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GDEV Inc. saw revenue drop 12% in Q3 2025, but profit surged 66% due to major marketing cost cuts.
GDEV Inc. reported Q3 2025 revenue of $98 million, a 12% decline from the same period in 2024, but net profit rose 66% to $24 million due to a 43% drop in selling and marketing expenses.
Adjusted EBITDA increased to $26 million.
For the first nine months of 2025, revenue was $315 million, down 3% year-over-year, while net profit reached $55 million, up from $24 million in 2024.
The company cited cost efficiency, particularly in marketing, as key to improved profitability despite lower revenue.
Results are unaudited and based on internal reporting.
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GDEV Inc. registró una caída de ingresos del 12% en el tercer trimestre de 2025, pero las ganancias aumentaron un 66% debido a importantes recortes en los costos de marketing.