Nexters Inc

Research Nexters Inc (GDEV) on Bullrun: valuation model: 121.5% undervalued, market cap USD 220.10M, P/E 3.1. Explore financials, valuation history, model signals, and stock context.

Key Metrics

• TickerGDEV
• ExchangeNASDAQ
• CountryCyprus
• SectorCommunication Services
• IndustryElectronic Gaming & Multimedia
• CurrencyUSD
• Valuation signal121.5% undervalued
• Market capUSD 220.10M
• P/E3.1
• Financial periodQ4 2025
• RevenueUSD 404.35M
• Net incomeUSD 69.33M
• Free cash flowUSD 29.13M
• Gross margin65.0%

Valuation Snapshot

Bullrun's latest valuation model marks Nexters Inc as 121.5% undervalued; latest market cap is USD 220.10M; P/E is 3.1.

About Nexters Inc

GDEV Inc. develops and publishes online games in the United States, Europe, Asia, and internationally. The company offers various games through mobile, social, and web-based platforms. It also provides franchise gaming in the role-playing game genre. The company was formerly known as Nexters Inc. and changed its name to GDEV Inc. in June 2023. GDEV Inc. was founded in 2010 and is headquartered in Limassol, Cyprus.

Frequently asked questions

Is Nexters Inc overvalued or undervalued?

Bullrun's valuation model currently marks Nexters Inc as 121.5% undervalued.

What is Nexters Inc's market cap?

Nexters Inc's market capitalization is USD 220.10M.

What is Nexters Inc's P/E ratio?

Nexters Inc's price-to-earnings (P/E) ratio is 3.1.

What does Nexters Inc do?

GDEV Inc. develops and publishes online games in the United States, Europe, Asia, and internationally. The company offers various games through mobile, social, and web-based platforms. It also provides franchise gaming in the role-playing game genre. The company was formerly known as Nexters Inc.