Handelsavisen
prelaunch
DE
DEVO.L Online Services

Devolver Digital Inc

$21,00
Open in Charts → Attach watcher ⌖
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Devolver Digital Inc is a digital distribution platform for video games, primarily generating revenue through the sale of games on its platform and through publishing deals with game developers.

Business. Devolver Digital Inc (DEVO.L) is a technology company operating within the Online Services industry, specifically under the Software & IT Services sector. The firm generates revenue primarily through an advertising model, with key performance indicators including monthly active users and average revenue per user. The company is listed on the London Stock Exchange under the ticker DEVO.L. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not provided in the available data.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustryOnline Services
Generated · model-assisted
Sell-side consensus
BUY5 analysts
5 buy0 hold0 sell
Avg 12m price target35,00

Analyst recommendations

5 analysts · consensus Buy
Buy5
Hold0
Sell0
12-month price target
35,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
24
composite score
Valuation
valuation pending
Analysts
Buy
5 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
57
quality score (0-100)

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning DEVO.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,2 %+1,6 %+2,4 %
    Energy+1,2 %+5,3 %+1,4 %
    Real Estate+0,7 %+4,1 %+0,8 %
    Health Care+0,7 %−0,5 %+0,8 %
    Consumer Discretionary+0,3 %+8,7 %+0,5 %
    Information Technology · THIS SECTOR−0,3 %+6,6 %−0,1 %
    Financials−0,3 %−4,5 %−0,1 %
    Consumer Staples−1,0 %+3,0 %−0,8 %
    Utilities−1,5 %−21,2 %−1,3 %
    Industrials−1,7 %−2,3 %−1,6 %
    Communication Services

    Developing storylines

    No tracked sagas currently linked to DEVO.L. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-07 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score24 / 100
    Composite score 0-100 · Data quality 0,57
    Data quality0,57 / 1.00

    Synthesis

    Business

    Devolver Digital Inc (DEVO.L) is a technology company operating within the Online Services industry, specifically under the Software & IT Services sector. The firm generates revenue primarily through an advertising model, with key performance indicators including monthly active users and average revenue per user. The company is listed on the London Stock Exchange under the ticker DEVO.L. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not provided in the available data.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustryOnline Services
    AI synthesis
    GENERATED

    Devolver Digital Inc has a capital structure with 485,471,127 basic and diluted shares outstanding, indicating no immediate dilution pressure from share issuance. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.

    Profitability and returns data are not available in the current valuation snapshot, making it difficult to compare Devolver Digital Inc's performance against industry_config preferred metrics or cohort medians. This lack of data limits the ability to assess the company's financial health relative to its peers.

    Devolver Digital Inc's revenue is primarily concentrated in its digital distribution and publishing segments, with no disclosed geographic breakdown. The company's exposure to specific markets or regions is not quantified in the available data.

    Growth trajectory data is not available in the current outlook, as no numeric deltas or revenue history are provided. This absence of data makes it challenging to assess the company's future growth potential.

    Risk factors include the inability to assess liquidity risk due to missing balance-sheet inputs and no going-concern language in source documents. Additionally, the company's dilution risk is currently low, but this could change if new financing or share issuance is announced.

    Recent events and filings do not provide specific details on the company's financial or operational developments. No recent transcripts or filings are available to inform on strategic changes or performance updates.

    Key takeaways
    • Devolver Digital Inc has no immediate dilution pressure, with basic and diluted shares outstanding being equal.
    • Liquidity risk could not be assessed due to missing balance-sheet inputs and no going-concern language in source documents.
    • Profitability and returns data are not available, limiting the ability to compare the company's performance against industry metrics.
    • The company's revenue is concentrated in digital distribution and publishing segments, with no geographic breakdown provided.
    • Growth trajectory data is not available, making it difficult to assess future growth potential.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2026-04-09
    FY 2026 · Full-year highlights

    Revenue $107.9M, +3,0% YoY; Operating income +56,2% YoY.

    Revenue$107.9M+3,0 % YoY
    Operating income-$3.1M+56,2 % YoY
    Net income-$16.0M−160,1 % YoY
    Free cash flow-$27.7M−134,4 % YoY
    EPS
    Operating cash flow$29.9M+34,3 % YoY
    Financials
    Income statement
    Revenue$107.9M
    Gross profit$37.9M
    Operating income-$3.1M
    Net income-$16.0M
    Margins
    Gross margin35.1%
    Operating margin-2.9%
    Net margin-14.8%
    FCF margin-25.7%
    Balance sheet
    Total assets$193.1M
    Total liabilities$39.4M
    Total equity$153.7M
    Cash & equivalents
    Long-term debt$880.0k
    Cash flow
    Operating cash flow$29.9M
    CapEx-$36.5M
    Free cash flow-$27.7M
    SBC
    P&L flow · revenue → net income
    Revenue $107.9MOperating costs $111.0MTax $12.8MNet income $16.0M
    Highlights
    • Revenue $107.9M, +3,0% YoY
    • Operating income +56,2% YoY
    • Net income −160,1% YoY
    • Free cash flow −134,4% YoY
    • Net margin -14.8%

    Valuation FY

    Market price
    $21,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,02
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    5
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-11 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,02
    Revenueno estimateno estimate115,5M USD
    Operating incomeno estimateno estimate11,0M USD
    Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-07-07

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution5 analysts
    Strong buy2
    Buy3
    Hold0
    Sell0
    Strong sell0
    12-month price target$35,00 · Median $35,50
    Low $28,00High $41,00
    Operating income · consensus11,0M USD
    EPS surprise
    −166,0 %
    reported vs consensus · miss
    Revenue surprise
    −6,6 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$28,00
    Mean$35,00
    Median$35,50
    High$41,00
    Spot$21,00
    +66.7 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Devolver Digital Inc Market data — financials · 2026-05-27
    • Devolver Digital Inc Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    DEVO.LCanonical
    — · USD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-04-09 12:09 UTCEARNINGSAnnual results — FY 2026 Revenue USD 107.9M · Net USD -16.0M
    2025-04-10 07:00 UTCEARNINGSAnnual results — FY 2025 Revenue USD 104.8M · Net USD -6.1M
    2024-04-18 07:00 UTCEARNINGSAnnual results — FY 2024 Revenue USD 92.4M · Net USD -12.7M
    2023-04-11 07:00 UTCEARNINGSAnnual results — FY 2023 Revenue USD 134.6M · Net USD -91.5M
    2022-04-04 07:00 UTCEARNINGSAnnual results — FY 2022 Revenue USD 98.2M · Net USD 30.6M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-07 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage