Motorsport Games reports preliminary FY2024 revenue $8.5-8.8M; net loss narrows to $2.6-3.0M

Motorsport Games Inc.

2024-FY EPS reported -$0.94 revenue$8,687,462

Preliminary Q4 2024 revenue $1.8-2.1M vs $1.7M in Q4 2023; FY2024 revenue $8.5-8.8M vs $6.9M in FY2023.
Operating expenses fell to $11.1-11.5M in FY2024 from $22.7M in FY2023; net loss improved to $2.6-3.0M from $14.3M.
Le Mans Ultimate surpassed 100,000 net unit sales; new subscription option launched on RaceControl platform.
CEO states the Company is exploring strategic alternatives, including a potential sale or merger, to maximize shareholder value.

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