MSGM Financial Statements

Balance sheet, income statement, cash flow, and dividends for Motorsport Games Inc (MSGM).


$5.20M Market Cap.

As of 03/20/2025 5:00 PM ET (MRY) • Disclaimer

MSGM Market Cap. (MRY)


MSGM Shares Outstanding (MRY)


MSGM Assets (MRY)


Total Assets

$6.27M

Total Liabilities

$5.04M

Total Investments

$0

MSGM Income (MRY)


Revenue

$8.69M

Net Income

-$2.75M

Operating Expense

$7.21M

MSGM Cash Flow (MRY)


CF Operations

-$2.84M

CF Investing

$1.18M

CF Financing

$834.05K

MSGM Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

-

-

-

-

MSGM Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$6,268,221 (-35.77%)

$9,758,704 (-48.36%)

$18,897,792 (-62.73%)

$50,703,203 (191.62%)

Assets Current

$2,796,482 (-20.51%)

$3,517,897 (-13.00%)

$4,043,340 (-83.58%)

$24,622,840 (135.11%)

Assets Non-Current

$3,471,739 (-44.37%)

$6,240,807 (-57.99%)

$14,854,452 (-43.04%)

$26,080,363 (277.22%)

Goodwill & Intangible Assets

$3,365,298 (-41.94%)

$5,795,807 (-56.62%)

$13,360,230 (-47.30%)

$25,353,274 (344.31%)

Shareholders Equity

$496,258 (-83.69%)

$3,043,164 (98.42%)

$1,533,711 (-95.82%)

$36,719,338 (3665.91%)

Property Plant & Equipment Net

$106,441 (-76.08%)

$445,000 (-70.22%)

$1,494,222 (105.51%)

$727,089 (348.41%)

Cash & Equivalents

$859,271 (-48.71%)

$1,675,210 (71.06%)

$979,306 (-94.50%)

$17,819,640 (346.55%)

Accumulated Other Comprehensive Income

-$674,434 (63.55%)

-$1,850,216 (-98.22%)

-$933,406 (1.27%)

-$945,375 (-19283.75%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$1,446,990 (96.64%)

$735,839 (-63.49%)

$2,015,642 (-64.18%)

$5,627,846 (-5.82%)

Trade & Non-Trade Payables

$3,002,422 (236.83%)

$891,375 (-87.20%)

$6,961,430 (265.69%)

$1,903,660 (-83.53%)

Accumulated Retained Earnings (Deficit)

-$91,789,968 (-5.47%)

-$87,030,270 (-17.64%)

-$73,979,131 (-94.74%)

-$37,988,326 (-687.11%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$47,408 (-76.14%)

$198,674 (-80.09%)

$997,826 (0%)

$0 (0%)

Debt Current

$31,099 (-79.68%)

$153,015 (-59.79%)

$380,538 (0%)

$0 (0%)

Debt Non-Current

$16,309 (-64.28%)

$45,659 (-92.60%)

$617,288 (0%)

$0 (0%)

Total Liabilities

$5,042,219 (-34.25%)

$7,669,000 (-54.87%)

$16,994,394 (33.59%)

$12,721,200 (-19.34%)

Liabilities Current

$5,021,782 (-33.86%)

$7,592,243 (-43.01%)

$13,321,608 (46.04%)

$9,122,046 (-38.84%)

Liabilities Non-Current

$20,437 (-73.37%)

$76,757 (-97.91%)

$3,672,786 (2.05%)

$3,599,154 (320.12%)

MSGM Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$8,687,462 (25.73%)

$6,909,674 (-33.08%)

$10,324,559 (-31.51%)

$15,075,530 (-20.84%)

Cost of Revenue

$3,225,750 (-10.90%)

$3,620,495 (-27.01%)

$4,960,317 (-34.12%)

$7,529,155 (14.15%)

Selling General & Administrative Expense

$7,622,566 (-31.07%)

$11,057,802 (-44.53%)

$19,936,501 (-37.41%)

$31,854,016 (311.67%)

Research & Development Expense

$3,378,346 (-53.32%)

$7,237,154 (-30.53%)

$10,417,260 (8.27%)

$9,621,712 (106.95%)

Operating Expenses

$7,211,564 (-68.23%)

$22,698,284 (-43.80%)

$40,390,646 (-4.00%)

$42,073,033 (237.98%)

Interest Expense

$120,757 (-84.38%)

$772,989 (-32.68%)

$1,148,204 (127.75%)

$504,156 (-29.73%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$3,048,071 (78.72%)

-$14,323,185 (61.12%)

-$36,840,454 (-9.30%)

-$33,704,745 (-4857.64%)

Net Income to Non-Controlling Interests

-$295,115 (76.80%)

-$1,272,046 (-49.71%)

-$849,649 (-56.54%)

-$542,754 (-150.40%)

Net Income

-$2,752,956 (78.91%)

-$13,051,139 (63.74%)

-$35,990,805 (-8.53%)

-$33,161,991 (-1787.80%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$2,752,956 (78.91%)

-$13,051,139 (63.74%)

-$35,990,805 (-8.53%)

-$33,161,991 (-1787.80%)

Weighted Average Shares

$2,922,091 (13.37%)

$2,577,451 (120.05%)

$1,171,323 (2.96%)

$1,137,675 (-33.08%)

Weighted Average Shares Diluted

$2,922,091 (13.37%)

$2,577,451 (120.05%)

$1,171,323 (2.96%)

$1,137,675

Earning Before Interest & Taxes (EBIT)

-$2,632,199 (78.56%)

-$12,278,150 (64.76%)

-$34,842,601 (-6.69%)

-$32,657,835 (-3042.75%)

Gross Profit

$5,461,712 (66.05%)

$3,289,179 (-38.68%)

$5,364,242 (-28.92%)

$7,546,375 (-39.38%)

Operating Income

-$1,749,852 (90.98%)

-$19,409,105 (44.59%)

-$35,026,404 (-1.45%)

-$34,526,658 (-3010270.71%)

MSGM Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$1,181,485 (-71.94%)

$4,210,847 (1539.87%)

-$292,446 (97.97%)

-$14,386,515 (-700.48%)

Net Cash Flow from Financing

$834,051 (-91.61%)

$9,937,034 (480.15%)

$1,712,853 (-96.52%)

$49,259,307 (21910.15%)

Net Cash Flow from Operations

-$2,838,146 (78.03%)

-$12,916,182 (33.83%)

-$19,520,470 (6.79%)

-$20,941,664 (-616.65%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$815,939 (-217.25%)

$695,904 (104.13%)

-$16,840,334 (-221.77%)

$13,829,108 (581.15%)

Net Cash Flow - Business Acquisitions and Disposals

$1,200,000 (-76.00%)

$5,000,000 (0%)

$0 (0%)

-$13,632,213 (-935.66%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$18,515 (41.51%)

-$31,653 (89.18%)

-$292,446 (61.23%)

-$754,302 (-451.57%)

Issuance (Repayment) of Debt Securities

-$50,000 (95.51%)

-$1,112,500 (-166.45%)

$1,674,167 (115.17%)

-$11,037,364 (-3156.21%)

Issuance (Purchase) of Equity Shares

$884,051 (-92.00%)

$11,049,534 (28462.10%)

$38,686 (-99.94%)

$63,661,128 (0%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$6,671 (101.25%)

-$535,795 (-142.53%)

$1,259,729 (1334.79%)

-$102,020 (0%)

Share Based Compensation

$152,959 (-84.02%)

$957,302 (33.98%)

$714,523 (-92.65%)

$9,726,662 (0%)

Depreciation Amortization & Accretion

$2,738,150 (29.44%)

$2,115,430 (-14.91%)

$2,486,235 (39.28%)

$1,785,074 (147.87%)

MSGM Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

62.90% (32.14%)

47.60% (-8.46%)

52.00% (3.79%)

50.10% (-23.39%)

Profit Margin

-31.70% (83.22%)

-188.90% (45.81%)

-348.60% (-58.45%)

-220.00% (-2291.30%)

EBITDA Margin

1.20% (100.82%)

-147.10% (53.06%)

-313.40% (-53.03%)

-204.80% (-11947.06%)

Return on Average Equity (ROAE)

-100.60% (65.60%)

-292.40% (8.94%)

-321.10% (-356.11%)

-70.40% (-182.05%)

Return on Average Assets (ROAA)

-36.40% (60.52%)

-92.20% (37.11%)

-146.60% (-154.51%)

-57.60% (-396.55%)

Return on Sales (ROS)

-30.30% (82.95%)

-177.70% (47.35%)

-337.50% (-55.82%)

-216.60% (-3838.18%)

Return on Invested Capital (ROIC)

78.30% (-72.58%)

285.60% (-75.51%)

1166.30% (111.22%)

-10390.40% (-55368.09%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-1.43 (-133.39%)

-0.61 (-352.59%)

-0.14 (88.42%)

-1.17

Price to Sales Ratio (P/S)

0.45 (-60.88%)

1.15 (144.80%)

0.47 (-81.64%)

2.57

Price to Book Ratio (P/B)

10.49 (201.76%)

3.48 (-31.23%)

5.05 (192.76%)

1.73

Debt to Equity Ratio (D/E)

10.16 (303.17%)

2.52 (-77.26%)

11.08 (3102.60%)

0.35 (102.26%)

Earnings Per Share (EPS)

-0.94 (81.42%)

-5.06 (83.53%)

-30.73 (-5.42%)

-29.15 (0%)

Sales Per Share (SPS)

2.97 (10.89%)

2.68 (-69.58%)

8.81 (-33.48%)

13.25 (18.28%)

Free Cash Flow Per Share (FCFPS)

-0.98 (80.53%)

-5.02 (70.30%)

-16.91 (11.30%)

-19.07 (-927.69%)

Book Value Per Share (BVPS)

0.17 (-85.61%)

1.18 (-9.78%)

1.31 (-95.94%)

32.28 (5426.07%)

Tangible Assets Book Value Per Share (TABVPS)

0.99 (-35.44%)

1.54 (-67.47%)

4.73 (-78.78%)

22.28 (224.29%)

Enterprise Value Over EBIT (EV/EBIT)

-2 (-100.00%)

-1 (0%)

0 (0%)

-1

Enterprise Value Over EBITDA (EV/EBITDA)

42.58 (4586.83%)

-0.95 (-516.23%)

-0.15 (88.46%)

-1.33

Asset Turnover

1.15 (135.25%)

0.49 (16.19%)

0.42 (60.31%)

0.26 (-79.26%)

Current Ratio

0.56 (20.30%)

0.46 (52.30%)

0.3 (-88.74%)

2.7 (284.47%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$2,856,661 (77.94%)

-$12,947,835 (34.65%)

-$19,812,916 (8.68%)

-$21,695,966 (-653.95%)

Enterprise Value (EV)

$4,511,444 (-53.22%)

$9,644,021 (92.98%)

$4,997,429 (-87.87%)

$41,199,357

Earnings Before Tax (EBT)

-$2,752,956 (78.91%)

-$13,051,139 (63.74%)

-$35,990,805 (-8.53%)

-$33,161,991 (-1787.80%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$105,951 (101.04%)

-$10,162,720 (68.59%)

-$32,356,366 (-4.81%)

-$30,872,761 (-9578.89%)

Invested Capital

-$2,930,722 (42.60%)

-$5,105,882 (34.25%)

-$7,765,526 (-387.86%)

-$1,591,757 (77.97%)

Working Capital

-$2,225,300 (45.38%)

-$4,074,346 (56.09%)

-$9,278,268 (-159.86%)

$15,500,794 (449.01%)

Tangible Asset Value

$2,902,923 (-26.75%)

$3,962,897 (-28.44%)

$5,537,562 (-78.16%)

$25,349,929 (117.02%)

Market Capitalization

$5,203,968 (-50.80%)

$10,576,230 (36.48%)

$7,749,540 (-87.77%)

$63,362,050

Average Equity

$2,737,039 (-38.69%)

$4,464,018 (-60.18%)

$11,210,098 (-76.20%)

$47,098,894 (2400.82%)

Average Assets

$7,568,383 (-46.52%)

$14,151,592 (-42.37%)

$24,557,565 (-57.36%)

$57,589,466 (281.84%)

Invested Capital Average

-$3,359,874 (21.84%)

-$4,298,766 (-43.89%)

-$2,987,454 (-1050.49%)

$314,308 (105.70%)

Shares

3,883,558 (13.46%)

3,422,728 (83.29%)

1,867,359 (0.20%)

1,863,590 (9.62%)