GameSquare Q1 Financial Report: Revenue Up 95% Year-on-Year, Holds 15,502 ETH
Foresight News reports that Nasdaq-listed company GameSquare has released its financial report for the first quarter of 2026. The revenue for the quarter was $14.5 million, representing a 95% year-on-year increase; gross profit was $5.57 million with a gross margin of 38.4%. Net loss was $17.6 million, including a $14.59 million loss from changes in the fair value of digital assets. As of March 31, the company held 15,502 ETH, of which 5,435 were participating in on-chain yield strategies, and also held approximately $1.6 million in altcoin assets. The total value of digital assets and cash was about $35.9 million. The company maintained its annual guidance, expecting adjusted annual revenue of $85 million to $90 million and adjusted EBITDA of over $5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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