Gravity Stock Price, News & Analysis

Gravity (NASDAQ:GRVY) has officially launched Ragnarok Zero, an MMORPG PC game, in Taiwan, Hong Kong, and Macau on July 3, 2025. The game, developed by GRAVITY Communications Co., Ltd., is based on the original Ragnarok Online universe and aims to recreate the nostalgic experience of the early game while introducing new features.

The game enhances player experience with new content including exclusive PVP maps and seasonal events. Players can access the game by downloading the PC client through the official website. Ragnarok Online, Gravity's principal product, is currently available in 91 regions globally, with strong presence in markets like Japan and Taiwan.

Gravity (NASDAQ:GRVY) has officially launched Ragnarok: Twilight, a new MMORPG mobile game, in Taiwan, Hong Kong, and Macau on July 3, 2025. The game, developed by GRAVITY Game Vision, combines classic elements of the original Ragnarok Online with innovative features, including the franchise's first-ever hero transformation system and exclusive MVP dungeons.

Following positive feedback from its closed beta test in May, the game is now available for download through Google Play, Apple App Store, and Huawei AppGallery in the respective regions. The launch is accompanied by various celebratory events for players.

Gravity Co., Ltd. (GRVY) announced that its new game Ragnarok: Promised Adventure has received an ISBN code from the Chinese government on May 21, 2025. This marks the company's second ISBN approval in 2025, following PROJECT ABYSS in January. The game is an adventure MMORPG developed in collaboration with Kingnet Network Co., Ltd., featuring multiple character training systems and idle rewards.

The announcement follows Gravity's successful launch of Ragnarok: Dawn on WeChat in February 2025, which ranked eighth in top-grossing Mini Programs. Ragnarok: Promised Adventure builds upon the original Ragnarok Online universe and represents Gravity's continued expansion in the Chinese gaming market.

Gravity Co., Ltd. (GRVY) has officially launched Ragnarok Idle Adventure Plus, an idle MMORPG mobile game, in Taiwan, Hong Kong, and Macau on May 21, 2025. The game combines idle genre characteristics with MMORPG battle elements for efficient and comfortable gameplay.

The game is available on Google Play, Apple App Store, and Huawei AppGallery (Hong Kong and Macau only). Following its global launch in February 2025, the game achieved notable rankings: 4th in Singapore, 5th in Philippines and Malaysia, and 6th in Thailand in App Store free downloads during pre-download phase. It later reached #1 in free downloads on Google Play in Brazil and Singapore after official launch.

Gravity (GRVY) reported strong Q1 2025 financial results with total revenues of KRW 137.4B (US$93.2M), up 6% QoQ and 14.8% YoY. Operating profit reached KRW 24.7B (US$16.7M), increasing 55% QoQ but declining 8% YoY. Mobile game revenues, the company's largest segment, grew 9.4% QoQ to KRW 115.4B (US$78.3M), driven by new launches including Ragnarok M: Classic and Ragnarok Idle Adventure Plus. The company expanded its portfolio with multiple game launches across regions, including THE RAGNAROK and Ragnarok: Rebirth. Notably, Gravity established a new subsidiary in Malaysia (Gravity Game Unite) and opened its first Ragnarok Golf Monsters facility in Taipei, demonstrating geographic and business diversification.

Gravity Co., (GRVY) has filed its annual report on Form 20-F for fiscal year 2024 with the SEC on April 25, 2025. The company reported significant year-over-year declines across key financial metrics:

• Consolidated revenue: KRW 500,845 million (31.0% decrease from 2023)
• Operating profit: KRW 85,384 million (46.8% decrease from 2023)
• Net profit attributable to parent company: KRW 84,919 million (35.7% decrease from 2023)

Shareholders and ADS holders can request a hard copy of the annual report containing audited consolidated financial statements from the company's IR Unit in Seoul, South Korea. The report is also accessible on Gravity's investor relations website.

Gravity Co., (GRVY) has announced the successful launch of Ragnarok M: Classic in Taiwan, Hong Kong, and Macau on April 16, 2025. The MMORPG mobile game has achieved significant early success in these markets, particularly in app store rankings.

The game has demonstrated strong performance across multiple platforms, ranking first in top grossing on Apple App Store in Taiwan, second in Macau, and fourth in Hong Kong. In terms of free downloads, it secured the second position on Google Play in Taiwan and Macau, while achieving first place on Apple App Store in Taiwan and second place in Hong Kong and Macau.

The launch has been met with enthusiastic user response, accumulating over 100,000 downloads and securing the second position in mobile game rankings on Bahamut, a prominent gaming community. The game is available for both mobile and PC platforms, with Gravity hosting various launch celebration events to maintain user engagement.

Gravity Co., (GRVY) has officially launched Ragnarok: Back to Glory, a 3D MMORGPG mobile game, in Korea and Southeast Asia on April 17, 2025. The game features a globally integrated marketplace enabling users across Taiwan, Hong Kong, Macau, Korea, and Southeast Asia to trade in-game items freely.

The launch follows successful CBT feedback in Korea and strong pre-registration numbers in Southeast Asia, with over 2 million users signing up before release. The game is now available for download through Google Play, Apple App Store, and local Southeast Asian app markets.

Gravity Co., (GRVY) has officially launched Ragnarok V: Returns, a 3D MMORPG Mobile and PC game, in Thailand, Indonesia and the Philippines on March 27, 2025. This launch completes the game's rollout across Southeast Asia, following its initial release in other Southeast Asian regions in December 2024.

The game demonstrated strong initial traction during its Closed Beta Test (CBT) in March 2024, attracting over 20,000 users on the first day with sustained engagement throughout the testing period. The game is now available for download through multiple platforms including Google Play, Apple App Store, and Huawei App Gallery, with a PC version accessible through the official website.