Motorsport Games Inc. (MSGM)

NASDAQ: MSGM · Real-Time Price · USD
1.100
+0.040 (3.77%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.77%
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]

IPO Date Jan 13, 2021
Employees 71
Stock Exchange NASDAQ
Ticker Symbol MSGM
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for MSGM stock is "Hold" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(354.55% upside)
Analyst Consensus: Hold
Stock Forecasts

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 ...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

Top 3 Tech And Telecom Stocks You'll Regret Missing This Quarter

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: SGRPTME
4 months ago - Benzinga

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months 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...

8 months ago - GlobeNewsWire

Motorsport Games Inc. (MSGM) Q4 2023 Earnings Call Transcript

Motorsport Games Inc. (MSGM) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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...

9 months 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...

9 months 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...

10 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

11 months ago - GlobeNewsWire

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 -...

1 year ago - Seeking Alpha

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...

1 year 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...

1 year ago - GlobeNewsWire