GDEV (GDEV)

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Are Consumer Discretionary Stocks Lagging GDEV Inc. (GDEV) This Year?
ZACKS· 2025-06-10 14:47
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. GDEV Inc. (GDEV) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.GDEV Inc. is one of 255 companies in the Consumer Discret ...
GDEV announces results for the first quarter of 2025
Globenewswire· 2025-05-16 12:00
LIMASSOL, Cyprus, May 16, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its financial and operational results for the first quarter ended March 31, 2025. First quarter 2025 financial highlights: Revenue of $97 million declined by 9% year-over-year.Selling and marketing expenses of $42 million declined by 33% year-over-year driven by a shift in our user acquisition strategy to focus on a higher margin audience.Game oper ...
GDEV Inc. (GDEV) Soars 20.2%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-16 15:00
GDEV Inc. (GDEV) shares rallied 20.2% in the last trading session to close at $12.40. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 30.9% loss over the past four weeks.The company’s prospects are benefiting from the shift in its user acquisition strategy, aimed mainly at focusing on a higher margin audience. Given the ongoing market uncertainties, the margin expansion plan is likely to have boosted investor ...
GDEV (GDEV) - 2024 Q4 - Annual Report
2025-03-31 20:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 GDEV Inc. FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REP ...
GDEV announces results for the fourth quarter and full year 2024
Newsfilter· 2025-03-31 20:00
LIMASSOL, Cyprus, March 31, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ:GDEV), an international gaming and entertainment company ("GDEV" or the "Company"), released its financial and operational results for the fourth quarter and full year ended December 31, 2024. Fourth quarter 2024 financial highlights: Fourth quarter and full year 2024 financial performance in comparison4 | US$ million | Q4 | | Q45 | | | Change (%) | FY6 2024 | | FY 2023 | | | Change (%) | | --- | --- | --- | --- | --- | --- | --- | --- | ...
GDEV Provides Clarification In Respect Of Previously Announced Special Cash Dividend
GlobeNewswire News Room· 2025-02-25 13:00
LIMASSOL, Cyprus, Feb. 25, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today issued a clarification in respect of its previously announced one-time, nonrecurring special cash dividend of $3.31 per share, payable on March 11, 2025, to the Company’s shareholders of record as of the close of business on March 3, 2025. According to Nasdaq, the ex-dividend date for Nasdaq trading will be March 12, 2025. Nasdaq Rule 11140(b)(2) pr ...
GDEV Inc. (GDEV) Moves 46.6% Higher: Will This Strength Last?
ZACKS· 2025-02-24 15:05
Group 1 - GDEV Inc. shares experienced a significant increase of 46.6%, closing at $20.90, following a higher-than-average trading volume, contrasting with a 14.7% decline over the previous four weeks [1][2] - The rise in GDEV's stock price is attributed to the announcement of a one-time special cash dividend of $3.31 per share, totaling approximately $60 million, funded from accumulated profits, which reflects the company's commitment to shareholder value [2][3] - The company is projected to report quarterly earnings of $0.17 per share, indicating a year-over-year decline of 66%, with expected revenues of $106.15 million, down 2.7% from the same quarter last year [3][4] Group 2 - The consensus EPS estimate for GDEV has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] - GDEV holds a Zacks Rank of 3 (Hold), indicating a neutral outlook, while another company in the gaming industry, Skillz Inc., also holds a Zacks Rank of 3 [4][5] - Skillz is expected to report an EPS of -$1.07, reflecting a 2.9% decline from the previous year, and has returned -2.8% over the past month [5]
GDEV Declares One-Time, Nonrecurring Special Cash Dividend of $3.31 Per Share
Globenewswire· 2025-02-21 13:00
Core Points - GDEV Inc. has announced a one-time special cash dividend of $3.31 per share, yielding approximately 20% based on the average share price over the last 30 trading days [1][2] - The total special dividend amounts to around $60 million, funded from GDEV's accumulated profits, and represents a portion of its total cash balance of approximately $153 million as of Q3 2024 [2][3] - This special dividend reflects GDEV's commitment to disciplined capital allocation and long-term value creation, optimizing its capital structure by reducing excess liquidity [3][4] - The special dividend is a one-time distribution and does not indicate the establishment of a recurring dividend program, with no further dividends anticipated in the near future [3][4] Company Overview - GDEV Inc. is a gaming and entertainment holding company focused on developing and growing its franchise portfolio across various genres and platforms [5] - The company has a diverse range of subsidiaries, including Nexters and Cubic Games, and its franchises have accumulated over 550 million installs and $2.5 billion in bookings worldwide [5]
GDEV Aligns Leadership as Founder and CEO Andrey Fadeev Appointed Chairperson of the Board
Globenewswire· 2025-02-13 13:00
Core Points - GDEV Inc. has appointed Andrey Fadeev as Chairperson of the Board, marking a strategic evolution in the leadership structure to enhance alignment between strategic oversight and operational execution [1][3] - Natasha Braginsky Mounier will step down as Independent Chairperson and leave the Board, receiving a severance payment for her service [1][2] - The Board will maintain an independent majority with three out of five directors remaining independent, ensuring adherence to corporate governance best practices [2] Company Overview - GDEV is a gaming and entertainment holding company focused on developing and growing its franchise portfolio across various genres and platforms [4] - The company has subsidiaries including Nexters and Cubic Games, and its franchises have achieved over 550 million installs and $2.5 billion in bookings worldwide [4]
GDEV Inc. (GDEV) Loses -15.68% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2024-12-03 15:35
Core Viewpoint - GDEV Inc. has experienced significant selling pressure, resulting in a 15.7% decline in stock price over the past four weeks, but analysts anticipate improved earnings in the near future [1] Group 1: Stock Performance and Technical Indicators - GDEV's Relative Strength Index (RSI) is currently at 29.01, indicating that the stock may be oversold and could be poised for a rebound as selling pressure exhausts [4] - The RSI is a momentum oscillator that helps identify oversold conditions, typically when the reading falls below 30, suggesting potential entry opportunities for investors [2] Group 2: Earnings Estimates and Analyst Sentiment - Over the last 30 days, the consensus EPS estimate for GDEV has increased by 72.3%, reflecting a strong agreement among analysts regarding improved earnings [5] - GDEV holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a favorable outlook for the stock [5]