GRAVITY Co Ltd
For the period ended Apr 12, 2024. Filed Apr 12, 2024.
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Apr 12, 2024 · Filed Apr 12, 2024
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Contents
EX-99.1 · 24. Segment information
- Segment information
(1) Operating segments
The Group determines its operating segments by establishing strategic decisions. Chief operating decision maker (“CODM”) reviews operating profit by each segment in order to make decisions regarding the resources to be allocated to the segment and to evaluate the performance of the segment.
The reportable segments of the Group are in line with the organizational structure and CEO’s review of operations, and include mobile, online, and others.
The Group assesses the performance of its operating segments based on its operating profit or loss, which does not differ from operating profit reported on the consolidated statement of comprehensive income except for inter-segment transactions. The segment information for the years ended December 31, 2023 and 2022 are as follows.
| (In thousands of won) | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| Online · Mobile · Others · Total · Inter-segmenteliminations(*) · Total | |||||||
| Revenue | W | 96,487,574 | 697,735,654 | 21,148,756 | 815,371,984 | ||
| Intersegment Revenue | (15,470,212) | (68,131,570) | (6,254,267) | (89,856,049) | 89,856,049 | - | |
| External Revenue | 81,017,362 | 629,604,084 | 14,894,489 | 725,515,935 | - | 725,515,935 | |
| Depreciation/amortization | 1,436,068 | 2,157,722 | 4,064,056 | 7,657,846 | - | 7,657,846 | |
| Operating profit | 42,727,438 | 120,233,338 | (1,941,734) | 161,019,042 | (13,836) | 161,005,206 | |
(*) The Group reflects inter-segment eliminations as adjustments.
Other profit or loss items that do not constitute operating profit (loss) are not separately disclosed as they are not reviewed by the chief operating decision maker by operating segment.
| (In thousands of won) | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Online · Mobile · Others · Total · Inter-segmenteliminations(*) · Total | |||||||
| Revenue | W | 107,325,802 | 404,363,059 | 21,739,535 | 533,428,396 | ||
| Intersegment Revenue | (18,069,396) | (45,591,515) | (6,149,613) | (69,810,524) | 69,810,524 | - | |
| External Revenue | 89,256,406 | 358,771,544 | 15,589,922 | 463,617,872 | - | 463,617,872 | |
| Depreciation/amortization | 1,348,633 | 1,873,302 | 3,839,523 | 7,061,458 | - | 7,061,458 | |
| Operating profit | 47,450,349 | 57,437,914 | 623,417 | 105,511,680 | (669,884) | 104,841,796 | |
(*) The Group reflects inter-segment eliminations as adjustments.
Other profit or loss items that do not constitute operating profit (loss) are not separately disclosed as they are not reviewed by the chief operating decision maker by operating segment.
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