Motorsport Games Inc. · NASDAQ:MSGM
Motorsport Games — Q3 2021 Earnings Presentation
11 slides from Motorsport Games's earnings presentation, Nov 4, 2021
Slide 1: Q3 2021 Results
motorsportgames Click to add text Q3 2021 Results November 4, 2021 1
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 Quar
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Slide 4: Company Highlights
Company Highlights At the center of large, fast-growing motorsport, gaming and esports categories Exclusive strategic, long-term partnerships with iconic racing brands New franchises, products and revenue streams Pole position in virtual racing esports Building out additional infrastructure to grow
Slide 5: Q3 2021 Highlights
Q3 2021 Highlights Financial Highlights Revenue Adjusted EBITDA EPS • Q3 Revenues of $2.1M ($5.5M) ($4.9M) ($0.56) ($0.47) • Net loss attributable to Motorsport Games Inc. was $6.6M $2.1M $1.7M • Adjusted EBITDA loss was $5.5M* Q3'21 Consensus Q3'21 Consensus Q3'21 Consensus Key Highlights • Revenue
Slide 6: Executing Against Our Key Initiatives
Executing Against Our Key Initiatives • Announced NASCAR 21: Ignition release date of Oct 28, 2021 and began taking pre-orders on Aug 12, 2021 Games • Entered into a gaming and esports license partnership wiith INDYCAR Esports & • Launched 2021/22 Le Mans Virtual Series Entertainment • Concluded Ult
Slide 7: Q3 2021 and Subsequent Business Highlights
Q3 2021 and Subsequent Business Highlights INDYCAR License Agreement. The company has entered into a gaming and esports license partnership with INDYCAR. The esports and gaming licenses are long-term agreements for the development of official video games and esports of the INDYCAR series. The debut
Slide 8: Q3 2021 Results
03 2021 Results Revenues Cost of revenues Gross profit Operating expenses: Sales and marketing Development General and administrative Depreciation and amortization Total operating expenses (Loss) income from operations Interest expense Gain (loss) attributable to equity method investment ‘Other (los
Slide 9: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures 9
Slide 10: Leveraging Our IP and Growing Our Portfolio
Leveraging Our IP and Growing Our Portfolio 10
Slide 11: Financial Guidance
Financial Guidance FY21 Estimate Revenue $20.5M Adjusted EBITDA* ($12.0M) • - The Company expects to meet or exceed these numbers based on its current business, which may be impacted by, among other things, difficulties, delays in or unanticipated events that may impact the timing and scope of new o