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 24.7% 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
Revenue & Expenses Breakdown
How Golden Matrix Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 88 | 15 | 36 | 0 |
| 30 Jun 23 | 84 | 16 | 42 | 0 |
| 31 Mar 23 | 80 | 16 | 34 | 0 |
| 31 Dec 22 | 75 | 16 | 26 | 0 |
| 31 Dec 21 | 60 | 13 | 20 | 0 |
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 (-4.9%).
Return on Equity
High ROE: GMGI's Return on Equity (26.5%) is considered high.