Overview
GDEV Q3 2025 revenue declines 12% yr/yr but beats analyst expectations
Net income for Q3 2025 rises to $24 mln from $15 mln in Q3 2024
Adjusted EBITDA for Q3 2025 increases to $26 mln from $17 mln in Q3 2024
Outlook
GDEV did not provide specific future guidance in the press release
Result Drivers
MARKETING STRATEGY - Co's disciplined marketing spending and focus on higher-quality users led to a 43% decrease in selling and marketing expenses
REVENUE DECLINE - Revenue decreased 12% yr/yr due to lower consumer spending and reduced revenue recognition from bookings
BOOKINGS DECLINE - Bookings fell 4% yr/yr due to a 16% drop in monthly paying users, partially offset by higher ABPPU
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $98 mln | $96.50 mln (2 Analysts) |
Q3 Net Income | $24 mln | ||
Q3 Adjusted EBITDA | $26 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Press Release: ID:nGNXXYG03
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)