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

Q1 2026 Motorsport Games Inc Earnings Call Transcript

May 13, 2026 / 09:00 PM GMT
Release Date Price: $5.07 (-4.70%)

Key Points

Positve
  • Revenues for Q1 2026 more than doubled year-on-year, reaching $4 million.
  • Le Mans Ultimate recorded a new all-time player peak with over 8,800 concurrent players on Steam.
  • Race Control's monthly recurring revenues exceeded $0.2 million, showing strong growth.
  • The company repurchased 904,395 shares of Class A common stock, enhancing corporate governance.
  • Motorsport Games Inc (MSGM) secured a $3 million revolving line of credit from Citibank, providing financial flexibility.
Negative
  • Cash and cash equivalents decreased from $5.9 million to $3.8 million due to share repurchase.
  • The exact timing for the release of Le Mans Ultimate on PlayStation and Xbox remains uncertain, potentially delaying revenue from these platforms.
  • Net income per share decreased from $0.33 in Q1 2025 to $0.06 in Q1 2026.
  • There is a reliance on the success of Le Mans Ultimate and Race Control for revenue growth.
  • The company has not provided forward-looking guidance, creating uncertainty about future financial performance.


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

MSGM.OQ - Motorsport Games Inc
Q1 2026 Motorsport Games Inc Earnings Call
May 13, 2026 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by and welcome to Motorsport Games, Inc.'s First Quarter 2026 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.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you and welcome to Motorsport Games' First Quarter 2026 Earnings Conference Call and Webcast.

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

By now, everyone should
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot