---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-022366"
form_type: "8-K"
ticker: "GAME"
cik: "0001714562"
company_name: "GameSquare Holdings, Inc."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:28:23.665115+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GameSquare Q3 net income from cont ops $5.9M vs loss; revenue up 21% to $11.3M

## Summary
- Net income from continuing ops $5.9M vs loss of $3.9M in Q3 2024; revenue grew 21% to $11.3M.
- Gross margin improved to 49.4% from 45.3% YoY; adjusted EBITDA loss narrowed to $0.6M from $0.9M.
- Balance sheet strongest in history: $81.5M in digital asset treasury (ETH, NFTs, altcoins) and cash, no debt, $78.7M equity.
- Onchain yield strategy with Dialectic generated $0.6M in Q3; stock repurchased 833,124 shares for $599K at avg $0.72.
- Pro forma revenue including Click Management would be $15.5M; adjusted EBITDA loss pro forma $0.2M.

## SEC filing metadata
- accession: 0001493152-25-022366
- form_type: 8-K
- ticker: GAME
- cik: 0001714562
- company_name: GameSquare Holdings, Inc.
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1714562/000149315225022366/0001493152-25-022366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1714562/000149315225022366/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-022366
- JSON: https://secwatch.observer/filing/0001493152-25-022366.json
- Plain text: https://secwatch.observer/filing/0001493152-25-022366.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.