Motorsport Games Inc (NAS:MSGM)
$ 4.05 +0.17 (+4.38%) Market Cap: 18.59 Mil Enterprise Value: 14.59 Mil PE Ratio: 3.46 PB Ratio: 2.91 GF Score: 53/100

Q2 2025 Motorsport Games Inc Earnings Call Transcript

Aug 13, 2025 / 09:00 PM GMT
Release Date Price: $3.47 (+1.17%)

Key Points

Positve
  • Motorsport Games Inc (MSGM) reported a significant increase in revenues, up by 37.7% compared to the same period in the prior year, driven by strong sales of the Le Mans Ultimate racing title.
  • The company achieved a milestone by generating income from operations for the first time in its history, with a reported income of $2 million in Q2 2025.
  • The subscription service, Race Control, showed impressive growth with a net monthly recurring revenue growth of 296% in June, indicating strong player engagement and retention.
  • Motorsport Games Inc (MSGM) successfully launched version 1.0 of Le Mans Ultimate, setting new records for concurrent and daily active users, demonstrating sustained interest beyond the real-world race event.
  • The company is in late-stage negotiations for a console port of Le Mans Ultimate, potentially expanding its audience to Microsoft Xbox and Sony PlayStation platforms.
Negative
  • Motorsport Games Inc (MSGM) experienced a decrease in NASCAR-related revenues by $0.9 million, as they are no longer authorized to sell this gaming title starting in 2025.
  • Despite the revenue increase, the company still faces cash flow pressures, with cash and cash equivalents at $2.8 million as of July 31, 2025.
  • The company is reliant on the success of Le Mans Ultimate, which may pose a risk if the game fails to maintain its current momentum.
  • There is uncertainty regarding the outcome of negotiations with potential partners for publishing responsibilities and funding for the console port.
  • The company has not provided any forward-looking guidance, which may leave investors uncertain about future performance and strategic direction.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MSGM.OQ - Motorsport Games Inc
Q2 2025 Motorsport Games Inc Earnings Call
Aug 13, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Thank you for standing by and welcome to Motorsport Games Inc.s. 2nd quarter 2025 earnings call. At this time, all participants are in a listen-only mode. Later you'll have the opportunity to ask questions during the question and answer session. You may register to ask a question over the phone at any time by pressing the star in one on your telephone keypad.

As a reminder, today's conference is being recorded. I would now like to turn the conference over to Ben Roster Turner from Motorsport Games. Please go ahead.

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Unidentified_2 [2]
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