GDEV, Inc.

  • Market Cap: Micro Cap
  • Industry: Software Products
  • ISIN: VGG6529J1003
USD
16.95
-4.25 (-20.05%)
  • 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

7.41 k

Shareholding (Mar 2025)

FII

0.12%

Held by 6 FIIs

DII

99.88%

Held by 0 DIIs

Promoter

0.00%

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

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Dashboard
1

Flat results in Jun 25

 
2

Risky -

3

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 272 Million (Micro Cap)

stock-summary
P/E

9.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.57

stock-summary
Return on Equity

-46.75%

stock-summary
Price to Book

-2.10

Revenue and Profits:
Net Sales:
120 Million
(Quarterly Results - Jun 2025)
Net Profit:
17 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
7.96%
0%
7.96%
6 Months
4.69%
0%
4.69%
1 Year
-26.3%
0%
-26.3%
2 Years
-20.96%
0%
-20.96%
3 Years
-73.43%
0%
-73.43%
4 Years
126.0%
0%
126.0%
5 Years
-82.7%
0%
-82.7%

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)
-2.88%
EBIT Growth (5y)
28.96%
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)
175.62
Tax Ratio
6.28%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.13%
ROCE (avg)
4,249.20%
ROE (avg)
4,273.55%
Valuation key factors
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
NA
EV to EBIT
9.11
EV to EBITDA
7.77
EV to Capital Employed
NA
EV to Sales
0.92
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
NA
ROE (Latest)
NA
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Sideways
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Foreign Institutions

Domestic Funds

Held in 0 Schemes (0%)

Foreign Institutions

Held by 6 Foreign Institutions (0.12%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 23.61% vs -12.61% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 18.57% vs -6.67% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "119.90",
          "val2": "97.00",
          "chgp": "23.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.60",
          "val2": "15.00",
          "chgp": "37.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.10",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.20",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "16.60",
          "val2": "14.00",
          "chgp": "18.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "158.10%",
          "val2": "134.00%",
          "chgp": "2.41%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -9.39% vs -3.17% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -44.69% vs 522.97% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "420.90",
          "val2": "464.50",
          "chgp": "-9.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "44.50",
          "val2": "48.50",
          "chgp": "-8.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.40",
          "val2": "0.40",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.90",
          "val2": "10.80",
          "chgp": "-108.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "25.50",
          "val2": "46.10",
          "chgp": "-44.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "91.00%",
          "val2": "90.90%",
          "chgp": "0.01%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
119.90
97.00
23.61%
Operating Profit (PBDIT) excl Other Income
20.60
15.00
37.33%
Interest
0.10
0.00
Exceptional Items
-0.20
0.00
Consolidate Net Profit
16.60
14.00
18.57%
Operating Profit Margin (Excl OI)
158.10%
134.00%
2.41%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is 23.61% vs -12.61% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 18.57% vs -6.67% in Mar 2025

Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
420.90
464.50
-9.39%
Operating Profit (PBDIT) excl Other Income
44.50
48.50
-8.25%
Interest
0.40
0.40
Exceptional Items
-0.90
10.80
-108.33%
Consolidate Net Profit
25.50
46.10
-44.69%
Operating Profit Margin (Excl OI)
91.00%
90.90%
0.01%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is -9.39% vs -3.17% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -44.69% vs 522.97% in Dec 2023

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