What is Zacks Small Cap's Estimate for GMGI Q3 Earnings?

Key Points

• Golden Matrix Group, Inc. is expected to report a Q3 2025 EPS of (-0.01), with the full-year earnings consensus estimate at $0.03 per share, according to analysts at Zacks Small Cap.
• The stock increased by 3.8% recently, opening at $1.38, and has a current market capitalization of $192.48 million.
• Insider activity includes CEO Anthony Brian Goodman selling 50,000 shares and CFO Richard Christensen buying 30,000 shares, highlighting a mixed sentiment among company executives.

Golden Matrix Group, Inc. (NASDAQ:GMGI - Free Report) - Equities research analysts at Zacks Small Cap issued their Q3 2025 earnings estimates for shares of Golden Matrix Group in a research report issued to clients and investors on Wednesday, August 20th. Zacks Small Cap analyst M. Marin forecasts that the company will earn ($0.01) per share for the quarter. The consensus estimate for Golden Matrix Group's current full-year earnings is $0.03 per share. Zacks Small Cap also issued estimates for Golden Matrix Group's FY2025 earnings at ($0.01) EPS.

Golden Matrix Group (NASDAQ:GMGI - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported ($0.03) earnings per share for the quarter. Golden Matrix Group had a negative return on equity of 7.50% and a negative net margin of 5.41%.

Golden Matrix Group Stock Down 2.7%

GMGI stock traded down $0.04 during midday trading on Monday, hitting $1.26. The company's stock had a trading volume of 28,539 shares, compared to its average volume of 188,777. The firm has a market capitalization of $175.05 million, a P/E ratio of -15.69 and a beta of 0.34. The firm has a 50-day simple moving average of $1.57 and a 200-day simple moving average of $1.79. Golden Matrix Group has a 52-week low of $1.21 and a 52-week high of $3.06. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 0.09.

Insiders Place Their Bets

In other Golden Matrix Group news, CFO Richard Christensen acquired 25,000 shares of the company's stock in a transaction on Tuesday, August 26th. The shares were bought at an average cost of $1.30 per share, for a total transaction of $32,500.00. Following the completion of the purchase, the chief financial officer owned 75,000 shares in the company, valued at $97,500. This trade represents a 50.00% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Anthony Brian Goodman sold 50,000 shares of Golden Matrix Group stock in a transaction on Monday, July 28th. The shares were sold at an average price of $1.62, for a total transaction of $81,000.00. Following the completion of the transaction, the chief executive officer owned 8,654,079 shares in the company, valued at approximately $14,019,607.98. This represents a 0.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders purchased 60,000 shares of company stock valued at $81,000 and sold 260,000 shares valued at $440,300. 23.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Northern Trust Corp increased its stake in shares of Golden Matrix Group by 6.7% during the fourth quarter. Northern Trust Corp now owns 169,308 shares of the company's stock worth $335,000 after acquiring an additional 10,690 shares during the period. Marex Group plc acquired a new position in shares of Golden Matrix Group during the second quarter worth about $26,000. Nuveen LLC acquired a new position in shares of Golden Matrix Group during the first quarter worth about $52,000. Marshall Wace LLP acquired a new position in shares of Golden Matrix Group during the second quarter worth about $57,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Golden Matrix Group by 460.5% during the fourth quarter. JPMorgan Chase & Co. now owns 50,819 shares of the company's stock worth $101,000 after acquiring an additional 41,752 shares during the period. 2.74% of the stock is currently owned by institutional investors and hedge funds.

Golden Matrix Group Company Profile

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. 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.