Golden Matrix Group, Inc. - Understand $gmgi stock

$GMGI Market Cap: $292.6 Million

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Financial Snapshot

Revenue

$104.0M

TTM

Gross Margin

41.4%

TTM

Net Earnings

-$2.545M

TTM

Current Assets

$56.67M

Q3 2024

Current Liabilities

$69.39M

Q3 2024

Current Ratio

81.67%

Q3 2024

Total Assets

$213.5M

Q3 2024

Total Liabilities

$114.9M

Q3 2024

Book Value

$98.59M

Q3 2024

Cash

$38.40M

Q3 2024

P/E

-115.0

Nov 29, 2024 EST

Free Cash Flow

-$5.110M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$44.17M	$36.03M	$9.333M	$5.223M	$1.759M	$915.8K	$120.0K	$20.00K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	22.59%	286.08%	78.7%	197.0%	92.03%	663.17%	500.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$44.17M	$36.03M	$9.333M	$5.223M	$1.759M	$915.8K	$120.0K	$20.00K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Cost Of Revenue	$34.31M	$26.87M	$6.051M	$2.000M	$57.22K	$72.00K	$50.00K	$50.00K	$0.00	$0.00	$0.00	$0.00
Gross Profit	$9.869M	$9.163M	$3.283M	$3.223M	$1.701M	$843.8K	$70.00K	$70.00K	$0.00	$0.00	$0.00	$0.00
Gross Profit Margin	22.34%	25.43%	35.17%	61.71%	96.75%	92.14%	58.33%	350.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$10.40M	$8.947M	$2.382M	$2.776M	$727.0K	$1.835M	$320.4K	$5.216M	$2.040M	$520.0K	$160.0K	$220.0K	$4.220M	$5.210M	$80.00K	$10.00K	$10.00K
YoY Change	16.19%	275.55%	-14.18%	281.84%	-60.37%	472.57%	-93.86%	155.71%	292.29%	225.0%	-27.27%	-94.79%	-19.0%	6412.5%	700.0%	0.0%
% of Gross Profit	105.33%	97.65%	72.57%	86.13%	42.73%	217.44%	457.77%	7451.94%
Research & Development		$23.09K	$149.7K	$47.56K						$0.00	$0.00	$0.00	$80.00K	$50.00K	$20.00K	$0.00	$0.00
YoY Change		-84.58%	214.84%									-100.0%	60.0%	150.0%
% of Gross Profit		0.25%	4.56%	1.48%
Depreciation & Amortization	$41.38K	$22.85K	$38.74K						$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	81.12%	-41.02%
% of Gross Profit	0.42%	0.25%	1.18%
Operating Expenses	$10.40M	$8.970M	$2.532M	$2.824M	$727.0K	$1.835M	$320.4K	$5.216M	$2.040M	$520.0K	$160.0K	$260.0K	$4.300M	$5.270M	$100.0K	$10.00K	$10.00K
YoY Change	15.89%	254.25%	-10.33%	288.38%	-60.37%	472.57%	-93.86%	155.71%	292.29%	225.0%	-38.46%	-93.95%	-18.41%	5170.0%	900.0%	0.0%
Operating Profit	-$526.2K	$192.5K	$750.9K	$399.3K	$974.3K	-$990.9K	-$250.4K	-$5.146M	-$2.040M	-$520.0K	-$160.0K	-$260.0K
YoY Change	-373.39%	-74.36%	88.03%	-59.02%	-198.32%	295.68%	-95.13%	152.28%	292.29%	225.0%	-38.46%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	$12.40K	$0.00	-$62.78K	-$1.240K	-$7.570K	-$327.6K	$1.197M	-$7.511M	-$581.3K	-$860.0K	-$180.0K	-$40.00K	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change		-100.0%	4962.9%	-83.62%	-97.69%	-127.35%	-115.94%	1192.06%	-32.4%	377.78%	350.0%
% of Operating Profit		0.0%	-8.36%	-0.31%	-0.78%
Other Income/Expense, Net	$36.80K	$270.6K	-$40.00K						$0.00	$0.00	-$130.0K	$40.00K	$0.00	$0.00
YoY Change	-86.4%	-776.46%								-100.0%	-425.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	-$489.4K	$463.1K	$648.1K	$398.1K	$966.8K	-$1.318M	$1.801M	-$10.01M	-$2.621M	-$1.380M	-$470.0K	-$300.0K	-$6.300M	-$5.470M	-$100.0K	-$10.00K	-$10.00K
YoY Change	-205.69%	-28.55%	62.8%	-58.82%	-173.33%	-173.2%	-118.0%	281.73%	89.95%	193.62%	56.67%	-95.24%	15.17%	5370.0%	900.0%	0.0%
Income Tax	$683.3K	$419.0K	$0.00						$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income		90.49%	0.0%
Net Earnings	-$1.173M	-$250.0K	$648.1K	$398.1K	$966.8K	-$1.318M	$1.801M	-$10.01M	-$2.621M	-$1.380M	-$470.0K	-$300.0K	-$6.300M	-$5.470M	-$100.0K	-$10.00K	-$10.00K
YoY Change	369.03%	-138.58%	62.8%	-58.82%	-173.33%	-173.2%	-118.0%	281.73%	89.95%	193.62%	56.67%	-95.24%	15.17%	5370.0%	900.0%	0.0%
Net Earnings / Revenue	-2.65%	-0.69%	6.94%	7.62%	54.97%	-143.96%	1500.9%	-50031.25%
Basic Earnings Per Share	-$0.03	-$0.01	$0.02
Diluted Earnings Per Share	-$0.03	-$0.01	$20.08K	$12.60K	$34.70K	-$170.5K	$149.8K	-$6.761B	-$55430B	-$2430B	-$3222B	-$2686B	-$58980B	-$55400B	-$1054B	-$215.8B	-$215.8B

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$17.10M	$14.95M	$16.80M	$11.71M	$1.857M	$446.6K	$25.17K	$2.300K	$0.00	$0.00	$0.00	$20.00K	$50.00K	$50.00K	$10.00K	$120.0K	$120.0K
YoY Change	14.39%	-11.0%	43.49%	530.56%	315.72%	1674.26%	994.35%				-100.0%	-60.0%	0.0%	400.0%	-91.67%	0.0%
Cash & Equivalents	$17.10M	$14.95M	$16.80M	$11.71M	$1.857M	$446.6K	$25.17K	$2.300K	$0.00	$0.00	$0.00	$20.00K	$50.00K	$50.00K	$10.00K	$120.0K	$120.0K
Short-Term Investments
Other Short-Term Assets	$155.2K	$137.0K	$176.2K	$411.0K		$1.000K	$1.000K		$0.00	$0.00	$0.00	$0.00	$0.00	$30.00K	$0.00	$0.00	$0.00
YoY Change	13.36%	-22.29%	-57.12%			0.0%							-100.0%
Inventory	$1.715M	$1.148M
Prepaid Expenses
Receivables	$3.883M	$3.055M	$3.070M	$1.697M	$1.850M	$372.3K	$62.50K	$10.00K	$10.00K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$22.85M	$19.29M	$20.04M	$13.81M	$3.707M	$819.9K	$87.67K	$12.30K	$63.12K	$80.00K	$0.00	$20.00K	$50.00K	$80.00K	$10.00K	$120.0K	$120.0K
YoY Change	18.48%	-3.76%	45.09%	272.69%	352.11%	835.18%	612.76%	-80.51%	-21.1%		-100.0%	-60.0%	-37.5%	700.0%	-91.67%	0.0%
Property, Plant & Equipment	$103.1K	$223.1K	$280.2K					$0.00	$85.00K	$90.00K	$90.00K	$90.00K	$0.00	$0.00
YoY Change	-53.78%	-20.39%						-100.0%	-5.56%	0.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets										$0.00	$0.00
YoY Change
Total Long-Term Assets	$12.73M	$13.28M	$415.5K	$0.00	$0.00	$0.00	$0.00	$0.00	$85.00K	$80.00K	$90.00K	$80.00K	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-4.16%	3097.13%						-100.0%	6.25%	-11.11%	12.5%
Total Assets	$35.58M	$32.57M	$20.46M	$13.81M	$3.707M	$819.9K	$87.67K	$12.30K	$148.1K	$160.0K	$90.00K	$100.0K	$50.00K	$80.00K	$10.00K	$120.0K	$120.0K
YoY Change
Accounts Payable	$2.848M	$1.385M	$1.075M	$78.91K	$25.62K	$14.39K	$21.09K	$35.95K	$42.82K	$10.00K	$10.00K	$0.00	$0.00	$20.00K	$0.00	$0.00	$0.00
YoY Change	105.59%	28.87%	1262.05%	208.0%	78.04%	-31.77%	-41.34%	-16.04%	328.2%	0.0%			-100.0%
Accrued Expenses	$535.7K	$419.4K	$100.3K	$120.00	$41.96K	$155.4K	$147.4K	$147.4K
YoY Change	27.74%	317.98%	83508.33%	-99.71%	-73.0%	5.41%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$504.3K	$546.9K	$933.2K	$1.939M	$2.571M	$580.0K	$160.0K	$160.0K	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change				-100.0%	-7.81%	-41.39%	-51.86%	-24.6%	343.29%	262.5%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.479M	$2.715M	$1.349M	$552.6K	$1.234M	$2.161M	$1.624M	$3.994M	$2.971M	$1.090M	$340.0K	$290.0K	$130.0K	$100.0K	$10.00K	$10.00K	$10.00K
YoY Change	64.98%	101.3%	144.08%	-55.2%	-42.92%	33.09%	-59.34%	34.41%	172.6%	220.59%	17.24%	123.08%	30.0%	900.0%	0.0%	0.0%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$0.00	$59.78K	$182.0K		$0.00	$145.0K		$0.00	$0.00
YoY Change	-100.0%	-67.16%			-100.0%
Total Long-Term Liabilities	$0.00	$59.78K	$182.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	-67.16%
Total Liabilities	$4.479M	$5.774M	$1.531M	$552.6K	$1.234M	$2.161M	$1.624M	$3.994M	$2.971M	$1.090M	$340.0K	$290.0K	$130.0K	$100.0K	$10.00K	$10.00K	$10.00K
YoY Change	-22.42%	277.18%	177.02%	-55.2%	-42.92%	33.09%	-59.34%	34.41%	172.6%	220.59%	17.24%	123.08%	30.0%	900.0%	0.0%	0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	35.42M shares	28.04M shares	19.95M shares
Diluted Shares Outstanding	35.42M shares	28.04M shares	31.59M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $292.61 Million

About Golden Matrix Group, Inc.

Golden Matrix Group, Inc. engages in offering casino, sportsbook, and competition products. The company is headquartered in Las Vegas, Nevada and currently employs 30 full-time employees. The company went IPO on 2009-02-02. The Company’s the business-to-business (B2B) segment charges for usage of the Company’s software, and royalties charged on the use of third-party gaming content. This segment develops and licenses proprietary gaming platforms for its extensive list of clients and RKingsCompetitions Ltd. (RKings). The business-to-consumer (B2C) division operates a high-volume e-commerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The segment also includes pay to enter prize competitions in the United Kingdom as well as the Company’s online casino Website (and related activities) in Mexico. The Company’s B2B and B2C casino, sports betting and tournament platforms creates a global enterprise operating in 17 countries on four continents. The firm also owns and operates MEXPLAY, a regulated online casino in Mexico.

Industry: Services-Prepackaged Software Peers: PLAYSTUDIOS, Inc. Activision Blizzard, Inc. Skillz Inc. Motorsport Games Inc. SciPlay Corp Tapinator, Inc.