Golden Matrix Group, Inc.

NasdaqCM:GMGI Stock Report

Market Cap: US$121.9m

Golden Matrix Group Past Earnings Performance

Past criteria checks 0/6

Golden Matrix Group's earnings have been declining at an average annual rate of -49.2%, while the Entertainment industry saw earnings growing at 21% annually. Revenues have been growing at an average rate of 56.4% per year.

Key information

-49.2%

Earnings growth rate

-47.5%

EPS growth rate

Entertainment Industry Growth18.1%
Revenue growth rate56.4%
Return on equity-2.0%
Net Margin-1.4%
Last Earnings Update31 Jan 2024

Recent past performance updates

Recent updates

Investors Appear Satisfied With Golden Matrix Group, Inc.'s (NASDAQ:GMGI) Prospects As Shares Rocket 39%

Feb 02
Investors Appear Satisfied With Golden Matrix Group, Inc.'s (NASDAQ:GMGI) Prospects As Shares Rocket 39%

Golden Matrix Group, Inc. (NASDAQ:GMGI) Not Flying Under The Radar

Dec 18
Golden Matrix Group, Inc. (NASDAQ:GMGI) Not Flying Under The Radar

Estimating The Fair Value Of Golden Matrix Group, Inc. (NASDAQ:GMGI)

Nov 04
Estimating The Fair Value Of Golden Matrix Group, Inc. (NASDAQ:GMGI)

Investor Optimism Abounds Golden Matrix Group, Inc. (NASDAQ:GMGI) But Growth Is Lacking

Sep 21
Investor Optimism Abounds Golden Matrix Group, Inc. (NASDAQ:GMGI) But Growth Is Lacking

Golden Matrix Group GAAP EPS of $0.02, revenue of $9.1M

Sep 07

Golden Matrix Group (NASDAQ:GMGI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Mar 19
Golden Matrix Group (NASDAQ:GMGI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Revenue & Expenses Breakdown
Beta

How Golden Matrix Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:GMGI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jan 2445-1110
31 Oct 2344-1100
31 Jul 2342-4120
30 Apr 2340-2110
31 Jan 2338-1100
31 Oct 2236090
31 Jul 2230260
30 Apr 2224150
31 Jan 2218140
31 Oct 2111130
31 Jul 219130
30 Apr 217030
31 Jan 215030
31 Oct 204120
31 Jul 204120
30 Apr 203220
31 Jan 203210
31 Oct 193210
31 Jul 193210
30 Apr 193010
31 Jan 192010
31 Oct 182-110
31 Jul 181-110
30 Apr 180010
31 Jan 180000
31 Oct 170000
31 Jul 170200
30 Apr 1701700
31 Jan 170-500
31 Oct 160-700
31 Jul 160-1010
30 Apr 160-2720
31 Jan 160-520
31 Oct 150-420
31 Jul 150-320
30 Apr 150-210
31 Jan 150-210
31 Oct 140-110
31 Jul 140-110
30 Apr 140-100
31 Jan 140-100
31 Oct 130-100
31 Jul 130000

Quality Earnings: GMGI is currently unprofitable.

Growing Profit Margin: GMGI is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GMGI is unprofitable, and losses have increased over the past 5 years at a rate of 49.2% per year.

Accelerating Growth: Unable to compare GMGI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GMGI is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (12.1%).


Return on Equity

High ROE: GMGI has a negative Return on Equity (-2.04%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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