General Information (Tables)

12 Months Ended

Dec. 31, 2022

General Information [Abstract]

Schedule of Major Shareholders and their Respective Percentage of Ownership

The Parent Company’s major shareholders and their respective percentage of ownership as of December 31, 2022 are as follows:

	Number of shares	Ownership (%)
GungHo Online Entertainment, Inc.	4,121,737	59.31
Others	2,827,163	40.69
	6,948,900	100.00

Schedule of Consolidated Subsidiaries

Details of the consolidated subsidiaries as of December 31, 2022 and 2021 are as follows:

		Percentage of ownership (%)
Subsidiary	Location	2022	2021	Fiscal year end	Main business
Gravity Interactive, Inc.	U.S.A.	100.00	100.00	December	Online and mobile game services
Gravity NeoCyon, Inc.	Korea	99.53	99.53	December	Mobile game development and service
Gravity Communications Co.,Ltd.	Taiwan	100.00	100.00	December	Online and mobile game services
PT. Gravity Game Link	Indonesia	70.00	70.00	December	Online and mobile game services
Gravity Game Tech Co.,Ltd.	Thailand	100.00	100.00	December	Online and mobile game services
Gravity Game Arise Co., Ltd.	Japan	100.00	100.00	December	Online and mobile game services
Gravity Game Hub PTE., Ltd.	Singapore	100.00	100.00	December	Online and mobile game services
Gravity Game Vision Limited.(*)	Hong Kong	100.00	—	December	Online and mobile game services

(*) Gravity Game Vision Limited. was established during the year ended December 31, 2022 with 100% ownership interest held by the Parent Company.

Schedule of Consolidated Financial Information Subsidiaries

Details of the condensed financial information of subsidiaries as of and for the year ended December 31, 2022 and 2021 are as follows:

	2022
Subsidiaries	Total assets(*1)		Total liabilities(*1)		Revenue(*1)		Profit(loss) For the year(*1)
	(In millions of Korean won)
Gravity Interactive, Inc.	₩	32,143	₩	23,617	₩	62,745	₩	(2,448)
Gravity NeoCyon, Inc.	15,587		8,353		24,639		1,710
Gravity Communications Co., Ltd.	39,438		11,161		50,611		14,186
PT Gravity Game Link	3,268		1,090		3,372		(374)
Gravity Game Tech Co., Ltd.	40,204		9,740		34,990		9,975
Gravity Game Arise Co., Ltd.	3,067		988		3,452		(505)
Gravity Game Hub PTE., Ltd.	4,846		2,726		4,352		(3,081)
Gravity Game Vision Limited(*2)	63,608		46,146		116,550		17,090

(*1) Amount before eliminating the intercompany transactions.

(*2) Gravity Game Vision Limited was established during 2022 and has been included as a subsidiary since then.

	2021
Subsidiaries	Total assets(*)		Total liabilities(*)		Revenue(*)		Profit(loss) For the year(*)
	(In millions of Korean won)
Gravity Interactive, Inc.	₩	26,385	₩	16,163	₩	79,242	₩	988
Gravity NeoCyon, Inc.	14,903		9,378		25,443		(111)
Gravity Communications Co., Ltd.	33,121		9,236		33,342		9,096
PT Gravity Game Link	2,916		318		2,462		(221)
Gravity Game Tech Co., Ltd.	25,591		5,666		28,346		5,496
Gravity Game Arise Co., Ltd.	3,912		2,167		3,258		159
Gravity Game Hub PTE., Ltd.	2,538		722		117		(1,110)

(*) Amount before eliminating the intercompany transactions.