This can be seen in the table that the company provided, which is on the right. Source: GameStop - 10-31-21 Quarterly Results - Table highlights by Mark R. To make matters worse, the latest earnings release points out that GameStop lost most of this money in the latest quarter. And on top of that this $365 million FCF loss represents 9.7% (almost 10%) of its $3.76 billion in sales for the last 9 months. Moreover, it has nothing to show for this wasteful loss. In other words, GameStop has burnt through $364.7 million in the last 9 months.
30, GameStop’s 10-Q shows that Cash Flow from Operations (CFFO) was negative $324 million.īut after deducting $40.7 million more in capex spending, GameStop’s FCF is a loss of $364.7 million. For example, in the nine months ending Sept. The bottom line is that investors want to see GameStop produce positive free cash flow (FCF).
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