GDEV Inc.

GDEV Inc. is a gaming holding company that develops and publishes free-to-play video games for mobile, web, and social platforms. The company offers titles across multiple genres, including role-playing, casual adventure, and first-person shooter games. Its flagship franchise is Hero Wars, a mid-core role-playing game available on mobile operating systems and desktop browsers. Other titles in its portfolio include Island Hoppers, a casual farming adventure game, and Pixel Gun 3D, a shooter game. The company monetizes its products primarily through optional in-game purchases and digital advertising, catering to a global audience of consumer video game players.

The company operates internationally, serving players in more than 70 countries, with primary user markets across the United States, Europe, and Asia. GDEV employs 488 people and maintains offices in Armenia and Kazakhstan. Its flagship game engages 5.4 million monthly active users globally. The company maintains its principal executive offices and headquarters in Limassol, Cyprus.

Summary of the business section of GDEV's latest annual report, written by StockData.

“As of December 31, 2025, we had approximately 475 employees among the Group’s companies, of whom approximately 171 were women, with approximately 201 employees in Cyprus and approximately 274 employees in Armenia, Kazakhstan and certain other countries.”