GAMESQUARE HLDGS INC Stock Price, News & Analysis

GameSquare Holdings (NASDAQ:GAME) announced it will host NFL 4 The Fans Live during Super Bowl LIX weekend at Victory Fan Fest in New Orleans. The event, scheduled for February 7-8, 2025, will run from 3:00 PM to 7:00 PM CT each day, featuring co-hosts Will Neff and Sydnee Goodman, with a special appearance by Cardi B.

The event will blend NFL fandom with gaming and creator content, offering both in-person and online experiences. Key features include 2v2 gaming matchups between NFL Legends and gamers, U.S. Marines fitness challenges, sports commentary, and tailgate challenges. The live stream will be available worldwide on Will Neff's and Sydnee Goodman's Twitch and YouTube channels.

This initiative demonstrates GameSquare's strategy to connect brands with Gen Z, Gen Alpha, and Millennial audiences through gaming and entertainment experiences.

GameSquare Holdings (NASDAQ:GAME) has announced the extinguishment of its convertible note and standby equity purchase agreement with Yorkville Advisors Global LP. The company has issued a zero-coupon, 60-day promissory note to Yorkville with a $780,000 prepayment penalty, which it plans to pay using existing cash reserves.

All shares previously owned by Yorkville were acquired by outside investors through block transactions on January 21, 2025. According to CEO Justin Kenna, this strategic move improves GameSquare's capital structure and eliminates potential stock overhang. The company, backed by Dallas Cowboys owner Jerry Jones and the Goff family, focuses on connecting brands with Gen Z, Gen Alpha, and Millennial audiences through gaming and creator entertainment.

Stream Hatchet, a GameSquare Holdings (NASDAQ:GAME) subsidiary, has released its Save Point 2024 report analyzing major live-streaming trends. Key findings include: Spanish-speaking streamers comprising 20% of Kick's viewership, Kai Cenat achieving 185M hours watched, VTubers reaching 294M hours on Twitch, and significant impact of game DLCs like Elden Ring's Shadow of the Erdtree (127M hours watched). The report highlights the success of gaming adaptations, with Fallout 76 seeing a 10-fold viewership increase following its TV series debut. Mobile esports reached peak viewership of 2.3M for Mobile Legends: Bang Bang, while Twitch subscription records were broken throughout 2024, with Kai Cenat reaching 728K subscribers during Mafiathon 2.

GameSquare (NASDAQ:GAME) subsidiary Zoned has announced a collaboration with Nickelodeon to launch four SpongeBob SquarePants-themed games on Fortnite's UEFN platform. The partnership with Paramount Game Studios introduces immersive experiences including Red vs Blue, Prop Hunt, Slap Fight, and Only Up gameplay modes, each featuring unique SpongeBob-themed elements and Bikini Bottom environments.

The project, developed alongside Alliance Studios, is part of GameSquare's strategic partnerships series. These combined partnership campaigns are projected to generate over $3 million in revenue for GameSquare. The games are now available through specific island codes on the Fortnite platform, offering players various gameplay experiences from combat to parkour-style challenges.

Stream Hatchet, a GameSquare Holdings subsidiary, released its Q3 2024 report showing significant growth in gaming and live-streaming viewership. The report highlights an 8.5 billion hours of live streaming viewership, marking a 12% year-over-year increase. Key findings include an 8% rise in esports hours watched and YouTube Gaming's growth to 2 billion hours, increasing its market share from 17% to 23%. Kick demonstrated a 163% increase in hours watched. Twitch's market share decreased to 60%, while Spanish content surged by 59% on Kick. The report also notes a more diverse streaming market, with top creators' market share dropping from 98% to 86%.

GameSquare Holdings (NASDAQ:GAME) reported record Q3 2024 results with revenue of $26.4 million, up 10% YoY. The company showed significant improvement in adjusted EBITDA loss to $2.2 million, with gross margin expanding 500 basis points sequentially. GameSquare secured a new $10 million convertible note and maintains over $11 million in cash. The company expects 2024 annual proforma revenue between $105-$110 million. Management reports removing $17 million in annualized costs following the FaZe Clan acquisition and anticipates continued quarterly profitability improvements through sales growth, margin improvement, and cost-saving initiatives.

GameSquare Holdings (NASDAQ:GAME) has secured a $10 million convertible note from Gigamoon Media, , controlled by Matt Kalish. The note, due December 31, 2025, can be converted into either GameSquare common stock at $2.50 per share or 5.725 million shares of FaZe Media Series A-1 Preferred Stock. The proceeds will be used to repay GameSquare's existing equity line facility with Yorkville Advisors Global and for general corporate purposes. If converted to FaZe Media shares, it would value the entity at approximately $44 million, compared to GameSquare's current market cap of $32 million.

GameSquare Holdings (NASDAQ:GAME) has announced it will release its Q3 2024 financial results after market close on Thursday, November 14, 2024. The company will host an earnings conference call and webcast at 4:30 pm ET on the same day, led by CEO Justin Kenna and other management team members. Shareholders, investors, and media are invited to join the webcast presentation.

Stream Hatchet, a GameSquare Holdings subsidiary, released its Politics in Live Streaming Report revealing significant trends in political engagement through streaming platforms. The report shows a 513% growth in political streaming activity, with platforms like Twitch, YouTube, and Kick becoming important spaces for Gen Z political discourse. Key findings include a 9.5 million peak viewership during the Trump vs. Harris debate, and suspicious activity indicating potential view botting, with 35% of YouTube Live political viewership coming from flagged channels. The report also highlights top political creators, with HasanAbi leading at 30.9M views, and reveals platform engagement metrics showing 117 million hours of Harris-related streams versus 203 million hours for Trump-related content.