InsiderClue
Stocks · Consumer discretionary · Services-Amusement & Recreation Services

GameSquare Holdings, Inc.

GAME Clue Score54
United States Fiscal year ends December CIK 0001714562
$3.11 -0.96% Close, 9 Oct 2026
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Price $3.11 −32.10% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 26 Jan 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue10.5Net income−42.7EPS, diluted−14.46Fiscal year 2021Revenue33.3 +216.2%Net income−40.7EPS, diluted−3.42Fiscal year 2022Revenue41.9 +25.6%Net income−4.3EPS, diluted−0.28Fiscal year 2022Revenue28.1 −33.0%Operating income−18.2Net income−18.1EPS, diluted−3.26Fiscal year 2023Revenue41.3 +47.1%Operating income−25.4Net income−31.3EPS, diluted−2.81Fiscal year 2024Revenue27.5 −33.3%Operating income−34.4Net income−48.8EPS, diluted−1.75Fiscal year 2025Revenue45.0 +63.4%Operating income−25.2Net income−40.1EPS, diluted−0.61
FY2020FY2021FY2022FY2022FY2023FY2024FY2025
Revenue 10.5 33.3 41.9 28.1 41.3 27.5 45.0
Growth +216.2% +25.6% −33.0% +47.1% −33.3% +63.4%
Operating income n/a n/a n/a −18.2 −25.4 −34.4 −25.2
Net income −42.7 −40.7 −4.3 −18.1 −31.3 −48.8 −40.1
Growth
EPS, diluted −14.46 −3.42 −0.28 −3.26 −2.81 −1.75 −0.61

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2020Net margin−405.3%Free cash flow margin−125.2%Fiscal year 2021Net margin−122.2%Free cash flow margin−91.5%Fiscal year 2022Net margin−10.4%Free cash flow margin−48.7%Fiscal year 2022Operating margin−65.0%Net margin−64.5%Free cash flow margin−42.6%Fiscal year 2023Operating margin−61.5%Net margin−75.7%Free cash flow margin−38.9%Fiscal year 2024Operating margin−124.8%Net margin−177.0%Free cash flow margin−111.0%Fiscal year 2025Operating margin−56.1%Net margin−89.1%Free cash flow margin−41.1%
FY2020FY2021FY2022FY2022FY2023FY2024FY2025
Operating margin n/a n/a n/a −65.0% −61.5% −124.8% −56.1%
Net margin −405.3% −122.2% −10.4% −64.5% −75.7% −177.0% −89.1%
Free cash flow margin −125.2% −91.5% −48.7% −42.6% −38.9% −111.0% −41.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow−13.1Capital expenditure−0.1Free cash flow−13.2Fiscal year 2021Operating cash flow−30.3Capital expenditure−0.2Free cash flow−30.5Fiscal year 2022Operating cash flow−20.3Capital expenditure−0.1Free cash flow−20.4Fiscal year 2022Operating cash flow−11.9Capital expenditure−0.0Free cash flow−12.0Fiscal year 2023Operating cash flow−16.1Capital expenditure−0.0Free cash flow−16.1Fiscal year 2024Operating cash flow−30.6Capital expenditure−0.0Free cash flow−30.6Fiscal year 2025Operating cash flow−18.4Capital expenditure−0.1Free cash flow−18.5Buybacks−1.8
FY2020FY2021FY2022FY2022FY2023FY2024FY2025
Operating cash flow −13.1 −30.3 −20.3 −11.9 −16.1 −30.6 −18.4
Capital expenditure −0.1 −0.2 −0.1 −0.0 −0.0 −0.0 −0.1
Free cash flow −13.2 −30.5 −20.4 −12.0 −16.1 −30.6 −18.5
Growth
Buybacks n/a n/a n/a n/a n/a n/a −1.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2020Cash5.2Total debt0.1Net cash (debt)5.1Shareholders’ equity−10.3Fiscal year 2021Cash15.3Total debt9.1Net cash (debt)6.2Shareholders’ equity15.2Debt to equity0.60Fiscal year 2022Cash8.6Total debt5.0Net cash (debt)3.6Shareholders’ equity15.7Debt to equity0.32Fiscal year 2022Cash1.0Shareholders’ equity7.3Fiscal year 2023Cash3.0Shareholders’ equity18.4Fiscal year 2024Cash13.1Shareholders’ equity12.0Fiscal year 2025Cash6.4Shareholders’ equity35.7
FY2020FY2021FY2022FY2022FY2023FY2024FY2025
Cash 5.2 15.3 8.6 1.0 3.0 13.1 6.4
Total debt 0.1 9.1 5.0 n/a n/a n/a n/a
Net cash (debt) 5.1 6.2 3.6 n/a n/a n/a n/a
Shareholders’ equity −10.3 15.2 15.7 7.3 18.4 12.0 35.7
Debt to equity n/a 0.60 0.32 n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Aug 2020 FY2021 31 Aug 2021 FY2022 31 Aug 2022 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a n/a n/a −65.0% −61.5% −124.8% −56.1%
−349.7% −86.5% −29.4% −65.5% −63.7% −126.3% −66.6%
−405.3% −122.2% −10.4% −64.5% −75.7% −177.0% −89.1%
−125.2% −91.5% −48.7% −42.6% −38.9% −111.0% −41.1%
Spending
n/a n/a n/a n/a 7.4% 6.9% 4.6%
16.8% 7.2% 12.6% n/a n/a n/a n/a
1.0% 0.6% 0.2% 0.1% 0.0% 0.0% 0.2%
Returns
n/a −268.7% −27.6% −249.4% −170.4% −406.1% −112.5%
−99.2% −71.2% −10.2% −90.2% n/a n/a n/a
Balance and payout
n/a 0.60 0.32 n/a n/a n/a n/a
123.3% 73.2% 63.1% 64.4% n/a n/a n/a