GMGI - NASDAQ

Golden Matrix Group, Inc.

GMGI·NASDAQ

$0.64

+9.9%

TechnologyElectronic Gaming & Multimedia

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 and Europe. 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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$90.00M

EPS-0.0130

P/E Ratio-151.84

Earnings Date03/23/2026

213.72M

Assets

501%

3Y+945.0%

5Y+7012.0%

10Y+144192.0%

104.77M

Total Liabilities

2239%

3Y+6744.0%

5Y+5213.0%

10Y+3426.0%

108.95M

Total Equity

250%

3Y+476.0%

5Y+10444.0%

10Y-3959.0%

Golden Matrix Group, Inc. Funding & Solvency Profile

GMGI · NASDAQ

Current Assets

Cash & Cash Equivalents30.13M

Net Receivables9.72M

Inventory3.94M

Other Current Assets0.00

Total Current Assets45 M

Non-Current Assets

Property, Plant & Equipment35.07M

Goodwill & Intangible Assets127.64M

Long-Term Investments218.15K

Other Non-Current Assets5.72M

Total Non-Current Assets41 M

Total Assets

213.72M

Financial Health Analysis

Current Ratio

0.71x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.96x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

-18484062

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

21% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital but strong cash position suggests an efficient operating model (common in retail/subscription businesses) rather than financial distress.

Golden Matrix Group, Inc. Balance Sheet

GMGI • NASDAQ

Golden Matrix Group, Inc. Balance Sheet	Dec 2024	Oct 2023	Oct 2022	Oct 2021	Jan 2021	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009	Jul 2008
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	30.1M	17.1M	14.9M	16.8M	11.7M	1.7M	446.6K	25.2K	2.3K	0.0	636.0	14.0	15.6K	47.1K	52.1K	8K	120K
Short-Term Investments	330.3K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	30.5M	17.1M	14.9M	16.8M	11.7M	1.7M	446.6K	25.2K	2.3K	0.0	636.0	14.0	15.6K	47.1K	52.1K	8K	120K
Net Receivables	9.7M	3.9M	3.1M	3.1M	1.7M	1.3M	372.3K	62.5K	10K	63.1K	79.2K	0.0	0.0	0.0	0.0	0.0	0.0
Accounts Receivables	5.6M	3.9M	2.6M	1.8M	1M	0.0	372.3K	62.5K	10K	63.1K	79.2K	0.0	0.0	0.0	0.0	0.0	0.0
Other Receivables	4.1M	0.0	413.7K	1.3M	656.8K	1.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	3.9M	1.7M	1.1M	-891.6K	0.0	0.0	0.0	0.0	0.0	0.0	-79.2K	0.0	0.0	0.0	0.0	0.0	0.0
Prepaids	955.5K	103.3K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Assets	0.0	52K	136.9K	1.1M	0.0	0.0	1K	0.0	0.0	63.1K	79.2K	815.0	140.0	480.0	27K	0.0	0.0
Total Current Assets	45.1M	22.9M	19.3M	20M	13.8M	3M	819.9K	87.7K	12.3K	63.1K	79.9K	829.0	15.8K	47.6K	79.1K	8K	120K
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	35.1M	103.1K	223.1K	280.2K	0.0	0.0	0.0	0.0	0.0	85K	85K	85.9K	86.8K	0.0	0.0	0.0	0.0
Goodwill	71.2M	10.4M	10.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	56.4M	2.2M	2.6M	135.3K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	127.6M	12.6M	13.1M	135.3K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	218.1K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	5.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Assets	168.7M	12.7M	13.3M	415.4K	0.0	0.0	0.0	0.0	0.0	85K	85K	85.9K	86.8K	0.0	0.0	0.0	0.0
Total Assets	213.7M	35.6M	32.6M	20.5M	13.8M	3M	819.9K	87.7K	12.3K	148.1K	164.9K	86.7K	102.6K	47.6K	79.1K	8K	120K
LIABILITIES
CURRENT LIABILITIES
Total Payables	41.8M	3.3M	1.4M	1.1M	78.9K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accounts Payable	12.9M	2.8M	1.4M	1.1M	78.9K	41.1K	14.4K	21.1K	36K	35.4K	22.3K	38.4K	132.1K	129.7K	81.1K	0.0	0.0
Other Payables	28.9M	489.4K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	123.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Short Term Debt	17.4M	0.0	95.1K	100.2K	99.0	1.2M	546.9K	933.2K	1.7M	2.7M	1.1M	148.6K	155.6K	0.0	0.0	1.8K	0.0
Capital Lease Obligations (Current)	2.4M	59.1K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	3.8M	476.5K	324.1K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	1.3M	456.7K	291.8K	68.6K	149.6K	552.1K	532.6K	533.4K	338.6K	0.0	0.0	18.8K	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	628.7K	626.4K	-441.9K	-969.6K	245K	15K	1.1M	136.2K	1.9M	252K	10.8K	134K	3.4K	0.0	20K	5.7K	10K
Total Current Liabilities	63.6M	4.5M	2.7M	1.3M	552.6K	1.8M	2.2M	1.6M	4M	3M	1.1M	339.8K	291.1K	129.7K	101.1K	7.5K	10K
NON-CURRENT LIABILITIES
Long Term Debt	14.4M	0.0	59.8K	182K	0.0	145K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	6.6M	0.0	4.4K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	15M	0.0	-4.4K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Liabilities	41.2M	0.0	59.8K	182K	0.0	145K	561.3K	954.2K	0.0	2.7M	1.1M	187K	287.7K	129.7K	81.1K	1.8K	0.0
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	-561.3K	-954.2K	0.0	-2.7M	-1.1M	-187K	-287.7K	-129.7K	-81.1K	-1.8K	0.0
Capital Lease Obligations	7.6M	59.1K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	104.8M	4.5M	2.8M	1.5M	552.6K	2M	2.2M	1.6M	4M	3M	1.1M	339.8K	291.1K	129.7K	101.1K	7.5K	10K
SHAREHOLDERS' EQUITY
Treasury Stock	-121.4K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	57.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	1.3K	362.0	282.0	272.0	227.0	28.5K	26.2K	1.4K	3.9K	3.5M	1.4M	103K	51.4K	49.8K	45.2K	44.4K	10K
Additional Paid-In Capital	50.3M	57M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Retained Earnings	57M	-25.8M	-24.7M	-24.4M	-25.1M	-26.4M	-28.2M	-26.9M	-28.7M	-18.7M	-16.1M	-14.7M	-14.2M	-13.9M	-5.6M	-111.9K	-10K
Accumulated Other Comprehensive Income/Loss	-8.1M	-73.2K	-205.7K	-1.7K	-978.0	-683.0	-683.0	-683.0	-683.0	-683.0	-683.0	-683.0	-528.0	-7.5K	0.0	0.0	0.0
Other Total Stockholders' Equity	5.9M	0.0	51.7M	43.4M	-19M	27.4M	26.8M	25.4M	24.7M	12.4M	13.7M	14.3M	14M	13.8M	5.5M	68K	100K
Total Stockholders' Equity	105.1M	31.1M	26.8M	18.9M	13.3M	1M	-1.3M	-1.5M	-4M	-2.8M	-929.6K	-253.1K	-188.5K	-82.2K	-21.9K	482.0	100K
Total Equity	109M	31.1M	29.8M	18.9M	13.3M	1M	-1.3M	-1.5M	-4M	-2.8M	-929.6K	-253.1K	-188.5K	-82.2K	-21.9K	482.0	0.0
Minority Interest	3.9M	0.0	3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	213.7M	35.6M	32.6M	20.5M	13.8M	3M	819.9K	87.7K	12.3K	148.1K	164.9K	86.7K	102.6K	47.6K	79.1K	8K	110K
Total Investments	548.4K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	39.3M	59.1K	154.9K	282.2K	99.0	1.4M	546.9K	933.2K	1.7M	2.7M	1.1M	148.6K	155.6K	0.0	0.0	1.8K	0.0
Net Debt	9.2M	-17M	-14.8M	-16.5M	-11.7M	-367.5K	100.4K	908K	1.7M	2.7M	1.1M	148.6K	140K	-47.1K	-52.1K	-6.2K	-120K
Shares Outstanding	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155	139,635,155

SEC Filings

GMGI - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	March 03, 2026	February 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 24, 2026	February 19, 2026	2026	View Filing
8-K 8-K 2025 N/A	January 02, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 19, 2025	December 18, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 18, 2025	December 12, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 16, 2025	December 15, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 15, 2025	December 12, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 08, 2025	December 02, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 02, 2025	November 25, 2025	2025	View Filing

Showing 1 to 10 of 268 filings

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