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GRVY · Nasdaq · United States · Services-Computer Processing & Data Preparation
In shortGRAVITY Co., Ltd. is profitable.
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 17.0% | 73/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 17.0% | 88/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 16.5% | 82/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 6.02× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 8.60× | 68/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 13.53 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 15.6% | 82/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.92× | 77/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 31.3% | 0/100 |
| Operating margin volatility | 2.5% | 86/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 6.6% | 53/100 |
|---|---|---|
| EPS growth, 3-year average | 8.8% | 69/100 |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
KRW millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 405,953 | 413,938 | 463,618 | 725,516 | 500,845 |
| Cost of revenue | 239,045 | 224,173 | 267,365 | 484,958 | 306,903 |
| Gross profit | 166,908 | 189,765 | 196,253 | 240,558 | 193,942 |
| Research & development | 15,034 | 16,570 | 13,797 | 13,486 | 15,262 |
| Selling, general & admin | 62,400 | 75,631 | 77,614 | 66,066 | 92,491 |
| Operating income | 88,368 | 96,719 | 104,708 | 160,367 | 85,384 |
| Interest expense | 3,833 | 2,686 | 10,779 | 14,935 | 9,926 |
| Pre-tax income | 88,011 | 99,301 | 109,882 | 168,699 | 106,347 |
| Income tax | 25,455 | 33,421 | 26,824 | 36,717 | 21,445 |
| Net income | 62,703 | 65,947 | 83,162 | 132,019 | 84,919 |
| Diluted EPS | KRW9,023.00 | KRW9,490.00 | KRW11,968.00 | KRW18,999.00 | KRW12,221.00 |
| Diluted shares (millions) | 0 | 0 | 0 | 0 | 0 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
13.53 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 25, 2025