Golden Matrix Group, Inc. (GMGI)
Market Cap | 257.41M |
Revenue (ttm) | 168.99M |
Net Income (ttm) | -5.70M |
Shares Out | 138.39M |
EPS (ttm) | -0.05 |
PE Ratio | n/a |
Forward PE | 82.67 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 258,839 |
Open | 1.790 |
Previous Close | 1.790 |
Day's Range | 1.760 - 1.885 |
52-Week Range | 1.330 - 6.270 |
Beta | 1.95 |
Analysts | Strong Buy |
Price Target | 4.00 (+115.05%) |
Earnings Date | May 8, 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

Golden Matrix Group Initiation: Strong Buy On Brazil Expansion And Raffle Growth
We initiate on Golden Matrix with a Strong Buy rating, driven by accelerating growth in Brazil and the hyper-growth Raffle segment, underappreciated by the market. Our implied valuation of USD$8 per s...

GMGI Insider Buying: Group CFO Picks Up 10,000 Shares
Las Vegas, Nevada--(Newsfile Corp. - May 30, 2025) - Golden Matrix Group Inc. (NASDAQ: GMGI), a global provider of iGaming and sportsbook technology, announced an insider purchase of 10,000 GMGI share...

Argus Research Reaffirms $200M 2025 Revenue Forecast for Golden Matrix (GMGI)
Las Vegas, Nevada--(Newsfile Corp. - May 23, 2025) - Argus Research has issued an updated equity research report about Golden Matrix Group Inc. (NASDAQ: GMGI), reiterating its fair value estimate for ...

A Quiet Green Revolution of Meridianbet (Golden Matrix Group): 80 Sustainability Projects in Q1 2025 Only
A Public Company's Grassroots Approach to Ecology and Sustainability A Public Company's Grassroots Approach to Ecology and Sustainability

Top 3 Tech And Telecom Stocks That May Rocket Higher This Month
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Expanse (GMGI) Completes Multiple U.S. Integrations and Launches New Flagship Slot
Las Vegas, Nevada--(Newsfile Corp. - May 16, 2025) - Expanse Studios, the proprietary B2B game development unit of Golden Matrix Group Inc. (NASDAQ: GMGI), has successfully completed multiple new inte...

Meridianbet (GMGI) Highlights 2024 Achievements Ahead of Full ESG Report Release
Valletta, Malta--(Newsfile Corp. - April 22, 2025) - Meridianbet, a leading global sports betting and iGaming operator, part of the Golden Matrix Group (NASDAQ: GMGI), is pleased to share key ESG mile...

Meridianbet (Golden Matrix) Highlights 2024 Achievements Ahead of Full ESG Report Release
VALLETTA, Malta, April 22, 2025 (GLOBE NEWSWIRE) -- Meridianbet, a leading global sports betting and iGaming operator, part of the Golden Matrix Group (NASDAQ: GMGI), is pleased to share key ESG miles...

Expanse Studios (GMGI) Enters Strategic Distribution Partnership with BetConstruct
Valletta, Malta--(Newsfile Corp. - April 11, 2025) - Expanse Studios, the iGaming division of Golden Matrix Group Inc. (NASDAQ: GMGI), has announced a strategic partnership with BetConstruct, one of t...

Meridianbet (GMGI) Launches "Watch & Bet" -- New In-Play Feature to Accelerate User Monetization and Core Revenue Growth
Valletta, Malta--(Newsfile Corp. - April 4, 2025) - Meridianbet, part of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced the launch of Watch & Bet, a new mobile feature that enables users to ...

Argus Research Initiates Equity Research Report Coverage on Golden Matrix Group, Inc. (NasdaqCM: GMGI)
NEW YORK , April 3, 2025 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Golden Matrix Group, Inc. (NasdaqCM: GMGI) Click Here ...

Expanse Studios (GMGI) Secures Brazilian iGaming Certification
Las Vegas, Nevada--(Newsfile Corp. - April 2, 2025) - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has received the game certification for the Brazilian market. Issued by ...

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...