Seoul, South Korea, Sept. 26, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Ragnarok Idle Adventure Plus (Chinese Title: 仙境传说：梦想天空), a Vertical Idle MMORPG game, received an ISBN code by Chinese government disclosed on September 24, 2025. Ragnarok Idle Adventure Plus marks the third ISBN in 2025 following 仙境传说：初心 (PROJECT ABYSS, Tentative English Title) in January and 仙境传说之约定好的冒险 (Ragnarok: The Promi ...

Core Viewpoint - GRAVITY Co., Ltd. has officially launched Ragnarok M: Classic Global, an MMORPG mobile and PC game, in multiple regions including North and South America, Europe, the Middle East, certain areas of North Africa, and Oceania on September 3, 2025 [1]. Group 1 - Ragnarok M: Classic Global aims to provide a classic gaming experience reminiscent of early Ragnarok M: Eternal Love, featuring a Zeny-centered economy for fair gameplay [2]. - The game supports multiple languages including English, Portuguese, Spanish, and German, enhancing its accessibility to a broader audience [2]. - Positive feedback was received during the closed beta test (CBT) held in August, which has increased user anticipation for the official launch [2]. Group 2 - The PC version of Ragnarok M: Classic Global is available for download from the official website, while the mobile version can be accessed via Google Play and Apple App Store in their respective regions [2]. - The company expresses gratitude to global users for their patience and invites them to participate in various events celebrating the official launch [3]. - GRAVITY Co., Ltd. is recognized for its development and publishing of online and mobile games, with its principal product, Ragnarok Online, being popular in various markets including Japan and Taiwan, and currently offered in 91 regions [3].

Core Insights - Gravity Co., Ltd. has officially launched its mobile game Ragnarok: Twilight in China on August 15, 2025, marking a significant expansion in the Chinese gaming market [1] Game Features and Reception - Ragnarok: Twilight incorporates classic elements from Ragnarok Online while introducing innovative features such as a hero transformation system and offline auto-hunting functionality, enhancing user experience [2] - The game received positive feedback during its closed beta test, which has increased user anticipation prior to its official launch [2] Market Performance - After its launch, Ragnarok: Twilight achieved notable success by ranking eighth in top grossing as a WeChat Mini Programs game in China [3] - The game ranked first in free downloads on the Apple App Store in Taiwan, Hong Kong, and Macau before its launch, and subsequently ranked second in top grossing on the Apple App Store in Taiwan, sixth in Macau, and eighth in Hong Kong [3] - Additionally, it ranked first in free downloads on Google Play in Taiwan, third in Macau, and sixth in Hong Kong after launching [3] Company Expectations - Gravity expressed high expectations for Ragnarok: Twilight, highlighting its blend of classic and innovative features that aim to satisfy a broad user base [4]

Core Insights - Gravity Co., Ltd. reported its unaudited financial results for Q2 2025, showing significant growth in revenues driven by new game launches and expansions in various markets [1][2]. Financial Performance - Total revenues for Q2 2025 reached KRW 170,740 million (US$ 126,147 thousand), marking a 24.2% increase QoQ and a 38.9% increase YoY [9]. - Online game revenues were KRW 21,971 million (US$ 16,233 thousand), up 16.8% QoQ and 13.0% YoY, primarily due to the launch of Ragnarok Online America Latina [3]. - Mobile game revenues surged to KRW 144,003 million (US$ 106,393 thousand), reflecting a 24.7% increase QoQ and a 45.4% increase YoY, driven by new titles like Ragnarok M: Classic and Ragnarok X: Next Generation [4]. - Other revenues increased to KRW 4,766 million (US$ 3,521 thousand), a 50.3% increase QoQ and 5.8% increase YoY [5]. Cost and Expenses - Cost of revenue for Q2 2025 was KRW 114,006 million (US$ 84,231 thousand), representing a 30.4% increase QoQ and a 50.0% increase YoY, mainly due to commissions for mobile game services [6]. - Operating expenses rose to KRW 37,064 million (US$ 27,383 thousand), a 46.6% increase QoQ and 15.9% increase YoY, largely due to increased advertising expenses for new game launches [7]. Profitability - Operating profit for Q2 2025 was KRW 19,670 million (US$ 14,533 thousand), down 20.5% QoQ but up 31.2% YoY [9]. - Profit before income tax expense was KRW 18,706 million (US$ 13,821 thousand), a decrease of 34.2% QoQ and 6.7% YoY [9]. - Net profit attributable to the parent company was KRW 13,245 million (US$ 9,786 thousand), down 39.9% QoQ but up 5.4% YoY [10]. Liquidity - As of June 30, 2025, the company had cash and cash equivalents totaling KRW 576,840 million (US$ 426,184 thousand) [11]. Business Updates - Several new games were launched or are scheduled for launch, including Ragnarok: The Promised Adventure in China on October 1, 2025, and Ragnarok M: Classic in North and South America on September 3, 2025 [12][13]. - The company continues to expand its game portfolio with various titles across different regions, indicating a strong growth strategy [12][15].

Core Insights - Gravity Co., Ltd. has launched Ragnarok Crush, a Strategy Action Puzzle RPG Mobile game, globally except for China and Japan on July 17, 2025 [1] - The game utilizes a 3-match puzzle system, allowing players to strategically move and combine puzzles to clear stages [2] - Pre-registration for the game exceeded its target, indicating strong user interest, and the closed beta test received positive feedback [3] Company Overview - Gravity is a developer and publisher of online and mobile games, with its principal product being Ragnarok Online, which is popular in various markets including Japan and Taiwan [4] - The company operates in 91 regions commercially, showcasing its extensive market reach [4] Game Features - Ragnarok Crush combines the Ragnarok IP with puzzle elements, retaining the original job system and growth elements while offering a unique gameplay experience [4] - The game is designed to be casual and accessible for all players, with various regional offline events planned to celebrate its launch [4]

Core Insights - Gravity Co., Ltd. has launched Ragnarok Crush, a Strategy Action Puzzle RPG Mobile game, globally except for China and Japan on July 17, 2025 [1] - The game utilizes a 3-match puzzle system, allowing players to strategically move and combine puzzles to clear stages [2] - Pre-registration for the game exceeded its target, indicating strong user interest, and the closed beta test received positive feedback [3] Company Overview - Gravity is a developer and publisher of online and mobile games, with its principal product being Ragnarok Online, which is popular in various markets including Japan and Taiwan [4] - The company operates in 91 regions, showcasing its extensive market reach [4] Game Features - Ragnarok Crush combines the Ragnarok IP with puzzle elements, retaining the original job system and growth elements while offering a unique gameplay experience [4] - The game is designed to be casual and accessible for all players, with various regional offline events planned to celebrate its launch [4]

Company Overview - GRAVITY Co., Ltd. is a developer and publisher of online and mobile games, known for its principal product, Ragnarok Online, which is popular in various markets including Japan and Taiwan [3]. Product Launch - PT Gravity Game Link, Gravity's subsidiary in Indonesia, has officially launched Dragonica Origin, an MMORPG PC game, in 10 regions of Southeast Asia on July 16, 2025 [1]. - Dragonica Origin features a fantasy world with dragons and magic, dynamic side-scrolling combat, and class-specific comic skills, offering a unique play style [2]. Market Positioning - The company emphasizes that Dragonica Origin combines nostalgic elements of classic online games with exciting side-scrolling action, targeting players looking for a retro-style gaming experience [3].

Core Insights - Gravity Co., Ltd. has officially launched its MMORPG mobile game, Ragnarok: Twilight, in Taiwan, Hong Kong, and Macau on July 3, 2025 [1] - The game combines classic elements from the original Ragnarok Online with new features, including a hero transformation system and exclusive MVP dungeons, enhancing player experience [2][3] - Positive feedback was received during the closed beta test (CBT) held in May, which has increased anticipation among users for the official release [2] Company Overview - Gravity is a developer and publisher of online and mobile games, with its principal product, Ragnarok Online, being popular in various markets, including Japan and Taiwan [3] - The company currently offers its games commercially in 91 regions [3]

Core Points - GRAVITY Co., Ltd. has launched Ragnarok Zero, an MMORPG PC game, in Taiwan, Hong Kong, and Macau on July 3, 2025 [1] - The game is designed to evoke nostalgia from the original Ragnarok Online while introducing new content such as exclusive PVP maps and seasonal events [2][3] - The company aims to meet player expectations and encourages participation in various launch events [3] Company Overview - GRAVITY is a developer and publisher of online and mobile games, with its principal product, Ragnarok Online, being popular in multiple markets including Japan and Taiwan [3] - The company currently offers its games commercially in 91 regions [3]

Core Insights - Gravity Co., Ltd. announced that its MMORPG game "Ragnarok: Promised Adventure" received an ISBN code from the Chinese government, marking a significant step in its launch strategy [1][2] - This game is the second title to receive an ISBN in 2025, following "PROJECT ABYSS" in January, indicating a strong focus on expanding the Ragnarok IP in the Chinese market [2] - The company aims to build on the success of its previous titles, including "Ragnarok: Dawn," which achieved notable success on WeChat, ranking eighth in top grossing Mini Programs [3][4] Company Developments - "Ragnarok: Promised Adventure" is developed in collaboration with Kingnet Network Co., Ltd., a Chinese game developer, showcasing Gravity's strategy to partner with local firms for market penetration [2] - The company has emphasized its commitment to preparing for the launch of "Ragnarok: Promised Adventure" in the Chinese region, seeking support and interest from stakeholders [4] Market Position - Gravity's principal product, Ragnarok Online, remains popular across various markets, including Japan and Taiwan, and is currently offered in 91 regions, highlighting its strong international presence [4]