Motorsport Games Inc. · NASDAQ:MSGM
Motorsport Games — Q4 2021 Earnings Presentation
12 slides from Motorsport Games's earnings presentation, Mar 30, 2022
Slide 1: Q4 2021 Results
Exhibit 99.2 motorsport 23 GAMES 04 2021 Results March 30, 2022
Slide 2: Slide 2
Slide 3: Company Highlights
Company Highlights a ) At the center of large, fast-growing motorsport, gaming and esports categories a ) Strategic, long-term partnerships with iconic racing brands == motorsport 229 Games _ \ Leveraging exclusive partnerships for multiple products and revenue streams a ) Pole position in virtual r
Slide 4: 2021 Highlights
04 2021 Highlights Financial Highlights Revenue Adjusted EBITDA EPS + 04 Revenues of $8.2M S8.2M $2.9 (S5.4M) (S2.4M) ($0.60) N/A * Net loss was $7.0M . a — + Adjusted EBITDA loss was $5.4M ott 420 a421 9420 421 0420 Key Highlights + Released NASCAR 21: Ignition on PC and Consoles on October 28, 202
Slide 5: Executing Against Our Key Initiatives
Executing Against Our Key Initiatives Released NASCAR 21: Ignition for PC and Consoles on Oct 28, 2021 Games Peonsc ED Released NASCAR HEAT Ultimate Edition+ on Nintendo Switch on Nov 19,2021 IGNITION Delivered 2021/22 Le Mans Virtual Series followed b timated 81 million fa ) Esports & elivere fans
Slide 6: Q4 2021 and Subsequent Business Highlights
Q4 2021 and Subsequent Business Highlights INDYCAR 2022 Esports Pro-Challenge, The challenge took place on February 9, 2022, and featured current NTT INDYCAR SERIES drivers, including reigning champion Alex Palou, 4-time Indianapolis 500 champion Helio Castroneves and 2-time series champion Josef Ne
Slide 7: 2021 Results
04 2021 Results MOTORSPORT GAMES INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS Revenues Cost of revenues Gross profit, Operating expenses: Sales and marketing Development General and administrative Intangible assets impairment Depreciation and amortization Total operating expenses (Los
Slide 8: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures Three Months Ended Three Months Ended + Twelve Months Ended Twelve Months Ended December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 GAAP: Net loss $ (6,999,749) $ (3,053,506) $ (33,704,745) $ (679,854) GAAP: Interest expense, net 192,
Slide 9: Liquidity
Liquidity —— XS + As of 12/31/21, the Company had $17.8 million in available cash on hand and no long-term debt. ¢ The Company currently has approximately $12 million of available cash on hand. + While the Company's 2021 Form 10-K indicates a doubt about the Company's ability to continue as a going
Slide 10: Leveraging Our IP and Growing Our Portfolio
Leveraging Our IP and Growing Our Portfolio aScORED IGNITION) = === motorsport 23 Games
Slide 11: 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 Annual
Slide 12: Legal Disclosures
LEGAL DISCLOSURES Non-GAAP Financial Measures ‘Adjusted EBITDA (the "Non-GAAP Measure”) not a financial measure defined by U.S. generally accepted accounting principles ("U'S. GAAP"). See the reconciliations of the Non-GAAP Measure to its most directly comparable U.S. GAAP measure in the Reconciliat