Go Pro

GDEV (GDEV) Financials

GDEV logo
$12.10 -0.22 (-1.75%)
Closing price 07/10/2026 03:58 PM Eastern
Extended Trading
$12.20 +0.10 (+0.83%)
As of 07/10/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for GDEV

Annual Income Statements for GDEV

This table shows GDEV's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-142 -4.95 -117 7.40 46 26 69
Consolidated Net Income / (Loss)
-142 -4.95 -117 7.41 46 26 69
Net Income / (Loss) Continuing Operations
-142 -4.95 -117 7.29 46 26 69
Total Pre-Tax Income
-142 -4.09 -116 11 50 30 75
Total Operating Income
-107 -3.33 -0.88 48 46 37 74
Total Gross Profit
50 168 295 302 301 275 266
Total Revenue
94 261 434 481 470 425 408
Operating Revenue
94 261 434 481 470 425 408
Total Cost of Revenue
44 93 139 179 169 150 142
Operating Cost of Revenue
44 93 139 179 169 150 142
Total Operating Expenses
156 172 296 254 256 238 192
Selling, General & Admin Expense
2.61 3.69 23 39 31 32 35
Marketing Expense
82 166 270 153 226 209 159
Other Operating Expenses / (Income)
71 1.67 0.00 -1.33 -2.05 -2.23 -2.12
Total Other Income / (Expense), net
-36 -0.75 -115 -37 4.51 -6.63 0.58
Other Income / (Expense), net
-36 -0.75 -115 -37 4.51 -6.63 0.58
Income Tax Expense
0.01 0.86 1.13 3.76 3.88 4.51 5.37
Weighted Average Basic Shares Outstanding
- - 196.52M 197.09M 197.64M 18.11M 18.15M
Weighted Average Diluted Shares Outstanding
- - 196.52M 197.09M 197.64M 18.11M 18.15M
Weighted Average Basic & Diluted Shares Outstanding
- - 196.52M 197.09M 197.64M 18.11M 18.15M

Quarterly Income Statements for GDEV

No quarterly income statements for GDEV are available.


Annual Cash Flow Statements for GDEV

This table details how cash moves in and out of GDEV's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
14 65 52 -58 124 39 -50
Net Cash From Operating Activities
15 121 213 -3.24 48 29 -19
Net Cash From Continuing Operating Activities
-1.17 121 213 116 48 37 -19
Net Income / (Loss) Continuing Operations
0.00 -0.75 -117 7.41 46 26 69
Consolidated Net Income / (Loss)
- -0.75 -117 7.41 46 26 69
Depreciation Expense
0.29 0.56 2.54 6.90 6.28 6.18 6.85
Non-Cash Adjustments To Reconcile Net Income
6.14 -0.04 218 -9.63 18 14 -53
Changes in Operating Assets and Liabilities, net
-7.60 120 110 -7.93 -22 -8.95 -43
Net Cash From Investing Activities
-0.35 -0.15 -1.16 -55 75 56 24
Net Cash From Continuing Investing Activities
-0.35 -0.15 -1.16 -55 75 56 24
Purchase of Property, Plant & Equipment
-0.10 -0.15 - -0.99 - -0.44 -0.31
Sale and/or Maturity of Investments
- - - 0.00 75 128 24
Net Cash From Financing Activities
-0.16 -55 -160 0.75 0.97 -45 -56
Net Cash From Continuing Financing Activities
-0.16 -55 -160 0.75 0.97 -35 -56
Repayment of Debt
-2.53 -3.47 -0.05 0.75 0.97 -1.59 0.40
Payment of Dividends
-4.12 -52 -160 - 0.00 0.00 -56
Cash Interest Received
- 0.02 0.01 0.00 0.37 - 0.53

Quarterly Cash Flow Statements for GDEV

No quarterly cash flow statements for GDEV are available.


Annual Balance Sheets for GDEV

This table presents GDEV's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
212 313 322 321 272 233
Total Current Assets
121 191 189 214 180 155
Cash & Equivalents
85 143 87 72 111 63
Short-Term Investments
- - 50 84 24 45
Accounts Receivable
33 45 45 52 42 44
Current Deferred & Refundable Income Taxes
- - - 3.35 0.20 0.23
Plant, Property, & Equipment, net
0.17 1.35 0.79 1.15 1.07 0.89
Plant, Property & Equipment, gross
0.17 1.35 0.79 1.15 1.07 0.89
Total Noncurrent Assets
91 120 34 32 24 22
Long-Term Investments
- 0.00 18 18 16 19
Goodwill
0.00 1.50 1.84 1.84 1.84 1.84
Intangible Assets
0.08 0.27 13 8.48 4.42 0.65
Noncurrent Deferred & Refundable Income Taxes
0.00 0.03 0.11 0.12 0.10 0.11
Other Noncurrent Operating Assets
91 119 1.57 3.03 1.95 1.05
Total Liabilities & Shareholders' Equity
212 313 322 321 272 233
Total Liabilities
313 474 471 420 374 324
Total Current Liabilities
17 322 332 303 263 232
Accounts Payable
17 27 31 30 20 25
Current Deferred Revenue
- 295 296 234 223 188
Current Deferred & Payable Income Tax Liabilities
- - 4.25 6.47 3.03 1.83
Other Current Liabilities
- 0.83 0.74 30 16 16
Total Noncurrent Liabilities
308 152 138 118 110 92
Capital Lease Obligations
0.29 1.10 0.44 0.98 0.02 0.31
Noncurrent Deferred Revenue
295 128 97 115 110 91
Other Noncurrent Operating Liabilities
13 22 41 1.28 0.37 0.36
Total Equity & Noncontrolling Interests
-114 -161 -149 -100 -102 -91
Total Preferred & Common Equity
-102 -161 -149 -100 -102 -91
Total Common Equity
-114 -161 -149 -100 -102 -91
Common Stock
0.03 26 24 26 30 30
Retained Earnings
-114 -327 -320 -274 -249 -239
Treasury Stock
- - - 0.00 -33 -33
Other Equity Adjustments
- 141 148 149 150 152

Quarterly Balance Sheets for GDEV

No quarterly balance sheets for GDEV are available.


Annual Metrics And Ratios for GDEV

This table displays calculated financial ratios and metrics derived from GDEV's official financial filings.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
0.00 0.00 196,523,101.00 197,092,402.00 197,641,407.00 - 18,150,489.00
DEI Adjusted Shares Outstanding
0.00 0.00 19,652,310.00 19,709,240.00 19,764,141.00 - 18,150,489.00
DEI Earnings Per Adjusted Shares Outstanding
0.00 0.00 -5.98 0.38 2.33 - 3.82
Growth Metrics
- - - - - - -
Revenue Growth
0.00% 177.40% 66.41% 10.89% -2.38% -9.66% -3.98%
EBITDA Growth
0.00% 97.52% -3,126.45% 115.79% 214.47% -35.95% 125.28%
EBIT Growth
0.00% 97.13% -2,745.53% 109.51% 354.04% -40.25% 148.87%
NOPAT Growth
0.00% 96.88% 73.55% 5,299.73% 31.22% -26.13% 120.83%
Net Income Growth
0.00% 96.52% -2,274.04% 106.31% 522.33% -44.63% 171.52%
EPS Growth
0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth
0.00% 706.63% 76.86% -101.52% 1,572.72% -40.29% -167.84%
Free Cash Flow Firm Growth
0.00% 0.00% -46.98% 27.48% -109.64% 129.10% 492.74%
Invested Capital Growth
0.00% 0.00% -52.71% -33.14% 13.62% 7.87% 14.56%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - - -
Gross Margin
52.69% 64.52% 67.89% 62.78% 64.11% 64.77% 65.20%
EBITDA Margin
-151.04% -1.35% -26.19% 3.73% 12.01% 8.52% 19.98%
Operating Margin
-113.57% -1.28% -0.20% 10.05% 9.72% 8.62% 18.16%
EBIT Margin
-151.34% -1.57% -26.77% 2.30% 10.68% 7.06% 18.30%
Profit (Net Income) Margin
-151.35% -1.90% -27.05% 1.54% 9.81% 6.01% 17.01%
Tax Burden Percent
100.00% 121.10% 100.97% 66.34% 92.24% 84.99% 92.82%
Interest Burden Percent
100.00% 100.00% 100.07% 101.07% 99.63% 100.20% 100.11%
Effective Tax Rate
0.00% 0.00% 0.00% 33.66% 7.76% 15.01% 7.18%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
0.00% 4.34% 85.40% -4.78% -37.10% -25.36% -72.18%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
0.00% -1.93% -44.32% 3.48% 15.62% 10.12% 29.53%
Return on Assets (ROA)
0.00% -2.34% -44.78% 2.33% 14.35% 8.62% 27.44%
Return on Common Equity (ROCE)
0.00% 4.34% 85.42% -4.78% -37.10% -25.36% -72.18%
Return on Equity Simple (ROE_SIMPLE)
0.00% 4.85% 72.90% -4.98% 0.00% -25.15% 0.00%
Net Operating Profit after Tax (NOPAT)
-75 -2.33 -0.62 32 42 31 69
NOPAT Margin
-79.50% -0.89% -0.14% 6.67% 8.96% 7.33% 16.86%
Net Nonoperating Expense Percent (NNEP)
0.00% -6.20% -103.40% -12.47% 1.59% -2.39% 0.30%
Return On Investment Capital (ROIC_SIMPLE)
- - - -21.64% -42.62% -30.66% -76.14%
Cost of Revenue to Revenue
47.31% 35.48% 32.11% 37.22% 35.89% 35.23% 34.80%
SG&A Expenses to Revenue
2.78% 1.41% 5.30% 8.14% 6.69% 7.43% 8.48%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
166.26% 65.80% 68.10% 52.73% 54.40% 56.15% 47.04%
Earnings before Interest and Taxes (EBIT)
-142 -4.09 -116 11 50 30 75
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-142 -3.52 -114 18 56 36 81
Valuation Ratios
- - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.00 0.00 0.00 2.16 0.77 0.75 0.67
Price to Earnings (P/E)
0.00 0.00 0.00 140.24 7.82 12.39 3.92
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 22.07%
Earnings Yield
0.00% 0.00% 0.00% 0.71% 12.79% 8.07% 25.52%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 1.83 0.40 0.39 0.36
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 49.19 3.32 4.57 1.78
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 79.90 3.73 5.52 1.94
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 27.51 4.45 5.32 2.11
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 3.92 5.80 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 6.67 0.00 44.51 6.58
Leverage & Solvency
- - - - - - -
Debt to Equity
0.00 0.00 -0.01 0.00 -0.01 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 -0.01 0.00 -0.01 0.00 0.00
Financial Leverage
0.00 0.74 0.82 1.28 2.02 2.32 2.10
Leverage Ratio
0.00 -1.86 -1.91 -2.05 -2.59 -2.94 -2.63
Compound Leverage Factor
0.00 -1.86 -1.91 -2.07 -2.58 -2.95 -2.63
Debt to Total Capital
0.00% -0.26% -0.69% -0.30% -0.99% -0.02% -0.34%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% -0.26% -0.69% -0.30% -0.99% -0.02% -0.34%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% -0.03% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 100.26% 100.72% 100.30% 100.99% 100.02% 100.34%
Debt to EBITDA
0.00 -0.08 -0.01 0.02 0.02 0.00 0.00
Net Debt to EBITDA
0.00 23.91 1.25 -8.61 -3.07 -4.17 -1.55
Long-Term Debt to EBITDA
0.00 -0.08 -0.01 0.02 0.02 0.00 0.00
Debt to NOPAT
0.00 -0.13 -1.79 0.01 0.02 0.00 0.00
Net Debt to NOPAT
0.00 36.11 229.51 -4.82 -4.11 -4.85 -1.84
Long-Term Debt to NOPAT
0.00 -0.13 -1.79 0.01 0.02 0.00 0.00
Altman Z-Score
0.00 0.00 0.00 1.00 0.97 0.78 1.48
Noncontrolling Interest Sharing Ratio
0.00% 0.00% -0.02% -0.01% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - -
Current Ratio
0.00 7.01 0.59 0.57 0.71 0.68 0.67
Quick Ratio
0.00 6.82 0.58 0.55 0.69 0.67 0.65
Cash Flow Metrics
- - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 196 104 132 -13 3.72 22
Operating Cash Flow to CapEx
14,660.78% 82,057.14% 0.00% -326.36% 0.00% 6,512.56% -6,221.87%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - -
Asset Turnover
0.00 1.23 1.66 1.52 1.46 1.43 1.61
Accounts Receivable Turnover
0.00 7.91 11.12 10.64 9.66 9.03 9.52
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 1,525.68 570.12 450.36 486.53 384.07 417.29
Accounts Payable Turnover
0.00 5.38 6.37 6.28 5.55 5.92 6.26
Days Sales Outstanding (DSO)
0.00 46.13 32.81 34.29 37.77 40.42 38.34
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 67.89 57.33 58.15 65.81 61.63 58.34
Cash Conversion Cycle (CCC)
0.00 -21.75 -24.51 -23.86 -28.04 -21.22 -20.00
Capital & Investment Metrics
- - - - - - -
Invested Capital
0.00 -198 -303 -403 -348 -321 -274
Invested Capital Turnover
0.00 -2.63 -1.73 -1.36 -1.25 -1.27 -1.37
Increase / (Decrease) in Invested Capital
0.00 -198 -104 -100 55 27 47
Enterprise Value (EV)
0.00 0.00 0.00 883 187 165 145
Market Capitalization
0.00 0.00 0.00 1,038 360 316 272
Book Value per Share
$0.00 $0.00 ($0.82) ($0.76) ($0.51) ($0.51) ($5.00)
Tangible Book Value per Share
$0.00 $0.00 ($0.83) ($0.83) ($0.56) ($0.55) ($5.14)
Total Capital
0.00 -114 -160 -148 -99 -102 -90
Total Debt
0.00 0.29 1.10 0.44 0.98 0.02 0.31
Total Long-Term Debt
0.00 0.29 1.10 0.44 0.98 0.02 0.31
Net Debt
0.00 -84 -142 -155 -173 -151 -127
Capital Expenditures (CapEx)
0.10 0.15 0.00 0.99 0.00 0.44 0.31
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 19 -274 -281 -245 -219 -185
Debt-free Net Working Capital (DFNWC)
0.00 103 -131 -144 -89 -84 -77
Net Working Capital (NWC)
0.00 103 -131 -144 -89 -84 -77
Net Nonoperating Expense (NNE)
68 2.61 117 25 -3.99 5.59 -0.61
Net Nonoperating Obligations (NNO)
0.00 -84 -142 -254 -248 -219 -184
Total Depreciation and Amortization (D&A)
0.29 0.56 2.54 6.90 6.28 6.18 6.85
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 7.22% -63.03% -58.30% -52.11% -51.50% -45.42%
Debt-free Net Working Capital to Revenue
0.00% 39.64% -30.14% -29.81% -18.91% -19.75% -18.85%
Net Working Capital to Revenue
0.00% 39.64% -30.14% -29.81% -18.91% -19.75% -18.85%
Earnings Adjustments
- - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($0.64) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 196.52M 19.71M 19.76M 18.11M 18.15M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($0.64) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 196.52M 19.71M 19.76M 18.11M 18.15M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 ($0.64) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 196.52M 19.71M 19.76M 18.11M 18.15M
Normalized Net Operating Profit after Tax (NOPAT)
-75 -2.33 -0.62 74 42 31 69
Normalized NOPAT Margin
-79.50% -0.89% -0.14% 15.33% 8.96% 7.33% 16.86%
Pre Tax Income Margin
-151.34% -1.57% -26.79% 2.32% 10.64% 7.08% 18.32%
Debt Service Ratios
- - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - -
Dividend Payout Ratio
-2.90% -1,044.73% -136.55% 0.00% 0.00% 0.00% 80.76%
Augmented Payout Ratio
-2.90% -1,044.73% -136.55% 0.00% 0.00% 129.67% 80.76%

Quarterly Metrics And Ratios for GDEV

No quarterly metrics and ratios for GDEV are available.



Financials Breakdown Chart

GDEV Financials - Frequently Asked Questions

According to the most recent income statement we have on file, GDEV's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

GDEV's net income appears to be on a downward trend, with a most recent value of $69.33 million in 2025, falling from -$142.34 million in 2019. The previous period was $25.53 million in 2024. See where experts think GDEV is headed by visiting GDEV's forecast page.

GDEV's total operating income in 2025 was $74.04 million, based on the following breakdown:
  • Total Gross Profit: $265.83 million
  • Total Operating Expenses: $191.79 million

Over the last 6 years, GDEV's total revenue changed from $94.05 million in 2019 to $407.69 million in 2025, a change of 333.5%.

GDEV's total liabilities were at $323.68 million at the end of 2025, a 13.4% decrease from 2024, and a 3.3% increase since 2020.

In the past 5 years, GDEV's cash and equivalents has ranged from $62.91 million in 2025 to $142.80 million in 2021, and is currently $62.91 million as of their latest financial filing in 2025.

Over the last 6 years, GDEV's book value per share changed from 0.00 in 2019 to -5.00 in 2025, a change of -500.1%.



Financial statements for NASDAQ:GDEV last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners