Motorsport Gaming Financials

MSGM Stock  USD 1.23  0.02  1.60%   
Motorsport Gaming Us is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, Motorsport Gaming's Common Stock Shares Outstanding is very stable compared to the past year. As of the 30th of December 2024, Other Stockholder Equity is likely to grow to about 96.5 M, while Short and Long Term Debt Total is likely to drop about 188.7 K. Key indicators impacting Motorsport Gaming's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.440.4634
Notably Down
Slightly volatile
The financial analysis of Motorsport Gaming is a critical element in measuring its lifeblood. Investors should not minimize Motorsport Gaming's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(13.7 Million)

  

Motorsport Gaming Stock Summary

Motorsport Gaming competes with Blue Hat, Bilibili, Victory Square, GD Culture, and Doubledown Interactive. Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. Motorsport Games Inc. operates as a subsidiary of Motorsport Network LLC. Motorsport Games operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 166 people.
Specialization
Communication Services, Electronic Gaming & Multimedia
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS62011B1026
CUSIP62011B102 62011B201
LocationFlorida; U.S.A
Business Address5972 NE 4th
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitemotorsportgames.com
Phone305 507 8799
CurrencyUSD - US Dollar

Motorsport Gaming Key Financial Ratios

Motorsport Gaming Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets12.8M17.4M50.7M18.9M9.8M9.3M
Other Current Liab852.9K3.3M6.1M10.1M6.3M5.1M
Net Debt6.1M6.9M(17.7M)18.5K(1.5M)(1.4M)
Retained Earnings(3.1M)(4.8M)(38.0M)(74.0M)(87.0M)(82.7M)
Accounts Payable266.9K706.0K1.8M2.4M813.7K1.2M
Cash2.0M4.0M17.8M979.3K1.7M1.6M
Net Receivables5.1M6.0M5.6M2.0M735.8K699.0K
Other Current Assets77.0K1.0M1.2M1.0M1.1M825.8K
Total Liab9.2M15.8M12.7M17.0M7.7M12.6M
Net Invested Capital5.0M9.8M36.8M1.5M3.0M2.9M
Total Current Assets7.1M10.5M24.6M4.0M3.5M3.3M
Net Working Capital(2.0M)(4.4M)16.0M(9.3M)(4.1M)(3.9M)
Short Term Debt8.0M10.9M(404.8K)380.5K153.0K145.4K
Intangible Assets5.3M5.6M20.5M13.4M5.8M10.4M

Motorsport Gaming Key Income Statement Accounts

201920202021202220232024 (projected)
Ebit(4.6M)37.6K(33.2M)(35.7M)(13.6M)(14.2M)
Income Tax Expense(2.8M)1.8M1.3M10.6M(1.3M)(1.2M)
Minority Interest6.7M2.6M542.8K849.6K148.6K141.2K

Motorsport Gaming Key Cash Accounts

201920202021202220232024 (projected)
Investments(592.6K)(244.2K)(14.6M)(292.4K)(52.3K)(54.9K)
Change In Cash(1.5M)2.0M13.8M(16.8M)695.9K730.7K
Depreciation861.9K720.2K1.8M2.1M2.1M1.5M
Capital Expenditures108.3K236.8K982.2K292.4K789.2K446.0K
Net Income(5.8M)(679.9K)(33.7M)(36.8M)(13.1M)(13.7M)
End Period Cash Flow2.0M4.0M17.8M979.3K1.7M1.6M

Motorsport Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Motorsport Gaming's current stock value. Our valuation model uses many indicators to compare Motorsport Gaming value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Motorsport Gaming competition to find correlations between indicators driving Motorsport Gaming's intrinsic value. More Info.
Motorsport Gaming Us is regarded fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Motorsport Gaming's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Motorsport Gaming by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Motorsport Gaming Systematic Risk

Motorsport Gaming's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Motorsport Gaming volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Motorsport Gaming correlated with the market. If Beta is less than 0 Motorsport Gaming generally moves in the opposite direction as compared to the market. If Motorsport Gaming Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Motorsport Gaming is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Motorsport Gaming is generally in the same direction as the market. If Beta > 1 Motorsport Gaming moves generally in the same direction as, but more than the movement of the benchmark.

Motorsport Gaming Thematic Clasifications

Motorsport Gaming Us is part of Video Games investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Equities that are involved in video gaming space. Companies that are involved in the building and marketing of video games or gaming software.
Video GamesView
This theme covers Equities that are involved in video gaming space. Companies that are involved in the building and marketing of video games or gaming software. . Get More Thematic Ideas
Today, most investors in Motorsport Gaming Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Motorsport Gaming's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Motorsport Gaming growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.006625

At this time, Motorsport Gaming's Price Earnings To Growth Ratio is very stable compared to the past year.

Motorsport Gaming December 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Motorsport Gaming help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Motorsport Gaming Us. We use our internally-developed statistical techniques to arrive at the intrinsic value of Motorsport Gaming Us based on widely used predictive technical indicators. In general, we focus on analyzing Motorsport Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Motorsport Gaming's daily price indicators and compare them against related drivers.
When determining whether Motorsport Gaming is a strong investment it is important to analyze Motorsport Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Motorsport Gaming's future performance. For an informed investment choice regarding Motorsport Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Motorsport Gaming. If investors know Motorsport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Motorsport Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.06
Revenue Per Share
3.076
Quarterly Revenue Growth
0.082
Return On Assets
(0.49)
Return On Equity
(0.14)
The market value of Motorsport Gaming is measured differently than its book value, which is the value of Motorsport that is recorded on the company's balance sheet. Investors also form their own opinion of Motorsport Gaming's value that differs from its market value or its book value, called intrinsic value, which is Motorsport Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Motorsport Gaming's market value can be influenced by many factors that don't directly affect Motorsport Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Motorsport Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorsport Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorsport Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.