GDEV Inc. (GDEV) Stock

About GDEV Inc.

GDEV Inc. operates as a global interactive entertainment firm, specializing in the development and provision of a diverse portfolio of digital games. Its offerings span various platforms, including desktop computers, mobile devices, web browsers, and social networks, reaching audiences across the United States, Europe, Asia, and other international markets. The company, which traces its origins back to its establishment in 2010, was formerly known as Nexters Inc. before officially rebranding to GDEV Inc. in June 2023. Its corporate headquarters are situated in Limassol, Cyprus.

GDEV Inc. is led by CEO Anton Reinhold, employs 589 people, headquartered in CY, publicly traded since 2020.

GDEV Inc. (GDEV) stock trades at $9.57 with a market capitalization of $173.41M. The stock is valued at a price-to-earnings (P/E) ratio of 2.66, a negative price-to-book of -3.87, reflecting negative shareholders' equity, price-to-sales of 0.53. Over the past 52 weeks the stock has ranged between $9.57 and $25.76, and currently trades 62.8% below its 52-week high.

On profitability, GDEV Inc. generates a return on equity (ROE) of -88.88% (not meaningful, as shareholders' equity is negative), return on capital employed of 401.56%, an operating margin of 17.57%, a net profit margin of 19.75%.

Official website: gdev.inc

GDEV Inc. by the numbers, 2019–2025

Between 2019 and 2025 GDEV Inc. reported revenue of $94.0M rising to $404.0M, a change of +329.8% across 7 years. Compounded, revenue has grown 9.1% a year over five years, -5.6% over three, -4.0% over the last twelve months. Net profit rose to $69.0M.

Operating margin went from -38.1% in 2019 to 17.6% in 2025, a gain of 55.7 percentage points. The most recent net margin is 19.75%. On a trailing twelve-month basis to Jun '26, revenue is $381.0M and net profit $75.0M.

Borrowings fell from $4.0M to $1.0M, cash on hand is $78.0M, cash from operations was $29.0M in the latest year, positive in 7 of the last 7.

Return on equity has averaged -15.9% over five years, and was -75.8% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

GDEV Inc. (GDEV) — frequently asked questions