Financial Snapshot

Revenue
$443.2M
TTM
Gross Margin
66.34%
TTM
Net Earnings
$48.05M
TTM
Current Assets
$162.9M
Q2 2024
Current Liabilities
$281.1M
Q2 2024
Current Ratio
57.95%
Q2 2024
Total Assets
$282.8M
Q2 2024
Total Liabilities
$401.5M
Q2 2024
Book Value
-$118.7M
Q2 2024
Cash
$50.75M
Q2 2024
P/E
8.817
Nov 29, 2024 EST
Free Cash Flow
$29.23M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $464.5M $479.7M $434.1M $260.9M $93.81M
YoY Change -3.16% 10.5% 66.39% 178.1%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $464.5M $479.7M $434.1M $260.9M $93.81M
Cost Of Revenue $160.7M $173.7M $136.2M $92.55M $44.49M
Gross Profit $303.9M $306.0M $297.9M $168.3M $49.32M
Gross Profit Margin 65.41% 63.8% 68.63% 64.52% 52.57%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $256.1M $181.8M $288.1M $169.3M $84.37M
YoY Change 40.88% -36.92% 70.22% 100.62%
% of Gross Profit 84.27% 59.39% 96.71% 100.55% 171.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.276M $6.901M $2.540M $561.0K $286.0K
YoY Change -9.06% 171.69% 352.76% 96.15%
% of Gross Profit 2.07% 2.26% 0.85% 0.33% 0.58%
Operating Expenses $265.5M $223.8M $295.7M $170.0M $85.08M
YoY Change 18.63% -24.32% 73.96% 99.83%
Operating Profit $38.36M $82.22M $2.182M -$1.667M -$35.76M
YoY Change -53.34% 3668.19% -230.89% -95.34%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $61.00K $116.0K -$2.900M $1.953M $327.0K
YoY Change -47.41% -104.0% -248.49% 497.25%
% of Operating Profit 0.16% 0.14% -132.91%
Other Income/Expense, Net $11.70M $2.411M $9.839M -$175.0K -$87.00K
YoY Change 385.32% -75.5% -5722.29% 101.15%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income $49.99M $11.17M -$116.3M $111.0K -$35.52M
YoY Change 347.57% -109.6% -104890.09% -100.31%
Income Tax $3.879M $3.760M $1.127M $862.0K $7.000K
% Of Pretax Income 7.76% 33.66% 776.58%
Net Earnings $46.12M $7.410M -$117.5M -$751.0K -$35.53M
YoY Change 522.33% -106.31% 15539.81% -97.89%
Net Earnings / Revenue 9.93% 1.54% -27.06% -0.29% -37.87%
Basic Earnings Per Share
Diluted Earnings Per Share $0.23 $0.04 -$597.7K -$3.821K -$180.8K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $156.0M $137.1M $142.8M $84.56M
YoY Change 13.78% -3.97% 68.88%
Cash & Equivalents $71.80M $86.77M $142.8M $84.56M
Short-Term Investments $84.24M $50.37M
Other Short-Term Assets $9.042M $8.825M $5.597M $5.182M
YoY Change 2.46% 57.67% 8.01%
Inventory
Prepaid Expenses
Receivables $45.44M $41.87M $41.68M $30.72M
Other Receivables $3.359M $1.028M $1.075M $217.0K
Total Short-Term Assets $213.9M $188.9M $191.1M $120.7M
YoY Change 13.24% -1.19% 58.4%
Property, Plant & Equipment $4.066M $2.248M $3.402M $1.215M
YoY Change 80.87% -33.92% 180.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $18.07M $17.90M
YoY Change 0.96%
Other Assets $74.23M $94.90M $116.7M $89.59M
YoY Change -21.78% -18.66% 30.23%
Total Long-Term Assets $106.7M $133.2M $121.8M $90.88M
YoY Change -19.9% 9.31% 34.06%
Total Assets $320.6M $322.0M $313.0M $211.6M
YoY Change
Accounts Payable $21.71M $22.30M $16.19M $9.793M
YoY Change -2.63% 37.7% 65.33%
Accrued Expenses $5.289M $4.495M $3.024M $1.761M
YoY Change 17.66% 48.64% 71.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $49.00K
YoY Change -100.0%
Long-Term Debt Due $1.458M $743.0K $831.0K $293.0K
YoY Change 96.23% -10.59% 183.62%
Total Short-Term Liabilities $302.8M $332.4M $322.8M $233.4M
YoY Change -8.92% 2.97% 38.3%
Long-Term Debt $983.0K $444.0K $1.103M $818.0K
YoY Change 121.4% -59.75% 34.84%
Other Long-Term Liabilities $116.6M $138.0M $150.1M $79.22M
YoY Change -15.48% -8.08% 89.48%
Total Long-Term Liabilities $117.6M $138.4M $151.2M $80.04M
YoY Change -15.04% -8.46% 88.92%
Total Liabilities $420.4M $470.8M $474.1M $313.5M
YoY Change -10.72% -0.69% 51.24%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $423.6 Million

About GDEV Inc.

GDEV Inc is a CY-based company operating in Entertainment industry. GDEV Inc is a Cyprus-based global digital gaming company. The company is a gaming and entertainment powerhouse, focused on growing and enhancing its portfolio of studios. The firm builds mobile, web and social games for millions of players globally, that are free of charge. GDEV’s core product - Hero Wars, offers a suite of games across mobile, social and web-based platforms. The Company’s portfolio includes Nexters, that specializes in role-playing games (RPGs) and simulators, including Hero Wars Alliance; Cubic Games, specializing in shooters and action games; Royal Ark, specializing in idle and adventure games, such as Idle Zombie Miner: Gold Tycoon; as well as Game Gears, that specializes in developing hybrid casual games and places an emphasis on research and development.

Industry: Services-Computer Programming Services Peers: