Q3 2025 Results November 6, 2025 This presentation provides select highlights about Motorsport Games Inc.'s results of operations. Please see Motorsport Games' Q3 2025 Form 10-Q, filed with the SEC and Q3 2025 earnings release for more complete information on the Company's results of operations, cash flows, financial condition and liquidity. motorsportgames 1 Q3 2025 Highlights Key Highlights and Business Update *Adjusted EBITDA is a non-GAAP financial measure. See definition of Adjusted EBITDA and its reco ...

Company Performance - Take-Two Interactive Software (TTWO) reported adjusted earnings of $1.46 per share on net bookings of $1.96 billion for the fiscal second quarter, significantly exceeding analyst expectations of $0.94 per share and $1.73 billion in net bookings [2][3] - Year-over-year, Take-Two's adjusted earnings increased by 121%, while net bookings rose by 33% [3] - The company's strong performance was attributed to successful titles like "NBA 2K6" and mobile games such as "Toon Blast" and "Match Factory" [3] Game Release Delay - Take-Two announced a six-month delay for the release of "Grand Theft Auto 6," moving the launch date from May 26 to November 19, to allow the development team more time to enhance the game's quality [2][3][6] - The CEO emphasized the importance of delivering a polished product to meet player expectations [6] Future Guidance - For the current quarter, Take-Two anticipates adjusted earnings of $0.80 per share on net bookings of $1.58 billion, compared to Wall Street's expectations of $0.76 per share and $1.49 billion in net bookings [4] - The company raised its full fiscal year net bookings target to a range of $6.4 billion to $6.5 billion, up from analyst expectations of $6.18 billion, indicating a projected growth of 14% over fiscal 2025 [5] - Take-Two also guided for adjusted earnings of $3.17 per share for the full year, surpassing the consensus estimate of $2.90 [5] Stock Market Reaction - Following the earnings report and game delay announcement, TTWO stock fell over 7% in after-hours trading, closing at $233.75, after a 0.9% decline during the regular session [6]

Core Viewpoint - The delay of Grand Theft Auto 6 has significantly impacted the company's stock performance, leading to a nearly 11% drop in shares [3]. Group 1: Game Release Impact - Grand Theft Auto 6 has been delayed from May 26, 2025, to November 2026, marking the second delay for this highly anticipated game [1]. - The delay does not affect the current fiscal year, but future guidance for the next fiscal year may be adjusted due to this change [2]. Group 2: Market Reaction - The stock has reacted negatively to the news of the delay, with shares down nearly 11% [3]. - Despite the delay, the game is expected to be a major seller upon release, reflecting high anticipation from consumers [2].

out and that stock is tanking too. So Steve Kovak has those numbers. Steve.>> Yeah. Let me tell you why here, Morgan. It's not because of the quarter that they just reported.Those numbers look good. It's the further delay of Grand Theft Auto 6. It was supposed to come out of May 26 next year.They're now delaying that to November of 2026. This is the second delay for this game. And so you see shares reacting there.This does not affect their current fiscal year, but you can imagine that once we get guidance f ...

The delay of the next iteration of one of its most popular franchises pulled the video-game developer's stock down in after-hours trading, despite an increased full-year financial view. ...

Core Insights - Take-Two Interactive reported Q3 CY2025 revenue of $1.77 billion, a 20.3% year-on-year increase, exceeding analyst expectations by 3.8% [1][6] - The company raised its revenue guidance for the full year to $6.43 billion, reflecting a 4.6% increase from previous estimates [6] - The release date for Grand Theft Auto VI is set for November 19, 2026, which is anticipated to drive future revenue growth [3][6] Financial Performance - GAAP loss per share was $0.73, which was 17.1% below analysts' consensus estimates of -$0.62 [1][6] - Adjusted EBITDA was reported at $116.7 million, significantly missing analyst estimates of $288 million, resulting in a 6.6% margin [6] - Free Cash Flow improved to $96.5 million, up from a negative $69.8 million in the previous quarter [6] Growth Outlook - The company has achieved a compounded annual growth rate of 13.9% in sales over the last three years, indicating strong long-term performance [5] - Take-Two's Chairman and CEO expressed confidence in achieving record levels of Net Bookings in Fiscal 2027, supported by a robust pipeline of upcoming titles [3][4] - The company is particularly optimistic about growth in mobile gaming and the NBA 2K franchise [3]

TAKE-TWO INTERACTIVE SOFTWARE, INC. (NASDAQ: TTWO) SECOND QUARTER FISCAL 2026 RESULTS & GUIDANCE SUMMARY CAUTIONARY NOTE: FORWARD LOOKING STATEMENTS The statements contained herein, which are not historical facts, including statements relating to Take-Two Interactive Software, Inc.'s ("Take-Two," the "Company," "we," "us," or similar pronouns) outlook, are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expec ...

Core Viewpoint - Take-Two Interactive Software's shares dropped 10% in after-hours trading following the announcement of a delay in the release of Grand Theft Auto VI to November 2026, which was initially scheduled for fall 2025 [1][2]. Group 1: Company Announcement - Rockstar Games stated that the additional time is necessary to ensure the game meets the expected level of polish [1]. - The new launch date for Grand Theft Auto VI is set for November 19, 2026 [2]. Group 2: Market Reaction - The announcement of the delay led to a significant decline in Take-Two Interactive's stock price, reflecting investor disappointment [1].

Game Industry News - GTA 6 release delayed to November 19, 2026 [1] Financial Impact - Take-Two ($TTWO) stock price falls 11% after-hours [1]

Core Insights - Motorsport Games Inc. reported a significant increase in revenue and net income for Q3 2025, indicating improved operational efficiency and market fit for its products [2][3][4] Financial Performance - Consolidated revenue for Q3 2025 was approximately $3.1 million, a 71.9% increase from approximately $1.8 million in Q3 2024 [3][10] - Gross profit rose to $2.5 million, up from $1.1 million in the prior year, with gross profit margin increasing to 80.7% from 60.2% [3][4] - Net income for Q3 2025 was $0.8 million, compared to a net loss of $0.6 million in Q3 2024, marking an improvement of approximately $1.4 million or 234.1% [4][10] - Adjusted EBITDA for Q3 2025 was $1.1 million, compared to $0.1 million in the same period last year, reflecting a $1.0 million improvement [5][10] Player Engagement and Product Development - Player engagement for the Le Mans Ultimate title reached new heights, particularly around the Version 1.0 release and the European Le Mans Series content launch [2] - The company announced that a console port of Le Mans Ultimate is in early production, with an estimated delivery between late 2026 and early 2027 [2] Cash Flow and Liquidity - As of September 30, 2025, the company had cash and cash equivalents of approximately $4.1 million, which increased to $4.5 million by October 31, 2025 [11] - The company generated an average positive cash flow from operations of approximately $0.3 million per month during the nine months ended September 30, 2025 [11]