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The latest announcement is out from Gravity Co ( (GRVY) ).
On February 14, 2025, Gravity Co., Ltd. announced its preliminary unaudited financial results for the fourth quarter of 2024, reporting a consolidated revenue of KRW 130 billion and an operating profit of KRW 16 billion. This growth is driven by the launches of several Ragnarok-themed games across various regions, including Southeast Asia, Taiwan, Hong Kong, Macau, and Japan, despite a year-on-year revenue decrease. Additionally, Gravity has expanded its foothold in China with new game ISBN codes and plans to launch multiple games globally in 2025, potentially enhancing its market presence.
More about Gravity Co
Gravity Co., Ltd. is a developer and publisher of online and mobile games, primarily known for its flagship product, Ragnarok Online. The game is popular in regions such as Japan and Taiwan and is commercially available in 91 regions.
YTD Price Performance: 3.12%
Average Trading Volume: 22,352
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $441.3M
For detailed information about GRVY stock, go to TipRanks’ Stock Analysis page.
