Gravity Stock Price, News & Analysis

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.

Gravity Co., (GRVY) has announced the successful launch of 仙境传说：破晓 (Ragnarok: Dawn), an idle MMORPG mobile game, in China through WeChat Mini Programs on February 20, 2025. The game, which received its ISBN in June 2024, has shown promising early performance by ranking eighth in top grossing WeChat Mini Programs.

Following positive feedback from the January CBT (Closed Beta Test), the game's success through WeChat Mini Programs has increased anticipation for its upcoming mobile app version. This launch adds to Gravity's portfolio of successful Ragnarok IP titles in China, where three previous games have already received ISBNs and performed well.

Gravity Game Hub (GGH), a subsidiary of GRAVITY Co., (GRVY), has globally launched Ragnarok Idle Adventure Plus on February 20th, 2025, across Google Play Store, Apple App Store, and Huawei App Gallery platforms. The game, which garnered over 1 million pre-registered players, is available worldwide except for Mainland China, South Korea, Japan, Taiwan, Hong Kong, and Macao.

Based on the original Ragnarok Online IP, which has amassed 230 million players globally, this new idle RPG emphasizes simple gameplay and low-spec device compatibility. The game features hands-free progression, strategic team customization, multiple game modes including MVP Raid (PvE) and Hall of Valor (PvP), and a pet & buddy system.

Gravity Co., (GRVY) has successfully launched Ragnarok M: Classic, an MMORPG mobile game, in 9 Southeast Asian regions on February 14, 2025. The game has shown strong initial performance, achieving significant rankings across multiple app stores.

The pre-registration phase, which began on November 14, 2024, garnered over 1 million registrations by January 2025. The game achieved notable rankings in both Apple App Store and Google Play:

App Store Rankings:

• Ranked #1 in free downloads in Thailand, Philippines, and Malaysia
• Ranked #2 in Singapore and #3 in Indonesia
• Reached #2 in top grossing in Thailand, #4 in Philippines, and #10 in Indonesia

• Ranked #2 in free downloads in Thailand
• Ranked #5 in Singapore and #9 in Philippines
• Reached #10 in top grossing in Philippines and #11 in Thailand

Gravity Co., (GRVY) reported preliminary Q4 2024 results with consolidated revenue of KRW 130 billion and operating profit of KRW 16 billion. Q4 revenue showed a 1.3% QoQ increase but a 10.7% YoY decrease. For full-year 2024, preliminary unaudited revenue reached KRW 501 billion with operating profit of KRW 85 billion.

The company's Q4 performance was driven by increased revenues from new game launches, including THE RAGNAROK in Southeast Asia, Ragnarok: Rebirth in Taiwan, Hong Kong and Macau, and Ragnarok X: Next Generation in Japan. The company maintained strong liquidity with KRW 553,202 million in cash and cash equivalents.

Notable developments include receiving ISBN codes in China for two Ragnarok IP-based games and multiple game launches across various regions. The company has an extensive pipeline of upcoming Ragnarok titles planned for 2025-2026 launches across global markets.

Gravity Co., (GRVY) has announced the official launch of Ragnarok Begins, an Action Side-scrolling MMORPG Mobile and PC game, in Taiwan, Hong Kong and Macau on February 13, 2025. The game, which supports cross-play between PC and mobile platforms, is set 100 years before Ragnarok Online.

The game features a detailed class advancement system, equipment customization, and community features including guilds, DIY housing, and world boss cooperative battles. Players can participate in PVP content through the Arena of Valhalla and challenge the Tower of Infinity dungeon either solo or in teams.

Previously launched in North America (2022) and South Korea (2023), the game has maintained stable service with a loyal user base. Early registrants will receive in-game currency and an exclusive 'Tebirus Headband' item as part of the pre-launch event.

Gravity (GRVY) has globally released 'KAMiBAKO', a new world craft RPG game, on January 30, 2025, across multiple platforms including Steam, PlayStation 4, PlayStation 5, and Nintendo Switch. The game combines unique elements such as map crafting, puzzles, battles, and RPG mechanics in an open-world setting.

Set in a fragmented world with cubic holes, players take on the role of a restorer, solving puzzles and engaging in activities like farming and building construction. The game features a cube-collection system through monster battles, which enables spirit summoning and special moves. KAMiBAKO supports multiple languages including Korean, English, Japanese, and Chinese, following its pre-release in Japan in August 2024.

Gravity (NASDAQ: GRVY) announced that its mobile MMOARPG game '仙境传说：初心' has received an ISBN code from the Chinese government on January 21, 2025. This marks the first Ragnarok IP title to receive ISBN approval in 2025, following several other successful Ragnarok titles' approvals in 2023 and 2024.

The game, previously introduced as 'Project Abyss' at G-Star 2024, features a seamless open-world map, full 3D environment with weather system, customizable characters with 2D rendering texture, and dynamic combat mechanics. The game received positive feedback at G-Star 2024 for its high-quality graphics, content exploration, and skill combination system.