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Market Cap 74.06M P/E - EPS this Y - Ern Qtrly Grth -98.20%
Income -654.72k Forward P/E 18.64 EPS next Y - 50D Avg Chg -8.00%
Sales 45.24M PEG - EPS past 5Y - 200D Avg Chg -21.00%
Dividend N/A Price/Book 2.40 EPS next 5Y - 52W High Chg -54.00%
Recommedations 2.00 Quick Ratio 4.61 Shares Outstanding 122.71M 52W Low Chg 8.00%
Insider Own 85.17% ROA 0.14% Shares Float 17.95M Beta 1.95
Inst Own 2.50% ROE -2.09% Shares Shorted/Prior 1.02M/1.10M Price 2.05
Gross Margin 23.88% Profit Margin -1.45% Avg. Volume 29,019 Target Price -
Oper. Margin 0.32% Earnings Date Oct 2 Volume 40,857 Change -6.39%
About Golden Matrix Group, Inc.

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. 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.

Golden Matrix Group, Inc. News
11/21/24 Meridianbet (GMGI) and Crvena Zvezda Seal Euroleague's First Logo Integration Deal
11/12/24 Golden Matrix Hits Again with Accelerating Sales Growth and an M&A Kicker
11/12/24 Golden Matrix Group Inc. Reports Strong Q3 2024 Earnings and Continued Operational Growth
11/06/24 With 85% ownership, Golden Matrix Group, Inc. (NASDAQ:GMGI) insiders have a lot riding on the company's future
11/05/24 Golden Matrix Group to Announce Third Quarter Financial Results on November 12, 2024
11/04/24 Meridianbet Foundation (GMGI) Marks Five Years of Successful Global Scholarship Program
10/25/24 Golden Matrix Group Subsidiary Meridianbet Launches Revolutionary AI-Powered Bet Recommender
10/14/24 Golden Matrix Group to Present at the LD Micro Main Event XVII October 28th-30th 2024
10/08/24 Golden Matrix to showcase expanded portfolio at G2E Las Vegas 2024
10/07/24 Golden Matrix Group to Showcase Expanded Portfolio and Proprietary Technology at G2E Las Vegas 2024
10/03/24 Golden Matrix Group Subsidiary Meridianbet Shortlisted as an Eligible Operator in Brazil, Advancing Its Market Penetration in One of the World’s Largest Gaming Markets
10/02/24 Golden Matrix Group Inc. Announces Additional Amendment to Earnout Structure of Share Purchase Agreement With Subsidiary Meridianbet
10/01/24 Golden Matrix Group’s Division Meridianbet Expands Sports Wagering Product Suite
09/27/24 Expanse Studios (GMGI) Ignites Industry Interest With Groundbreaking Games at SBC Summit Lisbon 2024
09/23/24 Golden Matrix Group Subsidiary Meridianbet Partners With Integrity Compliance 360 for Upcoming Brazilian Market Entry
09/18/24 Golden Matrix Group Subsidiary Expanse Studios Enters New Market Segment With Launch of First Social Casino Game
09/12/24 Golden Matrix Group Reports Record-Breaking August Performance by Subsidiary Meridianbet
09/10/24 Golden Matrix Group Inc. Announces Debt Conversion by Meridianbet Founder to Equity
09/04/24 Golden Matrix Group Introduces Version 2.0 of Its AI-Powered Casino Game Recommender
08/28/24 Golden Matrix Group Provides Update on Entering U.S. Market and Expansion Into Additional European Markets
GMGI Chatroom

User Image newsfile_corp Posted - 14 hours ago

https://nfne.ws/230882 $GMGI @reportablenews #NASDAQ #Investing

User Image KimJ03 Posted - 15 hours ago

$GMGI Jojo is back pumping in socmed. We are doomed

User Image KimJ03 Posted - 1 day ago

$GMGI All it takes are tenths of shares to collapse the share price. Nah don't waste anymore time trying to analyse the fundamentals. This stock only pumps once a year, I thought I mentioned this months ago and yeah, predictable. You wait for 2025 to exit

User Image LivingKaleidoscope Posted - 3 days ago

$GMGI they dropped the ball big time with Lind and now their stock is getting man handled by them. No matter how much they keep buying back, they just keep getting taken back down on low volume. Gross incompetence by management and their attorneys to make a deal like that for a measly $10M with known toxic lenders. These guys need to stop behaving like owners of an OTC shitco taking desperate deals like that and clean up the stock once and for all.

User Image KimJ03 Posted - 3 days ago

$GMGI Perhaps the company doesn't need to grow anymore. What's the point of growing only to stay at $2ish

User Image Jimmyjam2 Posted - 1 week ago

$GMGI what happened to jojo

User Image Larybaby1 Posted - 1 week ago

$GMGI ... as per usual, this dirty group of short-sighted flippers continue to dump a few thousands into the bid to drop this back to $2.60 area. Same sh*t... different day! SMFH!

User Image Bullish48 Posted - 1 week ago

$GMGI I hope someday we all get to be part of the Netflix series they will make on this stock..

User Image Larybaby1 Posted - 1 week ago

$GMGI... premarket back to $3.00. Maybe, just maybe, yesterday's solid quarterly now has some more long term investor's eyes on it, and we can sustain a more realistic valuation at or above $5 bucks

User Image jur501 Posted - 1 week ago

$GMGI https://finance.yahoo.com/news/golden-matrix-hits-again-accelerating-163809707.html

User Image ryancox1 Posted - 1 week ago

$GMGI Classics for cause they acquired contributed $2,059,492 in revenue and $252,702 in net income in only two months. I really like that

User Image jur501 Posted - 1 week ago

$GMGI On Lind - skimmed the 10Q and looks like they are chipping away at that loan with cash instead of stock. Soon to be cleared out of the way as well

User Image ryancox1 Posted - 1 week ago

$GMGI expense and costs from acquisitions will now start to scale down while revenues continue to trend upward. Almost $40 million in cash on hand and will enter Brazilian market by end of year. This is scaling in right direction.

User Image _Michael__Scarn_ Posted - 1 week ago

$GMGI Pre-Market Volume. Waiting for the bell to ring for the bids to come in.

User Image ryancox1 Posted - 1 week ago

$GMGI Focus on the 9 month financials for the year as earnings per share are positive which is good sign with all the acquisition costs incurred this year. They will close out 2024 positive earnings per share and 2025 entering Brazil will be strong growth.

User Image CABDALLAS Posted - 1 week ago

$GMGI death taxes and DGI sucks on earnings day. well most days

User Image ryancox1 Posted - 1 week ago

$GMGI https://gmgi.s3.ap-southeast-2.amazonaws.com/file/quarterly_report/Q3%2024%20Earnings%20Deck.pdf

User Image ryancox1 Posted - 1 week ago

$GMGI Financials are out and they look good. https://gmgi.s3.ap-southeast-2.amazonaws.com/file/quarterly_report/10-Q.pdf

User Image Larybaby1 Posted - 1 week ago

$GMGI ... as has been the case these last few months, sellers hanging at the $3 dollar mark. Last time, this took off to $6.50, large buys pushed us past $3.00 and large bids held us above. Need the same teamwork to get above again, and stay above

User Image Larybaby1 Posted - 1 week ago

$GMGI quarterly being released tomorrow. I'm expecting a very positive quarterly with synergies between the new merged companies adding to the bottom line and cash on hand. Growth is also expected to be positive as well, yet these peeps constantly dumping into the bid, make no sense. This thing is overdue for another nice run, and I'm expecting these numbers to open eyes and bring in some new dollars investing long term here. Hopefully, at some point, we can rid this ticker of the .20-.30 cent beer money flippers once and for all. I've never seen a ticker have a group or individuals that just won't allow this to move higher. This made it to mid $6 dollars a few months ago, only to be welcomed by the same short-sighted flippers. This should be trading above $5 minimum... all day long... all year long. We really need some smart long-term buyers to jump onboard as this company is just getting really started. Talk about an undervalued ticker at these prices

User Image ryancox1 Posted - 1 week ago

$GMGI loving these insider buys from yesterday. Bought some all the way to $3.06 per share.

User Image CABDALLAS Posted - 1 week ago

$GMGI I swear this stock makes zero fucking sense. Literally insider buying can’t even boost this fucking thing up incredible.

User Image frankie14714 Posted - 1 week ago

$GMGI insider buying ⭐️⭐️⭐️

User Image insiderbuyingselling Posted - 1 week ago

$GMGI new insider buying: 44038 shares. http://insiderbuyingselling.com/?t=GMGI

User Image ODLH Posted - 2 weeks ago

$GMGI What happened today?😊

User Image jur501 Posted - 2 weeks ago

$GMGI https://finance.yahoo.com/news/golden-matrix-group-announce-third-130000080.html

User Image ODLH Posted - 2 weeks ago

$GMGI It looks like the license application is in fact to bribe the Brazilian government https://igamingbusiness.com/legal-compliance/licensing/active-brazil-operators-authorisation/ not anything exciting at all.

User Image economics1002 Posted - 2 weeks ago

$GMGI https://wallstbolt.com/stock-market-news/2024/11/golden-matrix-group-gmgi-reports-75-q2-revenue-surge/

User Image jur501 Posted - 2 weeks ago

$GMGI Lowest short interest for 3 and a half months.

User Image _Michael__Scarn_ Posted - 2 weeks ago

$GMGI 84,059 shares added last week by Aleksandar Milovanovic with an average share cost of $2.42

Analyst Ratings
EF Hutton Buy Sep 11, 23
EF Hutton Buy Aug 14, 23
EF Hutton Buy Jul 18, 23
EF Hutton Buy Jun 15, 23
EF Hutton Buy Mar 17, 23
EF Hutton Buy Jan 19, 23
EF Hutton Buy Dec 22, 22
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
MCCHESNEY THOMAS Director Director Jun 23 Sell 4.80 3,870 18,576 166,397 06/27/22
MCCHESNEY THOMAS Director Director Jun 17 Sell 4.82 2,280 10,990 170,267 06/22/22
MCCHESNEY THOMAS Director Director Jun 08 Sell 4.85 10,549 51,163 175,647 06/14/22
MCCHESNEY THOMAS Director Director Jan 28 Option 0.8 40,000 32,000 191,173 02/01/22