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-K - Q4 2024 - Mar 20, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 50.6 % -20.2%
Debt-to-equity 209 % -15.8%
Return On Equity -148 % +55.2%
Return On Assets -36.4 % +64.1%
Operating Margin -20.1 % +91.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.97M USD -44.3%
Weighted Average Number of Shares Outstanding, Basic 2.92M shares +13.4%
Weighted Average Number of Shares Outstanding, Diluted 2.92M shares +13.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 8.69M USD +25.7%
Cost of Revenue 3.23M USD -10.9%
Research and Development Expense 3.38M USD -53.3%
Selling and Marketing Expense 739K USD -56.3%
General and Administrative Expense 6.88M USD -26.5%
Operating Income (Loss) -1.75M USD +89.3%
Net Income (Loss) Attributable to Parent -2.75M USD +80.8%
Earnings Per Share, Basic -0.94 USD/shares +83.1%
Earnings Per Share, Diluted -0.94 USD/shares +83.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 859K USD -48.7%
Assets, Current 2.8M USD -20.5%
Property, Plant and Equipment, Net 55.4K USD -77.6%
Operating Lease, Right-of-Use Asset 51K USD -74.2%
Intangible Assets, Net (Excluding Goodwill) 3.37M USD -41.9%
Assets 6.27M USD -35.8%
Accounts Payable, Current 2.98M USD +266%
Accrued Liabilities, Current 1.07M USD -43.4%
Liabilities, Current 5.02M USD -33.9%
Operating Lease, Liability, Noncurrent 16.3K USD -64.3%
Other Liabilities, Noncurrent 17.6K USD -99.4%
Liabilities 5.04M USD -34.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -674K USD +63.5%
Retained Earnings (Accumulated Deficit) -91.8M USD -3.09%
Stockholders' Equity Attributable to Parent 496K USD -52.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.23M USD -41.3%
Liabilities and Equity 6.27M USD -35.8%

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 21.8M USD +8.27%
Deferred Tax Assets, Gross 21.8M USD +7.92%
Operating Lease, Liability 37.8K USD
Payments to Acquire Property, Plant, and Equipment 15.1K USD -85.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.58M USD +89.7%
Lessee, Operating Lease, Liability, to be Paid 40.1K USD
Property, Plant and Equipment, Gross 878K USD -8.82%
Operating Lease, Liability, Current 31.1K USD -79.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 13.4K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 26.7K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.35K USD
Deferred Tax Assets, Operating Loss Carryforwards 11M USD -2.82%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Additional Paid in Capital 93M USD +1.13%
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 21.8M USD +8.27%
Interest Expense 121K USD -84.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%