The earnings call reflects a positive turnaround for Motorsport Games, highlighted by record revenues from Le Mans Ultimate, substantial growth in subscription services, and the first-ever positive income from operations. Despite the loss of NASCAR revenues and limited cash reserves, the company has shown significant improvements in its financial and operational metrics.

Company Guidance -

Q3 2025

During the second quarter of 2025 earnings call for Motorsport Games, key metrics were highlighted showcasing the company's significant progress. Revenues increased by 37.7% to $2.6 million, driven by sales of the Le Mans Ultimate Racing title and its DLCs, alongside a boost from their Race Control platform. Net income saw an impressive 103% rise to $4.2 million, marking the first quarter in the company's history with positive income from operations, aided by settlements totaling $1.3 million. The adjusted EBITDA improved significantly to $3.7 million from a loss of $0.5 million in the prior year. The company also reported a substantial increase in player engagement, with over 6,000 drivers registering for Le Mans Virtual, and a quick ratio of 4.66, indicating strong subscription growth. Cash and cash equivalents grew to $2.8 million by the end of July 2025. These metrics underscore the effectiveness of Motorsport Games' strategic focus on their Le Mans Ultimate title and the successful integration of SaaS offerings through the Race Control platform.

Record Game Revenues for Le Mans Ultimate

The month of June delivered record game revenues, with new concurrent and daily active user records set, demonstrating strong continued interest in the product.

Significant Revenue and Net Income Growth

Revenues for the quarter were $2.6 million, up 37.7% from the prior year, and net income increased by 103%, despite the discontinuation of NASCAR revenues.

Successful Launch of Subscription Service

RaceControl, the subscription service, showed net monthly recurring revenue growth of 296% in June, with a quick ratio of 4.66, indicating significant growth.

First Positive Income from Operations

Q2 2025 marked the first quarter in the company's history to generate income from operations, totaling $2 million.

Expansion of Le Mans Ultimate

Announced expansion to include European Le Mans series, adding new venues and cars, which excited fans and contributed to product visibility.

Strong SaaS Component Growth

The subscription service contributed significantly to the business, with an annual recurring revenue of approximately $972,000 and monthly recurring revenue of $81,000.

Motorsport Games (MSGM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MSGM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 14, 2025	2025 (Q3)	- / -	0	―	―	―
Aug 13, 2025	2025 (Q2)	- / 0.82	0.87	-5.75% (-0.05)
May 09, 2025	2025 (Q1)	- / 0.33	-0.6	155.00% (+0.93)
Mar 20, 2025	2024 (Q4)	- / -0.89	1.35	-165.93% (-2.24)
Nov 14, 2024	2024 (Q3)	- / 0.00	-1.28	―
Aug 09, 2024	2024 (Q2)	0.69 / 0.87	-3.02	128.81% (+3.89)
May 07, 2024	2024 (Q1)	- / -	-2.33	―
Apr 01, 2024	2023 (Q4)	-0.78 / -0.60	-2.33	74.25% (+1.73)
Nov 07, 2023	2023 (Q3)	-1.72 / -1.28	-7.29	82.44% (+6.01)
Aug 21, 2023	2023 (Q2)	-1.92 / -3.02	-6.3	52.06% (+3.28)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MSGM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$3.47	$3.08	-11.24%
May 09, 2025	$2.49	$2.38	-4.42%
Mar 20, 2025	$1.22	$1.21	-0.82%
Nov 14, 2024	$1.23	$1.11	-9.76%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Motorsport Games (MSGM) report earnings?

Motorsport Games (MSGM) is schdueled to report earning on Nov 14, 2025, After Close (Confirmed).

What is Motorsport Games (MSGM) earnings time?

Motorsport Games (MSGM) earnings time is at Nov 14, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MSGM EPS forecast?

Currently, no data Available

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