Golden Matrix Group, Inc. (GMGI)

NASDAQ: GMGI · Real-Time Price · USD
2.100
-0.050 (-2.33%)
At close: Mar 27, 2025, 4:00 PM
2.138
+0.038 (1.82%)
After-hours: Mar 27, 2025, 5:35 PM EST
-2.33%
Market Cap 277.38M
Revenue (ttm) 151.12M
Net Income (ttm) -1.48M
Shares Out 132.09M
EPS (ttm) -0.01
PE Ratio n/a
Forward PE 60.00
Dividend n/a
Ex-Dividend Date n/a
Volume 62,681
Open 2.130
Previous Close 2.150
Day's Range 2.060 - 2.149
52-Week Range 1.700 - 6.270
Beta 1.95
Analysts Strong Buy
Price Target 4.00 (+90.48%)
Earnings Date Mar 24, 2025

About GMGI

Golden Matrix Group, Inc. operates as an B2B and B2C gaming technology company in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and casino, and gaming services. The company is based in Las Vegas, Nevada. [Read more]

Founded 2008
Employees 31
Stock Exchange NASDAQ
Ticker Symbol GMGI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for GMGI stock is "Strong Buy" and the 12-month stock price forecast is $4.0.

Price Target
$4.0
(90.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Expanse (GMGI) Strengthens European Presence with Slotino Integration

Las Vegas, Nevada--(Newsfile Corp. - March 17, 2025) - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), continues its international expansion with a new partnership with Sloti...

10 days ago - Newsfile Corp

Meridianbet (GMGI) Expands B2B Operations into Nigeria, Entering a Regulated $2 Billion Betting Market

Lagos, Valetta--(Newsfile Corp. - March 13, 2025) - Meridianbet, a subsidiary of Golden Matrix Group, Inc. (NASDAQ: GMGI), has officially launched its B2B operations in Nigeria, one of the largest and...

14 days ago - Newsfile Corp

Meridianbet Expands B2B Operations into Nigeria, Entering a Regulated $2 Billion Betting Market

Meridianbet, part of Golden Matrix (NASDAQ: GMGI), expands B2B operations into Nigeria with a licensed launch, tapping into a $2B market and driving growth

14 days ago - GlobeNewsWire

Expanse (GMGI) Submits Application for iGaming License in Romania

Valletta, Malta--(Newsfile Corp. - March 11, 2025) - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), continues its strategic expansion by applying for a Class 2 iGaming licen...

16 days ago - Newsfile Corp

Meridianbet (GMGI) Executes 258 CSR Actions in 2024, Launches Global Book Donation Campaign to Support Culture and Education

Valletta, Malta--(Newsfile Corp. - March 7, 2025) - Meridianbet, part of the Golden Matrix Group (NASDAQ: GMGI), executed 258 Corporate Social Responsibility (CSR) initiatives across Europe, Africa, a...

20 days ago - Newsfile Corp

Institutional Confidence in Golden Matrix Group (GMGI) Soars in Q4 2024

Las Vegas, Nevada--(Newsfile Corp. - March 3, 2025) - Publicly disclosed data shows a significant increase in institutional ownership of Golden Matrix Group, Inc. (NASDAQ: GMGI) in Q4 2024 compared to...

24 days ago - Newsfile Corp

Expanse (GMGI) Completes 5th U.S. Sweepstakes Integration

Las Vegas, Nevada--(Newsfile Corp. - February 28, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), has officially launched its gaming on the fifth U.S. sweepstakes casino, fur...

27 days ago - Newsfile Corp

Expanse (GMGI) Completes 5th U.S. Sweepstakes Integration, Now Live with Yotta

Las Vegas, Nevada--(Newsfile Corp. - February 28, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), has officially launched its gaming content on Yotta, marking the fifth U.S. ...

27 days ago - Newsfile Corp

Expanse Studios (GMGI) Completes 4th U.S. Sweepstakes Integration

Las Vegas, Nevada--(Newsfile Corp. - February 25, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), has successfully completed its fourth major integration in the U.S. sweepsta...

4 weeks ago - Newsfile Corp

Expanse (GMGI) Launches Game #55, Adds to U.S. Social Casino-Compatible Offer

Las Vegas, Nevada--(Newsfile Corp. - February 14, 2025) - The U.S. sweepstakes and social casino market is evolving rapidly, and Expanse Studios--part of Golden Matrix Group Inc. (NASDAQ: GMGI)--conti...

5 weeks ago - Newsfile Corp

Meridianbet Reports Over $9 Million in January 2025 Revenue, Achieving 24% YoY Growth

VALETTA, Malta, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Meridianbet, part of the Golden Matrix Group, Inc. (NASDAQ: GMGI), a leading provider of innovative betting, gaming and technology solutions across 19...

6 weeks ago - GlobeNewsWire

Golden Matrix (GMGI) Ready for Super Bowl LIX with 900+ AI-Powered Lines & Prop Bets

Las Vegas, Valetta--(Newsfile Corp. - February 9, 2025) - The Super Bowl LVIII is just hours away. Meridianbet, part of Golden Matrix Group (NASDAQ: GMGI), is setting new industry standards, rolling o...

6 weeks ago - Newsfile Corp

Meridianbet Ready for Super Bowl LIX Record with with 900+ AI-Powered Lines & Prop Bets

Over 880 unique betting options now available, surpassing last year's record-breaking offer Philadelphia Eagles hold a 1.5-point spread advantage over the Kansas City Chiefs, with Eagles as -120 money...

6 weeks ago - GlobeNewsWire

Golden Matrix (GMGI) Integrates with Second U.S. Sweepstakes Operator

Las Vegas, Nevada--(Newsfile Corp. - February 7, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), continues to expand its presence in the U.S. sweepstakes market, successfully...

6 weeks ago - Newsfile Corp

Meridianbet Listed on Oracle's Global Tech Reference Page

VALLETTA, Malta, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Meridianbet, the sports betting and iGaming division of Golden Matrix Group (NASDAQ: GMGI) has been featured on Oracle's Global Reference Page—a dedi...

6 weeks ago - GlobeNewsWire

Meridianbet (GMGI) Listed on Oracle's Global Tech Reference Page

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 Refere...

6 weeks ago - Newsfile Corp

GMGI's Expanse Doubles U.S. Sweepstakes Game Lineup

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. ...

2 months ago - Newsfile Corp

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

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. ...

3 months ago - Newsfile Corp

Golden Matrix Group Resumes Stock Repurchase Program

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 conten...

3 months ago - GlobeNewsWire

Golden Matrix Group to Participate in the 2025 ICR Conference

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 conten...

3 months ago - GlobeNewsWire

Golden Matrix Group Inc. Files for Ontario Gaming License

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 an...

3 months ago - GlobeNewsWire

A Closer Look Into Golden Matrix Group's (GMGI) Sweepstakes Business Segments: Adding to Meridianbet's Success

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 s...

3 months ago - Newsfile Corp

Golden Matrix Group Issues CEO Update on Strategic Progress and Key Developments

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 eComm...

3 months ago - GlobeNewsWire

Golden Matrix Group (GMGI) Balances 85% Insider Ownership with Growing Institutional Backing Following Meridianbet Acquisition

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 Meri...

4 months ago - Newsfile Corp

Meridianbet (GMGI) and Crvena Zvezda Seal Euroleague's First Logo Integration Deal

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...

4 months ago - Newsfile Corp