Motorsport Games Inc
NASDAQ:MSGM

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Motorsport Games Inc
NASDAQ:MSGM
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Price: 2.76 USD 1.47% Market Closed
Market Cap: 16m USD

Gross Margin
Motorsport Games Inc

59.2%
Current
54%
Average
44.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.2%
=
Gross Profit
4.4m
/
Revenue
7.4m

Gross Margin Across Competitors

Motorsport Games Inc
Glance View

Market Cap
16m USD
Industry
Media

Motorsport Games, Inc. engages in developing, publishing and provides esports ecosystem of official motorsport racing series throughout the world. The company is headquartered in Miami, Florida and currently employs 188 full-time employees. The company went IPO on 2021-01-13. The firm provides multi-platform racing video games for game console, personal computer (PC) and mobile platforms through retail and digital channels. The firm is a provider of official video games for NASCAR, INDYCAR, Le Mans and BTCC. The Company’s segments include Gaming segment and Esports segment. Gaming segment is engaged in the development and publishing of interactive racing video games, entertainment content and services. Esports segment provides esports tournaments, competitions and events for its licensed racing games as well as on behalf of third-party video game racing series and other video game publishers. The firm is a video game developer and publisher of other racing games including, rFactor 2 simulation platform and KartKraft, the PC kart racing simulator.

MSGM Intrinsic Value
HIDDEN
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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.2%
=
Gross Profit
4.4m
/
Revenue
7.4m
What is the Gross Margin of Motorsport Games Inc?

Based on Motorsport Games Inc's most recent financial statements, the company has Gross Margin of 59.2%.

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