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home / news releases / GRVY - Gravity Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023


GRVY - Gravity Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023

Seoul, South Korea, April 26, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or the “Company”) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 26, 2024. The annual report can be accessed on the Company’s investor relations Web site at https://www.gravity.co.kr/en/ir/notice

The shareholders and ADS holders of Gravity may receive a hard copy of the annual report, which contains its audited consolidated financial statements, free of charge upon request. Requests should be directed to IR Unit, Gravity Co., Ltd., 15F, 396 World Cup buk-ro, Mapo-gu, Seoul 03925, South Korea.

In the annual report on Form 20-F, the consolidated revenue is KRW 725,516 million, the operating profit is KRW 160,367 million, and the net profit attributable to parent company is KRW 132,019 million for the fiscal year ended December 31, 2023.

(In millions of KRW)

2023
2022
YoY
Revenue
725,516
463,618
56.5%
Operating profit
160,367
104,708
53.2%
Net profit attributable to parent company
132,019
83,162
58.7%

About GRAVITY Co., Ltd. ---------------------------------------------------
Based in Korea, Gravity is a developer and publisher of online and mobile games. Gravity's principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 91 markets. For more information about Gravity, please visit http://www.gravity.co.kr.

Contact:
Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email: kheung@gravity.co.kr

Ms. Jin Lee
Ms. Shin Choi
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800


Stock Information

Company Name: GRAVITY Co. Ltd.
Stock Symbol: GRVY
Market: NASDAQ
Website: gravity.co.kr

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