Brokers Set Expectations 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) - Stock analysts at Zacks Small Cap issued their Q3 2025 earnings per share (EPS) estimates for Golden Matrix Group in a research note issued on Wednesday, August 20th. Zacks Small Cap analyst M. Marin anticipates that the company will post earnings per share of ($0.01) 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 (EPS) 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 Performance

Shares of NASDAQ GMGI traded down $0.02 during midday trading on Monday, reaching $1.23. 299,311 shares of the company were exchanged, compared to its average volume of 296,710. The company has a current ratio of 0.61, a quick ratio of 0.54 and a debt-to-equity ratio of 0.09. Golden Matrix Group has a 1 year low of $1.18 and a 1 year high of $3.06. The stock has a fifty day simple moving average of $1.56 and a 200 day simple moving average of $1.78. The stock has a market cap of $171.56 million, a P/E ratio of -15.38 and a beta of 0.34.

Institutional Investors Weigh In On Golden Matrix Group

A number of hedge funds have recently added to or reduced their stakes in GMGI. JPMorgan Chase & Co. lifted its position in Golden Matrix Group by 460.5% in the fourth quarter. JPMorgan Chase & Co. now owns 50,819 shares of the company's stock valued at $101,000 after purchasing an additional 41,752 shares during the period. Geode Capital Management LLC lifted its position in Golden Matrix Group by 14.4% in the fourth quarter. Geode Capital Management LLC now owns 623,498 shares of the company's stock valued at $1,235,000 after purchasing an additional 78,427 shares during the period. Northern Trust Corp lifted its position in Golden Matrix Group by 6.7% in the fourth quarter. Northern Trust Corp now owns 169,308 shares of the company's stock valued at $335,000 after purchasing an additional 10,690 shares during the period. Squarepoint Ops LLC acquired a new stake in Golden Matrix Group in the fourth quarter valued at about $84,000. Finally, Nuveen LLC acquired a new stake in Golden Matrix Group in the first quarter valued at about $52,000. Institutional investors and hedge funds own 2.74% of the company's stock.

Insider Transactions at Golden Matrix Group

In related news, CFO Richard Christensen purchased 30,000 shares of the stock in a transaction that occurred on Monday, August 11th. The shares were purchased at an average price of $1.39 per share, with a total value of $41,700.00. Following the completion of the acquisition, the chief financial officer directly owned 40,000 shares in the company, valued at $55,600. This represents a 300.00% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Anthony Brian Goodman sold 50,000 shares of the firm's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $1.62, for a total value of $81,000.00. Following the transaction, the chief executive officer directly owned 8,654,079 shares in the company, valued at approximately $14,019,607.98. This represents a 0.57% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have purchased 60,000 shares of company stock worth $81,000 and have sold 260,000 shares worth $440,300. Company insiders own 23.20% of the company's stock.

About Golden Matrix Group

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.