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Nexters Inc. Warrant (GDEVW)



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Upturn Advisory Summary
08/28/2025: 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. The warrant entitles the holder to purchase shares of Nexters Inc. common stock under specific terms.
Core Business Areas
- Mobile Game Development: Develops and publishes mobile games across various genres.
- Game Publishing: Publishes games developed internally and by third-party studios.
Leadership and Structure
Information on Nexters Inc.'s leadership team and organizational structure is available on their investor relations website and public filings. Structures usually include CEO, CFO, COO and Board of Directors.
Top Products and Market Share
Key Offerings
- Hero Wars: A popular mobile RPG game. Market share data varies depending on region and platform. Competitors include RAID: Shadow Legends and other RPG games.
- Throne Rush: Mobile strategy game. Market share data varies depending on region and platform. Competitors include Clash of Clans.
Market Dynamics
Industry Overview
The mobile gaming industry is highly competitive and rapidly growing, driven by increasing smartphone adoption and mobile internet penetration.
Positioning
Nexters Inc. positions itself as a leading developer and publisher of mobile games, focusing on engaging gameplay and innovative features.
Total Addressable Market (TAM)
The global mobile gaming market is projected to reach hundreds of billions of dollars. Nexters Inc. captures a share of this TAM through its portfolio of games.
Upturn SWOT Analysis
Strengths
- Established game portfolio
- Strong brand recognition (for certain titles)
- Experienced development team
- Global reach
Weaknesses
- Dependence on a few key titles
- High marketing costs
- Competition for user acquisition
- Potential volatility in user spending
Opportunities
- Expansion into new game genres
- Acquisition of smaller game studios
- Partnerships with other entertainment companies
- Growth in emerging markets
Threats
- Intense competition in the mobile gaming market
- Changes in platform policies (e.g., app store fees)
- Economic downturn affecting consumer spending
- Negative reviews or controversies impacting game popularity
Competitors and Market Share
Key Competitors
- Activision Blizzard (ATVI)
- Electronic Arts (EA)
- Take-Two Interactive (TTWO)
Competitive Landscape
Nexters Inc. competes with larger, established gaming companies as well as smaller independent developers. Its competitive advantage lies in its portfolio of popular games and its ability to acquire and develop new titles.
Growth Trajectory and Initiatives
Historical Growth: Please refer to company filings and investor relations materials for historical growth trends.
Future Projections: Future projections are dependent on analyst estimates. Check with analyst reports.
Recent Initiatives: Recent initiatives should be published in press releases and are game releases or partnerships.
Summary
Nexters Inc. is a mobile game developer with established titles like Hero Wars, yet it faces strong competition in a rapidly evolving industry. Its success depends on its ability to innovate, acquire new users, and adapt to changing market conditions. Future growth will likely stem from expansion into new genres, strategic acquisitions, and effective marketing. Reliance on a few key titles remains a vulnerability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Investor Relations Materials
- Market Research Reports
- Financial News Outlets
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Market data and analyst estimates are subject to change. Investing in securities involves risk of loss.
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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