Motorsport Games Reports Fourth Quarter & Full Year 2023 Financial Results

MIAMI, April 01, 2024 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended December 31, 2023. The Company has also posted the fourth quarter and fiscal year-end 2023 earnings slides highlighting key milestones that occurred in the period, which are accessible on the Company’s investor relations website.
December 31, 2023December 31, 2022Financial Results for the Year Ended December 31, 2023December 31, 2023December 31, 2022Cash Flow and LiquidityMotorsport Games, a Driven Lifestyle Group company, is a racing game developer, publisher and esports ecosystem provider of official motorsport racing series. Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make racing games that are authentically close to reality. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series including the 24 Hours of Le Mans and the FIA World Endurance Championship, recently releasing Le Mans UltimateThe contents of these websites and social media channels are not part of, nor will they be incorporated by reference into, this press [email protected]@motorsportgames.comCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSDecember 31,December 31,A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a76fa448-c968-46f3-a988-4d47cf7be197
(GlobeNewsWire)