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GDEV · Nasdaq · United States · Services-Computer Programming Services
In shortGDEV Inc. is profitable.
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 17.6% | 75/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 17.1% | 89/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | – | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.67× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 160.57× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -3.75 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.2% | 49/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.42× | 15/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 31.2% | 0/100 |
| Operating margin volatility | 17.8% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -5.5% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | 116.8% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 434 | 480 | 465 | 421 | 404 |
| Operating income | (123) | 19 | 38 | 40 | 71 |
| Interest expense | 3.2 | 2.2 | 4 | 7.6 | 0.4 |
| Pre-tax income | (116) | 11 | 50 | 30 | 75 |
| Income tax | 1.1 | 3.8 | 3.9 | 4.5 | 5.4 |
| Net income | (117) | 7.3 | 46 | 26 | 69 |
| Diluted EPS | −$0.64 | $0.37 | $2.30 | $1.38 | $3.77 |
| Diluted shares (millions) | 184 | 20 | 20 | 18 | 18 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
−3.75 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 31, 2026