Stock Analysis on Net

GameStop Corp. (NYSE:GME)

$24.99

Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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GameStop Corp., consolidated income statement

US$ in thousands

Microsoft Excel
12 months ended: Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019
Net sales
Cost of sales
Gross profit
Selling, general, and administrative expenses
Asset impairments
Gain on sale of assets
Operating loss
Interest income
Interest expense
Interest income (expense), net
Other loss, net
Income (loss) from continuing operations before income taxes
Income tax (expense) benefit, net
Net income (loss) from continuing operations
Income (loss) from discontinued operations, net of tax
Net income (loss)

Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02).

Income statement item Description The company
Net sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. GameStop Corp. net sales decreased from 2022 to 2023 and from 2023 to 2024.
Operating loss The net result for the period of deducting operating expenses from operating revenues. GameStop Corp. operating loss increased from 2022 to 2023 and from 2023 to 2024.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. GameStop Corp. income (loss) from continuing operations before income taxes increased from 2022 to 2023 and from 2023 to 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. GameStop Corp. net income (loss) increased from 2022 to 2023 and from 2023 to 2024.