Motorsport Games Inc. · NASDAQ:MSGM
Motorsport Games — Q1 2025 Earnings Presentation
7 slides from Motorsport Games's earnings presentation, May 9, 2025
Slide 1: Q1 2025 Results
Q1 2025 Results motorsportgames May 9, 2025 This presentation provides select highlights about Motorsport Games Inc.'s results of operations. Please see Motorsport Games’ Q1 2025 Form 10-Q, filed with the SEC and Q1 2025 earnings release for more complete information on the Company’s results of oper
Slide 2: Q1 2025 Highlights
Q1 2025 Highlights Financial Highlights • Q1 2025 Revenues of $1.8 million • Q1 2025 Net Income was $1.0 million • Q1 2025 Adjusted EBITDA of $0.6 million* • Q1 2025 EPS of $0.33 vs. EPS loss of $0.61 for Q1 2024 Key Highlights • Net income attributable to Motorsport Games Inc. of $1.0 million in Q1
Slide 3: Q1 2025 Results
Q1 2025 Results Ee Three Months Ended March 31, 2025 2024 Revenues $ 1,758,453 $ 3,029,036 Cost of revenues 465,386 666,627 Gross profit 1,293,067 2,362,409 Operating expenses: Sales and marketing 97,701 250,386 Development 601,953 1,063,357 General and administrative [1] 1,168,482 2,190,266 Depreci
Slide 4: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures 4
Slide 5: Liquidity
Liquidity • As of March 31, 2025, the Company had cash and cash equivalents of approximately $1.1 million, which increased to $3.1 million as of April 30, 2025. The increase in cash and cash equivalents was primarily due to $2.35 million in net proceeds from a private placement of the Company’s Clas
Slide 6: Legal Disclosures
LEGAL DISCLOSURES This presentation has been prepared by Motorsport Games Inc. (“Motorsport Games,” “us,” “our,” “we” or the “Company”). For additional information regarding the Company, we urge you to read our reports filed with the Securities and Exchange Commission (the “SEC”), including our Annu
Slide 7: Legal Disclosures
LEGAL DISCLOSURES FORWARD-LOOKING STATEMENTS (CONT): Examples of such risks and uncertainties include, but are not limited to: (i) difficulties, delays or less than expected results in achieving the Company’s growth plans, objectives and expectations, including delays in the release of new game feat