Golden Matrix Group Past Earnings Performance

Past criteria checks 1/6

Golden Matrix Group's earnings have been declining at an average annual rate of -1.5%, while the Entertainment industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 22.9% per year. Golden Matrix Group's return on equity is 26.5%, and it has net margins of 16.9%.

Key information

-1.5%

Earnings growth rate

n/a

EPS growth rate

Entertainment Industry Growth	18.1%
Revenue growth rate	22.9%
Return on equity	26.5%
Net Margin	16.9%
Last Earnings Update	30 Sep 2023

Recent past performance updates

Recent updates

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

Jan 15

Revenue & Expenses Breakdown

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)
Date	Revenue	Earnings	G+A Expenses
30 Sep 23	88	15	36
30 Jun 23	84	16	41
31 Mar 23	80	16	33
31 Dec 22	75	16	26
31 Dec 21	60	13	20

Quality Earnings: GMGI has a high level of non-cash earnings.

Growing Profit Margin: GMGI's current net profit margins (16.9%) are lower than last year (21.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if GMGI's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: GMGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GMGI had negative earnings growth (-1.5%) over the past year, making it difficult to compare to the Entertainment industry average (-3.6%).

Return on Equity

High ROE: GMGI's Return on Equity (26.5%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 22:27
End of Day Share Price	2025/02/07 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Golden Matrix Group, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.