Recent Updates — GDEVW
GDEV Inc. reported unaudited financial results for the second quarter and first half of 2026. Revenue decreased 22% year-over-year to $94 million in Q2 and 11% to $193 million in H1, driven by lower bookings from a 23% decline in monthly paying users. Despite revenue contraction, net profit increased to $20 million in Q2 (from $17 million) and $37 million in H1 (from $31 million), supported by a 38% reduction in selling and marketing expenses to $33 million and improved share of profits from equity-accounted associates. The company also sold the mobile game "Island Hoppers" for $5.0 million on August 13, 2026. GDEV Inc. operates as an international gaming and entertainment holding company focused on developing and growing its franchise portfolio.
GDEV Inc. notified holders that its outstanding public and private warrants will expire on August 26, 2026, at 5:00 p.m. New York City time. The warrants, which allow the purchase of one ordinary share for every ten warrants at an exercise price of $115.00 per share, are currently out of the money. Following expiration, the public warrants listed under the symbol GDEVW will be delisted from the Nasdaq Global Market. GDEV Inc. is a technology company focused on mobile gaming.