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GameSquare Holdings, Inc. (GAME) 10-Year Financial Performance & Capital Metrics

GAME • • Industrial / General
TechnologyGaming & MultimediaEsports & Competitive GamingEsports Media & Services
AboutGameSquare Holdings, Inc. is an international digital media, entertainment and technology company. It engages in enabling global brands to connect with gaming and youth culture audiences. Its platform includes Code Red Esports Ltd., Cut+Sew (Zoned), Complexity Gaming, Fourth Frame Studios, Mission Supply, Frankly Media, Stream Hatchet, and Sideqik. The company was founded on April 8, 2011and is headquartered in Frisco, TX.Show more
  • Revenue $96M +132.9%
  • EBITDA -$42M -93.8%
  • Net Income -$49M -55.8%
  • EPS (Diluted) -1.75 +37.7%
  • Gross Margin 15.88% -35.1%
  • EBITDA Margin -43.83% +16.8%
  • Operating Margin -47.97% +21.9%
  • Net Margin -50.68% +33.1%
  • ROE -321.08% -31.0%
  • ROIC -126.39% -35.8%
  • Debt/Equity 1.97 +128.4%
  • Interest Coverage -80.83 -114.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 86.9%
  • ✓Trading at only 1.0x book value
  • ✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 9 (bottom 9%)
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y86.89%
3Y42.36%
TTM36.07%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-0.9%

EPS CAGR

10Y-
5Y-
3Y-
TTM66.18%

ROCE

10Y Avg-373.98%
5Y Avg-137.81%
3Y Avg-138.49%
Latest-175.8%

Peer Comparison

Esports Media & Services
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Quality & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
GAMEGameSquare Holdings, Inc.42.3M0.45-0.25132.91%-46.12%-321.08%1.97

Profit & Loss

Mar 2014Mar 2015Aug 2017Aug 2018Aug 2019Aug 2020Aug 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+00309.03K3.53M4.22M10.55M33.35M28.08M41.3M96.2M
Revenue Growth %---10.43%0.19%1.5%2.16%-0.16%0.47%1.33%
Cost of Goods Sold+0002.59M03.38M22.85M18.43M31.2M80.92M
COGS % of Revenue---0.73%-0.32%0.69%0.66%0.76%0.84%
Gross Profit+00309.03K948.31K4.22M7.17M10.49M9.66M10.1M15.27M
Gross Margin %--1%0.27%1%0.68%0.31%0.34%0.24%0.16%
Gross Profit Growth %---2.07%3.45%0.7%0.46%-0.08%0.05%0.51%
Operating Expenses+144.88K83K4.98M12.05M11.53M22.53M26.96M27.9M35.48M61.42M
OpEx % of Revenue--16.12%3.41%2.73%2.14%0.81%0.99%0.86%0.64%
Selling, General & Admin143.9K74.49K4.65M10.32M9.04M17.92M23.56M24.54M19.89M34.21M
SG&A % of Revenue--15.03%2.92%2.14%1.7%0.71%0.87%0.48%0.36%
Research & Development000000003.07M3.25M
R&D % of Revenue--------0.07%0.03%
Other Operating Expenses00336.3K1.73M2.5M4.61M3.39M3.36M12.52M23.97M
Operating Income+-144.88K-83K-4.67M-11.1M-7.31M-15.37M-16.47M-18.25M-25.38M-46.15M
Operating Margin %---15.12%-3.14%-1.73%-1.46%-0.49%-0.65%-0.61%-0.48%
Operating Income Growth %0.34%0.43%-55.3%-1.38%0.34%-1.1%-0.07%-0.11%-0.39%-0.82%
EBITDA+-144.88K-83K-4.34M-9.38M-4.93M-11.48M-12.96M-15.63M-21.75M-42.17M
EBITDA Margin %---14.03%-2.65%-1.17%-1.09%-0.39%-0.56%-0.53%-0.44%
EBITDA Growth %0.34%0.43%-51.25%-1.16%0.47%-1.33%-0.13%-0.21%-0.39%-0.94%
D&A (Non-Cash Add-back)00336.3K1.73M2.39M3.89M3.51M2.62M3.63M3.98M
EBIT00-10.05M-10.42M-13.62M-25.65M-27.57M-18.21M-25.66M-54.99M
Net Interest Income+00-53.43K-62.89K-333.38K-908.77K-1.27M-403.36K-672.59K-570.96K
Interest Income00000008.43K00
Interest Expense0053.43K62.89K333.38K908.77K1.27M411.8K672.59K570.96K
Other Income/Expense00-5.43M617.18K-6.64M-11.19M-12.38M-134.3K-947.83K-9.41M
Pretax Income+-144.88K-83K-10.1M-10.48M-13.95M-26.56M-28.84M-18.38M-26.33M-55.56M
Pretax Margin %---32.69%-2.97%-3.31%-2.52%-0.86%-0.65%-0.64%-0.58%
Income Tax+00-45.76K-859.64K144.82K00-304.37K-55.1K0
Effective Tax Rate %1%1%1%1.1%1.06%1.22%1.41%0.99%1.19%0.88%
Net Income+-144.88K-83K-10.06M-11.5M-14.74M-32.34M-40.66M-18.12M-31.28M-48.75M
Net Margin %---32.54%-3.26%-3.49%-3.07%-1.22%-0.65%-0.76%-0.51%
Net Income Growth %0.34%0.43%-120.17%-0.14%-0.28%-1.19%-0.26%0.55%-0.73%-0.56%
Net Income (Continuing)00-10.06M-9.63M-14.1M-26.56M-28.84M-18.08M-26.28M-55.56M
Discontinued Operations000-1.88M-895.17K-5.86M-11.89M-29.84K-5.01M1.25M
Minority Interest0000293.45K217.38K143.38K0014.94M
EPS (Diluted)+-316.34-205.95-539.37-378.96-401.14-43.84-13.68-3.26-2.81-1.75
EPS Growth %0.36%0.35%-1.62%0.3%-0.06%0.89%0.69%0.76%0.14%0.38%
EPS (Basic)-316.34-205.95-539.37-378.96-401.14-43.84-13.68-3.26-2.81-1.75
Diluted Shares Outstanding45840318.64K30.36K36.74K740K2.97M5.56M11.12M27.9M
Basic Shares Outstanding45840318.64K30.36K36.74K740K2.97M5.56M11.12M27.9M
Dividend Payout Ratio----------

Balance Sheet

Mar 2014Mar 2015Aug 2017Aug 2018Aug 2019Aug 2020Aug 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+44.59K2K2.34M1.69M4.75M12.18M31.56M10.1M22.24M36.47M
Cash & Short-Term Investments44.59K2K1.72M607.93K2.82M5.24M15.31M977.41K2.95M12.09M
Cash Only44.59K2K1.6M607.93K2.82M5.24M15.31M977.41K2.95M12.09M
Short-Term Investments00123.64K0000000
Accounts Receivable00277.25K1.04M1.23M3.85M8.65M8.33M16.46M21.71M
Days Sales Outstanding--327.46107.27106.27133.1194.65108.28145.4682.37
Inventory00008.27K388.59K3.53M475.33K47.47K0
Days Inventory Outstanding-----41.9656.369.420.56-
Other Current Assets00344.58K44.24K698.84K2.7M4.08M312.9K2.79M2.67M
Total Non-Current Assets+006.5M13.22M5.93M41.24M25.64M10M42.47M42.26M
Property, Plant & Equipment00940.48K166.19K85.25K959.87K960.83K5.39M4.62M2.87M
Fixed Asset Turnover--0.33x21.26x49.49x10.99x34.70x5.21x8.93x33.47x
Goodwill001.71M6.91M651.35K18.79M15.59M15.2M16.3M12.7M
Intangible Assets002.51M5.97M3.72M19.44M5.12M2.67M18.57M15.27M
Long-Term Investments001.33M01.47M2.05M2.63M2.62M2.67M2.2M
Other Non-Current Assets00029.23K001.34M-2.62M293.44K9.21M
Total Assets+44.59K2K8.84M14.91M10.69M53.42M57.2M20.09M64.71M78.73M
Asset Turnover--0.03x0.24x0.39x0.20x0.58x1.40x0.64x1.22x
Asset Growth %-0.81%-0.96%4411.6%0.69%-0.28%4%0.07%-0.65%2.22%0.22%
Total Current Liabilities+22.66K65.89K8.33M7.49M5.45M41.84M32.5M10.52M36.18M54.76M
Accounts Payable065.89K567.82K2.76M3.91M12.46M10.4M8.03M23.49M27.35M
Days Payables Outstanding---389.3-1.35K166.16159.05274.83123.36
Short-Term Debt000194.66K942.92K9.02M2.06M1.14M5.65M10.91M
Deferred Revenue (Current)00034.04K31.66K553.39K1000K1000K1000K1000K
Other Current Liabilities007.77M4.5M562.28K7.35M6.99M-7.77M-18.39M1.34M
Current Ratio1.97x0.03x0.28x0.23x0.87x0.29x0.97x0.96x0.61x0.67x
Quick Ratio1.97x0.03x0.28x0.23x0.87x0.28x0.86x0.91x0.61x0.67x
Cash Conversion Cycle------1.17K-15.15-41.35-128.82-
Total Non-Current Liabilities+001.94M629.88K12.91M11.31M9.4M2.42M10.17M11.96M
Long-Term Debt000224.81K12.69M11.31M9.4M2.36M10.17M9.91M
Capital Lease Obligations0000000002.05M
Deferred Tax Liabilities00447.78K000055.1K00
Other Non-Current Liabilities001.5M405.08K216.15K00000
Total Liabilities22.66K65.89K10.28M8.12M18.35M53.15M41.9M12.94M46.35M66.73M
Total Debt+000419.47K13.63M20.33M11.46M3.5M15.82M23.63M
Net Debt-44.59K-2K-1.6M-188.47K10.81M15.09M-3.85M2.52M12.88M11.53M
Debt / Equity---0.06x-77.23x0.75x0.49x0.86x1.97x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage---87.46x-176.54x-21.94x-16.91x-12.91x-44.31x-37.74x-80.83x
Total Equity+21.93K-63.88K-1.44M6.79M-7.67M263.29K15.3M7.16M18.36M12M
Equity Growth %-0.86%-3.91%-21.5%5.72%-2.13%1.03%57.13%-0.53%1.57%-0.35%
Book Value per Share47.87-158.52-77.10223.68-208.690.365.151.291.650.43
Total Shareholders' Equity21.93K-63.88K-1.44M6.79M-7.96M45.91K15.16M7.16M18.36M-2.94M
Common Stock413.45K360.48K11.63M29.57M29.61M69.38M122.74M43.44M00
Retained Earnings-445.17K-471.13K-13.51M-25.02M-39.75M-72.09M-123.08M-41.3M-73.42M-122.17M
Treasury Stock---------0
Accumulated OCI53.65K46.77K-703-945.71K-1.33M-2.33M-2.32M-333.89K-132.08K-208.62K
Minority Interest0000293.45K217.38K143.38K0014.94M

Cash Flow

Mar 2014Mar 2015Aug 2017Aug 2018Aug 2019Aug 2020Aug 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-202.62K-129.13K-3.95M-5.37M-4.67M-13.09M-30.34M-11.37M-16.08M-30.57M
Operating CF Margin %---12.79%-1.52%-1.11%-1.24%-0.91%-0.4%-0.39%-0.32%
Operating CF Growth %-0.33%0.36%-29.62%-0.36%0.13%-1.8%-1.32%0.63%-0.41%-0.9%
Net Income-144.88K-83K-10.06M-11.5M-14.99M-32.42M-40.73M-18.1M-31.28M-54.31M
Depreciation & Amortization00336.3K1.73M2.39M3.89M3.51M2.68M3.63M3.98M
Stock-Based Compensation00441.97K2.31M73.84K1.41M3.7M1.6M1.74M2.14M
Deferred Taxes00-45.76K-859.64K144.82K9.84M5.38M-292.66K-55.1B0
Other Non-Cash Items005.82M-5816.54M-1.64M6.18M1.58M55.1B18.03M
Working Capital Changes-57.74K-46.13K-445.33K2.96M1.17M5.82M-8.37M1.17M3.14M-413.37K
Change in Receivables00-13.16K-437.73K41.6K2.12M-4.01M-267.02K-880.48K502.65K
Change in Inventory000-58.06K-857.06K509.59K-492.68K-2.51M81.73K0
Change in Payables-57.74K-46.13K21.48K3.42M2M3.45M-1.03M2.78M4.79M-212.76K
Cash from Investing+00-2.68M-8.2M-1.66M-364.83K92.03K18.11K14.07M2.71M
Capital Expenditures00-929.9K-47.61K-187.52K-668.09K-188.17K-31.25K-2.24K-5.12K
CapEx % of Revenue--3.01%0.01%0.04%0.06%0.01%0%0%0%
Acquisitions----------
Investments----------
Other Investing0001.7K-3.69K-1.71M0-14.19M0-60K
Cash from Financing+27.41K08.18M12.58M8.54M16.34M39.58M6.3M3.95M37.97M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing00014.28K8.71M12.85M12.03M685.17K4.7T20.37M
Net Change in Cash----------
Free Cash Flow+-202.62K-129.13K-4.88M-5.42M-4.86M-13.76M-30.53M-11.4M-16.08M-30.64M
FCF Margin %---15.8%-1.53%-1.15%-1.3%-0.92%-0.41%-0.39%-0.32%
FCF Growth %-0.33%0.36%-36.82%-0.11%0.1%-1.83%-1.22%0.63%-0.41%-0.91%
FCF per Share-442.41-320.41-261.91-178.54-132.30-18.59-10.28-2.05-1.45-1.10
FCF Conversion (FCF/Net Income)1.40x1.56x0.39x0.47x0.32x0.40x0.75x0.63x0.51x0.63x
Interest Paid---------1.28M
Taxes Paid---------0

Key Ratios

Metric2013201420172018201920202021202220232024
Return on Equity (ROE)-167.13%---429.86%--12282.96%-522.34%-161.36%-245.17%-321.08%
Return on Invested Capital (ROIC)----467.16%-112.55%-124.6%-92.12%-129.5%-93.05%-126.39%
Gross Margin--100%26.84%100%67.95%31.46%34.39%24.46%15.88%
Net Margin---3254.22%-325.56%-349.29%-306.66%-121.93%-64.53%-75.74%-50.68%
Debt / Equity---0.06x-77.23x0.75x0.49x0.86x1.97x
Interest Coverage---87.46x-176.54x-21.94x-16.91x-12.91x-44.31x-37.74x-80.83x
FCF Conversion1.40x1.56x0.39x0.47x0.32x0.40x0.75x0.63x0.51x0.63x
Revenue Growth---1043.41%19.41%149.93%216.19%-15.78%47.08%132.91%

Revenue by Segment

20232024
SaaS Revenue244.63K52.08M
SaaS Revenue Growth-21190.55%
Agency Revenue-12.09M
Agency Revenue Growth--

Frequently Asked Questions

Growth & Financials

GameSquare Holdings, Inc. (GAME) reported $86.8M in revenue for fiscal year 2024.

GameSquare Holdings, Inc. (GAME) grew revenue by 132.9% over the past year. This is strong growth.

GameSquare Holdings, Inc. (GAME) reported a net loss of $40.1M for fiscal year 2024.

Dividend & Returns

GameSquare Holdings, Inc. (GAME) has a return on equity (ROE) of -321.1%. Negative ROE indicates the company is unprofitable.

GameSquare Holdings, Inc. (GAME) had negative free cash flow of $20.3M in fiscal year 2024, likely due to heavy capital investments.

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