Gravity announced its Q3 earnings on the 7th. The company recorded 138.9 billion won in revenue and 21.3 billion won in operating profit. While revenue increased by 8.2% compared to the same period last year, operating profit decreased by 22.8%.

In Q3, Gravity's operating expenses increased by 18.5% year-on-year, with SG&A expenses—which include payroll and marketing costs—rising by 31.2%.

During the quarter, Gravity released several mobile games based on the Ragnarok IP in domestic and global markets, while continuing to provide updates for existing Ragnarok IP titles.

The company plans to introduce various games in Q4 and next year. First, 'Ragnarok: Twilight' was launched in Southeast Asia (excluding Vietnam) on October 23rd. Additionally, 'Ragnarok Landverse Genesis America' will be released in North and South America on December 11th, and 'Ragnarok: Back to Glory' is scheduled for release in China in Q4.

In the first quarter of next year, 'Ragnarok: The New World' will be released in Taiwan, Hong Kong, and Macau, and the new battle royale title 'Ragnarok Endless Trails (working title)' will be launched in Southeast Asia. In the first half of the year, 'Ragnarok Abyss' will be released in Southeast Asia, and 'Ragnarok X: Next Generation' will be launched in parts of Europe, the Middle East, and North Africa. 'Ragnarok 3' is being prepared for a global launch next year, having received its Chinese publishing license on October 21st.

Titles utilizing new IPs are also being released. The strategy card battle game 'Chess Rumble' was launched globally, excluding Korea and Japan, on October 15th. 'Cat Farm Tycoon' had a soft launch in Canada, Australia, the Philippines, and Malaysia on October 28th.

For PC and console, 'THE GOOD OLD DAYS: Nugi's Adventure' was released globally on Steam and Nintendo Switch on October 23rd, and the baking management action RPG 'Aeruta' was released on Steam on November 6th. Following this, 'the Game of LIFE for Nintendo Switch' will be released in Asia (excluding Japan) on December 18th, and 'Hashire Hebereke: EX' will be introduced globally in the first half of next year.

Further details can be found on Gravity's official website.