Motorsport Historical Income Statement

MSGM Stock  USD 1.27  0.16  14.41%   
Historical analysis of Motorsport Gaming income statement accounts such as Interest Income of 1.1 K can show how well Motorsport Gaming Us performed in making a profits. Evaluating Motorsport Gaming income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Motorsport Gaming's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Motorsport Gaming latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Motorsport Gaming is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Motorsport Income Statement Analysis

Motorsport Gaming Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Motorsport Gaming shareholders. The income statement also shows Motorsport investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Motorsport Gaming Income Statement Chart

At this time, Motorsport Gaming's Total Operating Expenses is very stable compared to the past year. As of the 26th of November 2024, Total Other Income Expense Net is likely to grow to about 5.3 M, while EBIT is likely to drop (14.2 M).

Total Revenue

Total revenue comprises all receipts Motorsport Gaming generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from Motorsport Gaming's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Motorsport Gaming current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Motorsport Gaming's Total Operating Expenses is very stable compared to the past year. As of the 26th of November 2024, Total Other Income Expense Net is likely to grow to about 5.3 M, while EBIT is likely to drop (14.2 M).
 2023 2024 (projected)
Depreciation And Amortization2.1M1.6M
Interest Income1.2K1.1K

Motorsport Gaming income statement Correlations

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-0.63-0.34-0.43-0.410.540.370.630.080.00.42-0.41-0.560.6-0.660.210.430.46-0.66-0.29-0.760.23
0.78-0.340.950.98-0.92-0.8-0.020.040.15-0.820.80.8-0.830.68-0.21-0.83-0.850.7-0.690.720.58
0.69-0.430.950.95-0.92-0.640.130.190.25-0.670.690.74-0.780.590.03-0.69-0.850.62-0.70.660.65
0.74-0.410.980.95-0.9-0.77-0.04-0.080.03-0.790.740.75-0.790.64-0.29-0.79-0.80.66-0.630.690.52
-0.890.54-0.92-0.92-0.90.810.16-0.27-0.410.84-0.89-0.930.94-0.830.060.870.97-0.850.59-0.87-0.49
-0.910.37-0.8-0.64-0.770.810.440.05-0.181.0-0.96-0.90.91-0.890.50.990.81-0.890.45-0.85-0.3
-0.540.63-0.020.13-0.040.160.440.360.190.44-0.36-0.390.4-0.630.650.420.15-0.6-0.6-0.610.66
0.130.080.040.19-0.08-0.270.050.360.970.020.230.28-0.20.140.85-0.05-0.430.16-0.410.10.44
0.330.00.150.250.03-0.41-0.180.190.97-0.20.440.47-0.380.350.69-0.27-0.580.37-0.440.290.42
-0.940.42-0.82-0.67-0.790.841.00.440.02-0.2-0.97-0.930.94-0.910.471.00.84-0.910.45-0.88-0.33
0.95-0.410.80.690.74-0.89-0.96-0.360.230.44-0.970.98-0.960.93-0.25-0.98-0.930.94-0.510.890.39
0.98-0.560.80.740.75-0.93-0.9-0.390.280.47-0.930.98-0.990.96-0.16-0.95-0.950.97-0.440.950.37
-0.980.6-0.83-0.78-0.790.940.910.4-0.2-0.380.94-0.96-0.99-0.960.220.950.94-0.970.43-0.96-0.37
0.99-0.660.680.590.64-0.83-0.89-0.630.140.35-0.910.930.96-0.96-0.32-0.93-0.851.0-0.20.980.12
-0.310.21-0.210.03-0.290.060.50.650.850.690.47-0.25-0.160.22-0.320.41-0.04-0.29-0.27-0.30.39
-0.950.43-0.83-0.69-0.790.870.990.42-0.05-0.271.0-0.98-0.950.95-0.930.410.88-0.930.47-0.89-0.34
-0.90.46-0.85-0.85-0.80.970.810.15-0.43-0.580.84-0.93-0.950.94-0.85-0.040.88-0.870.62-0.85-0.51
0.99-0.660.70.620.66-0.85-0.89-0.60.160.37-0.910.940.97-0.971.0-0.29-0.93-0.87-0.230.990.15
-0.3-0.29-0.69-0.7-0.630.590.45-0.6-0.41-0.440.45-0.51-0.440.43-0.2-0.270.470.62-0.23-0.17-0.92
0.98-0.760.720.660.69-0.87-0.85-0.610.10.29-0.880.890.95-0.960.98-0.3-0.89-0.850.99-0.170.11
0.210.230.580.650.52-0.49-0.30.660.440.42-0.330.390.37-0.370.120.39-0.34-0.510.15-0.920.11
Click cells to compare fundamentals

Motorsport Gaming Account Relationship Matchups

Motorsport Gaming income statement Accounts

201920202021202220232024 (projected)
Ebit(4.6M)37.6K(33.2M)(35.7M)(13.6M)(14.2M)
Income Tax Expense(2.8M)1.8M1.3M10.6M(1.3M)(1.2M)
Minority Interest6.7M2.6M542.8K849.6K148.6K141.2K

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When determining whether Motorsport Gaming is a strong investment it is important to analyze Motorsport Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Motorsport Gaming's future performance. For an informed investment choice regarding Motorsport Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Motorsport Gaming. If investors know Motorsport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Motorsport Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.06
Revenue Per Share
3.076
Quarterly Revenue Growth
0.082
Return On Assets
(0.49)
Return On Equity
(0.14)
The market value of Motorsport Gaming is measured differently than its book value, which is the value of Motorsport that is recorded on the company's balance sheet. Investors also form their own opinion of Motorsport Gaming's value that differs from its market value or its book value, called intrinsic value, which is Motorsport Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Motorsport Gaming's market value can be influenced by many factors that don't directly affect Motorsport Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Motorsport Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorsport Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorsport Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.