Gamehost Announces Q4 Financial Results, Retirement, and Dividend for March

Core Viewpoint - Gamehost Inc. reported financial results for the year and quarter ended December 31, 2025, showing growth in operating revenue and profit despite challenges in the hotel segment due to lower occupancy rates [1][2]. Financial Performance - Operating revenue for the quarter increased by 4.2% to $22,054,800 compared to $21,160,000 in 2024 [2]. - EBITDA for the quarter rose by 2.7% to $8,518,500, with an EBITDA margin of 38.6%, slightly down from 39.2% in 2024 [2][4]. - Earnings per share for the quarter were $0.28, up from $0.24 in 2024, reflecting a 15.9% increase [2][4]. Yearly Overview - For the twelve months ended December 31, 2025, operating revenue was $84,262,000, a 2.3% increase from $82,395,000 in 2024 [4]. - Gross profit for the year was $34,004,300, up 5.2% from $32,337,300 in 2024 [4]. - Profit and comprehensive profit for the year increased by 9.7% to $21,554,200 compared to $19,652,700 in 2024 [4]. Operational Insights - The hotel segment experienced lower occupancy rates, negatively impacted by a province-wide teachers' strike, which affected weekend travel [3]. - Conversely, gaming activities, particularly during the World Series of Poker event, saw a solid increase in cash play, with Calgary reporting record levels [3]. Leadership Changes - David Will retired as Chairman, CEO, and President, with Darcy J. Will taking over as CEO and President, and James McPherson becoming Chairman of the Board [4]. - David Will will continue to serve as a mentor and advisor to the company [4]. Dividend Declaration - Gamehost declared a regular monthly cash dividend of $0.05 per common share for March 2026, equating to an annualized rate of $0.60 per share [4].