Motorsport Games
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Motorsport Games's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 33% to $6,909,674. The net income raised on -$13,051,139 and profit margin reached -189%. Total operating expenses were $22,698,284.
Profit Margin
| 2019 | 11.85M | -2.94M | -24.88% |
|---|---|---|---|
| 2020 | 19.04M | -2.51M | -13.19% |
| 2021 | 15.07M | -34.99M | -232.11% |
| 2022 | 10.32M | -47.42M | -459.31% |
| 2023 | 6.90M | -13.05M | -188.88% |
MSGM Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 6.90M | 10.32M | 15.07M | 19.04M | 11.85M |
Cost of revenue | 3.62M | 4.96M | 7.52M | 6.59M | 4.88M |
Gross profit | 3.28M | 5.36M | 7.54M | 12.44M | 6.96M |
Operating exp. | |||||
Research and development | 7.23M | 10.41M | 9.62M | 4.64M | 4.78M |
Selling and marketing | 1.69M | 6.17M | 6.47M | 3.40M | 3.77M |
Total operating expenses | 22.69M | 30.77M | 41.75M | 12.44M | 11.56M |
Operating income | -19.40M | -25.40M | -34.20M | 38.98K | -4.60M |
Other income (expenses), net | 5.08M | -11.43M | 504.8K | -681.00K | -1.15M |
Income before tax | -14.32M | -36.84M | -33.70M | -679.85K | -5.75M |
Income tax expense | 0 | 10.58M | 1.28M | 1.83M | -2.80M |
Net income | -13.05M | -47.42M | -34.99M | -2.51M | -2.94M |
Earnings per share | |||||
Basic EPS | -5.06 | -40.49 | -18.78 | -1.41 | -1.69 |
Diluted EPS | -5.06 | -40.49 | -18.78 | -1.41 | -1.69 |
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