earnings
confidence high
sentiment neutral
materiality 0.65
GameSquare Q1 revenue up 95% to $14.5M; net loss widens to $17.6M on $14.6M digital asset loss
GameSquare Holdings, Inc.
- Revenue $14.5M (+95% YoY); gross margin 38.4% (down from 42.5%).
- Net loss $17.6M includes $14.6M fair value loss on digital assets and $1.1M transaction costs.
- Adjusted EBITDA loss narrowed to $1.1M from $2.6M, or -7.6% of revenue.
- Reaffirmed FY2026 guidance: proforma revenue $85M-$90M, adjusted EBITDA >$5M.
- Appointed Justin Miclat as CGO of Click and added Roblox creator Steak; expects >$5M incremental annualized revenue.
item 2.02item 9.01