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MSGM

MSGM - Motorsport Games Inc. Stock Price, Fair Value and News

2.26USD-0.08 (-3.42%)Delayed as of 12 Jul 2024, 10:11 am ET

Market Summary

MSGM
USD2.26-0.08
Delayedas of 12 Jul 2024, 10:11 am
-3.42%

MSGM Stock Price

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MSGM RSI Chart

MSGM Valuation

Market Cap

6.4M

Price/Earnings (Trailing)

-0.66

Price/Sales (Trailing)

0.78

Price/Free Cashflow

-0.79

MSGM Price/Sales (Trailing)

MSGM Profitability

Operating Margin

62.99%

Return on Equity

-466.73%

Return on Assets

-97.72%

Free Cashflow Yield

-126.08%

MSGM Fundamentals

MSGM Revenue

Revenue (TTM)

8.2M

Rev. Growth (Yr)

75.15%

Rev. Growth (Qtr)

73.35%

MSGM Earnings

Earnings (TTM)

-9.6M

Earnings Growth (Yr)

67.95%

Earnings Growth (Qtr)

-143.88%

Breaking Down MSGM Revenue

52 Week Range

2.268.71
(Low)(High)

Last 7 days

7.8%

Last 30 days

-15.5%

Last 90 days

-16.1%

Trailing 12 Months

-43.2%

How does MSGM drawdown profile look like?

MSGM Financial Health

Current Ratio

0.47

MSGM Investor Care

Shares Dilution (1Y)

24.20%

Diluted EPS (TTM)

6.78

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.2M000
20238.7M8.5M8.9M6.9M
202215.9M15.7M14.8M10.3M
202118.3M16.6M9.8M15.1M
202013.6M15.4M17.2M19.0M
201900011.9M
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Tracking the Latest Insider Buys and Sells of Motorsport Games Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–8 of 8

Which funds bought or sold MSGM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 20, 2024
EMC Capital Management
sold off
-100
-14,000
-
-%
May 15, 2024
Tower Research Capital LLC (TRC)
added
16.86
-2,225
8,788
-%
May 15, 2024
MORGAN STANLEY
reduced
-8.47
-1,026
1,709
-%
May 14, 2024
ALLIANCEBERNSTEIN L.P.
unchanged
-
-11,971
25,776
-%
May 13, 2024
UBS Group AG
new
-
2,602
2,602
-%
May 10, 2024
VANGUARD GROUP INC
unchanged
-
-10,425
22,446
-%
May 10, 2024
WELLS FARGO & COMPANY/MN
unchanged
-
-8.00
17.00
-%
May 10, 2024
CITIGROUP INC
new
-
55.00
55.00
-%
May 03, 2024
Clarity Capital Partners LLC
reduced
-38.8
-45,149
32,410
0.02%
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
-%

1–10 of 10

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Jul 10, 2024
8-K
Current Report
Jun 12, 2024
8-K
Current Report
Jun 05, 2024
8-K
Current Report
May 23, 2024
8-K
Current Report
May 20, 2024
8-K
Current Report
May 07, 2024
8-K
Current Report
May 07, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 19, 2024
DEFA14A
DEFA14A
Apr 19, 2024
DEF 14A
DEF 14A

Peers (Alternatives to Motorsport Games Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.3T
-
1746.00% 2249.92%
615.99
153.18
- -
38.7B
7.6B
6.30% 7.26%
30.02
5.12
1.83% 49.42%
26.0B
5.3B
-4.44% 1.04%
-6.94
4.85
-0.01% -232.91%
24.6B
2.9B
8.59% -11.32%
-21.35
8.37
25.69% -11.79%
MID-CAP
7.1B
-
-2.07% 2888.93%
154.05
9.7
- -
2.9B
2.6B
-11.72% -39.58%
14
1.11
-1.26% -26.18%
SMALL-CAP
286.1M
308.6M
-7.86% -56.49%
-16.45
0.93
2.87% -457.89%
88.6M
45.2M
-26.52% 6.64%
-135.34
1.96
19.26% 19.48%
6.4M
8.2M
-15.52% -43.20%
-0.66
0.78
-5.99% 62.47%
424.7K
5.0K
100.00% -96.36%
-0.06
85.6
- -227.90%

Motorsport Games Inc. News

Latest updates
Defense World6 hours ago
Defense World09 Jul 202406:47 am

Motorsport Games Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Revenue73.4%3,0291,7471,6941,7391,7293,7711,2232,0093,3228,2242,1382,2392,4742,9348,9883,8893,235-
Cost Of Revenue-1.1%6676748318661,2491,4876038562,0144,8929499067821,3342,9211,2721,068-
Gross Profit120.1%2,3621,0738628734812,2836201,1531,3083,3321,1891,3331,6921,6006,0672,6172,166-
Operating Expenses-5.7%3,5783,7933,5279,4865,8927,4688,1737,83816,91110,1217,5777,30617,0694,4113,2372,5152,286-
  S&GA Expenses-10.4%2502793584356181,5031,4411,5401,6883,3991,3497041,0241,081961722638-
  R&D Expenses-28.4%1,0631,4851,5671,7882,3972,7002,6312,6822,4043,5383,0151,8181,2501,2111,3001,202936-
Interest Expenses-68.8%31.0099.0023024519951024519220219216032.00120-231219--
Net Income-143.9%-1,6343,726-3,490-8,200-5,100-4,476-8,515-7,487-15,96726,667-6,559-5,960-14,085-2,6751,193-31.53-200-
Net Income Margin38.2%-1.17*-1.89*-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 Cashflow71.5%-800-2,804-1,258-3,175-5,698-2,621-4,945-6,555-5,690-4,307-5,775-4,694-6,9183,433-1,8031,737550-
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42019Q4
Assets0.7%9,8249,75911,41413,33622,09818,89820,75524,99633,58250,70355,03458,66765,95417,38712,777
  Current Assets18.0%4,1503,5182,8504,0978,0414,0436,1878,44316,86924,62327,85233,45756,20610,4737,130
    Cash Equivalents-25.2%1,2531,6751,1821,9675,7959793,2175,22312,36717,82022,16328,30349,7783,9911,960
  Net PPE-29.3%175248312395466522671724723727695453220162127
  Goodwill----------4,8674,9805,099204138138
Liabilities15.2%8,8327,66910,9159,91610,79916,99413,8069,98211,39812,7219,9856,7134,72115,7719,165
  Current Liabilities15.6%8,7767,5927,9646,6986,93213,32210,3895,2816,7689,1226,1815,7953,81314,9149,165
Shareholder's Equity-32.4%2,0573,0434133,42011,2991,9036,94915,01322,18337,98245,04951,95361,2331,6163,612
  Retained Earnings-1.9%-88,665-87,030-90,700-87,300-79,080-73,979-69,046-60,500-53,100-37,988-30,977-24,418-18,638-4,826-
  Additional Paid-In Capital0.1%91,99291,92391,84291,73791,21576,44676,47376,24376,00475,65375,41075,11875,941--
Shares Outstanding5.6%2,7232,5772,5392,7042,1921,1711,1671,167-1,1381,1291,1491,064--
Minority Interest-11.7%-1,065-95386.001431753702312343741,2631,2521,3513,9572,646-
Float----5,332---7,687---64,903---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Cashflow From Operations71.4%-800-2,800-1,200-3,216-5,683-2,596-4,874-6,460-5,589-4,218-5,458-4,429-6,8343,491-1,7351,718580-
  Share Based Compensation-16.1%68.0081.00106-249-229-----------
Cashflow From Investing-100.0%-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 Financing66.7%-50.00-150-150-47510,7126242,070-1,12914853.00-295-4,13153,634-2,1972,039-25.58-41.22-
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MSGM Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenues$ 3,029,036$ 1,729,355
Cost of revenues666,6271,248,736
Gross profit2,362,409480,619
Operating expenses:  
Sales and marketing[1]250,386618,410
Development[2]1,063,3572,397,134
General and administrative[3]2,190,2662,779,110
Depreciation and amortization73,72497,354
Total operating expenses3,577,7335,892,008
Loss from operations(1,215,324)(5,411,389)
Interest expense(30,882)(199,120)
Other (expense) income, net(437,192)351,317
Net loss(1,683,398)(5,259,192)
Less: Net loss attributable to non-controlling interest(48,648)(158,245)
Net loss attributable to Motorsport Games Inc.$ (1,634,750)$ (5,100,947)
Net loss attributable to Class A common stock per share:  
Basic$ (0.60)$ (2.33)
Diluted$ (0.60)$ (2.33)
Weighted-average shares of Class A common stock outstanding:  
Basic2,722,7282,192,155
Diluted2,722,7282,192,155
[1]Includes related party expenses of $0 and $17,076 for the three months ended March 31, 2024 and 2023, respectively.
[2]Includes related party expenses of $0 and $15,488 for the three months ended March 31, 2024 and 2023, respectively.
[3]Includes related party expenses of $81,217 and $92,045 for the three months ended March 31, 2024 and 2023, respectively.

MSGM Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 1,252,691$ 1,675,210
Accounts receivable, net of allowances of $450,000 as of March 31, 2024 and December 31, 2023, respectively1,423,423735,839
Prepaid expenses and other current assets1,474,0921,106,848
Total Current Assets4,150,2063,517,897
Property and equipment, net175,199247,693
Operating lease right of use assets148,725197,307
Intangible assets, net5,349,4035,795,807
Total Assets9,823,5339,758,704
Current liabilities:  
Accounts payable1,509,469813,659
Accrued expenses and other current liabilities2,479,9931,891,315
Purchase commitments4,628,7794,656,538
Operating lease liabilities (current)109,171153,015
Total Current Liabilities8,775,6777,592,243
Operating lease liabilities (non-current)39,85645,659
Other non-current liabilities16,17531,098
Total Liabilities8,831,7087,669,000
Commitments and contingencies (Note 9)
Stockholders’ Equity:  
Preferred stock, $0.0001 par value; authorized 1,000,000 and 1,000,000 shares; and none issued and outstanding as of March 31, 2024 and December 31, 2023, respectively
Additional paid-in capital91,991,50291,923,311
Accumulated deficit(88,665,020)(87,030,270)
Accumulated other comprehensive loss(1,269,983)(1,850,216)
Total Stockholders’ Equity Attributable to Motorsport Games Inc.2,056,8383,043,164
Non-controlling interest(1,065,013)(953,460)
Total Stockholders’ Equity991,8252,089,704
Total Liabilities and Stockholders’ Equity9,823,5339,758,704
Common Class A [Member]  
Stockholders’ Equity:  
Common stock, value269269
Common Class B [Member]  
Stockholders’ Equity:  
Common stock, value7070
Related Party [Member]  
Current liabilities:  
Due to related parties$ 48,265$ 77,716
MSGM
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
 WEBSITEhttps://motorsportgames.com
 INDUSTRYElectronic Gaming & Multimedia
 EMPLOYEES102

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 Thu Jul 11 2024, market cap of Motorsport Games Inc. is 6.37 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 Thu Jul 11 2024, MSGM's PE ratio (Price to Earnings) is -0.66 and Price to Sales (PS) ratio is 0.78. 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.