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Motorsport Games Announces Sale of Traxion
Newsfilter· 2024-05-01 12:30
MIAMI, May 01, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM) (the "Company" or "Motorsport Games"), a racing game developer, publisher, and esports ecosystem provider of official motorsport racing series throughout the world, is today announcing the sale of its gaming media outlet Traxion to Traxion.GG Ltd, a UK subsidiary of Grid Finder Ltd for $250,000. This strategic decision continues Motorsport Games' ongoing efforts to streamline operations, reduce operational costs and sell off compone ...
Motorsport Games(MSGM) - 2023 Q4 - Earnings Call Transcript
2024-04-01 23:07
Company Participants Jason Tilchen - Canaccord Genuity Michael Kupinski - Noble Capital Markets I would now like to turn the conference over to Ben Rossiter-Turner from Motorsport Games. Please go ahead. On today's call is Motorsport GamesÂ' Chief Executive Officer, Stephen Hood; and Interim Chief Financial Officer, Stanley Beckley. By now, everyone should have access to the company's fourth quarter and full year 2023 earnings press release filed today after market close. This is available on the Investor R ...
Motorsport Games(MSGM) - 2023 Q4 - Annual Results
2024-04-01 20:10
Exhibit 99.1 Motorsport Games Reports Fourth Quarter & Full Year 2023 Financial Results MIAMI, Florida – April 1, 2024 — Motorsport Games Inc. (NASDAQ: MSGM) ("Motorsport Games" or the "Company") today reported financial results for its fourth quarter and fiscal year ended December 31, 2023. The Company has also posted the fourth quarter and fiscal year-end 2023 earnings slides highlighting key milestones that occurred in the period, which are accessible on the Company's investor relations website. Financia ...
Motorsport Games(MSGM) - 2023 Q4 - Annual Report
2024-04-01 17:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 001-39868 Motorsport Games Inc. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 86-1791356 | ...
Motorsport Games(MSGM) - 2023 Q3 - Earnings Call Presentation
2023-11-11 11:32
motorsport 1 Q3 2023 Results Company Highlights A Working with our exclusive partners to generate new revenue streams 7 Q3 2023 Highlights | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-----------------|----------------------|---------|----------|------------------| | Financial Highlights | | 2.0 - | | | | | Q3 2023 Revenues of $1.7M | in Millions ($) | (2.0) (4.0) | | | | | Q3 2023 Net loss was $3.5M | | (6.0) (8.0) (10.0) | | | | | Q3 2023 Adju ...
Motorsport Games(MSGM) - 2023 Q3 - Earnings Call Transcript
2023-11-11 11:32
Start Time: 17:00 January 1, 0000 5:22 PM ET Stephen Hood - CEO Jason Potter - CFO Ben Rossiter-Turner - VP, IR Operator Ben Rossiter-Turner Please refer to today's press release and the company's filings with the SEC, including its most recent quarterly report on Form 10-Q for the quarter ended September 30, 2023, for a detailed discussion of certain risks that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today. Company Participants ...
Motorsport Games(MSGM) - 2023 Q3 - Quarterly Report
2023-11-07 21:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 001-39868 Motorsport Games Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-1791 ...
Motorsport Games(MSGM) - 2023 Q2 - Earnings Call Transcript
2023-08-21 23:15
Motorsport Games Inc. (NASDAQ:MSGM) Q2 2023 Earnings Conference Call August 21, 2023 5:00 PM ET Conference Call Participants Thank you for standing by, and welcome to Motorsport Games Inc.'s Second Quarter 2023 Earnings Call. As a reminder, this conference is being recorded. [Operator Instructions] Thank you, and welcome to Motorsport Games second quarter 2023 earnings conference call and webcast. Ben Rossiter-Turner - IR Stephen Hood - CEO Jason Potter - CFO Operator I'd now like to turn the conference ove ...
Motorsport Games(MSGM) - 2023 Q2 - Earnings Call Presentation
2023-08-21 22:08
GAMES August 21, 2023 2 Strategic, long-term partnerships with iconic racing brands Pole position in virtual racing esports Q2 2023 Highlights Financial Highlights • Announced "Le Mans Ultimate" – a brand-new game centered around the 24 Hours of Le Mans and FIA World Endurance Championship expected to release in December 2023 • Released key updates to rFactor 2, including the official FIA Formula E Gen3 car **Adjusted to reflect the company's 1-for-10 reverse stock split completed on November 10, 2022 on a ...
Motorsport Games(MSGM) - 2023 Q2 - Quarterly Report
2023-08-21 20:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 001-39868 Motorsport Games Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-1791356 S ...