How did Gravity's revenue and expenses trend in Q4 2024 compared to previous quarters?

Gravity's revenue and expenses in Q4 2024 showed a notable increase in expenses and a slight decrease in revenue compared to the previous quarter, Q3 2024.

1. **Expenses Trend**: The total expenses for Gravity increased from $88.92 million in Q3 2024 to $89.33 million in Q4 2024, representing a slight rise of approximately $0.41 million. This indicates a continued upward trend in expenses.
2. **Revenue Trend**: The total revenue for Gravity decreased from $97.63 million in Q3 2024 to $87.78 million in Q4 2024, representing a decline of approximately $9.85 million. This decrease in revenue is significant compared to the increase in expenses.
3. **Comparison with Earlier Quarters**: It's important to note that both the revenue and expense figures for Q4 2024 are higher than those of the preceding quarters. For instance, the revenue in Q1 2024 was $60.77 million, which is significantly lower than the $87.78 million recorded in Q4 2024.

|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|GRVY|GRVY.O|Gravity|2024 Q1|8.891794065E7||185|
|GRVY|GRVY.O|Gravity|2024 Q2|8.932937715E7||185|
|GRVY|GRVY.O|Gravity|2024 Q3|9.762866424E7||185|
|GRVY|GRVY.O|Gravity|2024 Q4|8.7777149148E7||185|