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. reports developments across its gaming and entertainment holding company, including financial results, operating metrics and portfolio-studio activity. The company develops and grows game franchises across mobile, browser and PC platforms through studios that include Nexters, Cubic Games, Royal Ark and Light Hour Games.
Recurring GDEV news covers revenue from in-game purchases and advertising bookings, platform commissions, game operation costs, selling and marketing spending, user acquisition strategy and PC distribution. Company updates also address studio acquisitions and ownership changes, game launches and performance within casual and idle genres, leadership changes, ordinary-share ownership and governance matters.
GDEV (Nasdaq: GDEV) announced that CEO and chairman Andrey Fadeev purchased 2,730,384 ordinary shares from co‑founder Boris Gertsovskiy in a private transaction.
After the purchase, Mr. Fadeev beneficially owns 6,709,391 shares, representing 37.0% of issued and outstanding shares as of December 31, 2025. Mr. Gertsovskiy fully divested his remaining holdings and held no company position at the time. The purchase was made personally; the company was not a party to the transaction.
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.