months ago
8. Profile Summary

GDEV Inc. GDEV

image
COUNTRY CY
INDUSTRY Electronic Gaming & Multimedia
MARKET CAP $ 338 M
Dividend Yield 0.00%
Description GDEV Inc. operates as a gaming and entertainment company in the United States, Europe, Asia, and internationally. It develops desktop, mobile, web, and social games. The company was formerly known as Nexters Inc. and changed its name to GDEV Inc. in June 2023. GDEV Inc. was founded in 2010 and is headquartered in Limassol, Cyprus.
Contact 55, Griva Digeni, Limassol, 3101 https://gdev.inc
IPO Date Oct. 5, 2020
Employees 726
Officers Mr. Andrey Fadeev Co-founder, Chief Executive Officer & Director Ms. Olga Loskutova Chief Operating Officer Mr. Alexander Karavaev Chief Financial Officer Yulia Dementieva General Counsel Mr. Roman Safiyulin Chief Corporate Development Officer