Gamehost Announces Third Quarter Financial Results and Dividend for November

Core Insights - Gamehost Inc. reported its financial results for the third quarter and nine months ended September 30, 2025, showing a slight decline in operating revenue but stable earnings metrics [1][2]. Financial Performance - Operating revenue for Q3 2025 was $20,213,800, down 0.8% from $20,384,200 in Q3 2024 [2]. - EBITDA for the quarter was nearly flat at $8,147,500, compared to $8,169,700 in the previous year, resulting in an EBITDA margin of 40.3%, slightly up from 40.1% in 2024 [2][6]. - Earnings per share for Q3 2025 increased to $0.25 from $0.24 in Q3 2024, reflecting a year-over-year growth of 3.6% [2][6]. Year-over-Year Comparisons - For the nine months ended September 30, 2025, operating revenue increased by 1.6% to $62,207,100 from $61,235,000 in 2024 [6]. - Gross profit for the nine months rose by 5.1% to $25,300,100, while profit from operating activities increased by 5.8% to $21,989,400 [6][8]. - Net profit for the nine months was $15,758,600, an increase of 8.3% compared to $14,554,500 in the same period of 2024 [6][8]. Operational Developments - The company completed a refresh program for all properties, which began in 2020, enhancing the overall customer experience [4]. - The investment property in Grande Prairie is now fully leased, with new food operators expected to start operations before year-end [4]. Market Context - The company noted that cash play on electronic gaming devices is at record levels in Alberta, benefiting from robust population growth [3]. - Despite global trade and tariff uncertainties, Alberta's economy is projected to remain strong through 2025 and 2026 [5]. Dividend Announcement - Gamehost declared a regular monthly cash dividend of $0.05 per common share for November 2025, equating to an annualized rate of $0.60 per share [6].