Nexters (YI4) AI Stock Analysis
Nexters
(Frankfurt:YI4)
No summary available
Nexters (YI4) vs. iShares MSCI Germany ETF (EWG)
- Market Cap
- EUR 177.39M
- Dividend Yield
- ―
- Average Volume (3M)
- 171
- Price to Earnings (P/E)
- 2.3
- Beta (1Y)
- 2.59
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Germany
- Employees
- 488
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
Nexters Business Overview & Revenue Model
Company Description
GDEV Inc. operates as a global interactive entertainment firm, specializing in the development and provision of a diverse portfolio of digital games. Its offerings span various platforms, including desktop computers, mobile devices, web browsers, and...
Nexters Earnings Call Summary
The earnings call presented a mixed outlook. While there were significant achievements in terms of revenue growth, cash flow, leadership, and successful product launches, these were offset by year-over-year declines in revenue, bookings, net profit, and adjusted EBITDA. The company is focusing on long-term product improvements and geographical expansion, but current financial indicators show areas of concern.
Q3-2024 Updates
Positive Updates
Negative Updates
Company Guidance
During the GDEV Third Quarter 2024 Earnings Conference Call, the company reported a 5% quarter-over-quarter revenue growth, reaching $111 million, despite a 9% decline year-over-year. Bookings declined by 8% year-over-year to $93 million, attributed to strategic product improvements aimed at enhancing player experience and retention. Platform commissions decreased by 13% year-over-year, while marketing investments rose by $9 million to $52 million, aligning with efforts to increase marketing efficiency. The net profit for Q3 2024 was $15 million, down from $24 million the previous year, primarily due to increased marketing spend. Adjusted EBITDA stood at $16 million, reflecting a $13 million decrease year-over-year, although operating cash flows improved to $12 million from $8 million in Q3 2023. The company highlighted strategic geographic expansion, particularly in Europe, where bookings increased the region's share from 26% to 30%. Additionally, GDEV executed a one-for-ten reverse stock split and an at-the-market offering to enhance stock liquidity and market appeal. Overall, GDEV remains focused on sustainable growth through product evolution and marketing investments.
Nexters Risk Analysis
Nexters disclosed 69 risk factors in its most recent earnings report. Nexters reported the most risks in the "Tech & Innovation" category.
Latest Risks Added
1 New RiskNexters Peers Comparison
Overall Rating
DDI85Outperform
NTES83.4Outperform
BILI60Neutral
PLTK48.7Neutral
MYPS45Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| DDI | 85Outperform | $667.98M | 5.34 | 12.93% | ― | 13.89% | 18.17% |
| NTES | 83Outperform | $71.71B | 15.90 | 20.04% | 2.54% | 9.83% | -2.22% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| BILI | 60Neutral | $5.37B | 25.17 | 9.84% | ― | 10.34% | 620.66% |
| PLTK | 49Neutral | $755.21M | -2.77 | 82.92% | 19.80% | 5.84% | -421.33% |
| MYPS | 45Neutral | $54.29M | -1.26 | -20.93% | ― | -13.26% | -46.94% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DE:YI4 | Nexters Inc. | 8.10 | -12.30 | -60.29% | |
| NTES | Netease | 115.49 | -19.64 | -14.53% | |
| BILI | Bilibili | 13.51 | -15.17 | -52.89% | |
| DDI | Doubledown Interactive Co., Ltd. | 13.48 | 4.75 | 54.41% | |
| MYPS | Playstudios, Inc | 4.57 | -3.66 | -44.49% | |
| PLTK | Playtika Holding Corp. | 2.02 | -1.54 | -43.26% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.