Motorsport Games Inc.

NasdaqCM:MSGM Stock Report

Market Cap: US$18.0m

Motorsport Games Balance Sheet Health

Financial Health criteria checks 5/6

Motorsport Games has a total shareholder equity of $8.6M and total debt of $353.7K, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are $13.9M and $5.3M respectively. Motorsport Games's EBIT is $4.4M making its interest coverage ratio 492.9. It has cash and short-term investments of $5.9M.

Key information

4.13%

Debt to equity ratio

US$353.69k

Debt

Interest coverage ratio492.9x
CashUS$5.86m
EquityUS$8.56m
Total liabilitiesUS$5.32m
Total assetsUS$13.88m

Recent financial health updates

Recent updates

Analysis Article • 22h

Is There Now An Opportunity In Motorsport Games Inc. (NASDAQ:MSGM)?

Motorsport Games Inc. ( NASDAQ:MSGM ), might not be a large cap stock, but it saw a double-digit share price rise of...
New Narrative • Jul 02

Revenue Concentration And Execution Risks Will Likely Undermine Long Term Earnings Resilience

Catalysts About Motorsport Games Motorsport Games develops and publishes racing simulation games and related online competition platforms. What are the underlying business or industry changes driving this perspective?
Analysis Article • Apr 17

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

The Motorsport Games Inc. ( NASDAQ:MSGM ) share price has softened a substantial 30% over the previous 30 days, handing...
Analysis Article • Mar 29

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

The latest analyst coverage could presage a bad day for Motorsport Games Inc. ( NASDAQ:MSGM ), with the analysts making...
Seeking Alpha • Sep 08

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

Motorsport Games (NASDAQ:MSGM) executed a support agreement with its majority stockholder, Motorsport Network, which paid a $3M cash advance to Motorsport Games under the terms of the parties’ pre-existing line of credit. Company also announced a new organizational restructuring program that is expected to generate material annualized cost reductions of ~$4M by the end of 2023. The goal of the 2022 restructuring program is to build a stronger global business operation, enhance the company’s cost efficiency and improve operating margins.  To re-gain compliance with Nasdaq's standards, the company also announced its plans to effect a 1-for-10 reverse stock split during Q4 2022. Seeking Alpha states that the stock is at a high risk of performing badly due to decelerating momentum and inferior profitability when compared to other communication services stocks.
Analysis Article • Aug 16

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

Today is shaping up negative for Motorsport Games Inc. ( NASDAQ:MSGM ) shareholders, with the analysts delivering a...
Analysis Article • Aug 13

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

Motorsport Games Inc. ( NASDAQ:MSGM ) last week reported its latest quarterly results, which makes it a good time for...
Seeking Alpha • Aug 10

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

Motorsport Games press release (NASDAQ:MSGM): Q2 GAAP EPS of -$0.63 misses by $0.17. Revenue of $2.01M (-9.9% Y/Y) beats by $0.18M.

Financial Position Analysis

Short Term Liabilities: MSGM's short term assets ($9.1M) exceed its short term liabilities ($3.9M).

Long Term Liabilities: MSGM's short term assets ($9.1M) exceed its long term liabilities ($1.4M).

Debt to Equity History and Analysis

Debt Level: MSGM has more cash than its total debt.

Reducing Debt: MSGM's debt to equity ratio has increased from 1.6% to 4.1% over the past 5 years.

Debt Coverage: MSGM's debt is well covered by operating cash flow (1511.5%).

Interest Coverage: MSGM's interest payments on its debt are well covered by EBIT (492.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/04 05:21
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Motorsport Games Inc. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HickeyBenchmark Company
Michael GrahamCanaccord Genuity
Franco Granda PenaherreraD.A. Davidson & Co.