MotorSport Games

Motorsport Games, Inc. engages in developing, publishing and providing esports ecosystem of official motorsport racing series. It operates through the Gaming and Esports segments. The Gaming segment develops and publishes interactive racing video games and entertainment content and services. The Esports segment organizes and facilitates 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 company was founded in August 2018 and is headquartered in Miami, FL.

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MotorSport Games reports revenue growth and explores strategic alternatives

MotorSport Games showed revenue growth and improved net income in Q2 2024.
Successful launch of Le Mans Ultimate and plans for expansion to new platforms.
Liquidity concerns persist, prompting exploration of strategic alternatives.
Focus on diversifying revenue streams and improving financial stability.

MotorSport Games reports Q3 revenue growth amidst funding challenges

MotorSport Games reported mixed financial results for Q3 2024, with revenue of $1.8 million, a net loss of $0.6 million, and adjusted EBITDA of $0.1 million. The company highlighted progress in game development and partnerships but faces challenges in funding and uncertainties ahead.

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Motorsport Games, Inc. engages in the business of developing and publishing racing games. It operates under the Gaming and Esports segments. The Gaming segment focuses on the development and publishing of interactive racing video games, entertainment content, and services. The Esports segment is involved in 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 company was founded on August 2, 2018 and is headquartered in Miami, FL.

MIAMI, Nov. 22, 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 that Dmitry Kozko, Chief Executive Officer, and Stephen Hood, President, will participate in a fireside chat at the Canaccord Genuity 2021 Digital Gaming Summit Conference on Tuesday, November 30th, 2021 at 1:00 PM ET.

Motorsport Games to Participate in the Canaccord Genuity 2021 Digital Gaming Summit Conference

After an action-packed first two rounds, drivers will take on the long challenge of Nordschleife on Saturday at 7:30 a.m. ET After an action-packed first two rounds, drivers will take on the long challenge of Nordschleife on Saturday at 7:30 a.m. ET

How to Follow the Third Round of the Le Mans Virtual Series by Motorsport Games, Kicking Off This Weekend on November 13

Motorsport Games Inc. (MSGM) CEO Dmitry Kozko on Q3 2021 Results - Earnings Call Transcript

MIAMI, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for the third quarter ended September 30, 2021. The Company also posted a Third Quarter 2021 review video and Q3 Earnings Slides highlighting key milestones that occurred in the period, which are accessible on the investor relations section of its website.

Motorsport Games Reports Third Quarter 2021 Financial Results

MIAMI, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) will report its financial results for the third quarter ended September 30, 2021 on Thursday, November 4, 2021 after market close. Motorsport Games will host a conference call and webcast at 5:00 p.m. ET on the same day to discuss the results.

Motorsport Games to Report Third Quarter 2021 Financial Results

After a thrilling 1st round that saw more than 2.6 million impressions worldwide, the 2nd stage kicks off at 7:30 a.m. EDT on Saturday After a thrilling 1st round that saw more than 2.6 million impressions worldwide, the 2nd stage kicks off at 7:30 a.m. EDT on Saturday

Le Mans Virtual Series by Motorsport Games Gears Up for Round Two on October 16, 2021

MIAMI, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc . (NASDAQ: MSGM) (“Motorsport Games”), leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, today announced that Dmitry Kozko, Chief Executive Officer, Stephen Hood, President, and Jonathan New, Chief Financial Officer will participate in a fireside chat at D.A. Davidson's 20th Annual Software and Internet Conference on Thursday, September 9th, 2021 at 5:00 PM ET.

Motorsport Games to Participate in Upcoming Fireside Chat Hosted by D.A. Davidson

Joint venture between Motorsport Games and the Automobile Club de l'Ouest returns in September with new and improved features, including four virtual rounds across world-famous racetracks Joint venture between Motorsport Games and the Automobile Club de l'Ouest returns in September with new and improved features, including four virtual rounds across world-famous racetracks

Le Mans Virtual Returns with U.S. $250,000 Prize Pool and Spectacular On-Site January Finale at Autosport International

Leading Racing Video Game Company Adds SVP/GM of Sports and Live Entertainment at Unity Technologies, Former President at EA Sports & Liverpool F.C. CEO as Board Member Leading Racing Video Game Company Adds SVP/GM of Sports and Live Entertainment at Unity Technologies, Former President at EA Sports & Liverpool F.C. CEO as Board Member

Motorsport Games Welcomes Peter Moore to Board of Directors

Motorsport Games Inc. (MSGM) CEO Dmitry Kozko on Q2 2021 Results - Earnings Call Transcript

MIAMI, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for the second quarter ended June 30, 2021. The Company also posted a Second Quarter 2021 review video, highlighting key milestones that occurred in the period, which is accessible on the investor relations section of its website.

Motorsport Games Reports Second Quarter 2021 Financial Results

MIAMI, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc . (NASDAQ: MSGM) (“Motorsport Games”), leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, today announced that management will participate in a fireside chat hosted by Michael Graham, Senior Managing Director of Canaccord Genuity, on Thursday, August 12, 2021 at 12:00 PM ET.

Motorsport Games to Participate in Canaccord Genuity's 41st Annual Growth Conference

MIAMI, July 22, 2021 (GLOBE NEWSWIRE) -- Motorsport Games, Inc. (NASDAQ: MSGM) will report financial results for the second quarter ended June 30, 2021 on Wednesday, August 11, 2021 after market close. Motorsport Games will host a conference call and webcast at 5:00 p.m. ET on the same day to discuss the results.

Motorsport Games to Report Second Quarter 2021 Financial Results

MIAMI, June 03, 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 that Dmitry Kozko, Chief Executive Officer & Executive Chairman, will participate in a podcast interview conducted by Jeff Kone from The Wall Street Resource on Friday, June 4th, 2021 at 9:00 AM ET.

Motorsport Games to Participate in a Podcast Interview with The Wall Street Resource

MIAMI, May 21, 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, Dmitry Kozko, Chief Executive Officer & Executive Chairman, and Mike Vorhaus, Advisor & Chief Executive Officer of Vorhaus Advisors, will participate in the weekly webinar series Let's DEW Lunch to discuss “The Business of Games” hosted by Digital Entertainment World. The webinar will consist of a moderated interview and audience Q&A. The live webinar will take place on Wednesday, May 26, 2021 at 3:00 PM ET.

Motorsport Games to Participate in the Webinar Series Let's DEW Lunch Hosted by Digital Entertainment World

Motorsport Games Inc. (MSGM) CEO Dmitry Kozko on Q1 2021 Results - Earnings Call Transcript

MIAMI, May 17, 2021 (GLOBE NEWSWIRE) -- Motorsport Games, Inc. (NASDAQ: MSGM) (“Motorsport Games”) today reported financial results for the first quarter ended March 31, 2021. The Company also posted a First Quarter 2021 Review video, highlighting key milestones that occurred in the period, which is accessible on the investor relations section of its website.

Motorsport Games Reports First Quarter 2021 Financial Results

MIAMI, May 11, 2021 (GLOBE NEWSWIRE) -- One of the standout esports events in 2020 was the 24 Hours of Le Mans Virtual which brought together the elite of motor racing and sim racing for 24 hours of non-stop competition around the iconic 24 Hours of Le Mans circuit.

Another Top Industry Award for Motorsport Games and 24 Hours of Le Mans Virtual

Acquisition under the previously announced agreement is now completed, with Studio 397 continuing its work and updates on rFactor 2 under the Motorsport Games banner Acquisition under the previously announced agreement is now completed, with Studio 397 continuing its work and updates on rFactor 2 under the Motorsport Games banner

Motorsport Games Completes Acquisition of Studio 397 and Confirms It Will Bring rFactor 2 Powered Physics To Forthcoming NASCAR Game on Consoles

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 will host a conference call and webcast at 5:00 p.m. ET on the same day to discuss the results.

Motorsport Games to Report First Quarter 2021 Financial Results on May 17, 2021

BenQ Named as the Official Gaming Monitor of the Ultimate Summer Showdown Beginning April 23, 2021 and Concluding with the Finale on July 8, 2021 BenQ Named as the Official Gaming Monitor of the Ultimate Summer Showdown Beginning April 23, 2021 and Concluding with the Finale on July 8, 2021

Ultimate Summer Showdown Will Bring the Heat from April to June

On Per Share Basis, Not Meaningful This Year, Then Accretive On Per Share Basis, Not Meaningful This Year, Then Accretive

Motorsport Games Completes Acquisition of All Remaining Shares of 704Games Company

MIAMI, April 19, 2021 (GLOBE NEWSWIRE) -- Motorsport Games Inc . (NASDAQ: MSGM) (“Motorsport Games”), leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, today announced that management will participate in a fireside chat hosted by Mike Hickey, Senior Research Analyst of The Benchmark Company on Tuesday, April 20, 2021 at 1:00 PM ET.

Motorsport Games to Participate in Fireside Chat Hosted by The Benchmark Company

Industry Expert Who Staged Largest Virtual Racing Event in History to Enhance Company's Authentic Connection to the World of Motorsports Industry Expert Who Staged Largest Virtual Racing Event in History to Enhance Company's Authentic Connection to the World of Motorsports

Motorsport Games Welcomes Gérard Neveu as Motorsports Advisor

Dmitry Kozko, CEO of Motorsport Games, is ready to bring the Miami-based organization to the next level. An exclusive rights deal with Nascar is creating an exciting time for the sport's fans who love video games.

News for MotorSport Games Stock (MSGM)