Company Analysis

Motorsport Games Inc. (MSGM)

Nasdaq: MSGM · Services-Prepackaged Software · Miramar, FL · filing with the SEC since 2020
Grade4.8
◀ Past 1.4● Present 5.0▶ Future 6.7
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedMar 10, 2026Mar 20, 2025Apr 1, 2024Mar 24, 2023Mar 30, 2022Mar 24, 2021·
Revenue11,297,8988,687,4626,909,67410,324,55915,075,53019,045,52911,850,787
For lenders
Net interest income-18,786-120,757-772,989-1,148,204-504,156··
Cost of revenue2,093,3103,225,7503,620,4954,960,3177,529,1556,595,8724,888,877
Gross profit9,204,5885,461,7123,289,1795,364,2427,546,37512,449,6576,961,910
Research and development1,760,1833,378,3467,237,15410,417,2609,621,7124,649,1874,784,034
Sales and marketing624,623739,0981,690,7726,172,3246,475,8673,402,3103,771,570
General and administrative5,132,4346,883,4689,367,03013,764,17725,378,1494,335,4342,605,782
Total operating expenses7,564,28511,209,56422,698,28440,390,64642,073,03312,448,51012,138,023
Operating income3,248,800-1,749,852-16,371,764r-35,026,404-34,526,6581,147-5,176,113
Interest expense18,786120,757772,9891,148,204504,156717,498r·
Interest and investment income·····1,33935,728
Share of profit of equity-method investments····1,370,837-70,792-608,656
Other income (expense), net3,369,625-1,177,4622,821,568r-665,846-44,768107,289-6,523
Income before income taxes6,599,639-3,048,071·····
Income tax expense-245,258······
Net income including non-controlling interests6,844,897-3,048,071-14,323,185-36,840,454-33,704,745-679,854-5,755,564
Net income to non-controlling interests-83,170-295,115-1,272,046-849,649-542,7541,076,793-2,191,418
Net income6,928,067-2,752,956-14,323,185r-35,990,805-33,161,991-1,756,647-3,564,146
Earnings per share, basic1.43-0.94-5.56r30.73r-29.15··
Earnings per share, diluted1.43-0.94-5.56r30.73···
Earnings per share, basic and diluted····-2.91··
Weighted average shares, basic4,840,6562,922,0912,577,4511,171,323···
Weighted average shares, diluted4,840,6562,922,0912,577,4511,171,323···
Weighted average shares, basic and diluted····11,376,754··
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton MSGM · research, not advice