Motorsport Games (MSGM)
Market Price (6/13/2026): $4.38 | Market Cap: $23.9 MilSector: Communication Services | Industry: Interactive Home Entertainment
Motorsport Games (MSGM)
Market Price (6/13/2026): $4.38Market Cap: $23.9 MilSector: Communication ServicesIndustry: Interactive Home Entertainment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 26%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 22%, FCF Yield is 17% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -23% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 83% Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 33% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29% | Weak multi-year price returns3Y Excs Rtn is -75% | High stock price volatilityVol 12M is 116% Key risksMSGM key risks include [1] severe financial distress raising substantial doubt about its ability to continue as a going concern, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 26%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 22%, FCF Yield is 17% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -23% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 83% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 33% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29% |
| Weak multi-year price returns3Y Excs Rtn is -75% |
| High stock price volatilityVol 12M is 116% |
| Key risksMSGM key risks include [1] severe financial distress raising substantial doubt about its ability to continue as a going concern, Show more. |
Qualitative Assessment
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Motorsport Games (MSGM) stock has gained about 10% since 2/28/2026 because of the following key factors:
1. Strong Fiscal Year 2025 Financial Performance: Motorsport Games reported a significant financial turnaround for fiscal year 2025, culminating in strong fourth-quarter 2025 results announced on March 10, 2026. The company achieved full-year 2025 revenue of $11.3 million, marking a 30% increase year-over-year, and a net income of $6.8 million, or $1.43 per share, a substantial improvement from a $3.0 million loss in fiscal year 2024. Additionally, adjusted EBITDA for 2025 reached $7.3 million.
2. Strategic Share Repurchase and Enhanced Corporate Governance: On April 27, 2026, Motorsport Games announced a share repurchase agreement, buying back 904,395 Class A shares at $4.11 per share for a total of $3.72 million from Driven Lifestyle Group LLC. This move was coupled with the retirement of all Class B shares, which previously held 10x voting power, thereby establishing equal voting rights for all shareholders and significantly strengthening corporate governance.
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Stock Movement Drivers
Fundamental Drivers
The 11.8% change in MSGM stock from 2/28/2026 to 6/12/2026 was primarily driven by a 44.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282026 | 6122026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.90 | 4.36 | 11.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9 | 14 | 44.0% |
| Net Income Margin (%) | 36.6% | 45.7% | 24.9% |
| P/E Multiple | 6.2 | 3.8 | -37.8% |
| Shares Outstanding (Mil) | 5 | 5 | 0.0% |
| Cumulative Contribution | 11.8% |
Market Drivers
2/28/2026 to 6/12/2026| Return | Correlation | |
|---|---|---|
| MSGM | 11.8% | |
| Market (SPY) | 8.4% | 8.7% |
| Sector (XLC) | -5.1% | 8.3% |
Fundamental Drivers
The 56.3% change in MSGM stock from 11/30/2025 to 6/12/2026 was primarily driven by a 44.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 11302025 | 6122026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.79 | 4.36 | 56.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9 | 14 | 44.0% |
| Net Income Margin (%) | 36.6% | 45.7% | 24.9% |
| P/E Multiple | 4.4 | 3.8 | -13.1% |
| Shares Outstanding (Mil) | 5 | 5 | 0.0% |
| Cumulative Contribution | 56.3% |
Market Drivers
11/30/2025 to 6/12/2026| Return | Correlation | |
|---|---|---|
| MSGM | 56.3% | |
| Market (SPY) | 9.2% | 3.4% |
| Sector (XLC) | -2.6% | 7.1% |
Fundamental Drivers
The 41.1% change in MSGM stock from 5/31/2025 to 6/12/2026 was primarily driven by a 83.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312025 | 6122026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.09 | 4.36 | 41.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 14 | 83.0% |
| P/S Multiple | 1.3 | 1.8 | 32.2% |
| Shares Outstanding (Mil) | 3 | 5 | -41.7% |
| Cumulative Contribution | 41.1% |
Market Drivers
5/31/2025 to 6/12/2026| Return | Correlation | |
|---|---|---|
| MSGM | 41.1% | |
| Market (SPY) | 27.3% | 9.7% |
| Sector (XLC) | 11.5% | 6.4% |
Fundamental Drivers
The 2.5% change in MSGM stock from 5/31/2023 to 6/12/2026 was primarily driven by a 64.2% change in the company's P/S Multiple.| (LTM values as of) | 5312023 | 6122026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.25 | 4.36 | 2.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9 | 14 | 55.4% |
| P/S Multiple | 1.1 | 1.8 | 64.2% |
| Shares Outstanding (Mil) | 2 | 5 | -59.8% |
| Cumulative Contribution | 2.5% |
Market Drivers
5/31/2023 to 6/12/2026| Return | Correlation | |
|---|---|---|
| MSGM | 2.5% | |
| Market (SPY) | 84.5% | 7.3% |
| Sector (XLC) | 85.4% | 8.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MSGM Return | -90% | -88% | -26% | -57% | 137% | 32% | -99% |
| Peers Return | -20% | -42% | 106% | -23% | -7% | -5% | -36% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| MSGM Win Rate | 8% | 33% | 42% | 42% | 50% | 67% | |
| Peers Win Rate | 40% | 33% | 58% | 46% | 44% | 38% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| MSGM Max Drawdown | - | -94% | -94% | -68% | -48% | -28% | |
| Peers Max Drawdown | -46% | -52% | -39% | -43% | -47% | -31% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EA, TTWO, CRSR, SLE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/12/2026 (YTD)
How Low Can It Go
| Event | MSGM | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -35.9% | -18.8% |
| % Gain to Breakeven | 55.9% | 23.1% |
| Time to Breakeven | 9 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -43.6% | -7.8% |
| % Gain to Breakeven | 77.2% | 8.5% |
| Time to Breakeven | 245 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -34.0% | -9.5% |
| % Gain to Breakeven | 51.6% | 10.5% |
| Time to Breakeven | 532 days | 24 days |
In The Past
Motorsport Games's stock fell -35.9% during the 2025 US Tariff Shock. Such a loss loss requires a 55.9% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | MSGM | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -35.9% | -18.8% |
| % Gain to Breakeven | 55.9% | 23.1% |
| Time to Breakeven | 9 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -43.6% | -7.8% |
| % Gain to Breakeven | 77.2% | 8.5% |
| Time to Breakeven | 245 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -34.0% | -9.5% |
| % Gain to Breakeven | 51.6% | 10.5% |
| Time to Breakeven | 532 days | 24 days |
In The Past
Motorsport Games's stock fell -35.9% during the 2025 US Tariff Shock. Such a loss loss requires a 55.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Motorsport Games (MSGM)
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Here are a few analogies to describe Motorsport Games (MSGM):
- They are like the Electronic Arts (EA) of racing video games, with a strong focus on esports.
- Imagine a niche video game developer and publisher, similar to Take-Two Interactive, but exclusively for racing games and their associated esports tournaments.
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- Racing Video Games: Develops and publishes multi-platform racing video games for consoles, PC, and mobile, including full games and downloadable content.
- Esports Event Management: Organizes and facilitates esports tournaments, competitions, and events for its own licensed games and on behalf of third-party game developers.
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Major Customers of Motorsport Games (MSGM)
Motorsport Games Inc. primarily sells its video games and related content to individual consumers through various retail and digital channels. Its esports segment also primarily caters to individuals who participate in or watch competitive gaming events.
The company serves the following categories of customers:
- Racing Game Enthusiasts and Sim Racers: These are individuals who are deeply passionate about motorsports and seek immersive, authentic, and often highly competitive racing experiences through video games. They frequently follow specific racing series (such as NASCAR, Le Mans, or IndyCar) and are key purchasers of new titles, season passes, and downloadable content.
- Casual Gamers: This category encompasses individuals who enjoy video games as a form of entertainment and may purchase racing titles for fun, accessibility, or due to an attraction to well-known racing licenses. While not as deeply invested in the simulation aspect as enthusiasts, they contribute to a broader market for the company's products.
- Esports Participants and Viewers: This group consists of individuals who engage with the competitive dimension of racing games. It includes players who actively participate in esports tournaments and competitions organized by Motorsport Games, as well as the wider audience that watches and follows professional or amateur racing esports events.
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Stephen Hood, Chief Executive Officer
Stephen Hood has served as Chief Executive Officer and President of Motorsport Games Inc. since April 19, 2023. He previously held the position of President at Motorsport Games Inc. from April 2019 to January 2022. Hood is a BAFTA award-winning developer, recognized for his work on "The Movies" (Best Simulation) and "Formula One 2010" (Best Sports Game). His extensive background in the video game industry includes roles such as Creative Director and Chief Game Designer at Codemasters, where he was involved with the Formula 1 game series. He also served as Executive Producer and Creative Director at Dovetail Games, Design Manager at Ideaworks Game Studio, and Senior Designer at Lionhead Studios. Prior to his initial tenure at Motorsport Games, he was the Head of Esports for Autosport Media UK Limited, a subsidiary of Motorsport Network. Additionally, from October 2022 to April 2023, Mr. Hood worked as a business development consultant for Speed Capital Ltd.
Stanley Beckley, Chief Financial Officer
Stanley Beckley was permanently appointed Chief Financial Officer of Motorsport Games Inc. on May 16, 2024, after serving as Interim CFO from November 8, 2023. He holds Bachelor's and Master's degrees in Accounting from Florida International University and is a CPA in Florida and Virginia, as well as a Certified Fraud Examiner and Chartered Certified Accountant. Beckley has over two decades of experience leading finance and accounting teams. His previous roles include Corporate Controller for H.I.G. Capital, a global private equity firm, where he worked for almost four years. He also spent nine years at KPMG as a Senior Manager in its Audit Practice. Furthermore, Mr. Beckley served as Chief Accounting Officer of Driven Lifestyle Group LLC, the majority stockholder of Motorsport Games Inc., and as Chief Financial Officer for CDR Companies.
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The public company Motorsport Games (MSGM) faces several key risks to its business operations and financial stability.1. Financial Condition and Liquidity: Motorsport Games has a history of incurring losses and a recurring need for additional capital to meet its financial obligations. The company's 2025 annual report highlighted liquidity risks tied to capital needs and a secured credit facility, indicating a need for potential additional capital. In 2024, the company was actively seeking additional funding and exploring strategic alternatives to address liquidity challenges. An Altman Z-Score of -5.53 has placed the company in a "distress zone," suggesting a potential bankruptcy risk within two years. Although there was an indication in January 2026 that improved liquidity and positive operating cash flow allowed the removal of "going concern" language in 2025, more recent reports from March 2026 continue to emphasize significant liquidity and capital needs as ongoing risks.
2. Concentration Risk: A substantial portion of Motorsport Games' revenue is concentrated in a single product and a limited number of distribution channels. In 2025, approximately 78% of the company's revenue was generated from "Le Mans Ultimate," and roughly 64% of its revenue flowed through a single digital distribution channel. This heavy reliance on one game and one distribution platform makes the company highly vulnerable to any downturn in the performance or popularity of "Le Mans Ultimate" or issues with its primary distribution partner.
3. Dependence on Intellectual Property Licenses and Competitive Market: Motorsport Games' business model is built around developing and publishing racing video games based on licensed motorsport intellectual property. The company has a history of difficulties in managing its intellectual property portfolio, including having sold or terminated licenses for major series like NASCAR, BTCC, and IndyCar. The ability to secure and maintain these critical licenses, as well as successfully deliver popular products in the highly competitive interactive media industry, remains a significant ongoing risk to its operations and financial performance.
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The following clear emerging threats have been identified for Motorsport Games (MSGM):
The shift in consumer behavior towards subscription-based gaming services: The increasing popularity and market penetration of gaming subscription services like Xbox Game Pass and PlayStation Plus are fundamentally changing how consumers acquire and play games. As players increasingly expect access to a large library of games for a monthly fee, MSGM's traditional revenue model, heavily reliant on individual game sales, faces pressure. This could devalue their premium racing titles or force them into potentially less favorable revenue-sharing agreements to get their games onto these platforms, echoing the disruptive impact of Netflix on Blockbuster.
The growing dominance of free-to-play (F2P) live service models in competitive and esports-focused genres: The gaming industry, particularly in competitive and multiplayer segments relevant to racing games and esports, has seen a strong shift towards F2P models combined with continuous live service content and monetization through battle passes or cosmetics. If MSGM continues to primarily focus on premium, paid-up-front racing titles, they may struggle to compete for player attention, engagement, and spending against F2P alternatives that offer ongoing content updates and a lower barrier to entry, especially in the growing esports landscape.
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Motorsport Games Inc. (NASDAQ: MSGM) operates in two primary addressable markets: multi-platform racing video games and esports tournaments.
Racing Video Games Market
The global racing games market was valued at approximately USD 5.55 billion in 2025 and is projected to grow to USD 9.84 billion by 2031. Another estimate for the global car racing games market indicates a size of approximately USD 5.6 billion in 2023, with a projection to reach about USD 10.2 billion by 2032.
In North America, the racing games market is valued at USD 7.5 billion. North America holds a dominant position in the global racing games market.
Esports Market
The global esports market size was estimated at USD 2.13 billion in 2024 and is projected to reach USD 7.46 billion by 2030. Another report valued the global esports market at USD 1.75 billion in 2024, expecting it to grow to USD 2.12 billion in 2025 and reach USD 9.85 billion by 2033.
The U.S. esports market is valued at approximately USD 1.01 billion or over $1.07 billion. The U.S. esports market generated revenue of USD 555.4 million in 2024 and is expected to grow to USD 1,843.8 million by 2030.
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Expected Drivers of Future Revenue Growth for Motorsport Games (MSGM)
Over the next 2-3 years, Motorsport Games (MSGM) is expected to drive revenue growth through several key initiatives and market trends:
- Continued Growth of Le Mans Ultimate and Downloadable Content (DLC): The company's "Le Mans Ultimate" racing title, released in February 2024, has already been a significant revenue driver, including strong sales of downloadable content (DLC). Motorsport Games anticipates further growth from this title, capitalizing on its established community and ongoing content updates.
- Expansion into Console Markets with Le Mans Ultimate: Motorsport Games is actively working on bringing "Le Mans Ultimate" to PlayStation and Xbox gaming consoles, with an estimated delivery between late 2026 and early 2027. This console expansion is expected to significantly broaden the game's reach and introduce it to a new, larger player base, thereby driving substantial revenue growth.
- Growth of the RaceControl Subscription Service: The "RaceControl" subscription service has demonstrated robust growth in net monthly recurring revenue (MRR) and registered accounts. Motorsport Games is investing in its Software as a Service (SaaS) infrastructure and expertise to further strengthen game content and subscription monetization efforts, indicating a strategic focus on expanding this recurring revenue stream.
- Strategic Investment in Owned Technology and Product Portfolio Expansion: Motorsport Games has articulated a strategy to scale its existing platform, invest in its proprietary technology, and explore opportunities to expand its product portfolio. This suggests a commitment to developing new titles or significant enhancements that leverage their in-house technology, contributing to future revenue streams beyond current offerings.
- Leveraging the Growing Esports Market: As a company that organizes and facilitates esports tournaments for its licensed racing games, Motorsport Games is well-positioned to benefit from the overall growth in the racing games esports market. The increasing popularity of competitive racing leagues and virtual motorsport events can attract a larger audience, drive player engagement, and open new revenue opportunities through sponsorships, advertising, and increased game and subscription sales.
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Capital Allocation Decisions for Motorsport Games (MSGM)
Share Issuance
- Motorsport Games completed its Initial Public Offering (IPO) in January 2021, pricing 3,000,000 shares of its Class A common stock at $20.00 per share, which generated approximately $60.0 million in gross proceeds.
- In April 2025, the company secured approximately $2.5 million in gross proceeds from a private placement offering, led by an affiliate of Pimax Innovation Inc. This investment was made at a premium of approximately 33% over the stock's closing price before the announcement.
- Motorsport Games' 2025 annual report noted that future issuances of equity or convertible debt could affect existing stockholders.
Inbound Investments
- Pimax Innovation Inc. made a strategic investment of approximately $2.5 million in Motorsport Games in April 2025 through a private placement offering.
- In February 2026, Motorsport Games secured a $3 million revolving line of credit from Citibank N.A., which currently has no balance drawn.
Outbound Investments
- In October 2023, Motorsport Games sold its NASCAR licensed rights to iRacing.com Motorsport Simulations, LLC, and consequently ceased selling NASCAR titles from the beginning of 2025.
- The company has contributed approximately $8.8 million towards its commitment of up to €8,000,000 for its Le Mans license and joint venture with ACO.
Capital Expenditures
- Motorsport Gaming Us LLC (Motorsport Games Inc.) saw its capital expenditures average $248.034 thousand from fiscal years 2020 to 2024.
- Capital expenditures for the company peaked in December 2021 at $754.302 thousand and reached a five-year low of $25.015 thousand in December 2024.
- The company is focused on continuing to invest in its technology and bringing its "Le Mans Ultimate" title to console platforms, such as PlayStation and Xbox, with a release expected in late 2026 or early 2027.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Motorsport Games Earnings Notes | 12/16/2025 | |
| Is Motorsport Games Stock Built to Withstand a Pullback? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 8.43 |
| Mkt Cap | 0.9 |
| Rev LTM | 1,457 |
| Op Inc LTM | 4 |
| FCF LTM | 45 |
| FCF 3Y Avg | 30 |
| CFO LTM | 61 |
| CFO 3Y Avg | 54 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.0% |
| Rev Chg 3Y Avg | 2.8% |
| Rev Chg Q | 10.5% |
| QoQ Delta Rev Chg LTM | 2.5% |
| Op Inc Chg LTM | 85.3% |
| Op Inc Chg 3Y Avg | 23.0% |
| Op Mgn LTM | 1.2% |
| Op Mgn 3Y Avg | -12.0% |
| QoQ Delta Op Mgn LTM | 1.8% |
| CFO/Rev LTM | 9.4% |
| CFO/Rev 3Y Avg | 2.8% |
| FCF/Rev LTM | 6.9% |
| FCF/Rev 3Y Avg | 0.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.9 |
| P/S | 1.8 |
| P/Op Inc | 5.4 |
| P/EBIT | 3.6 |
| P/E | 3.8 |
| P/CFO | 14.7 |
| Total Yield | 0.8% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 0.0% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -6.7% |
| 3M Rtn | 2.1% |
| 6M Rtn | -0.0% |
| 12M Rtn | -9.7% |
| 3Y Rtn | 4.8% |
| 1M Excs Rtn | -6.5% |
| 3M Excs Rtn | -9.9% |
| 6M Excs Rtn | -7.8% |
| 12M Excs Rtn | -33.2% |
| 3Y Excs Rtn | -75.0% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gaming | 11 | 9 | 7 | 9 | 14 |
| Esports | 0 | 0 | 0 | 1 | 1 |
| Total | 11 | 9 | 7 | 10 | 15 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gaming | 3 | -1 | -19 | -33 | -34 |
| Esports | -0 | -0 | -1 | -2 | -1 |
| Total | 3 | -2 | -19 | -35 | -35 |
| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Gaming | 7 | -3 | -14 | -35 |
| Esports | -0 | -0 | -1 | -2 |
| Total | 7 | -3 | -14 | -37 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gaming | 10 | 5 | 8 | 16 | 48 |
| Esports | 2 | 1 | 2 | 3 | 3 |
| Total | 12 | 6 | 10 | 19 | 51 |
Price Behavior
| Market Price | $4.36 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 01/13/2021 | |
| Distance from 52W High | -18.0% | |
| 50 Days | 200 Days | |
| DMA Price | $4.30 | $3.47 |
| DMA Trend | up | up |
| Distance from DMA | 1.4% | 25.7% |
| 3M | 1YR | |
| Volatility | 72.9% | 116.8% |
| Downside Capture | 77.21 | 170.39 |
| Upside Capture | 69.00 | 179.31 |
| Correlation (SPY) | 9.0% | 9.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.41 | 0.16 | 0.81 | 0.40 | 1.05 | 0.72 |
| Up Beta | -2.78 | 0.92 | 1.69 | 0.81 | -1.12 | -0.57 |
| Down Beta | -0.71 | -3.25 | -1.30 | -0.98 | 0.70 | 1.59 |
| Up Capture | -9% | 8% | 92% | 114% | 267% | 95% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 9 | 19 | 30 | 62 | 116 | 333 |
| Down Capture | 101% | 10% | 111% | 28% | 159% | 106% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 8 | 19 | 30 | 57 | 121 | 381 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MSGM | |
|---|---|---|---|---|
| MSGM | 54.8% | 116.8% | 0.85 | - |
| Sector ETF (XLC) | 8.2% | 13.3% | 0.34 | 6.7% |
| Equity (SPY) | 24.9% | 12.3% | 1.52 | 9.1% |
| Gold (GLD) | 25.5% | 27.4% | 0.81 | 10.6% |
| Commodities (DBC) | 30.1% | 19.0% | 1.25 | -3.3% |
| Real Estate (VNQ) | 13.5% | 13.5% | 0.69 | 11.3% |
| Bitcoin (BTCUSD) | -41.8% | 42.2% | -1.16 | 11.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MSGM | |
|---|---|---|---|---|
| MSGM | -49.5% | 351.7% | 0.34 | - |
| Sector ETF (XLC) | 8.1% | 20.6% | 0.31 | 5.7% |
| Equity (SPY) | 13.5% | 17.1% | 0.61 | 7.1% |
| Gold (GLD) | 16.8% | 18.2% | 0.75 | 3.0% |
| Commodities (DBC) | 8.4% | 19.4% | 0.33 | 4.9% |
| Real Estate (VNQ) | 2.8% | 18.8% | 0.05 | 8.6% |
| Bitcoin (BTCUSD) | 13.6% | 54.4% | 0.44 | 3.7% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MSGM | |
|---|---|---|---|---|
| MSGM | -35.4% | 339.3% | 0.28 | - |
| Sector ETF (XLC) | 9.2% | 22.2% | 0.48 | 5.8% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 7.3% |
| Gold (GLD) | 12.5% | 16.1% | 0.64 | 3.3% |
| Commodities (DBC) | 6.7% | 18.0% | 0.29 | 4.6% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 8.5% |
| Bitcoin (BTCUSD) | 60.2% | 66.8% | 1.00 | 3.7% |
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Returns Analyses
Earnings Returns History
Updated 6/13/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/13/2026 | -11.2% | -8.5% | -14.0% |
| 3/10/2026 | -10.1% | 3.2% | -14.7% |
| 11/6/2025 | 70.8% | 48.4% | 22.4% |
| 8/13/2025 | -11.2% | -15.6% | -18.4% |
| 5/9/2025 | -4.4% | 11.6% | 15.5% |
| 3/20/2025 | -0.8% | -10.7% | 87.7% |
| 11/14/2024 | -9.6% | -8.0% | -6.4% |
| 8/9/2024 | -10.0% | -29.4% | -31.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 3 | 3 | 5 |
| # Negative | 18 | 18 | 16 |
| Median Positive | 9.6% | 11.6% | 18.2% |
| Median Negative | -9.7% | -8.7% | -17.7% |
| Max Positive | 70.8% | 48.4% | 87.7% |
| Max Negative | -35.9% | -39.3% | -54.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/13/2026 | 10-Q |
| 12/31/2025 | 03/10/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/20/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 04/01/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/21/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/24/2023 | 10-K |
| 09/30/2022 | 11/18/2022 | 10-Q |
| 06/30/2022 | 08/10/2022 | 10-Q |
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Zoi, Mike | Driven Lifestyle Group LLC | Sell | 3122026 | 4.51 | 31,131 | 140,401 | 5,226,404 | Form | |
| 2 | Zoi, Mike | Driven Lifestyle Group LLC | Sell | 3092026 | 4.84 | 24,720 | 119,645 | 5,766,473 | Form | |
| 3 | Zoi, Mike | Driven Lifestyle Group LLC | Sell | 3092026 | 4.70 | 29,224 | 137,353 | 5,715,858 | Form | |
| 4 | Zoi, Mike | Driven Lifestyle Group LLC | Sell | 3092026 | 4.49 | 90,900 | 408,141 | 5,591,684 | Form | |
| 5 | Zoi, Mike | Driven Lifestyle Group LLC | Sell | 3042026 | 4.03 | 40,535 | 163,356 | 5,385,144 | Form |
Industry Resources
| Communication Services Resources |
| Variety |
| The Hollywood Reporter |
| Adweek |
| Interactive Home Entertainment Resources |
| GamesIndustry.biz |
| IGN |
| Polygon |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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