Golden Matrix Group (GMGI) Stock Price, News & Analysis

Company Overview

Golden Matrix Group Ltd (NASDAQ: GMGI) is a gaming technology company that develops and distributes interactive gaming solutions to regulated casino operators. Founded in the early 2000s as a provider of online and social gaming applications, the company transitioned its focus toward real‐money gaming in response to the expanding North American regulatory environment. Following its public listing on the NASDAQ, Golden Matrix Group has leveraged its technology base to create a proprietary gaming platform and a portfolio of server‐based gaming titles.

The company’s flagship product, the GMMG Platform, offers a suite of back‐office management tools and digital content delivery services designed to simplify regulatory compliance and enhance player engagement. Its software supports server‐based slot machines, video lottery terminals and online casino interfaces, allowing operators to deploy new titles rapidly across land‐based and digital channels. In addition to turnkey casino management solutions, Golden Matrix Group provides custom game development, analytics reporting and player loyalty systems tailored to individual operator requirements.

Golden Matrix Group has established a presence in key North American markets, including New Jersey, Pennsylvania, Michigan and West Virginia, where it supplies gaming content to both land‐based properties and online casino platforms. The company is also exploring expansion opportunities in Latin America and select European jurisdictions as regulators continue to liberalize online gaming frameworks. Strategic partnerships with established casino operators have enabled Golden Matrix Group to integrate its offerings within live casino environments and drive cross‐platform content distribution.

Under the leadership of Chief Executive Officer Steve R. Jacobs, Golden Matrix Group is committed to refining its technology architecture and broadening its content library. The management team is focused on enhancing platform scalability, fostering third‐party developer collaborations and securing new regulatory approvals. As the global market for regulated gaming grows, Golden Matrix Group aims to position itself as a versatile technology partner for operators seeking to modernize their gaming ecosystems.

Key Stats

• Today's Range: $1.71 to $1.79
• 50-Day Range: $1.37 to $1.99
• 52-Week Range: $1.33 to $3.10
• Volume: 68,512 shs
• Average Volume: 135,645 shs
• Market Capitalization: $238.37 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.00
• Consensus Rating: Buy

Golden Matrix Group Stock Analysis - MarketRank™

Golden Matrix Group scored higher than 79% of companies evaluated by MarketBeat, and ranked 87th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Golden Matrix Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Golden Matrix Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 166.67%

Earnings Growth

Earnings for Golden Matrix Group are expected to grow by 166.67% in the coming year, from $0.03 to $0.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Golden Matrix Group is -34.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Golden Matrix Group is -34.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Golden Matrix Group has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

11.11% of the float of Golden Matrix Group has been sold short.

Short Interest Ratio / Days to Cover

Golden Matrix Group has a short interest ratio ("days to cover") of 7.8.

Change versus previous month

Short interest in Golden Matrix Group has recently decreased by 23.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Golden Matrix Group does not currently pay a dividend.

Dividend Growth

Golden Matrix Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

11.11% of the float of Golden Matrix Group has been sold short.

Short Interest Ratio / Days to Cover

Golden Matrix Group has a short interest ratio ("days to cover") of 7.8.

Change versus previous month

Short interest in Golden Matrix Group has recently decreased by 23.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.34

News Sentiment

Golden Matrix Group has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Golden Matrix Group this week, compared to 2 articles on an average week.

Search Interest

1 people have searched for GMGI on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Golden Matrix Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Golden Matrix Group insiders have bought 374.94% more of their company's stock than they have sold. Specifically, they have bought $500,115.00 in company stock and sold $105,300.00 in company stock.

Percentage Held by Insiders

23.20% of the stock of Golden Matrix Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.74% of the stock of Golden Matrix Group is held by institutions.

GMGI Stock Analysis - Frequently Asked Questions

How have GMGI shares performed this year?

Golden Matrix Group's stock was trading at $1.98 at the start of the year. Since then, GMGI shares have decreased by 13.1% and is now trading at $1.72.

How were Golden Matrix Group's earnings last quarter?

Golden Matrix Group, Inc. (NASDAQ:GMGI) issued its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.03) earnings per share for the quarter. The firm earned $40.99 million during the quarter. Golden Matrix Group had a negative net margin of 3.37% and a negative trailing twelve-month return on equity of 4.15%.
Read the conference call transcript.

How do I buy shares of Golden Matrix Group?

Shares of GMGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Golden Matrix Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Golden Matrix Group investors own include Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 7/06/2025
• Next Earnings (Estimated): 8/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:GMGI
• CIK: 1437925
• Web: www.goldenmatrix.com
• Phone: (702) 318-7548
• Fax: N/A
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.00
• High Stock Price Target: $4.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +132.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 57.33
• P/E Growth: N/A
• Net Income: -$1.48 million
• Net Margins: -3.37%
• Pretax Margin: -2.14%
• Return on Equity: -4.15%
• Return on Assets: -2.05%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 0.74
• Quick Ratio: 0.66

Sales & Book Value

• Annual Sales: $151.12 million
• Price / Sales: 1.58
• Cash Flow: $0.09 per share
• Price / Cash Flow: 20.09
• Book Value: $0.85 per share
• Price / Book: 2.02

Miscellaneous

• Outstanding Shares: 138,590,000
• Free Float: 106,439,000
• Market Cap: $238.37 million
• Optionable: Optionable
• Beta: 0.35