Motorsport Games Inc. · NASDAQ:MSGM
Motorsport Games — Q2 2021 Earnings Presentation
11 slides from Motorsport Games's earnings presentation, Aug 11, 2021
Slide 1: Q2 2021 Results
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Slide 2: Legal Disclosures
LEGAL DISCLOSURES ‘This presentation has been prepared by Motorsport Games Inc. ("Motorsport Games,” “us,” “our,” “we or the "Company’). For additional information regarding the Company, we urge you to read our reports filed with the Securities and Exchange Commission (the "SEC, including our Quarte
Slide 3: Slide 3
Slide 4: Company Highlights
Company Highlights a ) At the center of large, fast-growing motorsport, gaming and esports categories Ba ) Exclusive strategic, long-term partnerships with iconic racing brands ZI cames SS ) New franchises, products and revenue streams a ) Pole position in virtual racing esports oxy ) Building out a
Slide 5: Q2 2021 Highlights
Q2 2021 Highlights Revenue Tracked Ahead of Expectations Key Highlights . . Revenue Adjusted EBITDA Q2 Revenues of $2.2M i (S3.7M) _ ($3.8M) Net Loss for the quarter was S6M $2.2M 7 ] i S15M Adjusted EBITDA was ($3.7M) ~ 2021 Consensus 2021 — Consensus Q2 Q EPS (80.50) (80.40) 2021 Consensus Q2 Reve
Slide 6: Executing Against Our Key Pillars
Executing Against Our Key Pillars Announced NASCAR 21: Ignition today, pre-orders open tomorrow, launches Oct 28, 2021 ~ PI/INASCAR FA] Games NASCAR for Switch targeted to follow in Q4, submitted to lotcheck 1] Gi IN ITI oO ANI / NASCAR Match 3 mobile targeted for 04 soft launch Esports & Entertainm
Slide 7: Q2 2021 and Subsequent Business Highlights
Q2 2021 and Subsequent Business Highlights NASCAR 21: Ignition. Today, the company announced the October 28, 2021 launch date of the flagship franchise racing game NASCAR 21: Ignition NASCAR Game for Switch. The target release period has been set for later this year in 04, following NASCAR 21: Ingit
Slide 8: Q2 2021 Results
Q2 2021 Results (Unaudited) Three Months Ended Six Months Ended June 30, June 30, 2021 2020 2021 2020 Revenues $ 2,238,927 $ 3,888,817 $ 4,713,059 $ 7,123,384 Cost of revenues 906,303 1,272,239 1,688,111 2,340,736 Gross profit 1,332,624 2,616,578 3,024,948 4,782,648 Operating expenses: Sales and mar
Slide 9: Adjusted EBITDA
Adjusted EBITDA Net Loss Interest expense, net Depreciation and Amortization EBITDA IPO related expenses Acquisition related expenses Gain attributable to equity method investment Stock-based compensation Adjusted EBITDA Quarter Ended Quarter Ended Six Months Ended Six Months Ended June 30, 2021 Jun
Slide 10: Leveraging Our IP and Growing Our Portfolio
Leveraging Our IP and Growing Our Portfolio HARD. EDITION COMING 2023 inascan FI} IGNITION, 1 Be a === motorsport 29 camec
Slide 11: 2021 Financial Guidance
2021 Financial Guidance FY2IE Revenue $20.5M Adjusted EBITDA* (S10M) The Company expects full-year 2021 net revenues of approximately $20.5 million and Adjusted EBITDA of approximately ($10.0 million). The Company expects to meet or exceed these numbers based on its current business and its anticipa