Gravity Co., Ltd. (GRVY) — Financial statements
Income statement, balance sheet, and cash flow for Gravity Co., Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (KRW Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 560,548↑11.9% | 500,845↓31.0% | 725,516↑56.5% | 463,618↑12.0% | 413,938 | |
| Cost of Revenue | 364,268↑18.7% | 306,903↓36.7% | 484,958↑81.4% | 267,365↑19.3% | 224,173 | |
| Gross Profit | 196,280↑1.2% | 193,942↓19.4% | 240,558↑22.6% | 196,253↑3.4% | 189,765 | |
| Operating Expenses | ||||||
| R&D Expenses | 10,326↓32.3% | 15,262↑13.2% | 13,486↓2.3% | 13,797↓16.7% | 16,570 | |
| General & Administrative Expenses | 55,575↑17.8% | 47,184↑1.9% | 46,294↑8.0% | 42,884↑17.2% | 36,587 | |
| Selling & Marketing Expenses | 44,738↑15.5% | 38,731↑183.5% | 13,661↓54.3% | 29,898↓16.8% | 35,948 | |
| SG&A Expenses | 100,313↑16.8% | 85,915↑43.3% | 59,955↓17.6% | 72,782↑0.3% | 72,535 | |
| Other Expenses | 5,859↓20.6% | 7,381↑9.3% | 6,750↑35.9% | 4,966↑26.0% | 3,941 | |
| Operating Expenses | 116,498↑7.3% | 108,558↑35.4% | 80,191↓12.4% | 91,545↓1.6% | 93,046 | |
| Total Costs & Expenses | 480,766↑15.7% | 415,461↓26.5% | 565,149↑57.5% | 358,910↑13.1% | 317,219 | |
| Operating Results | ||||||
| Operating Income | 79,782↓6.6% | 85,384↓46.8% | 160,367↑53.2% | 104,708↑8.3% | 96,719 | |
| Depreciation & Amortization | 10,819↑17.2% | 9,234↑20.6% | 7,658↑8.4% | 7,062↑11.8% | 6,318 | |
| EBITDA | 102,040↓11.8% | 115,716↓34.4% | 176,519↑50.8% | 117,071↑10.7% | 105,734 | |
| EBIT | 91,221↓14.3% | 106,482↓36.9% | 168,861↑53.5% | 110,009↑10.7% | 99,416 | |
| Interest & Other Income | ||||||
| Net Interest Income | 15,540↓8.2% | 16,924↑49.4% | 11,330↑159.0% | 4,374↑245.0% | 1,268 | |
| Interest Income | 15,822↓7.3% | 17,059↑48.4% | 11,492↑155.3% | 4,501↑225.5% | 1,383 | |
| Interest Expense | 282↑108.9% | 135↓16.7% | 162↑27.6% | 127↑10.4% | 115 | |
| Non-Operating Income | -11,439↑45.8% | -21,098↓148.4% | -8,494↓60.2% | -5,301↓96.6% | -2,697 | |
| Other Income / Expenses | 11,157↓46.8% | 20,963↑151.6% | 8,332↑61.0% | 5,174↑100.4% | 2,582 | |
| Income Before Tax | 90,939↓14.5% | 106,347↓37.0% | 168,699↑53.5% | 109,882↑10.7% | 99,301 | |
| Income Tax Expense | 23,629↑10.2% | 21,445↓41.6% | 36,717↑36.9% | 26,824↓19.7% | 33,421 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 67,310↓20.7% | 84,902↓35.7% | 131,982↑58.9% | 83,058↑26.1% | 65,880 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 67,464↓20.6% | 84,919↓35.7% | 132,019↑58.7% | 83,162↑26.1% | 65,947 | |
| Bottom-Line Net Income | 67,464↓20.6% | 84,919↓35.7% | 132,019↑58.7% | 83,162↑26.1% | 65,947 | |
| EPS (Basic) | 9,840.04↓19.5% | 12,221.00↓35.7% | 18,998.00↑58.7% | 11,968.00↑26.1% | 9,490.00 | |
| EPS (Diluted) | 9,840.04↓19.5% | 12,221.00↓35.7% | 18,998.00↑58.7% | 11,968.00↑26.1% | 9,490.00 | |
| Weighted Average Shares | 7↑0.0% | 7↑0.0% | 7↑0.0% | 7↑0.0% | 7 | |
| Weighted Average Diluted Shares | 7↑0.0% | 7↑0.0% | 7↑0.0% | 7↑0.0% | 7 | |
* All figures in Millions of KRW, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.