See more : Orion Acquisition Corp. (OHPAW) 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)
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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Ragnarok X: Next Generation Official Launch in Vietnam on September 1, 2021
Seoul, South Korea, Sept. 01, 2021 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok X: Next Generation , a MMORPG mobile game, has been...
Ragnarok The Lost Memories Official Launch in Thailand on August 26, 2021
Seoul, South Korea, Aug. 26, 2021 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that its wholly‑owned subsidiary in Thailand, Gravity Game Tech., Ltd. (“GGT”) has...
Gravity Reports Second Quarter of 2021 Results and Business Update
Seoul, South Korea, Aug. 13, 2021 (GLOBE NEWSWIRE) -- 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 financial results for the second quarter...
4 Video Game Companies to Play With in July
In light of Nintendo Co. Ltd. ( TSE:7974 , Financial) launching a new Switch console amid the Covid-19 pandemic and ongoing semiconductor chip shortages, four video game companies with high financial strength and profitability as of Tuesday are Activision Blizzard...
Ragnarok Origin Hits No.1 in Free Download of Apple App Store and Google Play in Japan
Seoul, Korea, June 29, 2021 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Origin , a MMORPG mobile game, has been officially launched in...
Ragnarok X: Next Generation Hits the Top of Apple App Store in Southeast Asia
Seoul, Korea, June 23, 2021 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok X: Next Generation, a MMORPG mobile game, has been officially launched...
GRAVITY Interactive, Inc. Released a Major Update and Booster Promotion for Ragnarok Online
SEOUL, South Korea--(BUSINESS WIRE)-- #ClassicMMORPG--GRAVITY Interactive released a major update and booster promotion for Ragnarok Online, the classic MMORPG that has the long history of success.
Source: https://incomestatements.info
Category: Stock Reports