GameStop FY 2023 Income Statement visualized

Operating loss of $35 M (compared with operating loss of $312 M in FY22)

Small but notable net earnings of $6.7 M (compared with net loss of $313 M in FY22)

How did GameStop make $50 million in interest income?

7 points · 2 comments · view on lemmy.world

2 Comments

EdanGrey@sh.itjust.works · 3 pts · 2y (1 reply)

You're missing half the info. To understand where the interest came from you need to see the balance sheet

EdanGrey@sh.itjust.works · 3 pts · 2y

I found the balance sheet. My guess is it's to do with the 'marketable securities' in assets.