GameSquare Holdings, Inc. (GAME) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GAME SEC filings page.
GameSquare Holdings, Inc. (GAME) reported $62.8M in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025’s sales rebound improved gross economics, but overhead and financing dependence still kept the business cash-consuming and balance-sheet constrained.
In FY2025, revenue rose63.4% while gross profit rose106.4% , showing that the rebound carried better unit economics rather than merely more volume. Yet operating cash flow was-$18.4M against SG&A of$19.6M , so the improved gross contribution still did not fund the operating structure.
Financing supplied
With capital expenditures at only
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of GameSquare Holdings, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
GameSquare Holdings, Inc. held $6.4M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $18.4M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and GameSquare Holdings, Inc. scores 17/100 among other emerging companies.
GameSquare Holdings, Inc. had 96M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and GameSquare Holdings, Inc. scores 14/100 among other emerging companies.
GameSquare Holdings, Inc. spent $2.0M on research and development in fiscal year 2025, which was 2.9% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and GameSquare Holdings, Inc. scores 18/100 among other emerging companies.
GameSquare Holdings, Inc. reported revenue of $45.0M in fiscal year 2025, against $27.5M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and GameSquare Holdings, Inc. scores 49/100 among other emerging companies.
GameSquare Holdings, Inc.'s operations used $18.4M of cash in fiscal year 2025, against $30.6M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and GameSquare Holdings, Inc. scores 41/100 among other emerging companies.
GameSquare Holdings, Inc.'s cash, cash equivalents and investments came to $6.4M at the end of fiscal year 2025, against $43.6M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and GameSquare Holdings, Inc. scores 22/100 among other emerging companies.
GameSquare Holdings, Inc. scores -3.21, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $162.3M against total assets of $79.3M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
GameSquare Holdings, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
GameSquare Holdings, Inc. reported a net loss of $40.1M while operations used $18.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
GameSquare Holdings, Inc. reported an operating loss of $25.2M against $243K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
GameSquare Holdings, Inc. generated $18.5M in revenue in Q2 2026. This represents an increase of 137.2% from the same quarter a year earlier. Against the prior quarter it is up 27.4%.
GameSquare Holdings, Inc.'s EBITDA was -$1.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
GameSquare Holdings, Inc. reported a net loss of $10.6M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
GameSquare Holdings, Inc. earned -$0.11 per diluted share (EPS) in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
GameSquare Holdings, Inc. recorded an outflow of $2.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 263.3% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
GameSquare Holdings, Inc. held $4.5M in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Margins & Returns
GameSquare Holdings, Inc.'s gross margin was 49.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 19.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.6 percentage points.
GameSquare Holdings, Inc.'s operating margin was -9.3% in Q2 2026, reflecting core business profitability. This is up 45.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.0 percentage points.
GameSquare Holdings, Inc.'s net profit margin was -57.6% in Q2 2026, showing the share of revenue converted to profit. This is down 18.9 percentage points from the same quarter a year earlier.
GameSquare Holdings, Inc.'s quarterly ROE was -107.7% in Q2 2026: one quarter's net income over shareholder equity, not annualized. Against the prior quarter it is down 7.9 percentage points.
Capital Allocation
GameSquare Holdings, Inc. invested $683K in research and development in Q2 2026. This represents an increase of 1.6% from the same quarter a year earlier. Against the prior quarter it is up 11.7%.
GameSquare Holdings, Inc. spent $1.2M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 60.3%.
GameSquare Holdings, Inc. invested $6K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 277.2% from the same quarter a year earlier. Against the prior quarter it is up 91.3%.
GAME Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.5M+137.2% | $14.5M+95.0% | $18.5M | $11.3M+21.6% | $7.8M-56.3% | $7.4M-58.0% | N/A | $9.3M-19.1% |
| Cost of Revenue | $9.4M+71.5% | $8.9M+108.6% | $10.0M | $5.7M+12.4% | $5.5M-64.1% | $4.3M-70.1% | N/A | $5.1M-43.4% |
| Gross Profit | $9.0M+294.9% | $5.6M+76.5% | $8.5M | $5.6M+32.7% | $2.3M-9.1% | $3.2M-6.9% | N/A | $4.2M+67.8% |
| R&D Expenses | $683K+1.6% | $611K-6.6% | $205K | $519K+15.2% | $672K+14.8% | $654K-4.5% | N/A | $451K+2.5% |
| SG&A Expenses | $7.6M+52.9% | $6.6M+30.5% | $7.5M | $7.6M+54.5% | $5.0M-24.0% | $5.0M-29.4% | N/A | $4.9M-20.3% |
| Operating Income | -$1.7Mn/m | -$3.4Mn/m | -$14.5M | -$2.4Mn/m | -$4.3Mn/m | -$4.1Mn/m | N/A | -$3.1Mn/m |
| EBITDA | -$1.2Mn/m | -$2.9Mn/m | -$14.1M | -$2.1Mn/m | -$4.0Mn/m | -$3.9Mn/m | N/A | -$2.8Mn/m |
| Interest Expense | $279K | $329K+564.1% | N/A | N/A | N/A | $50K-88.6% | N/A | $54K-74.1% |
| Income Tax | $83K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$10.6Mn/m | -$17.7Mn/m | -$31.1M | -$808Kn/m | -$3.0Mn/m | -$5.2Mn/m | N/A | -$5.5Mn/m |
| EPS (Basic) | -$0.11 | -$0.18 | -$0.45 | -$0.01 | -$0.08 | -$0.14 | -$0.90n/m | -$0.18 |
| EPS (Diluted) | -$0.11 | -$0.18 | -$0.45 | -$0.01 | -$0.08 | -$0.14 | -$0.90n/m | -$0.18 |
| Diluted Shares (Avg) | 95M | 97M | N/A | 88M | 39M | 37M | N/A | 31M |
GAME Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $58.9M+33.6% | $68.2M+0.6% | $79.3M+0.7% | $121.1M+19.8% | $44.1M-58.2% | $67.8M-33.5% | $78.7M+21.7% | $101.1M |
| Current Assets | $40.5M+96.2% | $38.8M+50.5% | $22.2M-39.1% | $26.2M-37.2% | $20.6M-55.6% | $25.8M-32.5% | $36.5M+64.0% | $41.8M |
| Cash & Equivalents | $4.5M-30.0% | $4.2M-27.8% | $6.4M-51.5% | $7.5M-43.1% | $6.4M-51.5% | $5.8M-55.8% | $13.1M+339.3% | $13.1M+339.3% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $11.3M-12.6% | $10.7M-41.6% | $8.7M-59.1% | $13.3M-48.1% | $13.0M-52.4% | $18.3M-29.2% | $21.3M+29.6% | $25.6M |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $8.6M+55.1% | $8.6M-32.2% | $5.9M-53.5% | $4.2M-81.5% | $5.6M-75.6% | $12.7M-44.3% | $12.7M-22.1% | $22.8M |
| Total Liabilities | $49.0M-1.3% | $48.7M-14.9% | $43.6M-34.6% | $42.4M-30.1% | $49.6M-21.5% | $57.3M-9.6% | $66.7M+44.0% | $60.6M |
| Current Liabilities | $45.0M-6.8% | $44.5M-1.5% | $40.9M-25.4% | $40.3M-31.0% | $48.3M-9.9% | $45.2M-14.8% | $54.8M+51.4% | $58.4M |
| Non-Current Liabilities | $4.0M+192.2% | $4.2M-65.2% | $2.8M-76.8% | $2.1M-7.3% | $1.4M-85.8% | $12.1M+17.5% | $12.0M+17.6% | $2.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $10.2M+21.7% | $9.9M+21.2% | N/A |
| Total Equity | $9.9Mn/m | $17.7M+68.7% | $35.7M+197.0% | $78.7M+94.5% | -$5.5M-113.1% | $10.5M-72.7% | $12.0M-34.6% | $40.5M+13.8% |
| Retained Earnings | -$190.6Mn/m | -$180.0Mn/m | -$162.3Mn/m | -$131.2Mn/m | -$130.3Mn/m | -$127.3Mn/m | -$122.2Mn/m | -$95.8M |
Not reported in any period shown, so not listed: Inventory.
GAME Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.8M-262.8% | -$6.4Mn/m | -$1.1Mn/m | -$10.4Mn/m | $1.7Mn/m | -$8.6Mn/m | -$5.2Mn/m | -$7.8Mn/m |
| Depreciation & Amortization | $537K+112.8% | $430K+110.8% | $395K+15.4% | $271K-22.5% | $252K-55.3% | $204K-73.0% | $342K-42.4% | $350K-38.8% |
| Stock-Based Compensation | N/A | $528K+1719.7% | N/A | N/A | N/A | $29K-93.1% | N/A | N/A |
| Capital Expenditures | $6K+277.2% | $3K-95.8% | $101n/m | $0-100.0% | $2K-0.5% | $75K+9848.5% | $0 | $3K |
| Free Cash Flow | -$2.8M-263.3% | -$6.4Mn/m | -$1.1Mn/m | -$10.4Mn/m | $1.7Mn/m | -$8.7Mn/m | -$5.2M | -$7.8M |
| Investing Cash Flow | $1.7Mn/m | -$2.5Mn/m | $1.4Mn/m | -$60.7Mn/m | -$638K-1982.6% | -$375K-113.7% | $0-100.0% | -$63Kn/m |
| Financing Cash Flow | $1.4M+179.1% | $6.7M+360.2% | -$1.3M-117.5% | $72.0M+1643.7% | $489K-97.1% | $1.5M-84.6% | $7.6M+112.4% | $4.1M+246.9% |
| Share Buybacks | $1.2M | $770K | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
GAME Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.0%+19.6pp | 38.4%-4.0pp | 45.9% | 49.4%+4.1pp | 29.4%+15.3pp | 42.4%+23.3pp | N/A | 45.3%+23.5pp |
| Operating Margin | -9.3%+45.5pp | -23.3%+31.9pp | -78.4% | -21.1%+12.6pp | -54.8%-20.1pp | -55.2%-19.8pp | N/A | -33.8%+13.9pp |
| Net Margin | -57.6%-18.9pp | -122.1% | -168.6% | -7.1%+51.8pp | -38.8%+26.4pp | -69.3%-39.6pp | N/A | -58.9%-15.0pp |
| Return on Equity | -107.7% | -99.8%-50.8pp | -87.3% | -1.0%+12.5pp | N/A | -49.0%-35.4pp | N/A | -13.6%+0.6pp |
| Return on Assets | -18.1%-11.2pp | -25.9%-18.3pp | -39.2% | -0.7%+4.8pp | -6.9%+4.2pp | -7.6%-2.5pp | N/A | -5.4% |
| Current Ratio | 0.90+0.5x | 0.87+0.3x | 0.54-0.1x | 0.65-0.1x | 0.43-0.4x | 0.57-0.1x | 0.67+0.1x | 0.71 |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | 0.97+0.8x | 0.83+0.4x | N/A |
| Liabilities-to-Equity | 4.96 | 2.75-2.7x | 1.22-4.3x | 0.54-1.0x | N/A | 5.45+3.8x | 5.56+3.0x | 1.50 |
| Asset Turnover | 0.31+0.1x | 0.21+0.1x | 0.23 | 0.090.0x | 0.180.0x | 0.11-0.1x | N/A | 0.09 |
| FCF Margin | -15.0%-36.8pp | -44.3% | -6.2% | -91.7%-8.3pp | 21.8%+75.6pp | -116.4% | N/A | -83.4% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.54), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| GameSquare Holdings, Inc. GAME | FY2025 | $45.0M | -$40.1M | -89.1% | $30.4M | 27/100 |
| GD Culture Group Limited GDC | FY2025 | N/A | -$186.9M | N/A | $4.5M | — |
| PLAYSTUDIOS, Inc. MYPS | FY2025 | $235.1M | -$28.6M | -12.2% | $45.6M | 48/100 |
| Snail, Inc. SNAL | FY2025 | $81.2M | -$27.2M | -33.5% | $20.1M | 31/100 |
Where GameSquare Holdings, Inc. Ranks
Frequently Asked Questions
What is GameSquare Holdings, Inc.'s annual revenue?
GameSquare Holdings, Inc. (GAME) reported $45.0M in total revenue for fiscal year 2025. This represents a 63.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is GameSquare Holdings, Inc.'s revenue growing?
GameSquare Holdings, Inc. (GAME) revenue grew by 63.4% year-over-year, from $27.5M to $45.0M in fiscal year 2025.
Is GameSquare Holdings, Inc. profitable?
No, GameSquare Holdings, Inc. (GAME) reported a net loss of $60.3M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $40.1M, with a net profit margin of -89.1%.
What is GameSquare Holdings, Inc.'s EBITDA?
GameSquare Holdings, Inc. (GAME) had EBITDA of -$24.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is GameSquare Holdings, Inc.'s gross margin?
GameSquare Holdings, Inc. (GAME) had a gross margin of 43.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is GameSquare Holdings, Inc.'s operating margin?
GameSquare Holdings, Inc. (GAME) had an operating margin of -56.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is GameSquare Holdings, Inc.'s net profit margin?
GameSquare Holdings, Inc. (GAME) had a net profit margin of -89.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is GameSquare Holdings, Inc.'s return on equity (ROE)?
GameSquare Holdings, Inc. (GAME) has a return on equity of -112.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is GameSquare Holdings, Inc.'s free cash flow?
GameSquare Holdings, Inc. (GAME) recorded an outflow of $18.5M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is GameSquare Holdings, Inc.'s operating cash flow?
GameSquare Holdings, Inc. (GAME) recorded an outflow of $18.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are GameSquare Holdings, Inc.'s total assets?
GameSquare Holdings, Inc. (GAME) had $79.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are GameSquare Holdings, Inc.'s capital expenditures?
GameSquare Holdings, Inc. (GAME) invested $77K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does GameSquare Holdings, Inc. spend on research and development?
GameSquare Holdings, Inc. (GAME) invested $2.0M in research and development during fiscal year 2025.
What is GameSquare Holdings, Inc.'s current ratio?
GameSquare Holdings, Inc. (GAME) had a current ratio of 0.54 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is GameSquare Holdings, Inc.'s liabilities-to-equity ratio?
GameSquare Holdings, Inc. (GAME) had a liabilities-to-equity ratio of 1.22 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is GameSquare Holdings, Inc.'s return on assets (ROA)?
GameSquare Holdings, Inc. (GAME) had a return on assets of -50.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is GameSquare Holdings, Inc.'s P/E ratio?
GameSquare Holdings, Inc. (GAME) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $30.4M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GameSquare Holdings, Inc.'s price-to-sales ratio?
GameSquare Holdings, Inc. (GAME) trades at 0.5x sales, its market capitalization divided by $62.8M revenue, trailing 12 months to June 30, 2026. The market capitalization is $30.4M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does GameSquare Holdings, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, GameSquare Holdings, Inc. (GAME) held $6.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $18.4M over that year. Dividing the one by the other, the reported balance equals about 4 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is GameSquare Holdings, Inc.'s Altman Z-Score?
GameSquare Holdings, Inc. (GAME) has an Altman Z-Score of -3.21, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is GameSquare Holdings, Inc.'s Piotroski F-Score?
GameSquare Holdings, Inc. (GAME) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are GameSquare Holdings, Inc.'s earnings high quality?
GameSquare Holdings, Inc. (GAME) reported a net loss of $40.1M while operations used $18.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can GameSquare Holdings, Inc. cover its interest payments?
GameSquare Holdings, Inc. (GAME) reported an operating loss of $25.2M against $243K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is GameSquare Holdings, Inc.?
GameSquare Holdings, Inc. (GAME) scores 27 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.