Gdev Inc. · NASDAQ:GDEV
Gdev — Q1 2024 Earnings Presentation
11 slides from Gdev's earnings presentation, May 28, 2024
Slide 1: 1Q'2024 Financial Results
1Q’2024 Financial Results May 28, 2024
Slide 2: Disclaimer
Disclaimer Forward-looking statements Certain statements in this presentation may constitute “forward-looking statements” for purposes of U.S. federal securities laws. Such statements are based on current expectations that are subject to risks and uncertainties. In addition, any statements that refe
Slide 3: Key operating metrics used in the presentation
Key operating metrics used in the presentation In this presentation, we use a number of key operating and non-IFRS financial metrics which we believe accurately, in material aspects, reflect the principal parameters of our historic and projected performance. For further information, regarding our op
Slide 4: Financial highlights
Financial highlights Revenue, $mn Total costs and expenses, excl. D&A, $mn Year-over-year change, % -5% -9% -5% 10% -10% Other Platform commissions Selling and marketing expenses 119 115 121 131 109 107 18% 99 99 105 91 17% 22% 21% 21% 22% 22% 28% 25% 31% 60% 51% 54% 60% 47% 1Q23 2Q23 3Q23 4Q23 1Q24
Slide 5: Operating highlights
Operating highlights Bookings, $mn Monthly paying users, ‘000 Average bookings per paying user, $ Year-over-year change, % Year-over-year change, % Year-over-year change, % -19% -1% -6% 4% 4% 2% 15% 23% 14% 0% -23% -16% -26% -11% 4% 383 392 92 375 381 88 111 87 109 359 84 84 104 106 102 1Q23 2Q23 3Q
Slide 6: Diversification by games/ platforms/ geography
Diversification by games/ platforms/ geography Diversification by games, % Diversification by platforms, % Diversification by geography, % by bookings by bookings by bookings Pixel Gun 3D Hero Wars: Dominion Era PC Mobile Island Hoppers Hero Wars: Alliance 100 100 5% 3% 5% 7% Other 16% 15% 36% 38% 3
Slide 7: Appendix
Appendix 7
Slide 8: Consolidated statement of comprehensive income
Consolidated statement of comprehensive income ‘000 $ 8 Source: Company Information (preliminary and unaudited)
Slide 9: Consolidated statement of financial position
Consolidated statement of financial position ‘000 $ 9 Source: Company Information (preliminary and unaudited)
Slide 10: Consolidated cash flow statement
Consolidated cash flow statement ‘000 $ 10 Source: Company Information (preliminary and unaudited)
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 Mln $ 11 (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 D&A expenses by function as a par