Q2 record revenue $28.6M; proforma adj EBITDA loss improves 46% YoY; expects positive EBITDA by Q4

GameSquare Holdings, Inc.

2024-Q2 EPS reported -$0.71 revenue$46,315,189

Q2 revenue $28.6M (record), proforma +24% YoY; net loss $12.0M vs $4.1M YoY.
Proforma adjusted EBITDA loss $5.4M, improved from $10.0M loss in Q2 2023.
Management expects $55-60M revenue in H2 2024 and positive adjusted EBITDA by Q4.
Second tranche of $4.75M preferred stock sale closed on Aug 15, completing the transaction.

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