See more : WashTec AG (WHTAF) 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.
You may be interested
- Kutcho Copper Corp. (KCCFF) Income Statement Analysis – Financial Results
- Sourcenext Corporation (4344.T) Income Statement Analysis – Financial Results
- Caribbean Utilities Company, Ltd. (CUP-U.TO) Income Statement Analysis – Financial Results
- Belysse Group NV (0RQK.L) Income Statement Analysis – Financial Results
- V-Guard Industries Limited (VGUARD.NS) Income Statement Analysis – Financial Results
Gravity Co., Ltd. (GRVY)
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 |
Celebrating Seeking Alpha's New Analysts - November 2023 Edition
In November, we welcomed 24 new analysts who published their first article on Seeking Alpha. This series highlights and welcomes these newcomers to our ranks of analysts who share their unique insights and perspectives as well as some of their...
Gravity: Overlooked And Undervalued
Gravity Co., Ltd. is a developer and distributor of online and mobile video games based in South Korea. The company is far from perfect, and has multiple risks worth considering and monitoring. Despite the flaws of the company, the valuation...
Gravity: A Classic Mohnish Pabrai - Huge Upside Limited Downside Risk
Gravity's sales of the Ragnarok series are poised for sustained profitability until 2033, with exclusive rights offering a long runway for continued success and financial gains. The company's attractive valuation, low P/E ratio, and strong financial position make it an...
Gravity Reports Third Quarter of 2023 Results and Business Updates
Seoul, Korea, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Seoul, South Korea – November 13, 2023 – GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited...
Gravity's Impressive 2023: A Strong Buy With The Potential Behind Ragnarok Online
Gravity experienced a 47.9% share price increase in 2023, emphasizing the success of its core products like Ragnarok Online. Gravity's mobile game revenues soared by 57.3% QoQ, contrasting with a decline in online game revenues, highlighting a shift towards mobile...
Gravity Officially Launches New Roguelike Game Wetory on Nintendo Switch and Steam
SEOUL, South Korea--(BUSINESS WIRE)-- #GRVY--Gravity (NASDAQ: GRVY) officially launched its new roguelike game "Wetory" on Nintendo Switch and Steam at 12:00 PM (KST), on October 26.
Buffett Says Rising Interest Rates Are Gravity To Asset Prices - Our Picks
Mr. Buffett shares his wisdom on how interest rates impact stock valuations. We look at the forces driving the recent rise in long-term interest rates and their impact on several key sectors. We also share our long-term outlook for interest...
Ragnarok Landverse, Grand Launch on September 20, 2023!
Seoul, Sept. 20, 2023 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Landverse, an MMORPG blockchain PC game, is officially launched in Southeast Asia...
Crude Oil Price Forecast – Crude Oil Markets Facing Gravity
Crude oil markets have been extraordinarily bullish as of late, but unfortunately we are starting to get to the point where they are extremely overstretched, and sooner or later gravity may come into the picture. If that's going to be...
Ragnarok Origin Received a Foreign Version Number by Chinese Government
Seoul, Korea, Aug. 30, 2023 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Origin received a foreign version number by Chinese government disclosed on...
Source: https://incomestatements.info
Category: Stock Reports