Gravity: Mobile Games, International Expansion, NBA License, And Cheap

DisobeyArt Gravity Co., Ltd. (NASDAQ:GRVY), the developer of the well-known and successful Ragnarok game, recently launched a number of new mobile games, which may accelerate free cash flow growth in the coming years. The company is signing new license agreements like that with the NBA, and reports a large amount of cash in hand, which could be useful for future developments. In my view, expansion into new territories, new partnerships, and acquisition agreements with local competitors could bring a signifi ...