GDEV Inc. (NASDAQ:GDEV)

GDEV Inc. GDEV

Technology - Electronic Gaming & Multimedia - NASDAQ - CY

Watchlist

$ 9.7

-1.12 %

$ 176 M

Market Cap

7.03

P/E

1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GDEV stock under the worst case scenario is HIDDEN Compared to the current market price of 9.7 USD, GDEV Inc. is HIDDEN

GDEV Intrinsic Value
HIDDEN

SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GDEV stock under the base case scenario is HIDDEN Compared to the current market price of 9.7 USD, GDEV Inc. is HIDDEN

GDEV Intrinsic Value
HIDDEN

SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GDEV stock under the best case scenario is HIDDEN Compared to the current market price of 9.7 USD, GDEV Inc. is HIDDEN

GDEV Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart GDEV

FINANCIALS

Annual
Quarterly

40.5 M OPERATING INCOME

28.5 M OPERATING CASH FLOW

55.9 M INVESTING CASH FLOW

-44.9 M FINANCING CASH FLOW

14.6 M OPERATING INCOME

11.9 M OPERATING CASH FLOW

24.3 M INVESTING CASH FLOW

-1.07 M FINANCING CASH FLOW

Balance Sheet GDEV Inc.

272 M ASSETS
374 M LIABILITIES

Current Assets	180 M
Cash & Short-Term Investments	135 M
Receivables	38.1 M
Other Current Assets	6.71 M
Non-Current Assets	92.6 M
Long-Term Investments	16.1 M
PP&E	2.91 M
Other Non-Current Assets	73.6 M

Current Liabilities	263 M
Accounts Payable	12.9 M
Short-Term Debt	1.28 M
Other Current Liabilities	249 M
Non-Current Liabilities	110 M
Long-Term Debt	18 K
Other Non-Current Liabilities	110 M

EFFICIENCY

Earnings Waterfall GDEV Inc.

Revenue	421 M
Cost Of Revenue	142 M
Gross Profit	279 M
Operating Expenses	238 M
Operating Income	40.5 M
Other Expenses	15 M
Net Income	25.5 M

RATIOS

9.62% OPERATING MARGIN

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis GDEV Inc.

Net Income	25.5 M
Depreciation & Amortization	6.18 M
Capital Expenditures	-438 K
Stock-Based Compensation	1.28 M
Change in Working Capital	-14.4 M
Others	-15 M
Free Cash Flow	28.1 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets GDEV Inc.

GDEV has no price targets from Wall Street.

4. DIVIDEND ANALYSIS

0.00% DIVIDEND YIELD

3.31 USD DIVIDEND PER SHARE

5. COMPETITION

Engine Gaming and Media, Inc., together with its subsidiaries, engages in the development and sale of gaming applications. The company provides e-sport or sporting event or tournament services; offers content management system, video software, mobile applications, and e-sports data platform solutions; sources, creates, and places advertising campaigns that run the company's network of publisher sites; and provides installation and website design services, as well as data analysis report delivery services.

-63.1 USD

GAME

Overvalued 10122.22%

Bragg Gaming Group Inc. operates as a technology and content supplier to the gaming industry worldwide. The company provides business-to-business online gaming solutions.

3.7 USD

BRAG

Undervalued 1.29%

Snail, Inc., together with its subsidiaries, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets.

221 USD

SNAL

Undervalued 31049.84%

Sohu.com Limited provides online media, video, and game products and services on PCs and mobile devices in China. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, and ifox, a PC video application.

-7.81 USD

SOHU

Overvalued 171.69%

Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe.

6. Ownership

Insider Ownership GDEV Inc.

Summary
Transactions

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
No data available in table

7. News

GDEV Provides Clarification In Respect Of Previously Announced Special Cash Dividend LIMASSOL, Cyprus, Feb. 25, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today issued a clarification in respect of its previously announced one-time, nonrecurring special cash dividend of $3.31 per share, payable on March 11, 2025, to the Company's shareholders of record as of the close of business on March 3, 2025. According to Nasdaq, the ex-dividend date for Nasdaq trading will be March 12, 2025. globenewswire.com - 1 month ago

GDEV Inc. (GDEV) Moves 46.6% Higher: Will This Strength Last? GDEV Inc. (GDEV) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term. zacks.com - 1 month ago

GDEV Declares One-Time, Nonrecurring Special Cash Dividend of $3.31 Per Share LIMASSOL, Cyprus, Feb. 21, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today announced that its Board of Directors has authorized and approved a one-time, nonrecurring special cash dividend of $3.31 per share, representing a yield of approximately 20% based on the volume-weighted average price of the Company's shares for the last 30 trading days prior to today's announcement. The special dividend is payable on March 11, 2025, to the Company's shareholders of record as of the close of business on March 3, 2025. globenewswire.com - 1 month ago

GDEV Aligns Leadership as Founder and CEO Andrey Fadeev Appointed Chairperson of the Board GDEV Inc. announces the appointment of Andrey Fadeev, GDEV's founder and CEO and a member of the Company's Board of Directors, as Chairperson of the Board. globenewswire.com - 2 months ago

3 Gaming Stocks Set to Capitalize on Promising Industry Trends Robust online betting demand bodes well for the Gaming industry. Stocks like FLUT, GME and GDEV benefit from improving industry trends. zacks.com - 3 months ago

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 - 4 months 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 - 5 months 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 - 5 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 - 5 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 - 5 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 - 6 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 - 6 months ago

8. Profile Summary

GDEV Inc. GDEV

COUNTRY CY

INDUSTRY Electronic Gaming & Multimedia

MARKET CAP $ 176 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. Alexander Karavaev Chief Financial Officer

Price Chart GDEV

GDEV Inc. GDEV

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Unlimited Plan

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