Seoul, South Korea , July 03, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Game Vision, Ltd., Gravity's wholly-owned subsidiary, has officially launched Ragnarok: Twilight (Chinese Title: RO仙境傳說：曙光), an MMORPG Mobile game, in Taiwan, Hong Kong and Macau on July 3, 2025. Ragnarok: Twilight provides the classic element of the original Ragnarok Online while introducing unique features like the ...

Seoul, South Korea, July 03, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Communications Co., Ltd., Gravity's wholly-owned subsidiary, has officially launched Ragnarok Zero (Chinese Title: RO仙境傳說Online：樂園), an MMORPG PC game, in Taiwan, Hong Kong and Macau on July 3, 2025. Ragnarok Zero is a game based on the original Ragnarok Online universe, designed to recapture the nostalgic sentiment a ...

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]

Seoul, South Korea, May 21, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Communications Co., Ltd., Gravity's wholly-owned subsidiary, has officially launched Ragnarok Idle Adventure Plus (Chinese Title: RO仙境傳說：放推冒險團) (“Ragnarok Idle Adventure Plus”), an idle MMORPG Mobile game, in Taiwan, Hong Kong and Macau on May 21, 2025. Ragnarok Idle Adventure Plus features for its idle genre character ...

Seoul, South Korea, May 09, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the first quarter ended March 31, 2025, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates. FIRST QUARTER 2025 HIGHLIGHTS Total revenues were KRW 137,464 million (US$ 93,2 ...

Core Viewpoint - Gravity Co., Ltd. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, revealing significant declines in revenue and profits compared to the previous year [1][3]. Financial Performance - The consolidated revenue for the fiscal year 2024 is KRW 500,845 million, a decrease of 31.0% from KRW 725,516 million in 2023 [4]. - The operating profit for 2024 is KRW 85,384 million, down 46.8% from KRW 160,367 million in 2023 [4]. - The net profit attributable to the parent company is KRW 84,919 million, reflecting a decline of 35.7% from KRW 132,019 million in 2023 [4]. 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, and is offered in 91 regions [4].

Seoul, South Korea, April 17, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NASDAQGM:GRVY) ("Gravity" or "Company"), a developer and publisher of online and mobile games, announced the official launch of Ragnarok: Back to Glory, in Korea and Southeast Asia on April 17, 2025. Ragnarok: Back to Glory is a 3D MMORGPG Mobile game that features a globally integrated marketplace, allowing users in Taiwan, Hong Kong, Macau, Korea and Southeast Asia to freely trade in-game items. The game received positive feedback f ...

Core Points - Gravity Co., Ltd. has officially launched its game Ragnarok V: Returns in Thailand, Indonesia, and the Philippines on March 27, 2025, expanding its reach in Southeast Asia [1][3] - The game was initially launched in other Southeast Asian countries in December 2024 and has shown stable service and user engagement since then [2] - During the Closed Beta Test (CBT) in March 2024, the game attracted over 20,000 users on the first day, indicating strong interest and engagement from players [2] Company Overview - Gravity Co., Ltd. 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 has a significant presence, with its games currently offered in 91 regions [3]

Core Insights - Gravity Co., Ltd. has successfully launched its idle MMORPG mobile game, Ragnarok: Dawn, in China on February 20, 2025, following positive feedback from its closed beta test [1][2] - The game achieved notable success by ranking eighth in the top grossing of WeChat Mini Programs shortly after its launch, indicating strong market reception [2] - The company attributes the success of Ragnarok: Dawn to the support of its user base and expresses anticipation for the upcoming mobile app version [3] 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 has successfully launched three previous Ragnarok IP titles that received ISBNs, contributing to the positive momentum for Ragnarok: Dawn [3]