Welcome to our dedicated page for GDEV SEC filings (Ticker: GDEV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
GDEV Inc.'s SEC filings document its reporting as a foreign private issuer and its disclosures as a Nasdaq-listed gaming and entertainment company. Form 6-K reports furnish operating results, press releases and financial tables covering revenue, platform commissions, game operation costs, selling and marketing expenses, profitability, cash flow and distribution channels.
The filings also record corporate and governance matters, including annual general meeting materials, proxy notices, changes in the certifying accountant, ordinary-share ownership reports, beneficial-ownership changes and director-appointment rights under the company's constitutional documents. GDEV filings reference Form F-3 registration statements and provide formal disclosures tied to capital markets, governance, shareholder voting and portfolio-studio developments.
GDEV Inc. reports that founder, CEO and Chairman Andrey Fadeev has purchased 2,730,384 GDEV ordinary shares from co‑founder and former director Boris Gertsovskiy in a private transaction. This is a secondary deal between insiders; the Company was not a party to it.
Following the purchase, Fadeev beneficially owns 6,709,391 ordinary shares, representing 37.0% of GDEV’s issued and outstanding shares as of December 31, 2025. Gertsovskiy has fully exited his remaining shareholding and no longer holds any employment, director or officer position at GDEV.
In connection with the deal, Gertsovskiy irrevocably transferred to Fadeev all rights under GDEV’s Memorandum and Articles of Association to appoint, jointly with Fadeev, directors to the board, and irrevocably waived those rights in Fadeev’s favor. Fadeev reported the transaction on Schedule 13D, while Gertsovskiy amended his Schedule 13G to reflect his reduced holding.
GDEV Inc. Amendment No. 3 to a Schedule 13G/A reports that Boris Gertsovskiy beneficially owns 0 ordinary shares of the company, representing 0% of the class. The filing lists zero voting and dispositive power and states the filer holds "Ownership of 5 percent or less of a class."
GDEV Inc.’s Chief Executive Officer and Chairperson, Andrey Fadeev, filed a Schedule 13D reporting beneficial ownership of 6,709,391 Ordinary Shares, representing 37.0% of the class based on 18,150,489 shares outstanding as of December 31, 2025. Fadeev originally received 3,979,007 shares through the business combination that led to GDEV’s Nasdaq listing. On March 17, 2026, he acquired an additional 2,730,384 shares from shareholder Boris Gertsovskiy under a Share Purchase Agreement for $34,125,000, payable in three installments, using a bank loan for the first payment. The SPA also transfers Gertsovskiy’s Board appointment right to Fadeev, effectively giving him sole shared rights to appoint two directors, while restricting transfers or encumbrances of the purchased shares until the purchase price is fully paid.
GDEV Inc. reported preliminary, unaudited results for the fourth quarter and full year ended December 31, 2025. Revenue in Q4 2025 was $90 million, down 8% year-over-year, and full-year 2025 revenue was $404 million, down 4%. The company links lower revenue to weaker consumer spending and a deliberate shift toward more disciplined marketing and higher-quality users.
Despite lower revenue, profitability improved sharply. Q4 2025 profit for the period, net of tax, rose to $14 million from $2 million, while full-year profit increased to $69 million from $26 million. Full-year Adjusted EBITDA grew to $79 million, up 87%, supported by a $50 million reduction in selling and marketing expenses and lower net financial expenses.
Operationally, 2025 bookings declined to $351 million from $404 million, and monthly paying users fell by 18% for the year, partly offset by higher average bookings per paying user. Management highlights ongoing investment in IT infrastructure and continued focus on performance marketing efficiency.
GDEV Inc. submitted a Form 6-K noting that it issued a press release on November 24, 2025 to announce its results for the three and nine months ended September 30, 2025. The press release is included as Exhibit 99.1.
The company also states that the information in this Form 6-K, including Exhibit 99.1, is incorporated by reference into its existing Form F-3 registration statements, making the disclosed information part of those offering documents.
Form 144 filed for proposed sale of securities. The filing discloses a proposed sale of 7,630 shares of Common Stock with an aggregate market value of $116,357.50, with an approximate sale date of 09/09/2025 on NASDAQ through Vanguard Brokerage Services. The shares were acquired as grants from Andrew Sheppard: 2,409 shares on 10/18/2023 and 5,221 shares on 06/10/2025, both described as earned through directorship. The filing reports no securities sold in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information.
GDEV Inc. furnished a Form 6-K outlining several recent corporate updates. The company issued a press release with its results for the three and six months ended June 30, 2025, and provided unaudited interim condensed consolidated financial statements for the same periods.
GDEV also announced a partnership involving its portfolio studio Royal Ark, detailed in a separate press release. In addition, shareholders held the 2025 annual general meeting in Limassol, Cyprus, on August 29, 2025, where all proposals were approved. The appointment of KPMG Somekh Chaikin as auditors was confirmed with 14,207,829 votes in favor and 6 votes against, and the independent directors were re-elected with roughly 14.2 million votes for and minimal opposition.
GDEV Inc. furnished a Form 6-K outlining several recent corporate updates. The company issued a press release with its results for the three and six months ended June 30, 2025, and provided unaudited interim condensed consolidated financial statements for the same periods.
GDEV also announced a partnership involving its portfolio studio Royal Ark, detailed in a separate press release. In addition, shareholders held the 2025 annual general meeting in Limassol, Cyprus, on August 29, 2025, where all proposals were approved. The appointment of KPMG Somekh Chaikin as auditors was confirmed with 14,207,829 votes in favor and 6 votes against, and the independent directors were re-elected with roughly 14.2 million votes for and minimal opposition.