Gravity Reports First Quarter of 2024 Results and Business Update
GRAVITY Co., Ltd. - American depositary shares, each representing one common share. (GRVY)
US:NASDAQ Investor Relations:
gravity.co.kr/en/ir/adr/index.asp
Company Research
Source: GlobeNewswire
Seoul, Korea, May 09, 2024 (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 first quarter ended March 31, 2024, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates. FIRST QUARTER 2024 HIGHLIGHTS Total revenues were KRW 119,779 million (US$ 88,917 thousand), representing a 17.7% decrease from the fourth quarter ended December 31, 2023 (“QoQ”) and a 27.4% decrease from the first quarter ended March 31, 2023 (“YoY”).Operating profit was KRW 26,869 million (US$ 19,946 thousand), representing an 1.7% increase QoQ and a 38% decrease YoY.Profit before income tax expenses was KRW 32,498 million (US$ 24,125 thousand), representing a 24.2% increase QoQ and a 29.7% decrease YoY.Net profit attributable to parent company was KRW
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News
- Gravity Reports First Quarter of 2024 Results and Business Update [Yahoo! Finance]Yahoo! Finance
- Gravity Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023GlobeNewswire
- China Reactcs to Ragnarok Origin Launch [Yahoo! Finance]Yahoo! Finance
- China Reactcs to Ragnarok Origin LaunchGlobeNewswire
- Gravity: Amazing Performance, But Reach Is Key [Seeking Alpha]Seeking Alpha
GRVY
Sec Filings
- 5/9/24 - Form 6-K
- 4/26/24 - Form 20-F
- 4/12/24 - Form 6-K
- GRVY's page on the SEC website