Motorsport Games Inc.

MSGM Communication Services Electronic Gaming & Multimedia

Motorsport Games Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.3 million, up 30.0% from fiscal 2024.

Revenue
+36.6%
EPS
−90.2%
Free cash flow
+381.2%

Quarter to June 2026, against a year earlier

4.28 0.15 −3.39%
Market cap
$19.6M
P/E
10.0×
Fwd P/E
15.3×
Dividend yield
—
F-score
7/9
Altman Z
−5.56
Beneish M
−0.92
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.47
Sold, $m 5.07
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 1 — — — — — 1 1 3 1 — —
Sell — — 2 3 1 — — — — — — —
Insider Ownership 64.08%

Capital & Financial Ratios $m

Size
Market Cap 19.60
Revenue ttm 14.52
Net income ttm 2.78
Free cash flow ttm 6.19
Net debt Q (2.75)
Valuation
P/E 9.95
Forward P/E 15.30
Price / sales 1.40
Forward P/S Powerpack
Price / FCF 4.09
Price / book 3.89
Financial health
Current ratio Q 1.85 (at or above 1.5: strong)
Debt / equity Q 0.23 (at or below 0.5: strong)
Interest coverage Q 40.14
Growth
Revenue growth Q +36.58% (above 0%: growing)
Operating income growth Q −67.57% (below 0%: shrinking)
EPS, this year +79.84% (at or above 15%: strong)
EPS, next year A −71.57% (below 0%: weak)
Revenue, next year A +36.75% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 57.22%
10-year low 10-year high
P/B against its own 10 years 75.70%
10-year low 10-year high
EV/Sales against its own 10 years 62.74%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2 1 5 4
Receivables 1 1 2 2
Inventory — — — —
Other — — — —
4 3 8 6
2023 2024 2025 Q'26
Payables 1 3 1 1
ST’ Debt — — — —
Other 5 1 0 0
8 5 3 3

Compound Annual Growth %

10y 5y 3y
Sales — (9.92%) 3.05%
Cash Flow — 0.10% 0.00%
Earnings — 0.00% 0.00%
Book Value — 36.23% 58.51%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.06 0.08 — — —
’25 0.33 0.82 0.14 0.15 1.43
’24 (0.60) 0.77 (0.19) (0.89) (0.94)
’23 (2.33) (3.02) (1.28) 1.03 (5.56)
’22 (13.00) (6.30) (7.29) (4.17) (30.73)
’21 (13.00) 0.00 0.07 (0.15) (29.10)
’19 — — — (0.04) (2.04)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 4 4 — — —
’25 2 3 3 4 11
’24 3 2 2 2 9
’23 2 2 2 2 7
’22 3 2 1 4 10
’21 2 2 2 8 15
’20 3 4 9 3 19
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 2 1 — — —
’25 0 0 2 2 4
’24 0 (1) (1) (1) (3)
’23 (6) (3) (1) (4) (14)
’22 (6) (6) (5) (3) (20)
’21 (7) (4) (5) (4) (21)
’20 1 2 (2) 3 4
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 2 1 — — —
’25 0 0 1 2 4
’24 0 (1) (1) (1) (3)
’23 (6) (3) (1) (4) (14)
’22 (6) (7) (5) (3) (20)
’21 (7) (5) (6) (5) (22)
’20 1 1 (1) 3 4
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 15 12 19 15 10 7 9 11 15 (3.7%) 15 23 — +43.7%
Gross margin, % — — 64.01 58.75 65.37 50.06 51.96 47.60 62.87 81.47 83.92 +17.5 pt
EBT — — (1) (6) (1) (34) (37) (14) (3) 7 3 n/m
EBT margin, % — — (7.82) (48.57) (3.57) (223.57) (356.82) (207.29) (35.09) 58.41 17.45 +66.2 pt
Net income — 0 (1) (6) (1) (34) (37) (14) (3) 7 3 n/m
Per share, $
Per share, $ Revenue — — 8.46 6.79 10.71 13.25 8.82 2.68 2.97 2.33 3.05 (16.8%)
Earnings — — (1.15) (2.04) — (29.10) (30.73) (5.56) (0.94) 1.43 0.43 n/m
Cash flow — — (0.52) (2.54) 2.28 (18.41) (16.67) (5.30) (0.97) 0.84 1.31 n/m
Capex — — (0.01) (0.06) (0.13) (0.86) (0.25) (0.31) (0.01) 0.00 (0.01) (21.6%)
Free cash flow — — (0.53) (2.60) 2.15 (19.27) (16.92) (5.60) (0.98) 0.84 1.30 n/m
Book value — — 5.37 2.07 0.91 33.38 1.63 0.81 0.42 1.57 1.10 (16.1%)
Shares, m — — 2 2 2 1 1 3 3 5 5 +15.7%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.20 9.95 0.3
P/S — — 326.75 326.75 326.75 2.57 0.79 1.14 0.45 1.36 1.40 123.3
P/B — — 3,851.47 3,851.47 3,851.47 1.02 4.28 3.76 3.19 2.02 3.89 1,446.1
EV/Sales — — 326.54 326.54 326.54 1.38 0.75 0.90 0.36 0.92 1.21 123.0
EV/FCF — — 1,588.08 1,588.08 1,588.08 (0.94) (0.38) (0.42) (0.76) 3.65 3.54 595.7
Cash, $m
Cash, $m Operating cash flow — — (1) (4) 4 (21) (20) (14) (3) 4 6 n/m
Capex — — 0 0 0 (1) 0 (1) 0 0 0 (9.3%)
Free cash flow — — (1) (5) 4 (22) (20) (14) (3) 4 6 n/m
Balance, $m
Balance, $m Working capital — — 2 (2) (4) 16 (9) (4) (2) 4 3 +8.4%
Net debt — — (3) (2) (4) (18) (1) (2) (1) (5) (3) +5.6%
Shareholders’ equity — — 9 4 2 38 2 2 1 8 5 (3.0%)
Returns, %
Returns, % ROA — — (25.66) (25.06) (11.65) (97.41) (103.42) (99.96) (34.35) 75.98 24.09 +101.6 pt
ROIC — — (12.20) (195.86) 0.00 (107.03) (2,368.95) (2,468.61) (298.25) 78.46 76.80 +90.7 pt
ROE — — 156.80 (54.92) (67.20) (167.49) (180.47) (717.40) (166.06) 157.33 43.39 +0.5 pt
People
People Employees — — — 56 96 189 134 71 39 44 — (3.9%)
Revenue/emp, $m — — 0.00 0.21 0.20 0.08 0.08 0.10 0.22 0.26 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Motorsport Games Inc. vs peers in Electronic Gaming & Multimedia (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CTW CTW Cayman $100.7M — — — — −216.27% (below 0%: shrinking) — — Compare
MYPS PLAYSTUDIOS, Inc. $56.2M — (loss-making) — (loss-making) −15.14% (below 0%: shrinking) n/m +281.63% (above 0%: growing) 81.23% (40.41%) Compare
GAME GameSquare Holdings, Inc. $46.3M — (loss-making) — (loss-making) +137.21% (above 0%: growing) n/m −263.32% (below 0%: shrinking) 48.98% (9.26%) Compare
GMHS Gamehaus Holdings Inc. $36.2M 7.1× — −12.33% (below 0%: shrinking) −36.31% (below 0%: shrinking) −52.86% (below 0%: shrinking) 53.77% 3.31% Compare
MSGM Motorsport Games Inc. $19.6M 10.0× 15.3× +36.58% (above 0%: growing) −90.24% (below 0%: shrinking) +381.17% (above 0%: growing) 81.79% 18.03%
SNAL Snail, Inc. $16.3M — (loss-making) 4.9× −11.31% (below 0%: shrinking) n/m +18.27% (above 0%: growing) 39.07% (13.54%) Compare
GIGM GigaMedia Limited $15.5M 17.5× — +245.41% (above 0%: growing) n/m +52.13% (above 0%: growing) 63.21% 21.55% Compare
GDC GD Culture Group Limited $4.6M — (loss-making) — −99.03% (below 0%: shrinking) n/m −512.34% (below 0%: shrinking) 0.00% 0.00% Compare
GXAI Gaxos.ai Inc. $4.0M — (loss-making) — (loss-making) +1,337.08% (above 0%: growing) n/m −47.21% (below 0%: shrinking) 100.00% (75.89%) Compare
Median of peers $26.3M — — −11.31% — −50.03% 53.77% (9.26%)

All 22 Electronic Gaming & Multimedia stocks →

Pay and ownership Proxy statement filed 16 March 2026

Ownership

Directors and executive officers, together 1.50%
Driven Lifestyle Group LLC 69.01%
Sharp Arrow Global Tech Ventures L.P. 12.12%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Motorsport Games Inc. (MSGM) Latest News

5 Oct

21 Aug

Impact 3 · · The Motley Fool transcript

13 May

Impact 4 · · The Motley Fool transcript
Impact 4 · · Benzinga transcript

17 Mar

Impact 4 · · The Motley Fool transcript

12 Mar

26 Jan

7 Nov

Impact 3 · · Associated Press Finance

6 Nov

28 Oct

stockrow.com/MSGM · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com