MSGM Stock Price, Motorsport Games Inc. Quote, Chart

Market Summary

USD2.62+0.04

Market Closed

1.55%

MSGM Stock Price

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MSGM RSI Chart

MSGM Valuation

Market Cap

6.6M

Price/Earnings (Trailing)

-0.5

Price/Sales (Trailing)

0.96

Price/Free Cashflow

-0.51

MSGM Price/Sales (Trailing)

MSGM Profitability

Operating Margin

47.60%

Return on Equity

-629.05%

Return on Assets

-134.7%

Free Cashflow Yield

-195.63%

MSGM Fundamentals

MSGM Revenue

Revenue (TTM)

6.9M

Rev. Growth (Yr)

-53.66%

Rev. Growth (Qtr)

3.16%

MSGM Earnings

Earnings (TTM)

-13.1M

Earnings Growth (Yr)

184.99%

Earnings Growth (Qtr)

209.02%

Breaking Down MSGM Revenue

Last 7 days

2.7%

Last 30 days

20.4%

Last 90 days

-3.6%

Trailing 12 Months

-54.6%

How does MSGM drawdown profile look like?

MSGM Financial Health

Current Ratio

0.46

MSGM Investor Care

Shares Dilution (1Y)

133.07%

Diluted EPS (TTM)

64.7

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	8.7M	8.5M	8.9M	6.9M
2022	15.9M	15.7M	14.8M	10.3M
2021	18.3M	16.6M	9.8M	15.1M
2020	13.6M	15.4M	17.2M	19.0M
2019	0	0	0	11.9M

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Tracking the Latest Insider Buys and Sells of Motorsport Games Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 01, 2023	zoi mike	bought	2,948,570	6.68	441,402	-
Jan 30, 2023	zoi mike	bought	1,000,000	2.95	338,983	-
Jan 18, 2022	piovanetti francesco	acquired	-	-	25,000	-
Jan 06, 2022	anderson neil t	acquired	-	-	12,690	-
Jan 12, 2021	anderson neil t	acquired	-	-	2,500	-
Jan 12, 2021	piovanetti francesco	acquired	-	-	5,000	-
Jan 12, 2021	kozko dmitry	acquired	-	-	20,333	chief executive officer
Jan 12, 2021	dyrdek rob	acquired	-	-	2,500	-

Which funds bought or sold MSGM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-5,639	32,871	-%
Feb 20, 2024	Clarity Capital Partners LLC	new	-	77,559	77,559	0.05%
Feb 14, 2024	ALLIANCEBERNSTEIN L.P.	unchanged	-	-6,475	37,747	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	added	7,820	10,850	11,013	-%
Feb 13, 2024	MORGAN STANLEY	reduced	-53.05	-4,089	2,735	-%
Feb 09, 2024	WELLS FARGO & COMPANY/MN	unchanged	-	-4.00	25.00	-%
Feb 07, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Jan 29, 2024	EMC Capital Management	unchanged	-	-2,000	14,000	0.01%

Are Funds Buying or Selling MSGM?

Are funds buying MSGM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MSGM

No. of Funds

Unveiling Motorsport Games Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 02, 2023	motorsport network, llc	69.2%	1,480,385	SC 13D/A
Jan 31, 2023	motorsport network, llc	61.2%	1,038,983	SC 13D
Jun 06, 2022	wasatch advisors inc	-	0	SC 13G/A
May 02, 2022	wasatch advisors inc	-	0	SC 13G/A
Feb 11, 2022	wasatch advisors inc	-	0	SC 13G/A

Recent SEC filings of Motorsport Games Inc.

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	DEFA14A	DEFA14A
Apr 19, 2024	DEF 14A	DEF 14A
Apr 18, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Feb 06, 2024	8-K	Current Report
Jan 29, 2024	8-K	Current Report
Jan 29, 2024	4	Insider Trading

Peers (Alternatives to Motorsport Games Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ATVI	1.3T	8.7B	1746.00%	2249.92%	615.99	153.18	13.89%	15.25%
EA	34.0B	7.7B	-3.46%	-1.53%	32.34	4.44	3.80%	-19.34%
TTWO	23.9B	5.4B	-8.18%	12.00%	-16.45	4.43	11.64%	-259.73%
RBLX	22.1B	2.8B	-6.17%	-14.10%	-19.16	7.88	25.81%	-24.62%
MID-CAP
SCPL	7.1B	729.2M	13.30%	2340.02%	154.05	9.7	17.78%	240.00%
PLTK	2.6B	2.6B	0.72%	-38.52%	10.96	1	-1.85%	-14.64%
SMALL-CAP
MYPS	312.5M	310.9M	-7.11%	-43.91%	-16.11	1.01	7.09%	-9.05%
GMGI	124.5M	45.2M	0.60%	51.58%	-190.15	2.75	19.26%	19.48%
MSGM	6.6M	6.9M	20.36%	-54.61%	-0.5	0.96	-33.08%	63.93%
MGAM	637.1K	-	-83.33%	-95.89%	-0.09	-	-	-426.54%

Motorsport Games Inc. News

Latest updates

Motorsport Games Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	3.2%	1,747	1,694	1,739	1,729	3,771	1,223	2,009	3,322	8,224	2,138	2,239	2,474	2,934	8,988	3,889	3,235	-
Cost Of Revenue	-18.9%	674	831	866	1,249	1,487	603	856	2,014	4,892	949	906	782	1,334	2,921	1,272	1,068	-
Gross Profit	24.4%	1,073	862	873	481	2,283	620	1,153	1,308	3,332	1,189	1,333	1,692	1,600	6,067	2,617	2,166	-
Operating Expenses	7.5%	3,793	3,527	9,486	5,892	7,468	8,173	7,838	16,911	10,121	7,577	7,306	17,069	4,411	3,237	2,515	2,286	-
S&GA Expenses	-22.0%	279	358	435	618	1,503	1,441	1,540	1,688	3,399	1,349	704	1,024	1,081	961	722	638	-
R&D Expenses	-5.2%	1,485	1,567	1,788	2,397	2,700	2,631	2,682	2,404	3,538	3,015	1,818	1,250	1,211	1,300	1,202	936	-
Interest Expenses	-57.0%	99.00	230	245	199	510	245	192	202	192	160	32.00	120	-	231	219	-	-
Net Income	209.0%	3,805	-3,490	-8,200	-5,259	-4,476	-8,515	-7,487	-15,967	26,667	-6,559	-5,960	-14,085	-2,675	1,193	-31.53	-200	-
Net Income Margin	20.7%	-1.90*	-2.40*	-3.13*	-2.95*	-3.53*	-2.62*	-2.34*	-2.22*	-2.21*	-2.99*	-1.29*	-0.85*	-0.09*	-0.21*	-0.23*	-0.26*	-0.30*
Free Cashflow	-132.8%	-2,798	-1,202	-3,225	-5,698	-2,601	-4,945	-6,555	-5,690	-4,307	-5,775	-4,694	-6,918	3,433	-1,803	1,737	550	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	-14.5%	9,759	11,414	13,336	22,098	18,898	20,755	24,996	33,582	50,703	55,034	58,667	65,954	17,387	12,777
Current Assets	23.4%	3,518	2,850	4,097	8,041	4,043	6,187	8,443	16,869	24,623	27,852	33,457	56,206	10,473	7,130
Cash Equivalents	41.7%	1,700	1,200	1,967	5,795	979	3,217	5,223	12,367	17,820	22,163	28,303	49,778	3,991	1,960
Net PPE	-20.7%	248	312	395	466	522	671	724	723	727	695	453	220	162	127
Goodwill	-	-	-	-	-	-	-	-	-	4,867	4,980	5,099	204	138	138
Liabilities	-29.7%	7,669	10,915	9,916	10,799	16,994	13,806	9,982	11,398	12,721	9,985	6,713	4,721	15,771	9,165
Current Liabilities	-4.7%	7,592	7,964	6,698	6,932	13,322	10,389	5,281	6,768	9,122	6,181	5,795	3,813	14,914	9,165
Shareholder's Equity	406.5%	2,090	413	3,420	11,299	1,534	6,949	15,013	22,183	37,982	45,049	51,953	61,233	1,616	3,612
Retained Earnings	4.1%	-87,000	-90,700	-87,251	-79,100	-73,979	-69,046	-60,531	-53,125	-37,988	-30,977	-24,418	-18,638	-4,826	-
Additional Paid-In Capital	0.1%	91,923	91,842	91,737	91,215	76,446	76,473	76,243	76,004	75,653	75,410	75,118	75,941	-	-
Shares Outstanding	-100.0%	-	2,720	2,704	-	-	1,167	1,167	-	1,138	1,164	1,042	1,064	-	-
Minority Interest	-1204.4%	-953	86.00	143	175	370	231	234	374	1,263	1,252	1,351	3,957	2,646	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	-131.7%	-2,793	-1,206	-3,216	-5,683	-2,596	-4,874	-6,460	-5,589	-4,218	-5,458	-4,429	-6,834	3,491	-1,735	1,718	580	-
Share Based Compensation	-23.0%	81.00	106	-	-	-	229	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	179585.2%	4,238	-2.36	-9.38	-15.06	-25.50	-70.60	-95.34	-101	-89.11	-289	-13,051	-956	-353	-540	-873	-29.81	-
Cashflow From Financing	0%	-150	-150	-475	10,712	624	2,070	-1,129	148	53.00	-295	-4,131	53,634	-2,197	2,039	-25.58	-41.22	-

MSGM Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Income Statement [Abstract]

Revenues

$ 6,909,674

$ 10,324,559

Cost of revenues

^[1]

3,620,495

4,960,317

Gross Profit

3,289,179

5,364,242

Operating Expenses:

Sales and marketing

^[2]

1,690,772

6,172,324

Development

^[3]

7,237,154

10,417,260

General and administrative

^[4]

9,367,030

13,764,177

Impairment of goodwill

4,788,270

Impairment of intangible assets

4,004,627

4,828,478

Depreciation and amortization

398,701

420,137

Total Operating Expenses

22,698,284

40,390,646

Loss From Operations

(19,409,105)

(35,026,404)

Interest expense

^[5]

(772,989)

(1,148,204)

Other income (expense), net

5,858,909

(665,846)

Net Loss

(14,323,185)

(36,840,454)

Less: Net loss attributable to non-controlling interest

(1,272,046)

(849,649)

Net Loss Attributable to Motorsport Games Inc.

$ (13,051,139)

$ (35,990,805)

Net loss per Class A common share attributable to Motorsport Games, Inc.:

Basic

$ 5.06

$ 30.73

Diluted

$ 5.06

$ 30.73

Weighted-average shares of Class A common stock outstanding:

Basic

2,577,451

1,171,323

Diluted

2,577,451

1,171,323

[1]	Includes related party costs of $0 and $6,228 for the years ended December 31, 2023 and 2022, respectively.
[2]	Includes related party expenses of $17,076 and $565,759 for the years ended December 31, 2023 and 2022, respectively.
[3]	Includes related party expenses of $51,516 and $76,093 for the years ended December 31, 2023 and 2022, respectively.
[4]	Includes related party expenses of $379,944 and $394,358 for the years ended December 31, 2023 and 2022, respectively.
[5]	Includes related party expenses of $0 and $75,616 for the years ended December 31, 2023 and 2022, respectively.

MSGM Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 1,675,210	$ 979,306
Accounts receivable, net of allowances of $450,000 and $2,252,383 as of December 31, 2023 and 2022, respectively	735,839	1,809,110
Prepaid expenses and other current assets	1,106,848	1,048,392
Total Current Assets	3,517,897	4,043,340
Property and equipment, net	247,693	522,433
Operating lease right of use assets	197,307	971,789
Intangible assets, net	5,795,807	13,360,230
Total Assets	9,758,704	18,897,792
Current Liabilities:
Accounts payable	813,659	2,372,219
Accrued expenses and other liabilities	1,891,315	3,416,424
Purchase commitments	4,656,538	2,563,216
Operating lease liabilities (current)	153,015	380,538
Total Current Liabilities	7,592,243	13,321,608
Operating lease liabilities (non-current)	45,659	617,288
Other non-current liabilities	31,098	3,055,498
Total Liabilities	7,669,000	16,994,394
Stockholders’ Equity
Preferred stock, $0.0001 par value; authorized 1,000,000 and 1,000,000 shares; and none issued and outstanding as of December 31, 2023 and December 31, 2022, respectively
Additional paid-in capital	91,923,311	76,446,061
Accumulated deficit	(87,030,270)	(73,979,131)
Accumulated other comprehensive loss	(1,850,216)	(933,406)
Total Stockholders’ Equity Attributable to Motorsport Games Inc.	3,043,164	1,533,711
Non-controlling interest	(953,460)	369,687
Total Stockholders’ Equity	2,089,704	1,903,398
Total Liabilities and Stockholders’ Equity	9,758,704	18,897,792
Common Class A [Member]
Stockholders’ Equity
Common stock, value	269	117
Common Class B [Member]
Stockholders’ Equity
Common stock, value	70	70
Related Party [Member]
Current Assets:
Due from related parties		206,532
Current Liabilities:
Due to related parties	$ 77,716	$ 4,589,211

About Motorsport Games Inc.

Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers video games for game consoles, personal computer, and mobile platforms through various retail and digital channels, including full-game and downloadable content. It also organizes and facilitates esports tournaments, competitions, and events for its licensed racing games, as well as on behalf of third-party racing game developers and publishers. Motorsport Games Inc. was founded in 2018 and is headquartered in Miami, Florida. Motorsport Games Inc. operates as a subsidiary of Motorsport Network LLC.

CEO	Mr. Stephen Hood
WEBSITE	https://motorsportgames.com
INDUSTRY	Electronic Gaming & Multimedia
EMPLOYEES	102

Motorsport Games Inc. Frequently Asked Questions

What is the ticker symbol for Motorsport Games Inc.? What does MSGM stand for in stocks?

MSGM is the stock ticker symbol of Motorsport Games Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Motorsport Games Inc. (MSGM)?

As of Mon Apr 22 2024, market cap of Motorsport Games Inc. is 6.61 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MSGM stock?

You can check MSGM's fair value in chart for subscribers.

What is the fair value of MSGM stock?

You can check MSGM's fair value in chart for subscribers. The fair value of Motorsport Games Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Motorsport Games Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MSGM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Motorsport Games Inc. a good stock to buy?

The fair value guage provides a quick view whether MSGM is over valued or under valued. Whether Motorsport Games Inc. is cheap or expensive depends on the assumptions which impact Motorsport Games Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MSGM.

What is Motorsport Games Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 22 2024, MSGM's PE ratio (Price to Earnings) is -0.5 and Price to Sales (PS) ratio is 0.96. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MSGM PE ratio will change depending on the future growth rate expectations of investors.