Motorsport Games, Inc. (MSGM)

NASDAQ: MSGM · IEX Real-Time Price · USD
0.664
+0.019 (2.91%)
At close: Jun 24, 2022 4:00 PM
0.710
+0.046 (6.915%)
After-hours: Jun 24, 2022 7:08 PM EDT
2.91%
Market Cap 7.75M
Revenue (ttm) 15.92M
Net Income (ttm) -34.49M
Shares Out 11.67M
EPS (ttm) -2.96
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 24,884
Open 0.700
Previous Close 0.645
Day's Range 0.620 - 0.700
52-Week Range 0.455 - 16.070
Beta n/a
Analysts Buy
Price Target 2.55 (+284.2%)
Earnings Date Aug 10, 2022

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...]

Industry Electronic Gaming & Multimedia
IPO Date Jan 13, 2021
Employees 193
Stock Exchange NASDAQ
Ticker Symbol MSGM
Full Company Profile

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, 1,787.8% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MSGM stock is "Buy." The 12-month stock price forecast is 2.55, which is an increase of 284.15% from the latest price.

Price Target
$2.55
(284.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Le Mans Virtual Series Returns for More Elite Esports Competition Including Award-Winning 24 Hours of Le Mans Virtual

The five-round series has a US $250,000 prize fund at stake and more flexible regulations for pro drivers The five-round series has a US $250,000 prize fund at stake and more flexible regulations for pr...

Motorsport Games and BTCC Announce Future Promotional Plan to Upcoming Official BTCC Game

The development teams will continue refining the user experience while both companies will offer multiple brand activations and gameplay content in the lead-up to full release The development teams will...

Motorsport Games to Participate in the H.C. Wainwright Global Investment Conference

MIAMI, May 19, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing...

Motorsport Games Reports First Quarter 2022 Financial Results

MIAMI, May 16, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its first quarter ended March 31, 2022 (“Q1 2022”)...

Motorsport Games to Report First Quarter 2022 Financial Results

MIAMI, May 05, 2022 (GLOBE NEWSWIRE) -- Motorsport Games, Inc. (NASDAQ: MSGM) (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racin...

Motorsport Games Reports Fourth Quarter & Full Year 2021 Financial Results

MIAMI, March 30, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended Decembe...

Motorsport Games Continues Growth As Romain Grosjean Signs On For Technical Advisor Role

Romain Grosjean, a Formula 1 veteran and current NTT IndyCar Series driver, is giving back to the esports world. He's taking on a role as a technical advisor for Motorsport Games, working to help the fi...

Motorsport Games Partners with Romain Grosjean to Assist in the Development of rFactor 2 and esports Events

Joining as a technical advisor, Grosjean will help iterate rFactor 2 and the company's robust live esports events Joining as a technical advisor, Grosjean will help iterate rFactor 2 and the company's r...

Motorsport Games to Report Fourth Quarter & Full Year 2021 Financial Results

MIAMI, March 16, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport raci...

Motorsport Games and Adam Breeden announce global agreement with Formula 1® to create next-level competitive socialis...

MIAMI, Feb. 14, 2022 (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 announced plan...

Motorsport Games Announces rFactor 2 Content Update and User Interface Refresh

This is the first of four quarterly updates planned for the simulation during the 2022 calendar year This is the first of four quarterly updates planned for the simulation during the 2022 calendar year

Inaugural 2022 INDYCAR-Motorsport Games Pro Challenge Officially Kicks Off

This marks the video game company's first virtual esports event with the NTT INDYCAR SERIES after entering into an exclusive partnership in July, 2021 This marks the video game company's first virtual e...

Motorsport Games' Le Mans Virtual Series followed by more than 81 million fans on live TV, digital streaming and soci...

The series concludes its 5-month season with racing legends, millions of fans and hundreds of laps The series concludes its 5-month season with racing legends, millions of fans and hundreds of laps

Motorsport Games, A Year After Going Public, Aims To Create A Realistic Nascar Experience

Motorsport Games just signed a multi-year deal to have a technical alliance with Nascar's Live Fast Motorsports. The deal is a sign that the firm, which went public last year, aims to expand its Nascar ...

24 Hours of Le Mans Virtual eRacing Finale Event to be Broadcast Digitally Around the World

Finale of this year's Le Mans Virtual Series to be broadcast January 15 and 16, 2022 Finale of this year's Le Mans Virtual Series to be broadcast January 15 and 16, 2022

Motorsport Games Celebrates One Year Anniversary of IPO, Rings NASDAQ Closing Bell

CEO Dmitry Kozko rang the closing bell on January 12, 2022 CEO Dmitry Kozko rang the closing bell on January 12, 2022

Motorsport Games to Participate in the 24th Annual Needham Virtual Growth Conference

MIAMI, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racin...

Champions From Around the World Sign Up to Compete in 24 Hours of Le Mans Virtual by Motorsport Games

*Max Verstappen, Alex Palou, Juan Pablo Montoya, Felix Rosenqvist  and Oliver Rowland to star

Motorsport Games to Participate in the ICR Virtual Conference 2022

MIAMI, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racin...

How to Follow the Fourth Round of the Le Mans Virtual Series by Motorsport Games, Kicking Off This Weekend on Decembe...

Drivers will be respecting the bumps at the 500 Miles of Sebring on Saturday at 7:30 am EDT Drivers will be respecting the bumps at the 500 Miles of Sebring on Saturday at 7:30 am EDT

Motorsport Games to Participate in the Canaccord Genuity 2021 Digital Gaming Summit Conference

MIAMI, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc . (NASDAQ: MSGM) (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport raci...

How to Follow the Third Round of the Le Mans Virtual Series by Motorsport Games, Kicking Off This Weekend on November 13

After an action-packed first two rounds, drivers will take on the long challenge of Nordschleife on Saturday at 7:30 a.m. ET After an action-packed first two rounds, drivers will take on the long challe...

Motorsport Games Reports Third Quarter 2021 Financial Results

MIAMI, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for the third quarter ended September 30, 2021. The C...

Motorsport Games to Report Third Quarter 2021 Financial Results

MIAMI, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) will report its financial results for the third quarter ended September 30, 2021 on Thursday, November 4, 2021 after market ...

Le Mans Virtual Series by Motorsport Games Gears Up for Round Two on October 16, 2021

After a thrilling 1st round that saw more than 2.6 million impressions worldwide, the 2nd stage kicks off at 7:30 a.m. EDT on Saturday After a thrilling 1st round that saw more than 2.6 million impressi...