Red Deer, Alberta–(Newsfile Corp. – March 10, 2026) – Gamehost Inc. (TSX: GH)
Management and Directors of Gamehost Inc. (the “Company”) present results for the twelve and three months ended December 31, 2025 (the “Year” and “Quarter” respectively).
Operating revenue for the Quarter was up 4.2% to $22,054,800 ($21,160,000 – 2024). Earnings before interest, taxes, depreciation and amortization (“EBITDA”) were up 2.7% to $8,518,500 ($8,295,600 – 2024). EBITDA margin for the Quarter was 38.6% (39.2% – 2024). Earnings per share for the Quarter was $0.28 ($0.24 – 2024).
It was an off Quarter for hotels with lower occupancy outweighing higher daily rates. Weekend occupancies were impacted by a province wide teachers strike which curtailed all school sports team travel. Quarterly table results on the other hand were boosted by Deerfoot’s World Series of Poker event hosted in October and posted a solid increase over the prior year. Cash play on electronic gaming devices also had a solid showing with Calgary in particular posting record levels of play.
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Gamehost Inc. |
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Financial Highlights |
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Unaudited – Canadian dollars (thousands except per share figures) |
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twelve months ended |
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three months ended |
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2025 |
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2024 |
% Chg. |
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2025 |
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2024 |
% Chg. |
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Operating revenue |
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$ |
84,262.0 |
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$ |
82,395.0 |
2.3% |
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$ |
22,054.8 |
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$ |
21,160.0 |
4.2% |
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Cost of sales |
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Other |
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(46,948.7 |
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(46,721.0 |
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(12,484.4 |
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(12,046.7 |
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Depreciation |
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(3,309.0 |
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(3,336.7 |
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(866.2 |
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(850.4 |
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(50,257.7 |
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(50,057.7 |
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(13,350.6 |
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(12,897.1 |
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Gross profit |
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34,004.3 |
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32,337.3 |
5.2% |
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8,704.2 |
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8,262.9 |
5.3% |
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Lease and other income |
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204.3 |
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225.1 |
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28.2 |
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61.5 |
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Administrative expenses |
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Other |
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(3,968.7 |
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(3,733.8 |
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(1,101.0 |
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(925.4 |
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Depreciation |
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(825.5 |
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(868.3 |
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(206.4 |
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(217.1 |
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(4,794.2 |
) |
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(4,602.1 |
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(1,307.4 |
) |
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(1,142.5 |
) |
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Profit from operating activities |
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29,414.4 |
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27,960.3 |
5.2% |
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7,425.0 |
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7,181.9 |
3.4% |
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Fair value adjustment |
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478.1 |
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– |
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478.1 |
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– |
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Gain on disposal of assets |
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– |
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9.4 |
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– |
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– |
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Net finance costs |
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(1,882.0 |
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(2,433.0 |
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(449.4 |
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(542.9 |
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Profit before income tax |
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28,010.5 |
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25,536.7 |
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7,453.7 |
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6,639.0 |
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Income tax expense |
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(6,456.3 |
) |
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(5,884.0 |
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(1,658.1 |
) |
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(1,540.8 |
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Profit and comprehensive profit |
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21,554.2 |
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19,652.7 |
9.7% |
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5,795.6 |
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5,098.2 |
13.7% |
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Earnings per share |
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Basic and fully diluted |
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$ |
1.04 |
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$ |
0.93 |
11.9% |
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$ |
0.28 |
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$ |
0.24 |
15.9% |
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Weighted average number of common shares outstanding |
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Basic and fully diluted (x 000) |
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20,790.8 |
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21,218.7 |
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20,679.8 |
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21,087.5 |
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EBITDA |
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$ |
33,670.0 |
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$ |
32,377.3 |
4.0% |
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$ |
8,518.5 |
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$ |
8,295.6 |
2.7% |
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EBITDA % |
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40.0% |
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39.3% |
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38.6% |
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39.2% |
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31-Dec-25 |
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31-Dec-24 |
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Cash |
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$ |
15,158.4 |
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$ |
14,393.6 |
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Total assets |
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$ |
174,600.9 |
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$ |
175,838.4 |
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Total debt |
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$ |
31,566.8 |
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$ |
37,393.2 |
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