Golden Matrix Group, Inc. (GMGI)
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]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GMGI stock is "Strong Buy" and the 12-month stock price forecast is $4.0.
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...

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...

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

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...

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...

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...

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...

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. ...

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...

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...

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...

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...

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...

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...

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...

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...

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. ...

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. ...

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...

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...

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...

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...

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...

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...

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...