← GRAVITY Co., Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $51.4b $141.6b $286.8b $361.0b $406.0b $413.9b $463.6b $725.5b $500.8b $560.5b
Total Revenue $42.7m $141.6b $286.8b $361.0b $406.0b $413.9b $463.6b $725.5b $500.8b $560.5b
Cost of Revenue $24.9m $94.2b $210.0b $265.8b $239.0b $224.2b $267.4b $485.0b $306.9b ($364.3b)
Cost of revenues $29.6b $94.2b $210.0b $265.8b $239.0b $224.2b ($267.4b) ($485.0b) ($306.9b) ($364.3b)
Gross Profit $17.8m $47.4b $76.7b $95.2b $166.9b $189.8b $196.3b $240.6b $193.9b $196.3b
Research and development $1.6m ($5.2b) ($8.0b) ($9.5b) ($15.0b) ($16.6b) ($13.8b) ($13.5b) ($15.3b) ($10.3b)
Operating expenses:
Operating Income (Loss) $2.8m — — — — — — — — —
Additional Financial Items
Amortization of Intangible Assets $45.0m — — — — — — — — —
Applicable Tax Rate — $0 $0 — — — — — — —
Average Effective Tax Rate — $0 $0 $0 $0 $0 $0 $0 $0 —
Depreciation Property Plant And Equipment Including Right of Use Assets — — — — — — — — $6.0b —
Depreciation Right of Use Assets — — — $2.1b $3.0b $3.4b $4.0b $4.1b $4.6b —
Finance Income $1.7b $1.9b $2.1b $4.2b $3.5b $5.3b $16.0b $23.3b $30.9b $24.6b
Foreign Currency Transaction Gain (Loss), before Tax ($439k) — — — — — — — — —
Goodwill, Impairment Loss $0 — — — — — — — — —
Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill — $230.0m $623.0m $52.0m $115.0m $281.0m $293.0m $1.5b $615.0m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $3.9b — — — — — — — — —
Investment Income, Interest $434k — — — — — — — — —
Other Income $44.0m $165.0m $122.0m $353.0m $658.0m $607.0m $605.0m $913.0m $789.0m $313.0m
Profit Loss Attributable To Noncontrolling Interests ($70.0m) ($5.0m) ($57.0m) ($146.0m) ($147.0m) ($67.0m) ($104.0m) ($37.0m) ($17.0m) ($154.0m)
Profit Loss Attributable To Owners Of Parent — $13.3b $31.4b $39.9b $62.7b $65.9b $83.2b $132.0b $84.9b —
Profit Loss Before Tax $3.8b $14.5b $34.4b $51.3b $88.0b $99.3b $109.9b $168.7b $106.3b $90.9b
Profit Loss From Operating Activities $3.8b $14.0b $33.4b $48.7b $88.4b $96.7b $104.7b $160.4b $85.4b $77.4b
Online games — — $39.5b $42.3b $89.5b $75.4b $89.3b $81.0b $77.0b $90.3b
Mobile games — $82.6b $239.5b $301.9b $298.3b $320.2b $358.8b $629.6b $405.7b $455.2b
Other revenue — $6.3b $7.8b $16.7b $18.1b $18.4b $15.6b $14.9b $18.2b $15.0b
Operating profit $3.8b $14.0b $33.4b $48.7b $88.4b $96.7b $104.7b $160.4b $85.4b $77.4b
Profit before income tax $3.8b $14.5b $34.4b $51.3b $88.0b $99.3b $109.9b $168.7b $106.3b $90.9b
Profit for the year $587.0m $13.3b $31.4b $39.7b $62.6b $65.9b $83.1b $132.0b $84.9b $67.3b
Foreign currency translation adjustments ($77.0m) $37.0m $178.0m $136.0m ($1.3b) $3.3b $285.0m $1.6b $19.8b $1.7b
Remeasurement of defined benefit liabilities — — — $0 $0 ($3.0m) ($4.0m) $7.0m $24.0m $22.0m
Owners of the Parent Company $580.0m $13.4b $31.6b $40.0b $61.4b $69.2b $83.5b $133.6b $104.7b $69.2b
Non‑controlling interest ($70.0m) ($5.0m) ($57.0m) ($146.0m) ($147.0m) ($67.0m) ($104.0m) ($37.0m) ($17.0m) ($154.0m)
Non-controlling interest ($59k) ($5.0m) ($57.0m) ($146.0m) ($147.0m) ($21.0m) ($118.0m) ($12.0m) $48.0m ($183.0m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.8m — — — — — — — — —
Total comprehensive income (loss) for the year $510.0m $13.4b $31.6b $39.9b $61.2b $69.2b $83.3b $133.5b $104.8b $69.0b
Net Income (Loss) Attributable to Parent $207k — — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest ($59k) — — — — — — — — —
Basic Earnings (Loss) Per Share $95.00 $1,917.00 $4,525.00 $5,738.00 $9,023.00 $9,490.00 $11,968.00 $18,999.00 $12,221.00 $9,709.00
Diluted Earnings (Loss) Per Share $36.00 $1,917.00 $4,525.00 $5,738.00 $9,023.00 $9,490.00 $11,968.00 $18,999.00 $12,221.00 $9,709.00
Research and Development Expense — $5.2b $8.0b $9.5b $15.0b $16.6b $13.8b $13.5b $15.3b —
Selling, General and Administrative Expense $13.3m $28.0b $34.8b $36.9b $62.4b $75.6b $77.6b $66.1b $92.5b —
Selling, general and administrative expenses $13.3m ($28.0b) ($34.8b) ($36.9b) ($62.4b) ($75.6b) ($77.6b) ($66.1b) ($92.5b) ($106.9b)
Other Nonoperating Income (Expense) $2k — — — — — — — — —
Current Tax Expense (Income) — $4.2b $7.4b $11.8b $21.4b $29.9b $27.9b $37.5b $22.2b —
Depreciation And Amortisation Expense — $520.0m $1.4b $3.7b $4.9b $6.3b — — — —
Donations And Subsidies Expense — — — — — — $0 $0 — —
Employee Benefits Expense — $2.2b $2.7b $3.0b $3.3b $3.4b $3.9b $4.3b $4.5b —
Expense Relating To Leases Of Low-Value Assets For Which Recognition Exemption Has Been Used — — — $10.0m $9.0m $21.0m $23.0m $22.0m $47.0m —
Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used — — — $322.0m $123.0m $117.0m $45.0m $30.0m $50.0m —
Finance Costs ($1.7b) $1.5b $1.0b $1.6b $3.8b $2.7b $10.8b $14.9b $9.9b ($11.1b)
Postemployment Benefit Expense Defined Benefit Plans — — — — — $20.0m — — — —
Postemployment Benefit Expense Defined Contribution Plans — $1.2b $1.5b $1.8b $2.0b $2.1b $2.2b $2.4b $2.7b —
Other expenses ($69.0m) ($268.0m) ($642.0m) ($493.0m) ($1.8b) ($1.5b) ($739.0m) ($1.6b) ($1.6b) ($1.9b)
Interest Expense — — — $277.0m $186.0m $115.0m $127.0m $162.0m $135.0m —
Interest Expense On Lease Liabilities — — — $277.0m $186.0m $111.0m $122.0m $157.0m $130.0m —
Current Income Tax Expense (Benefit) $3.2b — — — — — — — — —
Income Tax Expense Continuing Operations $2.7m $1.1b $3.1b $11.5b $25.5b $33.4b $26.8b $36.7b $21.4b $23.6b
Income tax expenses $2.7m $1.1b $3.1b $11.5b $25.5b $33.4b $26.8b $36.7b $21.4b $23.6b
Income Tax Expense (Benefit) $2.7m — — — — — — — — —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.