Gamehost (GH) Q4 2025 earnings summary

Executive summary

• Operating revenue for Q4 2025 increased 4.2% year-over-year to $22.1 million, with full-year revenue up 2.3% to $84.3 million.

• EBITDA for Q4 rose 2.7% to $8.5 million, with a margin of 38.6%; full-year EBITDA was $33.7 million, up 4.0%.

• Earnings per share for Q4 were $0.28, up 15.9% year-over-year; full-year EPS was $1.04, up 11.9%.

• Table games benefited from a major poker event, while hotel occupancy was negatively impacted by a province-wide teachers strike.

Financial highlights

• Q4 gross profit increased 5.3% year-over-year to $8.7 million.

• Profit before income tax for Q4 was $7.5 million, up from $6.6 million in the prior year.

• Cash at year-end was $15.2 million, up from $14.4 million; total debt decreased to $31.6 million from $37.4 million.

• Total assets at year-end were $174.6 million, slightly down from $175.8 million.

Outlook and guidance

• Regular monthly cash dividend of $0.05 per share declared for March 2026, annualized at $0.60 per share.

• Dividend to be paid April 15, 2026, to shareholders of record on March 31, 2026.

• Forward-looking statements caution that actual results may differ due to various factors.