Techub News report: GameStop announced its fiscal year 2025 fourth quarter and full-year results. Full-year revenue was $3.63 billion, compared to $3.82 billion in the same period last year; full-year net profit was $418.4 million, significantly higher than $131.3 million in the same period last year. Fourth quarter net sales were $1.104 billion, compared to $1.283 billion in the same period last year; operating profit was $135.2 million, compared to $79.8 million in the same period last year. As of January 31, the company held bitcoin and related receivables valued at approximately $368.4 million. In fiscal year 2025, the company recognized approximately $131.6 million in losses related to digital assets and related receivables, with losses in the fourth quarter of approximately $151 million.
Techub News report: GameStop announced its fiscal year 2025 fourth quarter and full-year results. Full-year revenue was $3.63 billion, compared to $3.82 billion in the same period last year; full-year net profit was $418.4 million, significantly higher than $131.3 million in the same period last year. Fourth quarter net sales were $1.104 billion, compared to $1.283 billion in the same period last year; operating profit was $135.2 million, compared to $79.8 million in the same period last year. As of January 31, the company held bitcoin and related receivables valued at approximately $368.4 million. In fiscal year 2025, the company recognized approximately $131.6 million in losses related to digital assets and related receivables, with losses in the fourth quarter of approximately $151 million.