1 month ago - globenewswire.com

LIMASSOL, Cyprus, May 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its preliminary unaudited financial and operational results for the first quarter ended March 31, 2024. Financial highlights: First quarter 2024: Revenue of $107 million decreased by 10% year-over-year.

1 month ago - globenewswire.com

LIMASSOL, Cyprus, May 22, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces that its financial results for the first quarter ended March 31, 2024 will be released at 4:00 p.m. (Eastern Time) on Tuesday, May 28, 2024.

3 months ago - globenewswire.com

LIMASSOL, Cyprus, March 19, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its preliminary unaudited financial and operational results for the fourth quarter and full year ended December 31, 2023. Financial highlights: Fourth quarter 2023: Revenue of $109 million increased by 10% year-over-year.

5 months ago - globenewswire.com

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6 months ago - globenewswire.com

Limassol, Cyprus, Dec. 19, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today announced the commencement of a tender offer by the Company to purchase for cash a minimum of 15,000,000 of its ordinary shares, no par value per ordinary share (each, a “share”) (the “Minimum Tender Condition”), up to a maximum of 20,000,000 shares, at a purchase price of $2.00 per share, net to the seller in cash, without interest, less any applicable withholding taxes, using funds available from cash and cash equivalents. The tender offer, proration period and withdrawal rights will expire at 5:00 p.m., Eastern Time, on January 18, 2024, unless the tender offer is extended (such date and time, as it may be extended, the “Expiration Time”). The board of directors of the Company (the “Board of Directors”) determined that the tender offer is a prudent use of the Company's financial resources given its current capitalization, cash balance and operational business profile, and that the tender offer presents an appropriate balance between meeting the needs of its business and delivering value to the Company's shareholders. The Board of Directors also determined that a cash tender offer is an appropriate mechanism to return capital to shareholders that seek liquidity under current market conditions while, at the same time, allowing shareholders to share in a higher portion of the Company's future potential.

7 months ago - globenewswire.com

Limassol, Cyprus, Nov. 21, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the third quarter and nine months ended September 30, 2023.

8 months ago - globenewswire.com

LIMASSOL, CYPRUS, Oct. 27, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces the global release of its game Island Hoppers (formerly known as Island Questaway) following the successful completion of its soft launch. During the soft launch period that started in November 2021, the game exhibited remarkable growth, accumulating over $30 million in bookings and more than 12 million downloads worldwide. It already placed 7th in the Farming games category by revenue and is now ranked 5th in terms of downloads1.

9 months ago - globenewswire.com

Limassol, Oct. 05, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces the planned release of Pixel Gun 3D on Steam in Q1 2024.

9 months ago - globenewswire.com

Limassol, Cyprus, Sept. 22, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its second Sustainability Report, with examples of the company's strategic resilience in 2022 and committing to carbon neutrality by 2030 across its Scope 2 emissions.

10 months ago - globenewswire.com

LIMASSOL, CYPRUS, Aug. 28, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the second quarter and first half of the year ended June 30, 2023.

11 months ago - seekingalpha.com

GDEV Inc. reported positive FCF and double-digit growth in paying users and active users. Further expansion into new territories and development or acquisition of new video games could drive future FCF growth. GDEV appears undervalued, but there are risks from failed monetization or problems with advertising platforms.

1 year ago - headlinesoftoday.com

Limassol, Cyprus, June 26, 2023 (GLOBE NEWSWIRE) — GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its audited financial and operational results for the fourth quarter and full year ended December 31, 2022. Financial Highlights: Full Year 2022: Record high annual revenues of $480 million, growing 11% year-over-year. […]...

1 year ago - headlinesoftoday.com

LIMASSOL, CYPRUS., June 22, 2023 (GLOBE NEWSWIRE) — International game development company Nexters Inc. (Nasdaq: GDEV) announces that on June 21, 2023, it has changed its name to GDEV Inc. to reflect its evolution as a holding company focused on the growth of its diversified portfolio of studios and franchises. Nexters Global, as a studio, […]...

2 years ago - seekingalpha.com

Nexters Inc. (GDEV) CEO Andrey Fadeev on Q3 2021 Results - Earnings Call Transcript

2 years ago - seekingalpha.com

Seeking Alpha's blog platform is a potential source of underexposed ideas. I sift them to bring you the best ideas you've missed from the platform.

2 years ago - pulse2.com

The stock price of Nexters Inc. (NASDAQ: GDEV) increased by over 2% during intraday trading. This is why it happened.

2 years ago - globenewswire.com

Nexters Boost program is the first public step in the company's broader M&A strategy based on sharing expertise and investment to consolidate the gaming industry Nexters Boost program is the first public step in the company's broader M&A strategy based on sharing expertise and investment to consolidate the gaming industry

2 years ago - benzinga.com

Game development company Nexters Inc (NASDAQ: GDEV) reported second-quarter FY21 revenue growth of 73% year-on-year to $110 million. The quarterly bookings rose 40% Y/Y to $154 million.

2 years ago - globenewswire.com

MOSCOW, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Nexters Inc. (NASDAQ: GDEV), an international game development company which strives to introduce the joy of core gaming experiences to casual players, today announced that its financial results for the second quarter and half-year ended June 30, 2021 will be released on Wednesday, September 22, 2021.

2 years ago - businesswire.com

LIMASSOL, Cyprus--(BUSINESS WIRE)--Nexters Inc. (“Nexters” or the “Company”), an international game development company which strives to introduce the joy of core gaming experiences to casual players, and Kismet Acquisition One Corp (Nasdaq: KSMT, KSMTU, KSMTW) (“Kismet”), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”). The combined company will operate as Nexters Inc. and today on August 27, 2021 its ordinary shares and warrants will begin trading on the Nasdaq Global Market under the new ticker symbols “GDEV” and “GDEVW,” respectively. The Business Combination was approved during a special meeting of Kismet’s shareholders on August 18, 2021. The transaction will deliver approximately $132 million in cash to Nexters and its shareholders, comprising funds from the Kismet trust account, Kismet Sponsor Limited, and PIPE investors Mubadala Investment Company and VPE Capital. These proceeds are expected to accelerate both organic and inorganic growth initiatives at the Company, and will be deployed, among other things, to fund the development of new products with a focus on further expansion into more casual genres, the launch of games across additional geographies, and deals with premier gaming companies through Nexters’ well-established connections in the gaming industry. Nexters’ public listing is also expected to support its aim to become the leading consolidator in the gaming space in Russian speaking countries, Eastern Europe and beyond, capitalizing on the significant opportunity in the market while deploying its proven value creation playbook to support other companies and driving meaningful synergies over time. “This amazing moment wouldn’t be possible without the passion and dedication of our awesome team, business partners, partner platforms, and many others,” said Andrey Fadeev, Nexters Co-founder & CEO. “We’ve managed to build Nexters with such wonderful people around us by delivering great games for our millions of players – as a public company, we will continue our goal to transform the user experience and deliver blockbuster titles for gamers around the globe.” Ivan Tavrin, Chairman and CEO of Kismet Acquisition One Corp, said, “On behalf of the Kismet team, I am thrilled to bring Nexters and its innovative products to the public markets. Andrey and his team have built a mobile, web and social gaming powerhouse that can boast some of the world’s most popular titles. We are excited to support Nexters’ continued growth and see Nexters established as a leader in the expanding gaming industry.” Nexters’ Co-Founder and CEO Andrey Fadeev and Co-Founder and Head of R&D Boris Gertsovskiy will continue to lead the Company, supported by a seasoned management team. The Board of Directors will initially consist of seven members, consisting of Andrey Fadeev, Boris Gertsovskiy, Igor Bukhman, Dmitrii Bukhman, Andrew Sheppard, Natasha Braginsky Mounier, and Ivan Tavrin. The Company will hold a closing bell ceremony on August 27 at Nasdaq headquarters in New York to celebrate this important milestone. Credit Suisse, BofA Securities and LionTree Advisors served as capital markets advisors to Kismet Acquisition One Corp. About Nexters Nexters is an international game development company which strives to introduce the joy of core gaming experiences to casual players. Thanks to such hit games like Hero Wars, Throne Rush, and others the company reached over 200 million installs worldwide and became one of the top five independent mobile game companies in Europe. Headquartered in Cyprus, Nexters is built upon a team of 600+ inspired game creators. Please find more information about Nexters at: https://nexters.com and follow Nexters on LinkedIn and Twitter. About Kismet Acquisition One Corp Kismet Acquisition One Corp. is a special purpose acquisition company led by Chairman and Chief Executive Officer Ivan Tavrin, formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation, contractual control arrangement with, purchasing all or substantially all of the assets of, or engaging in any other similar initial business combination with one or more businesses or entities. Please find more information about Kismet at: www.kismetcg.com Forward Looking Statements Certain statements in this press release may constitute “forward-looking statements” for purposes of the federal securities laws. Such statements are based on current expectations that are subject to risks and uncertainties. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The forward-looking statements contained in this press release are based on Kismet’s and Nexters’ current expectations and beliefs concerning future developments and their potential effects on Kismet and Nexters. There can be no assurance that future developments affecting Kismet and Nexters will be those that Kismet and Nexters have anticipated. Forward-looking statements involve a number of risks, uncertainties (some of which are beyond Kismet’s and Nexters’ control) or other assumptions. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the registration statement on Form F-4 relating to the business combination, filed by Nexters and other documents filed by Nexters and Kismet from time to time with the SEC. Should one or more of these risks or uncertainties materialize, or should any of Kismet’s or Nexters’ assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Kismet and Nexters undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.