GRAVITY Co., Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by GRAVITY Co., Ltd., a foreign private issuer based in Seoul, Korea, on April 7, 2017. The filing covers the month of April 2017 and serves to incorporate by reference the Company's audited non-consolidated financial statements for the fiscal years ended December 31, 2016, and December 31, 2015.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached Exhibit 99.1 (KAS-NPE non-consolidated financial statements) but are not explicitly stated in the cover letter text provided.
Material Changes
The filing text does not provide a comparative analysis or specific details regarding material changes in financial performance between the 2016 and 2015 fiscal years. Investors must refer to the attached financial statements for year-over-year comparisons.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, future guidance, outlook, or a discussion of specific risks and contingencies. The document primarily functions as a vehicle to submit the audited financial statements prepared in conformity with Accounting Standards for Non-Public Entities in Korea (KAS-NPE).
Key Facts for Investor Verification
- Verify the specific revenue and net income figures in the attached Exhibit 99.1 for the years ended December 31, 2016, and 2015.
- Confirm the audit opinions issued by Samil PricewaterhouseCoopers (for 2016) and Deloitte Anjin LLC (for 2015).
- Note that the financial statements provided are non-consolidated and expressed in Korean Won.
- Review the full financial statements for details on cash flows, debt levels, and liquidity which are not summarized in this filing text.