Motorsport Games Q2 2025 net income $4.3M, revenue up 37.7% YoY; Adjusted EBITDA turns positive

Motorsport Games Inc.

2025-Q2 EPS reported $1.26 revenue$4,350,293

Net income attributable to MSGM of $4.3M (EPS $0.82) vs $2.1M (EPS $0.77) YoY, up 102%.
Revenue $2.6M, up 37.7% from $1.9M; gross margin improved to 82.4% from 59.0%.
Adjusted EBITDA of $3.7M vs loss of $0.5M in prior year; drove $4.2M improvement.
Cash from operations positive $0.3M in H1; cash $2.4M at June 30, growing to $2.8M at July 31.
Le Mans Ultimate V1.0 launched July 22; ELMS expansion DLC planned for end of Q3 2025.

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