MSGM: Motorsport Games Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Motorsport Games Inc (MSGM).
$5.20M Market Cap.
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 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 (-52.12%) | $1,036,422 (-32.42%) | $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 (-3.09%) | -$89,037,012 (-20.35%) | -$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 (-63.32%) | $19,660,943 (-51.32%) | $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 (0%) | $0 (0%) | -$849,649 (-56.54%) | -$542,754 (-150.40%) |
Net Income | -$2,752,956 (80.78%) | -$14,323,185 (60.20%) | -$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 (80.78%) | -$14,323,185 (60.20%) | -$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 (80.57%) | -$13,550,196 (61.11%) | -$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 (89.31%) | -$16,371,764 (53.26%) | -$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 (79.21%) | -$13,651,861 (30.06%) | -$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 (-96.66%) | $199,884 (-84.13%) | $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 (-5.25%) | $2,889,912 (16.24%) | $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% (84.71%) | -207.30% (40.53%) | -348.60% (-58.45%) | -220.00% (-2291.30%) |
EBITDA Margin | 1.20% (100.78%) | -154.30% (50.77%) | -313.40% (-53.03%) | -204.80% (-11947.06%) |
Return on Average Equity (ROAE) | -100.60% (72.17%) | -361.50% (-12.58%) | -321.10% (-356.11%) | -70.40% (-182.05%) |
Return on Average Assets (ROAA) | -36.40% (64.03%) | -101.20% (30.97%) | -146.60% (-154.51%) | -57.60% (-396.55%) |
Return on Sales (ROS) | -30.30% (84.55%) | -196.10% (41.90%) | -337.50% (-55.82%) | -216.60% (-3838.18%) |
Return on Invested Capital (ROIC) | 78.30% (-75.16%) | 315.20% (-72.97%) | 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 (-156.47%) | -0.56 (-311.85%) | -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 (2.75%) | 10.21 (101.96%) | 5.05 (192.76%) | 1.73 |
Debt to Equity Ratio (D/E) | 10.16 (37.32%) | 7.4 (-33.23%) | 11.08 (3102.60%) | 0.35 (102.26%) |
Earnings Per Share (EPS) | -0.94 (83.09%) | -5.56 (81.91%) | -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 (81.58%) | -5.31 (68.61%) | -16.91 (11.30%) | -19.07 (-927.69%) |
Book Value Per Share (BVPS) | 0.17 (-57.71%) | 0.4 (-69.29%) | 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 (4804.97%) | -0.91 (-487.66%) | -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 (79.12%) | -$13,683,514 (30.94%) | -$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 (80.78%) | -$14,323,185 (60.20%) | -$35,990,805 (-8.53%) | -$33,161,991 (-1787.80%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $105,951 (100.99%) | -$10,660,284 (67.05%) | -$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 (-30.92%) | $3,962,332 (-64.65%) | $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%) |
