Source text for Eikon: ID:nGNX4Bc6fs Further company coverage: MSGM.O ((Reuters.Briefs@thomsonreuters.com;)) Motorsport Games is also engaged in multiple Esports racing events and competitions (e.g. Motorsport Games is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world ... 2020 and 2019, approximately 62% and 51%, respectively, of our revenue from sales of video games for game consoles was through digital channels. Q4 REVENUE ROSE 26 PERCENT TO $2.9 MILLION. The privately held business was founded in 2015 with the acquisition of Motorsport.com and now operates international digital, print, e-commerce & event businesses. Item 2.01. It plans to list on the Nasdaq under the symbol MSGM. Completion of Acquisition or Disposition of Assets. Motorsport Network is an international media and technology company headquartered in Miami, FL and London, UK.The company's proprietary brands, websites and OTT operations focus on motor racing and consumer automotive content. Now live, Traxion is bringing users the latest news, reviews and opinions from the world of virtual racingMIAMI, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, today announced the launch of Traxion.gg, a … On Monday, Motorsport said it was selling 3 million shares at $19 to $20 each, a prospectus said. Copy of the SPA was filed as Exhibit 10.1 to the … Motorsport Games Expects to Meet or Exceed 1Q Revenue of $1.8 M >MSGM Motorsport Games Inc. and Activision Blizzard, Inc. are ... MSGM’s total revenue increased 68.4% year-over-year to $16.11 million in the nine-months ended September 30, 2020. Motorsport Games Inc. is based in MIAMI. Motorsport Games's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.4 million. Release: Mar 8, 2021 (4 weeks, 1 day ago) Early Access Motorsport Games was founded in 2015 and booked $18 million in revenue for the 12 months ended September 30, 2020. To put Motorsport Games's EBITDA into context you can compare it against that of similar companies. The MarketWatch News Department was not involved in the creation of this content. Revenue; Consumer Discretionary: Gaming: $0.406B: $0.019B: Motorsport Games Inc. is a racing game developer, publisher and esports ecosystem provider of official motorsport racing series. Motorsport Games has applied to list its Class A common stock on the Nasdaq Capital Market under the symbol “MSGM.” Canaccord Genuity LLC and The Benchmark Company, LLC are … The EBITDA is a measure of a Motorsport Games's overall financial performance and is widely used to measure a its profitability. Motorsport Games has increased the size of its initial public offering and boosted its price range. Motorsport Games Inc (MSGM:NAQ) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more. "[Motorsport Games] are in the process of developing two other NASCAR mobile games with projected release dates in 2021" "We also plan to introduce a slate of NASCAR branded casual gaming options, starting with the officially licensed NASCAR 'match three' game in 2021" Motorsport Games is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, including NASCAR, the iconic 24 Hours of Le Mans endurance race (“Le Mans”) and the associated FIA World Endurance Championship (the “WEC”), the British Touring Car Championship (the “BTCC”) and others. NASCAR Heat Pro League, Le Mans Esports Series, Official DiRT Rally). MOTORSPORT GAMES SEC FILING: New games, engine, revenue, NASCAR NXT. Profitability. A high-level overview of Motorsport Games Inc. (MSGM) stock. Jon New, Chief Financial Officer of Motorsport Games, stated “On a year over year basis, with the considerable revenue growth driven by NASCAR Heat sales, improved gross margins and cost control, we generated improvement in net loss and Adjusted EBITDA for … Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. On April 20, 2021, Motorsport Games Inc., a Delaware corporation (the "Company"), closed the transactions contemplated by the share purchase agreement dated April 1, 2021 (the "SPA") with Luminis International BV ("Luminis") and Technology In Business B.V. ("TIB"). MIAMI, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (“Motorsport Games”), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, today announced the pricing of its initial public offering of 3,000,000 shares of its Class A common stock at a public offering price of $20.00 per share. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Motorsport Games Inc. (MSGM) using our online tools. Revenue (Quarterly) is a widely used stock evaluation measure. The firm develops racing video games from licensed relationships with major racing series worldwide. Developer: The Motor Game Company. Revenue (TTM) is a widely used stock evaluation measure. This table compares Motorsport Games and Enthusiast Gaming's top-line revenue, earnings per share (EPS) and valuation. March 24 (Reuters) - Motorsport Games Inc MSGM.O: MOTORSPORT GAMES REPORTS FOURTH QUARTER & FULL YEAR 2020 FINANCIAL RESULTS. Platforms: Windows Linux. From that point on, the complaint stated, almost all of Motorsport Games’ revenue has come from 704Games, which develops and publishes video games for a … This table compares Kuke Music and Motorsport Games' net margins, return on equity and return on assets. Motorsport Games presently has a consensus target price of $41.00, indicating a potential upside of 92.40%. Find the latest Revenue (TTM) for Motorsport Games Inc. (MSGM) Find the latest Revenue (Quarterly) for Motorsport Games Inc. (MSGM) Publisher: The Motor Game Company. Apart from PC&console games, the company has published one mobile title NASCAR Heat Mobile, which demonstrated limited performance with ~1.3m downloads and $1.2m in-app net revenue in 2020. Given Motorsport Games' higher probable upside, analysts plainly believe Motorsport Games is more favorable than Kuke Music. Its gross profit grew 87.4% from its year-ago value to $10.85 million. Motorsport Games Inc. is engaged in developing and publishing of racing game. Valuation and Earnings. Get the detailed quarterly/annual income statement for Motorsport Games Inc. (MSGM). Motorsport Games Inc. Cl A. Motorsport Games, Inc. a Motorsport Network company, combines video games with e-sports competitions and content for racing fans and gamers around the globe. Stock analysis for Motorsport Games Inc (MSGM:NASDAQ CM) including stock price, stock chart, company news, key statistics, fundamentals and company profile. MIAMI, April 28, 2021 (GLOBE NEWSWIRE) -- Motorsport Games, Inc. (NASDAQ: MSGM) will report financial results for the first quarter ended March 31, 2021 on Monday, May 17, 2021 after market close. Motorsport Games has filed to raise $40 million in an IPO. Motorsport Games has a consensus target price of $41.00, suggesting a potential upside of 69.21%. Stock analysis for Motorsport Games Inc (1855235D) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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