GDEV Inc.
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- GDEV Inc. (Nasdaq: GDEV) is a global gaming and entertainment holding company that develops and publishes live-service online games across mobile, web, Steam, social, and PC platforms; its core portfolio includes the RPG franchise Hero Wars from founding studio Nexters, the shooter Pixel Gun 3D from Cubic Games, Idle Zombie Miner from Royal Ark, and emerging AI-driven titles from studios including Game Gears and Light Hour Games. The company, founded in 2010 and headquartered in Limassol, Cyprus, operates studios serving diverse genres such as role-playing, action, shooters, idle tycoon, casual, and light-core games, targeting players in the United States, Europe, Asia, and internationally with over 550 million all-time installs, nearly 14 million monthly active users, and approximately 1,000 employees across more than 25 countries. GDEV Inc. generates revenue through in-game purchases, advertising, and sustainable development of its intellectual properties, which have produced over $2.7 billion in all-time bookings. In recent developments, the company acquired AI-powered mobile casual studio Light Hour Games in August 2025 to bolster its casual gaming capabilities; increased its ownership in portfolio studio Royal Ark to 57% in September 2025 amid the success of Zombie Miner, which generated about $23 million in the first half of 2025 and topped its genre; launched Pixel Gun 3D on Steam in April 2024; and reported strong financials including $421 million in 2024 profit and Q3 2025 results on November 24, 2025. Formerly known as Nexters Inc., GDEV rebranded in June 2023 to reflect its evolution into a multi-studio hub focused on franchise growth and innovation.
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GDEV announces results for the second quarter and first half of 2025
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