Golden Matrix Group, Inc. (GMGI)
Automate Your Wheel Strategy on GMGI
With Tiblio's Option Bot, you can configure your own wheel strategy including GMGI - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.
Start Your Free Trial NowKey Metrics & Ratings
- symbol GMGI
- Rev/Share 1.0236
- Book/Share 0.8114
- PB 2.3979
- Debt/Equity 0.4182
- CurrentRatio 0.8167
- ROIC -0.0055
- MktCap 257407260.0
- FreeCF/Share -0.0183
- PFCF -115.5051
- PE -182.5155
- Debt/Assets 0.1846
- DivYield 0
- ROE -0.0172
- Rating C+
- Score 2
- Recommendation Sell
- P/E Score 1
- DCF Score 5
- P/B Score 3
- D/E Score 2
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Initiation | GMGI | Maxim Group | -- | Buy | -- | $4 | Feb. 21, 2025 |
News
Meridianbet Seals Sponsorship Deal with Aquatic Sports Association of Malta (ASA)
Published: June 04, 2025 by: GlobeNewsWire
Sentiment: Neutral
Two-year agreement expands Meridianbet and Golden Matrix's (GMGI) sports sponsorship portfolio across regulated European markets Two-year agreement expands Meridianbet and Golden Matrix's (GMGI) sports sponsorship portfolio across regulated European markets
Read More
Golden Matrix Group Initiation: Strong Buy On Brazil Expansion And Raffle Growth
Published: May 30, 2025 by: Seeking Alpha
Sentiment: Positive
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 share is based on a 4x forward EV/Sales multiple on our FY26E revenue estimate, suggests 362% upside. We estimate FY25E revenue of $205mn and FY26E revenue of $260mn, significantly above consensus.
Read More
GMGI Insider Buying: Group CFO Picks Up 10,000 Shares
Published: May 30, 2025 by: Newsfile Corp
Sentiment: Neutral
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 shares at $1.36 per share, as disclosed in a recent SEC Form 4 filing dated May 27, 2025. To view the full announcement, including downloadable images, bios, and more, click here.
Read More
Argus Research Reaffirms $200M 2025 Revenue Forecast for Golden Matrix (GMGI)
Published: May 23, 2025 by: Newsfile Corp
Sentiment: Neutral
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 GMGI shares. The report highlights significant upside potential relative to current trading levels and forecasts continued revenue growth and operational expansion across key global markets.
Read More
A Quiet Green Revolution of Meridianbet (Golden Matrix Group): 80 Sustainability Projects in Q1 2025 Only
Published: May 22, 2025 by: GlobeNewsWire
Sentiment: Neutral
A Public Company's Grassroots Approach to Ecology and Sustainability A Public Company's Grassroots Approach to Ecology and Sustainability
Read More
Expanse (GMGI) Completes Multiple U.S. Integrations and Launches New Flagship Slot
Published: May 16, 2025 by: Newsfile Corp
Sentiment: Neutral
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 integrations across U.S.-focused social and sweepstakes casino platforms, alongside the official release of its newest flagship title, Gates of Olympia. To view the full announcement, including downloadable images, bios, and more, click here.
Read More
Meridianbet (GMGI) Highlights 2024 Achievements Ahead of Full ESG Report Release
Published: April 22, 2025 by: Newsfile Corp
Sentiment: Neutral
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 milestones from 2024, offering a preview of the year marked by high-impact community engagement, technology-driven operations, and disciplined resource use. The full ESG report is set for release in the coming weeks.
Read More
Meridianbet (Golden Matrix) Highlights 2024 Achievements Ahead of Full ESG Report Release
Published: April 22, 2025 by: GlobeNewsWire
Sentiment: Neutral
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 milestones from 2024, offering a preview of the year marked by high-impact community engagement, technology-driven operations, and disciplined resource use. The full ESG report is set for release in the coming weeks.
Read More
Expanse Studios (GMGI) Enters Strategic Distribution Partnership with BetConstruct
Published: April 11, 2025 by: Newsfile Corp
Sentiment: Neutral
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 the globally leading iGaming aggregators and technology providers. To view the full announcement, including downloadable images, bios, and more, click here.
Read More
Meridianbet (GMGI) Launches "Watch & Bet" -- New In-Play Feature to Accelerate User Monetization and Core Revenue Growth
Published: April 04, 2025 by: Newsfile Corp
Sentiment: Neutral
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 stream live sports in full-screen mode while placing in-play bets simultaneously. The feature is built to increase in-play betting volume, extend session duration, and drive higher revenue per active user, directly supporting growth in turnover, user value, and margin.
Read More
Argus Research Initiates Equity Research Report Coverage on Golden Matrix Group, Inc. (NasdaqCM: GMGI)
Published: April 03, 2025 by: PRNewsWire
Sentiment: Neutral
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 to view the full Argus Equity Research Report. COMPANY HIGHLIGHTS: Excerpts (as conveyed by Argus Analyst Steve Silver) include: GMGI: Growing Player in Global Gaming and Betting Markets Expanding Footprint: Golden Matrix Group provides a broad and growing array of software solutions, products, and services to the gaming industry, offering casino, sportsbook, and other competition products under B2B and B2C models.
Read More
Expanse Studios (GMGI) Secures Brazilian iGaming Certification
Published: April 02, 2025 by: Newsfile Corp
Sentiment: Neutral
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 Gaming Laboratories International (GLI).
Read More
Expanse (GMGI) Strengthens European Presence with Slotino Integration
Published: March 17, 2025 by: Newsfile Corp
Sentiment: Neutral
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 Slotino, one of Bulgaria's leading online casino operators. Facilitated by Dench eGaming Solutions, this integration strengthens Expanse Studios' presence in Europe's fast-growing iGaming sector, following its successful entry into the U.S. social casino and sweepstakes market.
Read More
Expanse (GMGI) Completes 5th U.S. Sweepstakes Integration, Now Live with Yotta
Published: February 28, 2025 by: Newsfile Corp
Sentiment: Neutral
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. sweepstakes casino integration for the company. Yotta operates in 46 US states and has built a strong player base of over 900,000 users.
Read More
Expanse Studios (GMGI) Completes 4th U.S. Sweepstakes Integration
Published: February 25, 2025 by: Newsfile Corp
Sentiment: Neutral
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. sweepstakes market, further solidifying its presence across 40+ states. The latest partnership has been facilitated through Casimba Gaming and extended Expanse Studios' third-party distribution strategy, allowing its proprietary slots, crash games, and table games to reach an even broader network of regulated sweepstakes operators.
Read More
Meridianbet Reports Over $9 Million in January 2025 Revenue, Achieving 24% YoY Growth
Published: February 11, 2025 by: GlobeNewsWire
Sentiment: Neutral
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 markets worldwide, today announced record-breaking revenue for January 2025, exceeding $9 million, marking the strongest month in the company's history and beating the January 2024 revenue by 24%. Important note: Meridianbet's reported financial results for January 2025 do not represent the consolidated financials of Golden Matrix Group, Inc. (GMGI).
Read More
Golden Matrix (GMGI) Ready for Super Bowl LIX with 900+ AI-Powered Lines & Prop Bets
Published: February 09, 2025 by: Newsfile Corp
Sentiment: Neutral
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 out a record-breaking 880+ unique betting options for the biggest sporting event in the U.S. Meridianbet, part of the GMGI, is also bringing innovation to Super Bowl LVIII with its AI Sports Betting Recommender, an advanced feature that personalizes betting experiences by analyzing player behavior, past wagers, and real-time trends to suggest the most relevant betting options.
Read More
Meridianbet Ready for Super Bowl LIX Record with with 900+ AI-Powered Lines & Prop Bets
Published: February 09, 2025 by: GlobeNewsWire
Sentiment: Neutral
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 moneyline favorites Exclusive betting options include Scorigami, first coach to call a challenge, longest pass completion, jersey number props, and much more Meridianbet's Empty Bet feature allows users to wager on custom bets, offering unparalleled flexibility Extensive NCAA March Madness coverage—with more than 500 betting options per game—providing unmatched variety LAS VEGAS and VALLETTA, Malta, Feb. 09, 2025 (GLOBE NEWSWIRE) -- The Super Bowl LVIII is just hours away and Meridianbet, part …
Read More
About Golden Matrix Group, Inc. (GMGI)
- IPO Date 2009-10-30
- Website https://www.goldenmatrix.com
- Industry Electronic Gaming & Multimedia
- CEO Mr. Anthony Brian Goodman
- Employees 1200