MSGM on Nasdaq

Motorsport Games Inc.

American prepackaged software services company based in Miami. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

$11.3MRevenue, fiscal 20252
$6.9MNet income, fiscal 20252

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  • TickerMSGM on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • HeadquartersMiramar, Florida1
  • Incorporated inFL3
  • Business address3350 Sw 148Th Avenue, Suite 207, Miramar, Fl 330273
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company3
  • Legal formCorporation

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Restrictions under the Credit Agreement with Citibank may affect our ability to finance our operations.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

81.5%Gross margin2
28.8%Operating margin2
61.3%Net margin2
30.0%Revenue growth, 20252
102.2%Return on equity2
$4.1MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Ingame Revenues brought in 44% of the revenue Motorsport Games Inc. broke down this way in fiscal 2025.

  1. Ingame Revenues$5.0M244%up 125% from 2024
  2. Digital Game Sales$4.5M240%down 20% from 2024
  3. Subscription and Circulation$1.1M210%up 5891% from 2024
  4. Software Development$506.7K24%up 34% from 2024
  5. Other$216.9K22%down 53% from 2024
Products and services by year
Products and services20242025
Ingame Revenues$2.2M$5.0M
Digital Game Sales$5.6M$4.5M
Subscription and Circulation$18.9K$1.1M
Software Development$376.9K$506.7K
Other$464.1K$216.9K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue19¢$2.1M
  • Research and development16¢$1.8M
  • Other costs2¢$252.3K
  • Interest0¢$18.8K
  • Income tax2¢$245.3K
  • Profit61¢$6.9M

Out of $11.3M in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Capital spending0¢$12.1K
  • Kept or used elsewhere100¢$4.1M

Out of $4.1M of cash from operations.2

Financial statements

Revenue567892$11.3M in 2025−5% since 2019
0$5.0M$10.0M$15.0M$20.0M2019: $11.9M$11.9M20192020: $19.0M$19.0M2020+61%2021: $15.1M$15.1M2021−21%2022: $10.3M$10.3M2022−32%2023: $6.9M$6.9M2023−33%2024: $8.7M$8.7M2024+26%2025: $11.3M$11.3M2025+30%
Gross profit567892$9.2M in 2025+32% since 2019
0$5.0M$10.0M$15.0M2019: $7.0M$7.0M20192020: $12.4M$12.4M2020+79%2021: $7.5M$7.5M2021−39%2022: $5.4M$5.4M2022−29%2023: $3.3M$3.3M2023−39%2024: $5.5M$5.5M2024+66%2025: $9.2M$9.2M2025+69%
Operating income567892$3.2M in 2025
-$40.0M-$30.0M-$20.0M-$10.0M0$10.0M2019: -$5.2M-$5.2M20192020: $1.1K$1.1K20202021: -$34.5M-$34.5M20212022: -$35.0M-$35.0M2022+1%2023: -$16.4M-$16.4M2023−53%2024: -$1.7M-$1.7M2024−89%2025: $3.2M$3.2M2025
Net income567892$6.9M in 2025
-$40.0M-$20.0M0$20.0M2019: -$3.6M-$3.6M20192020: -$1.8M-$1.8M2020−51%2021: $288.0K$288.0K20212022: -$36.0M-$36.0M20222023: -$14.3M-$14.3M2023−60%2024: -$2.8M-$2.8M2024−81%2025: $6.9M$6.9M2025

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2025-12-312024-12-31
Revenues$11.3M$8.7M
Cost of revenues$2.1M$3.2M
Gross profit$9.2M$5.5M
Sales and marketing$624.6K$739.1K
Development$1.8M$3.4M
General and administrative$5.1M$6.9M
Depreciation and amortization$47.0K$208.7K
Total operating expenses$7.6M$11.2M
Gain from settlement of license liabilities$3.2M
Other operating income$1.6M$750.0K
Income (loss) from operations$3.2M-$1.7M
Interest expense, net-$18.8K-$120.8K
Other income (expense), net$3.4M-$1.2M
Income (loss) before provision for income taxes$6.6M-$3.0M
Provision for income taxes-$245.3K
Net income (loss)$6.8M-$3.0M
Less: Net loss attributable to non-controlling interest-$83.2K-$295.1K
Net income (loss) attributable to Motorsport Games Inc.$6.9M-$2.8M
Basic$1.43-$0.94
Diluted$1.43-$0.94
Basic4.8M shares2.9M shares
Diluted4.8M shares2.9M shares

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Leadership

Who has led Motorsport Games Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Dmitry Kozko2021–2022
  2. Stephen Hood2023–now

President

  1. Stephen Hood2021–2024

Chief financial officer

  1. Jonathan New2021–2022
  2. John Delta2022
  3. Stanley Beckley2023
  4. Jason Andrew Potter2023
  5. Peter Hansen-Chambers2026–now
2025
Board members and other officers (12)

Former names

  • MOTORSPORT GAMING US LLCSep 4, 2020 to Jan 11, 20213

Timeline

  1. Dec 8, 2023New chief executive Stephen Hood becomes CEO14
  2. Jan 12, 2021New chief executive Dmitry Kozko becomes CEO15

Filings

238 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 95 major events, 48 insider forms, 14 large holders, 2 private raises, 59 other. The latest 20:

  1. Sep 3, 20264 PRIMARY DOCUMENT EDGAR
  2. Aug 31, 20264 PRIMARY DOCUMENT EDGAR
  3. Aug 24, 20264 PRIMARY DOCUMENT EDGAR
  4. Aug 19, 20264 PRIMARY DOCUMENT EDGAR
  5. Aug 14, 202610-Q EDGAR
  6. Aug 14, 20268-K EDGAR
  7. Aug 3, 20264 EDGAR
  8. Aug 3, 20264 EDGAR
  9. Aug 3, 20264 EDGAR
  10. Aug 3, 20264 EDGAR
  11. Aug 3, 20264 EDGAR
  12. Aug 3, 20264 EDGAR
  13. Aug 3, 20264 EDGAR
  14. Jul 23, 20268-K EDGAR
  15. Jul 23, 20268-A12B EDGAR
  16. Jul 23, 20268-K EDGAR
  17. Jul 6, 20264 PRIMARY DOCUMENT EDGAR
  18. Jul 2, 20264 PRIMARY DOCUMENT EDGAR
  19. Jul 2, 20263 PRIMARY DOCUMENT EDGAR
  20. Jul 2, 2026SCHEDULE 13G/A EDGAR

The 238 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

31 open-market trades by officers, directors and large owners since October 2021: 17 buys and 14 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 1, 2026Red Oak Partners, LLC10% ownerBuy2,149$3.95$8.5KForm 4
Aug 31, 2026Red Oak Partners, LLC10% ownerBuy4,554$3.93$17.9KForm 4
Aug 28, 2026Red Oak Partners, LLC10% ownerBuy4,328$3.91$16.9KForm 4
Aug 27, 2026Red Oak Partners, LLC10% ownerBuy3,280$3.90$12.8KForm 4
Aug 21, 2026Red Oak Partners, LLC10% ownerBuy5,212$3.67$19.1KForm 4
Aug 20, 2026Red Oak Partners, LLC10% ownerBuy23,143$3.86$89.3KForm 4
Aug 18, 2026Red Oak Partners, LLC10% ownerBuy19,709$4.00$78.8KForm 4
Aug 17, 2026Red Oak Partners, LLC10% ownerBuy10,404$3.87$40.3KForm 4
Jul 2, 2026Red Oak Partners, LLC10% ownerBuy12,737$4.14$52.7KForm 4
Jul 1, 2026Red Oak Partners, LLC10% ownerBuy3,200$4.07$13.0KForm 4
Jun 30, 2026Red Oak Partners, LLC10% ownerBuy27,744$3.95$109.6KForm 4
Apr 23, 2026ZOI MIKE10% ownerSale904,395$4.11$3.7MForm 4
Mar 10, 2026ZOI MIKE10% ownerSale31,131$4.51$140.4KForm 4
Mar 9, 2026ZOI MIKE10% ownerSale24,720$4.84$119.6KForm 4
Mar 6, 2026ZOI MIKE10% ownerSale29,224$4.70$137.4KForm 4
Mar 5, 2026ZOI MIKE10% ownerSale90,900$4.49$408.1KForm 4
Mar 4, 2026ZOI MIKE10% ownerSale40,535$4.03$163.4KForm 4
Mar 3, 2026ZOI MIKE10% ownerSale11,675$3.77$44.0KForm 4
Mar 2, 2026ZOI MIKE10% ownerSale6,500$3.74$24.3KForm 4
Feb 27, 2026ZOI MIKE10% ownerSale9,603$3.71$35.6KForm 4

All 31 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Apr 11, 2025Raised $2.5 million in a private offering of equity Form D: 5 investors so far Form D
  2. Jul 26, 2024Raised $1 million in a private offering of equity Form D: 2 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Citadel Advisors LLC63,235$252.9K0.0%New
Jane Street Group, LLC62,237$248.9K0.0%−922
Renaissance Technologies LLC56,800$227.2K0.0%+29,200
Vanguard Capital Management LLC39,419$157.7K0.0%+11,308
Two Sigma Investments, LP27,911$111.6K0.0%−6,950
Geode Capital Management, LLC23,952$95.8K0.0%−13,721
Bridgeway Capital Management, LLC17,000$68.0K0.0%New
Dimensional Fund Advisors LP16,814$67.3K0.0%No change
Vanguard Fiduciary Trust Co16,597$66.4K0.0%+11,469
Alliancebernstein L.P.12,216$50.1K0.0%No change
State Street Corp12,423$49.7K0.0%No change
XTX Topco Ltd12,412$49.6K0.0%−6,143
Wells Fargo & Company/mn3,250$13.0K0.0%No change
UBS Group AG1,622$6.5K0.0%−166
SBI Securities Co., Ltd.414$1.7K0.0%−431
Assetmark, Inc250$1.0K0.0%No change
Tower Research Capital LLC (TRC)238$9520.0%New
Osaic Holdings, Inc.108$4320.0%No change
Rockefeller Capital Management L.P.10$400.0%New
Caitong International Asset Management Co., Ltd3$120.0%New

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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