Motorsport Games Inc. Income Statement
MSGM|6 years of annual SEC 10-K data (FY2020-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
Motorsport Games Inc. reported $11M in revenue and $7M in net income for FY2025. Revenue has declined at a 9.9% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -3.42 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $11.3M | $6.9M | $6.9M | $741.0K | $741.0K | $19.0M |
| Cost of Revenue | $2.1M | $3.6M | $3.6M | $7.5M | $6.6M | $6.6M |
| Gross Profit | $9.2M | $3.3M | $3.3M | $7.5M | $12.4M | $12.4M |
| SG&A Expense | $5.1M | $9.4M | $9.4M | $25.4M | $4.3M | $4.3M |
| R&D Expense | $1.8M | $7.2M | $7.2M | $9.6M | $4.6M | $4.6M |
| Operating Income | $3.2M | -$16.4M | -$16.4M | -$34.5M | $1.1K | $1.1K |
| Interest Expense | $18.8K | $773.0K | $773.0K | $504.2K | $717.5K | $717.5K |
| Income Tax | -$245.3K | - | - | - | - | - |
| Net Income | $6.9M | -$14.3M | -$14.3M | -$33.2M | -$1.8M | -$1.8M |
| EPS (Basic) | -$0.94 | -$5.56 | $30.73 | -$29.15 | - | - |
| EPS (Diluted) | -$0.94 | -$5.56 | $30.73 | - | -$2.91 | - |
| Shares Outstanding | 2.9M | 2.6M | 1.2M | - | 11.4M | - |
| Gross Margin | 81.5% | 47.6% | 47.6% | 1018.4% | 1680.1% | 65.4% |
| Operating Margin | 28.8% | -236.9% | -236.9% | -4659.5% | 0.1% | 0.0% |
| Profit Margin | 61.3% | -207.3% | -207.3% | -4475.3% | -237.1% | -9.2% |