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Upturn AI SWOT - About
GDEV Inc. (GDEV)
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Upturn Advisory Summary
06/30/2025: GDEV (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
2 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $70
1 Year Target Price $70
| 1 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -39.16% | Avg. Invested days 34 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 290.08M USD | Price to earnings Ratio 11.59 | 1Y Target Price 70 |
Price to earnings Ratio 11.59 | 1Y Target Price 70 | ||
Volume (30-day avg) 2 | Beta 0.96 | 52 Weeks Range 8.60 - 35.39 | Updated Date 06/30/2025 |
52 Weeks Range 8.60 - 35.39 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.38 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.07% | Operating Margin (TTM) 13.06% |
Management Effectiveness
Return on Assets (TTM) 8.54% | Return on Equity (TTM) - |
Valuation
Trailing PE 11.59 | Forward PE 8.62 | Enterprise Value 157119342 | Price to Sales(TTM) 0.69 |
Enterprise Value 157119342 | Price to Sales(TTM) 0.69 | ||
Enterprise Value to Revenue 0.37 | Enterprise Value to EBITDA 4.31 | Shares Outstanding 18130100 | Shares Floating 5531853 |
Shares Outstanding 18130100 | Shares Floating 5531853 | ||
Percent Insiders 84.58 | Percent Institutions 0.03 |
Analyst Ratings
Rating 2 | Target Price 70 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
GDEV Inc.
Company Overview
History and Background
GDEV Inc. (formerly known as Overwolf) was founded in 2010. It started as a platform for creating in-game apps and mods. Over time, it evolved to focus on providing tools and services for game developers and content creators.
Core Business Areas
- Overwolf Platform: Provides a framework for developers to build, distribute, and monetize in-game apps and mods. Allows content creators to integrate overlays and widgets into their games.
- CurseForge: A platform for mod creators to distribute and monetize their mods for various games, including Minecraft, World of Warcraft, and others.
- Creator Services: Offers tools and services that empower content creators. It has the tools for content creators to engage with fans and make a living out of creation.
Leadership and Structure
GDEV Inc. is led by a CEO and a management team overseeing various departments. The organizational structure is hierarchical, with teams dedicated to platform development, content management, marketing, and finance.
Top Products and Market Share
Key Offerings
- Overwolf SDK: Enables developers to build in-game apps and mods. Competitors include mod.io, Steam Workshop. No public market share or revenue data specifically for the SDK is readily available.
- CurseForge: A leading platform for mod distribution and management, especially for Minecraft and World of Warcraft. Competitors include Nexus Mods and ModDB. CurseForge, after the split from Twitch, is still a very large part of GDEV Inc. but specific revenue data is not readily available.
Market Dynamics
Industry Overview
The gaming industry is experiencing significant growth, driven by increasing popularity of esports, streaming, and modding. The market for in-game apps and mods is also expanding.
Positioning
GDEV Inc. is positioned as a leading platform for in-game app development and mod distribution. Its competitive advantage lies in its established developer community and comprehensive toolset.
Total Addressable Market (TAM)
The total addressable market for game mods, in-game apps and creator tools is estimated in the billions of dollars. GDEV Inc. is well-positioned to capture a portion of this TAM through its various platforms and services.
Upturn SWOT Analysis
Strengths
- Established platform with a large developer community
- Strong presence in the modding community through CurseForge
- Comprehensive toolset for in-game app development
- Experienced leadership team
- Diversified revenue streams
Weaknesses
- Dependence on popular game titles for modding activity
- Competition from other modding platforms and marketplaces
- Potential for intellectual property infringement issues
- Potential negative impact from changes in game developer policies regarding modding.
Opportunities
- Expansion into new game titles and genres
- Partnerships with game developers to integrate Overwolf's platform
- Growth in the esports and streaming market
- Development of new tools and services for content creators
Threats
- Changes in game developer policies that restrict modding
- Increased competition from other modding platforms
- Cybersecurity threats and data breaches
- Economic downturn that reduces consumer spending on games and mods
Competitors and Market Share
Key Competitors
- MODG (Mod.io)
- Nexus Mods
- Steam Workshop
Competitive Landscape
GDEV Inc. competes with other modding platforms and marketplaces. Its advantages include its established developer community and comprehensive toolset. Disadvantages include dependance on very popular games and the risk of running afoul of developer policies.
Growth Trajectory and Initiatives
Historical Growth: GDEV Inc.'s historical growth is characterized by the expansion of its user base and the increasing number of in-game apps and mods available on its platform.
Future Projections: Future growth is dependent on the company's ability to attract new developers, expand into new game titles, and capitalize on the growth of the esports and streaming markets. Analyst estimates need to be directly consulted.
Recent Initiatives: Recent initiatives include expanding the Overwolf platform to new games, launching new tools for content creators, and forming partnerships with game developers.
Summary
GDEV Inc. is a leading platform for in-game app development and mod distribution. Its strengths lie in its established community and comprehensive toolset. The company faces challenges from competitors and changes in game developer policies. To sustain growth, GDEV Inc. needs to expand into new games, services, and content creator tools.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Analyst Estimates (where available)
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market conditions are dynamic, and investment decisions should be made after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About GDEV Inc.
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2020-10-05 | Co-Founder, Chairman of the Board & CEO Mr. Andrey Fadeev | ||
Sector Communication Services | Industry Electronic Gaming & Multimedia | Full time employees 589 | Website https://gdev.inc |
Full time employees 589 | Website https://gdev.inc | ||
GDEV Inc. develops and publishes online games in the United States, Europe, Asia, and internationally. Its core product offering includes Hero Wars, offers a suite of games across mobile, social, and web-based platforms, as well as franchises 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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