MSGM Research | Milton Maxwell

MSGM

Motorsport Games Inc.

2.7900

+0.0800+2.95%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

14.17M

P/E (TTM)

6.64

Basic EPS (TTM)

0.42

Dividend Yield

Recent Filings

10-Q

11/6/25Nov 6, 2025

8-K

11/6/25Nov 6, 2025

8-K

Stockholders reject warrant exercise

10/24/25Oct 24, 2025

Motorsport Games Inc. held a special stockholder meeting on October 24, 2025, where investors overwhelmingly rejected a proposal to approve exercising 949,310 warrants issued in July 2024 for Class A common stock, with 136,285 votes for and 8,498,874 against. The adjournment proposal to allow further solicitation also failed, 145,961 for versus 8,489,078 against. Warrants remain unexercisable under Nasdaq rules. This setback blocks potential equity influx.

8-K

Exec pay rises, equity stalled

9/5/25Sep 5, 2025

Motorsport Games boosted executive pay amid equity constraints, hiking CEO Stephen Hood's base salary to $485,000 and CFO Stanley Beckley's to $300,000 effective September 1, 2025, plus $50,000 and $30,000 catch-up bonuses for 2024. Board retainers rose to $40,000 annually, with committee roles fetching extra cash, yet no stock options issued in 2024-2025 due to unapproved share increases. No equity available. Directors hold claims for deferred awards upon change of control.

8-K

Q2 revenue surges 37.7%

8/13/25Aug 13, 2025

Motorsport Games reported Q2 2025 revenue of $2.6 million, up 37.7% from $1.9 million last year, fueled by strong Le Mans Ultimate performance and a $0.8 million Wesco settlement. Net income hit $4.2 million, with gross margins jumping to 82.4% from 59.0%, while Adjusted EBITDA swung to $3.7 million profit from a $0.5 million loss. Cash from operations turned positive at $0.3 million over six months. Yet liquidity remains tight; more funding looms.

About

Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; KartKraft, a kart racing simulator; and Le Mans Ultimate, an official game of the FIA World Endurance Championship and 24 Hours of Le Mans. It also organizes and facilitates esports tournaments, competitions, and events for its licensed racing games, as well as on behalf of third-party racing game developers and publishers. The company offers its products for game consoles, personal computer, and mobile platforms through various retail and digital channels, including full-game and downloadable content. The company was founded in 2018 and is headquartered in Miami, Florida. Motorsport Games Inc. operates as a subsidiary of Driven Lifestyle Group LLC.

CEO

Mr. Stephen Hood

IPO

1/13/2021

Website

https://motorsportgames.com

Employees

Sector

Communication Services

Industry

Electronic Gaming & Multimedia