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GameSquare Holdings, Inc. (NASDAQ: GAME) is an innovative, vertically integrated digital media, entertainment, and technology company connecting global brands with gaming and youth culture audiences. Through its comprehensive platform, GameSquare offers an array of services including marketing and creative functions, data and analytics solutions, and widespread brand amplification efforts, primarily through FaZe Clan—one of the most iconic gaming organizations worldwide.
The company's subsidiaries include Gaming Community Network (GCN), Swingman LLC (dba Zoned), and Code Red Esports Ltd., which collectively span across pivotal markets in the United Kingdom, the USA, and Spain. The company's operations generate most of their revenue within the USA and encompass diverse revenue streams from teams, agency services, and SaaS plus advertising.
In recent years, GameSquare has made significant strides in expanding its portfolio and optimizing its business model. Notable achievements include the acquisition of FaZe Clan, a trailblazer in the gaming and esports industry, and Engine Gaming, resulting in substantial revenue growth and brand synergy. Their association with high-profile brands like Porsche, McDonald's, and Nike, among others, has cemented their influence in the media and gaming domains.
GameSquare's mission is to bridge the gap between brands and the elusive Gen Z, Gen Alpha, and Millennial demographics. They endeavor to deliver award-winning marketing and creative services, utilizing their robust platform to enhance brand awareness and drive impactful outcomes for creators. With Dallas Cowboys owner Jerry Jones and the Goff family as their largest investors, GameSquare continues to revolutionize the landscape of digital media and immersive entertainment.
Among their recent successes, FaZe Clan's product line, including the best-selling FaZe Pop energy drink, has demonstrated significant market penetration and revenue generation, achieving over $75 million in co-branded product revenue. Partnerships with leading brands have further enhanced FaZe Clan's global reach and influence.
GameSquare's financial health reflects positive growth, with an 85% year-over-year revenue increase, driven by both organic growth and strategic acquisitions. The company remains focused on executing its growth strategy, optimizing operations, and enhancing shareholder value.
Stay updated with the latest news and developments by visiting GameSquare's website and following them on social media platforms.
GameSquare Holdings (NASDAQ:GAME) has announced its participation in the 26th Annual H.C. Wainwright Global Investor Conference. The event will take place from September 9 to September 11, 2024, at the Lotte New York Palace Hotel. Lou Schwartz, GameSquare's President, will represent the company, delivering a presentation on September 11 at 11:00 AM ET.
In addition to the presentation, GameSquare's management team will be available for one-on-one meetings with qualified investors on September 11. This conference provides an opportunity for GameSquare, a next-generation media company focused on gaming and creator entertainment, to engage with potential investors and showcase its business model and growth strategies.
FaZe Media, a subsidiary of GameSquare Holdings, Inc. (NASDAQ:GAME), has announced a new multi-year, multi-million-dollar sponsorship and licensing deal with G FUEL, the top energy drink brand for gamers. This partnership is one of the largest transactions in GameSquare's history, adding predictable revenue to the company's growing backlog. The deal includes an equity component in G FUEL for FaZe Media.
Key highlights of the partnership include:
- G FUEL as the presenting sponsor for the FaZe Clan Subathon in September 2024
- In-person events and co-branded product launches
- Focus on content creation and fan engagement through FaZe Media's renewed talent roster
This collaboration marks a reunion between FaZe Clan and G FUEL, building on their historic partnership and aiming to drive engagement across the global gaming and creator communities.
FaZe Clan and G FUEL have announced a multi-year, multi-million-dollar sponsorship and licensing deal, marking one of the largest transactions in GameSquare's history. FaZe Media will receive an equity stake in G FUEL as part of the contract. The partnership kicks off with G FUEL sponsoring FaZe Clan's month-long Subathon in September, where the FaZe House will be renamed the 'FaZe G FUEL House'. This collaboration aims to drive growth and engagement within the gaming ecosystem, focusing on content from FaZe's renewed talent roster. The deal emphasizes authentic, organic creativity from talent, avoiding corporate branded content. Both companies view this partnership as a strategic move to reinvigorate their brands and connect with their core gaming communities.
FaZe Clan, a subsidiary of GameSquare Holdings (NASDAQ:GAME), has announced a multi-year expansion of its multi-million dollar sponsorship deal with Rollbit, a leading online gaming and entertainment company. This expansion builds on the initial January 2024 agreement, which was already one of the largest sponsorship deals in esports history.
The expanded partnership deepens Rollbit's sponsorship of FaZe Clan's top-performing Counter-Strike team, which has been ranked #1 globally for 34 weeks and in the top 5 for 86 weeks since January 2022. The deal focuses on markets outside the United States and demonstrates the success of the initial partnership in growing Rollbit's brand within the esports demographic.
GameSquare, which now owns 100% of FaZe Esports, aims to replicate its proven esports growth strategy, having grown its prior esports team by over 220% in just two years.
FaZe Clan Esports, a GameSquare subsidiary, achieved its largest ever tournament winnings of approximately $2 million at the inaugural Esports World Cup in Riyadh, Saudi Arabia. The event, held from July 3 to August 25, 2024, featured a record-breaking $60+ million prize pool. FaZe Clan secured sixth place out of over 500 teams in the club championship, earning points in six games and two podium finishes.
The strong performance is expected to contribute to GameSquare's revenue for the 2024 third quarter. GameSquare (NASDAQ: GAME) CEO Justin Kenna highlighted the event's success, emphasizing the growing interest in esports and the power of the community. The Esports World Cup included eight weeks of on-ground activations, live entertainment, and competitions for both professional players and gaming enthusiasts.
GameSquare Holdings (NASDAQ:GAME) reported record Q2 2024 results with proforma revenue increasing 24% YoY and 22% QoQ to $28.6 million. The company's proforma adjusted EBITDA loss improved significantly to $5.4 million. GameSquare expects to reach profitability by Q4 2024, supported by revenue growth, higher gross margin, and cost reductions. Highlights include expanding demand for UEFN world building services and FaZe Media's reboot, which garnered over 1.2 billion views. The company anticipates $55-60 million in higher-margin revenue for H2 2024. GameSquare raised over $36 million in non-dilutive capital and repaid a $5.7 million convertible note. For 2024, management expects over $100 million in annual revenue with gross margin between 22.5% to 27.5%.
Zoned, a GameSquare (Nasdaq:GAME) company, and 5-hour ENERGY are partnering to host Flavor Wars, a Fortnite streamer community competition. This event celebrates Fortnite's 230 million monthly active players and offers fans a chance to represent their favorite streamer for a $10,000 cash prize.
The competition features a custom Unreal Editor for Fortnite (UEFN) map launching on August 13, 2024, at 10:30 a.m. PST. The map is divided into three zones representing 5-hour ENERGY Gamer Shot flavors: Apple Bash, Pineapple Charge, and Rocket Raspberry. Popular streamers CouRage, LEGIQN, and Sparkles_QT will lead teams through 12 rounds of 'Zone Wars' gameplay.
This partnership aims to engage gamers innovatively, aligning with research showing that 72% of 35-54-year-olds and 46% of over 55s game at least once a week. Participants can join using the map code 9664-6397-4487 in Fortnite.
Zoned, a GameSquare Holdings (NASDAQ:GAME) subsidiary, has announced new brand partnerships expected to generate over $3 million in high-margin revenue. The projects include marketing campaigns for Topgolf and DairyMax, along with upcoming collaborations with leading global sports, media, and entertainment companies.
This accelerated deal momentum follows organizational changes, including the promotion of Carlos Tovar as President in April 2024, growth in UEFN campaigns, and a revitalized strategy incorporating media buying. Zoned's success is attributed to its unique platform for engaging hard-to-reach audiences and its integration with GameSquare's technology and IP resources.
GameSquare Holdings, Inc. (NASDAQ:GAME) has announced that it will release its second quarter 2024 financial results after market close on Wednesday, August 14, 2024. The company will host an earnings call via webcast at 5:00 pm ET on the same day. CEO Justin Kenna and other members of the management team will lead the call. Shareholders, investors, and media are invited to join the webcast at the provided link. This announcement sets the stage for GameSquare to share its latest financial performance and potentially discuss future outlook, which could impact investor sentiment and stock performance.
GameSquare Holdings (NASDAQ:GAME) has partnered with the NFL to launch "NFL 4 THE FANS LIVE", a new traveling creator series for the 2024 NFL season. This innovative event series will combine NFL gameday excitement with interactive gaming and creator-driven content, accessible both in-person and online. The multi-city series will coincide with key NFL calendar moments, featuring live streaming capabilities for global fan participation.
Hosted by creators, the events will welcome guests including NFL talent, entertainers, and gaming content creators. The series aims to expand the NFL's reach to youth and gaming audiences, leveraging GameSquare's expertise in production, amplification, and talent management. For brands, this partnership opens up new opportunities for engagement with these communities.
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