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 … Read more
GDEV Inc. (GDEV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.142x
Based on the latest financial reports, GDEV Inc. (GDEV) has a cash flow conversion efficiency ratio of -0.142x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($14.92 Million) by net assets ($-105.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
GDEV Inc. - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how GDEV Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
GDEV Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GDEV Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Apcotex Industries Limited
NSE:APCOTEXIND
|
0.185x |
|
Girisim Elektrik Taahhut Ticaret & Sanayi AS
IS:GESAN
|
0.006x |
|
Daishin Balance No.6 Special Purpose Acquisition Co. Ltd
KQ:307750
|
0.040x |
|
Zespol Elektrowni Patnow Adamow Konin SA
WAR:ZEP
|
0.081x |
|
INTELLICHECK MOBI.DL-001
F:J5L1
|
N/A |
|
Iceland Seafood International hf.
IC:ICESEA
|
0.051x |
|
Evertop Wire Cable Corp
TW:1616
|
-0.077x |
|
VisionWave Holdings, Inc. Common Stock
NASDAQ:VWAV
|
0.458x |
Annual Cash Flow Conversion Efficiency for GDEV Inc. (2019–2024)
The table below shows the annual cash flow conversion efficiency of GDEV Inc. from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-101.53 Million | $28.52 Million | -0.281x | -56.19% |
| 2023-12-31 | $-99.81 Million | $17.95 Million | -0.180x | +76.95% |
| 2022-12-31 | $-148.78 Million | $116.08 Million | -0.780x | -19.09% |
| 2021-12-31 | $-161.05 Million | $105.52 Million | -0.655x | +44.65% |
| 2020-12-31 | $-101.91 Million | $120.62 Million | -1.184x | -284.44% |
| 2019-12-31 | $-48.57 Million | $14.95 Million | -0.308x | -- |