GameSquare reports ‘accelerating momentum’ around enterprise contract wins

GameSquare Holdings announces accelerating momentum surrounding enterprise contract wins – supporting larger average contracts and a growing pipeline of sales opportunities. Enterprise growth is attributed to the synergistic approach of combining the strengths of GameSquare’s multiple SaaS companies and presenting them as a unified offering in the market. It also reflects the successful integration of Engine Gaming and Stream Hatchet, which is providing cutting-edge solutions to current and future clients. Since the strategic acquisition with Engine Gaming in April 2023, GameSquare has experienced substantial success by strategically integrating the unparalleled capabilities of Stream Hatchet’s business intelligence features and Sideqik’s influencer relationship management functionalities. This combined offering has resulted in the creation of a comprehensive SaaS solution tailored for brands actively engaging in the gaming sector. The strategic move since May has already produced over $275,000 in new contract annual recurring revenue wins for the third quarter, with a gross margin significantly above the Company’s average. In addition, the Company has a current pipeline of over $500,000 of ARR, underscoring the heightened demand for this enhanced offering. Most notably, the average order value of enterprise deals has surged by 186% compared with the same period in 2022.