Golden Matrix Group, Inc. Logo

Golden Matrix Group, Inc.

GMGI

(2.0)
Stock Price

1,94 USD

-6.74% ROA

-2.01% ROE

-54.46x PER

Market Cap.

277.322.340,00 USD

0.29% DER

0% Yield

-1% NPM

Golden Matrix Group, Inc. Stock Analysis

Golden Matrix Group, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Golden Matrix Group, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Revenue Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 PBV

The stock's PBV ratio (2.72x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (439), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

6 ROE

Negative ROE (-12.41%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (-16.61%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

Golden Matrix Group, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Golden Matrix Group, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Golden Matrix Group, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Golden Matrix Group, Inc. Revenue
Year Revenue Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 20.000 100%
2017 120.000 83.33%
2018 915.804 86.9%
2019 2.882.213 68.23%
2020 5.223.059 44.82%
2022 36.034.856 85.51%
2023 45.228.104 20.33%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Golden Matrix Group, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 47.558 100%
2022 23.092 -105.95%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Golden Matrix Group, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 10.000
2009 0 0%
2010 5.212.524 100%
2011 4.198.483 -24.15%
2012 185.868 -2158.85%
2013 159.104 -16.82%
2014 517.515 69.26%
2015 2.039.931 74.63%
2016 492.106 -314.53%
2017 69.834 -604.68%
2018 462.827 84.91%
2019 581.618 20.42%
2020 2.776.124 79.05%
2022 8.947.043 68.97%
2023 12.109.104 26.11%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Golden Matrix Group, Inc. EBITDA
Year EBITDA Growth
2008 -10.000
2009 -102.804 90.27%
2010 -5.461.816 98.12%
2011 -2.304.842 -136.97%
2012 -254.220 -806.63%
2013 -162.421 -56.52%
2014 -517.515 68.62%
2015 -2.039.931 74.63%
2016 -521.645 -291.06%
2017 -250.436 -108.29%
2018 -883.647 71.66%
2019 2.195.844 140.24%
2020 400.936 -447.68%
2022 609.117 34.18%
2023 -3.018.984 120.18%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Golden Matrix Group, Inc. Gross Profit
Year Gross Profit Growth
2008 0
2009 -20.402 100%
2010 -252.094 91.91%
2011 -83.743 -201.03%
2012 -3.317 -2424.66%
2013 0 0%
2014 0 0%
2015 0 0%
2016 20.000 100%
2017 70.000 71.43%
2018 843.801 91.7%
2019 2.860.215 70.5%
2020 3.223.007 11.26%
2022 9.162.627 64.82%
2023 8.540.708 -7.28%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Golden Matrix Group, Inc. Net Profit
Year Net Profit Growth
2008 -10.000
2009 -102.804 90.27%
2010 -5.467.420 98.12%
2011 -6.304.842 13.28%
2012 -298.289 -2013.67%
2013 -471.972 36.8%
2014 -1.380.491 65.81%
2015 -2.621.271 47.34%
2016 -10.006.245 73.8%
2017 1.801.080 655.57%
2018 -1.318.373 236.61%
2019 1.769.908 174.49%
2020 398.080 -344.61%
2022 44.028 -804.15%
2023 -3.862.512 101.14%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Golden Matrix Group, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 0
2009 -7.343 100%
2010 -364.495 97.99%
2011 -394.053 7.5%
2012 -17.546 -2145.82%
2013 -13.882 -26.4%
2014 -460.164 96.98%
2015 -374.467 -22.88%
2016 -6.766 -5435.36%
2017 5 135400%
2018 0 0%
2019 0 0%
2020 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Golden Matrix Group, Inc. Free Cashflow
Year Free Cashflow Growth
2008 0
2009 -107.086 100%
2010 -447.992 76.1%
2011 -250.388 -78.92%
2012 -231.842 -8%
2013 -256.805 9.72%
2014 -612.067 58.04%
2015 -2.010.636 69.56%
2016 1.296 155241.67%
2017 -15.129 108.57%
2018 302.716 105%
2019 1.451.934 79.15%
2020 1.878.043 22.69%
2022 2.613.057 28.13%
2023 321.498 -712.78%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Golden Matrix Group, Inc. Operating Cashflow
Year Operating Cashflow Growth
2008 0
2009 -107.086 100%
2010 -421.024 74.57%
2011 -250.388 -68.15%
2012 -224.869 -11.35%
2013 -256.805 12.44%
2014 -612.067 58.04%
2015 -2.010.636 69.56%
2016 1.296 155241.67%
2017 -15.129 108.57%
2018 302.716 105%
2019 1.451.934 79.15%
2020 1.878.043 22.69%
2022 2.771.418 32.24%
2023 321.507 -762.01%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Golden Matrix Group, Inc. Capital Expenditure
Year Capital Expenditure Growth
2008 0
2009 0 0%
2010 26.968 100%
2011 0 0%
2012 6.973 100%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2022 158.361 100%
2023 9 -1759466.67%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Golden Matrix Group, Inc. Equity
Year Equity Growth
2008 100.000
2009 482 -20646.89%
2010 -21.938 102.2%
2011 -82.162 73.3%
2012 -188.524 56.42%
2013 -253.071 25.51%
2014 -929.634 72.78%
2015 -2.823.267 67.07%
2016 -3.981.442 29.09%
2017 -1.536.147 -159.18%
2018 -1.341.303 -14.53%
2019 1.033.328 229.8%
2020 13.261.937 92.21%
2021 18.928.109 29.94%
2022 26.797.415 29.37%
2023 30.900.524 13.28%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Golden Matrix Group, Inc. Assets
Year Assets Growth
2008 120.000
2009 8.014 -1397.38%
2010 79.115 89.87%
2011 47.586 -66.26%
2012 102.609 53.62%
2013 86.694 -18.36%
2014 164.882 47.42%
2015 148.115 -11.32%
2016 12.296 -1104.58%
2017 87.667 85.97%
2018 819.874 89.31%
2019 3.005.050 72.72%
2020 13.814.547 78.25%
2021 20.458.948 32.48%
2022 32.571.413 37.19%
2023 34.989.870 6.91%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Golden Matrix Group, Inc. Liabilities
Year Liabilities Growth
2008 10.000
2009 7.532 -32.77%
2010 101.053 92.55%
2011 129.748 22.12%
2012 291.133 55.43%
2013 339.765 14.31%
2014 1.094.516 68.96%
2015 2.971.382 63.16%
2016 3.993.738 25.6%
2017 1.623.814 -145.95%
2018 2.161.177 24.86%
2019 1.971.722 -9.61%
2020 552.610 -256.8%
2021 1.530.839 63.9%
2022 2.774.932 44.83%
2023 4.089.346 32.14%

Golden Matrix Group, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.6
Net Income per Share
-0.04
Price to Earning Ratio
-54.46x
Price To Sales Ratio
12.83x
POCF Ratio
124.29
PFCF Ratio
424.99
Price to Book Ratio
2.64
EV to Sales
12.09
EV Over EBITDA
-235.87
EV to Operating CashFlow
397.68
EV to FreeCashFlow
400.39
Earnings Yield
-0.02
FreeCashFlow Yield
0
Market Cap
0,28 Bil.
Enterprise Value
0,26 Bil.
Graham Number
0.89
Graham NetNet
0.44

Income Statement Metrics

Net Income per Share
-0.04
Income Quality
-0.44
ROE
-0.05
Return On Assets
-0.01
Return On Capital Employed
0.01
Net Income per EBT
-0.68
EBT Per Ebit
1.37
Ebit per Revenue
0.01
Effective Tax Rate
1.67

Margins

Sales, General, & Administrative to Revenue
0.26
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.08
Gross Profit Margin
0.54
Operating Profit Margin
0.01
Pretax Profit Margin
0.01
Net Profit Margin
-0.01

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.02
Free CashFlow per Share
0.02
Capex to Operating CashFlow
0.01
Capex to Revenue
0
Capex to Depreciation
0.02
Return on Invested Capital
-0.05
Return on Tangible Assets
-0.07
Days Sales Outstanding
71.72
Days Payables Outstanding
50.65
Days of Inventory on Hand
31.89
Receivables Turnover
5.09
Payables Turnover
7.21
Inventory Turnover
11.45
Capex per Share
0

Balance Sheet

Cash per Share
0,45
Book Value per Share
0,86
Tangible Book Value per Share
0.5
Shareholders Equity per Share
0.86
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
14.49
Current Ratio
5.4
Tangible Asset Value
0,02 Bil.
Net Current Asset Value
0,02 Bil.
Invested Capital
30900524
Working Capital
0,02 Bil.
Intangibles to Total Assets
0.36
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
1692191.5
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Golden Matrix Group, Inc. Dividends
Year Dividends Growth

Golden Matrix Group, Inc. Profile

About Golden Matrix Group, Inc.

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.

CEO
Mr. Anthony Brian Goodman
Employee
1.200
Address
3651 Lindell Road
Las Vegas, 89103

Golden Matrix Group, Inc. Executives & BODs

Golden Matrix Group, Inc. Executives & BODs
# Name Age
1 Ms. Weiting Feng
Chief Operating Officer, Chief Financial Officer & Director
70
2 Mr. Henry Zhang
Chief Technology Officer
70
3 Mr. Brett Goodman
Senior Vice President
70
4 Mr. Zoran Milosevic
Chief Executive Officer of Meridianbet Group
70
5 Mr. Anthony Brian Goodman
Chief Executive Officer, President, Secretary, Treasurer & Director
70

Golden Matrix Group, Inc. Competitors