Nexters Inc
Research Nexters Inc (GDEV) on Bullrun: market cap USD 207.10M, P/E 2.8. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerGDEV
- ExchangeNASDAQ
- CountryCyprus
- SectorCommunication Services
- IndustryElectronic Gaming & Multimedia
- CurrencyUSD
- Market capUSD 207.10M
- P/E2.8
- Financial periodQ2 2026
- RevenueUSD 93.57M
- Net incomeUSD 19.94M
- Gross margin65.4%
Valuation Snapshot
latest market cap is USD 207.10M; P/E is 2.8.
Peer valuation comparison
Latest P/E is 2.77x versus a Communication Services sector median of 16.16x (82.8% below).
Latest P/E is 2.77x versus a Cyprus median of 8.73x (68.2% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 404.35M | USD 69.33M | USD 29.13M | 65.0% | 3.77 | USD 58.91M | USD 1.09M | -USD 90.56M |
| FY2024 | USD 420.93M | USD 25.53M | USD 28.09M | 66.3% | 1.38 | USD 111.05M | USD 1.30M | -USD 101.53M |
| FY2023 | USD 464.55M | USD 46.12M | USD 17.20M | 64.6% | 2.3 | USD 71.80M | USD 2.44M | -USD 99.81M |
| FY2022 | USD 479.69M | USD 7.30M | USD 115.02M | 63.1% | -0.42 | USD 86.77M | USD 1.19M | -USD 148.78M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 207.10M | 2.8 | n/a | n/a |
| 2025 | 2025-12-31 | USD 272.26M | 4.0 | 22.1% | 3.31 |
| 2024 | 2024-12-31 | USD 350.27M | 9.0 | n/a | n/a |
| 2023 | 2023-12-29 | USD 436.33M | n/a | n/a | n/a |
| 2022 | 2022-12-30 | USD 1.26B | 12.3 | n/a | n/a |
| 2021 | 2021-12-31 | USD 1.58B | n/a | n/a | n/a |
Dividend history
| Year | Dividends/share |
|---|---|
| FY2025 | 3.31 USD |
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.
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Frequently asked questions
What is Nexters Inc's market cap?
Nexters Inc's market capitalization is USD 207.10M.
What is Nexters Inc's P/E ratio?
Nexters Inc's price-to-earnings (P/E) ratio is 2.8.
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. and changed its name to GDEV Inc. in June 2023. GDEV Inc. was founded in 2010 and is headquartered in Limassol, Cyprus.