Gdev Inc. · NASDAQ:GDEV
Gdev — Q4 2024 Earnings Presentation
11 slides from Gdev's earnings presentation, Nov 14, 2024
Slide 1: Q3 2024 Financial Results
Q3 2024 FINANCIAL RESULTS November 14, 2024 © GDEV 2024
Slide 2: Disclaimer
Disclaimer Forward-looking statements Presentation of Non-IFRS Financial Measures Certain statements in this presentation may constitute “forward-looking statements” In addition to the results provided in accordance with IFRS throughout this for purposes of U.S. federal securities laws. Such stateme
Slide 3: Key operating metrics and financial measure used in the presentation
Key operating metrics and financial measure used in the presentation Operating metrics Non-IFRS measure • Monthly Paying Users (MPUs) are the number of individuals who made a purchase Adjusted EBITDA. The Company defines Adjusted EBITDA as the profit/loss for the period, of a virtual item at least o
Slide 4: Financial highlights
Financial highlights Revenue, $MLN Total costs and expenses, excl. D&A, $MLN Other 10% -10% -8% -9% -11% 99 107 89 94 89 Platform commissions 20% Selling and 21% 20% 22% 20% marketing 22% 25% expenses 25% 109 107 106 111 26% 25% 98 54% 58% 53% 55% 55% 4Q23 1Q24 2Q24 3Q24 4Q24 4Q23 1Q24 2Q24 3Q24 4Q2
Slide 5: Operating highlights
Operating highlights Bookings, $MLN Monthly paying users, ‘000 Average bookings per paying user, $ 4% 4% -3% -8% -11% 13% 0% -3% -16% -19% -11% 4% 2% 10% -10% 106 109 108 381 381 102 359 92 92 93 94 314 88 88 292 4Q23 1Q24 2Q24 3Q24 4Q24 4Q23 1Q24 2Q24 3Q24 4Q24 4Q23 1Q24 2Q24 3Q24 4Q24 Source: Comp
Slide 6: Diversification
Diversification By games By platforms By geography 4% 3% Pixel Gun 3D PC Other 7% 5% Island Hoppers Mobile 13% 15% Asia Hero Wars: Dominion Era Europe Hero Wars: Alliance 43% 43% US 21% 42% 24% 42% 32% 27% 57% 57% 47% 50% 34% 34% 4Q23 4Q24 4Q23 4Q24 4Q23 4Q24 Source: Company Information (unaudited)
Slide 7: Appendix
APPENDIX FY 2024 Financial Results 7
Slide 8: Consolidated statement of comprehensive income
Consolidated statement of comprehensive income Source: Company Information (unaudited) FY 2024 Financial Results 8
Slide 9: Consolidated statement of financial position
Consolidated statement of financial position Source: Company Information (unaudited) FY 2024 Financial Results 9
Slide 10: Consolidated cash flow statement
Consolidated cash flow statement Source: Company Information (unaudited) FY 2024 Financial Results 10
Slide 11: Reconciliation of the profit/loss for the period to the Adjusted EBITDA
Reconciliation of the profit/loss for the period to the Adjusted EBITDA 2 Source: Company Information (unaudited) (1) Adjusted finance income/expenses consist of all finance income/expenses other than foreign exchange gains/losses and bank charges, net. (2) Starting from Q1 2024 the company reports