Motorsport Games Inc. (MSGM)

USD 1.06

(-7.02%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 6.9 Million 10.32 Million 15.07 Million 19.04 Million 11.85 Million 14.75 Million
Cost of Revenue 3.62 Million 4.96 Million 7.52 Million 6.59 Million 4.88 Million 5.59 Million
Gross Profit 3.28 Million 5.36 Million 7.54 Million 12.44 Million 6.96 Million 9.15 Million
Operating Expenses 22.69 Million 30.77 Million 41.75 Million 12.44 Million 11.56 Million 9.84 Million
Selling, General and Administrative Expenses 11.05 Million 19.93 Million 31.85 Million 7.73 Million 6.37 Million 6.05 Million
Research and Development Expenses 7.23 Million 10.41 Million 9.62 Million 4.64 Million 4.78 Million 3.79 Million
Other Expenses 4.4 Million 420.13 Thousand 280.19 Thousand 61.57 Thousand 401.62 Thousand -
Cost and Expenses 26.31 Million 35.73 Million 49.28 Million 19.04 Million 16.45 Million 15.44 Million
Operating Income -19.4 Million -25.4 Million -34.2 Million 38.98 Thousand -4.6 Million -689.21 Thousand
Interest Expense 772.98 Thousand 1.14 Million 504.15 Thousand 718.83 Thousand - -
Income Tax Expense - 10.58 Million 1.28 Million 1.83 Million -2.8 Million -2323.00
Earnings before Tax -14.32 Million -36.84 Million -33.7 Million -679.85 Thousand -5.75 Million -1.15 Million
Net Income -13.05 Million -47.42 Million -34.99 Million -2.51 Million -2.94 Million -2.01 Million
Earnings Per Share Basic -5.06 -40.49 -18.78 -1.41 -1.69 -1.15
Earnings Per Share Diluted -5.06 -40.49 -18.78 -1.41 -1.69 -1.15
Weighted Average Shares Outstanding 2.57 Million 1.17 Million 1.86 Million 1.77 Million 1.74 Million 1.74 Million
Weighted Average Shares Outstanding (Diluted) 2.57 Million 1.17 Million 1.86 Million 1.77 Million 1.74 Million 1.74 Million
Gross Margin 0.48 0.52 0.50 0.65 0.59 0.62
EBIT Margin -1.65 -2.48 -2.16 0.04 -0.36 -0.02
Profit Margin -1.89 -4.59 -2.32 -0.13 -0.25 -0.14
EBITDA -11.43 Million -33.19 Million -31.41 Million 757.82 Thousand -4.89 Million -665.76 Thousand
Earnings Before Tax Margin -2.81 -2.46 -2.27 0.00 -0.39 -0.05

Income Statement Charts