Motorsport Games Inc. (MSGM)
Market Cap | 3.50M |
Revenue (ttm) | 8.46M |
Net Income (ttm) | 5.14M |
Shares Out | 3.18M |
EPS (ttm) | 1.84 |
PE Ratio | 0.60 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 24,735 |
Open | 1.060 |
Previous Close | 1.060 |
Day's Range | 1.060 - 1.110 |
52-Week Range | 1.010 - 4.160 |
Beta | 2.09 |
Analysts | Hold |
Price Target | 5.00 (+354.55%) |
Earnings Date | Nov 14, 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, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Champio... [Read more]
Financial Performance
In 2023, Motorsport Games'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 StatementsAnalyst Forecast
According to one analyst, the rating for MSGM stock is "Hold" and the 12-month stock price forecast is $5.0.
News
Motorsport Games Inc. (MSGM) Q3 2024 Earnings Call Transcript
Motorsport Games Inc. (NASDAQ:MSGM) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Ben Rossiter-Turner - Investor Relations Stephen Hood - Chief Executive Officer ...
Motorsport Games Reports Third Quarter 2024 Financial Results
MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its third quarter ended September 30, 2024. The...
Motorsport Games to Report Third Quarter 2024 Financial Results
MIAMI, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”), a racing game developer, publisher and esports ecosystem provider of official motor...
Motorsport Games Considering Strategic Alternatives
MIAMI, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) is announcing that the Board of Directors has authorized management to consider stra...
Le Mans Ultimate Releases Innovative Co-op Game Mode, Save & Load System and 2024 Pack 2 DLC
MIAMI, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) has released the September Update for “Le Mans Ultimate”, the official game of the ...
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Motorsport Games Inc. (MSGM) Q2 2024 Earnings Call Transcript
Motorsport Games Inc. (NASDAQ:MSGM) Q2 2024 Earnings Conference Call August 9, 2024 5:00 PM ET Company Participants Ben Rossiter-Turner - Investor Relations Stephen Hood - Chief Executive Officer Sta...
Motorsport Games Reports Second Quarter 2024 Financial Results
MIAMI, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its second quarter ended June 30, 2024. The Com...
Motorsport Games Announces $1 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
MIAMI, July 26, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”), today announced that it has entered into definitive agreements for the sale and iss...
Le Mans Ultimate releases first DLC including Imola Circuit, Lamborghini SC63 and Peugeot 9X8 2024
MIAMI, July 23, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM)(“Motorsport Games” or the “Company”), a racing game developer and publisher, is today releasing the first Downloadable Con...
Le Mans Ultimate June Update Lands Alongside BMW M Hybrid LMDh and Art Car Livery
MIAMI, June 10, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) is today releasing a major update to Le Mans Ultimate, the official game of the FIA World Endurance Championship and 24 Ho...
Motorsport Games Regains Compliance With NASDAQ Listing Rules
MIAMI, June 05, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM), the racing game developer and publisher, is pleased to announce that it has regained compliance with the continued listin...
Motorsport Games Inc. (MSGM) Q1 2024 Earnings Call Transcript
Motorsport Games Inc. (NASDAQ:MSGM) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Ben Rossiter-Turner - Investor Relations Stephen Hood - Chief Executive Officer Stanle...
Motorsport Games Launches RaceControl.gg and Announces Partnership with Coach Dave Academy
MIAMI, May 09, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM), a racing game developer and esports ecosystem provider, is thrilled to announce the launch of RaceControl.gg, a new dedica...
Motorsport Games Reports First Quarter 2024 Financial Results
MIAMI, May 07, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its first quarter ended March 31, 2024. The Comp...
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...
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...
Motorsport Games Inc. (MSGM) Q4 2023 Earnings Call Transcript
Motorsport Games Inc. (MSGM) Q4 2023 Earnings Call Transcript
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...
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...
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...
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
Motorsport Games Inc. (MSGM) Q3 2023 Earnings Call Transcript
Start Time: 17:00 January 1, 0000 5:22 PM ET Motorsport Games Inc. (NASDAQ:MSGM) Q3 2023 Earnings Conference Call November 07, 2023, 17:00 PM ET Company Participants Stephen Hood - CEO Jason Potter -...
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...
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...