Seoul, South Korea, April 25, 2025 — GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or the “Company”) announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission on April 25, 2025. The annual report is available on the Company’s investor relations website at .

Gravity’s shareholders and ADS holders can obtain a free hard copy of the annual report, including its audited consolidated financial statements, upon request. Requests should be sent to IR Unit, Gravity Co., Ltd., 15F, 396 World Cup buk-ro, Mapo-gu, Seoul 03925, South Korea.

The annual report on Form 20-F shows the consolidated revenue for the fiscal year ended December 31, 2024, as KRW 500,845 million, the operating profit as KRW 85,384 million, and the net profit attributable to the parent company as KRW 84,919 million.

(In millions of KRW)

  2024 2023 YoY
Revenue 500,845 725,516 -31.0%
Operating profit 85,384 160,367 -46.8%
Net profit attributable to parent company 84,919 132,019 -35.7%


About GRAVITY Co., Ltd. —————————————————
Based in Korea, Gravity develops and publishes online and mobile games. Gravity’s main product, Ragnarok Online, is a well-known online game in several markets, including Japan and Taiwan, and is currently available commercially in 91 regions. For more information on Gravity, please visit http://www.gravity.co.kr.

Contact:
Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email: kheung@gravity.co.kr

Ms. Jin Lee
Ms. Yujin Oh

IR Unit
Gravity Co., Ltd.
Email:
Telephone: +82-2-2132-7800

“`