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Gamehost Announces Second Quarter Financial Results and Dividend for August
Newsfile· 2025-08-12 21:01
Core Viewpoint - Gamehost Inc. reported positive financial results for the second quarter of 2025, with increases in operating revenue, EBITDA, and earnings per share, alongside a regular dividend declaration for shareholders [1][2][8]. Financial Performance - Operating revenue for the quarter increased by 2.3% to $20,771,100 compared to $20,303,500 in 2024 [2][6]. - EBITDA rose by 6.2% to $8,489,800 from $7,991,200 in the previous year [2][8]. - Earnings per share for the quarter were $0.25, up from $0.23 in 2024, reflecting a 12.6% increase [2][8]. Segment Performance - The hotel segment experienced double-digit growth, compensating for weaknesses in table holds during the quarter [2]. - Food and beverage sales also showed respectable growth, contributing positively to overall revenue [2]. Shareholder Returns - The company repurchased 198,100 common shares for a total of $2,194,200 and paid dividends amounting to $3,128,500 during the quarter [4]. - A monthly cash dividend of $0.05 per common share was declared for August 2025, equating to an annualized rate of $0.60 per share [8]. Market Context - Despite initial concerns regarding the impact of USA tariff proclamations, Alberta consumers continued to spend positively, favoring Canadian-made or local products [5]. - Federal and provincial governments are actively working to reduce interprovincial trade barriers, which may stimulate long-term investment decisions beneficial to Alberta [5].
Gamehost Announces Regular Monthly Dividend for July
Newsfile· 2025-07-21 14:00
Group 1 - Gamehost Inc. has declared a cash dividend of $0.05 (CDN) per common share for July 2025, which annualizes to $0.60 (CDN) per common share [1] - The dividend will be paid on August 15, 2025, to shareholders of record on July 31, 2025 [1] - This dividend is classified as an "Eligible Dividend," making it eligible for enhanced gross-up and dividend tax credit for Canadian shareholders [2] Group 2 - Gamehost operates various facilities in Alberta, including the Rivers Casino & Entertainment Centre, Great Northern Casino, Service Plus Inns & Suites, Encore Suites hotels, and Deerfoot Inn & Casino [3] - The company's common shares are traded on the Toronto Stock Exchange (TSX) under the symbol GH [4]