Golden Matrix Group, Inc. (GMGI)

Market Cap	293.64M
Revenue (ttm)	45.24M
Net Income (ttm)	-654,724
Shares Out	118.88M
EPS (ttm)	-0.01
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	233,535
Open	2.610
Previous Close	2.650
Day's Range	2.460 - 2.787
52-Week Range	2.000 - 6.270
Beta	2.43
Analysts	Strong Buy
Price Target	4.00 (+61.94%)
Earnings Date	Jul 9, 2024

About GMGI

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. 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...

• Industry: Electronic Gaming & Multimedia
• Sector: Communication Services
• Founded: 2008
• Employees: 30
• Stock Exchange: NASDAQ
• Ticker Symbol: GMGI

Financial Performance

In 2023, GMGI's revenue was $44.17 million, an increase of 22.59% compared to the previous year's $36.03 million. Losses were -$1.17 million, 369.0% more than in 2022.

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

(61.94% upside)

Analyst Consensus: Strong Buy