Motorsport Games Inc Cl A MSGM

$4.51 -0.15 (-3.22%)

Valuation

Market cap
18,700,000
Revenue TTM
$11,300,000
Net income TTM
$6,930,000
PE ratio
8.35
Forward PE
15.30
Profit margin
61.33%
Debt to equity
0.23

Trading

Volume
28,445
Avg volume
92,620
Day's range
$4.43 – $4.57
Shares out
4,174,000
Stochastic %K
26%
Beta
1.87
Analysts
Hold
Price target
$9.00

Price

Company profile

Motorsport Games Inc. develops and publishes racing video games for personal computers in the United States. The company operates through Gaming and Esports segments. It provides rFactor 2, a realistic racing simulation game; KartKraft, a kart racing simulator; and Le Mans Ultimate, an official game of the FIA World Endurance Championship and 24 Hours of Le Mans. The company also organizes and facilitates esports tou...

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Motorsport Games Inc. develops and publishes racing video games for personal computers in the United States. The company operates through Gaming and Esports segments. It provides rFactor 2, a realistic racing simulation game; KartKraft, a kart racing simulator; and Le Mans Ultimate, an official game of the FIA World Endurance Championship and 24 Hours of Le Mans. The company also organizes and facilitates esports tournaments, competitions, and events for its licensed racing games, as well as on behalf of third-party racing game developers and publishers. It offers its products for game consoles, personal computer, and mobile platforms through various retail and digital channels, including full-game and downloadable content. The company was founded in 2018 and is headquartered in Miramar, Florida. Motorsport Games Inc. operates as a subsidiary of Driven Lifestyle Group LLC.

Industry
Electronic Gaming & Multimedia
Sector
Communication Services
Phone
305 413 0812
Website
https://motorsportgames.com
Address
3350 SW 148th Avenue, Suite 207, Miramar, United States

Latest news

Stocktwits

focafoca99 Oct 27, 4:22 PM
$MSGM recorded a new peak of 11,941 concurrent players for its Le Mans Ultimate online event.
0 replies
Ratatak Oct 27, 1:52 PM
$MSGM
0 replies
Ratatak Oct 22, 3:10 PM
$MSGM
0 replies
acallian Oct 21, 7:19 PM
$MSGM Are people watching this? This seems like a clear bargain even under much lower growth rates going forward. Anyone have any ideas on how to project future sales of Le Mans for console? Simple way for me was Current PC sales (shown on sensor tower) 650,000/32 months (rolled out Feb,2024) =243,750 sales per year. Assume we have a similar demand profile on console systems 650,000x39.99 =25,993,500 But there are only 645/936 million consoles/pcs = 0.69 to 1. Take 25,993,500*0.69 =17,935,515 over the next three years as base case. Is this realistic/ any better ways guys? But this thing seems dumb cheap with the way the Le Mans title is growing + all the shareholder friendly actions
1 replies
Ratatak Oct 20, 12:44 PM
$MSGM
0 replies
chicharrotrading Oct 16, 12:57 PM
$FMFC $MSGM 🔥today's watchlist — 1 micro/nano-cap + 1 micro/nano-floater covered below. $FMFC (micro/nano-cap #17) 🚀strong momentum, ⚠️elevated risk | Consumer Cyclical/Footwear & Accessories ($2.9M) 🔦 Chart flags a recent MACD/Signal crossover — 🏭 Household balance sheets Employment trends Consumer confidence — 🌍 Central-bank policy stance Interest-rate expectations Risk appetite — 📰 A deal to buy 15% of Dumaine ended, while Kandal M Venture (FMFC) agreed to a bond deal. (Stock Titan) — 🟢 External conditions: POSITIVE $MSGM (micro/nano-floater #9) 🚀strong momentum, ⚠️elevated risk | Communication Services/Electronic Gaming & Multimedia ($25.0M) — Float 3.0M shares. 🔦 Chart flags a recent cup & handle pattern — 🏭 Content & antitrust policy Spectrum allocation Consumer-spending trends — 🌍 National regulatory developments Policy headline sensitivity — 📰 New Strong Buy Stocks for September 30th (Zacks) — 🟢 External conditions: POSITIVE
0 replies
SocioCobb Oct 15, 11:29 PM
$MSGM from about two mos ago…
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Yingtrader7 Oct 5, 7:30 PM
$GIGM wow guys did you see $MSGM hoping soon we pull that $WETO 😱
0 replies