GRVY
GRAVITYGRVY
GRVY
About: GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.
Employees: 437
0
Funds holding %
of 6,814 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3.21% less ownership
Funds ownership: 14.28% [Q2] → 11.07% (-3.21%) [Q3]
17% less funds holding
Funds holding: 53 [Q2] → 44 (-9) [Q3]
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
47% less capital invested
Capital invested by funds: $80.1M [Q2] → $42.1M (-$38M) [Q3]
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Research analyst outlook
We haven’t received any recent analyst ratings for GRVY.
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
Ragnarok: Rebirth Received an ISBN Code by Chinese Government
Seoul, Dec. 30, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok: Rebirth (Chinese Title: 仙境傳說：重生 ), a mobile 3D MMORPG game, received an ISBN code by Chinese government disclosed on December 24, 2024.
Positive
Seeking Alpha
1 month ago
Gravity: An Undervalued Gem With Significant Concentration Risk
Gravity has an exceptionally pristine financial profile and is deeply undervalued. Its business model achieved recent success by pivoting its main title from PC to online, suggesting momentum is likely to continue in the short to medium term. Its concentration risk is significant and should not be ignored by long-term investors.
Neutral
GlobeNewsWire
2 months ago
Gravity Reports Thrid Quarter of 2024 Results and Business Update
Seoul, Nov. 12, 2024 (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 third quarter ended September 30, 2024, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates.
Neutral
GlobeNewsWire
2 months ago
“Ragnarok: Rebirth” Official Launching in Taiwan, Hong Kong and Macau on October 31, 2024
Seoul, South Korea, Oct. 31, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Gravity's wholly-owned subsidiary, Gravity Game Vision Co., Ltd, officially launched the 3D MMORPG mobile game, Ragnarok: Rebirth (Chinese Title: 中仙境傳說：重生), on October 31, 2024 at 9:00 am (HKT) in Taiwan, Hong Kong and Macau.
Neutral
GlobeNewsWire
2 months ago
“The Ragnarok” Official Launching in Southeast Asia on October 31, 2024
Seoul, South Korea, Oct. 31, 2024 (GLOBE NEWSWIRE) -- - GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Gravity's wholly-owned subsidiary, Gravity Game Tech Co.,Ltd, officially launched the 2D MMORPG mobile and PC game, The Ragnarok, in Southeast Asia on October 31, 2024.
Positive
Seeking Alpha
3 months ago
Gravity: Mobile Games, International Expansion, NBA License, And Cheap
Gravity Co., Ltd. stock is undervalued despite ongoing free cash flow and net income growth, driven by new mobile games and strategic partnerships. The company's expansion into new territories and acquisition agreements could significantly increase its international user base and revenue growth. Gravity's financial health is strong, with substantial cash reserves, increasing total assets, and a rising book value per share, indicating potential stock price improvements.
Neutral
GlobeNewsWire
3 months ago
Ragnarok X: Next Generation Official Launching in China on September 13, 2024
Seoul, Sept. 13, 2024 (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 X: Next Generation (Chinese Title: 仙境传说：新启航)' in China on September 13, 2024, at 10 a.m. (CST)
Neutral
GlobeNewsWire
4 months ago
THE RAGNAROK Official Launching in South Korea on September 9, 2024
Seoul, Sept. 09, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd (NASDAQGM: GRVY) (‘Gravity' or ‘Company'), a developer and publisher of online and mobile games, announced the official launch of ‘THE RAGNAROK' in South Korea on September 9, 2024, at 11 a.m.
Negative
Seeking Alpha
4 months ago
Gravity: The Thesis Remains Intact
Gravity is a South Korean video game developer and publisher known for its powerful Ragnarok IP in Asia. Since my last article, Gravity's stock price has fallen by 5%, primarily because of the underwhelming Ragnarok Origin release in mainland China. While the Chinese release was certainly disappointing, the original investment thesis still remains intact.
Neutral
GlobeNewsWire
5 months ago
Gravity Reports Second Quarter of 2024 Results and Business Update
Seoul, South Korea, Aug. 09, 2024 (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 second quarter ended June 30, 2024, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates.
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