Mobile revenue roundup - Week 23, 2025
Gravity (GRVY) continues to outperform, whilst 7Road new mobile game release is shaping up like a major catalyst.
Hi folks - for this past week and the next week, I won’t be able to write up a full commentary. I’ll just drop the dashboard and a few notes on both #1 US and Worldwide.
Public companies Dashboard - Highlights
Reminder: The “Est. Rev Delta“ % is an increase/decrease from last week’s estimated mobile revenue versus the average of the past 7 weeks of mobile revenue.
Quick fire notes
US-traded
Gravity Interactive (GRVY) is #1 for.. 7 week in a row? It’s only 26% but still is impressive. We calculate the increase vs last 7 weeks, so it performs against its own growth. This is the best performing we’ve seen them over time since Ragnarok Origin SEA in 2023.
We covered GRVY extensively both on weekly reviesw and dedicated articles - so you know what’s up, and if you don’t - have a look here.
Worldwide Markets
7Road (0797.HK) is #1 again with an impressive +356%. It’s Chinese online game developer and publisher, best known for titles like DDTank and Wartune. 2 weeks ago, they released 龍之谷：經典再現 (“Dragon Nest: Classic Reappearance” says Google translate) in Taiwan and Hong Kong where the game hit the top 5-10 grossing.
This is shaping like a catalyst - and should it continue for a few more weeks, we will be looking into their financials and past few half year reports, especially seeing how their stock was mangled in the past years.
Could this be their reversal moment? For that, a lot of answers need to be found. Is the game developed in-house or is there revenue sharing? How’s the other gaming units doing (not mobile)? What % of their revenue and profit is from mobile gaming today? Is there balance sheet strong, or are they capped by a debt spiral? etc etc.
At the very least - it’s a significant improvement on the mobile front, and a first in a long time.
We’ll leave it at that for this week - Thanks.