GDEV Inc. (GDEV) Q1 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone and thank you for joining us today for the first quarter 2024 Earnings Results presentation for GDEV Inc. Today on the call we'll present Andrey Padeev, Founder and Chief Executive Officer, Alexander Karavaev, Chief Financial Officer, and Roman Safiulin, Chief Corporate Development Officer. Before we get started, I would like to remind you that today's discussion may contain forward-looking statements which may not develop as we currently expect. We have posted a supplementary slide deck to the Investor Relations section of our website at GDEF.inc, which contains information and precautionary warnings on forward-looking statements, as well as our non-IFRS financial measures. And we will also post our prepared remarks. For a more complete discussion of the risks and uncertainties, please see our filings with the SEC. With that, I am turning it over to Andrey. Hello, everyone. Today, I am delighted to present to you the GDEV preliminary first quarter 2024 earnings results. We will share the progress we've made during the first quarter of 2024, discuss our initiatives to increase shareholder value, and highlight recent developments in our gaming franchise portfolio. The past two years have been challenging for the world, the global gaming industry, and our company. However, I believe we have navigated these turbulent times most competently. We returned to year-over-year bookings growth in the fourth quarter 2023, and we are happy to see that trend continuing into the first quarter of this year. We adopted a new product development strategy for our portfolio studios, which strive to be on top of their genre, delivering fun and engaging experiences for our players worldwide. Our flagship IP Hero Wars continues to perform strongly across various platforms. M...