Motorsport Games Inc (NAS:MSGM)
$ 3.99 +0.11 (+2.84%) Market Cap: 18.31 Mil Enterprise Value: 14.32 Mil PE Ratio: 3.41 PB Ratio: 2.87 GF Score: 53/100

Q3 2025 Motorsport Games Inc Earnings Call Transcript

Nov 6, 2025 / 10:00 PM GMT
Release Date Price: $2.19 (-4.78%)

Key Points

Positve
  • Motorsport Games Inc (MSGM) reported a profit from operations for the second consecutive quarter, indicating a positive financial trend.
  • The company's key gaming product, Le Mans Ultimate, has scaled successfully, improving margins and contributing significantly to revenue growth.
  • Player engagement has increased, with record high concurrent and daily active user counts following the full release of Le Mans Ultimate.
  • The Race Control subscription service has experienced its highest performing quarter to date, driving new levels of engagement.
  • Motorsport Games Inc (MSGM) has increased its cash reserves, with cash on hand rising by $2.2 million from June to October 2025, providing financial stability and opportunities for future investments.
Negative
  • The company experienced a $1 million decrease in NASCAR-related revenues due to the loss of authorization to sell the title starting in 2025.
  • Despite the positive financial results, the exact release date for the console version of Le Mans Ultimate remains uncertain, potentially delaying revenue from this new platform.
  • The company is still in the early stages of financing the console project, indicating potential financial risk if external investment is not secured.
  • There is a reliance on the success of Le Mans Ultimate and its associated services, which could pose a risk if player interest wanes.
  • The company has not provided forward-looking guidance, which may create uncertainty for investors regarding future performance expectations.


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

MSGM.OQ - Motorsport Games Inc
Q3 2025 Motorsport Games Inc Earnings Call
Nov 06, 2025 / 10:00PM 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. 3rd quarter 2025 earnings call.

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

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Unidentified_2 [2]
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Thank you and welcome to Motorsport Games, 3rd quarter 2025 earnings conference call and webcast.

On today's call is Motorsport Games Chief Executive Officer Stephen Hood and Chief Financial Officer, Stanley Beckley.

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