Motorsport Games Inc. financial data

Symbol
MSGM on Nasdaq
Industry
Services-Prepackaged Software
Location
5972 Ne 4 Th Avenue, Miami, FL
State of incorporation
FL
Fiscal year end
December 31
Former names
MOTORSPORT GAMING US LLC (to 1/11/2021)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 48.3 % -11.4%
Debt-to-equity 195 % -34.5%
Return On Equity 60.7 %
Return On Assets 10.5 %
Operating Margin -45.1 % +81.6%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 5.33M USD -30.6%
Weighted Average Number of Shares Outstanding, Basic 3.02M shares +11.2%
Weighted Average Number of Shares Outstanding, Diluted 3.02M shares +11.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 8.46M USD -5.28%
Cost of Revenue 2.83M USD -36.2%
Research and Development Expense 4.27M USD -49.5%
Selling and Marketing Expense 911K USD -68.7%
General and Administrative Expense 7.46M USD -28.6%
Operating Income (Loss) -3.82M USD +82.5%
Net Income (Loss) Attributable to Parent 1M USD
Earnings Per Share, Basic 12 USD/shares -76.3%
Earnings Per Share, Diluted 12 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 751K USD -36.5%
Assets, Current 2.36M USD -17.3%
Property, Plant and Equipment, Net 94.3K USD -69.8%
Operating Lease, Right-of-Use Asset 62K USD -75%
Intangible Assets, Net (Excluding Goodwill) 4.46M USD -44.3%
Assets 6.97M USD -38.9%
Accounts Payable, Current 2.6M USD +96.8%
Accrued Liabilities, Current 1.23M USD -66.7%
Liabilities, Current 4.77M USD -40.1%
Operating Lease, Liability, Noncurrent 25.9K USD -51.1%
Other Liabilities, Noncurrent 17.6K USD -99.4%
Liabilities 4.8M USD -56%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.48M USD -260%
Retained Earnings (Accumulated Deficit) -86.3M USD +4.85%
Stockholders' Equity Attributable to Parent 4.09M USD +892%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.17M USD +335%
Liabilities and Equity 6.97M USD -38.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -848K USD +85.1%
Net Cash Provided by (Used in) Financing Activities -50K USD -100%
Net Cash Provided by (Used in) Investing Activities -15.1K USD +85.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -423K USD -109%
Interest Paid, Excluding Capitalized Interest, Operating Activities 8.64K USD -9.12%
Deferred Tax Assets, Valuation Allowance 20.1M USD +30.3%
Deferred Tax Assets, Gross 20.2M USD +30.6%
Operating Lease, Liability 199K USD
Payments to Acquire Property, Plant, and Equipment 15.1K USD -85.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2.9M USD +65.2%
Lessee, Operating Lease, Liability, to be Paid 208K USD -75.6%
Property, Plant and Equipment, Gross 962K USD +4.08%
Operating Lease, Liability, Current 32.6K USD -83.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 26.7K USD -90.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 154K USD -48.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.96K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 26.5K USD -86%
Deferred Tax Assets, Operating Loss Carryforwards 11.3M USD +1.22%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 72.1K USD +50%
Additional Paid in Capital 92.9M USD +1.17%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 500K USD +25%
Depreciation, Depletion and Amortization 602K USD +19.8%
Deferred Tax Assets, Net of Valuation Allowance 20.1M USD +30.3%
Operating Leases, Future Minimum Payments Due 1.3M USD
Interest Expense 189K USD -84%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%