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Motorsport Games, Inc. (MSGM)
:MSGM
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.87Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 09, 2025
|% Change Since: 12.05%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were notable improvements in net income and adjusted EBITDA, alongside a significant investment boosting market confidence, the company faced challenges with a substantial revenue decline and ongoing liquidity issues.Company Guidance
During the first quarter of 2025 earnings call, Motorsport Games Inc. provided updates on various financial and operational metrics. The company reported revenues of $1.8 million, reflecting a 41.9% decrease from the same period in the prior year, mainly due to a $1.5 million drop in NASCAR-related revenues. However, sales of the Le Mans Ultimate title increased by $0.4 million compared to 2024. Despite the revenue decline, net income improved to $1.0 million from a net loss of $1.7 million in the previous year, driven by a $1.7 million reduction in operating expenses and other financial adjustments. Adjusted EBITDA was $0.6 million, an improvement of $1.6 million. The company also received a $2.5 million investment led by Pimax, which contributed to an increase in cash and cash equivalents to $3.1 million by the end of April 2025, up from $1.1 million at the end of March. Motorsport Games continues to explore strategies for expanding its product portfolio and addressing liquidity challenges, including potential equity and debt financing.Positive Investment and Market Confidence
Motorsport Games announced a $2.5 million investment led by virtual reality headset manufacturers, Pimax, which increased market confidence as shares traded more than 2.5x higher.
Net Income Improvement
Net income for Q1 2025 was $1.0 million compared to a net loss of $1.7 million in the prior year, representing an improvement of $2.7 million.
Adjusted EBITDA Turnaround
Adjusted EBITDA was $0.6 million for Q1 2025 compared to a loss of $1.0 million in the previous year, marking an improvement of $1.6 million.
Le Mans Ultimate Revenue Growth
Le Mans Ultimate racing title generated $0.4 million higher net revenues in Q1 2025 compared to the same period last year, despite being the release quarter in 2024.
Cash Flow and Liquidity Improvement
Cash and cash equivalents increased to $3.1 million by April 30, 2025, up from $1.1 million as of March 31, 2025, after private placement proceeds.
MSGM Earnings History
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 |
|---|---|---|---|
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% |
Aug 09, 2024 | $1.80 | $1.62 | -10.00% |
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, Inc. (MSGM) report earnings?
Motorsport Games, Inc. (MSGM) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Motorsport Games, Inc. (MSGM) earnings time?
Motorsport Games, Inc. (MSGM) earnings time is at Aug 06, 2025, TBA Not 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