Motorsport Games Inc - Class A logo

MSGM

Motorsport Games Inc - Class A

$0.6

Earnings Summary

Revenue
$3.32Mn
Net Profits
$-15.14Mn
Net Profit Margins
-455.71%

Highlights

Revenue:

Motorsport Games Inc - Class A’s revenue jumped 13.22% since last year same period to $3.32Mn in the Q1 2022. On a quarterly growth basis, Motorsport Games Inc - Class A has generated -68.95% fall in its revenue since last 3-months.

Net Profits:

Motorsport Games Inc - Class A’s net profit fell -475.12% since last year same period to $-15.14Mn in the Q1 2022. On a quarterly growth basis, Motorsport Games Inc - Class A has generated 27.3% jump in its net profits since last 3-months.

Net Profit Margins:

Motorsport Games Inc - Class A’s net profit margin fell -407.97% since last year same period to -455.71% in the Q1 2022. On a quarterly growth basis, Motorsport Games Inc - Class A has generated -134.13% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Motorsport Games Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.45
EPS Estimate Current Year
-0.45

Highlights

EPS Estimate Current Quarter:

Motorsport Games Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.45 - a 10% jump from last quarter’s estimates.

EPS Estimate Current Year:

Motorsport Games Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.45.

Key Ratios

Key ratios of the Motorsport Games Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-1.3
Return on Assets (ROA)
-0.38
Return on Equity (ROE)
-1.11
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Motorsport Games Inc - Class A’s earning per share (EPS) jumped 0% since last year same period to -1.3 in the Q1 2022. This indicates that the Motorsport Games Inc - Class A has generated 0% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Motorsport Games Inc - Class A’s return on assets (ROA) stands at -0.38.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Motorsport Games Inc - Class A’s return on equity (ROE) stands at -1.11.

Dividend Per Share (DPS):

Motorsport Games Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-16
-0.5
-1.3
-160%

Company Information

Motorsport Games, a Motorsport Network company, combines innovative and engaging video games with exciting esports competitions and content for racing fans and gamers around the globe. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series such as NASCAR and the British Touring Car Championship (“BTCC”) and an award-winning esports partner of choice for NASCAR, 24 Hours of Le Mans, Formula E, BTCC and the FIA World Rallycross Championship, among others.

Organisation
Motorsport Games Inc - Class A
Employees
96