Motorsport Games Past Earnings Performance
Past criteria checks 3/6
Motorsport Games has been growing earnings at an average annual rate of 1.2%, while the Entertainment industry saw earnings growing at 24.7% annually. Revenues have been declining at an average rate of 18.5% per year. Motorsport Games's return on equity is 115.3%, and it has net margins of 59.9%.
Key information
1.2%
Earnings growth rate
29.4%
EPS growth rate
| Entertainment Industry Growth | 18.1% |
| Revenue growth rate | -18.5% |
| Return on equity | 115.3% |
| Net Margin | 59.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Motorsport Games Inc. (NASDAQ:MSGM) Might Not Be As Mispriced As It Looks After Plunging 30%
Apr 17
Bearish: Analysts Just Cut Their Motorsport Games Inc. (NASDAQ:MSGM) Revenue and EPS estimates
Mar 29Motorsport Games announces 1-for-10 reverse stock split and 2022 restructuring program
Sep 08Need To Know: Analysts Just Made A Substantial Cut To Their Motorsport Games Inc. (NASDAQ:MSGM) Estimates
Aug 16Earnings Update: Motorsport Games Inc. (NASDAQ:MSGM) Just Reported And Analysts Are Trimming Their Forecasts
Aug 13Motorsport Games GAAP EPS of -$0.63 misses by $0.17, revenue of $2.01M beats by $0.18M
Aug 10Motorsport Games (MSGM) Investor Presentation - Slideshow
Jun 16Motorsport Games Inc. (NASDAQ:MSGM): When Will It Breakeven?
May 18Revenue & Expenses Breakdown
How Motorsport Games makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 8 | 5 | 8 | 4 |
| 30 Jun 24 | 8 | 2 | 8 | 5 |
| 31 Mar 24 | 8 | -10 | 10 | 6 |
| 31 Dec 23 | 7 | -13 | 11 | 7 |
| 30 Sep 23 | 9 | -22 | 13 | 8 |
| 30 Jun 23 | 8 | -27 | 17 | 10 |
| 31 Mar 23 | 9 | -26 | 18 | 10 |
| 31 Dec 22 | 10 | -36 | 20 | 10 |
| 30 Sep 22 | 15 | -38 | 22 | 11 |
| 30 Jun 22 | 16 | -36 | 20 | 12 |
| 31 Mar 22 | 16 | -34 | 21 | 11 |
| 31 Dec 21 | 15 | -33 | 32 | 10 |
| 30 Sep 21 | 10 | -29 | 29 | 7 |
| 30 Jun 21 | 17 | -21 | 26 | 6 |
| 31 Mar 21 | 18 | -15 | 22 | 5 |
| 31 Dec 20 | 19 | -2 | 8 | 5 |
| 30 Sep 20 | 18 | 0 | 6 | 4 |
| 31 Dec 19 | 12 | -4 | 6 | 5 |
| 31 Dec 18 | 15 | -2 | 6 | 4 |
Quality Earnings: MSGM has a large one-off gain of $4.3M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: MSGM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MSGM has become profitable over the past 5 years, growing earnings by 1.2% per year.
Accelerating Growth: MSGM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MSGM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (-4.9%).
Return on Equity
High ROE: MSGM's Return on Equity (115.3%) is considered outstanding.