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GRAVITY CO., LTD. 2013 Fiscal Year Report

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#76 UnknownBeing


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Posted 14 May 2014 - 02:49 PM

Very unfortunate people remain optimistic about the game without realizing gravity will be running low on cash in a couple years.

Edited by UnknownBeing, 14 May 2014 - 02:50 PM.

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#77 Maka


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Posted 16 May 2014 - 04:54 AM

RO should have got a visual update about 7 years ago.

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#78 UnknownBeing


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Posted 22 May 2014 - 06:35 AM

1st quarter results:

**info may not be accurate. Just did a quick skimp. EDITED FOR MORE ACCURACY

-loss of $2.7 million
-begins to pay back money to china; doesn't specify what methods of repayment(relating to termination of license agreement for RO2)
-revenue still decreasing (YoY)
-reduced research and development operating cost by at least half (expected)
-increase on mobile revenue
-increase on merchandise revenue
-$44 million cash related assets total
-liquidated short term financial instrument ($4 million) into cash which brings their current cash on hand at $31 million
-revenue generally lower for NA operation

They are taking steps to stop or lower cash bleeding.

The stock price didn't change so gonna guess they already price in everything. They still have a few years left before going into cash issues.

Edited by UnknownBeing, 22 May 2014 - 07:02 PM.

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#79 ZeroTigress


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Posted 22 May 2014 - 07:18 AM

Something of interest from the RO2 section: http://forums.warppo...s-this-the-end/

Gravity tried to get cRO and pRO to open their own RO2 servers, but they refused due to how badly the game is shaping up here and seaRO2 (Southeast Asia). Likely China and Philippines foresaw themselves publishing a game that would get little to no players and would rather not publish it at all. Someone posted a government report that supports this, but the RO2 CMs quickly deleted that. Seems Gravity is still going to try to get other countries to publish RO2, but it's unsure how many more will refuse.
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#80 UnknownBeing


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Posted 22 May 2014 - 07:42 AM

Yeah a CM made a fool of themselves by stating something like "guaranteed not to find that information anywhere".

Leaving a particular thread open and calling the statement false is a grave mistake on their part. It's a malicious attempt to botch and twist the facts by hiding the thread with the evidence.

I've never seen anything like this. Amazing haha.
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