Motorsport Games Inc. (MSGM)

NASDAQ: MSGM · IEX Real-Time Price · USD
2.300
+0.020 (0.88%)
At close: May 2, 2024, 4:00 PM
2.270
-0.030 (-1.30%)
After-hours: May 3, 2024, 6:37 PM EDT
0.88%
Market Cap 7.80M
Revenue (ttm) 6.91M
Net Income (ttm) -13.05M
Shares Out 3.42M
EPS (ttm) -5.06
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 5,072
Open 2.350
Previous Close 2.280
Day's Range 2.270 - 2.350
52-Week Range 2.000 - 8.710
Beta 2.17
Analysts n/a
Price Target n/a
Earnings Date May 13, 2024

About 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 rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, a racing video game simulating the 2018 NASCAR Cup Series and feeder competitions; NASCAR Heat 4, a racing video game simulating the 2019 NASCAR season; NASCAR Heat 5 and NASCAR Heat Ultimate Edition+, a racing video game simulating the 2020 NASCAR season; NA... [Read more]

IPO Date Jan 13, 2021
Employees 50
Stock Exchange NASDAQ
Ticker Symbol MSGM
Full Company Profile

Financial Performance

In 2023, MSGM's revenue was $6.91 million, a decrease of -33.08% compared to the previous year's $10.32 million. Losses were -$13.05 million, -63.74% less than in 2022.

Financial Statements

News

Motorsport Games to Report First Quarter 2024 Financial Results

MIAMI, May 02, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”), a racing game developer, publisher and esports ecosystem provider of official motors...

2 days ago - GlobeNewsWire

Motorsport Games Announces Sale of Traxion

MIAMI, May 01, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (the “Company” or “Motorsport Games”), a racing game developer, publisher, and esports ecosystem provider of official motor...

3 days ago - GlobeNewsWire

Motorsport Games Reports Fourth Quarter & Full Year 2023 Financial Results

MIAMI, April 01, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended Decem...

4 weeks ago - GlobeNewsWire

Motorsport Games to Report Fourth Quarter of 2023 & Full Year 2023 Financial Results

MIAMI, March 27, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”), a leading racing game developer, publisher and esports ecosystem provider of offic...

5 weeks ago - GlobeNewsWire

Official 24 Hours of Le Mans Game, Le Mans Ultimate, available today

Official game of FIA World Endurance Championship and 24 Hours of Le Mans Registrations of interest break target numbers ahead of highly anticipated global launch of new game Internally developed titl...

2 months ago - GlobeNewsWire

Le Mans Ultimate announces Early Access release plan ahead of February launch

Le Mans Ultimate will release on the 20th February 2024 allowing fans to enjoy sportscar racing on the simulation and contribute to its future development

3 months ago - GlobeNewsWire

Motorsport Games Reports Third Quarter 2023 Financial Results

MIAMI, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its third fiscal quarter ended September 30, 20...

6 months ago - GlobeNewsWire

Motorsport Games to Report Third Quarter 2023 Financial Results

MIAMI, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) , a leading racing game developer, publisher and esports ecosystem provider of offic...

6 months ago - GlobeNewsWire

Motorsport Games Reports Second Quarter 2023 Financial Results

MIAMI, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its second fiscal quarter ended June 30, 2023. ...

9 months ago - GlobeNewsWire

Motorsport Games to Report Second Quarter 2023 Financial Results

MIAMI, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) , a leading racing game developer, publisher and esports ecosystem provider of offic...

9 months ago - GlobeNewsWire

Official 24 Hours of Le Mans Game Announced and Named “Le Mans Ultimate”

LE MANS, France, June 05, 2023 (GLOBE NEWSWIRE) -- In recognition of the FIA World Endurance Championship – the ultimate endurance racing challenge, cars representing the ultimate in technology, durab...

11 months ago - GlobeNewsWire

Motorsport Games to Report First Quarter 2023 Financial Results

MIAMI, May 08, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) , a leading racing game developer, publisher and esports ecosystem provider of offici...

1 year ago - GlobeNewsWire

Motorsport Games Reports Fourth Quarter of 2022 & Full Year 2022 Financial Results

MIAMI, March 24, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended Decem...

1 year ago - GlobeNewsWire

Motorsport Games to Report Fourth Quarter of 2022 & Full Year 2022 Financial Results

MIAMI, March 21, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) , a leading racing game developer, publisher and esports ecosystem provider of offi...

1 year ago - GlobeNewsWire

Le Mans Virtual Series 2022-23 reaches wider worldwide audience

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ab4ece6-5e45-44fa-a66c-80d49561d72a

1 year ago - GlobeNewsWire

Motorsport Games Announces Quarterly Update and DLC for rFactor 2

MIAMI, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport ra...

1 year ago - GlobeNewsWire

Motorsport Games Announces Closing of $4.03 Million Registered Direct Offering of Common Stock Priced At-the-Market Under Nasdaq Rules

Together With the Two Registered Direct Offerings Closed Last Week, Motorsport Games Has Raised Approximately $11.32 Million Together With the Two Registered Direct Offerings Closed Last Week, Motorsp...

1 year ago - GlobeNewsWire

Motorsport Games Announces $4.03 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

MIAMI, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”), today announced that it has entered into a definitive agreement for the issuance an...

1 year ago - GlobeNewsWire

Motorsport Games Announces Closings of $7.29 Million Registered Direct Offerings of Common Stock Priced At-the-Market Under Nasdaq Rules

MIAMI, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today announced the closings of its previously announced registered direct offerings...

1 year ago - GlobeNewsWire

Motorsport Games stock pulls back after equity sale follows14-fold surge in 2 days

Shares of Motorsport Games Inc. MSGM, +72.90% tumbled 25.8% in premarket trading Thursday, after the Florida-based racing game developer and esports ecosystem company is taking advantage of a 14-fold ...

1 year ago - Market Watch

Motorsport Games Announces $3.39 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

MIAMI, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”), today announced that it has entered into a definitive agreement for the issuance an...

1 year ago - GlobeNewsWire

Motorsport Games Converts All Remaining Debt in Additional Debt-for-Equity Exchange with Motorsport Network

MIAMI, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today announced that the Company has entered into an additional debt-for-equity exch...

1 year ago - GlobeNewsWire

Motorsport Games stock rockets on Nasdaq listing requirement

Yahoo Finance Live's Rachelle Akuffo discusses the rise in stock for video game developer Motorsport Games.

1 year ago - Yahoo Finance

Motorsport Games Announces $3.9 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

MIAMI, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”), today announced that it has entered into a definitive agreement for the issuance an...

1 year ago - GlobeNewsWire

Motorsport Games stock rockets again, heads for 25-fold gain in 2 days after regaining Nasdaq listing requirements

Shares of Motorsport Games Inc. MSGM, +713.69% rocketed for a second-straight day on Wednesday, a day after the Florida-based racing game developer and esports ecosystem company said it regained full ...

1 year ago - Market Watch