Enables lysophospholipase activity and phosphoric diester hydrolase activity. Acts upstream of or within N-acylethanolamine metabolic process and phospholipid metabolic process. Located in membrane and perinuclear region of cytoplasm. Is expressed in several structures, including adrenal medulla; alimentary system; nervous system; sensory organ; and urinary system. Orthologous to human GDPD1 (glycerophosphodiester phosphodiesterase domain containing 1). [provided by Alliance of Genome Resources, Apr 2022]