MSGM
Income statement / Annual
Last year (2024), Motorsport Games Inc.'s total revenue was $8.69 M,
an increase of 25.73% from the previous year.
In 2024, Motorsport Games Inc.'s net income was -$2.75 M.
See Motorsport Games Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$8.69 M |
$6.91 M |
$10.32 M |
$15.08 M |
$19.05 M |
$11.85 M |
$14.76 M |
| Cost of Revenue |
$3.23 M
|
$3.62 M
|
$4.96 M
|
$7.53 M
|
$6.60 M
|
$4.89 M
|
$5.60 M
|
| Gross Profit |
$5.46 M
|
$3.29 M
|
$5.36 M
|
$7.55 M
|
$12.45 M
|
$6.96 M
|
$9.16 M
|
| Gross Profit Ratio |
0.63
|
0.48
|
0.52
|
0.5
|
0.65
|
0.59
|
0.62
|
| Research and Development Expenses |
$3.38 M
|
$7.24 M
|
$10.42 M
|
$9.62 M
|
$4.65 M
|
$4.78 M
|
$3.79 M
|
| General & Administrative Expenses |
$6.88 M
|
$9.37 M
|
$13.76 M
|
$25.38 M
|
$4.34 M
|
$2.61 M
|
$2.75 M
|
| Selling & Marketing Expenses |
$739.10 K
|
$1.69 M
|
$6.17 M
|
$6.48 M
|
$3.40 M
|
$3.77 M
|
$3.54 M
|
| Selling, General & Administrative Expenses |
$7.62 M
|
$11.06 M
|
$19.94 M
|
$31.85 M
|
$7.74 M
|
$6.38 M
|
$6.05 M
|
| Other Expenses |
-$3.79 M
|
$1.37 M
|
$10.04 M
|
$597.31 K
|
$61.58 K
|
$976.64 K
|
$0.00
|
| Operating Expenses |
$7.21 M
|
$19.66 M
|
$40.39 M
|
$42.07 M
|
$12.45 M
|
$12.14 M
|
$9.85 M
|
| Cost And Expenses |
$10.44 M
|
$23.28 M
|
$45.35 M
|
$49.60 M
|
$19.04 M
|
$17.03 M
|
$15.45 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.34 K
|
$35.73 K
|
$26.25 K
|
| Interest Expense |
$120.76 K
|
$772.99 K
|
$1.15 M
|
$504.16 K
|
$718.84 K
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$2.59 M
|
$2.12 M
|
$2.06 M
|
$1.79 M
|
$720.18 K
|
$861.87 K
|
$461.49 K
|
| EBITDA |
-$337.88 K |
-$11.43 M |
-$33.63 M |
-$31.42 M |
$757.82 K |
-$4.89 M |
-$665.76 K |
| EBITDA Ratio |
-0.04
|
-1.65
|
-3.26
|
-2.08
|
0.04
|
-0.41
|
-0.05
|
| Operating Income Ratio |
-0.2
|
-2.37
|
-3.39
|
-2.29
|
0
|
-0.44
|
-0.05
|
| Total Other Income/Expenses Net |
-$1.30 M
|
$2.05 M
|
-$1.81 M
|
$821.91 K
|
-$681.00 K
|
-$579.45 K
|
$8.38 K
|
| Income Before Tax |
-$3.05 M
|
-$14.32 M
|
-$36.84 M
|
-$33.70 M
|
-$679.85 K
|
-$5.76 M
|
-$1.15 M
|
| Income Before Tax Ratio |
-0.35
|
-2.07
|
-3.57
|
-2.24
|
-0.04
|
-0.49
|
-0.08
|
| Income Tax Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$2.32 K
|
| Net Income |
-$2.75 M
|
-$14.32 M
|
-$35.99 M
|
-$33.16 M
|
-$1.76 M
|
-$3.56 M
|
-$2.01 M
|
| Net Income Ratio |
-0.32
|
-2.07
|
-3.49
|
-2.2
|
-0.09
|
-0.3
|
-0.14
|
| EPS |
-0.94 |
-5.06 |
-30.73 |
-29.1 |
-1.76 |
-1.69 |
-1.15 |
| EPS Diluted |
-0.94 |
-5.06 |
-30.73 |
-29.1 |
-1.76 |
-1.69 |
-1.15 |
| Weighted Average Shares Out |
$2.92 M
|
$2.58 M
|
$1.17 M
|
$1.17 M
|
$1.03 M
|
$1.75 M
|
$1.75 M
|
| Weighted Average Shares Out Diluted |
$2.92 M
|
$2.58 M
|
$1.17 M
|
$1.17 M
|
$1.03 M
|
$1.75 M
|
$1.75 M
|
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