First quarter 2025 gross margin, excluding FaZe Media of 22.8%
Significant year-over-year improvement in first quarter 2025 adjusted EBITDA
Completed remaining divestiture of FaZe Media on April 1, 2025, which is expected to expand gross margin and eliminate approximately $2.5 million in quarterly cash burn going forward
Improved first quarter profitability in line with expectations and supports GameSquare's strategic focus on achieving positive cash flow and adjusted EBITDA in 2025
Read MoreLive streaming surges 9% year-over-year to 8.9 billion hours watched during the 2025 first quarter, reflecting the highest quarterly level since 2021
View the report: https://streamhatchet.com/reports/q1-2025-live-streaming-trends-report/
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Proforma revenue of $102 million, aligned with multi-year strategic plan to rapidly scale business
Fourth quarter adjusted EBITDA loss of $4.3 million, impacted by $2.8 million from FaZe Media
GameSquare expects 2025 revenue of over $100 million, with positive cash flow and adjusted EBITDA supported by a higher gross margin and lower operating expenses
Read MoreQ3 2024 revenue increased 10% YoY vs proforma Q3 23 to a third-quarter record of $26.4 million
Q3 2024 adjusted EBITDA loss improves significantly vs YoY proforma Q3 2023 and QoQ Q2 2024 to $2.2 million, demonstrating continued benefits of growth strategies and cost reduction initiatives
GameSquare expects 2024 to be a record year with annual proforma revenue between $105 - $110 million
Read More"NFL 4 THE FANS LIVE" is a special edition fan-first, traveling creator roadshow celebrating tentpole moments of the NFL season in front of a live audience
Hosted by creators, each event will welcome guests ranging from NFL talent to mainstream entertainers, internet stars and video gaming content creators
Read MorePreliminary Q2 revenue estimated to exceed $27 million
Management reaffirms 2024 annual guidance, and expects proforma revenue of over $100 million and annual gross margin of 22.5% to 27.5%
Read MoreFinancing Follows Non-Core Asset Sales that Raised over $36 Million of Non-Dilutive Capital
GameSquare Intends to Repay Outstanding Senior Secured Note with Unsecured Proceeds
Read MoreThe Sports, Entertainment & Innovation Conference "SEICon" Takes Place on July 15 - 17 in Las Vegas
GameSquare Will Feature Activations, Presentations and Panels from Industry Leaders in the Gaming, Esports, and Media Markets
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