Gravity Co., Ltd. (GRVY) Income Statement Analysis

See more : Navneet Education Limited (NAVNETEDUL.NS) Income Statement Analysis – Financial Results

Complete financial analysis of Gravity Co., Ltd. (GRVY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Gravity Co., Ltd., a leading company in the Electronic Gaming & Multimedia industry within the Technology sector.

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Gravity Co., Ltd. (GRVY)

Industry: Electronic Gaming & Multimedia

Sector: Technology

Website: https://www.gravity.co.kr

About Gravity Co., Ltd.

Gravity Co., Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and Japan. The company offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Prequel II. Its mobile games portfolio includes Ragnarok M: Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; and Paladog Tactics. The company also provides console games, such as Ragnarok DS for Nintendo DS; Ragnarok: The Princess of Light and Darkness for PlayStation Portable; Ragnarok Odyssey for PlayStation Vita; Double Dragon II for Xbox 360; Ragnarok Odyssey Ace for PlayStation Vita and PlayStation 3; and GRANDIA HD Collection for Nintendo Switch. In addition, it offers games for IPTV, including Pororo: The Little Penguin; and markets dolls, stationery, food, and other character-based merchandises, as well as game manuals, monthly magazines, and other publications. Further, the company provides system development and maintenance services, as well as system integration services to third parties. As of December 31, 2021, it owned 156 registered domain names. The company was incorporated in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	725.52B	463.62B	413.94B	405.95B	360.97B	286.77B	141.62B	34.96B	35.66B	35.36B	42.44B	51.95B	40.22B	38.98B	43.95B	53.17B	40.25B	39.07B	52.82B	62.26B	46.04B	9.49B	0.00	405.00M
Cost of Revenue	484.96B	267.37B	224.17B	239.04B	265.79B	210.04B	94.23B	14.05B	30.28B	30.62B	30.92B	28.67B	11.33B	12.13B	13.78B	27.77B	19.49B	16.93B	15.87B	9.96B	7.45B	1.19B	0.00	336.00M
Gross Profit	240.56B	196.25B	189.77B	166.91B	95.18B	76.73B	47.39B	20.91B	5.38B	4.75B	11.51B	23.28B	28.90B	26.85B	30.17B	25.40B	20.76B	22.14B	36.95B	52.30B	38.59B	8.30B	0.00	69.00M
Gross Profit Ratio	33.16%	42.33%	45.84%	41.12%	26.37%	26.76%	33.46%	59.80%	15.08%	13.42%	27.13%	44.81%	71.84%	68.89%	68.65%	47.77%	51.58%	56.68%	69.96%	84.00%	83.82%	87.50%	0.00%	17.04%
Research & Development	13.49B	13.80B	16.57B	15.03B	9.50B	7.08B	5.24B	1.97B	5.28B	4.85B	6.22B	5.13B	1.74B	4.65B	1.80B	2.15B	5.76B	8.81B	9.12B	1.96B	1.73B	1.19B	1.31B	208.00M
General & Administrative	47.70B	43.59B	36.59B	30.29B	20.42B	17.68B	15.27B	12.81B	9.60B	14.26B	10.91B	12.52B	10.21B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	13.66B	29.90B	35.95B	30.08B	14.95B	17.26B	12.53B	2.41B	1.88B	1.61B	2.62B	4.37B	6.80B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	61.36B	91.41B	92.20B	60.38B	35.37B	34.94B	33.25B	15.22B	11.48B	15.87B	13.54B	16.89B	17.01B	20.41B	18.40B	23.49B	29.05B	26.28B	30.47B	13.25B	12.06B	4.74B	0.00	211.00M
Other Expenses	5.35B	-13.80B	-16.57B	1.97B	1.47B	92.04M	-64.87M	290.59M	624.00M	57.81M	209.00M	702.84M	5.75B	20.42B	23.30B	23.49B	37.67B	24.97B	30.47B	13.25B	12.06B	4.74B	0.00	211.00M
Operating Expenses	80.19B	91.41B	92.20B	77.38B	46.34B	42.84B	33.25B	15.22B	16.76B	15.87B	20.24B	22.55B	20.43B	20.41B	18.40B	25.63B	43.43B	33.78B	39.59B	15.22B	13.79B	5.93B	1.31B	419.00M
Cost & Expenses	565.15B	358.78B	316.37B	316.43B	312.13B	252.88B	127.49B	29.27B	47.04B	46.49B	51.17B	51.22B	31.76B	32.54B	32.18B	53.41B	62.92B	50.71B	55.46B	25.17B	21.24B	7.12B	1.31B	755.00M
Interest Income	11.49B	13.21B	1.27B	902.00M	1.35B	807.22M	541.00M	522.00M	671.00M	1.13B	1.29B	1.80B	1.65B	1.83B	2.27B	2.86B	0.00	2.84B	2.82B	0.00	102.50M	0.00	0.00	0.00
Interest Expense	162.00M	127.00M	115.00M	186.00M	277.45M	12.17M	209.97M	0.00	4.00M	11.00M	41.00M	55.00M	58.00M	32.00M	41.00M	31.00M	0.00	90.48M	2.14B	0.00	6.45B	0.00	0.00	0.00
Depreciation & Amortization	7.66B	7.06B	6.32B	4.92B	3.65B	1.41B	520.00M	236.54M	4.76B	5.45B	6.71B	5.86B	664.76M	2.95B	5.14B	8.50B	7.49B	7.11B	5.31B	3.19B	1.78B	1.19B	0.00	0.00
EBITDA	176.52B	117.07B	101.99B	93.12B	49.51B	34.71B	14.66B	4.38B	-10.91B	-5.60B	-6.75B	-9.23B	9.18B	9.39B	18.63B	14.33B	-15.19B	-4.52B	2.67B	40.42B	32.74B	3.56B	-1.31B	-350.00M
EBITDA Ratio	24.33%	26.03%	24.64%	23.64%	15.08%	12.43%	10.36%	18.46%	-14.91%	-15.84%	5.57%	33.46%	32.61%	24.09%	53.57%	20.92%	-17.53%	-13.44%	7.83%	65.80%	57.24%	37.50%	0.00%	-86.42%
Operating Income	160.37B	104.84B	97.56B	89.47B	48.80B	33.89B	14.14B	5.69B	-17.23B	-11.12B	-8.73B	727.71M	8.46B	6.44B	11.77B	-236.00M	-22.67B	-11.63B	-2.64B	37.08B	24.80B	2.37B	-1.31B	-350.00M
Operating Income Ratio	22.10%	22.61%	23.57%	22.04%	13.52%	11.82%	9.98%	16.27%	-48.31%	-31.45%	-20.57%	1.40%	21.04%	16.52%	26.78%	-0.44%	-56.33%	-29.78%	-5.00%	59.56%	53.86%	25.00%	0.00%	-86.42%
Total Other Income/Expenses	8.33B	5.04B	2.58B	-357.00M	2.45B	550.00M	423.00M	-7.00M	1.55B	977.00M	2.09B	-18.35B	-3.43B	1.84B	-4.70B	6.03B	3.44B	2.16B	-779.45M	-4.71B	-267.50M	-2.37B	0.00	350.00M
Income Before Tax	168.70B	109.88B	99.30B	88.01B	51.26B	34.44B	14.46B	2.48B	-15.68B	-11.03B	-12.75B	-11.25B	7.99B	7.78B	7.07B	5.79B	-19.23B	-9.47B	-3.42B	32.69B	18.67B	0.00	0.00	0.00
Income Before Tax Ratio	23.25%	23.70%	23.99%	21.68%	14.20%	12.01%	10.21%	7.10%	-43.97%	-31.18%	-30.03%	-21.65%	19.86%	19.96%	16.09%	10.90%	-47.77%	-24.25%	-6.47%	52.51%	40.55%	0.00%	0.00%	0.00%
Income Tax Expense	36.72B	26.82B	33.42B	25.46B	11.53B	3.05B	1.14B	3.22B	1.35B	9.16B	5.24B	2.98B	-6.78B	3.64B	3.99B	3.38B	2.92B	11.51B	-808.43M	4.25B	2.75B	0.00	1.31B	350.00M
Net Income	132.02B	83.16B	65.95B	62.70B	39.88B	31.44B	13.32B	-736.60M	-16.97B	-20.03B	-17.95B	-14.28B	14.77B	4.14B	3.08B	-2.77B	-23.21B	-21.24B	-3.00B	28.21B	15.92B	0.00	-1.31B	-350.00M
Net Income Ratio	18.20%	17.94%	15.93%	15.45%	11.05%	10.96%	9.40%	-2.11%	-47.57%	-56.64%	-42.31%	-27.48%	36.72%	10.61%	7.01%	-5.22%	-57.67%	-54.36%	-5.68%	45.32%	34.57%	0.00%	0.00%	-86.42%
EPS	19.00K	11.97K	9.49K	9.02K	5.74K	4.52K	1.92K	-106.00	-2.44K	-2.88K	-2.58K	-2.05K	2.13K	595.00	444.00	-399.06	-3.34K	-3.06K	-440.66	4.88K	3.91K	-96.02	-711.62	-350.00
EPS Diluted	19.00K	11.97K	9.49K	9.02K	5.74K	4.52K	1.92K	-106.00	-2.44K	-2.88K	-2.58K	-2.05K	2.13K	595.00	444.00	-399.06	-3.34K	-3.06K	-438.34	4.88K	3.91K	-96.02	-711.62	-350.00
Weighted Avg Shares Out	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.80M	5.55M	5.13M	3.36M	1.85M	1.00M
Weighted Avg Shares Out (Dil)	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.95M	6.84M	5.55M	5.13M	3.36M	1.85M	1.00M

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Seoul, South Korea, Nov. 13, 2020 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (Nasdaq GM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the third...

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