https://staging.twogpedia.com/index.php?action=history&feed=atom&title=News%2FGameSquare_Holdings_Reveals_Q2_2023_Financial_Results 2026-11-05T15:11:20Z Revision history for this page on the wiki MediaWiki 1.45.1 https://staging.twogpedia.com/index.php?title=News/GameSquare_Holdings_Reveals_Q2_2023_Financial_Results&diff=5586&oldid=prev 2023-08-15T13:32:41Z

<p>Created page with &quot;{{News |seo_title=GameSquare Holdings Reveals Q2 2023 Financial Results |seo_keywords=GameSquare |seo_description=GameSquare Holdings Reveals Q2 2023 Financial Results |image=29264.jpg |tags=GameSquare |date=2023-08-15T13:27:21.000Z |sources={{NewsSource |source=Yahoo |url=https://finance.yahoo.com/news/gamesquare-holdings-reports-second-quarter-200500812.html |article=GameSquare Holdings Reveals Q2 2023 Financial Results }} |author=Andura |category=Business |content=Gam...&quot;</p> <p><b>New page</b></p><div>{{News<br /> |seo_title=GameSquare Holdings Reveals Q2 2023 Financial Results<br /> |seo_keywords=GameSquare<br /> |seo_description=GameSquare Holdings Reveals Q2 2023 Financial Results<br /> |image=29264.jpg<br /> |tags=GameSquare<br /> |date=2023-08-15T13:27:21.000Z<br /> |sources={{NewsSource<br /> |source=Yahoo<br /> |url=https://finance.yahoo.com/news/gamesquare-holdings-reports-second-quarter-200500812.html<br /> |article=GameSquare Holdings Reveals Q2 2023 Financial Results<br /> }}<br /> |author=Andura<br /> |category=Business<br /> |content=GameSquare Holdings revealed the Q2 2023 financial results. CEO Justin Kenna stated &quot;I am excited by the opportunities we are pursuing as we enter the seasonally strong second half of the year, supported by strong closed revenue quarter-to-date and 60% of annual revenue historically falling in the second half. As a result, we expect sales in the second half to be between $47 million and $52 million, which combined with first-half pro-forma sales of $28 million are expected to produce full-year 2023 pro-forma sales of between $75 and $80 million. We also expect annual gross margin in 2023 to range between 30% and 35%, which combined with additional cost-saving actions are expected to help us reach profitability in the fourth quarter.&quot;<br /> <br /> Q2 2023 results compared to Q2 2022 results,<br /> <br /> Revenue of $14,238,810, compared to $6,655,892,<br /> <br /> Gross margin of $4,068,174, compared to $3,017,161,<br /> <br /> Net loss of $4,095,166, compared to a net loss of $2,524,825,<br /> <br /> Adjusted EBITDA loss of $4,084,862, compared to a loss of $1,296,131,<br /> }}</div>

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