GRAVITY Co Ltd (Gravity), a subsidiary of GungHo Online Entertainment Inc, carries out developing and publishing online games and mobile games. The company provides character based merchandise and animation. It also offers system development and maintenance services and system integration services. The company provides online games and online game developed by a third party through its license agreements. The game offerings of the company include Ragnarok Online, Ragnarok Prequel, Ragnarok Clicker, Dragonica (Dragon Saga). In addition, the company also provides licensing services and website development and operation services. The company operates in Europe, Asia, Oceania, North America and South America. Gravity is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
15f, Nurikkum Square Business Tower, 1605, Sangam-Dong, Mapo-Gu, Seoul, 03925
Website
www.gravity.co.kr
Telephone
82 2 21327000
No of Employees
400
Industry
Technology and Communications
Ticker Symbol & Exchange
GRVY (NASD)
Revenue (2021)
$359.1M
12%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
26.1%
(2021 vs 2020)
Market Cap*
$465.3M
Net Profit Margin (2021)
XYZ
12.6%
(2021 vs 2020)
* As of and is in US$
GRAVITY Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Massively Multiplayer Online Role Playing Games (MMORPGs): | Website Development and Operation |
| Ragnarok Online | Licensing and Publishing |
| Ragnarok Online II | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Ownership Changes | In February, the company was acquired by Virtua Consulting, a provider of Apple technology consulting and training services. |
| 2021 | New Products/Services | In November, The company announced for Ragnarok Origin official launched in the United States and Canada. |
| 2021 | New Products/Services | In November, The company launched NBA RISE TO STARDOM, a Sports mobile game, in Japan. |
Competitor Comparison
| Key Parameters | GRAVITY Co Ltd | Nintendo Co Ltd | Activision Blizzard Inc | Electronic Arts Inc | Nexon Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | Japan | United States of America | United States of America | Japan |
| City | Seoul | Kyoto-Shi | Santa Monica | Redwood City | Minato-Ku |
| State/Province | - | Kyoto | California | California | Tokyo |
| No. of Employees | 400 | 7,317 | 13,000 | 13,400 | 8,231 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yoshinori Kitamura | Chief Operating Officer; Chairman | Executive Board | 2011 | 54 |
| Hyun Chul Park | Chief Executive Officer; Director | Executive Board | 2011 | 51 |
| Kazuya Sakai | Director | Executive Board | 2009 | 58 |
| Kazuki Morishita | Director | Executive Board | 2008 | 49 |
| Heung Gon Kim | Chief Financial Officer | Senior Management | 2011 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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