Here is another representation of GameStop’s FY23 income statement, this time showing clearly that GameStop had an operating loss of $34.5 M ( compared with an operating loss of $311 M FY22 !)
If not for the $49.5 M from interest income, GameStop would not have had positive net earnings in FY23.
Damn, $44 a share. What was the peak? $480? Tough luck Jimmy investors