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London Stock Exchange · Technology

Invest in Devolver Digital stock from India

Indian and foreign residents can buy Devolver Digital (DEVO) shares directly through Paasa.

By Paasa · Updated

Devolver Digital at a glance

Price
£0.07+£0.00 (0.00%)
Market cap
£33.38M
Day range
£0.05 – £0.07
P/E
-2.61
Dividend yield
None
Volume
572.42K
1 month
-9.90%
6 months
-70.74%
YTD
-71.35%
1 year
-74.54%
5 years
-96.28%

Live chart and statistics

Devolver Digital statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$110.2M$104.8M$92.4M$134.6M$98.2M
Gross profit$32.9M$30.1M$24.5M$22.5M$39.2M
Operating income$1.8M−$7.2M−$13.0M−$99.1M$51.9M
Net income−$16.3M−$6.1M−$12.7M−$91.5M$30.6M
Earnings per share−$0.03−$0.01−$0.03−$0.21$0.07
EBITDA$27.0M$18.8M−$3.9M$13.8M−$56.7M
Total assets$193.2M$201.2M$196.8M$194.8M$279.1M
Total debt$880.3K$1.1M$1.0M$0.0$0.0
Cash and short-term investments$36.6M$42.1M$42.2M$79.5M$86.2M
Shareholders' equity$153.7M$165.5M$158.1M$170.7M$245.5M
Operating cash flow$30.8M$22.3M$11.7M$30.3M−$15.9M
Free cash flow$30.6M−$8.4M$11.7M−$2.4M−$50.2M
Capital expenditure−$221.6K−$30.7M−$51.0K−$32.7M−$34.3M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Frontier DevelopmentsFDEV.L£6.16£21.40B
ElecoELCO.L£2.30£19.20B
TribalTRB.L£0.84£17.97B
accesso TechnologyACSO.L£3.10£12.18B
FDMFDM.L£1.05£11.50B
Smarter WebSWC.AQ$42.44$11.44B
Quartix TechnologiesQTX.L£2.25£10.90B
XaarXAR.L£1.38£10.79B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Devolver Digital from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search DEVO and buy

    Find Devolver Digital by name or by its ticker, DEVO, and place your order.

Why invest in Devolver Digital from India

What Devolver Digital does

Devolver Digital, Inc. develops and publishes digital video games for PC, console, and mobile platforms. It also offers project and lifecycle management; development and production assistance; publishing; and technical and creative support services. Devolver Digital operates in the Electronic Gaming & Multimedia industry within the Technology sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Devolver Digital stock from India?

Yes. Indian residents and NRIs can buy Devolver Digital (DEVO) shares directly through Paasa. Devolver Digital is listed on the London Stock Exchange, in the Electronic Gaming & Multimedia industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Devolver Digital dividends taxed for Indian investors?

Devolver Digital trades on the London Stock Exchange but is domiciled in United States, so any withholding on its dividends follows that country's rules rather than those of the UK. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Devolver Digital shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Is there stamp duty when I buy Devolver Digital shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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