Motorsport GamesMSGM
MSGM
About: Motorsport Games Inc is a motorsport network company that combines engaging video games with esports competitions and content for racing fans and gamers around the globe. The company has its reportable segments into the development and publishing of interactive racing video games, entertainment content and services, and the organization and facilitation of esports tournaments, competitions, and events for licensed racing games as well as on behalf of third-party video game racing series and other video game publishers. The majority of the revenue is earned from Gaming.
Employees: 39
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
44% more funds holding
Funds holding: 9 [Q3] → 13 (+4) [Q4]
0.42% more ownership
Funds ownership: 3.12% [Q3] → 3.53% (+0.42%) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
2% less capital invested
Capital invested by funds: $153K [Q3] → $150K (-$3.19K) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for MSGM.
Financial journalist opinion
Based on 4 articles about MSGM published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Multimedia Update - Motorsport Games Inc. Announces $2.5 Million Strategic Investment led by Virtual Reality Company Pimax
MIAMI, April 15, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (“Motorsport Games” or “the Company”), the racing game developer and publisher of prominent simulation racing (or “sim racing”) titles including Le Mans Ultimate, is today announcing a private placement offering for gross proceeds of approximately $2.5 million, before deducting offering expenses, pursuant to a definitive agreement entered into on April 11, 2025 (the “Purchase Agreement”) with certain institutional and accredited investors, including an affiliate of Pimax Innovation Inc. (“Pimax”), a Delaware technology company and a global leader in high-end virtual reality (“VR”) headsets, to issue 1,894,892 shares of the Company's Class A common stock and a pre-funded warrant to purchase up to 377,836 shares of Class A common stock at an exercise price of $0.0001 per share. The private placement closed as to gross proceeds of $2.4 million from the majority of the investors on April 11, 2025, and is expected to close as to the remaining $100,000 with one investor on April 15, 2025.
Neutral
GlobeNewsWire
1 day ago
Motorsport Games Inc. Announces $2.5 Million Strategic Investment led by Virtual Reality Company Pimax
MIAMI, April 15, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (“Motorsport Games” or “the Company”), the racing game developer and publisher of prominent simulation racing (or “sim racing”) titles including Le Mans Ultimate, is today announcing a private placement offering for gross proceeds of approximately $2.5 million, before deducting offering expenses, pursuant to a definitive agreement entered into on April 11, 2025 (the “Purchase Agreement”) with certain institutional and accredited investors, including an affiliate of Pimax Innovation Inc. (“Pimax”), a Delaware technology company and a global leader in high-end virtual reality (“VR”) headsets, to issue 1,894,892 shares of the Company's Class A common stock and a pre-funded warrant to purchase up to 377,836 shares of Class A common stock at an exercise price of $0.0001 per share. The private placement closed as to gross proceeds of $2.4 million from the majority of the investors on April 11, 2025, and is expected to close as to the remaining $100,000 with one investor on April 15, 2025.
Neutral
Seeking Alpha
3 weeks ago
Motorsport Games Inc. (MSGM) Q4 2024 Earnings Call Transcript
Motorsport Games Inc. (NASDAQ:MSGM ) Q4 2024 Earnings Conference Call March 20, 2025 5:00 PM ET Company Participants Ben Rossiter-Turner - Investor Relations Stephen Hood - Chief Executive Officer Stanley Beckley - Chief Financial Officer Conference Call Participants Operator Thank you for standing by and welcome to Motorsport Games Inc.'s Fourth Quarter and Full Year 2024 Earnings Call. A section of our call has been prerecorded.
Neutral
GlobeNewsWire
3 weeks ago
Motorsport Games Reports Fourth Quarter & Full Year 2024 Financial Results
MIAMI, March 20, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. The Company has also posted the fourth quarter and fiscal year-end 2024 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company's investor relations website.
Neutral
GlobeNewsWire
1 month ago
Motorsport Games to Report Fourth Quarter and Full Year 2024 Financial Results
MIAMI, March 14, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”), a racing game developer, publisher and esports ecosystem provider of official motorsport racing series, will report its financial results for the fourth quarter and full year 2024 fiscal year on Thursday, March 20, 2025 after market close. Management will host a conference call and webcast on the same day at 5:00 p.m.
Neutral
GlobeNewsWire
1 month ago
Motorsport Games Inc. Announces Summary Judgment in its Favor in Dispute with Innovate 2 Corp
MIAMI, March 07, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM), a racing game developer and publisher, announces that on February 26, 2025, the U.S. District Court for the District of Delaware (the “Court”) granted the summary judgment motion in favor of Motorsport Games Inc. (the “Company”) and the other defendants, the Company's former Chief Executive Officer and Executive Chairman, the Company's former Chief Financial Officer, and the Manager of Driven Lifestyle Group LLC., in the case titled Innovate 2 Corp., Motorsport Games Inc., et al., No. 1:21-cv-165-SB.
Neutral
Seeking Alpha
5 months ago
Motorsport Games Inc. (MSGM) Q3 2024 Earnings Call Transcript
Motorsport Games Inc. (NASDAQ:MSGM ) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Ben Rossiter-Turner - Investor Relations Stephen Hood - Chief Executive Officer Stanley Beckley - Chief Financial Officer Conference Call Participants Operator Thank you for standing by and welcome to Motorsport Games Inc. Third Quarter 2024 Earnings Call. [Operator Instructions].
Neutral
GlobeNewsWire
5 months ago
Motorsport Games Reports Third Quarter 2024 Financial Results
MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its third quarter ended September 30, 2024. The Company has also posted the third quarter 2024 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company's investor relations website.
Neutral
GlobeNewsWire
5 months ago
Motorsport Games to Report Third Quarter 2024 Financial Results
MIAMI, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”), a racing game developer, publisher and esports ecosystem provider of official motorsport racing series, will report its financial results for the third quarter of 2024 on Thursday, November 14, 2024 after market close. Management will host a conference call and webcast on the same day at 5:00 p.m.
Neutral
GlobeNewsWire
6 months ago
Motorsport Games Considering Strategic Alternatives
MIAMI, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) is announcing that the Board of Directors has authorized management to consider strategic alternatives to maximize shareholder value, including a potential sale or merger of the Company. Management is also seeking funding that would allow it to deliver on viable opportunities including bringing Le Mans Ultimate to Sony PlayStation and Microsoft Xbox gaming consoles. Le Mans Ultimate is the official game of the FIA World Endurance Championship and the 24 Hours of Le Mans and was released on PC platforms in early access in February 2024.
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