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Pixel Gun 3D cover

Pixel Gun 3D

GameBy Cubic Games Studio · Released May 2, 2013

Documents about Pixel Gun 3D

Cover of GDE 1Q 2024 Financial Results
Financial report11 pages

GDE 1Q 2024 Financial Results

GDE's first-quarter 2024 results show a business still contracting year over year but moving back toward operating breakeven after a heavy loss in the prior-year quarter.

  • The company achieved a positive operating profit of $1.9 million in Q1 2024, a significant turnaround from the $13.5 million operating loss recorded in Q1 2023.
  • Net loss narrowed substantially to $1.4 million in Q1 2024, down from $8.2 million in the same period last year.
  • Total revenue declined 10.4% year-over-year, falling from $119.3 million in Q1 2023 to $106.9 million in Q1 2024.
GDevMay 2024
Financial report1 page

GDev Form 20-F: FY2023

GDEV Inc.

  • As of December 31, 2023, GDEV reported 5.6 million Monthly Active Users (MAUs) and 264,000 Monthly Paying Users (MPUs), representing a monthly payer conversion rate of 4.7%.
  • The company’s Average Bookings Per Paying User (ABPPU) reached $120.3 per month, with web platform users contributing a higher average of $136.3 per month.
  • Bookings from the former Soviet Union (FSU) markets accounted for 8% of total 2023 bookings, a segment the company expects to see continued negative pressure due to ongoing geopolitical instability and sanctions.
GDevApr 2024
Cover of Q3’23 Financial Results
Financial report11 pages

Q3’23 Financial Results

Q3 2023 results for this mobile and PC game publisher, best known for the Hero Wars franchise, show a company growing its paying audience while profitability compresses sharply as it reinvests in user acquisition.

  • Q3 2023 revenue fell 5% year-over-year to $121 million, while Adjusted EBITDA dropped 35% to $29 million due to a doubling of marketing spend to $43 million for player acquisition.
  • Monthly Paying Users (MPUs) increased by 23% to 375,000, though Average Bookings Per Paying User (ABPPU) declined by 26% to $84.
  • The flagship Hero Wars franchise reached a lifetime booking milestone of $1.55 billion across mobile and PC platforms.
GDevNov 2023
Financial report1 page

GDev Form 20-F: FY2022

GDEV Inc. (formerly Nexters), a British Virgin Islands holding company based in Cyprus and listed on Nasdaq, reports on fiscal 2022 as a top-five independent European mobile game developer.

  • GDEV Inc. is a top-five independent game developer in Europe based on 2022 in-game purchase revenue, net of platform fees.
  • The company operates a portfolio of three actively managed games across casual, RPG, and FPS genres, including the acquired title Pixel Gun 3D.
  • GDEV has pursued an inorganic growth strategy since becoming a public company, completing the acquisition of four midcore gaming studios to expand its portfolio and player base.
GDevJun 2023