Gravity Co ADR

The Gravity Co share gained in premarket trading after the game developer reported a consolidated net profit of 24,341 million KRW in Q2 2026 (+83.8% y/y) and an operating profit of 27,582 million KRW (+40.2% y/y). The driver was the online games segment, whose revenues rose 35.0% y/y and 14.5% q/q, supported by strong user activity for Ragnarok Online in Thailand and Latin America. Total revenues were about USD 104.5 million (q/q largely stable), and cash and short-term financial instruments amounted to roughly USD 419 million. The company also plans new Ragnarok titles, including a worldwide launch of Ragnarok Zero, and a joint venture in Indonesia. » Mere på de.investing.com

Gravity will close the share register from 1 to 10 July 2026 to determine shareholders entitled to the 2026 interim dividend. The record date for dividend eligibility is 30 June 2026. The amount of the interim dividend and further details will be decided by the board of directors. » Mere på de.investing.com

At the annual general meeting in Seoul, Gravity shareholders approved the consolidated and separate financial statements for 2025 and 2024, reappointed ten board members and elected Yeong Ah Park as a new independent member. Total board remuneration for 2026 was set at 4,000,000,000 KRW. The board confirmed Yoshinori Kitamura as chairman and appointed him, alongside Hyun Chul Park, as co-chief executive officer; Kitamura relinquished the roles of COO and chief compliance officer. Gravity said it will file the audited statements under Korean IFRS with the Korean Financial Supervisory Service by April 10, 2026, and submit an English translation to the SEC. » Mere på de.investing.com