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Golden Matrix (GMGI) Company Overview

Profile

Full Name:

Golden Matrix Group, Inc.

Country:

United States

IPO:

October 30, 2009

Indexes:

Not included

Description:

Golden Matrix Group, Inc. (GMGI) is a technology company that provides online gaming solutions. It develops and licenses gaming software for casinos and operators, focusing on innovative platforms and engaging user experiences. GMGI aims to enhance the online gaming industry with its advanced technology and services.

Key Details

Price

$1.91

Annual Revenue

$44.17 M(+22.59% YoY)

Annual EPS

-$0.03(-200.00% YoY)

Beta

0.79

Events Calendar

Earnings

Next earnings date:

Feb 7, 2025

Recent quarterly earnings:

Nov 12, 2024

Recent annual earnings:

Jan 17, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Jul 23, 2020

Analyst ratings

Recent major analysts updates

Sep 11, 23 EF Hutton
Buy
Aug 14, 23 EF Hutton
Buy
Jul 18, 23 EF Hutton
Buy
Jun 15, 23 EF Hutton
Buy
Mar 17, 23 EF Hutton
Buy
Jan 19, 23 EF Hutton
Buy
Dec 22, 22 EF Hutton
Buy

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Meridianbet (GMGI) Listed on Oracle's Global Tech Reference Page
Meridianbet (GMGI) Listed on Oracle's Global Tech Reference Page
Meridianbet (GMGI) Listed on Oracle's Global Tech Reference Page
GMGI
newsfilecorp.comFebruary 7, 2025

Las Vegas, Nevada--(Newsfile Corp. - February 7, 2025) - Meridianbet, the sports betting and iGaming division of Golden Matrix Group (NASDAQ: GMGI) has been featured on Oracle's Global Customer Reference Page--a dedicated platform showcasing the most advanced, high-impact projects implemented with Oracle technology, a global leader in enterprise tech powering the world's top businesses. To view the full announcement, including downloadable images, bios, and more, click here.

Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership
Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership
Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership
GMGI
newsfilecorp.comDecember 31, 2024

Las Vegas, Nevada--(Newsfile Corp. - December 31, 2024) - Golden Matrix Group (NASDAQ: GMGI), today announced a preview of its 2025 business growth opportunities in the gaming and technology sectors. This follows its year-to-date revenue growth of 55% to $105.3M, robust gross margins consistently above 55%, and a Price-to-Sales (P/S) ratio of 1.88.

Golden Matrix Group Resumes Stock Repurchase Program
Golden Matrix Group Resumes Stock Repurchase Program
Golden Matrix Group Resumes Stock Repurchase Program
GMGI
globenewswire.comDecember 20, 2024

LAS VEGAS, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that it has resumed its existing stock repurchase program.

Golden Matrix Group to Participate in the 2025 ICR Conference
Golden Matrix Group to Participate in the 2025 ICR Conference
Golden Matrix Group to Participate in the 2025 ICR Conference
GMGI
globenewswire.comDecember 19, 2024

LAS VEGAS, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that management will participate in the 2025 ICR Conference on January 13-15, 2025 at the Grande Lakes Resort in Orlando, FL.

Golden Matrix Group Issues CEO Update on Strategic Progress and Key Developments
Golden Matrix Group Issues CEO Update on Strategic Progress and Key Developments
Golden Matrix Group Issues CEO Update on Strategic Progress and Key Developments
GMGI
globenewswire.comDecember 6, 2024

LAS VEGAS, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group, Inc. (NASDAQ: GMGI) (“GMGI,” “Golden Matrix,” or the “Company”), a developer, licensor, and global operator of online gaming and eCommerce platforms, systems and gaming content, today issued a corporate update from CEO Brian Goodman highlighting the Company's recent performance, strategic priorities and financial positioning.

Meridianbet Redefines Sports Sponsorship with Europe's First Emblem Integration Deal with BC Crvena Zvezda
Meridianbet Redefines Sports Sponsorship with Europe's First Emblem Integration Deal with BC Crvena Zvezda
Meridianbet Redefines Sports Sponsorship with Europe's First Emblem Integration Deal with BC Crvena Zvezda
GMGI
globenewswire.comNovember 21, 2024

VALLETTA, Malta, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a global sports betting and gaming brand, part of the Golden Matrix Group Inc. (NASDAQ: GMGI), has advanced its strategic partnership with Euroleague basketball powerhouse Crvena Zvezda.

Meridianbet Foundation (GMGI) Marks Five Years of Successful Global Scholarship Program
Meridianbet Foundation (GMGI) Marks Five Years of Successful Global Scholarship Program
Meridianbet Foundation (GMGI) Marks Five Years of Successful Global Scholarship Program
GMGI
newsfilecorp.comNovember 4, 2024

Sliema, Malta--(Newsfile Corp. - November 4, 2024) - For the fifth consecutive year, the Meridianbet Foundation is proud to recognize and reward exceptional academic talent through its scholarship program. This program now reaches students across all markets where Meridianbet operates, supporting their academic journey and professional aspirations with meaningful financial awards and industry exposure.

Meridianbet Launches AI-Powered "I'm Feeling Lucky" Online Casino Feature, Setting New iGaming Industry Standard
Meridianbet Launches AI-Powered "I'm Feeling Lucky" Online Casino Feature, Setting New iGaming Industry Standard
Meridianbet Launches AI-Powered "I'm Feeling Lucky" Online Casino Feature, Setting New iGaming Industry Standard
GMGI
globenewswire.comNovember 1, 2024

Revolutionary feature combines spontaneous game discovery with AI-driven personalization Early adoption shows 40% increase in new game exploration Projected to drive 15% increase in player lifetime value Seamlessly integrated with Meridianbet's AI Casino Recommender VALLETTA, Malta, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a leading European online gaming operator and part of the Golden Matrix Group Inc. (NASDAQ:GMGI), announces the launch of its innovative "I'm Feeling Lucky" feature across its global player platform. This AI-powered feature directly addresses user acquisition costs and retention metrics, two key drivers of profitability in the iGaming sector.

Golden Matrix Group Subsidiary Meridianbet Launches Revolutionary AI-Powered Bet Recommender
Golden Matrix Group Subsidiary Meridianbet Launches Revolutionary AI-Powered Bet Recommender
Golden Matrix Group Subsidiary Meridianbet Launches Revolutionary AI-Powered Bet Recommender
GMGI
globenewswire.comOctober 25, 2024

LAS VEGAS, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI), a leading developer and licensor of online gaming platforms, systems, and content, today announced the launch of the AI-powered Bet Recommender by its sports betting division Meridianbet.

Meridianbet Launches Industry-Leading NBA Betting Offer with Over 2,000 Markets Per Game
Meridianbet Launches Industry-Leading NBA Betting Offer with Over 2,000 Markets Per Game
Meridianbet Launches Industry-Leading NBA Betting Offer with Over 2,000 Markets Per Game
GMGI
globenewswire.comOctober 24, 2024

Comprehensive selection of 2,000+ betting markets for every NBA game Advanced player prop bets and same-game parlay options Competitive odds matching top-tier US sportsbooks VALLETTA, Malta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a leading sports betting operator and part of the Golden Matrix Group (GMGI) announces an unprecedented expansion of its NBA betting markets for the 2024-25 season. With over 2,000 betting options per game, Meridianbet continues to demonstrate its commitment to providing US sports enthusiasts with an unmatched betting experience.

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FAQ

  • What is the ticker symbol for Golden Matrix?
  • Does Golden Matrix pay dividends?
  • What sector is Golden Matrix in?
  • What industry is Golden Matrix in?
  • What country is Golden Matrix based in?
  • When did Golden Matrix go public?
  • Is Golden Matrix in the S&P 500?
  • Is Golden Matrix in the NASDAQ 100?
  • Is Golden Matrix in the Dow Jones?
  • When was Golden Matrix's last earnings report?
  • When does Golden Matrix report earnings?
  • Should I buy Golden Matrix stock now?

What is the ticker symbol for Golden Matrix?

The ticker symbol for Golden Matrix is NASDAQ:GMGI

Does Golden Matrix pay dividends?

No, Golden Matrix does not pay dividends

What sector is Golden Matrix in?

Golden Matrix is in the Communication Services sector

What industry is Golden Matrix in?

Golden Matrix is in the Electronic Gaming & Multimedia industry

What country is Golden Matrix based in?

Golden Matrix is headquartered in United States

When did Golden Matrix go public?

Golden Matrix's initial public offering (IPO) was on October 30, 2009

Is Golden Matrix in the S&P 500?

No, Golden Matrix is not included in the S&P 500 index

Is Golden Matrix in the NASDAQ 100?

No, Golden Matrix is not included in the NASDAQ 100 index

Is Golden Matrix in the Dow Jones?

No, Golden Matrix is not included in the Dow Jones index

When was Golden Matrix's last earnings report?

Golden Matrix's most recent earnings report was on Nov 12, 2024

When does Golden Matrix report earnings?

The next expected earnings date for Golden Matrix is Feb 7, 2025

Should I buy Golden Matrix stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions