Motorsport Games Inc. (MSGM)
| Market Cap | 22.68M |
| Revenue (ttm) | 14.78M |
| Net Income (ttm) | -38.07M |
| Shares Out | 2.83M |
| EPS (ttm) | -32.49 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 57,737 |
| Open | 8.19 |
| Previous Close | 8.19 |
| Day's Range | 7.75 - 8.19 |
| 52-Week Range | 2.01 - 49.50 |
| Beta | 2.86 |
| Analysts | Sell |
| Price Target | 7.40 (-7.73%) |
| Earnings Date | Mar 29, 2023 |
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 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. The company sells its video game ... [Read more]
Financial Performance
In 2021, MSGM's revenue was $15.08 million, a decrease of -20.84% compared to the previous year's $19.05 million. Losses were -$33.16 million, 1787.8% more than in 2020.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for MSGM stock is "Sell." The 12-month stock price forecast is $7.4, which is a decrease of -7.73% from the latest price.
News
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...
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
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...
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...
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...
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...
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 ...
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...
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...
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.
5 Investors Betting Big on Motorsport Games (MSGM) Stock
Shares of Motorsport Games (NASDAQ: MSGM) stock are flying higher after the company announced that it had regained compliance with the Nasdaq's listing rules. The company was previously in violation ...
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...
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 ...
Motorsports Games stock rockets more 600% on massive volume after satisfying Nasdaq listing requirements, again
Shares of Motorsport Games Inc. MSGM blasted 662.7% higher toward a 10-month high on heavy volume in afternoon trading, after the Florida-based racing game developer and esports ecosystem provider sai...
Why Is Motorsport Games (MSGM) Stock Up 182% Today?
Motorsport Games (NASDAQ: MSGM) stock is rocketing higher on Tuesday after announcing a debt-for-equity exchange agreement with Motorsport Network. Motorsport Network, the majority shareholder of Mot...
Motorsport Games Announces Debt-for-Equity Exchange with Motorsport Network
MIAMI, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today announced that the Company has entered into a debt-for-equity exchange agreeme...
Motorsport Games rFactor 2 is Part of The Secret Sauce Behind F1® Arcade Racing Experience
MIAMI, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Adam Breeden, the pioneer of competitive socialising in the UK and entrepreneurial force behind some of the sector's most successful concepts, has officially o...
24 Hours of Le Mans Virtual to be Broadcast Digitally Around the World
*Finale of this year's Le Mans Virtual Series to be broadcast January 14 and 15, 2023
24 Hours of Le Mans Virtual Continues to Attract Champions From Around the World for Final Round of 2022-23 Season
*F1, F2 and F3 champions lead star-studded entry list *More nations than ever represented in Le Mans Virtual Series flagship event *Best of the best sim racers race on entry list for 24-hour glory
Motorsport Games Enters into Equity Purchase Agreement
MIAMI, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today announced that the Company has entered into a purchase agreement (the “Agreeme...
Motorsport Games Regains Compliance With Nasdaq Minimum Bid Price Requirement
MIAMI, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “Company”) , a leading racing game developer, publisher and esports ecosystem provider of official ...
Stars ready to respect the Sebring bumps
*Final round before 24 Hours of Le Mans Virtual *Final round before 24 Hours of Le Mans Virtual
Motorsport Games Reports Third Quarter 2022 Financial Results
MIAMI, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its third quarter ended September 30, 2022 (“Q3...
Motorsport Games to Report Third Quarter 2022 Financial Results
MIAMI, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport ra...
What Is Going on With Motorsport Games (MSGM) Stock Today?
Motorsport Games (NASDAQ: MSGM) stock is rising on Thursday following an update on its latest earnings report and a reverse stock split. Let's get the reverse stock split out of the way first.