GameSquare Holdings, Inc.
GAME Nasdaq· Services-Amusement & Recreation Services
Last close · Oct 26, 2026
$2.25
KIRA · Stoqly’s AI analyst, in plain words
- GameSquare Holdings, Inc. had $45.0M of revenue in fiscal 2025, up 63.4% on the year before.
- Its operating margin was −56.1%, up 68.7 pts: of every 100 in sales, about −56 is left after running the business.
- GameSquare Holdings, Inc. lost $40.1M in fiscal 2025.
- Free cash flow was −$18.5M in fiscal 2025, −41.1% of revenue.
- GameSquare Holdings, Inc. returned $1.8M to shareholders in fiscal 2025. The diluted share count rose 135.6%.
Market cap
$214M
P/E
—
Revenue
$45.0M
Net income
−$40.1M
Free cash flow
−$18.5M
Operating margin
−56.1%
GameSquare Holdings, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+63.4%
Yes. Sales grew 63.4% last year.
Does it make a profit?
−89.1%
No. It lost money last year.
Does profit turn into cash?
−41.1%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What GameSquare Holdings, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Apr 8, 2026
- Legal name
- GameSquare Holdings, Inc.
- CIK
- 0001714562
GameSquare Holdings, Inc. · GAME
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $28.1M | $41.3M | $27.5M | $45.0M |
| Revenue growth | — | 47.1% | −33.3% | 63.4% |
| Gross margin | 34.4% | 24.5% | 34.3% | 43.4% |
| Operating margin | −65.0% | −61.5% | −124.8% | −56.1% |
| Net income | −$18.1M | −$31.3M | −$48.8M | −$40.1M |
| Net margin | −64.5% | −75.7% | −177.0% | −89.1% |
| Diluted EPS | −$3.26 | −$2.81 | −$1.75 | −$0.61 |
| Cash | ||||
| Cash from operations | −$11.9M | −$16.1M | −$30.6M | −$18.4M |
| Capital expenditure | $0.0M | $0.0M | $0.0M | $0.1M |
| Free cash flow | −$12.0M | −$16.1M | −$30.6M | −$18.5M |
| FCF margin | −42.6% | −38.9% | −111.0% | −41.1% |
| Share buybacks | — | — | — | $1.8M |
| Share count change | — | 100.1% | 150.9% | 135.6% |
| Debt and strength | ||||
| Cash and short-term investments | $1.0M | $3.0M | $13.1M | $6.4M |
| Debt incl. finance leases | — | $7.1M | $15.4M | — |
| Shareholders' equity | $7.3M | $18.4M | $12.0M | $35.7M |
| Current ratio | 1.0x | 0.6x | 0.7x | 0.5x |
| Interest coverage | −107.6x | −36.5x | −60.2x | −103.8x |
| Returns and quality | ||||
| Return on capital | — | −89.4% | −190.8% | — |
| Return on equity | −249.4% | −244.1% | −321.1% | −168.3% |
| Return on tangible equity | −682.3% | — | — | −164.8% |
| Piotroski F-score | — | 2 | 3 | 4 |
| Altman Z'' | −12.4 | −7.3 | −9.3 | −9.5 |
Insiders bought, 12 months
$1.7M
1 insider
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
GameSquare Holdings, Inc. · GAME
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.25 a share, the company is worth $214M.
Source: SEC EDGAR XBRL filings (CIK 0001714562). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.