GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2025

GRAVITY (Nasdaq: GRVY) filed its Form 20-F for the fiscal year ended December 31, 2025 with the SEC on April 24, 2026.

Rhea-AI Summary

GRAVITY (Nasdaq: GRVY) filed its Form 20-F for the fiscal year ended December 31, 2025 with the SEC on April 24, 2026. The annual report, including audited consolidated financial statements, is available on the company investor relations website and can be requested in hard copy free of charge.

Key 2025 figures (KRW millions): Revenue 560,548, Operating profit 77,396, Net profit attributable to parent company 67,464 (YoY revenue +11.9%, net profit -20.6%).

Positive

• Revenue +11.9% YoY to KRW 560,548 million
• Filed Form 20-F with audited consolidated financial statements

Negative

• Net profit attributable to parent company -20.6% YoY to KRW 67,464 million

Argus Apr 24 session

+1.11% close to close Open Argus

Details

News Market Reaction – GRVY

On Apr 24, the day this news came out, GRVY closed 1.11% above the previous close.

Data tracked by StockTitan Argus for the Apr 24 session.

Market Context

This announcement confirms audited 2025 results, with consolidated revenue of KRW 560,548 million, u...

Analysis

This announcement confirms audited 2025 results, with consolidated revenue of KRW 560,548 million, up 11.9% year over year, but operating profit down to KRW 77,396 million and net profit attributable to the parent at KRW 67,464 million. Investors may weigh solid top-line growth against compressing profitability. In this context, future updates on cost control, monetization of new Ragnarok titles, and any changes in regional performance will be key metrics to monitor.

Key Figures

FY2025 revenue: KRW 560,548 million FY2024 revenue: KRW 500,845 million Revenue YoY change: +11.9% +5 more

FY2025 revenue

KRW 560,548 million

Consolidated revenue for fiscal year ended Dec 31, 2025 (Form 20-F)

FY2024 revenue

KRW 500,845 million

Prior-year consolidated revenue (comparison in 20-F table)

Revenue YoY change

+11.9%

Year-over-year consolidated revenue growth 2025 vs 2024

FY2025 operating profit

KRW 77,396 million

Operating profit for fiscal year ended Dec 31, 2025

FY2024 operating profit

KRW 85,384 million

Prior-year operating profit (comparison in 20-F table)

Operating profit YoY change

-9.4%

Year-over-year operating profit change 2025 vs 2024

FY2025 net profit (parent)

KRW 67,464 million

Net profit attributable to parent company for FY2025

Net profit YoY change

-20.6%

Year-over-year net profit attributable to parent company change

Historical Context

5 past events · Latest: Mar 26

5 events

1. Mar 26

   Game launch expansion

   24h Move

   +0.1%

   Launch of Ragnarok Origin Classic across multiple Asian markets and platforms.

2. Feb 13

   Preliminary earnings

   24h Move

   -0.3%

   Preliminary Q4 and FY2025 results showing revenue growth but weaker profitability.

3. Feb 10

   Game launch expansion

   24h Move

   +2.6%

   Official launch of Ragnarok: Twilight in Vietnam for mobile platforms.

4. Jan 16

   Game performance update

   24h Move

   -1.8%

   Ragnarok: The New World ranked top in downloads and grossing in key regions.

5. Jan 14

   Game launch expansion

   24h Move

   -0.6%

   Ragnarok X: Next Generation launched across Europe, Middle East, and Africa.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

form 20-f, ads

2 terms

form 20-f regulatory

"the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2025"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

ads financial

"The shareholders and ADS holders of Gravity may receive a hard copy of the annual report"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Seoul, Korea, April 24, 2026 (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, 2025 with the Securities and Exchange Commission on April 24, 2026. 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 560,548 million, the operating profit is KRW 77,396 million, and the net profit attributable to parent company is KRW 67,464 million for the fiscal year ended December 31, 2025.

(In millions of KRW)

	2025	2024	YoY
Revenue	560,548	500,845	+11.9%
Operating profit	77,396	85,384	-9.4%
Net profit attributable to parent company	67,464	84,919	-20.6%

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 regions. 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. Jimin Park
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did GRVY announce in its April 24, 2026 Form 20-F filing?

The company filed its annual report on Form 20-F for fiscal 2025 with audited consolidated financials. According to the company, the report is available on its investor relations website and can be requested in hard copy free of charge.

What were GRVY's consolidated revenue and net profit for fiscal 2025?

GRVY reported consolidated revenue of KRW 560,548 million and net profit attributable to parent company of KRW 67,464 million. According to the company, revenue rose 11.9% YoY while net profit declined 20.6% YoY.

How can shareholders obtain a hard copy of GRVY's 2025 annual report?

Shareholders and ADS holders may request a free hard copy of the annual report by contacting the IR Unit at the company's Seoul address. According to the company, requests should be directed to IR Unit, Gravity Co., Ltd., Mapo-gu, Seoul.

Where can investors access GRVY's Form 20-F online?

Investors can access the annual report on the company's investor relations website. According to the company, the Form 20-F and audited consolidated financial statements are posted at the GRAVITY investor relations notice page.

How did GRVY's operating profit change in 2025 compared with 2024?

Operating profit was KRW 77,396 million for 2025 versus KRW 85,384 million in 2024. According to the company, this represents a 9.4% decrease year-over-year as reported in the Form 20-F.