MSGM
Motorsport Gaming Us LLC
NASDAQ: MSGM · COMMUNICATION SERVICES · ELECTRONIC GAMING & MULTIMEDIA
$4.30
-0.69% today
Updated 2026-04-30
Market cap
$16.78M
P/E ratio
2.81
P/S ratio
1.49x
EPS (TTM)
$1.43
Dividend yield
—
52W range
$2 – $5
Volume
0.1M
Motorsport Gaming Us LLC (MSGM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.76M | $11.85M | $19.05M | $15.08M | $10.32M | $6.91M | $8.69M | $11.30M |
| Revenue growth (YoY) | — | -19.7% | +60.7% | -20.8% | -31.5% | -33.1% | +25.7% | +30.0% |
| Cost of revenue | $5.60M | $4.89M | $6.60M | $7.53M | $4.96M | $3.62M | $3.23M | $2.14M |
| Gross profit | $9.16M | $6.96M | $12.45M | $7.55M | $5.36M | $3.29M | $5.46M | $9.16M |
| Gross margin | 62.1% | 58.7% | 65.4% | 50.1% | 52.0% | 47.6% | 62.9% | 81.1% |
| R&D | $3.79M | $4.78M | $4.65M | $9.62M | $10.42M | $7.24M | $3.38M | $1.76M |
| SG&A | $2.75M | $2.61M | $4.34M | $25.38M | $13.76M | $9.37M | $6.88M | $5.13M |
| Operating income | $-689210.00 | $-5.18M | $1147.00 | $-34.53M | $-35.03M | $-16.37M | $-1.75M | $1.64M |
| Operating margin | -4.7% | -43.7% | 0.0% | -229.0% | -339.3% | -236.9% | -20.1% | 14.5% |
| EBITDA | $-665761.00 | $-4.89M | $757823.00 | $-31.42M | $-33.63M | $-11.43M | $-337877.00 | $2.76M |
| EBITDA margin | -4.5% | -41.3% | 4.0% | -208.4% | -325.7% | -165.5% | -3.9% | 24.5% |
| EBIT | $-1.13M | $-5.76M | $37644.00 | $-33.20M | $-35.69M | $-13.55M | $-2.93M | $1.64M |
| Interest expense | $0.00 | $0.00 | $718837.00 | $504156.00 | $1.15M | $772989.00 | $120757.00 | $18786.00 |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-2.01M | $-3.56M | $-1.76M | $-33.16M | $-35.99M | $-14.32M | $-2.75M | $6.93M |
| Net income growth (YoY) | — | -77.3% | +50.7% | -1787.8% | -8.5% | +60.2% | +80.8% | +351.7% |
| Profit margin | -13.6% | -30.1% | -9.2% | -220.0% | -348.6% | -207.3% | -31.7% | 61.3% |