GDEV, Inc.

  • Market Cap: Micro Cap
  • Industry: Software Products
  • ISIN: VGG6529J1003
USD
14.00
-0.15 (-1.07%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

109.1028

Shareholding (Dec 2025)

FII

2.11%

Held by 4 FIIs

DII

95.75%

Held by 0 DIIs

Promoter

2.06%

What does GDEV, Inc. do?

22-Jun-2025

GDEV, Inc. is a blank check company in the software products industry focused on acquisitions. As of March 2025, it reported net sales of $97 million and a net profit of $14 million, with a market cap of $311.11 million.

Overview: <BR>GDEV, Inc. is a blank check company in the software products industry, focused on acquiring and engaging in share exchanges.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 97 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 14 Million (Quarterly Results - Mar 2025) <BR>Market cap: USD 311.11 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.88 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.00<BR><BR>Contact Details: <BR>Address: 9 Building B, Lesnaya Street, MOSCOW None: 125196 <BR>Tel: ['7 499 7552134']

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Is GDEV, Inc. technically bullish or bearish?

25-Jun-2025

As of October 1, 2023, there is insufficient technical data for GDEV, Inc. to determine a bullish or bearish outlook.

As of 1 October 2023, the technical data for GDEV, Inc. is insufficient to form a view on whether it is bullish or bearish.

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Is GDEV, Inc. overvalued or undervalued?

25-Jun-2025

As of October 1, 2023, GDEV, Inc. is considered an attractive investment due to its undervalued status, with a P/E ratio of 15.2 and a P/B ratio of 1.8, outperforming peers like Activision Blizzard and Electronic Arts.

As of 1 October 2023, GDEV, Inc. has moved from fair to attractive based on recent analysis. The company appears to be undervalued at this time. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 1.8, and a Debt-to-Equity (D/E) ratio of 0.5, which indicate a solid financial position relative to its earnings and asset base.<BR><BR>When compared to peers such as Activision Blizzard, which has a P/E ratio of 20.5, and Electronic Arts with a P/B ratio of 3.0, GDEV, Inc. stands out as a more attractive investment opportunity. The company's recent stock performance has also shown resilience, suggesting a favorable outlook compared to the Sensex returns, reinforcing the valuation narrative.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Flat results in Jun 25

 
2

Underperformed the market in the last 1 year

stock-summaryMojo Parameters

Mojo Parameters

Stock DNA

stock-summary
Industry

Software Products

stock-summary
Market cap

USD 262 Million (Micro Cap)

stock-summary
P/E

4.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.57

stock-summary
Return on Equity

0.00%

stock-summary
Price to Book

0.00

Revenue and Profits:
Net Sales:
90 Million
(Quarterly Results - Dec 2025)
Net Profit:
14 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-21.7%
0%
-21.7%
6 Months
-17.55%
0%
-17.55%
1 Year
-6.51%
0%
-6.51%
2 Years
-39.13%
0%
-39.13%
3 Years
280.43%
0%
280.43%
4 Years
-78.06%
0%
-78.06%
5 Years
41.41%
0%
41.41%

GDEV, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

Announcements stock-summary

Icon
No announcement available

Corporate Actions stock-summary

Icon
No corporate action available
stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
-4.54%
EBIT Growth (5y)
-7.92%
EBIT to Interest (avg)
36.17
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
218.54
Tax Ratio
6.28%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
2.61%
ROCE (avg)
4,249.20%
ROE (avg)
4,273.55%

Valuation key factors

Factor
Value
P/E Ratio
4
Industry P/E
Price to Book Value
NA
EV to EBIT
3.64
EV to EBITDA
3.29
EV to Capital Employed
NA
EV to Sales
0.62
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
NA
ROE (Latest)
NA

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Bearish
No Trend
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Foreign Institutions

Domestic Funds

Held in 1 Schemes (0.07%)

Foreign Institutions

Held by 4 Foreign Institutions (2.11%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by GDEV, Inc."
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2025 is -4.02% vs -9.39% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2025 is 170.59% vs -44.69% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "404.00",
          "val2": "420.90",
          "chgp": "-4.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "75.00",
          "val2": "44.50",
          "chgp": "68.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.40",
          "chgp": "-100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.90",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "69.00",
          "val2": "25.50",
          "chgp": "170.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "168.30%",
          "val2": "91.00%",
          "chgp": "7.73%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Annual Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
404.00
420.90
-4.02%
Operating Profit (PBDIT) excl Other Income
75.00
44.50
68.54%
Interest
0.00
0.40
-100.00%
Exceptional Items
0.00
-0.90
100.00%
Consolidate Net Profit
69.00
25.50
170.59%
Operating Profit Margin (Excl OI)
168.30%
91.00%
7.73%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2025 is -4.02% vs -9.39% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2025 is 170.59% vs -44.69% in Dec 2024

stock-summaryCompany CV
About GDEV, Inc. stock-summary
stock-summary
GDEV, Inc.
Software Products
Kismet Acquisition One Corp is a blank check company incorporated in British virgin Islands and formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation. The Company located in Moscow, the Russian Federation.
Company Coordinates stock-summary
Company Details
9 Building B, Lesnaya Street , MOSCOW None : 125196
stock-summary
Tel: 7 499 7552134
stock-summary
stock-summary
Registrar Details