GameSquare Holdings Inc. reported its financial results, highlighting a strategic shift in its business operations. For the year ending December 31, 2024, the division known as Frankly recorded sales of $46.9 million, a gross margin of $2.2 million, and an EBITDA loss of $1.1 million. The company announced the cessation of Frankly operations by September 15, 2025, which is expected to enhance profitability and gross margin. As of August 31, 2025, GameSquare reported having $87.7 million in cash and onchain holdings with no debt outstanding. The company also noted a market capitalization of $73.8 million as of September 9, 2025, based on a closing share price of $0.75. The current market net asset value per common share is $0.84, while the net asset value per common share stands at $0.89. GameSquare is focusing on optimizing its business model, exiting non-core, lower-margin operations to concentrate on high-growth areas such as agency, media, and technology. The consolidation of Sideqik into Stream Hatchet aims to provide enhanced insights for game publishers, brands, and IP holders. The company is unable to provide a reconciliation of its adjusted EBITDA guidance for the second half of fiscal 2025 due to the variability and uncertainty of certain factors. However, GameSquare plans to issue full-year 2026 guidance with its third quarter 2025 earnings release in November 2025.