GRAVITY Co., Ltd. (GRVY) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2024, filed Apr 25, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GRVY SEC filings page.
GRAVITY Co., Ltd. (GRVY) reported $338.9M in revenue for fiscal year 2024, down 39.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A sharp FY2016 margin rebound turned years of losses into near break-even cash generation, but liabilities and receivables expanded faster than assets.
FY2016 produced operating cash flow of$2.017M against net income of$207K , so cash generation materially exceeded accounting profit. The reported operating-cash-flow-to-net-income proportion was974.4% , even as receivables expanded117.1% , making the gap notable rather than a simple profit-to-cash match.
FY2016's margin rebound was driven more by the cost base or revenue mix than by overhead restraint: revenue rose
Short-term balance-sheet flexibility narrowed: the current ratio fell from 5.0x to 2.6x, though it remained above one. Liabilities reached
Financial Health Signals
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of GRAVITY Co., Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
GRAVITY Co., Ltd. has an operating margin of 17.1%, meaning the company retains $17 of operating profit per $100 of revenue. This strong profitability earns a score of 85/100, reflecting efficient cost management and pricing power. This is down from 22.1% the prior year.
GRAVITY Co., Ltd.'s revenue declined 39.7% year-over-year, from $562.0M to $338.9M. This contraction results in a growth score of 19/100.
With a current ratio of 6.02, GRAVITY Co., Ltd. holds $6.02 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 94/100.
GRAVITY Co., Ltd. converts 15.6% of revenue into free cash flow ($52.7M). This strong cash generation earns a score of 82/100.
GRAVITY Co., Ltd. earns a strong 15.0% return on equity (ROE), meaning it generates $15 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 85/100. This is down from 28.5% the prior year.
GRAVITY Co., Ltd. scores 6.64, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $465.6M against total liabilities of $79.9M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
GRAVITY Co., Ltd. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, GRAVITY Co., Ltd. generates $0.93 in operating cash flow ($53.2M OCF vs $57.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
GRAVITY Co., Ltd. earns $632.47 in operating income for every $1 of interest expense ($57.8M vs $91K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
GRAVITY Co., Ltd. generated $338.9M in revenue in fiscal year 2024. This represents a decrease of 39.7% from the prior year.
GRAVITY Co., Ltd. reported $57.5M in net income in fiscal year 2024. This represents a decrease of 43.8% from the prior year.
GRAVITY Co., Ltd. earned $8.27 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 43.8% from the prior year.
Not reported for fiscal year 2024.
Cash & Balance Sheet
GRAVITY Co., Ltd. generated $52.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 47.6% from the prior year.
GRAVITY Co., Ltd. held $154.9M in cash as of fiscal year 2024; no long-term debt figure is on record for that period.
Not reported for fiscal year 2024.
Margins & Returns
GRAVITY Co., Ltd.'s gross margin was 38.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 5.6 percentage points from the prior year.
GRAVITY Co., Ltd.'s operating margin was 17.1% in fiscal year 2024, reflecting core business profitability. This is down 5.0 percentage points from the prior year.
GRAVITY Co., Ltd.'s net profit margin was 17.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.2 percentage points from the prior year.
GRAVITY Co., Ltd.'s ROE was 15.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 13.6 percentage points from the prior year.
Capital Allocation
GRAVITY Co., Ltd. invested $10.3M in research and development in fiscal year 2024. This represents a decrease of 1.1% from the prior year.
GRAVITY Co., Ltd. spent $68K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
GRAVITY Co., Ltd. invested $415K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 78.2% from the prior year.
GRVY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F | FY1320-F | FY1220-F | FY1120-F | FY1020-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $338.9M-39.7% | $562.0M+52.8% | $367.9M+5.6% | $348.3M-6.8% | $373.8M+19.6% | $312.4M+21.2% | $257.7M+94.2% | $132.7M+210.7% | $42.7M+40.0% | $30.5M-16.6% | $36.6M-19.1% | $45.2M-16.8% | $54.3M+9.5% | $49.6M+7.1% | $46.3M |
| Cost of Revenue | $207.7M-44.7% | $375.7M+77.1% | $212.2M+12.5% | $188.6M-14.3% | $220.1M-4.3% | $230.0M+21.9% | $188.7M+113.8% | $88.3M+259.2% | $24.6M-5.1% | $25.9M-17.4% | $31.3M-6.6% | $33.5M+2.2% | $32.8M+56.9% | $20.9M | N/A |
| Gross Profit | $131.2M-29.6% | $186.3M+19.7% | $155.7M-2.5% | $159.7M+3.9% | $153.7M+86.6% | $82.4M+19.5% | $68.9M+55.3% | $44.4M+145.0% | $18.1M+293.9% | $4.6M-12.0% | $5.2M-55.1% | $11.6M-45.9% | $21.5M-25.0% | $28.7M+3.0% | $27.9M |
| R&D Expenses | $10.3M-1.1% | $10.4M-4.6% | $10.9M-21.5% | $13.9M+0.7% | $13.8M+68.3% | $8.2M+14.2% | $7.2M+46.8% | $4.9M+199.4% | $1.6M | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.8M-15.5% | $11.6M-28.1% | $16.2M-15.4% | $19.1M-2.8% | $19.6M | N/A |
| Operating Income | $57.8M-53.5% | $124.2M+49.5% | $83.1M+2.1% | $81.4M0.0% | $81.4M+93.2% | $42.1M+40.5% | $30.0M+128.0% | $13.1M+312.8% | $3.2Mn/m | -$14.7Mn/m | -$10.8Mn/m | -$15.9Mn/m | -$17.4M-737.5% | $2.7M-48.1% | $5.3M |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$10.7Mn/m | -$5.7Mn/m | -$8.4Mn/m | -$9.6M-252.6% | $6.3M-26.7% | $8.5M |
| Interest Expense | $91K-27.2% | $125K+24.5% | $101K+4.2% | $97K-43.5% | $171K-28.6% | $240K-73.4% | $900K-33.8% | $1.4M-2.1% | $1.4M+40527.0% | $3K-66.1% | $10K-74.0% | $39K-24.9% | $52K+3.3% | $50K+76.9% | $28K |
| Income Tax | $14.5M-49.0% | $28.4M+33.6% | $21.3M-24.3% | $28.1M+20.0% | $23.4M+135.0% | $10.0M+263.6% | $2.7M+156.0% | $1.1M-60.2% | $2.7M+133.0% | $1.2M-87.6% | $9.3M+92.2% | $4.8M+99.2% | $2.4Mn/m | -$6.9M-284.7% | $3.7M |
| Net Income | $57.5M-43.8% | $102.3M+55.0% | $66.0M+18.9% | $55.5M-3.9% | $57.7M+67.3% | $34.5M+22.1% | $28.3M+126.4% | $12.5M+2186.1% | $546Kn/m | -$14.5Mn/m | -$19.2Mn/m | -$17.6Mn/m | -$11.5M-189.2% | $12.9M+290.6% | $3.3M |
| EPS (Basic) | $8.27-43.8% | $14.72+55.0% | $9.50+18.9% | $7.98-3.9% | $8.31+67.3% | $4.97+22.1% | $4.07+126.4% | $1.80+2176.2% | $0.08n/m | -$2.09n/m | -$2.76n/m | -$2.53n/m | -$1.65-189.2% | $1.85+290.3% | $0.47 |
| EPS (Diluted) | $8.27-43.8% | $14.72+55.0% | $9.50+18.9% | $7.98-3.9% | $8.31+67.3% | $4.97+22.1% | $4.07+126.4% | $1.80+2176.2% | $0.08n/m | -$2.09n/m | -$2.76n/m | -$2.53n/m | -$1.65-189.2% | $1.85+290.3% | $0.47 |
| Diluted Shares (Avg) | 0n/m | 0n/m | 0n/m | 0n/m | 0n/m | 0n/m | 0n/m | 0n/m | 0 | N/A | N/A | N/A | N/A | N/A | N/A |
GRVY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F | FY1320-F | FY1220-F | FY1120-F | FY1020-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $464.5M+3.7% | $447.9M+27.1% | $352.4M+27.9% | $275.6M+12.8% | $244.3M+60.9% | $151.8M-2.4% | $155.6M+43.3% | $108.6M+134.4% | $46.3M+18.4% | $39.1M-32.4% | $57.8M-30.5% | $83.2M-20.0% | $104.0M-9.3% | $114.7M+3.3% | $111.0M |
| Current Assets | $442.3M+4.4% | $423.6M+26.6% | $334.7M+29.9% | $257.6M+13.4% | $227.0M+68.3% | $134.9M-6.3% | $143.9M+41.1% | $102.0M+129.1% | $44.5M+19.2% | $37.4M-19.6% | $46.5M-16.4% | $55.6M-13.0% | $63.9M+3.0% | $62.0M-8.2% | $67.5M |
| Cash & Equivalents | $154.9M+8.6% | $142.6M+5.8% | $134.8M+61.7% | $83.4M-18.1% | $101.9M+48.2% | $68.7M-11.1% | $77.3M+111.1% | $36.6M+163.7% | $13.9M-34.8% | $21.3M-18.1% | $26.0M-12.1% | $29.6M-13.7% | $34.3M-6.4% | $36.6M-6.2% | $39.0M |
| Short-Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9.8M-26.0% | $13.3M-22.1% | $17.1M+3.6% | $16.5M+27.1% | $12.9M+192.8% | $4.4M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $4.5M-4.4% | $4.7M-6.4% | $5.1M-24.5% | $6.7M+20.5% | $5.6M-23.8% | $7.3M |
| Long-Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Goodwill | $4.8M-3.2% | $4.9M+60.7% | $3.1M+9.2% | $2.8M-9.2% | $3.1M+108.4% | $1.5M+42.2% | $1.0M+7.7% | $971K+399.3% | $194Kn/m | $0-100.0% | $1.1M-3.3% | $1.1M-68.4% | $3.6M-43.7% | $6.5M-8.7% | $7.1M |
| Total Liabilities | $79.9M-9.9% | $88.7M-1.9% | $90.4M+33.2% | $67.9M-16.2% | $81.0M+57.0% | $51.6M-41.1% | $87.7M+30.3% | $67.3M+223.0% | $20.8M+54.9% | $13.5M-3.7% | $14.0M-21.4% | $17.8M-7.7% | $19.3M+0.4% | $19.2M-19.9% | $24.0M |
| Current Liabilities | $73.5M-10.8% | $82.4M-1.7% | $83.9M+34.7% | $62.3M-18.3% | $76.2M+57.7% | $48.3M-42.5% | $84.0M+38.6% | $60.7M+253.0% | $17.2M+128.2% | $7.5M-14.9% | $8.8M-18.1% | $10.8M+10.7% | $9.8M-6.3% | $10.4M-16.3% | $12.4M |
| Non-Current Liabilities | $6.4M+2.9% | $6.2M-4.6% | $6.5M+15.7% | $5.6M+15.2% | $4.9M+45.7% | $3.4M-9.1% | $3.7M-44.9% | $6.7M+82.6% | $3.7M-38.2% | $5.9M+15.6% | $5.1M-26.5% | $7.0M-26.5% | $9.5M+8.4% | $8.8M-23.8% | $11.5M |
| Total Equity | $384.1M+7.1% | $358.7M+37.2% | $261.5M+26.3% | $207.0M+27.1% | $162.9M+62.9% | $100.0M+46.1% | $68.4M+63.9% | $41.7M+61.0% | $25.9M-0.6% | $26.1M-41.1% | $44.3M-32.6% | $65.7M-22.0% | $84.2M-4.2% | $87.9M+13.7% | $77.3M |
| Retained Earnings | $347.4M+4.7% | $331.9M+41.1% | $235.3M+31.1% | $179.5M+32.3% | $135.7M+85.2% | $73.3M+79.6% | $40.8M+211.9% | $13.1Mn/m | -$78Kn/m | -$41.7Mn/m | -$29.1Mn/m | -$10.3M-242.5% | $7.2M-57.9% | $17.2M+289.3% | $4.4M |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
GRVY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F | FY1320-F | FY1220-F | FY1120-F | FY1020-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $53.2M-48.2% | $102.6M+31.5% | $78.0M+25.0% | $62.4M-3.0% | $64.3M+181.8% | $22.8M-29.4% | $32.3M+32.0% | $24.5M+1081.8% | $2.1Mn/m | -$5.1Mn/m | -$5.6Mn/m | -$3.1Mn/m | -$683K-167.1% | $1.0M-86.3% | $7.4M |
| Depreciation & Amortization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $4.1M-20.9% | $5.1M-30.6% | $7.4M-5.4% | $7.8M+122.3% | $3.5M+7.6% | $3.3M |
| Capital Expenditures | $415K-78.2% | $1.9M+225.1% | $586K-60.1% | $1.5M+49.1% | $986K+15.9% | $851K-17.0% | $1.0M+21.7% | $842K+558.3% | $128K-64.2% | $357K+14.0% | $314K-46.6% | $588K-57.6% | $1.4M+2.5% | $1.4M+5.5% | $1.3M |
| Free Cash Flow | $52.7M-47.6% | $100.7M+30.1% | $77.4M+27.0% | $60.9M-3.8% | $63.3M+188.2% | $22.0M-29.8% | $31.3M+32.4% | $23.6M+1116.2% | $1.9Mn/m | -$5.5Mn/m | -$5.9Mn/m | -$3.7Mn/m | -$2.1Mn/m | -$334K-105.4% | $6.1M |
| Investing Cash Flow | -$31.8Mn/m | -$90.3Mn/m | -$17.7Mn/m | -$69.4Mn/m | -$33.2Mn/m | -$28.1M-389.4% | $9.7Mn/m | -$2.8Mn/m | -$8.9M | N/A | N/A | N/A | -$4.9Mn/m | -$2.4Mn/m | -$14.0M |
| Financing Cash Flow | -$3.1Mn/m | -$3.2Mn/m | -$3.1Mn/m | -$2.8Mn/m | -$2.3Mn/m | -$1.5Mn/m | -$177K | N/A | N/A | N/A | N/A | N/A | $118Kn/m | -$145K-159.6% | $243K |
| Share Buybacks | $68K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.
GRVY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F | FY1320-F | FY1220-F | FY1120-F | FY1020-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.7%+5.6pp | 33.2%-9.2pp | 42.3%-3.5pp | 45.8%+4.7pp | 41.1%+14.8pp | 26.4%-0.4pp | 26.8%-6.7pp | 33.5%-9.0pp | 42.4%+27.4pp | 15.1%+0.8pp | 14.3%-11.5pp | 25.8%-13.8pp | 39.6%-18.2pp | 57.8%-2.3pp | 60.1% |
| Operating Margin | 17.1%-5.0pp | 22.1%-0.5pp | 22.6%-0.8pp | 23.4%+1.6pp | 21.8%+8.3pp | 13.5%+1.8pp | 11.6%+1.7pp | 9.9%+2.4pp | 7.5%+55.8pp | -48.3%-18.7pp | -29.6%+5.4pp | -35.1%-3.1pp | -32.0%-37.5pp | 5.5%-5.8pp | 11.3% |
| Net Margin | 17.0%-1.2pp | 18.2%+0.3pp | 17.9%+2.0pp | 15.9%+0.5pp | 15.4%+4.4pp | 11.1%+0.1pp | 11.0%+1.6pp | 9.4%+8.1pp | 1.3%+48.9pp | -47.6%+4.8pp | -52.4%-13.4pp | -39.0%-17.8pp | -21.2%-47.1pp | 26.0%+18.9pp | 7.1% |
| Return on Equity | 15.0%-13.6pp | 28.5%+3.3pp | 25.2%-1.6pp | 26.8%-8.6pp | 35.4%+0.9pp | 34.5%-6.8pp | 41.3%+11.4pp | 29.9%+27.8pp | 2.1%+57.8pp | -55.6%-12.3pp | -43.3%-16.5pp | -26.8%-13.2pp | -13.7%-28.3pp | 14.7%+10.4pp | 4.3% |
| Return on Assets | 12.4%-10.5pp | 22.8%+4.1pp | 18.7%-1.4pp | 20.1%-3.5pp | 23.6%+0.9pp | 22.7%+4.6pp | 18.2%+6.7pp | 11.5%+10.3pp | 1.2%+38.3pp | -37.1%-4.0pp | -33.1%-12.0pp | -21.2%-10.1pp | -11.1%-22.3pp | 11.2%+8.3pp | 3.0% |
| Current Ratio | 6.02+0.9x | 5.14+1.1x | 3.99-0.1x | 4.14+1.2x | 2.98+0.2x | 2.79+1.1x | 1.710.0x | 1.68-0.9x | 2.59-2.4x | 4.96-0.3x | 5.25+0.1x | 5.14-1.4x | 6.55+0.6x | 5.96+0.5x | 5.43 |
| Liabilities-to-Equity | 0.210.0x | 0.25-0.1x | 0.350.0x | 0.33-0.2x | 0.500.0x | 0.52-0.8x | 1.28-0.3x | 1.61+0.8x | 0.80+0.3x | 0.52+0.2x | 0.320.0x | 0.270.0x | 0.230.0x | 0.22-0.1x | 0.31 |
| Asset Turnover | 0.73-0.5x | 1.25+0.2x | 1.04-0.2x | 1.26-0.3x | 1.53-0.5x | 2.06+0.4x | 1.66+0.4x | 1.22+0.3x | 0.92+0.1x | 0.78+0.1x | 0.63+0.1x | 0.540.0x | 0.52+0.1x | 0.430.0x | 0.42 |
| FCF Margin | 15.6%-2.4pp | 17.9%-3.1pp | 21.0%+3.5pp | 17.5%+0.6pp | 16.9%+9.9pp | 7.0%-5.1pp | 12.2%-5.7pp | 17.8%+13.3pp | 4.5%+22.5pp | -17.9%-1.7pp | -16.3%-8.2pp | -8.1%-4.3pp | -3.8%-3.1pp | -0.7%-13.9pp | 13.3% |
Not reported in any period shown, so not listed: Debt-to-Equity.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| GRAVITY Co., Ltd. GRVY | FY2024 | $338.9M | $57.5M | 17.0% | $465.6M | 73/100 |
| DoubleDown Interactive Co., Ltd. DDI | FY2025 | $359.9M | $102.5M | 28.5% | $661.0M | 79/100 |
| Sohu.com Limited SOHU | FY2025 | $584.3M | $394.1M | 67.4% | $331.9M | 38/100 |
| GCL Global Holdings Ltd GCL | FY2026 | $238.9M | -$25.0M | -10.5% | $112.7M | 41/100 |
| GDEV Inc. GDEV | FY2025 | $404.3M | $69.3M | 17.2% | $183.9M | 41/100 |
| Playtika Holding Corp. PLTK | FY2025 | $2.8B | -$206.4M | -7.5% | $785.7M | 45/100 |
Where GRAVITY Co., Ltd. Ranks
Frequently Asked Questions
What is GRAVITY Co., Ltd.'s annual revenue?
GRAVITY Co., Ltd. (GRVY) reported $338.9M in total revenue for fiscal year 2024. This represents a -39.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is GRAVITY Co., Ltd.'s revenue growing?
GRAVITY Co., Ltd. (GRVY) revenue declined by 39.7% year-over-year, from $562.0M to $338.9M in fiscal year 2024.
Is GRAVITY Co., Ltd. profitable?
Yes, GRAVITY Co., Ltd. (GRVY) reported a net income of $57.5M in fiscal year 2024, with a net profit margin of 17.0%.
What is GRAVITY Co., Ltd.'s gross margin?
GRAVITY Co., Ltd. (GRVY) had a gross margin of 38.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is GRAVITY Co., Ltd.'s operating margin?
GRAVITY Co., Ltd. (GRVY) had an operating margin of 17.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is GRAVITY Co., Ltd.'s net profit margin?
GRAVITY Co., Ltd. (GRVY) had a net profit margin of 17.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is GRAVITY Co., Ltd.'s return on equity (ROE)?
GRAVITY Co., Ltd. (GRVY) has a return on equity of 15.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is GRAVITY Co., Ltd.'s free cash flow?
GRAVITY Co., Ltd. (GRVY) generated $52.7M in free cash flow during fiscal year 2024. This represents a -47.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is GRAVITY Co., Ltd.'s operating cash flow?
GRAVITY Co., Ltd. (GRVY) generated $53.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are GRAVITY Co., Ltd.'s total assets?
GRAVITY Co., Ltd. (GRVY) had $464.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What are GRAVITY Co., Ltd.'s capital expenditures?
GRAVITY Co., Ltd. (GRVY) invested $415K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does GRAVITY Co., Ltd. spend on research and development?
GRAVITY Co., Ltd. (GRVY) invested $10.3M in research and development during fiscal year 2024.
What is GRAVITY Co., Ltd.'s current ratio?
GRAVITY Co., Ltd. (GRVY) had a current ratio of 6.02 as of fiscal year 2024, which is generally considered healthy.
What is GRAVITY Co., Ltd.'s liabilities-to-equity ratio?
GRAVITY Co., Ltd. (GRVY) had a liabilities-to-equity ratio of 0.21 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2024, because the filing data we hold for that year carries no long-term debt figure.
What is GRAVITY Co., Ltd.'s return on assets (ROA)?
GRAVITY Co., Ltd. (GRVY) had a return on assets of 12.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is GRAVITY Co., Ltd.'s P/E ratio?
GRAVITY Co., Ltd. (GRVY) trades at 8.1x earnings, its market capitalization divided by $57.5M net income, FY2024. The market capitalization is $465.6M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GRAVITY Co., Ltd.'s price-to-sales ratio?
GRAVITY Co., Ltd. (GRVY) trades at 1.4x sales, its market capitalization divided by $338.9M revenue, FY2024. The market capitalization is $465.6M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GRAVITY Co., Ltd.'s Altman Z-Score?
GRAVITY Co., Ltd. (GRVY) has an Altman Z-Score of 6.64, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is GRAVITY Co., Ltd.'s Piotroski F-Score?
GRAVITY Co., Ltd. (GRVY) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are GRAVITY Co., Ltd.'s earnings high quality?
GRAVITY Co., Ltd. (GRVY) has an earnings quality ratio of 0.93x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can GRAVITY Co., Ltd. cover its interest payments?
GRAVITY Co., Ltd. (GRVY) has an interest coverage ratio of 632.47x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is GRAVITY Co., Ltd.?
GRAVITY Co., Ltd. (GRVY) scores 73 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.