Related party transactions |
26.Related party transactions As at June 30, 2025 and December 31, 2024, the Company’s key shareholders are Andrey Fadeev owning 21.97% of the Company’s issued and outstanding shares, Boris Gertsovsky owning 15.08%, and Dmitrii Bukhman and Igor Bukhman, each owning 20.54%. An aggregate of 1,030,217 shares were acquired by the Company in the tender offer from one of the key shareholders of the Company and one of the key managers of the Group. The transactions and balances with related parties are as follows: (i) | Directors and key management’s remuneration |
The remuneration of Directors and other members of key management was as follows: | | | | | | | | | | | Six months ended | | Six months ended | | Three months ended | | Three months ended | | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Directors’ remuneration | | 709 | | 579 | | 477 | | 345 | -short-term employee benefits | | 409 | | 579 | | 177 | | 345 | -share-based payments | | 300 | | — | | 300 | | — | Other members of key management’s remuneration | | 655 | | 627 | | 320 | | 220 | -short-term employee benefits | | 491 | | 469 | | 237 | | 203 | -share-based payments | | 164 | | 158 | | 83 | | 17 | Total | | 1,364 | | 1,206 | | 797 | | 565 |
| | | | | | | | | | | Six months ended | | Six months ended | | Three months ended | | Three months ended | | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Vistrex Limited | | 9 | | — | | 2 | | — | | | 9 | | — | | 2 | | — |
(iii) | Other operating income |
| | | | | | | | | | | Six months ended | | Six months ended | | Three months ended | | Three months ended | | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Income from recharging of services from GDEV Inc. to Castcrown Ltd | | 30 | | — | | 30 | | — | | | 30 | | — | | 30 | | — |
| | | | | | | | | | | Six months ended | | Six months ended | | Three months ended | | Three months ended | | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Castcrown Ltd | | 26 | | 25 | | 11 | | 25 | | | 26 | | 25 | | 11 | | 25 |
(v) | Selling and marketing expense |
| | | | | | | | | | | Six months ended | | Six months ended | | Three months ended | | Three months ended | | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Advertising services from Castcrown to GameGears Ltd | | 18 | | — | | — | | — | | | 18 | | — | | — | | — |
(vi) | Trade and other receivables |
| | | | | | | June 30, 2025 | | December 31, 2024 | Receivable from Vistrex Ltd in GameGears Ltd | | 26 | | 13 | Receivable from Vistrex Ltd in Winchange Ltd | | 7 | | 7 | Receivable from Castcrown Ltd in GDEV Inc. | | 30 | | — | | | 63 | | 20 |
| | | | | | | June 30, 2025 | | December 31, 2024 | Loan to Castcrown Ltd - net (Note 17) | | 345 | | 80 | | | 345 | | 80 |
The amount of ECL in respect of loans receivable from related parties is 42,717 and the amount related to the change in fair value is 8,246 as at June 30, 2025 and 25,166 and 8,624 as at December 31, 2024. (viii) | Trade and other payables |
| | | | | | | June 30, 2025 | | December 31, 2024 | Payable to Castcrown Ltd from GameGears Ltd | | — | | (46) | | | — | | (46) |
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