USD 2.04
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| GMGI | -6.8 | 5.2 | 6.2 | -9.3 | -23.9 | -5.1 | -67.6 | 126.7 | -100 | -100 |
| S&P 500 | 1.0 | 3.7 | 2.1 | 2.3 | 8.2 | 25.4 | 31.0 | 80.6 | 196.5 | 33856.2 |
Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline
Feel free to experiment with these tools to enhance your technical analysis. Remember, any drawings you make are temporary and will be lost upon refreshing the page unless saved as an image using the 'Camera' icon.
Get instant AI-powered professional insights on prices:
💡Generate AI Technical Analysis ReportA Multi-Interval Candlestick Chart displays the price movements of an asset over different time intervals. Each candlestick represents the open, high, low, and close prices for a specific interval. The chart can be used to identify trends and patterns in price movements.
| Attribute | Value |
|---|---|
| symbol | GMGI |
| name | Golden Matrix Group, Inc. |
| price | 2.04 |
| changes percentage | -6.8493 |
| change | -0.15 |
| day low | 2 |
| day high | 2.3 |
| year high | 6.27 |
| year low | 1.86 |
| market cap | 262962118 |
| price avg 50 | 2.2925 |
| price avg 200 | 2.80395 |
| exchange | NASDAQ |
| volume | 98276 |
| avg volume | 121159 |
| open | 2.21 |
| previous close | 2.19 |
| eps | -0.02 |
| pe | -102 |
| earnings announcement | 2025-01-17T12:00:00.000+0000 |
| shares outstanding | 128902999 |
| timestamp | 2025-01-17 21:00:01 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001437925 | |||
| revenue | 44174052 | 36034856 | 22.59 |
| gross profit | 9868871 | 9162627 | 7.71 |
| gross profit ratio | 0.22 | 0.25 | -12.14 |
| research and development expenses | 0 | 23092 | -100.00 |
| operating expenses | 10395118 | 8970135 | 15.89 |
| interest income | 57004 | 9190 | 520.28 |
| interest expense | 12400 | 9190 | 34.93 |
| ebitda | 4270.0 | 609117 | -99.30 |
| ebitdaratio | 0.0 | 0.02 | -99.43 |
| operating income | -526247 | 192492 | -373.39 |
| operating income ratio | -0.01 | 0.01 | -323.01 |
| net income | -1172750 | 44028 | -2763.65 |
| net income ratio | -0.03 | 0.0 | -2272.86 |
| eps | -0.03 | 0.0 | -2168.75 |
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0001437925 | |||
| revenue | 40992329 | 39415242 | 4.00 |
| gross profit | 22403167 | 21685542 | 3.31 |
| gross profit ratio | 0.55 | 0.55 | -0.67 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 23379550 | 21560430 | 8.44 |
| interest income | 58475 | 69666 | -16.06 |
| interest expense | 790193 | 32484 | 2332.56 |
| ebitda | 2130984 | 573079 | 271.85 |
| ebitdaratio | 0.05 | 0.01 | 257.54 |
| operating income | -976383 | 125112 | -880.41 |
| operating income ratio | -0.02 | 0.0 | -850.38 |
| net income | -3405564 | 64925 | -5345.38 |
| net income ratio | -0.08 | 0.0 | -5143.58 |
| eps | -0.03 | 0.0 | -6100.00 |
Revenue Growth: revenue increased to 41 million in 2024Q4 from 39 million in 2024Q3 representing a change of 4.0%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 22 million in 2024Q4 from 22 million in 2024Q3 representing a change of 3.31%. This indicates a sales profitability growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses increased to 23 million in 2024Q4 from 22 million in 2024Q3 representing a change of 8.44%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 2 million in 2024Q4 from 1 million in 2024Q3 representing a change of 271.85%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Operating Income: Operating income decreased to -1 million in 2024Q4 from 0 million in 2024Q3 representing a change of -880.41%. The decrease in operating income indicates worse operational performance and decreased profitability.
Net Income: Net income decreased to -3 million in 2024Q4 from 0 million in 2024Q3 representing a change of -5345.38%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to -0.03 in 2024Q4 from -0.03 in 2024Q3 representing a change of -6100.0%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001437925 | |||
| total assets | 35582817 | 32571413 | 9.25 |
| total liabilities | 4479423 | 2774932 | 61.42 |
| total equity | 31103394 | 26797415 | 16.07 |
| cash and cash equivalents | 17100280 | 14949673 | 14.39 |
| short term investments | 0 | 0 | NaN |
| long term investments | 0 | 0 | NaN |
| total current assets | 22852676 | 19288950 | 18.48 |
| total non current assets | 12730141 | 13282463 | -4.16 |
| total current liabilities | 4479423 | 2715154 | 64.98 |
| total non current liabilities | 0 | 59778 | -100.00 |
| common stock | 362 | 282 | 28.37 |
| retained earnings | -25847597 | -24674847 | -4.75 |
| total debt | 59089 | 154863 | -61.84 |
Total Assets: Total Assets increased to 36 million in 2023 from 33 million in 2022 representing a change of 9.25%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 31 million in 2023 from 27 million in 2022 representing a change of 16.07%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 17 million in 2023 from 15 million in 2022 representing a change of 14.39%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 23 million in 2023 from 19 million in 2022 representing a change of 18.48%. This indicates a better liquidity position.
Common Stock: Common Stock increased to 0 in 2023 from 0 in 2022 representing a change of 28.37%. This indicates an increase in ownership interest.
Total Debt: Total Debt decreased to 0 million in 2023 from 0 million in 2022 representing a change of -61.84%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 4 million in 2023 from 3 million in 2022 representing a change of 61.42%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 4 million in 2023 from 3 million in 2022 representing a change of 64.98%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to -26 million in 2023 from -25 million in 2022 representing a change of -4.75%. This indicates an accumulated losses.
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0001437925 | |||
| total assets | 213491765 | 191537719 | 11.46 |
| total liabilities | 114903948 | 101146206 | 13.60 |
| total equity | 98587817 | 90391513 | 9.07 |
| cash and cash equivalents | 38404951 | 32829744 | 16.98 |
| short term investments | 0 | 0 | NaN |
| long term investments | 240152 | 230402 | 4.23 |
| total current assets | 56669115 | 48555378 | 16.71 |
| total non current assets | 156822650 | 142982341 | 9.68 |
| total current liabilities | 69391267 | 51313201 | 35.23 |
| total non current liabilities | 45512681 | 49833005 | -8.67 |
| common stock | 1227 | 1208 | 1.57 |
| retained earnings | 59177236 | 62582800 | -5.44 |
| total debt | 39416319 | 55687356 | -29.22 |
Total Assets: Total Assets increased to 213 million in 2024Q4 from 192 million in 2024Q3 representing a change of 11.46%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 99 million in 2024Q4 from 90 million in 2024Q3 representing a change of 9.07%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 38 million in 2024Q4 from 33 million in 2024Q3 representing a change of 16.98%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 57 million in 2024Q4 from 49 million in 2024Q3 representing a change of 16.71%. This indicates a better liquidity position.
Common Stock: Common Stock increased to 0 in 2024Q4 from 0 in 2024Q3 representing a change of 1.57%. This indicates an increase in ownership interest.
Total Debt: Total Debt decreased to 39 million in 2024Q4 from 56 million in 2024Q3 representing a change of -29.22%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 115 million in 2024Q4 from 101 million in 2024Q3 representing a change of 13.6%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 69 million in 2024Q4 from 51 million in 2024Q3 representing a change of 35.23%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to 59 million in 2024Q4 from 63 million in 2024Q3 representing a change of -5.44%. This indicates an accumulated losses.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001437925 | |||
| net change in cash | 2150607 | -1847983 | 216.38 |
| operating cash flow | 2206367 | 2771418 | -20.39 |
| free cash flow | 2141114 | 2613057 | -18.06 |
| capital expenditure | -65253 | -158361 | 58.79 |
| depreciation and amortization | 481313 | 407435 | 18.13 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 2184011 | 2659221 | -17.87 |
| accounts payables | 3668826 | 374065 | 880.80 |
| inventory | -514860 | -417886 | -23.21 |
| acquisitions net | -30708 | -4247048 | 99.28 |
| investments in property plant and equipment | -12465 | -158361 | 92.13 |
| net cash used for investing activites | -95961 | -4405409 | 97.82 |
| debt repayment | 0 | 0 | NaN |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -32322 | 0 | NaN |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | -32322 | 32000 | -201.01 |
| cash at end of period | 17100280 | 14949673 | 14.39 |
| accounts receivables | -3037174 | -100224 | -2930.39 |
| cash at beginning of period | 14949673 | 16797656 | -11.00 |
Net Change in Cash: Net Change in Cash increased to 2 million in 2023 from -2 million in 2022 representing a change of 216.38%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Stock-Based Compensation: Stock-Based Compensation decreased to 2 million in 2023 from 3 million in 2022 representing a change of -17.87%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Receivables: Accounts Receivables decreased to -3 million in 2023 from 0 million in 2022 representing a change of -2930.39%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Operating Cash Flow: Operating Cash Flow decreased to 2 million in 2023 from 3 million in 2022 representing a change of -20.39%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to 2 million in 2023 from 3 million in 2022 representing a change of -18.06%. This indicates a decrease in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure increased to 0 million in 2023 from 0 million in 2022 representing a change of 58.79%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Accounts Payables: The absolute value of Accounts Payables increased to 4 million in 2023 from 0 million in 2022 representing a change of 880.8%. This indicates that the company has increased its outstanding obligations to its suppliers.
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0001437925 | |||
| operating cash flow | 4763705 | 1276697 | 273.13 |
| free cash flow | -3265100 | 514950 | -734.06 |
| capital expenditure | -8028805 | -761747 | -954.00 |
| depreciation and amortization | 3107367 | 2191815 | 41.77 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 1614751 | 1638052 | -1.42 |
| accounts receivables | -1167710 | -336684 | -246.83 |
| accounts payables | 3843937 | 0 | NaN |
| inventory | -336010 | -397919 | 15.56 |
| acquisitions net | -2481700 | -2822320 | 12.07 |
| investments in property plant and equipment | -2456140 | -761747 | -222.44 |
| net cash used for investing activites | -10520255 | -5593138 | -88.09 |
| debt repayment | 9551829 | 0 | NaN |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -1671 | 0 | NaN |
| dividends paid | 0 | -384767 | 100.00 |
| net cash used provided by financing activities | 9550158 | 11583099 | -17.55 |
| net change in cash | 38404951 | 0 | NaN |
| cash at end of period | 38404951 | 0 | NaN |
| cash at beginning of period | 32829744 | 0 | NaN |
Net Change in Cash: Net Change in Cash increased to 38 million in 2024Q4 from 0 million in 2024Q3 representing a change of nan%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 5 million in 2024Q4 from 1 million in 2024Q3 representing a change of 273.13%. This indicates that the company generated more cash from its core business operations.
Capital Expenditure: Capital Expenditure decreased to -8 million in 2024Q4 from -1 million in 2024Q3 representing a change of -954.0%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 2 million in 2024Q4 from 2 million in 2024Q3 representing a change of -1.42%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Receivables: Accounts Receivables decreased to -1 million in 2024Q4 from 0 million in 2024Q3 representing a change of -246.83%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Dividends Paid: Dividends Paid increased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of 100.0%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.
Free Cash Flow: Free Cash Flow decreased to -3 million in 2024Q4 from 1 million in 2024Q3 representing a change of -734.06%. This indicates a decrease in cash generated after accounting for capital expenditures.
Accounts Payables: The absolute value of Accounts Payables increased to 4 million in 2024Q4 from 0 million in 2024Q3 representing a change of nan%. This indicates that the company has increased its outstanding obligations to its suppliers.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-10-31 | 2022-10-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 1.25 | 1.29 | -2.95 |
| net income per share | -0.03 | 0.0 | -2208.77 |
| operating cash flow per share | 0.06 | 0.1 | -36.97 |
| free cash flow per share | 0.06 | 0.09 | -35.13 |
| cash per share | 0.48 | 0.53 | -9.44 |
| book value per share | 0.88 | 1.06 | -17.36 |
| tangible book value per share | 0.52 | 0.6 | -12.60 |
| shareholders equity per share | 0.88 | 0.96 | -8.11 |
| interest debt per share | 0.0 | 0.01 | -65.50 |
| market cap | 89968567.84 | 70105002.5 | 28.33 |
| enterprise value | 72927376.84 | 55310192.5 | 31.85 |
| pe ratio | -76.72 | 1592.28 | -104.82 |
| price to sales ratio | 2.04 | 1.95 | 4.69 |
| pocfratio | 40.78 | 25.3 | 61.20 |
| pfcf ratio | 42.02 | 26.83 | 56.62 |
| pb ratio | 2.89 | 2.62 | 10.57 |
| ptb ratio | 2.89 | 2.62 | 10.57 |
| ev to sales | 1.65 | 1.53 | 7.56 |
| enterprise value over ebitda | 17079.01 | 90.8 | 18708.68 |
| ev to operating cash flow | 33.05 | 19.96 | 65.62 |
| ev to free cash flow | 34.06 | 21.17 | 60.91 |
| earnings yield | -0.01 | 0.0 | -2175.56 |
| free cash flow yield | 0.02 | 0.04 | -36.15 |
| debt to equity | 0.0 | 0.01 | -67.13 |
| debt to assets | 0.0 | 0.0 | -65.07 |
| net debt to ebitda | -3990.91 | -24.29 | -16330.98 |
| current ratio | 5.1 | 7.1 | -28.19 |
| interest coverage | -42.44 | 20.95 | -302.61 |
| income quality | -1.88 | 62.95 | -102.99 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.24 | 0.25 | -5.22 |
| research and ddevelopement to revenue | 0 | 0.0 | -100.00 |
| intangibles to total assets | 0.35 | 0.4 | -11.49 |
| capex to operating cash flow | 0.03 | 0.06 | -48.24 |
| capex to revenue | 0.0 | 0.0 | -66.39 |
| capex to depreciation | 0.14 | 0.39 | -65.12 |
| stock based compensation to revenue | 0.05 | 0.07 | -33.00 |
| graham number | 0.81 | 0.18 | 340.20 |
| roic | -0.04 | 0.0 | -6721.98 |
| return on tangible assets | -0.05 | 0.0 | -2364.05 |
| graham net net | 0.46 | 0.54 | -13.72 |
| working capital | 18373253 | 16573796 | 10.86 |
| tangible asset value | 18476343 | 16737082 | 10.39 |
| net current asset value | 18373253 | 16514018 | 11.26 |
| invested capital | 31103394 | 29856259 | 4.18 |
| average receivables | 3468683 | 3062179 | 13.27 |
| average payables | 2116364.5 | 1229931 | 72.07 |
| average inventory | 1431058 | 128014 | 1017.89 |
| days sales outstanding | 32.08 | 30.94 | 3.68 |
| days payables outstanding | 30.3 | 18.81 | 61.05 |
| days of inventory on hand | 18.24 | 15.59 | 17.03 |
| receivables turnover | 11.38 | 11.8 | -3.55 |
| payables turnover | 12.05 | 19.4 | -37.91 |
| inventory turnover | 20.01 | 23.42 | -14.55 |
| roe | -0.04 | 0.0 | -2394.89 |
| capex per share | 0.0 | 0.01 | -67.38 |
ROE: Return on Equity (ROE) decreased to -0.04 on 2023-10-31 from 0.00 on 2022-10-31, representing a change of -2394.89%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -76.72 on 2023-10-31 from 1592.28 on 2022-10-31, representing a change of -104.82%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 5.10 on 2023-10-31 from 7.10 on 2022-10-31, representing a change of -28.19%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2023-10-31 from 0.01 on 2022-10-31, representing a change of -67.13%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
| 2024-09-30 Q4 | 2024-06-30 Q3 | Q/Q change % | |
|---|---|---|---|
| GMGI | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 0.36 | 0.33 | 10.47 |
| net income per share | -0.03 | 0.0 | -5671.79 |
| operating cash flow per share | 0.04 | 0.01 | 296.35 |
| free cash flow per share | -0.03 | 0.0 | -773.52 |
| cash per share | 0.34 | 0.27 | 24.26 |
| book value per share | 0.87 | 0.75 | 15.85 |
| tangible book value per share | -0.17 | -0.12 | -34.80 |
| shareholders equity per share | 0.83 | 0.74 | 11.83 |
| interest debt per share | 0.35 | 0.46 | -23.35 |
| market cap | 264498804 | 319544205.35 | -17.23 |
| enterprise value | 265510172 | 342401817.35 | -22.46 |
| pe ratio | -19.42 | 1230.44 | -101.58 |
| price to sales ratio | 6.45 | 8.11 | -20.41 |
| pocfratio | 55.52 | 250.29 | -77.82 |
| pfcf ratio | -81.01 | 620.53 | -113.05 |
| pb ratio | 2.81 | 3.57 | -21.37 |
| ptb ratio | 2.81 | 3.57 | -21.37 |
| ev to sales | 6.48 | 8.69 | -25.44 |
| enterprise value over ebitda | 124.6 | 597.48 | -79.15 |
| ev to operating cash flow | 55.74 | 268.19 | -79.22 |
| ev to free cash flow | -81.32 | 664.92 | -112.23 |
| earnings yield | -0.01 | 0.0 | -6437.01 |
| free cash flow yield | -0.01 | 0.0 | -866.02 |
| debt to equity | 0.42 | 0.62 | -32.77 |
| debt to assets | 0.18 | 0.29 | -36.50 |
| net debt to ebitda | 0.47 | 39.89 | -98.81 |
| current ratio | 0.82 | 0.95 | -13.70 |
| interest coverage | -1.24 | 3.85 | -132.08 |
| income quality | -1.45 | 19.66 | -107.35 |
| dividend yield | 0 | 0.0 | -100.00 |
| payout ratio | 0 | 5.93 | -100.00 |
| sales general and administrative to revenue | 0.44 | 0 | NaN |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.55 | 0.55 | 0.10 |
| capex to operating cash flow | 1.69 | 0.6 | 182.48 |
| capex to revenue | 0.2 | 0.02 | 913.45 |
| capex to depreciation | 2.58 | 0.35 | 643.45 |
| stock based compensation to revenue | 0.04 | 0.04 | -5.22 |
| graham number | 0.75 | 0.09 | 689.35 |
| roic | -0.01 | 0.0 | -65380.40 |
| return on tangible assets | -0.04 | 0.0 | -4811.82 |
| graham net net | -0.59 | -0.5 | -18.30 |
| working capital | -12722152 | -2757823 | -361.31 |
| tangible asset value | -18763328 | -14785080 | -26.91 |
| net current asset value | -58234833 | -52590828 | -10.73 |
| invested capital | 137846705 | 134228122 | 2.70 |
| average receivables | 8938006.5 | None | NaN |
| average payables | 10808484 | None | NaN |
| average inventory | 3877298.5 | None | NaN |
| days sales outstanding | 20.77 | 19.21 | 8.12 |
| days payables outstanding | 59.32 | 47.53 | 24.80 |
| days of inventory on hand | 21.37 | 16.96 | 26.05 |
| receivables turnover | 4.33 | 4.68 | -7.51 |
| payables turnover | 1.52 | 1.89 | -19.87 |
| inventory turnover | 4.21 | 5.31 | -20.67 |
| roe | -0.04 | 0.0 | -5082.54 |
| capex per share | 0.07 | 0.01 | 1019.59 |
ROE: Return on Equity (ROE) decreased to -0.04 on 2024-09-30 Q4 from 0.00 on 2024-06-30 Q3, representing a change of -5082.54%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -19.42 on 2024-09-30 Q4 from 1230.44 on 2024-06-30 Q3, representing a change of -101.58%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.82 on 2024-09-30 Q4 from 0.95 on 2024-06-30 Q3, representing a change of -13.70%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.42 on 2024-09-30 Q4 from 0.62 on 2024-06-30 Q3, representing a change of -32.77%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
None
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2025-01-17 09:04:00
Las Vegas, Nevada--(Newsfile Corp. - January 17, 2025) - Expanse Studios, the in-house development division of Golden Matrix Group Inc. (NASDAQ: GMGI), continues to strengthen its position at the US. In just a few weeks since entering the U.S. sweepstakes casino market in late 2024, Expanse Studios has doubled the number of games it supplies, underscoring its rapid growth and ability to deliver high-quality gaming solutions.
Sentiment: Positive
Publish Date: 2024-12-31 12:07:00
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.
Sentiment: Neutral
Publish Date: 2024-12-20 08:30:00
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.
Sentiment: Neutral
Publish Date: 2024-12-19 08:00:00
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.
Sentiment: Positive
Publish Date: 2024-12-18 08:00:00
LAS VEGAS, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a global developer, licensor, and operator of online gaming platforms, today announced Expanse Studios, a rising leader in the iGaming sector and part of the Golden Matrix Group, is thrilled to announce the commencement of the filing process for its B2B Gaming License registration in Ontario, Canada. This pivotal step marks a significant advancement in the Company's global expansion strategy as the company prepares to enter one of North America's most dynamic and regulated iGaming markets.
Sentiment: Positive
Publish Date: 2024-12-13 09:04:00
Sliema, Malta--(Newsfile Corp. - December 13, 2024) - Golden Matrix Group, Inc. (NASDAQ: GMGI), the parent company of renowned brands such as Meridianbet, has seen significant contributions from its sweepstakes business segments as well - RKings Competitions and Classics for a Cause. These two brands have emerged as strong performers within the company's portfolio, blending entertainment with broader impact and adding notable value to its overall operations.
Sentiment: Positive
Publish Date: 2024-12-06 09:00:00
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.
Sentiment: Positive
Publish Date: 2024-11-29 07:44:00
Sliema, Malta--(Newsfile Corp. - November 29, 2024) - High insider ownership is often seen as a double-edged sword, but it also reflects strong leadership commitment. Following the acquisition of Meridianbet, 85% of shares in Golden Matrix Group (NASDAQ: GMGI) are held by insiders—a clear indication of alignment between leadership and shareholder interests.
Sentiment: Positive
Publish Date: 2024-11-21 12:22:00
Sliema, Malta--(Newsfile Corp. - November 21, 2024) - 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. To view the full announcement, including downloadable images, bios, and more, click here.
Sentiment: Positive
Publish Date: 2024-11-21 03:22:00
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.
Sentiment: Positive
Publish Date: 2024-11-12 12:40:33
Golden Matrix Group, Inc. (NASDAQ:GMGI ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Unidentified Company Representative - Brian Goodman - CEO Zoran Milošević - CEO of Merdianbet Group Conference Call Participants Operator Thank you and good morning, everyone. Welcome to Golden Matrix Group's Third Quarter 2024 Earnings Call.
Sentiment: Positive
Publish Date: 2024-11-04 08:40:00
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.
Sentiment: Positive
Publish Date: 2024-11-01 09:13:00
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.
Sentiment: Positive
Publish Date: 2024-10-31 13:48:18
Q2 2024 financials show revenue up 75%, driven by the GMAG iGaming platform with massive growth in wagers. R Kings Competitions grew 43% in Q2, reaching $9.6 million, attracting over 53,000 new players. Financially strong: EBITDA $5.4M in Q2, cash reserves at $40M, leverage ratio of 1.6.
Sentiment: Neutral
Publish Date: 2024-10-25 08:00:00
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.
Sentiment: Positive
Publish Date: 2024-10-24 06:56:00
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.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
Get instant AI-powered professional insights:
💡Generate AI Technical Analysis ReportUnderstand the chart below:
Interpret Technical Indicators
| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
Copyright © 2024 Sirius Investors
All rights reserved
