GameStop (GME) 10-K Summary — Year Ended Feb 3, 2024
The filing provides an overview of the company's financial condition and operations. Revenue declined and operating income was negative, while net income remained positive and operating cash flow was negative.
Key takeaway
Year ended Feb 3, 2024 · FY2025 10-K
The filing provides an overview of the company's financial condition and operations. Revenue declined and operating income was negative, while net income remained positive and operating cash flow was negative.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$5.3B
Revenue reported for the fiscal year.
Operating income
-$34.5M
Income from operations reported for the year.
Net income
$6.7M
Net income reported for the year.
Operating cash flow
-$203.7M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 29, 2022 | $6B | n/a |
| Jan 28, 2023 | $5.9B | -1.4% |
| Feb 3, 2024 | $5.3B | -11.0% |
Business overview
The supplied data does not contain a detailed description of the company's business. The filing references a Business overview section, but its content is not included.
Financial performance
Revenue decreased compared to the prior year. Operating income was a loss, while net income was positive. Operating cash flow was negative.
Material risks
The supplied data does not include specific risk factors; only the heading is referenced. Therefore, no material risks are identified from the provided context.
Liquidity and capital
The company's principal sources of liquidity include cash from operations, cash on hand, and borrowings from revolving credit facilities. As of the end of the reported period, the company held cash, cash equivalents, and marketable securities, and had available borrowing capacity. The company also considers strategic operating alternatives.
What to watch
Monitor the trend in operating cash flow, as it was negative during the reported period.