7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 9.9% per year over the past 5 years.
Operating margin has expanded, at 28.8% in the latest year.
Free cash flow has grown 0.7% per year over the past 5 years.
Financial health
Operating income covered interest expense 173× in the latest year, up from 0.0× 5 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$11M
$7M
81.5%
28.8%
$4M
—
$5M
2024
$9M
-$3M
62.9%
-20.1%
-$3M
—
$859271
2023
$7M
-$14M
47.6%
-236.9%
-$14M
—
$2M
2022
$10M
-$36M
52.0%
-339.3%
-$20M
—
$979306
2021
$15M
$288000
50.1%
-229.0%
-$22M
—
$18M
2020
$19M
-$2M
65.4%
0.0%
$4M
—
$4M
2019
$12M
-$4M
58.7%
-43.7%
-$5M
—
$2M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$4M
$315827
87.2%
26.2%
$2M
—
$6M
Dec '25
$4M
$839313
85.0%
14.9%
$2M
—
$5M
Sep '25
$3M
$789296
80.7%
25.8%
—
—
$4M
Jun '25
$3M
$4M
82.4%
75.9%
—
—
$2M
Mar '25
$2M
$1M
73.5%
-5.3%
—
—
$1M
Dec '24
$2M
-$3M
45.8%
-33.5%
-$1M
—
$859271
Sep '24
$2M
-$554580
60.2%
-107.2%
-$680295
—
$1M
Jun '24
$2M
$2M
59.0%
109.4%
—
—
$300000
Mar '24
$3M
-$2M
78.0%
-40.1%
—
—
$500000
Dec '23
$2M
$3M
61.4%
18.2%
-$4M
—
$2M
Sep '23
$2M
-$4M
50.9%
-157.3%
-$1M
—
$1M
Jun '23
$2M
-$8M
50.2%
-494.6%
-$3M
—
$2M
Mar '23
$2M
-$5M
27.8%
-312.9%
-$6M
—
$6M
Dec '22
$4M
-$5M
60.6%
-137.5%
-$3M
—
$979306
Sep '22
$1M
-$9M
50.7%
-617.5%
-$5M
—
$3M
Jun '22
$2M
-$7M
57.4%
-332.8%
-$7M
—
$5M
Mar '22
$3M
-$15M
39.4%
-469.7%
-$6M
—
$12M
Dec '21
$8M
-$7M
40.5%
-82.5%
-$4M
—
$18M
Sep '21
$2M
-$7M
55.6%
-298.7%
-$6M
—
$22M
Jun '21
$2M
-$6M
59.5%
-266.8%
-$5M
—
$28M
Valuation over time
How the market has priced MSGM against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 2.5× (Dec '25) to 3.1× (Jun '26).
The price-to-sales ratio has fallen from 3.0× (Mar '23) to 1.9× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is MSGM growing its revenue and profit?
Over the past 5 years, Motorsport Games Inc.'s revenue has declined 9.9% per year. These are computed facts, not advice.
How much debt does MSGM have?
As of FY2025, Motorsport Games Inc. reported — of total debt against $5M of cash; operating income covered interest expense 173×.
What is MSGM's profit margin?
In FY2025, gross margin was 81.5%, operating margin 28.8%, and net margin 61.3%.
What is MSGM's P/E ratio?
As of Jun '26, Motorsport Games Inc. traded at a price-to-earnings ratio of about 3.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.