Golden Matrix Group, Inc. (GMGI)

Golden Matrix Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	151.12	92.99	74.93	60.37
Revenue Growth (YoY)	62.50%	24.11%	24.12%	-
Cost of Revenue	62.54	24.75	19.41	14.62
Gross Profit	88.57	68.24	55.52	45.75
Selling, General & Admin	79.45	52.59	25.23	19.98
Other Operating Expenses	-	-	13.8	11.16
Operating Expenses	85.83	54.48	39.54	31.45
Operating Income	2.74	13.76	15.97	14.3
Interest Expense	-3.52	-0.04	-0.04	-0.07
Interest & Investment Income	0.22	0.1	0.03	0.02
Currency Exchange Gain (Loss)	-0.49	0.07	0.07	-0.04
Other Non Operating Income (Expenses)	2.26	1.57	1.05	0.97
EBT Excluding Unusual Items	1.21	15.47	17.09	15.18
Other Unusual Items	-	-	-	-1.02
Pretax Income	1.21	15.47	17.09	14.16
Income Tax Expense	2.62	1.57	1.11	1.21
Earnings From Continuing Operations	-1.41	13.89	15.98	12.95
Minority Interest in Earnings	-0.07	-0.19	-0.19	-0.08
Net Income	-1.48	13.7	15.78	12.87
Net Income to Common	-1.48	13.7	15.78	12.87
Net Income Growth	-	-13.19%	22.65%	-
Shares Outstanding (Basic)	114	83	-	-
Shares Outstanding (Diluted)	114	83	-	-
Shares Change (YoY)	35.98%	-	-	-
EPS (Basic)	-0.01	0.16	-	-
EPS (Diluted)	-0.01	0.16	-	-
Free Cash Flow	16.75	17.95	16.34	13.28
Free Cash Flow Per Share	0.15	0.21	-	-
Gross Margin	58.61%	73.39%	74.09%	75.79%
Operating Margin	1.82%	14.80%	21.32%	23.69%
Profit Margin	-0.98%	14.74%	21.07%	21.32%
Free Cash Flow Margin	11.09%	19.30%	21.80%	22.00%
EBITDA	13.53	19.18	20.58	18.16
EBITDA Margin	8.96%	20.62%	27.46%	30.09%
D&A For EBITDA	10.79	5.42	4.6	3.86
EBIT	2.74	13.76	15.97	14.3
EBIT Margin	1.82%	14.80%	21.32%	23.69%
Effective Tax Rate	216.66%	10.16%	6.52%	8.58%

Updated Nov 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q