Nexters

Nexters strengthens its platform diversification with Throne Rush web release

Retrieved on: 
Friday, October 29, 2021

Throne Rush was one of our first success stories, says Anton Reinhold, Chief Operating Officer at Nexters.

Key Points: 
  • Throne Rush was one of our first success stories, says Anton Reinhold, Chief Operating Officer at Nexters.
  • Throne Rush is now being made available on a web platform and offers a distilled version of the gameplay that its fans came to know and love.
  • The web release of Throne Rush is line with Nexters growth strategy which, besides consolidation of players in the gaming industry, is committed to further proactive expansion into platforms, regions and genres.
  • Please find more information about Nexters at https://nexters.com and follow Nexters on LinkedIn and Twitter .

Nexters to Boost Independent Game Developers

Retrieved on: 
Wednesday, September 29, 2021

The international game development company, Nexters Inc. (Nasdaq: GDEV) announced the start of its new program, Nexters Boost.

Key Points: 
  • The international game development company, Nexters Inc. (Nasdaq: GDEV) announced the start of its new program, Nexters Boost.
  • Nexters invites developers to apply to Nexters Boost at: https://boost.nexters.com .
  • The Nexters Boost team includes leading developers, marketing specialists, analysts, and strategists.
  • As a public company, Nexters plans to grow as a game developer and its M&A strategy begins with Nexters Boost, aimed at finding promising titles in their early stages of development and growth.

Nexters Shows Record High Bookings and Revenue in Q2 and First Half of 2021

Retrieved on: 
Wednesday, September 22, 2021

In the first half of 2021 our revenue increased by $74 million (or 61%) year over year and amounted to $196 million, driven mainly by an increase in bookings in the amount of $60 million.

Key Points: 
  • In the first half of 2021 our revenue increased by $74 million (or 61%) year over year and amounted to $196 million, driven mainly by an increase in bookings in the amount of $60 million.
  • Platform commissions increased by 51% in the first half 2021 compared with the same period in 2020, driven primarily by the increase in revenues.
  • Selling and marketing expenses in the first half 2021 increased by $82 million (more than doubling year over year), and amounted to $155 million.
  • Net loss in the first half of 2021 amounted to $32 million vs. net income of $4 million in the respective period of 2020.

Nexters Inc to Announce Second Quarter 2021 Financial Results on September 22, 2021

Retrieved on: 
Friday, September 17, 2021

MOSCOW, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Nexters Inc. (NASDAQ: GDEV), an international game development company which strives to introduce the joy of core gaming experiences to casual players, today announced that its financial results for the second quarter and half-year ended June 30, 2021 will be released on Wednesday, September 22, 2021.

Key Points: 
  • MOSCOW, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Nexters Inc. (NASDAQ: GDEV), an international game development company which strives to introduce the joy of core gaming experiences to casual players, today announced that its financial results for the second quarter and half-year ended June 30, 2021 will be released on Wednesday, September 22, 2021.
  • Nexters will host a conference call and webcast to discuss its results at 10:00 a.m. U.S. Eastern Time (5:00 p.m. Moscow time, 3:00 p.m. London time) the same day.
  • We recommend to use the dial-in option only if you would like to ask questions.
  • In this case please dial in at least 15 minutes prior to the call start time and clearly state the requested information.

Nexters and Kismet Acquisition One Corp Complete Business Combination; Shares Will Begin Trading as “GDEV” on Nasdaq

Retrieved on: 
Friday, August 27, 2021

The combined company will operate as Nexters Inc. and today on August 27, 2021 its ordinary shares and warrants will begin trading on the Nasdaq Global Market under the new ticker symbols GDEV and GDEVW, respectively.

Key Points: 
  • The combined company will operate as Nexters Inc. and today on August 27, 2021 its ordinary shares and warrants will begin trading on the Nasdaq Global Market under the new ticker symbols GDEV and GDEVW, respectively.
  • Ivan Tavrin, Chairman and CEO of Kismet Acquisition One Corp, said, On behalf of the Kismet team, I am thrilled to bring Nexters and its innovative products to the public markets.
  • We are excited to support Nexters continued growth and see Nexters established as a leader in the expanding gaming industry.
  • There can be no assurance that future developments affecting Kismet and Nexters will be those that Kismet and Nexters have anticipated.

Nexters Officially Releases Chibi Island, a New Farm and Adventure Mobile Game, After Successful Soft Launch

Retrieved on: 
Wednesday, July 28, 2021

Players are welcome to land and explore the new farm and adventure game, Chibi Island, available on iOS and Google Platform .

Key Points: 
  • Players are welcome to land and explore the new farm and adventure game, Chibi Island, available on iOS and Google Platform .
  • Chibi Island has been in live testing since it had a soft launch in December 2020 with a limited set of features and content.
  • Chibi Island succeeds Island Experiment, a casual farm game first launched on social media channels back in 2014, with nearly 30 million installs to date.
  • Despite the significant player base, the Nexters development team saw a need for a major overhaul to the game to grow the titles popularity.

Nexters Reports 40% Bookings Growth in Q2 2021, Confirms PIPE Investment and SPAC Transaction Closing Timeline

Retrieved on: 
Monday, July 19, 2021

Fueled by successful marketing initiatives, Nexters reached $154 million in Bookings in Q2 2021 - 40% higher year-over-year for the same period in 2020.

Key Points: 
  • Fueled by successful marketing initiatives, Nexters reached $154 million in Bookings in Q2 2021 - 40% higher year-over-year for the same period in 2020.
  • Additional investment has been secured thus letting Nexters to meet the minimum cash condition required under the business combination agreement.
  • $50 million will be invested via PIPE (Private Investment in Public Equity) by Mubadala Investment Company and VPE Capital.
  • The PIPE investment along with $50 million from SPAC sponsor Kismet Sponsor Limited provides the required minimum of $100 million.

Nexters Raises Financial Forecasts as It Beats Anticipated Post-COVID-19 Trends

Retrieved on: 
Thursday, July 1, 2021

This performance comes in spite of industrys cautious expectations regarding post-COVID-19 trends, and has led the company to revise its forecasts for 2021 and beyond.

Key Points: 
  • This performance comes in spite of industrys cautious expectations regarding post-COVID-19 trends, and has led the company to revise its forecasts for 2021 and beyond.
  • Our games wont stop being fun when the pandemic ends, Nexters CEO and Cofounder Andrey Fadeev said.
  • Nexters is an international game development company which strives to introduce the joy of core gaming experiences to casual players.
  • There can be no assurance that future developments affecting Kismet and Nexters will be those that Kismet and Nexters have anticipated.