Gravity (NASDAQ:GRVY) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩122.2b (down 31% from 3Q 2023).
• Net income: ₩22.4b (down 23% from 3Q 2023).
• Profit margin: 18% (up from 16% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: ₩3,221 (down from ₩4,168 in 3Q 2023).

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

Gravity's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Gravity's balance sheet.

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