secwatch.observer — SEC 8-K summary
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Issuer:     Motorsport Games Inc. (MSGM)
CIK:        0001821175
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001493152-25-011906
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821175/000149315225011906/0001493152-25-011906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821175/000149315225011906/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-011906

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer