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Gravity Launches 'Ragnarok: Rebirth' In China - GRAVITY Co (NASDAQ:GRVY)
Benzinga· 2025-12-26 16:29
On Friday, Gravity Co., Ltd. (NASDAQ:GRVY) said its 3D mobile MMORPG Ragnarok: Rebirth officially launched in China on Dec. 25, 2025, marking a key expansion in one of the world’s largest gaming markets.The company said the title retains the classic identity of Ragnarok Online while adding 3D graphics, a screen conversion system, and an integrated exchange system.The game received its ISBN code from Chinese authorities in December 2024, clearing regulatory approval ahead of launch. User interest built durin ...
Ragnarok: Rebirth was Officially Launched in China on December 25, 2025
Globenewswire· 2025-12-26 11:00
Core Viewpoint - Gravity Co., Ltd. has officially launched its mobile game "Ragnarok: Rebirth" in China on December 25, 2025, following its successful release in other regions [1][2]. Group 1: Game Launch and Features - "Ragnarok: Rebirth" is a 3D MMORPG that retains the classic elements of Ragnarok Online while introducing new graphics and an integrated exchange system [2]. - The game received an ISBN code from the Chinese government in December 2024, indicating regulatory approval prior to its launch [2]. Group 2: Market Performance - Following its launch in Southeast Asia, Taiwan, Hong Kong, and Macau in 2024, "Ragnarok: Rebirth" achieved significant popularity, ranking first in free downloads on the Apple App Store in Thailand, Philippines, Indonesia, and Malaysia [3]. - The game also ranked second in free downloads on Google Play in Thailand and was second in top grossing on the Apple App Store and fifth on Google Play in Macau [3]. Group 3: Company Communication - Gravity expressed gratitude to users for their patience leading up to the launch and announced various events to celebrate the official release of "Ragnarok: Rebirth" [4].
High Resolution Gravity Survey Targets Challenger Repeats
Accessnewswire· 2025-12-18 23:50
Core Insights - Barton Gold Holdings Limited has initiated a high-resolution airborne gravity survey around its Challenger Gold Project in South Australia, aiming to identify high-grade quartz vein lodes [1] - The survey targets gravity anomalies that may indicate geological structures similar to those found in the Challenger's high-grade gold lodes [1] - This initiative is part of the company's research and development efforts to explore historically under-explored areas and develop new geological models [1]
Gravity, Atlas and Cash Runway Shape Lucid's Next Phase
ZACKS· 2025-12-10 15:56
Core Insights - Lucid Group has achieved seven consecutive quarterly delivery records, driven by demand for the Gravity model, which has positively impacted average selling prices [1][2][6] - The company has extended its liquidity runway into 2027, with pro forma liquidity reaching approximately $5.5 billion, allowing for continued growth and preparation for new model launches [8][6] - Profitability remains a significant challenge, with Q3'25 GAAP gross margin reported at approximately negative 99%, impacted by tariffs and inventory build [9] Delivery and Sales Performance - The demand for the Gravity model has led to a rise in average selling prices, with expectations for continued growth in deliveries into Q4 2025 [2][6] - Revenue projections indicate an increase from $1.22 billion in 2025 to $2.49 billion in 2026, reflecting a strong upward sales trajectory [3] Product Development and Efficiency - The Atlas powertrain is designed to enhance efficiency and reduce costs, with a focus on fewer parts and integrated systems, supporting the launch of a midsize model in late 2026 [5][7] - Management plans to leverage the Atlas powertrain to improve gross margins as production volumes increase [7] Financial Position and Liquidity - As of the end of Q3'25, the company's liquidity was approximately $4.2 billion, bolstered by a $2 billion undrawn term loan facility, extending the funding runway into the first half of 2027 [8] - This financial flexibility is crucial for scaling the Gravity model and preparing for the midsize launch while pursuing efficiency initiatives [8] Margin Challenges and Monitoring - Despite positive sales mix trends, the company faces margin pressures, with tariffs compressing reported margins by about 13 percentage points [9] - Investors are advised to monitor the availability of the Gravity Touring model and the impact of a second shift launched in October to support higher output [10]
Gravity IT Resources Joins the Workday Partner Program
Globenewswire· 2025-12-04 18:30
FORT LAUDERDALE, Fla., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Gravity IT Resources, a specialized provider of technology staffing solutions, announced it has joined the Workday Partner Program. As a certified Workday Staffing Partner, Gravity IT Resources can leverage its referral-based talent attraction programs to attract top certified Workday consultants and sponsor non-certified Workday professionals in obtaining the latest certifications. This will help deploy top-tier staff augmentation talent across the W ...
Standard Uranium Receives Drill Permits and Initiates Ground Gravity Survey on the Corvo Uranium Project
Newsfile· 2025-11-27 12:30
Core Insights - Standard Uranium Ltd. has received exploration permits for the Corvo Uranium Project and plans to initiate a ground gravity survey and drilling program in early 2026 [1][3]. Exploration and Survey Details - The company has contracted MWH Geo-Surveys to conduct a 50 m x 200 m ground gravity survey over 29 km, which will help identify density anomalies related to uranium mineralization [2]. - The gravity survey will consist of over 5,000 individual gravity measurement stations and is expected to refine target areas for drilling [2][4]. - A diamond drill program totaling approximately 3,000 meters is planned for winter 2026, marking the first drilling activity on the project in over 40 years [3]. Historical Findings and Assays - Previous outcrop grab samples from the Manhattan Showing returned uranium assays as high as 8.10% U3O8, indicating significant mineralization potential [3][7]. - The company identified zones of off-scale radioactivity and developed new drill targets based on previously undocumented radioactive occurrences [7]. Project Location and Potential - The Corvo Project is strategically located 60 km east of Cameco's McArthur River mine and 45 km northeast of Atha Energy's Gemini Mineralized Zone, suggesting a favorable geological setting for uranium exploration [8][9]. - The project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, similar to other successful deposits in the region [9]. Technical and Analytical Methods - Ongoing geophysical interpretation and modeling are being conducted to integrate historical and new data, which will aid in identifying high-priority drill targets [6]. - Samples collected for analysis are being processed at SRC Geoanalytical Laboratories, ensuring quality control and reliable results [11].
Ragnarok Online Landverse America, Closed Beta Test Begins November 20th for Latin America and North America
Prnewswire· 2025-11-20 04:06
Core Insights - Maxion Tech Co., Ltd. is launching the Closed Beta Test (CBT) for Ragnarok Online Landverse America from November 20 to November 26, 2025, in collaboration with GRAVITY Co., Ltd. [1][2] Group 1: Closed Beta Test (CBT) Details - The CBT allows players to experience the reimagined Ragnarok Online universe, integrating MMORPG gameplay with blockchain technology for item ownership and a player-driven economy [2][4] - Participants will test core systems, game balance, and Web3 features, providing valuable feedback ahead of the official launch [2][4] Group 2: Pre-Registration and Pre-Sale Events - Pre-Registration and Pre-Sale events are ongoing from November 13 to December 10, 2025, enabling players to secure exclusive items and rewards [3][5] - The official launch of the game is scheduled for December 11, 2025 [5] Group 3: Company Background - Maxion Tech, founded in 2021, specializes in Web3 and blockchain-based interactive entertainment, collaborating with global partners to enhance gaming experiences [6] - Gravity Co., Ltd., established in 2000 and listed on Nasdaq, is known for its MMORPG, Ragnarok Online, and continues to expand its portfolio [7]
Gravity Reports Third Quarter of 2025 Result and Business Updates
Globenewswire· 2025-11-07 11:15
Core Insights - Gravity Co., Ltd. reported its unaudited financial results for Q3 2025, showing mixed performance across its online and mobile game segments, with notable revenue increases from new game launches [1][3][10]. Financial Performance - Online game revenues reached KRW 25,968 million (US$ 18,487 thousand), an 18.2% increase QoQ and a 32.1% increase YoY, driven by the launch of Ragnarok Zero in Taiwan, Hong Kong, and Macau [3][4]. - Mobile game revenues were KRW 109,571 million (US$ 78,007 thousand), reflecting a 23.9% decrease QoQ but a 6.9% increase YoY, influenced by decreased revenues from Ragnarok M: Classic and offset by new game launches [5]. - Other revenues decreased to KRW 3,355 million (US$ 2,389 thousand), a 29.6% decrease QoQ and a 45.8% decrease YoY [6]. - Total revenues amounted to KRW 138,894 million (US$ 98,883 thousand), an 18.7% decrease QoQ but an 8.2% increase YoY [10]. Cost and Profitability - Cost of revenue was KRW 88,542 million (US$ 63,036 thousand), a 22.3% decrease QoQ and a 16.1% increase YoY [7]. - Operating expenses totaled KRW 29,076 million (US$ 20,700 thousand), down 21.6% QoQ but up 18.5% YoY [8]. - Profit before income tax expense was KRW 27,207 million (US$ 19,369 thousand), a 45.4% increase QoQ but a 4.3% decrease YoY [9][10]. - Net profit attributable to the parent company was KRW 19,869 million (US$ 14,145 thousand), a 50.0% increase QoQ but an 11.2% decrease YoY [11]. Liquidity Position - As of September 30, 2025, the balance of cash and cash equivalents and short-term financial instruments was KRW 609,927 million (US$ 434,226 thousand) [12]. Business Updates - Several new games were launched, including Ragnarok Idle Adventure Plus in Korea and Ragnarok M: Classic Global in various regions, contributing to revenue growth [13][15]. - Upcoming launches include Ragnarok Landverse Genesis America on December 11, 2025, and Ragnarok: Back to Glory in China in Q4 2025 [15][17].
Renowned Physical Therapists Bob and Brad Launch Their First 4D Zero-Gravity Massage Chair on Amazon
Globenewswire· 2025-11-05 13:40
Core Insights - Bob and Brad, renowned physical therapists, have launched their first 4D zero-gravity massage chair, the iMaster Pro, on Amazon US starting November 5, 2025, priced at $2,999 with a limited-time discount bringing the price down to $2,499 [1][2][8] Product Features - The iMaster Pro is designed for everyday recovery, featuring a 4D massage mechanism, adaptive body scanning, and zero-gravity recline to provide a personalized massage experience akin to professional treatments [3][6] - It offers a comprehensive full-body experience with features such as gentle ankle traction, low-back and pelvic mobilization, neck heat, and adjustable multi-zone airbags [5][7] Company Background - Bob and Brad are licensed physical therapists with over 60 years of combined experience and a significant online presence, boasting over 5 million YouTube subscribers [6] - Their mission is to empower individuals to live pain-free and healthier lives, integrating clinical knowledge with effective recovery tools [6]
Ragnarok: Twilight Has Successfully Launched in Southeast Asia
Globenewswire· 2025-11-03 11:00
Core Insights - GRAVITY Co., Ltd. has successfully launched its mobile game Ragnarok: Twilight in Southeast Asia on October 23, 2025, through its subsidiary GRAVITY Game Vision, Ltd. [1] Performance Metrics - Ragnarok: Twilight has achieved top rankings in free downloads on Google Play, ranking first in Thailand, Malaysia, Indonesia, and the Philippines, and second in Singapore. It has also entered the top ten in grossing rankings in Thailand and the Philippines [2] - On the Apple App Store, the game ranked second in free downloads in Thailand, third in Malaysia and the Philippines, and sixth in Singapore. In terms of grossing, it ranked second in Thailand, fourth in Malaysia, fifth in Indonesia, and sixth in the Philippines [2] User Reception - The game received positive feedback during its closed beta test (CBT) in Southeast Asia and has shown strong performance in previously launched regions, ranking eighth in top grossing WeChat Mini Programs in China [3] - Following its launch in Taiwan, Hong Kong, and Macau, Ragnarok: Twilight ranked second in top grossing on the Apple App Store in Taiwan, sixth in Macau, and eighth in Hong Kong, indicating the strength of the Ragnarok IP [3] Company Strategy - The company believes that the introduction of new content while maintaining the core fun of the original game has been well received by users. Various events are currently being held to celebrate the official launch and encourage user engagement [4]