GameSquare Holdings Q2 Revenue Miss: $15.9M, EPS -$0.15

GameSquare Holdings (GAME) reported Q2 revenue of $15.9 million, missing estimates by $5.96 million. The company's GAAP EPS of -$0.15 met expectations. A stock buyback program has been initiated, funded by ethereum yield. Analysts have set a one-year price target of $3.00, with a predicted upside of 237.15% from the current trading price of $0.89. The consensus from 2 brokerage firms is an average recommendation of 2.0, categorizing it as "Outperform".

GameSquare Holdings (NASDAQ:GAME) reported its Q2 2025 financial results, revealing a significant shift in strategy and a reduction in net loss. The company reported revenue of $15.9 million, a decline of 10.7% year-over-year (YoY), and a net loss of $3.0 million, down from $11.6 million in the same period last year [1].

The most notable development was the launch of an Ethereum-based treasury management strategy on July 1, 2025, which has already generated unrealized gains of $19.3 million. As of August 13, 2025, GameSquare held 15,630.07 ETH valued at $74.3 million, with a cost basis of $55 million [1].

The company also completed the divestiture of FaZe Media on April 1, 2025, and expects to achieve profitability in the third quarter of 2025. GameSquare aims to generate 8-14% annualized yields from its crypto strategy and improve gross margins. The company projects that 60% of its 2025 core revenue will come in the second half of the year [1].

GameSquare's GAAP EPS of -$0.15 met analysts' expectations. The company has initiated a stock buyback program, funded by Ethereum yield. Analysts have set a one-year price target of $3.00, with a predicted upside of 237.15% from the current trading price of $0.89. The consensus from two brokerage firms is an average recommendation of 2.0, categorizing it as "Outperform" [1].

GameSquare's Q2 results indicate a company in transition, pivoting toward a crypto-focused strategy while streamlining its core business. The company's balance sheet has significantly improved, with $99 million in crypto assets and cash against just $1.25 million in debt [1].

References:
[1] https://www.stocktitan.net/news/GAME/game-square-holdings-reports-2025-second-quarter-t1iyjsx5h8bh.html