v3.26.1
Related party transactions
6 Months Ended
Jun. 30, 2026
Related party transactions  
Related party transactions

23.Related party transactions

As at June 30, 2026 the Company’s key shareholders are Andrey Fadeev owning 37% of the Company’s issued and outstanding shares and Dmitrii Bukhman and Igor Bukhman, each owning 20.54%. As at December 31, 2025 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%.

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, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Directors’ remuneration

 

656

 

709

 

478

 

477

-short-term employee benefits

 

356

 

409

 

178

 

177

-share-based payments

300

300

300

300

Other members of key management’s remuneration

 

557

 

655

 

277

 

320

-short-term employee benefits

 

484

 

491

 

240

 

237

-share-based payments

 

73

 

164

 

37

 

83

Total

 

1,213

 

1,364

 

755

 

797

(ii)

Licensing revenue

  ​ ​ ​

Six months ended

  ​ ​ ​

Six months ended

  ​ ​ ​

Three months ended

  ​ ​ ​

Three months ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Vistrex Limited

 

 

9

 

 

2

 

 

9

 

 

2

(iii)

Other operating income

  ​ ​ ​

Six months ended

  ​ ​ ​

Six months ended

  ​ ​ ​

Three months ended

  ​ ​ ​

Three months ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Income from recharging of services from GDEV Inc. to Castcrown Ltd

 

45

 

30

 

23

 

30

 

45

 

30

 

23

 

30

(iv)

Interest income

  ​ ​ ​

Six months ended

  ​ ​ ​

Six months ended

  ​ ​ ​

Three months ended

  ​ ​ ​

Three months ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Castcrown Ltd

 

17

26

7

 

11

 

17

26

7

 

11

(v)

Selling and marketing expense

  ​ ​ ​

Six months ended

  ​ ​ ​

Six months ended

  ​ ​ ​

Three months ended

  ​ ​ ​

Three months ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Advertising services from Castcrown to GameGears Ltd

 

 

18

 

 

 

 

18

 

 

(vi)

Trade and other receivables

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Receivable from Vistrex Ltd in GameGears Ltd

 

 

1

Receivable from Vistrex Ltd in Winchange Ltd

 

7

 

7

Receivable from Castcrown Ltd in GDEV Inc.

 

49

 

48

 

56

 

56

(vii)

Loans receivable

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Loan to Castcrown Ltd - net (Note 14)

 

 

1,331

 

 

1,331

The amount of ECL and change in fair value in respect of loans receivable from related parties is 35,776 as at June 30, 2026 and December 31, 2025.