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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$11M
$7M
81.5%
28.8%
102.2%
57.9%
$4M
—
$5M
2024
$9M
-$3M
62.9%
-20.1%
-554.7%
-43.9%
-$3M
—
$859271
2023
$7M
-$14M
47.6%
-236.9%
-1382.0%
-146.8%
-$14M
—
$2M
2022
$10M
-$36M
52.0%
-339.3%
-2346.6%
-190.4%
-$20M
—
$979306
2021
$15M
$288000
50.1%
-229.0%
0.8%
0.6%
-$22M
—
$18M
2020
$19M
-$2M
65.4%
0.0%
170.6%
-10.1%
$4M
—
$4M
2019
$12M
-$4M
58.7%
-43.7%
—
-27.9%
-$5M
—
$2M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Jun '26
$4M
$401463
81.8%
18.0%
10.3%
3.5%
$1M
—
$4M
Mar '26
$4M
$315827
87.2%
26.2%
4.5%
2.3%
$2M
—
$6M
Dec '25
$4M
$839313
85.0%
14.9%
12.4%
7.0%
$2M
—
$5M
Sep '25
$3M
$789296
80.7%
25.8%
13.5%
7.8%
—
—
$4M
Jun '25
$3M
$4M
82.4%
75.9%
88.4%
52.2%
—
—
$2M
Mar '25
$2M
$1M
73.5%
-5.3%
160.5%
17.2%
—
—
$1M
Dec '24
$2M
-$3M
45.8%
-33.5%
-531.8%
-42.1%
-$1M
—
$859271
Sep '24
$2M
-$554580
60.2%
-107.2%
-13.5%
-8.0%
-$680295
—
$1M
Jun '24
$2M
$2M
59.0%
109.4%
49.0%
29.2%
—
—
$300000
Mar '24
$3M
-$2M
78.0%
-40.1%
-80.9%
-16.9%
—
—
$500000
Dec '23
$2M
$3M
61.4%
18.2%
267.2%
28.4%
-$4M
—
$2M
Sep '23
$2M
-$4M
50.9%
-157.3%
-863.8%
-31.2%
-$1M
—
$1M
Jun '23
$2M
-$8M
50.2%
-494.6%
-250.6%
-61.6%
-$3M
—
$2M
Mar '23
$2M
-$5M
27.8%
-312.9%
-45.9%
-23.1%
-$6M
—
$6M
Dec '22
$4M
-$5M
60.6%
-137.5%
-321.6%
-26.1%
-$3M
—
$979306
Sep '22
$1M
-$9M
50.7%
-617.5%
-126.8%
-41.0%
-$5M
—
$3M
Jun '22
$2M
-$7M
57.4%
-332.8%
-50.1%
-29.6%
-$7M
—
$5M
Mar '22
$3M
-$15M
39.4%
-469.7%
-69.4%
-45.1%
-$6M
—
$12M
Dec '21
$8M
-$7M
40.5%
-82.5%
-19.1%
-13.8%
-$4M
—
$18M
Sep '21
$2M
-$7M
55.6%
-298.7%
-15.0%
-11.9%
-$6M
—
$22M
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 2.1× (Dec '25) to 3.3× (Nov '26).
The price-to-sales ratio has fallen from 2.5× (Mar '23) to 2.0× (Nov '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?
Motorsport Games Inc.'s P/E (TTM) is 9.68 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MSGM stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 3.3× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.