| Schedule of Consolidated Subsidiaries |
Details of the consolidated subsidiaries as of December 31, 2024 and 2023 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Percentage of
ownership (%) | | | | | | Subsidiary | | Location | | 2024 | | 2023 | | 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 | | 100.00 | | | 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 | | | 100.00 | | | December | | Online and mobile game services |
(*) The Parent Company acquired an additional 0.47% ownership of Gravity NeoCyon, Inc. during the year ended December 31, 2024.
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| Schedule of Consolidated Financial Information Subsidiaries |
Details of the condensed financial information of subsidiaries as of and for the year ended December 31, 2024 and 2023 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2024 | | Subsidiaries | | Total
assets(*) | | Total
liabilities(*) | | Revenue(*) | | Profit(loss)
For the
year(*) | | | (In millions of Korean won) | | Gravity Interactive, Inc. | | ₩ | 28,078 | | | ₩ | 16,855 | | | ₩ | 39,938 | | | ₩ | 74 | | | Gravity NeoCyon, Inc. | | 15,000 | | | 4,281 | | | 20,316 | | | 1,771 | | | Gravity Communications Co., Ltd. | | 27,121 | | | 6,687 | | | 35,189 | | | 1,754 | | | PT Gravity Game Link | | 2,693 | | | 367 | | | 1,476 | | | (51) | | | Gravity Game Tech Co., Ltd. | | 72,123 | | | 23,780 | | | 48,771 | | | 6,860 | | | Gravity Game Arise Co., Ltd. | | 7,712 | | | 1,192 | | | 5,574 | | | (6,237) | | | Gravity Game Hub PTE., Ltd. | | 68,728 | | | 13,684 | | | 89,257 | | | 13,815 | | | Gravity Game Vision Limited | | 72,468 | | | 26,756 | | | 160,067 | | | 21,946 | |
(*) Amount before eliminating the intercompany transactions.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2023 | | Subsidiaries | | Total
assets(*) | | Total
liabilities(*) | | Revenue(*) | | Profit(loss)
For the
year(*) | | | (In millions of Korean won) | | Gravity Interactive, Inc. | | ₩ | 23,445 | | | ₩ | 13,671 | | | ₩ | 49,818 | | | ₩ | 1,113 | | | Gravity NeoCyon, Inc. | | 11,747 | | | 5,784 | | | 19,408 | | | (1,270) | | | Gravity Communications Co., Ltd. | | 35,754 | | | 9,227 | | | 33,122 | | | 10,116 | | | PT Gravity Game Link | | 2,461 | | | 303 | | | 2,234 | | | (103) | | | Gravity Game Tech Co., Ltd. | | 50,672 | | | 8,081 | | | 30,604 | | | 11,308 | | | Gravity Game Arise Co., Ltd. | | 7,058 | | | 1,683 | | | 3,807 | | | (5,393) | | | Gravity Game Hub PTE., Ltd. | | 74,229 | | | 37,718 | | | 287,950 | | | 34,160 | | | Gravity Game Vision Limited | | 51,811 | | | 10,753 | | | 145,653 | | | 23,547 | |
(*) Amounts before eliminating the intercompany transactions.
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