Motorsport Games Inc. (MSGM) income statement

MSGMNasdaqServices-Prepackaged SoftwareFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 13/3057% below fair value

$3.91−0.37 (-8.64%)

Close on Nov 13, 2026Market cap $17.94MP/E 11.2Yield –

Motorsport Games Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31
Revenue	11	8.69	6.91	10	15	19	12
Cost of Revenue	2.09	3.23	3.62	4.96	7.53	6.60	4.89
Gross Profit	9.20	5.46	3.29	5.36	7.55	12	6.96
Research & Development	1.76	3.38	7.24	10	9.62	4.65	4.78
Selling, General & Admin	5.76	7.62	11	20	32	7.74	6.38
Selling & Marketing	0.62	0.74	1.69	6.17	6.48	3.40	3.77
General & Administrative	5.13	6.88	9.37	14	25	4.34	2.61
Advertising Expenses	0.10	0.10	0.20	–	–	2.79	3.49
Operating Expenses	7.56	11	23	40	42	12	12
Operating Income	3.25	-1.75	-16	-35	-35	0.00	-5.18
Interest Expense	0.02	0.12	0.77	1.15	0.50	0.72	–
Interest & Investment Income	–	–	–	–	–	0.00	0.04
Income from Equity Investments	–	–	–	–	1.37	-0.07	-0.61
Other Non-Operating Income	3.37	-1.18	2.82	-0.67	-0.04	0.11	-0.01
Asset Impairment Charges	–	–	–	4.79	–	–	0.58
Gain (Loss) on Sale of Assets	–	0.00	–	-0.11	–	-0.03	–
Legal Settlements	-0.50	–	–	–	–	–	–
Pretax Income	6.60	-3.05	–	–	–	–	–
Income Tax Expense	-0.25	–	–	–	–	–	–
Net Income incl. Noncontrolling Interests	6.84	-3.05	-14	-37	-34	-0.68	-5.76
Minority Interest in Earnings	-0.08	-0.30	-1.27	-0.85	-0.54	1.08	-2.19
Net Income	6.93	-2.75	-14	-36	-33	-1.76	-3.56
EPS (Basic)(per share)	1.43	-0.94	-5.56	30.73	-29.15	–	–
EPS (Diluted)(per share)	1.43	-0.94	-5.56	30.73	-2.91	–	–
Shares Outstanding (Basic, Weighted)(shares)	4.84	2.92	2.58	1.17	11	–	–
Shares Outstanding (Diluted, Weighted)(shares)	4.84	2.92	2.58	1.17	11	–	–
EBITDA	4.37	0.84	-14	-33	-33	0.72	-4.31
Net Interest Income	-0.02	-0.12	-0.77	-1.15	-0.50	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Sep 30, 2026

Profitability, TTM

Gross margin: 85.6%
Operating margin: 23.0%
Net margin: 12.4%
Return on equity, FY2025: 190.5%

Financial strength

Current ratio: 2.16
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 148.9%

Valuation

P/E ratio: 11.2
Price to sales: 1.18
Price to book: 2.72
Dividend yield: –

See a number that looks wrong?