Core Viewpoint - GRAVITY Co., Ltd. reported a significant decline in its financial performance for the fourth quarter of 2025, primarily due to decreased revenues from its flagship game, Ragnarok M: Classic, and outlined various upcoming game launches to bolster future growth [1][3]. Financial Results - The tentative consolidated revenue for Q4 2025 is KRW 113 billion, with an operating profit of KRW 12 billion [2]. - The Q4 2025 revenue reflects an 18.6% decrease quarter-over-quarter (QoQ) and a 12.9% decrease year-over-year (YoY) [3]. - The unaudited preliminary consolidated revenue for the entire year of 2025 is KRW 560 billion, with an operating profit of KRW 77 billion [3]. - As of December 31, 2025, the balance of cash and cash equivalents and short-term financial instruments was KRW 618.633 billion [5]. Business Updates - The company plans to launch several new games, including: - Ragnarok Online 3 in China in Q4 2026 and globally in 2027 [6]. - Ragnarok Monster Kitchen, launched globally on December 11, 2025 [6]. - Ragnarok: Rebirth, launched in China on December 25, 2025 [6]. - Ragnarok X: Next Generation, launched in Europe and the Middle East on January 14, 2026 [6]. - Ragnarok: Twilight, launched in Vietnam on February 10, 2026, with plans for launches in other regions throughout 2026 [6][7]. - Ragnarok: The New World, launched in Taiwan, Hong Kong, and Macau on January 15, 2026, achieving top rankings in app stores [6][7]. - Additional upcoming titles include Ragnarok Origin Classic, Ragnarok M: Classic, and Ragnarok Abyss, with various launch timelines set for 2026 [7][8]. Investor Communication - The company has issued an investor presentation detailing recent business updates and Q4 2025 results, available on its website [11].
Gravity Reports Preliminary Unaudited 4Q 2025 Results and Business Updates