GDEV — Stock Film
STOCK FILMSCENE 1/10GDEV · $10.98
Stock Expert AI presents
GDEV
GDEV Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
GDEV Inc. What it actually does.

Develops desktop games for PC platforms. Creates mobile games for iOS and Android devices. Now — the numbers.

on the stock market since 2020
488 employees
$199.3M market value
WHERE DOES THE MONEY COME FROM?
95%In-game purchases
In-game purchasesAdvertising 5%Licensing <1%
95% of all revenue comes from a single line: In-game purchases.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$404.3M
The net profit left over:
$69.3M
Out of every $100 in sales, $17 stays as net profit.
THE SLICE THAT TURNS INTO PROFIT: 17%

This is an established company with proven profits.

THE PRICE TAG
MARKET VALUE / ANNUAL PROFIT
2.9×

The market pays 2.9× for every dollar of annual profit — cheap, which is either an opportunity or a warning.

Against companies in its own sector, it looks cheaper than 100% of them.

No analyst target is on record for this company.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
96
very strong

Profit power and business quality lead the class.

FINANCIAL STRENGTH
46
weak

Clearly below the class average.

VALUATION
100
very strong

The price looks reasonable next to what the company earns.

GROWTH
74
strong

This grade is a blend: the profit side is strong, the sales tempo slow.

PRICE MOMENTUM
30
very weak

Clearly below the class average.

WORTH WATCHING

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 88% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
A fat but narrowing margin

The net profit margin is 17% — still a thick cushion, though costs have been eating into it lately.

2
THE BRIGHT SIDE · 2/3
Strong cash, light debt

There is $104.3M in the vault; even if every debt were paid off, $103.2M would remain.

3
THE BRIGHT SIDE · 3/3
Executives are buying their own stock

Over the last 12 months, company executives reported 4 buys and 2 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Sales are shrinking

Over the last 4 years, sales fell about 2% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.

2
THE RISKS · 2/3
The stock has lost its spark

Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 30/100. For a turnaround signal, the stock first needs to close the gap with the market.

3
THE RISKS · 3/3
A thin financial cushion

The balance sheet offers little cushion against a rough stretch. Report-card grade: 46/100.

FINALE · THE GRADE
A+
86 / 100 · MoonshotScore

On our five-subject report card, GDEV sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: GDEV is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s what that quality should cost.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

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This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film