Golden Matrix Group, Inc., a gaming technology company, develops and owns online gaming IP, and builds social gaming platforms for its customers located primarily in the Asia Pacific region. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has Golden Matrix Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GMGI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: GMGI's weekly volatility has decreased from 16% to 9% over the past year.
7 Day Return
1 Year Return
Return vs Industry: GMGI exceeded the US Entertainment industry which returned 35.3% over the past year.
Return vs Market: GMGI exceeded the US Market which returned 19.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Golden Matrix Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Golden Matrix Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GMGI ($7.03) is trading above our estimate of fair value ($2.24)
Significantly Below Fair Value: GMGI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GMGI is poor value based on its PE Ratio (66.6x) compared to the US Entertainment industry average (26.8x).
PE vs Market: GMGI is poor value based on its PE Ratio (66.6x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GMGI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GMGI is overvalued based on its PB Ratio (54x) compared to the US Entertainment industry average (3.8x).
How is Golden Matrix Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Golden Matrix Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Check out Golden Matrix Group's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Golden Matrix Group's filings and announcementshere.
- Explore growth companies in the Media industry.
How has Golden Matrix Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GMGI has high quality earnings.
Growing Profit Margin: GMGI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GMGI has become profitable over the past 5 years, growing earnings by 41.3% per year.
Accelerating Growth: GMGI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GMGI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (33.7%).
Return on Equity
High ROE: GMGI's Return on Equity (81%) is considered outstanding.
How is Golden Matrix Group's financial position?
Financial Position Analysis
Short Term Liabilities: GMGI's short term assets ($3.7M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: GMGI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GMGI's debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: GMGI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: GMGI's debt is well covered by operating cash flow (743%).
Interest Coverage: GMGI's interest payments on its debt are well covered by EBIT (55.6x coverage).
What is Golden Matrix Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GMGI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GMGI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GMGI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GMGI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GMGI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Anthony Goodman (61 yo)
Mr. Anthony Brian Goodman serves as President, Chief Executive Officer, Chairman of the Board, Secretary and Treasurer at Elray Gaming Inc since February 18, 2016. Mr. Goodman has been Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD81.97K) is below average for companies of similar size in the US market ($USD561.41K).
Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.
|CFO & Director||4.75yrs||US$81.97k||3.6% |
|Lead Independent Director||0.58yr||no data||0.92% |
|Head of Exploration Committee & Member of The Advisory Committee||10.92yrs||no data||no data|
|Director||0.25yr||no data||no data|
|Director||0.25yr||no data||no data|
Experienced Board: GMGI's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Golden Matrix Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Golden Matrix Group, Inc.
- Ticker: GMGI
- Exchange: OTCPK
- Founded: 2008
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: US$133.750m
- Shares outstanding: 19.04m
- Website: https://www.goldenmatrix.com
Number of Employees
- Golden Matrix Group, Inc.
- 3651 Lindell Road
- Suite D131
- Las Vegas
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GMGI||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Oct 2009|
Golden Matrix Group, Inc., a gaming technology company, develops and owns online gaming IP, and builds social gaming platforms for its customers located primarily in the Asia Pacific region. Its gaming IP ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 00:18|
|End of Day Share Price||2020/11/25 00:00|
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 here.