GDEV Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	412.02	420.93	464.55	479.69	434.09	260.89
Revenue Growth (YoY)	-4.74%	-9.39%	-3.16%	10.50%	66.39%	178.10%
Cost of Revenue	142.36	142.02	164.61	176.98	136.17	92.55
Gross Profit	269.66	278.92	299.94	302.71	297.92	168.34
Selling, General & Admin	204.3	240.63	257.71	191.82	293.1	169.45
Other Operating Expenses	-1.82	-2.23	-2.05	-1.33	-	-
Operating Expenses	202.47	238.42	261.57	220.48	295.74	170.01
Operating Income	67.19	40.5	38.36	82.22	2.18	-1.67
Interest Expense	-	-0.08	-0.06	-0.12	-0.09	-0.05
Interest & Investment Income	7.49	3.72	5.25	1.87	-	0.01
Earnings From Equity Investments	-9.74	-7.52	-0.52	-10.12	-	-
Currency Exchange Gain (Loss)	-5.19	-5.19	-3.4	-1.02	-2.81	1.99
Other Non Operating Income (Expenses)	4.27	0.32	10.47	1.71	9.84	-0.18
EBT Excluding Unusual Items	64.02	31.74	50.11	74.55	9.12	0.11
Impairment of Goodwill	-	-	-	-62.83	-	-
Gain (Loss) on Sale of Investments	-1.7	-1.7	-0.12	-	-	-
Asset Writedown	-	-	-	-0.55	-	-
Other Unusual Items	-	-	-	-	-125.44	-
Pretax Income	62.32	30.04	49.99	11.17	-116.32	0.11
Income Tax Expense	5.71	4.51	3.88	3.76	1.13	0.86
Earnings From Continuing Operations	56.62	25.53	46.12	7.41	-117.44	-0.75
Minority Interest in Earnings	-	-	-	-0.11	-0.01	-
Net Income	56.62	25.53	46.12	7.3	-117.46	-0.75
Net Income to Common	56.62	25.53	46.12	7.3	-117.46	-0.75
Net Income Growth	45.25%	-44.63%	531.45%	-	-	-
Shares Outstanding (Basic)	18	18	20	20	18	18
Shares Outstanding (Diluted)	18	18	20	20	18	18
Shares Change (YoY)	-3.88%	-7.96%	1.18%	7.87%	3.93%	-
EPS (Basic)	3.12	1.40	2.34	0.37	-6.40	-0.04
EPS (Diluted)	3.08	1.38	2.30	0.37	-6.40	-0.04
EPS Growth	50.98%	-40.00%	523.49%	-	-	-
Free Cash Flow	15.57	28.18	17.22	115.09	104.43	120.48
Free Cash Flow Per Share	0.85	1.53	0.86	5.81	5.69	6.82
Gross Margin	65.45%	66.26%	64.56%	63.10%	68.63%	64.52%
Operating Margin	16.31%	9.62%	8.26%	17.14%	0.50%	-0.64%
Profit Margin	13.74%	6.07%	9.93%	1.52%	-27.06%	-0.29%
Free Cash Flow Margin	3.78%	6.69%	3.71%	23.99%	24.06%	46.18%
EBITDA	72.22	45.05	43.17	89.12	4.72	-1.11
EBITDA Margin	17.53%	10.70%	9.29%	18.58%	1.09%	-0.42%
D&A For EBITDA	5.04	4.56	4.81	6.9	2.54	0.56
EBIT	67.19	40.5	38.36	82.22	2.18	-1.67
EBIT Margin	16.31%	9.62%	8.26%	17.14%	0.50%	-0.64%
Effective Tax Rate	9.15%	15.01%	7.76%	33.66%	-	776.58%
Advertising Expenses	-	200.82	218.35	146.45	266.8	164.93

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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