GameSquare Holdings, Inc.

GAME Communication Services Electronic Gaming & Multimedia

In the quarter to June 2026, revenue grew 137.2%, EPS fell 37.5% and free cash flow fell 263.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

2.62 0.09 −3.32%
Market cap
$35.4M
P/E
0.0×
Fwd P/E
−2.2×
Dividend yield
—
F-score
5/9
Altman Z
−2.78
Beneish M
−3.09
Dividend safety
n/a

Insider Decisions trades per month

Total buys 1.65
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — 1 1 — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 11.16%

Capital & Financial Ratios $m

Market Cap 35.41
Revenue 62.75
Net Income (60.28)
Free Cash Flow (19.20)
Net Debt (4.46)
Current Ratio 0.90 (below 1: weak)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (2.21) (negative: loss-making)
P/S ratio 0.50
P/B ratio 3.14
Past 5Y EPS Growth —
This Y EPS Growth 44.26% (at or above 15%: strong)
Next Y EPS Growth 126.47% (at or above 15%: strong)
Next Y revenue growth 197.38% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 18.24%
10-year low 10-year high
P/B against its own 10 years 61.91%
10-year low 10-year high
EV/Sales against its own 10 years 20.21%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2019 Powerpack
2018 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 3 13 6 4
Receivables 16 21 9 11
Inventory — — — —
Other 2 0 6 24
22 36 22 40
2023 2024 2025 Q'26
Payables 23 27 22 21
ST’ Debt — 6 — —
Other 1 0 6 1
36 55 41 45

Compound Annual Growth %

10y 5y 3y
Sales 63.92% 6.18% 17.02%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 6.88% 69.93%

Revenue $m

Mar Jun Sep Dec Year
’26 15 18 — — —
’25 7 8 11 18 45
’24 18 18 9 — 28
’23 3 11 12 10 41
’22 — — 10 (2) 28
’22 — 7 — — 42
’21 — — 7 8 33
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) (3) — — —
’25 (9) 2 (10) (1) (18)
’24 (8) (10) (8) (5) (31)
’23 (1) (2) (3) (6) (16)
’22 — — 7 (4) (12)
’22 — 5 — — (20)
’21 12 — — — (30)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (3) — — —
’25 (9) 2 (10) (1) (19)
’24 (8) (10) (8) (5) (31)
’23 (1) (2) (3) (6) (16)
’22 — — 7 (4) (12)
’22 — 5 — — (20)
’21 12 — — — (31)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (1.44) (0.88) — — —
’25 (1.12) (0.64) (0.08) (2.56) (4.88)
’24 (2.40) (3.04) (1.44) (6.48) (14.00)
’23 (3.68) (2.72) (3.12) (10.23) (22.48)
’22 — — (21.12) (10.88) (29.76)
’22 — (3.89) — — (29.50)
’21 — — — — (109.93)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — 1,080.00 86.40 132.00 88.00 16.16 10.72 5.20 2.96

Analyst estimates 2026–2028

Powerpack
High — — 23,148.00 3,960.00 1,920.00 428.80 107.52 76.48 18.00 22.96
People
People Employees — — — — — 195 113 175 132 144
Revenue/emp, $m — 0.00 0.00 0.00 0.00 0.17 0.00 0.24 0.21 0.31
Income, $m
Income, $m Revenue — 0 3 11 11 33 28 41 28 45
Gross margin, % — (673.60) (165.77) 100.00 100.00 100.00 34.39 24.46 34.32 43.37
EBT — (11) (10) (27) (50) (25) (18) (26) (35) (30)
EBT margin, % — (3,269.19) (296.72) (251.81) 0.00 (73.63) (65.46) (63.75) (126.30) (66.59)
Net income — 0 (9) 0 32 (41) (18) (31) (54) (42)
Depreciation — 0 2 2 2 5 3 4 4 2
Per share, $
Per share, $ Revenue — 4.31 114.24 0.00 114.38 89.86 40.42 29.71 7.90 5.48
Earnings — (140.35) (372.45) (399.77) (351.63) (109.93) (29.76) (22.48) (14.00) (4.88)
Cash flow — (55.09) (173.68) (126.67) 0.00 (81.76) (17.16) (11.57) (8.77) (2.24)
Capex — 0.00 0.00 0.00 0.00 (0.51) (0.05) 0.00 (0.02) (0.05)
Free cash flow — (55.09) (173.68) (126.67) 0.00 (82.26) (17.21) (11.57) (8.78) (2.29)
Book value — (19.02) 224.02 0.00 2.86 68.89 10.46 13.21 3.44 4.34
Shares, m — 0 0 0 0 0 1 1 3 8
Valuation, ×
Valuation, × P/E — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S — 0.00 0.00 0.00 0.00 18.70 0.70 0.56 0.84 0.56
P/B — 0.00 0.00 0.00 10,869.11 24.56 2.88 1.07 1.92 0.80
EV/Sales — 0.00 0.00 0.00 0.00 18.55 0.75 0.85 0.95 0.68
EV/FCF — 0.00 0.00 0.00 (852.00) (33.41) 5.64 (2.64) (0.84) (1.64)
Cash, $m
Cash, $m Operating cash flow — (4) (5) (5) 1 (30) (12) (16) (31) (18)
Capex — (1) 0 0 0 0 0 0 0 0
Free cash flow — (4) (5) (5) 0 (31) (12) (16) (31) (19)
Balance, $m
Balance, $m Working capital — (6) (6) (30) 9 (1) 0 (14) (18) (19)
Total debt — — 0 0 11 10 7 8 16 —
Net debt — (2) 0 (5) 6 (5) (1) 5 3 (6)
Shareholders’ equity — (1) 7 0 0 26 7 18 12 36
Returns, %
Returns, % ROA — (87.62) (151.21) (100.92) (131.23) (107.01) (57.62) (73.68) (67.97) (50.75)
ROIC — 0.00 0.00 0.00 0.00 (50.68) (174.39) (48.73) (89.47) (28.03)
ROE — (387.85) (419.42) 80.80 0.00 (315.31) (156.54) (244.12) (321.08) (183.38)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 28 Sep 2026

Charts ten years each

GameSquare Holdings, Inc. vs peers in Electronic Gaming & Multimedia (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GDEV GDEV Inc. $190.2M 2.7× 2.8× −18.54% (below 0%: shrinking) +1,000.00% (above 0%: growing) +4,744.48% (above 0%: growing) 84.44% 21.72% Compare
CTW CTW Cayman $114.2M — — — — −216.27% (below 0%: shrinking) — — Compare
GCL GCL Global Holdings Ltd. $106.6M — (loss-making) — — −66.67% (below 0%: shrinking) −1,222.35% (below 0%: shrinking) — — Compare
MYPS PLAYSTUDIOS, Inc. $50.2M — (loss-making) — (loss-making) −7.32% (below 0%: shrinking) n/m −80.34% (below 0%: shrinking) 80.32% (17.36%) Compare
GAME GameSquare Holdings, Inc. $35.4M — (loss-making) — (loss-making) +137.21% (above 0%: growing) n/m −263.32% (below 0%: shrinking) 48.98% (9.26%)
GMHS Gamehaus Holdings Inc. $33.5M 6.5× — −12.33% (below 0%: shrinking) −36.31% (below 0%: shrinking) −52.86% (below 0%: shrinking) 53.77% 3.31% Compare
MSGM Motorsport Games Inc. $25.0M 13.1× — (loss-making) +36.58% (above 0%: growing) −90.24% (below 0%: shrinking) +381.17% (above 0%: growing) 81.79% 18.03% Compare
SNAL Snail, Inc. $18.0M — (loss-making) 5.4× −11.31% (below 0%: shrinking) n/m +18.27% (above 0%: growing) 39.07% (13.54%) Compare
GIGM GigaMedia Limited $14.2M — (loss-making) — −12.34% (below 0%: shrinking) n/m +52.13% (above 0%: growing) 55.38% (125.50%) Compare
Median of peers $41.9M 6.5× — −11.82% −51.49% −17.29% 67.85% (5.11%)

All 23 Electronic Gaming & Multimedia stocks →

GameSquare Holdings, Inc. (GAME) key facts

  • GameSquare Holdings, Inc. (GAME) is an Electronic Gaming & Multimedia company in the Communication Services sector, listed on Nasdaq.
  • As of October 16, 2026, GAME traded at $2.62, a market capitalization of $35.4 million.
  • Return on equity was −183.4% and debt-to-equity 0.00.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −2.78 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Sep 28, 2026.

GameSquare Holdings, Inc. (GAME) Latest News

11 Aug

27 May

Impact 4 · transcript
stockrow.com/GAME · Data as of Sep 28, 2026 · For information only; not investment advice. · © 2026 stockrow.com