Gravity - GRVY STOCK NEWS

Gravity Co., (GRVY) has successfully launched Ragnarok M: Classic, an MMORPG mobile game, in 9 Southeast Asian regions on February 14, 2025. The game has shown strong initial performance, achieving significant rankings across multiple app stores.

The pre-registration phase, which began on November 14, 2024, garnered over 1 million registrations by January 2025. The game achieved notable rankings in both Apple App Store and Google Play:

App Store Rankings:

• Ranked #1 in free downloads in Thailand, Philippines, and Malaysia
• Ranked #2 in Singapore and #3 in Indonesia
• Reached #2 in top grossing in Thailand, #4 in Philippines, and #10 in Indonesia

• Ranked #2 in free downloads in Thailand
• Ranked #5 in Singapore and #9 in Philippines
• Reached #10 in top grossing in Philippines and #11 in Thailand

Gravity Co., (GRVY) reported preliminary Q4 2024 results with consolidated revenue of KRW 130 billion and operating profit of KRW 16 billion. Q4 revenue showed a 1.3% QoQ increase but a 10.7% YoY decrease. For full-year 2024, preliminary unaudited revenue reached KRW 501 billion with operating profit of KRW 85 billion.

The company's Q4 performance was driven by increased revenues from new game launches, including THE RAGNAROK in Southeast Asia, Ragnarok: Rebirth in Taiwan, Hong Kong and Macau, and Ragnarok X: Next Generation in Japan. The company maintained strong liquidity with KRW 553,202 million in cash and cash equivalents.

Notable developments include receiving ISBN codes in China for two Ragnarok IP-based games and multiple game launches across various regions. The company has an extensive pipeline of upcoming Ragnarok titles planned for 2025-2026 launches across global markets.

Gravity Co., (GRVY) has announced the official launch of Ragnarok Begins, an Action Side-scrolling MMORPG Mobile and PC game, in Taiwan, Hong Kong and Macau on February 13, 2025. The game, which supports cross-play between PC and mobile platforms, is set 100 years before Ragnarok Online.

The game features a detailed class advancement system, equipment customization, and community features including guilds, DIY housing, and world boss cooperative battles. Players can participate in PVP content through the Arena of Valhalla and challenge the Tower of Infinity dungeon either solo or in teams.

Previously launched in North America (2022) and South Korea (2023), the game has maintained stable service with a loyal user base. Early registrants will receive in-game currency and an exclusive 'Tebirus Headband' item as part of the pre-launch event.

Gravity (GRVY) has globally released 'KAMiBAKO', a new world craft RPG game, on January 30, 2025, across multiple platforms including Steam, PlayStation 4, PlayStation 5, and Nintendo Switch. The game combines unique elements such as map crafting, puzzles, battles, and RPG mechanics in an open-world setting.

Set in a fragmented world with cubic holes, players take on the role of a restorer, solving puzzles and engaging in activities like farming and building construction. The game features a cube-collection system through monster battles, which enables spirit summoning and special moves. KAMiBAKO supports multiple languages including Korean, English, Japanese, and Chinese, following its pre-release in Japan in August 2024.

Gravity (NASDAQ: GRVY) announced that its mobile MMOARPG game '仙境传说：初心' has received an ISBN code from the Chinese government on January 21, 2025. This marks the first Ragnarok IP title to receive ISBN approval in 2025, following several other successful Ragnarok titles' approvals in 2023 and 2024.

The game, previously introduced as 'Project Abyss' at G-Star 2024, features a seamless open-world map, full 3D environment with weather system, customizable characters with 2D rendering texture, and dynamic combat mechanics. The game received positive feedback at G-Star 2024 for its high-quality graphics, content exploration, and skill combination system.

Gravity Game Hub (GGH), a subsidiary of Gravity Co., (GRVY), has launched pre-registration for Ragnarok Idle Adventure Plus, a new AFK mobile game, across 150+ countries via Apple App Store, Google Play Store, and Huawei App Gallery starting January 15th, 2025.

The game features a 3D Fantasy world with Ragnarok's unique atmosphere and will be available in six languages: English, Chinese (Simplified), Thai, Indonesian, Spanish, and Portuguese. Pre-registration rewards include various in-game items tied to milestone achievements, from 50,000 to 500,000 registrations, offering items such as GP, Moon Keys, AFK Experience boosters, blueprints, and pet eggs.

The mobile RPG aims to provide an accessible MMORPG gaming experience while maintaining the essence of the Ragnarok Online franchise, featuring iconic characters and legendary monsters from the Midgard world.

Gravity (GRVY) announced that its mobile 3D MMORPG game, Ragnarok: Rebirth, received an ISBN code from the Chinese government on December 24, 2024. This marks the third ISBN for Ragnarok IP titles in 2024, following Ragnarok Online in February and Ragnarok Dawn in June.

The game has shown strong performance since its Southeast Asian launch in June 2024, reaching #1 in free downloads on Apple App Store in Thailand, Philippines, Indonesia, and Malaysia. In October 2024, it also topped App Store downloads in Taiwan, Hong Kong, and Macau, while achieving #2 in top-grossing rankings on Apple App Store and #5 on Google Play in Macau after its official launch.

Gravity Game Hub (GGH), a subsidiary of Gravity Co., (GRVY), has announced the Closed Beta Test (CBT) registration for Ragnarok Idle Adventure, a new mobile game based on Ragnarok Online. The CBT will begin on December 19, 2024, at 10:00 GMT+8 and will be available worldwide except for Thailand, Mainland China, Taiwan Region, Hong Kong SAR, Macao SAR, South Korea, and Japan.

The game is a vertical Idle RPG featuring auto-combat systems and easy-to-play mechanics. Key features include seamless idle experience, strategic customization with cards, iconic characters, and extensive fashion customization options. The CBT will allow players to test features and provide feedback, though all progress will be reset before launch.

Gravity has globally launched Tokyo Psychodemic, a 2D cinematic forensic investigation game, on PlayStation®4, PlayStation®5, and Nintendo Switch™ on November 28, excluding Japan. The game features a post-pandemic setting with supernatural elements, offering multiple endings based on players' investigation methods.

The gameplay combines scenario exploration with evidence collection, featuring live 2D animations and interactive evidence analysis. The game supports Korean, English, Japanese, Simplified Chinese, and Traditional Chinese languages, with updated language support on Steam®. The title was previously released in Japan only in May.