Gravity Past Earnings Performance

Past criteria checks 2/6

Gravity has been growing earnings at an average annual rate of 21.2%, while the Entertainment industry saw earnings growing at 21.9% annually. Revenues have been growing at an average rate of 13.8% per year. Gravity's return on equity is 15.6%, and it has net margins of 16.7%.

Key information

21.2%

Earnings growth rate

21.2%

EPS growth rate

Entertainment Industry Growth18.1%
Revenue growth rate13.8%
Return on equity15.6%
Net Margin16.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Gravity: An Undervalued Gem With Significant Concentration Risk

Nov 18

Gravity: Mobile Games, International Expansion, NBA License, And Cheap

Sep 15

Gravity: The Thesis Remains Intact

Aug 19

Gravity: Ragnarok Online Launch In China Should Provide A Boost

Jun 20

Even With A 30% Surge, Cautious Investors Are Not Rewarding Gravity Co., Ltd.'s (NASDAQ:GRVY) Performance Completely

Jun 08
Even With A 30% Surge, Cautious Investors Are Not Rewarding Gravity Co., Ltd.'s (NASDAQ:GRVY) Performance Completely

Gravity: Amazing Performance, But Reach Is Key

Mar 26

Gravity: Dominated By The Alternatives

Feb 26

Gravity (NASDAQ:GRVY) Might Become A Compounding Machine

Jan 12
Gravity (NASDAQ:GRVY) Might Become A Compounding Machine

Gravity gains as 'Ragnarok Origin' hits more markets

Sep 16

Gravity Game announces launch of Ragnarok Labyrinth NFT Global Launch

Sep 09

Gravity Is Cheap But Ragnarok Online Is Getting Old

Aug 25

Gravity Suffers With Mobile Pullback

Jun 16

Shareholders Would Enjoy A Repeat Of Gravity's (NASDAQ:GRVY) Recent Growth In Returns

May 11
Shareholders Would Enjoy A Repeat Of Gravity's (NASDAQ:GRVY) Recent Growth In Returns

Gravity: Cheap Beyond Rational

Jan 28

Why The 49% Return On Capital At Gravity (NASDAQ:GRVY) Should Have Your Attention

Oct 20
Why The 49% Return On Capital At Gravity (NASDAQ:GRVY) Should Have Your Attention

Why We Like The Returns At Gravity (NASDAQ:GRVY)

Apr 14
Why We Like The Returns At Gravity (NASDAQ:GRVY)

What Type Of Shareholders Make Up Gravity Co., Ltd.'s (NASDAQ:GRVY) Share Registry?

Mar 08
What Type Of Shareholders Make Up Gravity Co., Ltd.'s (NASDAQ:GRVY) Share Registry?

Is Gravity Co., Ltd.'s(NASDAQ:GRVY) Recent Stock Performance Tethered To Its Strong Fundamentals?

Feb 10
Is Gravity Co., Ltd.'s(NASDAQ:GRVY) Recent Stock Performance Tethered To Its Strong Fundamentals?

Should You Be Excited About Gravity's (NASDAQ:GRVY) Returns On Capital?

Jan 14
Should You Be Excited About Gravity's (NASDAQ:GRVY) Returns On Capital?

What Kind Of Shareholders Own Gravity Co., Ltd. (NASDAQ:GRVY)?

Dec 07
What Kind Of Shareholders Own Gravity Co., Ltd. (NASDAQ:GRVY)?

More GRVY Please: Finding Value In Gravity, A Korean Gaming Company

Nov 30

Gravity: Predictable Gaming Cash Flow, Cheap Valuations

Nov 25

Gravity reports Q3 results

Nov 13

Revenue & Expenses Breakdown

How Gravity makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:GRVY Revenue, expenses and earnings (KRW Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24500,51583,39573,66315,342
30 Jun 24551,11889,97270,52715,599
31 Mar 24668,366122,41957,44814,165
31 Dec 23713,443132,01954,97213,486
30 Sep 23756,101143,63366,63113,602
30 Jun 23682,333130,74867,06513,383
31 Mar 23539,958103,19773,24313,487
31 Dec 22454,77883,16266,80413,797
30 Sep 22384,10151,23777,11514,204
30 Jun 22410,39461,51277,58214,602
31 Mar 22397,48658,81370,38915,793
31 Dec 21413,93865,94775,63116,570
30 Sep 21429,78079,74661,30016,657
30 Jun 21432,90578,67661,25117,064
31 Mar 21437,75277,00564,88016,171
31 Dec 20405,95362,70362,40015,034
30 Sep 20365,16447,94258,53613,521
30 Jun 20310,93531,61349,47811,320
31 Mar 20300,60429,37937,56810,498
31 Dec 19360,96739,87635,3679,503
30 Sep 19402,54854,54027,3039,300
30 Jun 19369,18351,90023,9218,711
31 Mar 19354,08247,65427,6588,021
31 Dec 18286,77031,44332,5398,018
30 Sep 18241,05821,37438,1727,504
30 Jun 18220,58017,75837,5137,180
31 Mar 18184,58214,69834,6206,479
31 Dec 17141,62313,31928,0125,239
30 Sep 1791,6028,89022,0802,921
30 Jun 1783,6259,28122,1212,381
31 Mar 1765,6544,12118,8282,199
31 Dec 1651,39665715,9771,973
30 Sep 1642,600-9,33313,9502,456
30 Jun 1635,525-14,88011,8663,209
31 Mar 1635,685-16,03811,6754,162
31 Dec 1535,660-16,96511,4815,277
30 Sep 1531,762-18,8469,3766,115
30 Jun 1532,636-19,4219,8446,156
31 Mar 1533,667-19,6899,9215,669
31 Dec 1439,889-20,90712,6824,847
30 Sep 1435,607-21,94012,6584,700
30 Jun 1438,869-20,70913,1604,560
31 Mar 1441,409-19,29514,5815,643
31 Dec 1347,685-18,58817,0636,131

Quality Earnings: GRVY has high quality earnings.

Growing Profit Margin: GRVY's current net profit margins (16.7%) are lower than last year (19%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GRVY's earnings have grown significantly by 21.2% per year over the past 5 years.

Accelerating Growth: GRVY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GRVY had negative earnings growth (-41.9%) over the past year, making it difficult to compare to the Entertainment industry average (-13.9%).


Return on Equity

High ROE: GRVY's Return on Equity (15.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Gravity Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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