Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers video games for game consoles, personal computer, and mobile platforms through various retail and digital channels, including full-game and downloadable content. It 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. The company sells its video game products through various retail and digital channels. Motorsport Games Inc. was founded in 2018 and is headquartered in Miami, Florida. Motorsport Games Inc. operates as a subsidiary of Motorsport Network LLC.
Revenue of Motorsport Games Inc. (MSGM)
Revenue in 2023 (TTM): $6.91 M
According to Motorsport Games Inc.'s latest financial reports the company's current revenue (TTM) is $6.91 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Motorsport Games Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $6.91 M | $3.29 M | $-11,434,765 | $-14,323,185 | $-13,051,139 |
| 2022 | $10.32 M | $5.36 M | $-33,199,915 | $-36,840,454 | $-47,421,603 |
| 2021 | $15.08 M | $7.55 M | $-31,415,517 | $-33,704,745 | $-34,992,216 |
| 2020 | $19.05 M | $12.45 M | $757.82 K | $-679,854 | $-2,511,981 |
| 2019 | $11.85 M | $6.96 M | $-4,893,689 | $-5,755,564 | $-2,948,967 |
| 2018 | $14.76 M | $9.16 M | $-665,761 | $-1,153,499 | $-2,010,637 |