Gravity Co., Ltd. GRVY
Business rating
Price rating
Subscribefor fair value estimate
Income statement
currency values in millions of KRW
Solid margins and returns but top-line growth is erratic, with one-off spikes and margin pressure from higher marketing spend.
| Fiscal Year | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | 500,845 | 725,516 | 463,617.9 | 413,938 | 405,953 | 360,967.1 | 286,770.4 | 141,623.5 | 34,960.5 | 35,660 |
| Cost of Revenue | 306,903 | 484,958.3 | 267,365.1 | 224,172.9 | 239,044.9 | 265,788.1 | 210,043.6 | 94,234.3 | 14,054.5 | 30,282 |
| Gross Profit | 193,942 | 240,557.7 | 196,252.7 | 189,765.1 | 166,908.1 | 95,179 | 76,726.9 | 47,389.2 | 20,906 | 5,378 |
| Selling, General & Admin | 85,915 | 61,357 | 91,410.9 | 92,201.2 | 60,378.5 | 35,366.8 | 34,943.8 | 33,250.8 | 15,216.5 | 11,481 |
| Research & Development | 15,262 | 13,486.4 | 13,797.2 | 16,570 | 15,033.9 | 9,502.7 | 7,079.8 | 5,239 | 1,973 | 5,277 |
| Selling & Marketing | 38,731 | 13,661 | 29,897.5 | 35,948 | 30,083.6 | 14,948 | 17,262.9 | 12,525 | 2,411 | 1,882 |
| General & Administrative | 47,184 | 47,696 | 43,585.1 | 36,587 | 30,294.9 | 20,418.8 | 17,680.9 | 15,269 | 12,805.5 | 9,599 |
| Other Operating Expenses | 7,381 | 5,348 | -13,797.2 | -16,570 | 1,971.7 | 1,472.2 | 92 | -64.9 | 290.6 | 624 |
| Operating Expenses | 108,558 | 80,191 | 91,410.9 | 92,201.2 | 77,384.1 | 46,341.7 | 42,837.4 | 33,250.8 | 15,216.5 | 16,758 |
| Operating Income | 85,384 | 160,367 | 104,841.8 | 97,563.9 | 89,474.2 | 48,803.1 | 33,889.5 | 14,138.4 | 5,689.5 | -17,229 |
| All data is from our financial data partners, who compile data from SEC filings. Data errors are possible. If you spot one, please let us know. | ||||||||||
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