Explore 3 Stock Ideas & Industry Insights Download Free Report

Gravity Co Ltd

Communication Services US GRVY

58.19USD
-2.39(3.95%)

Last update at 2026-06-05T20:00:00Z

Day Range

58.0961.00
LowHigh

52 Week Range

54.5474.75
LowHigh

Fundamentals

  • Previous Close 60.58
  • Market Cap456.89M
  • Volume72972
  • P/E Ratio9.93
  • Dividend Yield-%
  • EBITDA70135.05M
  • Revenue TTM545573.63M
  • Revenue Per Share TTM78512.23
  • Gross Profit TTM 181306.06M
  • Diluted EPS TTM6.62

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 92171.70M 106347.00M 168699.00M 109881.78M 99300.53M
Minority interest - 17.00M -23.00000M 104.14M 66.86M
Net income 68378.46M 84919.00M 132019.00M 83161.72M 65946.65M
Selling general administrative - 47184.00M 46294.00M 43585.14M 36587.00M
Selling and marketing expenses - 38731.00M 13661.00M 29897.51M 35948.00M
Gross profit 198941.24M 193942.00M 240558.00M 196252.73M 189765.07M
Reconciled depreciation - 9234.00M 7658.00M 7061.46M 6318.00M
Ebit - 106482.00M 168861.00M 104841.80M 97563.90M
Ebitda 80101.06M 115716.00M 176519.00M 120661.14M 101986.70M
Depreciation and amortization - 9234.00M 7658.00M 15819.34M 4422.81M
Non operating income net other - - - - -
Operating income 80101.06M 85384.00M 160367.00M 104841.80M 97563.90M
Other operating expenses 488046.85M 415461.00M 565149.00M 358776.08M 316374.08M
Interest expense 11206.15M 135.00M 162.00M 10779.36M 2686.17M
Tax provision - 21445.00M 37253.00M 26824.19M 33420.74M
Interest income - 17059.00M 10183.00M 15953.47M 5268.53M
Net interest income - 16924.00M 7167.00M 5174.10M 2582.36M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 23949.72M 21445.00M 36717.00M 26824.19M 33420.74M
Total revenue 568147.92M 500845.00M 725516.00M 463617.87M 413937.97M
Total operating expenses 118840.18M 108558.00M 80191.00M 91410.93M 92201.18M
Cost of revenue 369206.68M 306903.00M 484958.00M 267365.14M 224172.90M
Total other income expense net 12070.64M 20963.00M 8332.00M 5039.98M 1736.64M
Discontinued operations - - - - -
Net income from continuing ops - 84902.00M 143656.00M 83057.59M 65879.79M
Net income applicable to common shares - - - 83162.00M 65880.00M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 742630.93M 686459.00M 578181.00M 444093.98M 327526.32M
Intangible assets - 7057.00M 6370.00M 3869.00M 3342.00M
Earning assets - - - - -
Other current assets 20656.33M 11082.00M 3319.00M 790.83M 1572.69M
Total liab 105290.71M 118096.00M 114453.00M 113914.16M 80685.46M
Total stockholder equity 636831.90M 567672.00M 463087.00M 329527.92M 246070.91M
Deferred long term liab - - - - -
Other current liab 12602.45M 5863.00M 4251.00M 13617.73M 3608.15M
Common stock 3474.30M 3474.00M 3474.00M 3474.45M 3474.45M
Capital stock - 3474.00M 3474.00M 3474.45M 3474.00M
Retained earnings 580857.38M 513418.00M 428499.00M 296479.53M 213317.80M
Other liab - - - 8204.00M 1564.39M
Good will 7156.63M - - 0.48M 0.03M
Other assets 0.00144M - - 10318.00M 3692.55M
Cash 203590.93M 228898.00M 184082.00M 169877.34M 99104.94M
Cash and equivalents - - - - -
Total current liabilities 96026.32M 108649.00M 106434.00M 105709.91M 73997.48M
Current deferred revenue 21499.57M 26761.00M 18093.00M 18543.04M 13480.52M
Net debt -203590.93400M -228898.00000M -181744.81100M -169877.34100M -99104.94300M
Short term debt - 3179.42M 22312.00M - 15709.40M
Short long term debt - - - - -
Short long term debt total - 7121.52M 2337.19M - -
Other stockholder equity 52500.22M 50780.00M 27097.47M 29573.94M 29278.65M
Property plant equipment - - - 8140.00M 11338.00M
Total current assets 698483.38M 653610.00M 546899.00M 421767.24M 306134.92M
Long term investments - 1767.00M 1824.00M 2175.77M 3018.82M
Net tangible assets - - - 325658.00M 241263.00M
Short term investments 415016.23M 330906.00M 281654.00M 170370.15M 148598.10M
Net receivables 59219.89M 82724.00M 74850.00M 77396.60M 53695.11M
Long term debt - - - - -
Inventory - - 2994.00M 3332.32M 3164.07M
Accounts payable 61924.30M 67930.00M 61778.00M 73549.14M 41199.40M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - 4016.53M - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 15200.38M 8451.00M 6985.00M 2481.84M 1973.06M
Deferred long term asset charges - - - - -
Non current assets total 44147.55M 32849.00M 31282.00M 22326.74M 21391.40M
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -47034.00000M -116579.00000M -22340.44500M -82471.75600M
Change to liabilities - - - 48815.00M -7327.54500M
Total cashflows from investing activities -97962.16500M -47034.00000M - -22340.00000M -82471.75600M
Net borrowings - -4525.00000M - -3918.00000M -3647.93400M
Total cash from financing activities -4575.87800M -4641.00000M -4083.00000M -3917.97700M -3306.01900M
Change to operating activities - - - -362.00000M -1085.88900M
Net income 68378.46M 84902.00M 131982.00M 83057.59M 65879.79M
Change in cash -20384.42000M 44816.00M 14205.00M 70772.40M -11527.53900M
Begin period cash flow 223975.35M 184082.00M 169877.00M 99104.94M 110632.48M
End period cash flow 203590.93M 228898.00M 184082.00M 169877.34M 99104.94M
Total cash from operating activities 77123.95M 78555.00M 132430.00M 98278.65M 74182.96M
Issuance of capital stock - - - - -
Depreciation - 9234.00M 7658.00M 7061.46M 6318.00M
Other cashflows from investing activities 8.45M -4140.00000M - - -
Dividends paid - - - - -
Change to inventory - - - - -1772.87600M
Change to account receivables - 862.00M 2365.00M -38198.51400M 5530.00M
Sale purchase of stock - - - - -
Other cashflows from financing activities -4575.87800M -116.00000M -116579.00000M -3918.00000M 341.92M
Change to netincome - - - -2200.00000M 4802.77M
Capital expenditures 1069.72M 4761.00M 5798.00M 2795.05M 4211.34M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 87240.28M -3821.00000M -17915.00000M 10254.12M -2883.87600M
Stock based compensation - - - - -69127.73600M
Other non cash items -78494.77900M -33205.00000M -11324.00000M -28918.70800M 40575.78M
Free cash flow 76054.23M 73794.00M 126632.00M 95483.61M 69971.62M

Peer Comparison

Sector: Communication Services Industry: Electronic Gaming & Multimedia

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GRVY
Gravity Co Ltd
-2.39 3.95% 58.19 9.93 9.23 0.0008 1.06 0.09 0.49
NETTF
NetEase Inc
0.14 0.66% 22.04 15.30 13.61 0.66 3.89 0.52 1.86
NTES
NetEase Inc
-3.25 2.65% 119.48 13.81 12.32 0.60 3.46 0.46 1.54
NTDOY
Nintendo Co ADR
0.07 0.61% 11.50 16.90 23.81 0.03 3.25 0.02 0.06
NTDOF
Nintendo Co. Ltd
- -% 45.50 16.96 24.04 0.03 3.28 0.02 0.06

Reports Covered

Stock Research & News

Profile

Gravity Co., Ltd. develops and publishes online and mobile games worldwide. It offers massively multiplayer online role-playing games, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Landverse. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; Ragnarok Arena; WITH ISLAND; the Labyrinth of Ragnarok; Ragnarok Poring; Tera Classic; NBA: Rise To Stardom; Generation Zombie; Ragnarok Idle Adventure; Ragnarok 20 Heroes; White Chord; WITH: Whale In The High; Ragnarok Lost Memories; and Paladog Tactics. It 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; Pigromance for Steam, Stove, Nintendo Switch, Xbox One, Xbox Series X|S; ALTF4 11 for Steam and Stove; Wetory for Steam, Stove, Nintedo Switch; and GRANDIA HD Collection for Nintendo Switch. In addition, it offers games for IPTV, including Haunted House and Pororo: The Little Penguin, and Kongsuni; and markets dolls, stationery, food, and other character-based merchandise, as well as game manuals, monthly magazines, and other publications; PC games, including Puzzle, Platformer, ALTF4 II, Ragnarok ZERO, KAMiBAKO-Mythology of Cube, Psychodemic, and FINAL KNIGHT; social network games and mobile games, such as Ragnarok V: Returns, Ragnarok: The Lost Memories and Ragnrok Begins in-house; and web-browser-based games, such as Ragnarok Prequel and Ragnarok Prequel II. Further, the company provides system development and maintenance services, as well as system integration services to third parties. The company was incorporated in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.

Gravity Co Ltd

396 World Cup buk-ro, Seoul, South Korea, 03925

Key Executives

Name Title Year Born
Mr. Heung Gon Kim CFO & Exec. Director 1966
Mr. Yoshinori Kitamura Chairman & COO 1968
Mr. Hyun Chul Park CEO & Exec. Director 1973
Mr. Taik Baik Seung Chief Marketing Officer and Sr. Exec. VP NA
Mr. Kyu Hyeong Lee Sr. Exec. VP of HR NA
Mr. Kazuki Morishita Exec. Director 1973
Mr. Kazuya Sakai Exec. Director 1965
Mr. Heung Gon Kim CFO & Executive Director 1966
Mr. Yoshinori Kitamura Chairman of the Board & COO 1968
Mr. Hyun Chul Park CEO & Executive Director 1973

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.