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Nexters Inc. Warrant (GDEVW)



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Upturn Advisory Summary
09/12/2025: GDEVW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -40% | Avg. Invested days 12 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.96 | 52 Weeks Range 0.01 - 0.07 | Updated Date 06/29/2025 |
52 Weeks Range 0.01 - 0.07 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 33.4 |
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 - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 5531853 |
Shares Outstanding - | Shares Floating 5531853 | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
Nexters Inc. Warrant
Company Overview
History and Background
Nexters Inc. is an international game development company. Its warrant allows the holder to purchase shares of Nexters common stock under specific conditions. Formed with a focus on mobile gaming, Nexters has grown through game development and strategic acquisitions.
Core Business Areas
- Mobile Game Development and Publishing: Nexters develops and publishes mobile games across various genres, including RPGs and strategy games. They focus on free-to-play models with in-app purchases.
Leadership and Structure
Information not publicly available specifically for the warrant. Leadership is related to the parent company, Nexters Inc.
Top Products and Market Share
Key Offerings
- Hero Wars: A fantasy-themed mobile RPG. Market share data not publicly available. Major competitors include Raid: Shadow Legends and other gacha RPGs. Revenue data not publicly available.
Market Dynamics
Industry Overview
The mobile gaming industry is highly competitive and dynamic, with constant shifts in player preferences and emerging technologies.
Positioning
Nexters aims to establish a strong position in the mobile gaming market through diverse game offerings and user acquisition strategies.
Total Addressable Market (TAM)
The global mobile gaming market is estimated to be hundreds of billions of dollars. Nexters' positioning depends on the success of its games and its ability to capture market share.
Upturn SWOT Analysis
Strengths
- Experienced game development team
- Successful track record with Hero Wars
- Focus on free-to-play model
Weaknesses
- Reliance on a few key titles
- High marketing costs in the mobile gaming industry
- Dependence on app store policies
Opportunities
- Expansion into new gaming genres
- Partnerships with other gaming companies
- Growth in emerging markets
Threats
- Intense competition from established players
- Changes in mobile gaming trends
- Economic downturn affecting player spending
Competitors and Market Share
Key Competitors
- ATVI
- EA
- TTWO
Competitive Landscape
Warrant competitiveness is linked to the success of Nexters' broader game portfolio. Nexters' advantages include focused monetization strategy.
Growth Trajectory and Initiatives
Historical Growth: Growth depends on the performance of Nexters Inc., including user acquisition and game monetization.
Future Projections: Future projections depend on analyst estimates for Nexters Inc.'s financial performance.
Recent Initiatives: Recent initiatives of Nexters Inc. will affect warrant value.
Summary
Nexters' warrants represent a speculative investment tied to the underlying success of Nexters Inc. The mobile gaming market is extremely competitive, requiring consistent innovation and effective marketing. Warrant value is impacted by Nexters' financial performance and broader market trends. Investors need to carefully assess Nexters' game portfolio and growth strategies. The warrant is a derived instrument; its value rests entirely on the underlying asset's potential appreciation.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company press releases
- Financial news articles
- Analyst reports
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual research and risk tolerance.
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 Nexters Inc. Warrant
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2020-10-02 | 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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