GameStop (GME) reports 56.7 million PowerUp Rewards members …

GameStop (GME) reports 56.7 million PowerUp Rewards members as of January 28, 2023

The Form 10-K also revealed that of these members, 5.6 million are Pro members. GameStop (GME) has released its Form 10-K and within it the company highlighted the number of PowerUp Rewards members now sits at 56.7 million. Of these members, roughly 26 percent have purchased or traded with the company in the past year.

On March 28, 2023, GameStop (GME) released its annual Form 10-K, within which numerous aspects of the company were detailed. This information included insights into the company’s PowerUp Rewards program, which now has 56.7 million members.

Our U.S. loyalty program, called PowerUp Rewards (“PowerUp Rewards”), had approximately 56.7 million members as of January 28, 2023, of which approximately 15.0 million members have purchased or traded at GameStop in the past year. The PowerUp Rewards membership totals include 5.6 million paying pro members.

Our loyalty program generally offers our customers the ability to sign up for a free or paid membership, the latter of which gives our customers access to exclusive gaming related rewards. The program’s paid membership generally include a subscription to Game Informer magazine and additional discounts and benefits in our stores and ecommerce platforms.

Of the 56.7 million members, 5.6 million are PowerUp Rewards Pro subscribers. This appears to be a decrease from the numbers reported in March 2022, where Pro members were sitting at 5.8 million.

In September 2022, GameStop and Immutable had a promotion whereby PowerUp Rewards Pro members received free expansion packs in Gods Unchained, a Web3 game.

GameStop sign on a physical brick-and-mortar storefront
Source: GameStop

On the cryptocurrency and NFT front, GameStop noted that its NFT Marketplace sales weren’t material to 2022 revenue. This is a similar situation to the Q2 2022 results, which indicated that revenues from the marketplace were also “not material”. The other aspect of the PowerUp Rewards numbers is that GameStop notes approximately 15 million of the 56.7 million members have purchased or traded at the company in the past year.

This is a little over a quarter of the members. With the Form 10-K now available to read, investors will have more information on which to base their decisions. Be sure to read over our various GameStop pages for more insight into the company.

Last week, GME stock rocketed 38 percent higher on the earnings results and the CEO said GameStop has “a path to full-year profitability“.

Guides Editor

Hailing from the land down under, Sam Chandler brings a bit of the southern hemisphere flair to his work. After bouncing round a few universities, securing a bachelor degree, and entering the video game industry, he’s found his new family here at Shacknews as a Guides Editor. There’s nothing he loves more than crafting a guide that will help someone.

If you need help with a guide, or notice something not quite right, you can Tweet him: @SamuelChandler 

Related Stories

Tags:

canva listed on couponmatrix.ukcasetify listed on couponmatrix.ukholford-direct listed on couponmatrix.ukmerlin-pass listed on couponmatrix.ukmuji listed on couponmatrix.ukseven-store listed on couponmatrix.uk
canva listed on couponmatrix.ukBoth professional and amateur designers alike will have their hands full with Canva, the online design and publishing tool designed to turn great ideas into magnificent prints, media posts and memorabilia. Bring along a Canva discount code and you can secure a subscription that will bring your best concepts to life for a fraction of the normal price. Whether you’re beginning your own start-up, rebranding your business or just want some wacky custom printed t-shirts, there’s fun and success to be shared in equal measure with Canva.
casetify listed on couponmatrix.ukCasetify is the place to shop for selfie-ready phone cases to protect from smashed screens - providing maximum self-expression while giving your valuables the best protection possible. With a Casetify promo code from us, your order becomes even more affordable - ideal if you’re accident-prone or searching for the perfect phone accessory. You can even craft something truly unique by turning your personal photos into the ultimate phone case. For unique phone cases, put Casetify on your radar.
holford-direct listed on couponmatrix.ukWhen you’ve got plenty else to juggle in your day-to-day life, let Holford Direct handle your health. Stocking top formulas from the mind of one of the world’s leading nutritionists – Patrick Holford – you know you’re saving on quality supplements when shopping with a Holford Direct discount code. Whether you’re looking to better regulate your mood, your sleep cycle or your metabolism, Holford Direct has the means to keep your body in balance, leaving you free to handle whatever worries the world throws your way.
merlin-pass listed on couponmatrix.ukWhen it comes to big days out, Merlin are the biggest name in the UK by a country mile: As well as owning top theme parks, they’ve got cultural and educational attractions like Warwick Castle and Sea Life in their portfolio, and the Merlin Pass offers you and your friends and family unlimited entry for a full year. Whether you want high-octane thrills at Alton Towers or Thorpe Park, high altitude viewing platforms at Blackpool or Weymouth or highly atmospheric creepy thrills in the London Dungeon, you’ll always find something that’ll give get the whole family something to get excited about
muji listed on couponmatrix.ukMuji is your ultimate one-stop location for all things classic and timeless in style - from furniture to beauty products, the online store has something for every room in your home and every purpose. A Muji promo code will help you redo that living room for less and reimagine your ensuite without breaking the bank - your credit card will thank us later! Make your home into the peaceful oasis you’ve always wanted it to be with Muji today.
seven-store listed on couponmatrix.ukSeven Store is an online retailer that specialises in producing a wide variety of clothing and accessories. From New Balance sneakers to The North Face jackets, discover the wardrobe must-haves you never knew you needed before using a Seven Store discount code to make it yours for less. With branded scarves, sunglasses and other accessories to finish any outfit, prepare to look your finest with Seven Store. At Groupon, we know that feeling when your wardrobe is in dire need of an update but your bank balance says otherwise. However, thanks to our discount codes for Seven Store, you can shop 'til you drop and feel fabulous doing so without breaking the bank. Keep checking back here for the latest and greatest Seven Store discount codes so you can grab a bargain on your next purchase! If you're looking for a discount on your next Seven Store purchase, be sure to check out our vouchers page. We've got a great selection of Seven Store vouchers that can be used on a wide variety of clothing lines, from insulated bathrobes through to Converse All Stars. Whether you're after a new pair of jeans or a stylish jacket, make Seven Store your go-to destination and save yourself some money while you're at it!