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Nexters Inc. Warrant (GDEVW)



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Upturn Advisory Summary
06/30/2025: GDEVW (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $0
1 Year Target Price $0
0 | Strong Buy |
0 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -33.33% | Avg. Invested days 10 | 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 - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Nexters Inc. Warrant
Company Overview
History and Background
Nexters Inc. is a Cyprus-based game development company focused on mobile and social games. While the warrant details its rights, the history is primarily about the game development company itself. Founded in 2010, Nexters has grown through game development and acquisitions.
Core Business Areas
- Mobile Games Development: Development of mobile games for iOS and Android platforms.
- Social Games Development: Development of games for social media platforms.
- Game Publishing: Publishing and distribution of its own and third-party developed games.
Leadership and Structure
The organizational structure of Nexters includes a management team overseeing game development, marketing, and operations. Specific leadership roles are not easily accessible without specific company details.
Top Products and Market Share
Key Offerings
- Hero Wars: A fantasy-themed mobile RPG. Competitors include Raid: Shadow Legends, AFK Arena. Market share information specific to Hero Wars by Nexters is difficult to source but the game has over 10 million downloads on android. Revenue data is limited without access to private financials.
- Throne Rush: A strategy game combining city-building and resource management. Competitors include Clash of Clans, Lords Mobile. Market share information is not readily available, but the game contributed significantly to Nexters' earlier revenue streams. Revenue data is limited without access to private financials.
Market Dynamics
Industry Overview
The mobile gaming industry is characterized by rapid growth, high competition, and evolving player preferences. Key trends include the rise of esports, mobile esports, and cross-platform games.
Positioning
Nexters aims to establish a strong position in the mobile gaming market by developing engaging games with unique gameplay mechanics and high-quality graphics. Their competitive advantage hinges on their ability to create and market successful mobile RPGs.
Total Addressable Market (TAM)
The global mobile gaming market is estimated at hundreds of billions of USD. Nexters is positioned to capture a share of this TAM through strategic game development and marketing initiatives. Actual revenue will depend on their gaming portfolio.
Upturn SWOT Analysis
Strengths
- Experienced game development team
- Proven track record of creating successful mobile games
- Established presence in the mobile gaming market
Weaknesses
- Reliance on a limited number of successful titles
- High marketing costs in the competitive mobile gaming market
- Dependence on app store distribution platforms
Opportunities
- Expansion into new game genres
- Partnerships with other game developers or publishers
- Growth in emerging markets
Threats
- Increasing competition from established and emerging game developers
- Changes in app store policies or fees
- Shifting player preferences
Competitors and Market Share
Key Competitors
- ATVI
- EA
- TTWO
Competitive Landscape
Nexters faces intense competition from established gaming companies. Their success depends on their ability to innovate and market their games effectively. The warrant's value will directly reflect this competitive struggle.
Growth Trajectory and Initiatives
Historical Growth: Historical growth depends on the underlying company's performance. The warrant's value mirrors Nexters' growth.
Future Projections: Future projections for the warrant are tied to analyst estimates for the underlying Nexters stock.
Recent Initiatives: Recent initiatives may include new game launches or strategic partnerships. Nexters' recent game development initiatives will play a crucial role in future growth.
Summary
Nexters Inc. is a moderately positioned gaming company. Its warrant's value hinges on the underlying company's growth and profitability. Nexters' strengths lie in its game development experience, but it must address its reliance on a few key titles and high marketing costs. Competition in the mobile gaming market remains a significant challenge, while strategic partnerships offer potential for expansion.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, market research reports, industry analysis, public news sources.
Disclaimers:
This analysis is based on publicly available information. The mobile gaming market is dynamic, and future performance is subject to various factors. This is not financial advice.
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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