Company Overview
GDEV Inc. operates as a digital entertainment developer and publisher, creating and distributing online games across the United States, Europe, Asia, and international markets. The company's core product portfolio centers on titles such as Hero Wars, spanning mobile, social, and web-based platforms within the role-playing game genre. While specific sector and industry classifications are not publicly disclosed in the provided data, the firm employs a workforce of 589 individuals to execute its global publishing strategy. The company reports a trailing twelve-month revenue of $412.02M, yet precise market capitalization figures are unavailable in the current dataset.
Financial Health
GDEV Inc. generated $412.02M in revenue over the trailing twelve months, resulting in a net income of $56.62M and an EBITDA of $72.22M. The significant gap between the $412.02M revenue and the $56.62M net income highlights a substantial cost structure, though the resulting profit margin demonstrates efficient conversion of sales into bottom-line earnings. The company maintains a free cash flow of $8.36M, which indicates a capacity to fund operations and capital expenditures without relying on external financing. Profitability is supported by a gross margin of 65.4%, an operating margin of 25.5%, and a profit margin of 13.7%, all of which suggest strong pricing power and cost control relative to peers. On the balance sheet, the firm holds $90.24M in cash against a total debt load of only $1.30M, creating a highly conservative financial profile. Although the debt-to-equity ratio is listed as N/A due to the lack of equity data, the disparity between available cash and minimal debt suggests limited leverage risk. Liquidity constraints are visible in the current ratio of 0.60, which indicates that current assets are insufficient to cover current liabilities without relying on new funding or asset sales. Management effectiveness is reflected in a return on assets of 16.7%, while return on equity is unavailable due to the absence of shareholder equity data.
Valuation Assessment
The trailing twelve-month P/E ratio is 0.00, while the forward P/E is listed as N/A, reflecting the unusual valuation mechanics often seen in companies with specific accounting treatments or low share prices. The price-to-book ratio is reported as -0.00, indicating that the market valuation does not align with traditional book value metrics in a standard positive sense. Alternative valuation metrics such as the price-to-sales ratio and EV/EBITDA are also unavailable, limiting the ability to compare GDEV Inc. against industry standards using these specific multiples. The stock's 52-week high is $0.01 and the 52-week low is also $0.01, meaning the current trading price is effectively at the boundary of this narrow range with no discernible premium or discount within the historical year. The stock exhibits a beta of 1.24, which signifies that the price volatility is approximately 24% higher than the broader market, suggesting higher sensitivity to market swings.
Growth & Income
Revenue growth year-over-year stands at -11.8%, while earnings growth year-over-year is 67.1%, indicating that profitability is expanding significantly faster than top-line sales. This divergence suggests that the company is improving its efficiency or reducing costs, allowing net income to rise even as revenue contracts. As a non-dividend payer, the company does not distribute a dividend yield or a payout ratio to shareholders, implying that earnings are retained to fund operations or growth initiatives. Consequently, the overall growth and income profile for GDEV Inc. is characterized by declining revenue offset by robust earnings expansion, with no current income stream provided to investors through dividends.