- Entry
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- $70.79
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GRVY’s market cap is approximately $480 million from premarket trading. Its most recent cash balance is approximately $460 million at current KRW/USD exchange rate. The company also generated roughly $35 million of net profit in the first half of 2026!!! So after adjusting for cash, the profitable operating business is being valued at almost nothing. Why so cheap? Because Gravity was a notorious cash hoarder. It accumulated cash for years without dividends, buybacks or a credible capital-deployment strategy. Investors reasonably …
— ORIGINAL POST ·
GRVY has nearly its entire market cap in cash, and management finally started using it
· r/ValueInvesting
· Aug 7, 2026