Gravity Stock Price, News & Analysis

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.

Gravity Game Hub (GGH), a subsidiary of Gravity Co., (GRVY), has launched pre-registration for Ragnarok Idle Adventure Plus, a new AFK mobile game, across 150+ countries via Apple App Store, Google Play Store, and Huawei App Gallery starting January 15th, 2025.

The game features a 3D Fantasy world with Ragnarok's unique atmosphere and will be available in six languages: English, Chinese (Simplified), Thai, Indonesian, Spanish, and Portuguese. Pre-registration rewards include various in-game items tied to milestone achievements, from 50,000 to 500,000 registrations, offering items such as GP, Moon Keys, AFK Experience boosters, blueprints, and pet eggs.

The mobile RPG aims to provide an accessible MMORPG gaming experience while maintaining the essence of the Ragnarok Online franchise, featuring iconic characters and legendary monsters from the Midgard world.

Gravity (GRVY) announced that its mobile 3D MMORPG game, Ragnarok: Rebirth, received an ISBN code from the Chinese government on December 24, 2024. This marks the third ISBN for Ragnarok IP titles in 2024, following Ragnarok Online in February and Ragnarok Dawn in June.

The game has shown strong performance since its Southeast Asian launch in June 2024, reaching #1 in free downloads on Apple App Store in Thailand, Philippines, Indonesia, and Malaysia. In October 2024, it also topped App Store downloads in Taiwan, Hong Kong, and Macau, while achieving #2 in top-grossing rankings on Apple App Store and #5 on Google Play in Macau after its official launch.

Gravity Game Hub (GGH), a subsidiary of Gravity Co., (GRVY), has announced the Closed Beta Test (CBT) registration for Ragnarok Idle Adventure, a new mobile game based on Ragnarok Online. The CBT will begin on December 19, 2024, at 10:00 GMT+8 and will be available worldwide except for Thailand, Mainland China, Taiwan Region, Hong Kong SAR, Macao SAR, South Korea, and Japan.

The game is a vertical Idle RPG featuring auto-combat systems and easy-to-play mechanics. Key features include seamless idle experience, strategic customization with cards, iconic characters, and extensive fashion customization options. The CBT will allow players to test features and provide feedback, though all progress will be reset before launch.

Gravity has globally launched Tokyo Psychodemic, a 2D cinematic forensic investigation game, on PlayStation®4, PlayStation®5, and Nintendo Switch™ on November 28, excluding Japan. The game features a post-pandemic setting with supernatural elements, offering multiple endings based on players' investigation methods.

The gameplay combines scenario exploration with evidence collection, featuring live 2D animations and interactive evidence analysis. The game supports Korean, English, Japanese, Simplified Chinese, and Traditional Chinese languages, with updated language support on Steam®. The title was previously released in Japan only in May.

Gravity (GRVY) has globally launched its idle mobile RPG 'Poring Rush' on November 21, 2024, available through Google Play Store and Apple App Store in multiple regions, excluding Korea, Japan, China, Vietnam, Netherlands, Belgium, Russia, Iran, and Cuba. The game, supporting ten languages, features various Poring characters that players can combine to enhance combat attributes. The launch version includes features like research labs, ruins, farms, altars, and the Magic Castle. To celebrate the launch, the game offers various events including a 7-day mission event with special rewards, and community events through their Discord platform.

Gravity Co reported its Q3 2024 financial results with total revenues of KRW 128,376 million (US$ 97,629 thousand), showing a 4.4% QoQ increase but a 27.1% YoY decrease. Operating profit reached KRW 27,576 million, up 84.0% QoQ but down 27.3% YoY. Mobile game revenues, which represent the largest segment, were KRW 102,524 million, up 3.5% QoQ but down 34.1% YoY. The company announced several upcoming game launches, including Ragnarok X: Next Generation in Japan and Ragnarok V: Returns in Singapore and Malaysia in Q4 2024.