Gravity Co., Ltd. (GRVY)

Gravity Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	200,677	184,082	169,877	99,105	110,632	79,428
Short-Term Investments	319,200	281,654	170,370	148,598	71,818	39,733
Cash & Short-Term Investments	519,877	465,736	340,247	247,703	182,450	119,161
Cash Growth	16.05%	36.88%	37.36%	35.76%	53.11%	24.71%
Accounts Receivable	66,385	71,213	77,257	52,615	59,761	32,253
Other Receivables	473	3,638	139.79	1,080	8.33	56.18
Receivables	66,858	74,850	77,397	53,695	59,770	32,310
Prepaid Expenses	4,894	1,437	1,610	2,303	960.83	963.96
Other Current Assets	3,921	4,876	2,513	2,434	3,405	3,429
Total Current Assets	595,550	546,899	421,767	306,135	246,586	155,863
Property, Plant & Equipment	7,230	10,151	8,140	11,338	7,695	6,663
Long-Term Investments	1,624	1,824	2,176	3,019	1,324	1,770
Other Intangible Assets	5,827	6,370	3,869	3,342	3,363	1,717
Long-Term Deferred Tax Assets	5,542	5,952	5,660	1,719	3,590	7,667
Other Long-Term Assets	8,562	6,985	2,482	1,973	2,815	1,745
Total Assets	624,335	578,181	444,094	327,526	265,372	175,425
Accounts Payable	49,951	61,778	73,549	41,199	52,688	37,496
Accrued Expenses	2,945	2,313	2,040	1,484	1,365	1,175
Current Portion of Leases	2,777	4,225	2,906	3,607	2,653	1,986
Current Income Taxes Payable	5,873	16,927	5,469	10,629	9,470	2,618
Current Unearned Revenue	17,902	18,092	18,543	13,481	13,692	10,748
Other Current Liabilities	3,595	3,098	3,202	3,597	2,853	1,765
Total Current Liabilities	83,043	106,433	105,710	73,997	82,720	55,787
Long-Term Leases	-	2,337	3,057	5,123	3,247	3,009
Long-Term Unearned Revenue	2,652	1,785	30.24	98	101.02	98.23
Long-Term Deferred Tax Liabilities	2,383	2,382	2,832	-	-	4.72
Other Long-Term Liabilities	3,230	1,467	2,285	1,467	1,956	760.63
Total Liabilities	91,308	114,453	113,914	80,685	88,024	59,659
Common Stock	3,474	3,474	3,474	3,474	3,474	3,474
Additional Paid-In Capital	26,979	27,098	27,098	27,098	27,110	27,128
Retained Earnings	490,318	428,499	296,480	213,318	147,371	84,668
Comprehensive Income & Other	11,606	4,017	2,476	2,180	-1,045	274.54
Total Common Equity	532,377	463,088	329,528	246,070	176,911	115,545
Minority Interest	650	640.13	651.9	771	437.14	221.35
Shareholders' Equity	533,027	463,728	330,180	246,841	177,348	115,766
Total Liabilities & Equity	624,335	578,181	444,094	327,526	265,372	175,425
Total Debt	2,777	6,562	5,963	8,730	5,900	4,994
Net Cash (Debt)	517,100	459,173	334,284	238,973	176,550	114,166
Net Cash Growth	16.53%	37.36%	39.88%	35.36%	54.64%	19.48%
Net Cash Per Share	74414.66	66078.54	48106.07	34390.05	25406.91	16429.43
Filing Date Shares Outstanding	6.95	6.95	6.95	6.95	6.95	6.95
Total Common Shares Outstanding	6.95	6.95	6.95	6.95	6.95	6.95
Working Capital	512,507	440,466	316,057	232,138	163,865	100,076
Book Value Per Share	76613.13	66641.89	47421.59	35411.36	25458.83	16627.77
Tangible Book Value	526,550	456,718	325,658	242,728	173,548	113,828
Tangible Book Value Per Share	75774.58	65725.20	46864.75	34930.42	24974.89	16380.68
Machinery	-	9,082	8,177	8,456	8,121	7,656
Construction In Progress	-	1,209	-	-	128.16	-
Leasehold Improvements	-	2,172	2,084	1,935	1,160	1,291

Source: S&P Capital IQ. Standard template. Financial Sources.