Welcome to our dedicated page for Gravity news (Ticker: GRVY), a resource for investors and traders seeking the latest updates and insights on Gravity stock.
Gravity Co., Ltd. (NasdaqGM: GRVY), renowned creator of the iconic Ragnarok Online franchise, operates at the intersection of gaming innovation and digital entertainment. This dedicated news hub provides investors and enthusiasts with timely updates on corporate developments shaping the global interactive media landscape.
Access authoritative coverage of GRVY's earnings announcements, partnership agreements, and product launches. Our curated collection features official press releases alongside verified third-party analysis, offering a balanced perspective on strategic moves within the mobile gaming and MMORPG sectors.
Key updates include financial performance disclosures, intellectual property expansions, and technological advancements across Gravity's gaming ecosystems. Regular updates ensure stakeholders stay informed about licensing deals, regional market entries, and cross-platform development initiatives.
Bookmark this page for streamlined tracking of GRVY's business trajectory. Combine our news archive with Gravity's investor relations materials for comprehensive due diligence in the dynamic online entertainment market.
GRAVITY Co., Ltd. (NasdaqGM: GRVY) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2022, on April 27, 2023. The report revealed consolidated revenue of KRW 463,618 million, an operating profit of KRW 104,708 million, and a net profit of KRW 83,162 million. These figures represent a 12.0% revenue increase year-over-year, an 8.3% rise in operating profit, and a significant 26.1% increase in net profit attributable to the parent company compared to 2021. Shareholders can request a hard copy of the annual report containing the audited financial statements free of charge. Additional details can be accessed on the Company’s investor relations website.
X Heroes: NFT War, a hero collector RPG developed by Gravity Neocyon and ME2ON, officially launched globally on April 25, 2023, excluding Korea and China. The game features a play-to-earn (P2E) system where users can earn MEVerse Play (MPL) tokens through gameplay, which are exchangeable for USD Coin and other virtual assets. Pre-registration exceeded expectations, and 1,000 Special NFT Mystery Cards sold out in one day after minting.
To celebrate the launch, three events offering various benefits are scheduled from April 25 to May 10. Gravity Neocyon, a subsidiary of Gravity (NASDAQ: GRVY), expressed gratitude for user interest in the game and aims to enhance the gaming experience with diverse content and events.
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