It's not an answer to the question of a turnaround, and therefore low quality information? How much you have in assets does not correlate with the ongoing success of the business. Examining the day to day business of Gamestop and excluding the memestock shenanigans leaves a very bad business.
The core business has declining revenue - net sales 2016 $8.6b, 2025 $3.5b and still in decline. Cash flow from operations also continues to shrink.
Store footprint has shrunk.
The underlying business stinks, even if they made a ton of money selling stock, they haven't done anything significant to halt the spiral.
Perhaps a simple analogy would work here - you made $86,000 in 2016, and had a $6,000 surplus that represents your profit. In 2020 you made $50,000 and spent $5,0000 of your savings to stay afloat. You shrink your lifestyle. Now in 2025, you make $35,000 a year, and have a $2,000 surplus. There are no prospects for more income and you expect to earn $32,500 next year, and maybe $30,000 the year after. Would you consider this a turnaround for your finances?
Likewise, the company's revenue has declined ~60% in the last ten years, and declined 5% from 2024 to 2025. The business became marginally profitable when they shrank the business by reducing operating expenses and produced a small profit.
There are no significant avenues for growth in their current business model, revenue will continue to decline, as it has for the last ten years because the core model of re-selling used games continues to shrink. As revenue decline continues, they'll run out of people to lay off and stores to close, there will be no profit because the revenue is too small, and the company will BK.
There is no turn around, the company continues a death spiral.
You can see from the right hand column that many of those companies have delivered returns over the last twelve months, unlike GameStop. Also it appears many companies that don't have $9 billion are generating returns as well.
You seem to be making some of your statements as if they exist in a vacuum. The context is easily half the story.
For instance, do you know where that $9 billion in cash came from? It was not revenue I’ll tell you that much. Their revenue has been rapidly dropping, they’re shuttering stores, etc. They didn’t get that cash from successfully turning around operations.
It's not an answer to the question of a turnaround, and therefore low quality information? How much you have in assets does not correlate with the ongoing success of the business. Examining the day to day business of Gamestop and excluding the memestock shenanigans leaves a very bad business.
The core business has declining revenue - net sales 2016 $8.6b, 2025 $3.5b and still in decline. Cash flow from operations also continues to shrink.
Store footprint has shrunk.
The underlying business stinks, even if they made a ton of money selling stock, they haven't done anything significant to halt the spiral.
To the poster below asking if I'm drunk. Please provide some sort of revenue citation to 18x? https://stockanalysis.com/stocks/gme/revenue/