Motorsport Games Inc. Reports Strong Q3 2025 Financial Results

In a statement, Stephen Hood, President and CEO of Motorsport Games, expressed his satisfaction with the company's performance, emphasizing the increased revenue driven primarily by the successful launch of their title *Le Mans Ultimate*. The company reported revenues of $3.1 million for Q3 2025, marking a substantial improvement of 71.9% compared to $1.8 million in Q3 2024.

The net income attributable to Class A common stock was reported at $0.14 per share, a significant recovery from a net loss of $0.18 per share in the same quarter of the previous year. This translates to a net income of $0.8 million for Q3 2025, an impressive turnaround of approximately $1.4 million from the net loss of $0.6 million in Q3 2024.

The increase in net income was attributed to a combination of higher revenues and decreased operating expenses, alongside reduced costs of revenues. Despite a decrease of $1.4 million in other operating income, the overall financial performance signals a robust operational efficiency.

Motorsport Games reported exceptional player engagement, with record daily and peak concurrent users for *Le Mans Ultimate*, especially around the game's Version 1.0 release. This heightened engagement was further amplified by the successful introduction of the European Le Mans Series (ELMS) content, which debuted on September 23, 2025.

Looking ahead, Hood announced that the company is in the early stages of producing a console port for *Le Mans Ultimate*, targeting a release between late 2026 and early 2027 for both PlayStation and Xbox platforms. This move is expected to expand the game's reach and enhance revenue streams, leveraging the unique technology developed by Motorsport Games.

As of September 30, 2025, the company reported cash and cash equivalents totaling approximately $4.1 million, which increased to $4.5 million by October 31, 2025. The company had an average positive cash flow of approximately $0.3 million per month during the nine months ending September 30, primarily due to improved profitability and settlement agreements earlier in the year.

Motorsport Games Inc.'s third-quarter results for 2025 showcase a significant upward trajectory in both financial performance and player engagement. With strategic initiatives set to enhance their gaming portfolio and opportunities for growth on console platforms, the company is well-positioned to capitalize on the evolving landscape of the gaming industry.