Business Context and Reporting Period
Company: GRAVITY Co., Ltd.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: April 2008 (Filing Date: April 3, 2008)
Business Overview: Gravity is a Korean developer and publisher of online games. Its principal product, Ragnarok Online, is commercially offered in 47 countries including Japan, Taiwan, and Thailand.
Key Financial Metrics
This filing serves as a cover document incorporating audited non-consolidated financial statements (Exhibit 99.1) for the years ended December 31, 2007, and 2006. The text of this specific Form 6-K 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 prepared in accordance with K-GAAP.
Material Changes
The filing text does not explicitly detail material changes in financial performance versus prior periods. It references the inclusion of audited statements for 2007 and 2006, implying a comparison is available in the attached exhibit, but no specific variance analysis is provided in the body of this report.
Guidance, Outlook, and Risks
- Forward-Looking Statements: The filing includes a standard disclaimer regarding forward-looking statements (using terms like "may," "will," "expect"). The company assumes no duty to update these statements to reflect new events.
- Auditor: Samil PricewaterhouseCoopers conducted the audit and expressed an opinion on the non-consolidated financial statements.
- Risks: No specific operational or financial risks are detailed in the text of this filing beyond the standard safe-harbor provisions.
Investor Verification Checklist
- Review Exhibit 99.1 for the actual audited non-consolidated financial statements (balance sheets, operations, cash flows) for 2007 and 2006, as the text of this filing contains no numerical data.
- Verify the currency of the financial statements is Korean Won and prepared under K-GAAP.
- Confirm the scope of the audit covers non-consolidated statements only, as noted in the auditor's opinion.
- Check subsequent filings for updates on the commercial performance of Ragnarok Online in its 47 active markets.