Golden Matrix Group Stock Today

GMGI Stock  USD 1.84  0.01  0.54%   

Performance

Very Weak

 
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Odds Of Distress

Below Average

 
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Golden Matrix is trading at 1.84 as of the 17th of February 2025. This is a 0.54 percent decrease since the beginning of the trading day. The stock's open price was 1.85. Golden Matrix has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 18th of January 2025 and ending today, the 17th of February 2025. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
30th of October 2009
Category
Communication Services
Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada. Golden Matrix operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. The company has 129.24 M outstanding shares of which 1.52 M shares are currently shorted by private and institutional investors with about 11.6 trading days to cover. More on Golden Matrix Group

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Golden Stock Highlights

ChairmanAnthony Goodman
Thematic Ideas
(View all Themes)
Business ConcentrationMovies & Entertainment, Electronic Gaming & Multimedia, Communication Services, Nasdaq Benchmark Consumer, NASDAQ Composite, Video Games, Casinos, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.071.12
Sufficiently Down
Slightly volatile
Gross Profit Margin0.240.26
Significantly Down
Slightly volatile
Total Current Liabilities5.4 M5.2 M
Sufficiently Up
Slightly volatile
Total Assets43 M40.9 M
Sufficiently Up
Slightly volatile
Total Current Assets27.6 M26.3 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.9 M2.5 M
Way Down
Pretty Stable
Debt Levels
Golden Matrix can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Golden Matrix's financial leverage. It provides some insight into what part of Golden Matrix's total assets is financed by creditors.
Liquidity
Golden Matrix Group currently holds 59.09 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Golden Matrix Group has a current ratio of 5.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Golden Matrix's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

18.05 Million
Golden Matrix Group (GMGI) is traded on NASDAQ Exchange in USA. It is located in 3651 Lindell Road, Las Vegas, NV, United States, 89103 and employs 1,200 people. Golden Matrix is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 237.81 M. Golden Matrix Group conducts business under Entertainment sector and is part of Communication Services industry. The entity has 129.24 M outstanding shares of which 1.52 M shares are currently shorted by private and institutional investors with about 11.6 trading days to cover. Golden Matrix Group currently holds about 15.87 M in cash with 2.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.56.
Check Golden Matrix Probability Of Bankruptcy
Ownership Allocation
Golden Matrix Group has a total of 129.24 Million outstanding shares. Golden Matrix retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 85.27 (percent) of Golden Matrix outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Golden Ownership Details

Golden Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-12-31
40.6 K
Goldman Sachs Group Inc2024-09-30
29.3 K
Barclays Plc2024-09-30
29.2 K
Nuveen Asset Management, Llc2024-09-30
26.5 K
Cambridge Invest Research Advisors, Inc.2024-09-30
24.4 K
Kera Capital Partners, Inc.2024-12-31
20 K
Jpmorgan Chase & Co2024-09-30
18.1 K
Citigroup Inc2024-09-30
14.6 K
Steward Partners Investment Advisory, Llc2024-12-31
14 K
Blackrock Inc2024-09-30
1.2 M
Geode Capital Management, Llc2024-09-30
545.1 K
View Golden Matrix Diagnostics

Golden Matrix Historical Income Statement

As of now, Golden Matrix's Gross Profit is increasing as compared to previous years. The Golden Matrix's current Cost Of Revenue is estimated to increase to about 41.4 M, while Operating Income is forecasted to increase to (574.9 K). View More Fundamentals

Golden Stock Against Markets

When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
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Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Matrix. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Earnings Share
(0.02)
Revenue Per Share
2.391
Quarterly Revenue Growth
0.846
Return On Assets
0.0014
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.