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Motorsport Games NasdaqCM:MSGM Stock Report

Last Price

US$2.28

Market Cap

US$6.5m

7D

-10.6%

1Y

-48.3%

Updated

31 May, 2024

Data

Company Financials +

Motorsport Games Inc.

NasdaqCM:MSGM Stock Report

Market Cap: US$6.5m

Motorsport Games Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Motorsport Games
Historical stock prices
Current Share PriceUS$2.28
52 Week HighUS$8.71
52 Week LowUS$2.00
Beta2.06
1 Month Change-0.44%
3 Month Change2.70%
1 Year Change-48.30%
3 Year Change-98.46%
5 Year Changen/a
Change since IPO-99.35%

Recent News & Updates

Recent updates

Motorsport Games Inc. (NASDAQ:MSGM) Might Not Be As Mispriced As It Looks After Plunging 30%

Apr 17
Motorsport Games Inc. (NASDAQ:MSGM) Might Not Be As Mispriced As It Looks After Plunging 30%

Bearish: Analysts Just Cut Their Motorsport Games Inc. (NASDAQ:MSGM) Revenue and EPS estimates

Mar 29
Bearish: Analysts Just Cut Their Motorsport Games Inc. (NASDAQ:MSGM) Revenue and EPS estimates

Motorsport Games announces 1-for-10 reverse stock split and 2022 restructuring program

Sep 08

Need To Know: Analysts Just Made A Substantial Cut To Their Motorsport Games Inc. (NASDAQ:MSGM) Estimates

Aug 16
Need To Know: Analysts Just Made A Substantial Cut To Their Motorsport Games Inc. (NASDAQ:MSGM) Estimates

Earnings Update: Motorsport Games Inc. (NASDAQ:MSGM) Just Reported And Analysts Are Trimming Their Forecasts

Aug 13
Earnings Update: Motorsport Games Inc. (NASDAQ:MSGM) Just Reported And Analysts Are Trimming Their Forecasts

Motorsport Games GAAP EPS of -$0.63 misses by $0.17, revenue of $2.01M beats by $0.18M

Aug 10

Motorsport Games (MSGM) Investor Presentation - Slideshow

Jun 16

Motorsport Games Inc. (NASDAQ:MSGM): When Will It Breakeven?

May 18
Motorsport Games Inc. (NASDAQ:MSGM): When Will It Breakeven?

Shareholder Returns

MSGMUS EntertainmentUS Market
7D-10.6%-1.0%-1.0%
1Y-48.3%29.6%25.2%

Return vs Industry: MSGM underperformed the US Entertainment industry which returned 29.6% over the past year.

Return vs Market: MSGM underperformed the US Market which returned 25.2% over the past year.

Price Volatility

Is MSGM's price volatile compared to industry and market?
MSGM volatility
MSGM Average Weekly Movement16.1%
Entertainment Industry Average Movement6.6%
Market Average Movement5.8%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: MSGM's share price has been volatile over the past 3 months.

Volatility Over Time: MSGM's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201856Stephen Hoodmotorsportgames.com

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 Championship and 24 Hours of Le Mans.

Motorsport Games Inc. Fundamentals Summary

How do Motorsport Games's earnings and revenue compare to its market cap?
MSGM fundamental statistics
Market capUS$6.45m
Earnings (TTM)-US$9.58m
Revenue (TTM)US$8.21m

0.8x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSGM income statement (TTM)
RevenueUS$8.21m
Cost of RevenueUS$3.04m
Gross ProfitUS$5.17m
Other ExpensesUS$14.76m
Earnings-US$9.58m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.52
Gross Margin62.99%
Net Profit Margin-116.76%
Debt/Equity Ratio1,209.9%

How did MSGM perform over the long term?

See historical performance and comparison
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