Q1 2025 Results 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 operations, cash flows, financial condition and liquidity. motorsportgames 1 Q1 2025 Highlights Financial Highlights Key Highlights *Adjusted EBITDA is a non-GAAP financial measure. See definition of Adjusted EBITDA and its reconcil ...

Financial Data and Key Metrics Changes - Revenues for Q1 2025 were $1,800,000, down by $1,300,000 or 41.9% compared to the same period in the prior year [13] - Net income for the quarter was $1,000,000, an improvement of $2,700,000 from a net loss of $1,700,000 in the prior year [14] - Adjusted EBITDA was $600,000 for Q1 2025, compared to an adjusted EBITDA loss of $1,000,000 in the same period last year, reflecting an improvement of $1,600,000 [15] - Cash and cash equivalents increased from $1,100,000 as of March 31, 2025, to $3,100,000 by April 30, 2025, primarily due to $2,350,000 in net proceeds from a private placement [16] Business Line Data and Key Metrics Changes - Net revenues from the Le Mans Ultimate racing title increased by $400,000 in Q1 2025 compared to the same period in 2024, despite Q1 2024 being the release quarter for the game [6] - Total revenues decreased primarily due to a $1,500,000 drop in NASCAR-related revenues, as the company is no longer authorized to sell that title starting in 2025 [13][14] Market Data and Key Metrics Changes - The company noted that shares traded more than 2.5 times higher following the announcement of a $2,500,000 investment, indicating increased market confidence [6] Company Strategy and Development Direction - The company is focusing on building owned infrastructure around its gaming titles, particularly through the Race Control subscription platform [6] - Plans to move Le Mans Ultimate from early access to a full release version 1.0 are underway, which is expected to unlock new sales and marketing tactics [9] - The company is exploring opportunities to bring Le Mans Ultimate to PlayStation and Xbox, with discussions ongoing with potential publishing collaborators [10] - The company aims to diversify its portfolio and generate new revenue streams in the underserved racing game market [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's improved state and the potential for growth following the recent investment [5] - The company is taking measures to reduce costs and expects to have a net cash outflow from operations for the foreseeable future as it continues to develop its product portfolio [16] Other Important Information - The company is revisiting its esports event output, particularly the 24 Hours of Le Mans virtual event, which historically attracted significant attention and sponsorship revenue [10] - The company has a live licensing agreement with Kindred Concepts, with fees growing alongside their expansion [11] Q&A Session Summary - No specific questions or answers were provided in the content regarding the Q&A session.

Exhibit 99.1 Motorsport Games Reports First Quarter 2025 Financial Results MIAMI, Florida – May 9, 2025 — Motorsport Games Inc. (NASDAQ: MSGM) ("Motorsport Games" or "the Company") today reported financial results for its first quarter ended March 31, 2025. The Company has also posted the first quarter 2025 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company's investor relations website. "Following our recently announced closing ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 001-39868 Motorsport Games Inc. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 86-1791 ...

Motorsport Games Reports First Quarter 2025 Financial Results Financial results for Q1 2025 for Motorsport Games (NASDAQ:MSGM) have been published. MIAMI, May 09, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its first quarter ended March 31, 2025. The Company has also posted the first quarter 2025 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible ...

For more information about Motorsport Games visit: www.motorsportgames.com. Website and Social Media Disclosure: Investors and others should note that the Company announces material financial information to its investors using its investor relations website (ir.motorsportgames.com), SEC filings, press releases, public conference calls and webcasts. The Company uses these channels, as well as social media and blogs, to communicate with its investors and the public about the Company and its products. It is po ...

Core Viewpoint - Motorsport Games Inc. has regained compliance with the Nasdaq Stock Market's stockholders' equity requirement, indicating progress and momentum for the company [1][2]. Company Overview - Motorsport Games is a developer and publisher of racing games, including titles like Le Mans Ultimate, and is involved in the esports ecosystem for motorsport racing [3]. - The company is the officially licensed developer for major racing series such as the 24 Hours of Le Mans and the FIA World Endurance Championship [3]. - Motorsport Games also owns simulation platforms like rFactor 2 and KartKraft, with rFactor 2 serving as the official simulation platform for Formula E [3]. Recent Developments - The CEO, Stephen Hood, highlighted that regaining compliance with Nasdaq's equity requirement validates the company's progress and is supported by a recent strategic investment led by Pimax [2]. - The company is experiencing product momentum with Le Mans Ultimate and has introduced a new subscription service through RaceControl, alongside implementing cost-control measures [2].

Motorsport Games Inc. Announces $2.5 Million Strategic Investment led by Virtual Reality Company Pimax Motorsport Games is announcing a private placement offering for gross proceeds of approximately $2.5 million, before deducting offering expenses, pursuant to a definitive agreement entered into on April 11, 2025 with certain institutional and accredited investors, including an affiliate of Pimax Innovation Inc. MIAMI, April 15, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (“Motorsport Games” or “the ...

MIAMI, April 15, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. ("Motorsport Games" or "the Company"), the racing game developer and publisher of prominent simulation racing (or "sim racing") titles including Le Mans Ultimate, is today announcing a private placement offering for gross proceeds of approximately $2.5 million, before deducting offering expenses, pursuant to a definitive agreement entered into on April 11, 2025 (the "Purchase Agreement") with certain institutional and accredited investors, incl ...

Motorsport Games (MSGM) Q4 2024 Earnings Call March 21, 2025 07:44 AM ET Company Participants Ben Rossiter-Turner - VP of CompetitionStephen Hood - CEOStanley Beckley - Chief Financial Officer Operator Thank you for standing by and welcome to Motorsport Games Inc. Fourth Quarter and Full Year twenty twenty four Earnings Call. A section of our call has been prerecorded. As such, cash used in operations for the year ended 12/31/2024, and our average monthly net cash burn from operations have been adjusted. Th ...