The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | GAME | AREN | ATEX | TSQ |
|---|---|---|---|---|
| Moat Score (0–100) | 26 (highest) | 26 (highest) | 26 (highest) | 25 |
| Pricing power | 38 | 37 | 0 | 48 (highest) |
| Returns on capital | 0 | 0 | 4 | 7 (highest) |
| Balance-sheet safety | 28 | 31 | 100 (highest) | 0 |
| Capital discipline | 44 (highest) | 44 (highest) | 24 | 44 (highest) |
| Margin of safety | No price data | No price data | No price data | No price data |
| Market cap | $34.3M | $47.6M | $1.9B | — |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |