‘Call of Duty’ fails to stem loss at Gamestop Ltd

Sales of the bestselling Call of Duty, Minecraft, Grand Theft Auto, and Fifa 2015 games were not enough to prevent pre-tax losses increasing fourfold to €1.43m at the Irish arm of Gamestop last year.

Figures show Gamestop Ltd last year recorded the increased pre-tax losses after revenues fell 10% from €55m to €49.6m in the 12 months to the end of January 31.

According to the directors’ report for Gamestop Ireland “both the level of business and the end-year financial position were considered satisfactory in light of the current global economic downturn and the lifecycle stage of the current generation of computer consoles.