GDEV Inc. (GDEV) - Cash Flow Conversion Efficiency
Based on the latest financial reports, GDEV Inc. (GDEV) has a cash flow conversion efficiency ratio of -0.228x as of December 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 ($20.61 Million) by net assets ($-90.56 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See GDEV cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
GDEV Inc. - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how GDEV Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Metall Zug AG
SW:METN
|
-0.001x |
|
Seoyon E Hwa Co Ltd
KO:200880
|
0.017x |
|
Arkade Developers Ltd
NSE:ARKADE
|
-0.049x |
|
Iljin Holdings
KO:015860
|
0.059x |
|
Vestel Beyaz Esya Sanayi ve Ticaret AS
IS:VESBE
|
0.014x |
|
STINAG Stuttgart Invest AG
F:STG
|
N/A |
|
Niko Semiconductor Co Ltd
TWO:3317
|
0.009x |
|
Vine Hill Capital Investment Corp. II Class A Ordinary Shares
NASDAQ:VHCP
|
-0.002x |
Annual Cash Flow Conversion Efficiency for GDEV Inc. (2019–2025)
The table below shows the annual cash flow conversion efficiency of GDEV Inc. from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see GDEV market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $-90.56 Million | $29.45 Million | -0.325x | -15.72% |
| 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 | -- |
About GDEV Inc.
GDEV Inc. develops and publishes online games in the United States, Europe, Asia, and internationally. The company product offering includes Hero Wars, offers a suite of games across mobile, social, and web-based platforms. It also offers franchise 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 fo… Read more