Motorsport Games Inc.
MSGM Nasdaq· Services-Prepackaged Software
Last close · Oct 23, 2026
$4.90
KIRA · Stoqly’s AI analyst, in plain words
- Motorsport Games Inc. had $11.3M of revenue in fiscal 2025, up 30.0% on the year before. Over five years, revenue changed −9.9% a year on average.
- Its operating margin was 28.8%, up 48.9 pts: of every 100 in sales, about 29 is left after running the business.
- Motorsport Games Inc. made $6.9M of net profit in fiscal 2025.
- Free cash flow was $4.1M in fiscal 2025, 35.9% of revenue.
Market cap
$25.7M
P/E
11.7x
Revenue
$11.3M
Net income
$6.9M
Free cash flow
$4.1M
Operating margin
28.8%
Motorsport Games Inc. in 30 seconds · fiscal 2025
Are sales growing?
+30.0%
Yes. Sales grew 30.0% last year.
Does it make a profit?
61.3%
Yes. It keeps 61.3% of every sale as profit.
Does profit turn into cash?
35.9%
Yes. 35.9% of sales ends up as free cash.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
11.7x
One share costs 11.7 times its yearly profit per share.
What Motorsport Games Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 10, 2026
- Legal name
- Motorsport Games Inc.
- CIK
- 0001821175
Motorsport Games Inc. · MSGM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $15.1M | $10.3M | $6.9M | $8.7M | $11.3M |
| Revenue growth | −20.8% | −31.5% | −33.1% | 25.7% | 30.0% |
| Net interest income | −$0.5M | −$1.1M | −$0.8M | −$0.1M | −$0.0M |
| Gross margin | 50.1% | 52.0% | 47.6% | 62.9% | 81.5% |
| Operating margin | −229.0% | −339.3% | −236.9% | −20.1% | 28.8% |
| Net income | −$33.2M | −$36.0M | −$14.3M | −$2.8M | $6.9M |
| Net margin | −220.0% | −348.6% | −207.3% | −31.7% | 61.3% |
| Diluted EPS | −$2.91 | $30.73 | −$5.56 | −$0.94 | $1.43 |
| Cash | |||||
| Cash from operations | −$20.9M | −$19.5M | −$13.7M | −$2.8M | $4.1M |
| Capital expenditure | $0.8M | $0.3M | $0.0M | $0.0M | $0.0M |
| Free cash flow | −$21.7M | −$19.8M | −$13.7M | −$2.9M | $4.1M |
| FCF margin | −143.9% | −191.9% | −198.0% | −33.0% | 35.9% |
| Share count change | — | −89.7% | 120.1% | 13.4% | 65.7% |
| Debt and strength | |||||
| Cash and short-term investments | $17.8M | $1.0M | $1.7M | $0.9M | $5.0M |
| Shareholders' equity | $36.7M | $1.5M | $1.0M | $0.5M | $6.8M |
| Current ratio | 2.7x | 0.3x | 0.5x | 0.6x | 2.3x |
| Interest coverage | −68.5x | −30.5x | −21.2x | −14.5x | 172.8x |
| Returns and quality | |||||
| Return on equity | −185.8% | −188.2% | −1,114.6% | −359.2% | 190.5% |
| Return on tangible equity | −291.8% | — | — | — | 230.6% |
| Piotroski F-score | 2 | 4 | 4 | 4 | 5 |
| Altman Z'' | −2.0 | −28.3 | −43.6 | −51.8 | −17.5 |
Insiders bought, 12 months
$0.5M
2 insiders
Insiders sold, 12 months
$5.1M
1 insider
Of sales under plans
27%
$1.3M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Motorsport Games Inc. · MSGM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $4.90 a share, the company is worth $25.7M: 11.7 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001821175). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.