Seoul, Korea, April  24, 2026  (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NASDAQGM:GRVY) (&#34;Gravity&#34; or the &#34;Company&#34;) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December

GRVY

GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2025

Gravity's Annual Report Shows Revenue Growth but Declining Profits

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Seoul, Korea, April  24, 2026  (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NASDAQGM:GRVY) (&amp;#34;Gravity&amp;#34; or the &amp;#34;Company&amp;#34;) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Gravity (GRVY) has filed its annual report for FY 2025, showcasing an 11.9% revenue growth yet significant declines in operating and net profits. This duality could signal cautious investor sentiment, impacting stock performance in the short term.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>GRVY filed its Form 20-F for FY 2025 on April 24, 2026.</li><li>Revenue for 2025 increased by 11.9% year-over-year to KRW 560,548 million.</li><li>Operating profit fell by 9.4% to KRW 77,396 million in 2025.</li><li>Net profit declined by 20.6% to KRW 67,464 million compared to 2024.</li><li>The company continues to publish popular games like Ragnarok Online.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>GRAVITY Co., Ltd. (GRVY)</strong>: Filed annual report showing growth in revenue but profit declines.</li></ul>
  </section>

  <section data-block="category">
    <h3>Earnings</h3>
    <p>This news falls under &#039;Earnings&#039; as it relates directly to Gravity&#039;s financial performance, impacting potential stock valuation and investor perception.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Decline in operating profit and net profit may negatively affect investor sentiment.</li><li>Sustained revenue growth suggests potential for recovery, depending on future performance.</li><li>Investor reaction to quarterly earnings may lead to increased stock volatility.</li><li>Market may price in future concerns regarding GRVY&#039;s profitability trajectory.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>2025 revenue: KRW 560,548 million, up 11.9% from 2024.</li><li>2025 operating profit: KRW 77,396 million, down 9.4% from 2024.</li><li>2025 net profit: KRW 67,464 million, down 20.6% from 2024.</li><li>Annual report filed on April 24, 2026.</li><li>Main product, Ragnarok Online, available in 91 regions.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider bearish short-term trading positions given declining profit trends.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">Seoul, Korea, April  24, 2026  (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NASDAQGM:<a class="ticker" href="https://www.benzinga.com/quote/GRVY">GRVY</a>) ("Gravity" or the "Company") today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission on April 24, 2026. The annual report can be accessed on the Company's investor relations Web site at <a href="https://www.globenewswire.com/Tracker?data=KDAvaDG1jAUgvM9wU4MkCOzZ1d1PfxZtY5IAARrFcn14ARtMOib8-77T_QSQzCxpOrXb-rraWpNBnvJ83Lx1hl6mlQBs0dq7CDd1dQmpzRAZNUvrZeQTRXc4hm7RwHdA9UOehIuxwuPKLT7t8-q3Rw==" rel="nofollow" target="_blank">https://www.gravity.co.kr/en/ir/notice</a></p>  <p align="justify">The shareholders and ADS holders of Gravity may receive a hard copy of the annual report, which contains its audited consolidated financial statements, free of charge upon request. Requests should be directed to IR Unit, Gravity Co., Ltd., 15F, 396 World Cup buk-ro, Mapo-gu, Seoul 03925, South Korea.</p>  <p align="justify">In the annual report on Form 20-F, the consolidated revenue is KRW 560,548 million, the operating profit is KRW 77,396 million, and the net profit attributable to parent company is KRW 67,464 million for the fiscal year ended December 31, 2025.</p>  <p align="right">(In millions of KRW)</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; "> </td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; "><b>2025</b></td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; "><b>2024</b></td><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; "><b>YoY</b></td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ;  vertical-align: middle; "><b>Revenue</b></td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">560,548</td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">500,845</td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">+11.9%</td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ;  vertical-align: middle; "><b>Operating profit</b></td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">77,396</td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">85,384</td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">-9.4%</td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ;  vertical-align: middle; "><b>Net profit attributable to parent company</b></td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">67,464</td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">84,919</td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: right ;  vertical-align: middle; ">-20.6%</td></tr></table> <p align="justify"><b><br></br></b></p>  <p align="justify"><b>About GRAVITY Co., Ltd.</b> ---------------------------------------------------<br></br>Based in Korea, Gravity is a developer and publisher of online and mobile games. Gravity&#39;s principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 91 regions. For more information about Gravity, please visit <a href="http://www.gravity.co.kr" title="http://www.gravity.co.kr">http://www.gravity.co.kr</a>.</p>  <p align="justify">Contact:<br></br>Mr. Heung Gon Kim<br></br>Chief Financial Officer<br></br>Gravity Co., Ltd.<br></br>Email: <a href="mailto:kheung@gravity.co.kr">kheung@gravity.co.kr</a></p>  <p align="justify">Ms. Jin Lee<br></br>Ms. Jimin Park<br></br>IR Unit<br></br>Gravity Co., Ltd.<br></br>Email: <a href="https://www.globenewswire.com/Tracker?data=D95fKDKCs2Rfl-b2C48LXqsOT1jFgVVq0toNfQi7V-00ZAfyyUp7R820Ner89NjTJdjQfWS7SPvTrchVmXiWSuqnqrU0vZ8tXTPd2xzxWsc=" rel="nofollow" target="_blank">ir@gravity.co.kr</a> <br></br>Telephone: +82-2-2132-7800</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY5NTYwOCM3NTUxODAyIzIyNTY4Mjc="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YjE1ODNmY2MtNDQxYS00YmJmLWJlMWEtM2FhYWIxMGE3YWU2LTEyNjgzNzYtMjAyNi0wNC0yNC1lbg==/tiny/GRAVITY-Co-Ltd-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/5f0b55a1-0490-45c7-9b25-f1668d33d28e"><img src="https://ml.globenewswire.com/media/5f0b55a1-0490-45c7-9b25-f1668d33d28e/small/picture1-jpg.jpg" border="0" width="150" height="35" alt="Primary Logo"></img></a></p>

Gravity (GRVY) has filed its annual report for FY 2025, showcasing an 11.9% revenue growth yet significant declines in operating and net profits. This duality could signal cautious investor sentiment, impacting stock performance in the short term.

GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2025

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Earnings

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