GDEV Inc. (GDEV) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | 20.61M | 14.91M | -9.79M | 6.48M | 4.9M | 11.93M | 11.27M | 422K | 10.01M | 8.05M | 11.87M | -12.13M | 16.8M | 59.77M | 21.1M | 18.41M | 43.67M | 51.04M | -7.72M | 18.22M |
| Operating CF Margin % | 22.89% | 15.29% | -8.17% | 6.67% | 5.02% | 10.78% | 10.65% | 0.39% | 9.17% | 6.63% | 10.34% | -10.17% | 16.3% | 47.9% | 16.77% | 14.6% | 35.62% | 44.32% | -7.04% | 21.02% |
| Operating CF Growth % | 320.78% | 24.99% | -186.87% | 1434.6% | -51.07% | 48.3% | -5.05% | 103.48% | -40.43% | -86.54% | -43.71% | -165.89% | -61.52% | 17.11% | 373.3% | 1.03% | 5.24% | - | - | 171.51% |
| Net Income | 14M | 24M | 16.63M | 14.27M | -2.36M | 14.62M | 14.71M | -1.44M | 11.09M | 23.68M | 19.52M | -8.18M | -76.96M | 31.63M | 29.33M | 23.41M | 18.05M | -103.7M | -20.01M | -11.79M |
| Depreciation & Amortization | 2M | 2M | 1.66M | 1.61M | 1.62M | 1.62M | 1.34M | 1.6M | 1.62M | 1.75M | 1.5M | 1.41M | 1.54M | 1.74M | 2.15M | 1.47M | 827K | 645K | 609K | 459K |
| Stock-Based Compensation | 0 | 83K | 382K | 231.5K | 194K | 694K | 192K | 198K | 310K | 678K | 496K | 548K | 744K | 978K | 964K | 1.06M | -122.59M | 125.64M | 315K | 390K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.58M | -1.72M | -1.72M | -649K | 2.32M | 1.34M | 752K | 282K | 291K | 370K | 184K |
| Other Non-Cash Items | 4.61M | -11.09M | 5.7M | -694K | 3.19M | -15.83M | -1.52M | -3.21M | -1.19M | 4.05M | -13.92M | -15.5M | 88.7M | 16.96M | 6.24M | -7.04M | 129.56M | -12.99M | -663K | 1.76M |
| Working Capital Changes | 0 | 2.9M | -33.78M | -8.71M | 2.25M | 10.83M | -3.45M | 3.27M | -1.82M | -23.7M | 4.29M | 9.59M | 3.43M | 6.14M | -18.93M | -1.25M | 17.54M | 41.16M | 11.66M | 27.21M |
| Change in Receivables | 0 | 346K | -3.31M | -4.03M | 1.07M | 5.97M | -3.37M | 2.34M | -4.49M | -6.89M | 37K | 2.36M | -15.59M | 13.1M | 487.06K | -2.97M | 2.52M | 16.29M | -18.3M | -13.3M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.16M | 0 | 0 | 1.6M | -20.03M | 15.7M | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | -5.01M | 7.16M | 0 | 0 | -3.57M | -4.75M | 4.19M | -2.27M | -5.42M | 2.92M | 13.99M | 6.93M | -16.19M | -2.21M | -2.84M | -2.18M | 14.66M | 87.94K |
| Cash from Investing | -24.82M | 12.94M | -12.86M | -72K | 20.89M | 24.28M | -45.3M | 56.03M | 83K | -14.2M | -12.79M | -5.39M | -63.06M | -25.42M | -6.25M | -77.06M | -632K | -34K | -660K | -1.39M |
| Capital Expenditures | -328.1K | 212.16K | -103.16K | -109K | -60K | -145K | -79K | -59K | -360.39K | 8K | -114K | -97K | -127K | -324K | -111K | -512K | -582K | -316K | -355K | -184K |
| CapEx % of Revenue | 0.36% | 0.22% | 0.09% | 0.11% | 0.06% | 0.13% | 0.07% | 0.06% | 0.33% | 0.01% | 0.1% | 0.08% | 0.12% | 0.26% | 0.09% | 0.41% | 0.47% | 0.27% | 0.32% | 0.21% |
| Acquisitions | 6.29K | -16.15K | 13.15K | 3K | 0 | 0 | 0 | 0 | 0 | 509K | -2 | 0 | -1K | -7.06M | 1.59M | -66.61M | 81K | -6.37K | -23K | -1.22M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -807.13K | 56K | -178K | 122K | 20.95M | 24.43M | -45.23M | 56.09M | 1.84M | -607K | -12.68M | -5.29M | -62.93M | -18.03M | -7.72M | -9.94M | -131K | 282K | -282K | 8K |
| Cash from Financing | -60.17M | 60.71M | -4.57M | -56.14M | -159K | -1.07M | -130K | -43.58M | 35K | -1.2M | -174K | -613K | -276K | -278K | -675K | -675K | -5.48M | 14.08M | -50.7M | -574K |
| Debt Issued (Net) | 0 | -479K | 0 | 0 | 0 | -1.05M | -112K | -287K | 47K | -1.17M | -243K | -522K | -200.74K | -253K | -804K | -634K | -765K | -427K | -439K | -550K |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -58.69M | 60.3M | -4.31M | -55.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.68M | -105.15M | -50.23M | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.48M | 415.71K | -264.71K | -151K | -159K | -20K | -18K | -10.18M | -12K | -22K | 69K | -91K | -75.26K | -25K | 129K | -41K | -36K | 119.66M | -26K | -24K |
| Net Change in Cash | 62.91M | -41.55M | -20.1M | 61.65M | 24.48M | 35.81M | -33.87M | 12.83M | 10.79M | -7.58M | 256K | -18.45M | -44.75M | 32.45M | 15.37M | -59.1M | 37.35M | 64.56M | -59.01M | 15.36M |
| Free Cash Flow | 20.28M | 15.13M | -9.9M | 6.37M | 4.84M | 11.79M | 11.2M | 363K | 9.65M | 8.05M | 11.76M | -12.23M | 16.68M | 59.45M | 20.98M | 17.9M | 43.09M | 50.73M | -8.07M | 18.04M |
| FCF Margin % | 22.53% | 15.5% | -8.25% | 6.56% | 4.96% | 10.65% | 10.58% | 0.34% | 8.84% | 6.64% | 10.24% | -10.25% | 16.18% | 47.64% | 16.69% | 14.2% | 35.15% | 44.04% | -7.36% | 20.81% |
| FCF Growth % | 319.21% | 28.33% | -188.41% | 1653.99% | -49.87% | 46.35% | -4.8% | 102.97% | -42.14% | -86.45% | -43.96% | -168.31% | -61.3% | 17.2% | 359.91% | -0.78% | 3.86% | - | - | 169.25% |
| FCF per Share | 1.12 | 0.83 | -0.53 | 0.35 | 0.27 | 0.64 | 0.61 | 0.02 | 0.49 | 0.41 | 0.62 | -0.62 | 0.85 | 3.00 | 1.06 | 0.90 | 2.19 | 2.87 | -0.41 | 0.92 |
| FCF Conversion (FCF/Net Income) | 1.47x | 0.62x | -0.59x | 0.45x | -2.08x | 0.82x | 0.77x | -0.29x | 0.90x | 0.34x | 0.61x | 1.48x | -0.17x | 1.92x | 0.52x | 0.79x | 2.42x | -0.49x | 0.39x | -1.55x |
| Interest Paid | 0 | 23K | 22K | 22K | 15K | 21K | 18K | 22K | 12K | 22K | 9K | 13K | 13K | 25K | 36K | 41K | 36K | 4K | 26K | 24K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |