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![Han_Akamatsu Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::982257409044267011.png) Han Akamatsu 赤松 [@Han_Akamatsu](/creator/twitter/Han_Akamatsu) on x 24.2K followers
Created: 2025-06-10 21:19:45 UTC

$GME Earnings Summary:

• Net sales $732M (-17% YoY)
• SG&A down to $228M from $295M
• Operating loss shrank to $10.8M (incl. $35.5M impairments)
• Net income $44.8M vs. $32.3M loss last year.
• Adjusted net income $83.1M.
• Cash & equivalents $6.4B (up from $1B)
• Canada exit complete, +4,710 Bitcoin purchased in Q2

Sharp drop in sales but a dramatic improvement in profitability, cash flow, and balance sheet strength. 🚀

Aggressive cost cutting from Ryan, exit from unprofitable regions like Canada, feels like the ongoing restructuring will start paying off from Q2 onwards.

Sad thing RC fumbled the Bitcoin play, when BTC was at 80k and the convertibles was completed. 

Pretty solid earnings despite the Bitcoin sadness everyone’s going through. ✔️


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1932548264609657223/c:line.svg)

**Related Topics**
[gme](/topic/gme)
[$6753t](/topic/$6753t)
[canada](/topic/canada)
[$1b](/topic/$1b)
[$64b](/topic/$64b)
[cash flow](/topic/cash-flow)
[$831m](/topic/$831m)
[$323m](/topic/$323m)

[Post Link](https://x.com/Han_Akamatsu/status/1932548264609657223)