Motorsport Gaming Us LLC
Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; KartKraft, a kart racing simulator; and Le Mans Ultimate, an official game of the FIA World Endurance Championship and 24 Hours of Le Mans. It also organizes and facilitates esports t… Read more
Motorsport Gaming Us LLC (MSGM) - Net Assets
Latest net assets as of September 2025: $6.79 Million USD
Based on the latest financial reports, Motorsport Gaming Us LLC (MSGM) has net assets worth $6.79 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.10 Million) and total liabilities ($3.31 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.79 Million |
| % of Total Assets | 67.27% |
| Annual Growth Rate | -28.74% |
| 5-Year Change | -24.13% |
| 10-Year Change | N/A |
| Growth Volatility | 857.45 |
Motorsport Gaming Us LLC - Net Assets Trend (2018–2024)
This chart illustrates how Motorsport Gaming Us LLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Motorsport Gaming Us LLC (2018–2024)
The table below shows the annual net assets of Motorsport Gaming Us LLC from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.23 Million | -41.33% |
| 2023-12-31 | $2.09 Million | +9.79% |
| 2022-12-31 | $1.90 Million | -94.99% |
| 2021-12-31 | $37.98 Million | +2250.62% |
| 2020-12-31 | $1.62 Million | -55.26% |
| 2019-12-31 | $3.61 Million | -61.44% |
| 2018-12-31 | $9.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Motorsport Gaming Us LLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 18465.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $385.00 | 0.08% |
| Other Comprehensive Income | $-674.43K | -135.90% |
| Other Components | $92.96 Million | 18732.25% |
| Total Equity | $496.26K | 100.00% |
Motorsport Gaming Us LLC Competitors by Market Cap
The table below lists competitors of Motorsport Gaming Us LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eternal Energy Public Company Limited
BK:EE
|
$10.10 Million |
|
Sleep Cycle AB
ST:SLEEP
|
$10.11 Million |
|
LLORENTE + CUENCA EO -01
F:91P
|
$10.11 Million |
|
FSBM Holdings Bhd
KLSE:9377
|
$10.11 Million |
|
Poxel SA
PA:POXEL
|
$10.10 Million |
|
Metallis Resources Inc
OTCQB:MTLFF
|
$10.10 Million |
|
URBAS GRP.FINANC. EO 001
F:UZY
|
$10.10 Million |
|
Pharmigene, Inc.
TWO:7595
|
$10.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Motorsport Gaming Us LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,036,422 to 496,258, a change of -540,164 (-52.1%).
- Net loss of 2,752,956 reduced equity.
- New share issuances of 884,051 increased equity.
- Other comprehensive income increased equity by 1,175,782.
- Other factors increased equity by 152,959.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.75 Million | -554.74% |
| Share Issuances | $884.05K | +178.14% |
| Other Comprehensive Income | $1.18 Million | +236.93% |
| Other Changes | $152.96K | +30.82% |
| Total Change | $- | -52.12% |
Book Value vs Market Value Analysis
This analysis compares Motorsport Gaming Us LLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 26.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 15.68x to 26.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.29 | $4.49 | x |
| 2019-12-31 | $-1.76 | $4.49 | x |
| 2020-12-31 | $-1.00 | $4.49 | x |
| 2021-12-31 | $31.51 | $4.49 | x |
| 2022-12-31 | $1.31 | $4.49 | x |
| 2023-12-31 | $0.40 | $4.49 | x |
| 2024-12-31 | $0.17 | $4.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Motorsport Gaming Us LLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -554.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.69%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 12.63x
- Recent ROE (-554.74%) is above the historical average (-682.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -402.29% | -13.63% | 0.94x | 31.35x | $-2.06 Million |
| 2019 | 0.00% | -30.08% | 0.93x | 0.00x | $-3.26 Million |
| 2020 | 0.00% | -9.22% | 1.10x | 0.00x | $-1.65 Million |
| 2021 | -90.31% | -219.97% | 0.30x | 1.38x | $-36.83 Million |
| 2022 | -2346.65% | -348.59% | 0.55x | 12.32x | $-36.14 Million |
| 2023 | -1381.98% | -207.29% | 0.71x | 9.42x | $-14.43 Million |
| 2024 | -554.74% | -31.69% | 1.39x | 12.63x | $-2.80 Million |
Industry Comparison
This section compares Motorsport Gaming Us LLC's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,313,913,293
- Average return on equity (ROE) among peers: -81.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Motorsport Gaming Us LLC (MSGM) | $6.79 Million | -402.29% | 0.49x | $10.10 Million |
| Alliance Media Holdings Inc (ADTR) | $3.34 Million | 5.56% | 2.25x | $1.00 |
| Alpha Esports Tech Inc (APETF) | $2.65 Million | -47.32% | 0.21x | $1.19K |
| Atlantis Internet Group Corp (ATIG) | $-2.11 Million | 0.00% | 0.00x | $1.96 |
| Kuuhubb Inc (BCDMF) | $448.25K | -290.46% | 0.57x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $6.95 Million | 37.02% | 0.79x | $1.57K |
| i3 Interactive Inc (BLITF) | $439.47K | -289.81% | 0.19x | $21.80K |
| Global Gaming Technologies Corp (BLKCF) | $3.39 Million | -79.50% | 0.30x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $32.49 Billion | 11.15% | 2.27x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $626.23 Million | -37.36% | 0.26x | $7.07 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $6.78 Million | -127.41% | 0.25x | $2.82 Million |