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Golden Matrix Group (GMGI)
NASDAQ:GMGI
GMGI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.70 - $6.27
Previous CloseN/A
Volume65.39K
Average Volume (3M)121.16K
Market Cap
$245.68M
Enterprise Value$268.52M
Total Cash (Recent Filing)$17.96K
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)489.5
Beta0.27
Next Earnings
May 30, 2025EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding132,087,080
10 Day Avg. Volume124,989
30 Day Avg. Volume121,156
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.77
Price to Cash Flow (P/CF)13.40
P/FCF Ratio0.00
Enterprise Value/Market Cap1.09
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit27.21
Enterprise Value/Ebitda60.45
Forecast
1Y Price Target
$4.00Price Target Upside115.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
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Golden Matrix Group News
PremiumCompany Announcements
Golden Matrix Group Reports Record Revenue Growth
PremiumCompany Announcements
Golden Matrix Group Reports Record Revenue Growth
PremiumCompany Announcements
Golden Matrix Group Restructures Board and Leadership
PremiumCompany Announcements
Golden Matrix Group’s Strategic Executive Compensation Plan
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Bulls Say, Bears Say
Bulls Say
Financial PositionGMGI ended with $38.4M cash and is not expected to require additional capital to sustain current operations and growth objectives.
Market ExpansionGolden Matrix Group is pursuing expansion into new markets, recently receiving a license in Brazil and targeting multiple regions in the US and Europe for expansion.
Revenue GrowthGolden Matrix Group reported strong 4Q24 results with revenue significantly increasing by 81% year over year, showcasing strong demand and successful integration efforts.
Bears Say
Market CompetitionAlthough GMGI currently trades at a compelling valuation, a premium multiple is justified only if the company can maintain a growth outlook that exceeds peers, amidst intense competition.
Regulatory ChallengesPending licensing in Ontario and NJ could pose regulatory challenges as the company expands into new markets.
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Options Prices
Currently, No data available
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Ownership Overview
86.47% Insiders
0.82% Mutual Funds
0.02% Other Institutional Investors
11.83% Public Companies and
Individual Investors
GMGI FAQ
What was Golden Matrix Group’s price range in the past 12 months?
Golden Matrix Group lowest stock price was $1.70 and its highest was $6.27 in the past 12 months.
What is Golden Matrix Group’s market cap?
Golden Matrix Group’s market cap is $245.68M.
When is Golden Matrix Group’s upcoming earnings report date?
Golden Matrix Group’s upcoming earnings report date is May 30, 2025 which is in 47 days.
How were Golden Matrix Group’s earnings last quarter?
Currently, no data Available
Is Golden Matrix Group overvalued?
According to Wall Street analysts Golden Matrix Group’s price is currently Undervalued.
Does Golden Matrix Group pay dividends?
Golden Matrix Group does not currently pay dividends.
What is Golden Matrix Group’s EPS estimate?
Golden Matrix Group’s EPS estimate is >-0.01.
How many shares outstanding does Golden Matrix Group have?
Golden Matrix Group has 132,087,080 shares outstanding.
What happened to Golden Matrix Group’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Golden Matrix Group?
Currently, no hedge funds are holding shares in GMGI
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Golden Matrix Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$4.00 (115.05% Upside)
$4.00 (115.05% Upside)
Blogger Sentiment
Bullish
GMGI Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-25.60%
12-Months-Change
Fundamentals
Return on Equity
-2.17%
Trailing 12-Months
Asset Growth
500.62%
Trailing 12-Months
Company Description
Golden Matrix Group
Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applications. The company was formerly known as Source Gold Corp. and changed its name to Golden Matrix Group, Inc. in April 2016. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada.
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GMGI Company Deck
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GMGI Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlights significant revenue growth, successful acquisition integrations, and strong performance in key segments like GMAG and Merdianbet, despite facing some one-off costs and minor challenges in the RKings division. The outlook remains very positive with continued growth expected.Read More>---
GMGI Stock 12 Month Forecast
Average Price Target
$4.00
▲(115.05% Upside)
Technical Analysis
Best Analysts Covering GMGI
1 Year
1 Year Success Rate
0/2 ratings generated profit
1 Year Average Return
-11.30%
reiterated a buy rating 21 days ago
Copying Jack Vander Aarde's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -11.30% per trade.
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