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    GameSquare Holdings Reports Record 2024 Third Quarter Results

    11/14/24 4:05:00 PM ET
    $GAME
    Services-Misc. Amusement & Recreation
    Consumer Discretionary
    Get the next $GAME alert in real time by email

    Q3 2024 revenue increased 10% YoY vs proforma Q3 23 to a third-quarter record of $26.4 million

    Q3 2024 adjusted EBITDA loss improves significantly vs YoY proforma Q3 2023 and QoQ Q2 2024 to $2.2 million, demonstrating continued benefits of growth strategies and cost reduction initiatives

    GameSquare expects 2024 to be a record year with annual proforma revenue between $105 - $110 million

    FRISCO, TX / ACCESSWIRE / November 14, 2024 / GameSquare Holdings, Inc. (NASDAQ:GAME), ("GameSquare", or the "Company"), today announced its financial results for the three and nine-months ended September 30, 2024.

    Justin Kenna, CEO of GameSquare, stated, "GameSquare delivered strong third quarter financial results that were in line with our pre-announcement, and reflect the strategies underway to drive organic sales growth, complete the integration of our recent acquisitions, and build a profitable organization. On a sequential basis, I am encouraged by the 500 basis-point expansion in gross margin, the 11.1% reduction in operating expenses, and the $3.2 million improvement in Adjusted EBITDA."

    "We also continue to pursue strategies aimed at strengthening our balance sheet and this morning we further solidified our balance sheet with a new $10 million convertible note with an entity controlled by Matt Kalish. This new capital, combined with over $11 million of cash on our balance sheet at September 30, 2024, provides us with increased flexibility to pay down our existing equity line facility with funds managed by Yorkville Advisors Global L.P. and take advantage of opportunities to accelerate revenue growth in the fourth quarter and beyond."

    "Positive momentum is growing across our business as more brands recognize the value of our next generation media platform. Our interconnected media, creative, and technology capabilities continue to provide brands with best-in-class solutions to connect and engage with youth audiences at scale. We expect to end 2024 with record revenue, a record backlog of committed revenue, a higher number of customers on retainer, and a growing pipeline. As a result, we believe 2025 will be a strong year of growth and significantly improved profitability," concluded Mr. Kenna.

    Reported results for the third quarter ended September 30, 2024, compared to September 30, 2023

    • Revenue of $26.4 million, compared to $11.5 million

    • Gross profit of $5.2 million, compared to $2.5 million

    • Net loss attributable to GameSquare of $5.5 million, compared to a net loss of $5.1 million

    • Adjusted EBITDA loss of $2.2 million, compared to a loss of $3.9 million

    Proforma* results for the third quarter ended September 30, 2024, compared to September 30, 2023

    (unless otherwise noted)

    • Revenue of $26.4 million, compared to $24.0 million

    • Gross profit of $5.2 million, compared to $3.4 million

    • Gross margin of 19.8%, compared to 14.0%

    • Operating expenses of $8.9 million, or 33.8% of revenue, compared to $13.8 million or 57.4% of revenue last year

    • Adjusted EBITDA loss of $2.2 million, compared to a loss of $10.4 million last year, and a loss of $5.4 million for the quarter ended June 30, 2024, and $7.9 million for the quarter ended March 31, 2024

    • Adjusted EBITDA loss was 8.2% of revenue versus 43.4% of revenue last year, a loss of 18.9% of revenue for the quarter ended June 30, 2024, and 33.7% of revenue for the quarter ended March 31, 2024

    * Proforma financial results includes a full quarter contribution of FaZe Clan in the 2023 period.

    Reported results for the nine months ended September 30, 2024, compared to September 30, 2023

    • Revenue of $72.7 million, compared to $25.7 million

    • Gross profit of $12.9 million, compared to $6.6 million

    • Net loss attributable to GameSquare of $22.4 million, compared to a net loss of $13.5 million

    • Adjusted EBITDA loss of $11.7 million, compared to a loss of $8.8 million

    Proforma* results for the nine months ended September 30, 2024, compared to September 30, 2023

    • Revenue of $78.5 million, compared to $71.2 million

    • Gross profit of $13.2 million, compared to $12.0 million

    • Operating expenses of $30.5 million, or 38.9% of revenue, compared to $46.7 million or 65.6% of revenue last year

    • Adjusted EBITDA loss of $15.5 million, compared to a loss of $34.7 million

    • Adjusted EBITDA loss was 19.7% of revenue, versus 48.8% of revenue last year

    * Proforma financial results includes a full year-to-date contribution of FaZe Clan in the 2024 period, and includes a full year-to-date contribution of Engine and FaZe Clan in the 2023 period.

    2024 Annual Guidance

    • Management expects 2024 annual proforma revenue to be between $105 million to $110 million

    • 2024's annual guidance is based on a proforma basis and includes a full 12 months of contribution from FaZe Clan, which was acquired on March 7, 2024

    • When comparing the third quarter of 2024 and 2023 results of Faze Clan, the Company has removed approximately $17 million of annualized costs, and expects to remove additional costs during the fourth quarter of 2024

    • Management anticipates continual quarterly improvements to profitability throughout 2024 supported by sales growth, gross margin improvement, and the benefit of cost saving initiatives

    Conference Call Details

    Justin Kenna, CEO, Lou Schwartz, President, and Mike Munoz CFO are scheduled to host a conference call with the investment community. Analysts and interested investors can join the call via the details below:

    Date: November 14, 2024
    Time: 4:30 pm ET
    Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=1IFae2yL

    Corporate Contact

    Lou Schwartz, President
    Phone: (216) 464-6400
    Email: [email protected]

    Investor Relations

    Andrew Berger
    Phone: (216) 464-6400
    Email: [email protected]

    Media Relations

    Chelsey Northern / The Untold
    Phone: (254) 855-4028
    Email: [email protected]

    About GameSquare Holdings, Inc.

    GameSquare's (NASDAQ:GAME) mission is to revolutionize the way brands and game publishers connect with hard-to-reach Gen Z, Gen Alpha, and Millennial audiences. Our next generation media, entertainment, and technology capabilities drive compelling outcomes for creators and maximize our brand partners' return on investment. Through our purpose-built platform, we provide award winning marketing and creative services, offer leading data and analytics solutions, and amplify awareness through FaZe Clan, one of the most prominent and influential gaming organizations in the world. With one of the largest gaming media networks in North America, as verified by Comscore, we are reshaping the landscape of digital media and immersive entertainment. GameSquare's largest investors are Dallas Cowboys owner Jerry Jones and the Goff family.

    To learn more, visit www.gamesquare.com.

    Forward-Looking Information

    This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the Company's and FaZe Media's future performance, revenue, growth and profitability; and the Company's and FaZe Media's ability to execute their business plans. These forward-looking statements are provided only to provide information currently available to us and are not intended to serve as and must not be relied on by any investor as, a guarantee, assurance or definitive statement of fact or probability. Forward-looking statements are necessarily based upon a number of estimates and assumptions which include, but are not limited to: the Company's and FaZe Media's ability to grow their business and being able to execute on their business plans, the Company being able to complete and successfully integrate acquisitions, the Company being able to recognize and capitalize on opportunities and the Company continuing to attract qualified personnel to supports its development requirements. These assumptions, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the Company's ability to achieve its objectives, the Company successfully executing its growth strategy, the ability of the Company to obtain future financings or complete offerings on acceptable terms, failure to leverage the Company's portfolio across entertainment and media platforms, dependence on the Company's key personnel and general business, economic, competitive, political and social uncertainties. These risk factors are not intended to represent a complete list of the factors that could affect the Company which are discussed in the Company's most recent MD&A. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. GameSquare assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

    GameSquare Holdings, Inc.
    Condensed Consolidated Balance Sheets
    (unaudited)

    September 30,
    2024

    December 31,
    2023

    Assets

    Cash

    $

    11,199,013

    $

    2,945,373

    Restricted cash

    -

    47,465

    Accounts receivable, net

    25,559,861

    16,459,684

    Government remittances

    1,311,968

    1,665,597

    Contingent consideration, current

    293,445

    207,673

    Promissory note receivable, current

    341,378

    -

    Prepaid expenses and other current assets

    3,046,798

    916,740

    Total current assets

    41,752,463

    22,242,532

    Investment

    2,673,472

    2,673,472

    Contingent consideration, non-current

    -

    293,445

    Promissory note receivable

    8,987,416

    -

    Property and equipment, net

    455,690

    2,464,633

    Goodwill

    22,783,315

    16,303,989

    Intangible assets, net

    21,706,994

    18,574,144

    Right-of-use assets

    2,743,255

    2,159,693

    Total assets

    $

    101,102,605

    $

    64,711,908

    Liabilities and Shareholders' Equity

    Accounts payable

    $

    28,968,243

    $

    23,493,472

    Accrued expenses and other current liabilities

    13,232,256

    5,289,149

    Players liability account

    -

    47,465

    Deferred revenue

    2,082,235

    1,930,028

    Current portion of operating lease liability

    741,462

    367,487

    Line of credit

    4,321,038

    4,518,571

    Convertible debt carried at fair value

    8,850,282

    -

    Warrant liability

    20,605

    102,284

    Arbitration reserve

    176,416

    428,624

    Total current liabilities

    58,392,537

    36,177,080

    Convertible debt carried at fair value

    -

    8,176,928

    Operating lease liability

    2,234,377

    1,994,961

    Total liabilities

    60,626,914

    46,348,969

    Commitments and contingencies (Note 14)

    Preferred stock (no par value, unlimited shares authorized, zero
    shares issued and outstanding as of September 30, 2024 and
    December 31, 2023, respectively)

    -

    -

    Common stock (no par value, unlimited shares authorized,
    31,586,409 and 12,989,128 shares issued and outstanding as of
    September 30, 2024 and December 31, 2023, respectively)

    -

    -

    Additional paid-in capital

    117,883,238

    91,915,169

    Accumulated other comprehensive loss

    241,106

    (132,081

    )

    Non-controlling interest

    18,130,467

    -

    Accumulated deficit

    (95,779,120

    )

    (73,420,149

    )

    Total shareholders' equity

    40,475,691

    18,362,939

    Total liabilities and shareholders' equity

    $

    101,102,605

    $

    64,711,908

    GameSquare Holdings, Inc.
    Consolidated Statements of Operations and Comprehensive Loss
    (unaudited)

    Three months ended September 30,

    Nine months ended September 30,

    2024

    2023

    2024

    2023

    Revenue

    $

    26,413,226

    $

    11,501,446

    $

    72,728,415

    $

    25,653,411

    Cost of revenue

    21,171,114

    8,989,706

    59,858,943

    19,074,708

    Gross profit

    5,242,112

    2,511,740

    12,869,472

    6,578,703

    Operating expenses:

    General and administrative

    6,180,523

    4,734,909

    18,233,771

    11,605,255

    Selling and marketing

    2,202,182

    1,465,378

    6,856,774

    3,947,100

    Research and development

    804,258

    439,822

    2,370,927

    1,100,791

    Depreciation and amortization

    803,687

    571,972

    2,513,882

    1,295,669

    Restructuring charges

    382,983

    92,334

    506,829

    386,620

    Other operating expenses

    1,287,223

    688,935

    3,375,360

    2,186,916

    Total operating expenses

    11,660,856

    7,993,350

    33,857,543

    20,522,351

    Loss from continuing operations

    (6,418,744

    )

    (5,481,610

    )

    (20,988,071

    )

    (13,943,648

    )

    Other income (expense), net:

    Interest expense

    (54,106

    )

    (209,237

    )

    (681,491

    )

    (354,561

    )

    Loss on debt extinguishment

    (1,032,070

    )

    -

    (1,032,070

    )

    -

    Change in fair value of convertible debt carried at fair value

    (98,937

    )

    86,127

    357,822

    541,136

    Change in fair value of warrant liability

    26,482

    133,216

    79,382

    1,844,094

    Arbitration settlement reserve

    113,583

    212,234

    252,208

    951,878

    Other income (expense), net

    (478

    )

    (227,201

    )

    (4,066,022

    )

    (189,307

    )

    Total other income (expense), net

    (1,045,526

    )

    (4,861

    )

    (5,090,171

    )

    2,793,240

    Loss from continuing operations before income taxes

    (7,464,270

    )

    (5,486,471

    )

    (26,078,242

    )

    (11,150,408

    )

    Income tax benefit

    -

    11,469

    -

    16,496

    Net loss from continuing operations

    (7,464,270

    )

    (5,475,002

    )

    (26,078,242

    )

    (11,133,912

    )

    Net income (loss) from discontinued operations

    (145

    )

    423,303

    1,349,738

    (2,347,244

    )

    Net loss

    (7,464,415

    )

    (5,051,699

    )

    (24,728,504

    )

    (13,481,156

    )

    Net loss attributable to non-controlling interest

    1,979,943

    -

    2,369,533

    -

    Net loss attributable to attributable to GameSquare Holdings, Inc.

    $

    (5,484,472

    )

    $

    (5,051,699

    )

    $

    (22,358,971

    )

    $

    (13,481,156

    )

    Comprehensive loss, net of tax:

    Net loss

    $

    (7,464,415

    )

    $

    (5,051,699

    )

    $

    (24,728,504

    )

    $

    (13,481,156

    )

    Change in foreign currency translation adjustment

    360,004

    212,040

    373,187

    100,687

    Comprehensive loss

    (7,104,411

    )

    (4,839,659

    )

    (24,355,317

    )

    (13,380,469

    )

    Comprehensive income attributable to non-controlling interest

    1,979,943

    -

    2,369,533

    -

    Comprehensive loss

    $

    (5,124,468

    )

    $

    (4,839,659

    )

    $

    (21,985,784

    )

    $

    (13,380,469

    )

    Income (loss) per common share attributable to GameSquare
    Holdings, Inc. - basic and assuming dilution:

    From continuing operations

    $

    (0.18

    )

    $

    (0.45

    )

    $

    (0.90

    )

    $

    (1.06

    )

    From discontinued operations

    (0.00

    )

    0.03

    0.05

    (0.22

    )

    Loss per common share attributable to GameSquare Holdings,
    Inc. - basic and assuming dilution

    $

    (0.18

    )

    $

    (0.42

    )

    $

    (0.85

    )

    $

    (1.28

    )

    Weighted average common shares outstanding - basic and diluted

    31,270,253

    12,131,409

    26,378,453

    10,510,845

    Management's use of Non-GAAP Measures

    This release contains certain financial performance measures, including "EBITDA" and "Adjusted EBITDA," that are not recognized under accounting principles generally accepted in the United States of America ("GAAP") and do not have a standardized meaning prescribed by GAAP. As a result, these measures may not be comparable to similar measures presented by other companies. For a reconciliation of these measures to the most directly comparable financial information presented in the Financial Statements in accordance with GAAP, see the section entitled "Reconciliation of Non-GAAP Measures" below.

    We believe EBITDA is a useful measure to assess the performance of the Company as it provides more meaningful operating results by excluding the effects of expenses that are not reflective of our underlying business performance and other one-time or non-recurring expenses. We define "EBITDA" as net income (loss) before (i) depreciation and amortization; (ii) income taxes; and (iii) interest expense.

    Adjusted EBITDA

    We believe Adjusted EBITDA is a useful measure to assess the performance of the Company as it provides more meaningful operating results by excluding the effects of expenses that are not reflective of our underlying business performance and other one-time or non-recurring expenses. We define "Adjusted EBITDA" as EBITDA adjusted to exclude extraordinary items, non-recurring items and other non-cash items, including, but not limited to (i) share based compensation expense, (ii) transaction costs related to merger and acquisition activities, (iii) arbitration settlement reserves and other non-recurring legal settlement expenses, (iv) restructuring costs, primarily comprised of employee severance resulting from integration of acquired businesses, (v) impairment of goodwill and intangible assets, (vi) gains and losses on extinguishment of debt, (vii) change in fair value of assets and liabilities adjusted to fair value on a quarterly basis, (viii) gains and losses from discontinued operations, and (ix) net income (loss) attributable to non-controlling interest.

    Reconciliation of Non-GAAP Measures

    A reconciliation of Adjusted EBITDA to the most directly comparable measure determined under US GAAP is set out below.

    Three months ended September 30,

    Nine months ended September 30,

    2024

    2023

    2024

    2023

    Net loss

    $

    (7,464,415

    )

    $

    (5,051,699

    )

    $

    (24,728,504

    )

    $

    (13,481,156

    )

    Interest expense

    54,106

    209,237

    681,491

    354,561

    Income tax benefit

    -

    (11,469

    )

    -

    (16,496

    )

    Amortization and depreciation

    803,687

    571,972

    2,513,882

    1,295,669

    Share-based payments

    267,117

    405,907

    1,288,484

    1,288,292

    Transaction costs

    1,287,223

    688,935

    3,417,687

    2,186,916

    Arbitration settlement reserve

    (113,583

    )

    (212,234

    )

    (252,208

    )

    (951,878

    )

    Restructuring costs

    382,983

    92,334

    506,829

    386,620

    Legal settlement

    -

    3,381

    -

    187,105

    Loss on extinguishment of debt

    1,032,070

    -

    1,032,070

    -

    Change in fair value of contingent consideration

    -

    -

    (42,327

    )

    -

    Change in fair value of warrant liability

    (26,482

    )

    (133,216

    )

    (79,382

    )

    (1,844,094

    )

    Change in fair value of convertible debt carried at fair value

    98,937

    (86,127

    )

    (357,822

    )

    (541,136

    )

    Gain on disposition of subsidiary

    -

    -

    (3,009,891

    )

    -

    Loss on disposition of assets

    -

    -

    3,764,474

    -

    Loss from discontinued operations

    145

    (423,303

    )

    1,660,153

    2,347,244

    Net loss attributable to non-controlling interest

    1,979,943

    -

    2,369,533

    -

    Net loss attributable to non-controlling interest (adjustment for NCI share of add backs to Adjusted EBITDA)

    (467,632

    )

    -

    (467,632

    )

    -

    Adjusted EBITDA

    $

    (2,165,901

    )

    $

    (3,946,282

    )

    $

    (11,703,163

    )

    $

    (8,788,353

    )

    SOURCE: GameSquare Holdings, Inc.



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      FRISCO, TX / ACCESS Newswire / January 22, 2025 / GameSquare Holdings, Inc. (NASDAQ:GAME), ("GameSquare", or the "Company"), a next generation media company with roots in gaming and creator entertainment, today announced that it has extinguished its outstanding convertible note and standby equity purchase agreement with Yorkville Advisors Global L.P. ("Yorkville"). Under the strategic transaction, GameSquare has issued a zero-coupon, 60-day promissory note to Yorkville associated with a prepayment penalty of $780,000. GameSquare intends to pay off this balance using existing cash on its balance sheet. Additionally, all shares previously owned by Yorkville, were purchased by outside investors

      1/22/25 7:30:00 AM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • GameSquare's Stream Hatchet Recaps 2024's Biggest Live Streaming Trends in its Save Point 2024 Report

      The Save Point 2024 report looks back at the year's newest live-streaming platforms, the most popular streamers, top games, new alternative content capturing viewer interest, and the new meta for esportsView the report: here FRISCO, TX / ACCESSWIRE / December 19, 2024 / Stream Hatchet, a streaming analytics and business intelligence platform and wholly-owned subsidiary of GameSquare Holdings (NASDAQ:GAME), ("GameSquare", or the "Company"), has released its Save Point 2024 report, which looks back at some of the biggest shifts in the live-streaming industry in 2024. This includes new live-streaming platforms, the most popular streamers, top games, new alternative content capturing viewer inte

      12/19/24 8:00:00 AM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • GameSquare Announces Latest Fortnite UEFN Campaign with Nickelodeon's SpongeBob SquarePants

      Launch Of Four Immersive UEFN Experiences Marks The Arrival Of Nickelodeon's SpongeBob SquarePants To The Fortnite PlatformWatch Trailer here FRISCO, TX / ACCESSWIRE / December 17, 2024 / Zoned, a GameSquare (NASDAQ:GAME) company today announced its latest UEFN world building campaign with Nickelodeon's SpongeBob SquarePants launching four official games on Fortnite. Paramount Game Studios collaborated with Zoned to create a series of immersive experiences that bring the world of Bikini Bottom to Fortnite's trending gameplay."We know so many fans of SpongeBob SquarePants are gamers, so it was a natural next step for us to bring Bikini Bottom to life in this authentic format for them," said D

      12/17/24 8:00:00 AM ET
      $GAME
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    $GAME
    Insider Trading

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    • SEC Form 4 filed by Large owner Blue & Silver Ventures, Ltd.

      4 - GameSquare Holdings, Inc. (0001714562) (Issuer)

      10/21/24 4:56:46 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • SEC Form 4 filed by Director Goff Travis

      4 - GameSquare Holdings, Inc. (0001714562) (Issuer)

      8/20/24 9:56:31 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • SEC Form 4 filed by Director Porter Stuart D

      4 - GameSquare Holdings, Inc. (0001714562) (Issuer)

      8/20/24 7:31:02 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary

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    • GameSquare Holdings Reports Record 2024 Third Quarter Results

      Q3 2024 revenue increased 10% YoY vs proforma Q3 23 to a third-quarter record of $26.4 millionQ3 2024 adjusted EBITDA loss improves significantly vs YoY proforma Q3 2023 and QoQ Q2 2024 to $2.2 million, demonstrating continued benefits of growth strategies and cost reduction initiativesGameSquare expects 2024 to be a record year with annual proforma revenue between $105 - $110 million FRISCO, TX / ACCESSWIRE / November 14, 2024 / GameSquare Holdings, Inc. (NASDAQ:GAME), ("GameSquare", or the "Company"), today announced its financial results for the three and nine-months ended September 30, 2024.Justin Kenna, CEO of GameSquare, stated, "GameSquare delivered strong third quarter financial resu

      11/14/24 4:05:00 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • GameSquare Announces Preliminary Third Quarter 2024 Results and Provides Business Update

      Preliminary Q3 revenue estimated to exceed $26.5 millionExpected adjusted EBITDA loss of approximately $2.4 million, representing a $3.0 million improvement from Q2 2024As a result of strong Q3 and YTD performance, GameSquare has increased its 2024 annual proforma revenue guidance to $105 million to $110 million FRISCO, TX / ACCESSWIRE / October 17, 2024 / GameSquare Holdings, Inc. (NASDAQ:GAME), ("GameSquare", or the "Company"), today announced preliminary financial results for the third quarter ended September 30, 2024, and provided a business update for the fourth quarter of 2024. The Company expects to report third quarter financial results and host a conference call with investors on No

      10/17/24 8:00:00 AM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • GameSquare Holdings Reports Record 2024 Second Quarter Results

      Q2 2024 proforma revenue increased 24% YoY and expanded 22% QoQ to a quarterly record of $28.6 million, reflecting value of operating enhanced platform and success of growth initiativesQ2 2024 proforma adjusted EBITDA loss improves significantly YoY and QoQ to $5.4 million, demonstrating benefits of growth strategies and cost reduction initiatives$2.5 million sequential improvement in proforma adjusted EBITDA, supports efforts to reach profitability by the fourth quarter of 2024 as the Company expects further revenue growth, higher gross margin and additional operating cost reductions to benefit Q3 and Q4 results FRISCO, TX / ACCESSWIRE / August 14, 2024 / GameSquare Holdings, Inc. (NASDAQ:G

      8/14/24 4:05:00 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
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    $GAME
    Analyst Ratings

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    • ROTH MKM initiated coverage on Engine Media with a new price target

      ROTH MKM initiated coverage of Engine Media with a rating of Buy and set a new price target of $7.00

      8/21/23 7:15:50 AM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • Noble Capital Markets initiated coverage on Engine Media Holdings with a new price target

      Noble Capital Markets initiated coverage of Engine Media Holdings with a rating of Outperform and set a new price target of $14.00

      8/30/21 11:38:52 AM ET
      $GAME
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    • Amendment: SEC Form SC 13D/A filed by GameSquare Holdings Inc.

      SC 13D/A - GameSquare Holdings, Inc. (0001714562) (Subject)

      8/30/24 4:05:59 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
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    • SEC Form SC 13D/A filed by GameSquare Holdings Inc. (Amendment)

      SC 13D/A - GameSquare Holdings, Inc. (0001714562) (Subject)

      3/11/24 5:03:56 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • SEC Form SC 13D/A filed by GameSquare Holdings Inc. (Amendment)

      SC 13D/A - GameSquare Holdings, Inc. (0001714562) (Subject)

      2/26/24 6:11:16 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
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    $GAME
    Insider Purchases

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    • CEO & Director Kenna Justin bought $10,200 worth of shares (10,000 units at $1.02), increasing direct ownership by 9% to 115,321 units (SEC Form 4)

      4 - GameSquare Holdings, Inc. (0001714562) (Issuer)

      6/25/24 4:00:21 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary
    • President and Chairman Schwartz Louis bought $10,200 worth of shares (10,000 units at $1.02), increasing direct ownership by 4% to 244,630 units (SEC Form 4)

      4 - GameSquare Holdings, Inc. (0001714562) (Issuer)

      6/25/24 4:00:20 PM ET
      $GAME
      Services-Misc. Amusement & Recreation
      Consumer Discretionary