Golden Matrix Group, Inc. (GMGI)

NASDAQ: GMGI · IEX Real-Time Price · USD
2.56
-0.17 (-6.23%)
Mar 21, 2023, 4:30 PM EDT - Market closed
-6.23%
Market Cap 92.41M
Revenue (ttm) 37.94M
Net Income (ttm) -1.04M
Shares Out 36.10M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 33,032
Open 2.71
Previous Close 2.73
Day's Range 2.56 - 2.82
52-Week Range 1.89 - 7.84
Beta 2.33
Analysts Buy
Price Target 4.08 (+59.38%)
Earnings Date Mar 16, 2023

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 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 provid... [Read more]

Founded 2008
Employees 17
Stock Exchange NASDAQ
Ticker Symbol GMGI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for GMGI stock is "Buy." The 12-month stock price forecast is $4.08, which is an increase of 59.38% from the latest price.

Price Target
$4.08
(59.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Golden Matrix Reports First Quarter Financial Results With Record Revenues of $10.78 Million

LAS VEGAS, NV, March 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (NASDAQ:GMGI)(the “Company”, “Golden Matrix” or “GMGI”), a developer, licensor and global operator of onl...

5 days ago - GlobeNewsWire

GOLDEN MATRIX INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Golden Matrix Group, Inc. - GMGI

NEW ORLEANS , March 9, 2023 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

1 week ago - PRNewsWire

Golden Matrix Reports Record First Quarter Revenues Exceeding $10.5 Million

LAS VEGAS, NV, Feb. 23, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(“GMGI” or the “Company”), a developer, licensor and global operator of online gaming and eCom...

3 weeks ago - GlobeNewsWire

Golden Matrix Reports Fiscal 2022 Financial Results With Record Revenues of $36 Million

LAS VEGAS, NV, Jan. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(the “Company”, “Golden Matrix” or “GMGI”), developer, licensor and global operator of online ...

1 month ago - GlobeNewsWire

SHAREHOLDER ALERT: The M&A Class Action Firm Announces the Investigation of Golden Matrix Group, Inc. - GMGI

NEW YORK , Jan. 18, 2023 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm ra...

2 months ago - PRNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Golden Matrix Group, Inc. Merger

Wilmington, Delaware--(Newsfile Corp. - January 17, 2023) - Rigrodsky Law, P.A. is investigating Golden Matrix Group, Inc. ("Golden Matrix") (NASDAQ CM: GMGI) regarding possible breaches of fiduciary ...

2 months ago - Newsfile Corp

GMGI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Golden Matrix Group, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Golden Matrix Group, Inc. (NASDAQ: GMGI) and MeridianBet Group is fair to Golden Matr...

2 months ago - Business Wire

Golden Matrix Signs Agreement to Acquire MeridianBet Group

LAS VEGAS, NV, Jan. 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (NASDAQ: GMGI)(“GMGI” or “Golden Matrix”), developer, licensor and global operator of online gaming and eC...

2 months ago - GlobeNewsWire

Golden Matrix Enters Into an Exclusive Distribution Agreement With Elray Resources Inc.

LAS VEGAS, NV, Dec. 12, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today anno...

3 months ago - GlobeNewsWire

Golden Matrix Announces Greater Than $34 Million Preliminary Fiscal 2022 Annual Revenues Estimate

LAS VEGAS, NV, Nov. 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(“Golden Matrix”, “GMGI” or the “Company”), a developer and licensor of online gaming platform...

4 months ago - GlobeNewsWire

Correction and Update: Golden Matrix Exercises Option to Acquire Remaining Interest in RKings Competitions

This press release corrects, replaces and entirely supersedes a prior version published on November 4, 2022 LAS VEGAS, NV / ACCESSWIRE / November 9, 2022 / Golden Matrix Group Inc. (NASDAQ:GMGI)("GMGI...

4 months ago - Accesswire

Golden Matrix Acquires Remaining Interest in RKings Competitions

LAS VEGAS, NV, Nov. 04, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today anno...

4 months ago - GlobeNewsWire

Golden Matrix to Launch Online Casino in Mexico on November 1st

LAS VEGAS, NV, Oct. 24, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today annou...

5 months ago - GlobeNewsWire

Golden Matrix Reports Third Quarter Financial Results With Record Revenues of $9.1 Million and 16th Consecutive Quarter of Profitability

LAS VEGAS, NV, Sept. 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI) (“GMGI” or the “Company”), a developer and licensor of online gaming platforms, systems and ...

6 months ago - GlobeNewsWire

Golden Matrix Records Record Third Quarter Revenues Exceeding $9 Million

LAS VEGAS, NV, Aug. 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), a developer and licensor of gaming platforms, systems and gaming content, today announced it...

8 months ago - GlobeNewsWire

Golden Matrix Reports 2nd Quarter Financial Results with Revenues of $8,482,743 and 15th Consecutive Quarter of Profitability

LAS VEGAS, June 03, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Golden Matrix Group Inc. (NASDAQ:GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today reports f...

10 months ago - GlobeNewsWire

Golden Matrix Group Inc. (NASDAQ: GMGI) Capitalizing on Surging Demand in Online Gaming

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Golden Matrix Group Inc. (NASDAQ: GMGI) announces the availability of a broadcast titled, “Online Gaming — A Sure Bet.”

11 months ago - GlobeNewsWire

IBN (InvestorBrandNetwork) Coverage Initiated for Golden Matrix Group Inc.

LOS ANGELES, May 04, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Golden Matrix Group Inc. (NASDAQ: GMGI), an established gaming technology company that develops and owns online gaming IP and builds tu...

11 months ago - GlobeNewsWire

Golden Matrix Advances Global Market Presence with Rollout of Aggregate Gaming System

CEO Comments on Corporate Expansion

11 months ago - GlobeNewsWire

Golden Matrix Begins Trading Today on The Nasdaq Capital Market

LAS VEGAS, NV, March 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire - Golden Matrix Group, Inc. (NASDAQ:GMGI)(“Golden Matrix” or the “Company”), a developer and licensor of online gaming platforms, sys...

1 year ago - GlobeNewsWire

Golden Matrix Announces Uplisting to The Nasdaq Stock Market

LAS VEGAS, NV, March 16, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire -- Golden Matrix Group Inc. (OTCQX:GMGI), a developer and licensor of online gaming platforms, systems, gaming content and pay to en...

1 year ago - GlobeNewsWire

Golden Matrix Reports First Quarter Financial Results with Record Revenues of $8.88 Million and 14th Consecutive Quarter of Profitability

LAS VEGAS, NV, March 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (OTCQX:GMGI)(the “Company” or “GMGI”), a developer and licensor of online gaming platforms, systems and ga...

1 year ago - GlobeNewsWire

Golden Matrix Applies for Mexican Gaming License

LAS VEGAS, NV, March 04, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (OTCQX: GMGI), a developer and licenser of gaming platforms, systems and gaming content, today announced ...

1 year ago - GlobeNewsWire

Golden Matrix Reports First Quarter Revenues of Approximately $7.7 Million

LAS VEGAS, NV, Feb. 22, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (OTCQX: GMGI)(“GMGI” or the “Company”), a developer and licenser of gaming platforms, systems and gaming c...

1 year ago - GlobeNewsWire

Golden Matrix Reports Record Revenues In Excess Of $9.3M, Go-Forward Trajectory

The Golden Matrix Group Inc (OTC: GMGI), a developer and licensor of online gaming technologies and content, reported record revenues in excess of $9.3 million in the nine months ending Oct. 31, 2021....

1 year ago - Benzinga