Golden Matrix Group, Inc.

Golden Matrix Group, Inc.

GMGIยทNASDAQ

$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.

At a Glance

Live Snapshot
Market Cap$90.00M
EPS-0.0130
P/E Ratio-151.84
Earnings Date03/23/2026
3Y+150.0%
5Y+5143.0%
10Y-
3Y-112.0%
5Y-184.0%
10Y-44.0%
3Y+13.0%
5Y+1547.0%
10Y-1289.0%
Golden Matrix Group, Inc.

Golden Matrix Group, Inc. Profit Bridge

GMGI ยท NASDAQ
Revenue151.12M
Cost of Goods Sold (62.54M)
Gross Profit88.57M
Operating Expenses (85.83M)
Operating Income2.74M
Interest Expense (3.52M)
Other Income/Expense-1.54M
Pretax Income1.21M
Income Tax (2.62M)
Net Income-1.48M
Net Income
-1.48M

Profitability Analysis

Gross Margin

58.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

1.8%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-1.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Effective Tax Rate

216.7%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Golden Matrix Group, Inc. Income Statement

GMGI โ€ข NASDAQ

Golden Matrix Group, Inc. Income StatementDec 2024Oct 2023Oct 2022Dec 2021Jan 2021Oct 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009Jul 2008
REVENUE
151.1M
44.2M
36M
60.4M
5.2M
2.9M
915.8K
120K
20K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
GROSS PROFIT
(62.5M)
(34.3M)
(26.9M)
(14.6M)
(2M)
(22K)
(72K)
(50K)
(0.0)
(0.0)
(0.0)
(0.0)
(3.3K)
(83.7K)
(252.1K)
(20.4K)
(0.0)
88.6M
9.9M
9.2M
45.8M
3.2M
2.9M
843.8K
70K
20K
0.0
0.0
0.0
-3.3K
-83.7K
-252.1K
-20.4K
0.0
OPERATING INCOME
(85.8M)
(10.4M)
(9M)
(31.5M)
(2.8M)
(581.6K)
(462.8K)
(320.4K)
(5.2M)
(2M)
(518.4K)
(163.4K)
(218.5K)
(4.2M)
(5.2M)
(82.4K)
(10K)
(78.1M)
(10.4M)
(8.9M)
(20.3M)
(2.8M)
(581.6K)
(462.8K)
(320.4K)
(492.1K)
(2M)
(517.5K)
(159.1K)
(185.9K)
(4.2M)
(5.2M)
(82K)
(10K)
(0.0)
(0.0)
(23.1K)
(0.0)
(47.6K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
2.7M
-526.2K
192.5K
14.3M
399.3K
1.8M
-990.9K
-250.4K
-5.2M
-2M
-518.4K
-163.4K
-266.1K
-4.3M
-5.5M
-102.8K
-10K
PRE-TAX INCOME
(3.5M)
(12.4K)
(9.2K)
(51.2K)
(11.9K)
(45.4K)
(162K)
(413.7K)
(4.6M)
(803.1K)
(596.8K)
(156.9K)
(32.2K)
(0.0)
(0.0)
(0.0)
(0.0)
-3.3M
44.6K
0.0
-51.2K
-10.2K
-37.2K
-162K
-413.7K
-4.6M
-803.1K
-596.8K
-156.9K
-32.2K
0.0
0.0
0.0
0.0
(7.7M)
(0.0)
(0.0)
(11.2M)
(0.0)
(0.0)
(0.0)
(0.0)
(4.7M)
(0.0)
(865.0)
(4.3K)
(32.6K)
(22.6K)
(0.0)
(382.0)
(0.0)
-1.5M
36.8K
270.6K
-136K
9K
-471.5K
-1.5M
2.5M
-258.1K
221.8K
-265.3K
-151.7K
32.5K
-2M
-2.8K
0.0
0.0
1.2M
-489.4K
463.1K
14.2M
398.1K
1.8M
-1.3M
1.8M
-10M
-2.6M
-1.4M
-472K
-298.3K
-6.3M
-5.5M
-102.8K
-10K
NET INCOME
(2.6M)
(683.3K)
(419K)
(1.2M)
(10.2K)
(42.4K)
(1.7M)
-2.5M
(4.8M)
-221.8K
(862.1K)
(308.6K)
(298.3K)
(6.3M)
(5.5M)
(102.8K)
(0.0)
-1.5M
-1.2M
44K
12.9M
398.1K
1.8M
-1.3M
1.8M
-10M
-2.6M
-1.4M
-472K
-298.3K
-6.3M
-5.5M
-102.8K
-10K

SEC Filings

GMGI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

March 03, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

February 24, 2026
February 19, 2026
2026
8-K

8-K 2025

N/A

January 02, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

December 19, 2025
December 18, 2025
2025
8-K

8-K 2025

N/A

December 18, 2025
December 12, 2025
2025
8-K

8-K 2025

N/A

December 16, 2025
December 15, 2025
2025
8-K

8-K 2025

N/A

December 15, 2025
December 12, 2025
2025
8-K

8-K 2025

N/A

December 08, 2025
December 02, 2025
2025
8-K

8-K 2025

N/A

December 02, 2025
November 25, 2025
2025
Showing 1 to 10 of 268 filings