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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›GAME›Financials
Annual statements · SEC XBRL · FY2022 – FY2025

GameSquare Holdings, Inc. (GAME) financials

Income statement

GameSquare Holdings, Inc. (GAME) income statement, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Revenue$28.1M$41.3M$27.5M$45.0M
Revenue growth—47.1%-33.3%63.4%
Gross profit$9.66M$10.1M$9.45M$19.5M
Gross margin34.4%24.5%34.3%43.4%
Operating income-$18.2M-$25.4M-$34.4M-$25.2M
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%
EPS (diluted)-$3.26-$2.81-$1.75-$0.61

Cash flow

GameSquare Holdings, Inc. (GAME) cash flow, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Operating cash flow-$11.9M-$16.1M-$30.6M-$18.4M
Capital expenditures$31.3K$2.24K$5.12K$77.1K
Free cash flow-$12.0M-$16.1M-$30.6M-$18.5M
Share buybacks———$1.78M

Balance sheet

GameSquare Holdings, Inc. (GAME) balance sheet, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Cash & equivalents$977K$2.99M$13.1M$6.37M
Total assets$20.2M$64.7M$78.7M$79.3M
Total liabilities$12.9M$46.3M$66.7M$43.6M
Shareholders' equity$7.27M$18.4M$12.0M$35.7M
Retained earnings-$42.1M-$73.4M-$122M-$162M
Shares (wtd avg diluted)5.56M11.1M27.9M65.7M

Every figure is extracted from GameSquare Holdings, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is GameSquare Holdings, Inc.'s annual revenue?
GameSquare Holdings, Inc. (GAME) reported $45.0M of revenue for fiscal year 2025 — up 63.4% from $27.5M in FY2024, per its annual report filed with the SEC.
Is GameSquare Holdings, Inc. profitable?
Not in FY2025 — GAME reported a net loss of $40.1M, per SEC filings.
What is GameSquare Holdings, Inc.'s free cash flow?
-$18.5M in FY2025 (operating cash flow -$18.4M minus $77.1K of capital expenditures), from the SEC cash-flow statement.
Does GAME pay a dividend?
GameSquare Holdings, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full GAME analysis — verdict, score & filings →Is GAME a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.