Motorsport Games Inc.

MSGM

$4.19

+2.66%

2026-09-03 09:49:11 EDT+$0.11

Technology

Electronic Gaming & Multimedia

NASDAQ

Active Trading

Motorsport Games Inc. is an American enterprise primarily focused on the creation and distribution of multi-platform racing video games. The company's operations ...

Price Action of MSGM

$4.19

+2.66%+$0.11

High—

Low—

52W High-24.7%

Rel. vol—

Interval

Range3.6h

Volume—SMA5SMA10

—

Motorsport Games Inc. (NASDAQ: MSGM) is an American enterprise founded in 2018 by Motorsport Network, headquartered in Miami, Florida. The company operates in two primary divisions: Gaming and Esports. It develops and publishes multi-platform racing video games for consoles, PC, and mobile, distributing through physical and digital storefronts, including full ...Motorsport Games Inc. (NASDAQ: MSGM) is an American enterprise founded in 2018 by Motorsport Network, headquartered in Miami, Florida. The company operates in two primary divisions: Gaming and Esports. It develops and publishes multi-platform racing video games for consoles, PC, and mobile, distributing through physical and digital storefronts, including full titles and downloadable content. Notable products include Le Mans Ultimate, rFactor2, and KartKraft, as well as the NASCAR Heat franchise, which was brought in-house in 2018. The company also organizes and produces esports competitions, tournaments, and events, such as the Le Mans Virtual series, supporting both proprietary and third-party racing games. As of December 31, 2025, the company employed 44 full-time employees. Under the leadership of CEO Stephen Hood, who previously served as President, the company has achieved significant financial metrics: revenue per share of $2.487, net income per share of $1.137, and a gross profit margin of 83.8% on a trailing twelve-month basis. The company demonstrates strong operational efficiency with an asset turnover of 0.978 and a return on equity of 101.3%, although its market capitalization stands at approximately $23.47 million. With a focus on innovation and community engagement, Motorsport Games continues to drive forward-thinking and exciting experiences in the racing game and esports industries.ExpandCollapse

Founded

2018

Employees

CEO

Stephen Hood

Full Name

Motorsport Games Inc.

Sector

Technology

Industry

Electronic Gaming & Multimedia

ROE

39.82%

Market Cap

$0.02B

Current Ratio

1.85

WACC

12.85%

ROIC

-36.01%

Contact Information

https://motorsportgames.com

305 507 8799

5972 NE 4th Avenue, Miami, FL 33027

Key Metrics of MSGM

Snapshot

Latest / TTM · 6 periods

Market Cap

$22.65M

ROCE

18.9%

EV / EBITDA

-16.20x

-0.2% YoY

FCF Yield

29.5%

+3.0% YoY

Cash Conversion Cycle

-57.6d

Current Ratio

1.85

Quick take

TTM —

No major risk flags in selected headline metrics.

Financial Highlights of MSGM

Profitability trend

Latest / TTM · 6 periods

Gross Margin

83.6%

Net Margin

16.2%

P/E Ratio

9.35x

n/a

Debt / Equity

0.37

n/a

Current Ratio

1.85

Dividend Yield

0.0%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of MSGM

Upcoming

Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $0.30 · Revenue $15.45M · 1 analysts
Dec 30, 2027
Q4 FY2027 · Estimated results
Est. EPS $0.32 · Revenue $7.66M · 1 analysts
Dec 31, 2027
FY2027 · Estimated annual results
Est. EPS $0.81 · Revenue $23.34M · 1 analysts
Mar 30, 2028
Q1 FY2028 · Estimated results
Est. EPS $-3.73 · Revenue $4.13M · 1 analysts

Recent history

Aug 14, 2026
Q2 FY2026 · Results reported
EPS $0.07 · Revenue $3.54M
View filing
May 13, 2026
Q1 FY2026 · Results reported
EPS $0.06 · Revenue $4.03M
View filing
Mar 10, 2026
FY2025 · Annual results
EPS $1.43 · Revenue $11.30M
View filing
Nov 6, 2025
Q3 FY2025 · Results reported
EPS $0.14 · Revenue $3.10M
View filing
Aug 13, 2025
Q2 FY2025 · Results reported
EPS $0.82 · Revenue $2.59M
View filing
Mar 31, 2025
Q1 FY2025 · Results reported
EPS $0.33 · Revenue $1.76M

Financial Statements of MSGM

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$11.3M	+30.0%	-12.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$6.9M	+351.7%	+27.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+81.1%	+28.9%	-6.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+14.5%	+172.1%	-33.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+61.3%	+293.5%	+44.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$4.1M	+241.8%	+7.0%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+35.9%	+209.1%	+21.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	0.3%	-97.3%	+618.5%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	2.25x	+304.8%	-20.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$12.0M	+90.9%	-18.4%

Actual vs Estimate

A Dec 31Q Dec 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	1.43 vs -1.75	+181.7%	0.07 vs 0.32	-78.1%
Revenue Surprise	$11.3M vs $14.4M	-21.5%	$3.5M vs $7.7M	-53.8%

Insider Transactions of MSGM

Acquisitions (A)

Since Aug 21, 2026

Disposals (D)

Since Aug 21, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Sep 1, 2026	Red Oak Partners, LLC	10 percent owner	Class A common stock	A	1,406	$3.95
Sep 1, 2026	Red Oak Partners, LLC	10 percent owner	Class A common stock	A	743	$3.95
Aug 31, 2026	Red Oak Partners, LLC	10 percent owner	Class A common stock	A	2,979	$3.93
Aug 31, 2026	Red Oak Partners, LLC	10 percent owner	Class A common stock	A	1,575	$3.93
Aug 28, 2026	Red Oak Partners, LLC	10 percent owner	Class A common stock	A	2,831	$3.91

Earnings Call Transcript of MSGM

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Thank you for standing by, and welcome to Motorsport Games Inc. Second Quarter 2026 Earnings Call. As a reminder, today's call is being recorded. I would like to now turn the conference over to Ben Rossiter-Turner from Motorsport Games. Please go ahead. Ben Rossiter-Turner: Thank you, and welcome to Motorsport Games Second Quarter 2026 Earnings Conference Call and Webcast. On today's call is Motorsport Games' Chief Executive Officer, Stephen Hood; and Chief Financial Officer, Peter Hansen-Chambers. By now, everyone should have access to the company's second quarter 2026 earnings press release filed today after market close. This is available on the Investor Relations of Motorsport Games website at www.motorsportgames.com. During the course of this call, management may make forward-looking statements within the meaning of U.S. federal securities laws. These statements are based on management's current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those described in these forward-looking statements. Except as required by law, the company undertakes no obligation to update any forward-looking statements made on this call or to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. Please refer to today's press release and the company's filings with the SEC, including its most recent quarterly report on Form 10-Q for the quarter ended June 30, 2026, for a detailed discussion on certain risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today. In today's conference call, we will refer to certain non-GAAP financial measures, such as adjusted EBITDA as we discuss the second quarter 2026 financial results. You will find a reconciliation of these non-GAAP measures to the most directly comparable GAAP measures as well as other related disclosures in the press release issued earlier today, which is also available on the Investor Relations section of Motorsport Games website at www.motorsportgames.com. And now I'd like to turn over the call to Stephen Hood, Chief Executive Officer of Motorsport Games. Stephen? Stephen Hood: Thank you, Ben. Good afternoon, everyone, and thank you for joining the Motorsport Games Second Quarter 2026 Earnings Call. We're now 6 consecutive quarters into proving that this business works. First half revenue was $7.6 million, up 74% year-on-year, and gross margin expanded to almost 85% from just under 79% a year ago. We're not just growing, we're growing more efficiently. We generated positive operating income for the sixth quarter in a row. Le Mans Ultimate and RaceControl remain the 2 engines behind that. And this quarter, RaceControl took another real step forward, which I'll come back to. Le Mans Ultimate player engagement accelerated in this quarter. We spoke last time about the all-time peak of more than …

Leadership Team of MSGM

4 executives

Name	Title	Compensation	Gender	Year Born	Status
Stephen Hood	CEO, President & Director	USD 316,745	Male	1978	Active
Peter Hansen-Chambers	Chief Financial Officer	USD 260,703	Male	1983	Active
Stanley Beckley	Chief Accounting and Compliance Officer	USD 260,703	Male	1983	Active
Ben Rossiter-Turner	Vice President of Competition	—	Male	—	Active

Recent News of MSGM

Seeking Alpha8/14/2026Neutral

Motorsport Games Inc. (MSGM) Q2 2026 Earnings Call Transcript

GlobeNewsWire8/14/2026Neutral

Motorsport Games Reports Second Quarter 2026 Financial Results

MIRAMAR, Fla., Aug. 14, 2026 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its second quarter ended June 30, 2026.

GlobeNewsWire8/7/2026Neutral

Motorsport Games to Report Second Quarter 2026 Financial Results

MIRAMAR, Fla., Aug. 07, 2026 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”), a racing game developer, publisher and esports ecosystem provider of official motorsport racing series, will report its financial results for the second quarter of 2026 on Friday, August 14, 2026 after market close.

GlobeNewsWire7/22/2026Neutral

Motorsport Games Adopts Limited Duration Stockholder Rights Plan

MIRAMAR, Fla., July 22, 2026 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”), a racing game developer, publisher, and esports ecosystem provider of official motorsport racing series, today announced that its Board of Directors has unanimously approved and adopted a limited duration stockholder rights plan (the “Rights Plan”) and declared a dividend distribution of one right for each outstanding share of the Company's Class A common stock. The Rights Plan is effective immediately and will expire on July 20, 2027, or earlier, as provided in the Rights Plan. The record date for such dividend distribution is August 3, 2026.

GlobeNewsWire6/18/2026Neutral

Motorsport Games Names Peter Hansen-Chambers Chief Financial Officer, Effective July 1, 2026

MIRAMAR, Fla., June 18, 2026 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) ("Motorsport Games" or the "Company"), a racing game developer and publisher is announcing that Peter Hansen-Chambers will join the Company as Chief Financial Officer, effective July 1, 2026.

Historical Employee Count of MSGM

Current

Change

+18.18%

Minimum

Maximum

188

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	26	10-K	Mar 10, 2026	View
Dec 31, 2024	22	10-K	Mar 20, 2025	View
Dec 31, 2023	50	10-K	Apr 1, 2024	View
Dec 31, 2022	133	10-K	Mar 24, 2023	View
Dec 31, 2021	188	10-K	Mar 30, 2022	View

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Motorsport Games Inc.