Gravity Full Year 2024 Earnings: EPS: ₩12,221 (vs ₩18,999 in FY 2023)

Gravity (NASDAQ:GRVY) Full Year 2024 Results

Key Financial Results

• Revenue: ₩482.7b (down 32% from FY 2023).
• Net income: ₩84.9b (down 36% from FY 2023).
• Profit margin: 18% (in line with FY 2023).
• EPS: ₩12,221 (down from ₩18,999 in FY 2023).

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Mobile segment contributing a total revenue of ₩465.0b (96% of total revenue). Notably, cost of sales worth ₩306.9b amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to ₩44.5b (41% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of ₩16.9b. Explore how GRVY's revenue and expenses shape its earnings.

Gravity shares are down 1.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Gravity's balance sheet health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.