Motorsport Games Inc Financials
Motorsport Games Inc (MSGM) reported $11.3M in revenue for fiscal year 2025, up 30.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Profitability returned through margin expansion and cash conversion, rebuilding liquidity after several years of balance-sheet strain.
The 2025 net margin of61.3% was backed by free cash flow of$4.1M , making the reported profit more economically tangible than in prior loss years rather than merely an accounting improvement.
Gross margin rose from
Cash increased from
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Motorsport Games Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Motorsport Games Inc, and counted as zero in the overall score.
Motorsport Games Inc scores -5.27, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($17.9M) relative to total liabilities ($4.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Motorsport Games Inc passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Motorsport Games Inc generates $0.59 in operating cash flow ($4.1M OCF vs $6.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Motorsport Games Inc earns $172.94 in operating income for every $1 of interest expense ($3.2M vs $19K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Motorsport Games Inc generated $11.3M in revenue in fiscal year 2025. This represents an increase of 30.0% from the prior year.
Motorsport Games Inc's EBITDA was $4.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 420.6% from the prior year.
Motorsport Games Inc reported $6.9M in net income in fiscal year 2025. This represents an increase of 351.7% from the prior year.
Cash & Balance Sheet
Motorsport Games Inc generated $4.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 241.8% from the prior year.
Motorsport Games Inc held $5.0M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Motorsport Games Inc's gross margin was 81.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 18.6 percentage points from the prior year.
Motorsport Games Inc's operating margin was 28.8% in fiscal year 2025, reflecting core business profitability. This is up 48.9 percentage points from the prior year.
Motorsport Games Inc's net profit margin was 61.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 93.0 percentage points from the prior year.
Motorsport Games Inc's ROE was 102.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 657.0 percentage points from the prior year.
Capital Allocation
Motorsport Games Inc invested $1.8M in research and development in fiscal year 2025. This represents a decrease of 47.9% from the prior year.
Motorsport Games Inc invested $12K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 51.8% from the prior year.
Not reported for fiscal year 2025.
MSGM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M-12.2% | $4.0M+4.8% | $3.8M+24.1% | $3.1M+19.6% | $2.6M+47.4% | $1.8M-10.9% | $2.0M+9.5% | $1.8M |
| Cost of Revenue | $644K+24.6% | $517K-10.1% | $575K-3.8% | $598K+31.4% | $455K-2.3% | $465K-56.5% | $1.1M+49.4% | $717K |
| Gross Profit | $2.9M-17.6% | $3.5M+7.4% | $3.3M+30.8% | $2.5M+17.1% | $2.1M+65.3% | $1.3M+43.2% | $903K-16.9% | $1.1M |
| R&D Expenses | $737K+43.3% | $514K+9.7% | $469K+12.0% | $419K+55.0% | $270K-55.1% | $602K+0.7% | $598K-29.6% | $849K |
| SG&A Expenses | $1.3M-22.2% | $1.7M-13.2% | $2.0M+71.2% | $1.1M+32.1% | $865K-26.0% | $1.2M-12.4% | $1.3M-31.5% | $1.9M |
| Operating Income | $638K-39.6% | $1.1M+83.7% | $575K-28.0% | $799K-59.4% | $2.0M+2211.8% | -$93K+85.9% | -$661K+65.8% | -$1.9M |
| Interest Expense | $16K+395.8% | $3K+905.3% | -$398-127.8% | $1K-69.7% | $5K-63.6% | $13K-57.0% | $30K+1.4% | $30K |
| Net Income | $401K+27.1% | $316K-62.4% | $839K+6.3% | $789K-81.5% | $4.3M+309.0% | $1.0M+139.4% | -$2.6M-375.9% | -$555K |
| EPS (Diluted) | $0.08+33.3% | $0.06-45.5% | $0.11-21.4% | $0.14-82.9% | $0.82 | $0.33+136.7% | -$0.90-400.0% | -$0.18 |
Not reported in any period shown, so not listed: Income Tax.
MSGM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.3M-18.4% | $13.9M+16.0% | $12.0M+18.5% | $10.1M+23.9% | $8.2M+34.5% | $6.1M-3.3% | $6.3M-10.1% | $7.0M |
| Current Assets | $6.4M-29.5% | $9.1M+19.5% | $7.6M+19.6% | $6.3M+33.4% | $4.8M+75.0% | $2.7M-2.8% | $2.8M+18.6% | $2.4M |
| Cash & Equivalents | $3.9M-32.6% | $5.9M+17.3% | $5.0M+20.9% | $4.1M+74.5% | $2.4M+125.2% | $1.1M+22.2% | $859K-21.9% | $1.1M |
| Accounts Receivable | $1.7M-23.2% | $2.3M+1.0% | $2.2M+50.4% | $1.5M-6.2% | $1.6M+83.3% | $868K-40.0% | $1.4M+61.9% | $894K |
| Total Liabilities | $6.1M+14.2% | $5.3M+21.3% | $4.4M+32.7% | $3.3M+28.0% | $2.6M-44.4% | $4.6M-7.8% | $5.0M+75.1% | $2.9M |
| Current Liabilities | $3.5M-11.6% | $3.9M+16.1% | $3.4M+2.1% | $3.3M+28.2% | $2.6M-44.5% | $4.6M-7.7% | $5.0M | N/A |
| Total Equity | $3.9M-44.9% | $7.1M+4.1% | $6.8M+15.8% | $5.9M+21.5% | $4.8M+643.1% | $648K+30.7% | $496K-87.9% | $4.1M |
| Retained Earnings | -$84.6M-0.1% | -$84.5M+0.9% | -$85.3M+0.4% | -$85.7M+0.9% | -$86.5M+4.7% | -$90.7M+1.1% | -$91.8M-6.3% | -$86.3M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
MSGM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.1M-32.0% | $1.6M-5.2% | $1.7M+1.0% | $1.7M+644.5% | $232K-38.5% | $377K+134.6% | -$1.1M-60.0% | -$680K |
| Capital Expenditures | $8K-64.1% | $22K+163.1% | $8K | N/A | N/A | N/A | -$130 | $0 |
| Free Cash Flow | $1.1M-31.6% | $1.6M-6.0% | $1.7M | N/A | N/A | N/A | -$1.1M-60.0% | -$680K |
| Investing Cash Flow | -$389K+40.1% | -$650K-45.8% | -$446K-45.3% | -$307K | N/A | N/A | $1.2M | $0 |
| Financing Cash Flow | -$2.7M-4104.2% | -$63K+85.6% | -$440K-339.7% | $184K-88.1% | $1.5M+795.7% | -$222K | $0-100.0% | $884K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
MSGM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 81.8%-5.4pp | 87.2%+2.1pp | 85.0%+4.3pp | 80.7%-1.7pp | 82.5%+8.9pp | 73.5%+27.8pp | 45.8%-14.5pp | 60.3% |
| Operating Margin | 18.0%-8.2pp | 26.2%+11.3pp | 14.9%-10.8pp | 25.8%-50.2pp | 75.9%+81.2pp | -5.3%+28.2pp | -33.5% | -107.1% |
| Net Margin | 11.3%+3.5pp | 7.8%-14.0pp | 21.8%-3.7pp | 25.5% | 164.3% | 59.2% | -133.7% | -30.8% |
| Return on Equity | 10.3%+5.9pp | 4.5%-7.9pp | 12.4%-1.1pp | 13.5%-74.9pp | 88.4%-72.2pp | 160.5%+692.4pp | -531.9%-518.3pp | -13.6% |
| Return on Assets | 3.5%+1.3pp | 2.3%-4.7pp | 7.0%-0.8pp | 7.8%-44.4pp | 52.2%+35.1pp | 17.2%+59.3pp | -42.1%-34.2pp | -8.0% |
| Current Ratio | 1.85-0.5x | 2.32+0.1x | 2.25+0.3x | 1.92+0.1x | 1.85+1.3x | 0.590.0x | 0.56 | N/A |
| Debt-to-Equity | 1.56+0.8x | 0.76+0.1x | 0.65+0.1x | 0.560.0x | 0.54-6.6x | 7.17-3.0x | 10.16+9.5x | 0.70 |
| FCF Margin | 31.5%-8.9pp | 40.4%-4.6pp | 45.0% | N/A | N/A | N/A | -55.1%-17.4pp | -37.7% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
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Where Motorsport Games Inc Ranks
Frequently Asked Questions
What is Motorsport Games Inc's annual revenue?
Motorsport Games Inc (MSGM) reported $11.3M in total revenue for fiscal year 2025. This represents a 30.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Motorsport Games Inc's revenue growing?
Motorsport Games Inc (MSGM) revenue grew by 30.0% year-over-year, from $8.7M to $11.3M in fiscal year 2025.
Is Motorsport Games Inc profitable?
Yes, Motorsport Games Inc (MSGM) reported a net income of $6.9M in fiscal year 2025, with a net profit margin of 61.3%.
What is Motorsport Games Inc's EBITDA?
Motorsport Games Inc (MSGM) had EBITDA of $4.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Motorsport Games Inc's gross margin?
Motorsport Games Inc (MSGM) had a gross margin of 81.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Motorsport Games Inc's operating margin?
Motorsport Games Inc (MSGM) had an operating margin of 28.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Motorsport Games Inc's net profit margin?
Motorsport Games Inc (MSGM) had a net profit margin of 61.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Motorsport Games Inc's return on equity (ROE)?
Motorsport Games Inc (MSGM) has a return on equity of 102.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Motorsport Games Inc's free cash flow?
Motorsport Games Inc (MSGM) generated $4.1M in free cash flow during fiscal year 2025. This represents a 241.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Motorsport Games Inc's operating cash flow?
Motorsport Games Inc (MSGM) generated $4.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Motorsport Games Inc's total assets?
Motorsport Games Inc (MSGM) had $12.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Motorsport Games Inc's capital expenditures?
Motorsport Games Inc (MSGM) invested $12K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Motorsport Games Inc spend on research and development?
Motorsport Games Inc (MSGM) invested $1.8M in research and development during fiscal year 2025.
What is Motorsport Games Inc's current ratio?
Motorsport Games Inc (MSGM) had a current ratio of 2.25 as of fiscal year 2025, which is generally considered healthy.
What is Motorsport Games Inc's debt-to-equity ratio?
Motorsport Games Inc (MSGM) had a debt-to-equity ratio of 0.65 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Motorsport Games Inc's return on assets (ROA)?
Motorsport Games Inc (MSGM) had a return on assets of 57.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Motorsport Games Inc's Altman Z-Score?
Motorsport Games Inc (MSGM) has an Altman Z-Score of -5.27, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Motorsport Games Inc's Piotroski F-Score?
Motorsport Games Inc (MSGM) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Motorsport Games Inc's earnings high quality?
Motorsport Games Inc (MSGM) has an earnings quality ratio of 0.59x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Motorsport Games Inc cover its interest payments?
Motorsport Games Inc (MSGM) has an interest coverage ratio of 172.94x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Motorsport Games Inc?
Motorsport Games Inc (MSGM) scores 62 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.