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
Exhibit 99.2 motorsport 23 GAMES Q3 2021 Results November 4, 2021
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
Slide 3: Slide 3
Slide 4: Company Highlights
Company Highlights a ) At the center of large, fast-growing motorsport, gaming and esports categories Px) ) Exclusive strategic, long-term partnerships with iconic racing brands ZI Games ss ) New franchises, products and revenue streams a ) Pole position in virtual racing esports Pry ) Building out
Slide 5: 2021 Highlights
03 2021 Highlights Financial Highlights + 03 Revenues of $2.1M + Net loss attributable to Motorsport Games Inc. was S6.6M S2.1M + Adjusted EBITDA loss was $5.5M* Revenue Adjusted EBITDA EPS _ SM) (S4.9M) (80.56) ($0.47) SIM ~ 9321 canes) Q321 Consensus Q321 — Consensus Key Highlights + Revenue excee
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 + — Entered into a gaming and esports license partnership wiith INDYCAR Po NASCoR EM © tt Games [IGNITION] !NayYcaR SERIES = Esports & + Launched 2021/22 L
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
Q3 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 GAAP: Net (loss) income GAAP: Interest expense, net GAAP: Depreciation and Amortization EBITDA IPO-related expenses Acquisition-related expenses Gain attributable to equity method investment Stock-based compensation Adjusted EBITDA Three Months Three Mon
Slide 10: Leveraging Our IP and Growing Our Portfolio
Leveraging Our IP and Growing Our Portfolio wascan ED IGNITION; &. HARD. EDITION === motorsport 23 Games
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 or pl