Motorsport Games Inc
NASDAQ:MSGM
Motorsport Games Inc
Motorsport Games, Inc. engages in developing, publishing and provides esports ecosystem of official motorsport racing series throughout the world. The company is headquartered in Miami, Florida and currently employs 188 full-time employees. The company went IPO on 2021-01-13. The firm provides multi-platform racing video games for game console, personal computer (PC) and mobile platforms through retail and digital channels. The firm is a provider of official video games for NASCAR, INDYCAR, Le Mans and BTCC. The Company’s segments include Gaming segment and Esports segment. Gaming segment is engaged in the development and publishing of interactive racing video games, entertainment content and services. Esports segment provides esports tournaments, competitions and events for its licensed racing games as well as on behalf of third-party video game racing series and other video game publishers. The firm is a video game developer and publisher of other racing games including, rFactor 2 simulation platform and KartKraft, the PC kart racing simulator.
Motorsport Games, Inc. engages in developing, publishing and provides esports ecosystem of official motorsport racing series throughout the world. The company is headquartered in Miami, Florida and currently employs 188 full-time employees. The company went IPO on 2021-01-13. The firm provides multi-platform racing video games for game console, personal computer (PC) and mobile platforms through retail and digital channels. The firm is a provider of official video games for NASCAR, INDYCAR, Le Mans and BTCC. The Company’s segments include Gaming segment and Esports segment. Gaming segment is engaged in the development and publishing of interactive racing video games, entertainment content and services. Esports segment provides esports tournaments, competitions and events for its licensed racing games as well as on behalf of third-party video game racing series and other video game publishers. The firm is a video game developer and publisher of other racing games including, rFactor 2 simulation platform and KartKraft, the PC kart racing simulator.
Revenue Growth: Q3 revenue rose to $3.1 million, up 71.9% year-over-year, driven by strong sales of the Le Mans Ultimate game and its DLC.
Profitability: The company posted net income of $0.8 million for Q3, marking its second consecutive quarter of operational profit.
Cash Position: Cash and cash equivalents increased by $2.2 million from June to October 2025, reaching $4.5 million at October 31.
Product Momentum: Le Mans Ultimate exited Early Access with record user engagement and is expanding with new downloadable content.
Console Development: Work has begun on bringing Le Mans Ultimate to PlayStation and Xbox, targeting a late 2026 or early 2027 release.
RaceControl Growth: The RaceControl subscription platform had its best quarter ever, with rising engagement and new features.
Financial Stability: The "going concern" warning was removed from financial statements, reflecting improved financial health.
