GameSquare Holdings (GAME) AI Stock Analysis

• Market Cap: $52.36M
• Dividend Yield: N/A
• Average Volume (3M): 2.06M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.06
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 132
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): -0.08
• Shares Outstanding: 98,361,400
• 10 Day Avg. Volume: 1,416,724
• 30 Day Avg. Volume: 2,061,605
• PEG Ratio: 0.01
• Price to Book (P/B): -7.84
• Price to Sales (P/S): 0.24
• P/FCF Ratio: -0.75
• Enterprise Value/Market Cap: 0.71
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 2.76
• Enterprise Value/Ebitda: -0.81
• 1Y Price Target: $3.00
• Price Target Upside: 426.32% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): -0.12
• Revenue Forecast (FY): $93.00M

• Rating: 45 Neutral
• Price Target: $0.50 ▼(-12.28% Downside)

GameSquare Holdings' overall stock score is primarily impacted by its poor financial performance and weak technical indicators. While the earnings call provided some positive insights, the company's financial instability and lack of profitability weigh heavily on the score. The valuation remains unattractive due to negative earnings and no dividend yield.

Positive Factors

Strategic Partnerships

The partnership with Katana enhances GameSquare's onchain strategy, providing sustainable returns and expanding its agency network, which is crucial for long-term growth.

Revenue Diversification

Multiple revenue streams from sponsorships, media rights, and events provide stability and reduce reliance on any single income source, supporting long-term financial health.

Cost Management

Effective cost management and margin improvement indicate operational efficiency, which is essential for sustaining profitability and competitive advantage.

Negative Factors

Financial Instability

A precarious financial position with high leverage poses significant risks, potentially limiting growth opportunities and increasing vulnerability to economic downturns.

Negative Cash Flow

Negative cash flow indicates liquidity challenges, which can hinder the company's ability to invest in growth initiatives and meet financial obligations.

Revenue Decline

An 11% year-over-year revenue decline suggests potential market share loss and challenges in maintaining growth momentum, impacting long-term prospects.

GameSquare Holdings Business Overview & Revenue Model

Company Description

GameSquare Holdings (GAME) is a leading gaming and esports company focused on creating, developing, and promoting gaming content and experiences. The company operates within the esports sector, providing a platform for competitive gaming while also engaging audiences through media, entertainment, and sponsorships. GameSquare is known for its innovative approach to integrating gaming with mainstream culture, offering a range of services including team management, event production, and content creation.

How the Company Makes Money

GameSquare Holdings generates revenue through multiple streams, primarily from sponsorship and advertising partnerships, media rights, and event ticket sales. The company collaborates with various brands looking to reach the gaming audience, securing sponsorship deals that provide substantial income. Additionally, GameSquare earns revenue from the sale of media rights for its esports events, allowing broadcasters to air competitions. Another key revenue stream comes from ticket sales and merchandise during live events, further enhancing its financial performance. Partnerships with gaming publishers and technology companies also contribute to its earnings, providing access to new markets and promotional opportunities.

GameSquare Holdings Financial Statement Overview

Summary

GameSquare Holdings faces significant financial challenges, with persistent losses and high leverage. Despite some revenue growth, profitability and cash flow issues overshadow this positive aspect. The company needs to address its financial structure to improve stability and reduce risk.

Income Statement

GameSquare Holdings has shown some revenue growth, with a 7.49% increase in the latest year. However, profitability remains a significant concern, as evidenced by negative net profit margins (-50.68%) and EBIT margins (-57.16%). The company struggles with high operating losses, impacting overall financial health.

Balance Sheet

The balance sheet reveals a precarious financial position with negative stockholders' equity and a high debt-to-equity ratio of -8.04. This indicates substantial leverage and financial instability. The return on equity is positive at 16.59%, but this is due to negative equity, which is not a sustainable situation.

Cash Flow

Cash flow analysis shows negative operating cash flow and free cash flow, with a slight decline in free cash flow growth (-3.40%). The free cash flow to net income ratio is slightly above 1, indicating that cash flow is somewhat aligned with net income, but overall cash flow remains negative, posing liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	86.85M	96.20M	52.00M	28.08M	33.35M	10.55M
Gross Profit	13.41M	15.27M	13.45M	9.66M	10.49M	7.17M
EBITDA	-45.61M	-51.00M	-19.03M	-14.52M	-19.03M	-11.25M
Net Income	-40.05M	-48.75M	-31.28M	-18.11M	-40.66M	-32.34M
Balance Sheet
Total Assets	44.09M	78.73M	64.71M	20.09M	57.20M	53.42M
Cash, Cash Equivalents and Short-Term Investments	4.70M	12.09M	2.95M	977.41K	15.31M	5.24M
Total Debt	9.57M	23.63M	15.82M	3.50M	11.46M	20.33M
Total Liabilities	49.63M	66.73M	46.35M	12.94M	41.90M	53.15M
Stockholders Equity	-5.54M	-2.94M	18.36M	7.16M	15.16M	45.91K
Cash Flow
Free Cash Flow	-20.29M	-30.64M	-16.08M	-11.40M	-30.53M	-13.76M
Operating Cash Flow	-19.85M	-30.57M	-16.08M	-11.37M	-30.34M	-13.09M
Investing Cash Flow	-1.08M	2.71M	14.07M	18.11K	92.03K	-364.83K
Financing Cash Flow	13.64M	37.97M	3.95M	6.30M	39.58M	16.34M

GameSquare Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.57
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GAME, the sentiment is Negative. The current price of 0.57 is below the 20-day moving average (MA) of 0.66, below the 50-day MA of 0.71, and below the 200-day MA of 0.83, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 36.86 is Neutral, neither overbought nor oversold. The STOCH value of 16.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GAME.

GameSquare Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
MSGM	53 Neutral	$13.81M	-48.38	31.90%	―	-2.69%	-114.02%
MYPS	46 Neutral	$106.67M	―	-14.82%	―	-17.17%	-51.88%
GAME	45 Neutral	$52.36M	―	-231.82%	―	―	―
SKLZ	41 Neutral	$113.10M	―	-41.47%	―	-6.43%	-85.63%

GameSquare Holdings Corporate Events

GameSquare Holdings Adjourns Annual Stockholder Meeting

On October 7, 2025, GameSquare Holdings convened its 2025 Annual Meeting of Stockholders but adjourned it due to a lack of quorum. The meeting will reconvene virtually on November 4, 2025, to vote on proposals outlined in the proxy statement. The company continues to solicit votes from stockholders and encourages those who haven’t voted to do so by October 31, 2025.

The most recent analyst rating on (GAME) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on GameSquare Holdings stock, see the GAME Stock Forecast page.

GameSquare Holdings Gains Court Approval for Settlement

GameSquare Holdings, Inc. recently received final court approval for a settlement agreement related to its acquisition of FaZe Holdings, Inc. This approval, granted on September 22, 2025, resolves the Shareholder Derivative Litigation and confirms GameSquare’s financial responsibilities as outlined in the settlement agreement.

The most recent analyst rating on (GAME) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on GameSquare Holdings stock, see the GAME Stock Forecast page.

GameSquare Holdings Acquires Click Management for Growth

On September 10, 2025, GameSquare Holdings announced the acquisition of Click Management, a leading talent management firm, for $8.5 million plus contingent earnouts. This acquisition is expected to enhance GameSquare’s profitability and strengthen its position in the creator economy by expanding its talent management platform. Additionally, GameSquare is discontinuing its programmatic advertising solutions provider, Frankly Media, to focus on high-growth areas, which aligns with its strategy to optimize operations and improve profitability. The company also received a Nasdaq Minimum Bid Price Notice, giving it until March 9, 2026, to regain compliance with the minimum bid price requirement.

The most recent analyst rating on (GAME) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on GameSquare Holdings stock, see the GAME Stock Forecast page.

Gamesquare Holdings’ Earnings Call Highlights Strategic Wins

During the recent earnings call, Gamesquare Holdings, Inc. conveyed a predominantly positive sentiment, highlighting several significant achievements. The company celebrated the successful launch of its Ethereum treasury strategy, which has already generated substantial unrealized gains. Additionally, Gamesquare has made strides in cost reduction and boasts a strong sales pipeline. However, challenges such as a decline in revenue and the impact of tariffs on deal closures were also acknowledged. Overall, the positive developments, including strategic partnerships and a share repurchase program, were emphasized as outweighing the challenges faced.

GameSquare Holdings Announces Early 2025 Annual Meeting

GameSquare Holdings, Inc. has announced that its annual meeting of stockholders for 2025 will be held on October 7, 2025, a date that is more than 30 days earlier than the anniversary of the 2024 meeting. This change affects the deadlines for stockholder proposals and nominations, which must now be submitted by September 10, 2025, to be included in the proxy materials, and by September 27, 2025, for nominations for director positions.

The most recent analyst rating on (GAME) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on GameSquare Holdings stock, see the GAME Stock Forecast page.

Gamesquare Holdings Reports Q2 2025 Financial Results

Gamesquare Holdings, Inc. is a digital media, entertainment, and technology company that connects global brands with gaming and youth culture audiences through its diverse platform of services, including esports talent management, marketing, and analytics. In its latest earnings report for the quarter ending June 30, 2025, Gamesquare Holdings reported a decrease in revenue to $15.85 million from $17.83 million in the same period last year, alongside a net loss of $3.02 million, a significant improvement from the $12.00 million loss in the previous year. Key financial metrics highlighted a gross profit of $2.43 million, with operating expenses totaling $7.15 million, leading to a loss from continuing operations of $4.72 million. The company also noted a comprehensive loss of $3.57 million, reflecting foreign currency translation adjustments. Looking forward, Gamesquare Holdings faces challenges related to its liquidity and ongoing losses but remains focused on achieving profitable operations and exploring financing options to support its strategic initiatives.