Motorsport Gaming Net Income vs. Shares Outstanding

MSGM Stock  USD 1.11  0.02  1.77%   
Considering the key profitability indicators obtained from Motorsport Gaming's historical financial statements, Motorsport Gaming Us may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Motorsport Gaming's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2019-12-31
Previous Quarter
2.4 M
Current Value
9.8 K
Quarterly Volatility
M
 
Covid
As of the 23rd of November 2024, Sales General And Administrative To Revenue is likely to grow to 1.42, while Price To Sales Ratio is likely to drop 1.10. At this time, Motorsport Gaming's Total Other Income Expense Net is very stable compared to the past year. As of the 23rd of November 2024, Change To Netincome is likely to grow to about 14.6 M, though Net Loss is likely to grow to (28.4 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.620.476
Significantly Up
Slightly volatile
For Motorsport Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Motorsport Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Motorsport Gaming Us utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Motorsport Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Motorsport Gaming Us over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
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.

Motorsport Gaming Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Motorsport Gaming's current stock value. Our valuation model uses many indicators to compare Motorsport Gaming value to that of its competitors to determine the firm's financial worth.
Motorsport Gaming Us is rated below average in net income category among its peers. It is rated below average in shares outstanding category among its peers . Motorsport Gaming reported last year Net Loss of (13.05 Million). Comparative valuation analysis is a catch-all technique that is used if you cannot value Motorsport Gaming by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Motorsport Shares Outstanding vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Motorsport Gaming

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(13.05 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Motorsport Gaming

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
3.18 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Motorsport Shares Outstanding Comparison

Motorsport Gaming is currently under evaluation in shares outstanding category among its peers.

Motorsport Gaming Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Motorsport Gaming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Motorsport Gaming will eventually generate negative long term returns. The profitability progress is the general direction of Motorsport Gaming's change in net profit over the period of time. It can combine multiple indicators of Motorsport Gaming, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-1.9 M-1.8 M
Net Loss-29.8 M-28.4 M
Income Tax Expense-1.3 M-1.2 M
Net Interest Income-1.2 M-1.1 M
Interest Income1.2 K1.1 K
Operating Income-19.4 M-20.4 M
Net Loss-21.8 M-22.9 M
Income Before Tax-14.3 M-15 M
Total Other Income Expense Net5.1 M5.3 M
Net Loss-13.1 M-13.7 M
Non Operating Income Net Other34.1 K30.3 K
Change To Netincome13.9 M14.6 M
Net Loss(5.06)(5.32)
Income Quality 0.99  1.04 
Net Income Per E B T 0.91  1.68 

Motorsport Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Motorsport Gaming. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Motorsport Gaming position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Motorsport Gaming's important profitability drivers and their relationship over time.

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Technical Analysis

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In addition to having Motorsport Gaming in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Communication Services
Communication Services Theme
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 45 constituents at this time.
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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.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
To fully project Motorsport Gaming's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Motorsport Gaming at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Motorsport Gaming's income statement, its balance sheet, and the statement of cash flows.
Potential Motorsport Gaming investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Motorsport Gaming investors may work on each financial statement separately, they are all related. The changes in Motorsport Gaming's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Motorsport Gaming's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.