Welcome to our dedicated page for GDEV news (Ticker: GDEV), a resource for investors and traders seeking the latest updates and insights on GDEV stock.
GDEV Inc. (NASDAQ: GDEV) is an international gaming and entertainment holding company in the electronic gaming and multimedia industry. Its news flow reflects both operational performance and the evolution of a portfolio that includes subsidiaries and studios such as Nexters, Cubic Games, Royal Ark, Game Gears and Light Hour Games. The company’s franchises, including Hero Wars, Island Hoppers, Pixel Gun 3D, Zombie Miner and others, generate bookings across mobile and PC platforms and multiple regions.
On this page, readers can follow GDEV news related to quarterly and annual financial results, portfolio developments and studio transactions. The company regularly releases earnings updates that detail revenue, bookings, Adjusted EBITDA, platform mix, geographic breakdowns and metrics such as monthly paying users and Average Bookings Per Paying User. These releases also discuss trends in user acquisition spending, advertising bookings and global advertising CPMs, which GDEV cites as factors influencing its results.
GDEV’s news also covers product and franchise announcements, such as the development of Pixel Gun 2 by Cubic Games and performance milestones for titles like Pixel Gun 3D and Zombie Miner. In addition, the company reports on corporate actions, including the acquisition of Light Hour Games, increased ownership in Royal Ark, leadership changes and a one-time special cash dividend funded from accumulated profits.
Investors and followers of the gaming sector can use this news feed to track how GDEV manages its portfolio of live-service games, allocates marketing spend and responds to market conditions. Regular updates provide context on the company’s strategic decisions, capital allocation and the performance of key franchises across platforms and regions.
GDEV (NASDAQ: GDEV) reported preliminary, unaudited results for Q4 and FY2025. Q4 revenue was $90M (down 8% YoY); 12M revenue was $404M (down 4% YoY). Adjusted EBITDA rose to $15M in Q4 and $79M for FY2025. Bookings fell to $88M in Q4 and $351M for 12 months. Cash flow from operations was $18M in Q4 and $29M for the year. Figures are preliminary and unaudited; audited 20-F to follow.
GDEV (NASDAQ: GDEV) reported Q3 2025 results: revenue $98M (-12% YoY), profit $24M (+66% YoY) and Adjusted EBITDA $26M (+50% YoY). Selling and marketing spending fell to $30M (-43% YoY), reflecting a shift to more efficient user acquisition.
Operational metrics: bookings $90M (-4% YoY), monthly paying users 263k (-16% YoY), and ABPPU $107 (+16% YoY). Platform mix moved slightly toward PC (41% vs 38%).
Nine-month highlights include 9M revenue $315M (-3% YoY) and Adjusted EBITDA $64M (+93% YoY). Cash flow from operations was positive $15M in Q3 2025.
GDEV (NASDAQ: GDEV) reported strong Q2 2025 financial results with revenue reaching $120 million, up 13% year-over-year. The company achieved a net profit of $17 million, increasing from $15 million in Q2 2024, while Adjusted EBITDA grew to $22 million, up from $17 million.
Key operational metrics showed mixed results, with bookings declining 14% to $92 million in Q2 2025. Monthly paying users (MPU) decreased by 18% to 312,000, though average bookings per paying user (ABPPU) improved by 5% to $93. The company maintains a strong cash position of $932 million for potential strategic investments.
Geographic distribution remained stable with the US representing 34% of bookings, Europe 32%, Asia 19%, and other regions 15%. Mobile platform share increased to 63% of bookings in Q2 2025, up from 58% in Q2 2024.
GDEV Inc. (NASDAQ:GDEV) has increased its ownership stake in portfolio studio Royal Ark to 57% through a conversion option exercise. The partnership, which began in 2022, has proven successful with Royal Ark's game Idle Zombie Miner achieving significant milestones, including 17 million installs and reaching the #1 position in the Clicker/Idle genre.
The game generated approximately $23 million in revenue in H1 2025. Royal Ark's founder, Leonid Sirotin, maintains management control while benefiting from GDEV's strategic oversight and operational expertise. The new agreement supersedes all previous arrangements between the parties.
GDEV (NASDAQ:GDEV) has announced the acquisition of Light Hour Games, a Cyprus-based mobile gaming studio specializing in AI-driven casual game development. The acquired studio consists of a 15-person team led by industry veterans Konstantin Mitrofanov and Ilya Nikitin.
The strategic acquisition will provide Light Hour Games with continued creative autonomy and potential upside through revenue sharing, while gaining access to GDEV's knowledge and data platforms. The studio's expertise in AI-first workflows enables rapid game development iteration while maintaining high-quality standards.
Light Hour Games will maintain its operational independence while leveraging GDEV's resources to expand its casual gaming portfolio. The integration aims to combine Light Hour's lean structure and AI-driven toolset with GDEV's strategic capabilities in the mobile gaming market.
GDEV Inc. (NASDAQ: GDEV) has announced the development of Pixel Gun 2, a cross-platform sequel to their successful Pixel Gun 3D franchise, set to launch in early 2026. The game will be initially available on iOS, Android, and Steam, with console versions planned for later release.
The announcement follows Pixel Gun 3D's impressive 12-year track record, accumulating over 300 million installs and generating more than $230 million in bookings. The game maintains 3 million monthly active users. The sequel promises enhanced graphics, modern shooter mechanics, full cross-platform play, and fair free-to-play monetization while maintaining the franchise's signature pixel-art style.
GDEV Inc. (NASDAQ: GDEV) has released its Q4 and full-year 2024 financial results, showing mixed performance. Q4 revenue declined 11% year-over-year to $98 million, while profit decreased to $2 million from $11 million in Q4 2023.
Key highlights include:
- Adjusted EBITDA grew 22% year-over-year to $12 million
- Average Bookings Per Paying User (ABPPU) increased 10% to $102
- European market bookings share expanded by 5 percentage points to 32%
- PC platform maintained 43% of bookings
- Operating cash flow remained positive at $5 million
- Strong cash position of $151 million
The company reported reduced selling and marketing expenses (-14% YoY) and game operation costs (-5% YoY), reflecting a strategic shift toward higher-margin audience acquisition. Monthly paying users declined 19% in Q4 2024 compared to Q4 2023.
GDEV Inc. (Nasdaq: GDEV) has issued a clarification regarding its previously announced special cash dividend of $3.31 per share. The dividend is payable on March 11, 2025, to shareholders of record as of March 3, 2025, with an ex-dividend date of March 12, 2025.
According to Nasdaq Rule 11140(b)(2), when a cash dividend's value exceeds 25% of the security's value, the ex-dividend date is set for the first business day after the payable date. Based on GDEV's closing bid price of $12.82 on February 20, 2025, Nasdaq will reset the opening trading price on March 12 to reflect the dividend payment.
Investors should note that the trading price is expected to be lower on the ex-dividend date compared to March 11, reflecting the dividend amount. Purchasers of GDEV shares on or after the ex-dividend date will not receive this special dividend.
GDEV is a gaming and entertainment holding company whose franchises, including Hero Wars and Pixel Gun 3D, have accumulated over 550 million installs and $2.5 billion in bookings worldwide.