GAMENasdaqServices-Amusement & Recreation ServicesFiscal year ends December 31
GameSquare Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$2.56−0.06 (-2.29%)
Close on Oct 19, 2026
- Market cap
- $242.97M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
43.4%
Operating margin
-56.1%
Net margin
-89.1%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +63.4% | +2.4% | +33.7% | – | |
| Gross profit | +106.4% | – | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2019 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | – | – | 0.54 | |
| Debt to equity | – | – | – | |
| Interest coverage | – | – | -103.8× | |
| Capex to revenue | – | – | 0.2% | |
| Diluted shares | – | – | 66M |
Where the cash went
Fiscal 2020 to 2025, five years combined
GameSquare generated $112.73M from operations and spent $2.24M on capital expenditure, dividends and share buybacks. 21% of that went back into the business.
Generated
$112.73M
Used
$2.24M
Capital expenditure$459.48K21%Dividends$00%Share buybacks$1.78M79%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-89.1%
×Asset turnover0.57×
×Equity multiplier3.32×
=Return on equity, FY2025-168.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -89.1% | 0.57× | 3.32× | -168.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$40.10M
- Cash generatingOperating cash flow above zero-$18.40M
- Return on assets improvedROA up on the prior year– → -50.9%
- Earnings backed by cashOperating cash flow above net income-$18.40M vs -$40.10M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.67 → 0.54
- No dilutionShare count did not rise28M → 66M
- Gross margin improvedGross margin up on the prior year34.32% → 43.37%
- More efficientAsset turnover rose– → 0.57