Gravity Co., Ltd. (FRA:GD8A)

Gravity Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	545,574	482,665	710,621	448,028	395,534
Other Revenue	-	-	2,822	6,750	18,404
Revenue	545,574	482,665	713,443	454,778	413,938
Revenue Growth (YoY)	13.03%	-32.35%	56.88%	9.87%	1.97%
Cost of Revenue	364,268	306,903	484,958	267,365	224,173
Gross Profit	181,306	175,762	228,485	187,413	189,765
Selling, General & Admin	96,600	82,626	57,057	66,804	75,631
Research & Development	10,326	15,262	13,486	13,797	16,570
Amortization of Goodwill & Intangibles	1,598	1,747	1,340	1,155	-
Other Operating Expenses	3,713	3,290	2,898	6,678	-573
Operating Expenses	117,250	107,753	79,552	91,411	91,628
Operating Income	64,056	68,009	148,932	96,002	98,137
Interest Expense	-281.81	-135.38	-161.81	-126.83	-115
Interest & Investment Income	60,759	60,179	23,565	13,341	1,383
Currency Exchange Gain (Loss)	-1,997	4,040	-2,999	800.11	1,314
Other Non Operating Income (Expenses)	-29,668	-24,170	878.61	325.99	-
EBT Excluding Unusual Items	92,868	107,922	170,216	110,342	100,719
Gain (Loss) on Sale of Assets	-0.5	1.97	14.08	10.04	-50
Asset Writedown	-1,929	-1,577	-1,531	-470.15	-1,368
Pretax Income	90,939	106,347	168,699	109,882	99,301
Income Tax Expense	23,629	21,445	36,717	26,824	33,421
Earnings From Continuing Operations	67,309	84,902	131,982	83,058	65,880
Minority Interest in Earnings	154.39	17.07	36.99	104.14	67
Net Income	67,464	84,919	132,019	83,162	65,947
Net Income to Common	67,464	84,919	132,019	83,162	65,947
Net Income Growth	-20.55%	-35.68%	58.75%	26.10%	5.17%
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
EPS (Basic)	9708.55	12220.54	18998.55	11967.61	9490.28
EPS (Diluted)	9708.55	12220.54	18998.55	11967.61	9490.00
EPS Growth	-20.55%	-35.68%	58.75%	26.11%	5.18%
Free Cash Flow	75,037	77,941	129,969	97,539	72,436
Free Cash Flow Per Share	10798.37	11216.34	18703.47	14036.65	10424.10
Gross Margin	33.23%	36.41%	32.03%	41.21%	45.84%
Operating Margin	11.74%	14.09%	20.88%	21.11%	23.71%
Profit Margin	12.37%	17.59%	18.50%	18.29%	15.93%
Free Cash Flow Margin	13.75%	16.15%	18.22%	21.45%	17.50%
EBITDA	70,135	72,690	152,474	97,881	99,919
EBITDA Margin	12.86%	15.06%	21.37%	21.52%	24.14%
D&A For EBITDA	6,079	4,681	3,541	1,879	1,782
EBIT	64,056	68,009	148,932	96,002	98,137
EBIT Margin	11.74%	14.09%	20.88%	21.11%	23.71%
Effective Tax Rate	25.98%	20.16%	21.77%	24.41%	33.66%
Revenue as Reported	560,547	500,845	725,516	463,618	413,938
Advertising Expenses	44,738	38,731	13,661	29,898	35,948

Source: S&P Global Market Intelligence. Standard template. Financial Sources.