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Golden Matrix Group Inc   (NASDAQ: GMGI)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $2.0500 $0.02 0.737%
Day's High: $2.08 Week Perf: 0.49 %
Day's Low: $ 2.02 30 Day Perf: 5.67 %
Volume (M): 30 52 Wk High: $ 6.27
Volume (M$): $ 61 52 Wk Avg: $2.83
Open: $2.07 52 Wk Low: $1.86



 Market Capitalization (Millions $) 249
 Shares Outstanding (Millions) 122
 Employees 80
 Revenues (TTM) (Millions $) 104
 Net Income (TTM) (Millions $) -4
 Cash Flow (TTM) (Millions $) 19
 Capital Exp. (TTM) (Millions $) 14

Golden Matrix Group Inc
We are an established provider of enterprise Software-as-a-Service ('SaaS') solutions for online casino operators and online sports betting operators, commonly referred to as iGaming operators.
We develop and own online gaming intellectual property (IP) and build configurable and scalable, turn-key and white-label gaming platforms for our international customers, located primarily in the Asia Pacific region.
The Company has developed its own proprietary Peer-to-Peer E-sports gaming product which is expected to launch in the coming months, subject to compliance with applicable law, and approval from applicable authorities. This product, if approved and launched, will be marketed as the Player2P Platform ('Player2P'). The Player2P brand will be focused solely on esports gambling and 18+ gaming (i.e., gaming by those over 18 years of age). Player2P is expected to not only offer users traditional casino style games but allow players to compete against each other whilst playing E-sport console games. The Company has encountered some minor delays due to slower than expected delivery times from its game developers in India and it is now anticipated that the E-sport portfolio.
Our customers are primarily licensed online gaming operators. The Company also provides services and resells third party gaming content to licensed online gaming distributors. The majority of the Company's customers hold gaming licenses in Asia, South America, and Europe. The Company provides business-to-business services and products and does not deal directly with players.


   Company Address: 3651 Lindell Road Las Vegas 89103 NV
   Company Phone Number: 318-7548   Stock Exchange / Ticker: NASDAQ GMGI


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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Announcement

Golden Matrix Group Inc. (NASDAQ GMGI), a noteworthy player in the online gaming sector, has announced its ...

Published Sat, Dec 28 2024 6:13 AM UTC

Golden Matrix Group Inc. Moves to Establish Presence in Ontario?s Regulated iGaming Market Amid Mixed Financial Results Golden Matrix Group Inc. (NASDAQ: GMGI), a noteworthy player in the online gaming sector, has announced its strategic intention to file for a B2B Gaming License in Ontario, Canada. This initiative, spearheaded by its subsidiary Expanse Studios, represents a...

Announcement

?Golden Matrix Group Soars with 248% Revenue Growth in Q3 2024, Outshining Competitors Amidst Industry Challenges...

Published Fri, Dec 6 2024 2:00 PM UTC

Golden Matrix Group s CEO Updates on Strategic Advancements and Surging Growth in Q3 2024 Las Vegas, NV - In a significant update to stakeholders, Golden Matrix Group, Inc. (NASDAQ: GMGI), a notable player in the online gaming and eCommerce sector, issued a corporate communiqué on December 6, 2024, from CEO Brian Goodman. The release highlighted various key developments with...

Product Service News

Meridianbets Strategic Leap A New Era of Sports Sponsorship Amid Financial Shifts in Golden Matrix Group

Published Thu, Nov 21 2024 8:22 AM UTC

In a bold move that promises to redefine the landscape of sports sponsorship in Europe, Meridianbet has announced its partnership with Crvena Zvezda, resulting in what is being termed as Europe?s first emblem integration deal. This collaboration marks a significant milestone for both the bookmaker and the Euroleague basketball powerhouse, reflecting an innovative approach to...

Announcement

Golden Matrix Group?s Meridianbet Takes Significant Step Towards Market Entry in Brazil Amidst Financial Challenges

Published Thu, Oct 3 2024 12:00 PM UTC

In a significant milestone for both Golden Matrix Group Inc. (NASDAQ: GMGI) and the burgeoning Brazilian gaming market, the company s subsidiary, Meridian Gaming Brasil SPE LTDA, has been shortlisted as an eligible operator in Brazil s competitive licensing process for sports betting and iGaming. This development, announced on October 3, 2024, positions Meridianbet favorably...

Announcement

Golden Matrix Group Inc. Soars with Strategic Amendments and Strong Financial Results

Published Wed, Oct 2 2024 12:00 PM UTC

Golden Matrix Group Inc. (NASDAQ: GMGI) has announced significant developments as the company continues to navigate its trajectory in the competitive gaming industry. On October 1, 2024, Golden Matrix revealed the fifth amendment to its initial share purchase agreement with its subsidiary, Meridianbet, following the company?s acquisition of Meridianbet earlier this year. Thi...







Golden Matrix Group Inc's Segments
Use of the Company s intellectual property    0.71 % of total Revenue
Use of third-party gaming content    9.32 % of total Revenue
Retail Sports Betting Retail Casino    12.91 % of total Revenue
Online Sports Betting    20.86 % of total Revenue
Online Casino    28.31 % of total Revenue
Selling tickets to customers to enter prize competitions    26.69 % of total Revenue
Bars    1.21 % of total Revenue
B2B    10.03 % of total Revenue
B2C    89.97 % of total Revenue
United Kingdoms    21.66 % of total Revenue
Australia    5.32 % of total Revenue
Asia Pacific    9.14 % of total Revenue
Europe UK-Excl    53.42 % of total Revenue
Central and South America    3.62 % of total Revenue
Africa    6.84 % of total Revenue

  Golden Matrix Group Inc Outlook

On November 21 2023 the Golden Matrix Group Inc provided following guidance

Golden Matrix Group Inc. (NASDAQ:GMGI) has announced that it attained record-brea...





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