In This Article:
Gravity (NASDAQ:GRVY) Third Quarter 2024 Results
Key Financial Results
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Revenue: ₩122.2b (down 31% from 3Q 2023).
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Net income: ₩22.4b (down 23% from 3Q 2023).
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Profit margin: 18% (up from 16% in 3Q 2023). The increase in margin was driven by lower expenses.
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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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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.