Business Context and Reporting Period
This Form 6-K filing by GRAVITY Co., Ltd. covers the month of April 2010, with the report signed on April 8, 2010. Gravity is a Korean developer and publisher of online games, best known for its principal product, Ragnarok Online, which is commercially offered in 58 markets including Japan, Taiwan, and Thailand.
Key Financial Metrics
The filing references audited non-consolidated financial statements for the years ended December 31, 2009, and 2008, prepared in accordance with Korean GAAP (K-GAAP). These statements include data on financial position, income, retained earnings, equity changes, and cash flows.
Note: 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 (audited financial statements) and are not explicitly listed in the body of this report.
Material Changes
The filing text does not explicitly detail material changes in financial performance or operations compared to the prior comparable period. It serves primarily as a vehicle to incorporate the audited financial statements by reference.
Guidance, Outlook, and Risks
The document includes a standard "Forward-Looking Statements" disclaimer. It warns that statements regarding future expectations, estimates, or projections are subject to risks and uncertainties. The company explicitly states it assumes no duty to update these forward-looking statements to reflect new events or circumstances.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific audited financial figures (revenue, net income, cash flow) for the years ended December 31, 2009, and 2008.
- Verify the scope of the audit conducted by Samil PricewaterhouseCoopers, which covers non-consolidated statements only.
- Confirm the current status of the 58 markets where Ragnarok Online is offered, as market expansion or contraction is a key driver for the company.
- Check subsequent filings for updates on forward-looking statements, as the company disclaims any obligation to update them in this document.