From version < 1.3 >
edited by Thomas Niel
on 2021/11/27 14:25
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24 24  
25 25  === Income Statement ===
26 26  
27 -In the trailing twelve months (TTM), GameStop has generated $5.59 billion in revenue{{footnote}}https://seekingalpha.com/symbol/GME/income-statement{{/footnote}}. Compared to sales for fiscal 2021 (ending January 2021), the company is showing slight improvement, thanks to end of 2020's Covid-19 lockdown orders. However, sales remain down substantially from levels posted in prior fiscal years. This is more a product of the terminal decline of its bricks-and-mortar business than it is a product of the pandemic.
28 28  
29 -With its decline in sales over the past few years, the company has posted negative EBITDA. In fiscal 2021, GameStop had negative EBITDA of $168.6 million. This EBITDA loss has started to narrow, as seen from TTM EBITDA figures (negative $72.2 million).
30 30  
31 -As the company is posting negative operating margins, net losses remain high as well. In the past twelve months, GameStop has reported negative net income of $66.9 million, or 99 cents per share. For Fiscal 2022 (ending January 2022), sell-side analyst project negative earnings per share (EPS) of 64 cents{{footnote}}https://finance.yahoo.com/quote/GME/analysis?p=GME{{/footnote}}.
32 32  
33 33  === Balance Sheet ===
34 34  
35 -As of Jul 31, 2021, GameStop had $1.72 billion in cash on hand{{footnote}}https://fintel.io/bs/us/gme?d=1000&t=q{{/footnote}}. This is a product of the two secondary offerings completed in April and June 2021. Total assets total $3.55 billion, most of which is made up of current assets ($2.65 billion), with the balance made up of long-term assets (primarily operating lease right-of-use assets).
36 36  
37 -Liabilities total $1.69 billion. $1.194 billion are current liabilities, with the balance made up primarily of a long-term lease liability that counters the aforementioned right-of-use assets.
38 -
39 39  === Recent Results ===
40 40  
41 -For the quarter ending Jul 31, 2021, GameStop generated $1.183 billion in sales{{footnote}}https://gamestop.gcs-web.com/news-releases/news-release-details/gamestop-reports-financial-results-q2-2021{{/footnote}}, up 25.5% from the prior year's quarter ($942 million). Net losses came in at $61.6 million (85 cents per share), narrowing from the $111.3 million ($1.71 per share) quarterly loss reported in the quarter ending Jul 31, 2020.
42 42  
43 43  
44 -
45 -
46 46  {{putFootnotes/}}
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