Golden Matrix Group, Inc. (GMGI) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Golden Matrix reported revenue of $182.9M, up 21.0% from $151.1M the year before. Net income was -$92.0M (a -50.3% net margin), or -$7.76 per diluted share. Gross margin was 56.6% and operating margin was -52.6%. Operating activities generated $25.4M of cash, leaving $19.2M of free cash flow. At fiscal year end, Golden Matrix held $118.1M in total assets against $69.7M in total liabilities.
Open the full interactive Golden Matrix financials → Quarterly statements, key ratios, valuation history and price charts.
Golden Matrix Key Stats
| Share Price | $11.25 |
|---|---|
| Market Cap | $143.5M |
| Dividend Yield | 0.10% |
| Revenue YoY Growth | +21.0% |
| 52-Week Range | $6.07 – $14.72 |
| Shares Outstanding | 12.7 million (basic, 2026 Q2) |
Golden Matrix Income Statement
| FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $452,771 | $3.0M | $36.0M | $44.2M | $151.1M | $182.9M |
| Cost of Goods Sold | -$21,998 | $2.0M | $26.9M | $34.3M | $62.5M | $79.4M |
| Gross Profit | $2.9M | $3.2M | $9.2M | $9.9M | $88.6M | $103.5M |
| Operating Income | $1.8M | $399,325 | $192,492 | -$526,247 | $2.7M | -$96.2M |
| Pre-Tax Income | $1.8M | $398,080 | $463,077 | -$489,444 | $1.2M | -$97.2M |
| Income Tax | — | — | $419,049 | $683,306 | $2.6M | -$5.2M |
| Net Income | $1.8M | $398,080 | -$250,038 | -$1.2M | -$1.5M | -$92.0M |
| Diluted EPS | — | $0.12 | -$0.12 | -$0.36 | -$0.12 | -$7.76 |
Golden Matrix Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $47.3M | $49.6M | $50.1M | $50.2M |
| Net Income | $566,014 | -$88.7M | $2.2M | $2.0M |
| Diluted EPS | — | -$7.66 | $0.18 | $0.17 |
Golden Matrix Balance Sheet
| FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.7M | $11.7M | $14.9M | — | — | — |
| Current Assets | $3.0M | $13.8M | $19.3M | $22.9M | $45.1M | $35.4M |
| Total Assets | $3.0M | $13.8M | $32.6M | $35.6M | $213.7M | $118.1M |
| Current Liabilities | $1.8M | $552,610 | $2.7M | $4.5M | $63.6M | $59.6M |
| Total Long-Term Debt | $1.2M | — | — | — | $31.2M | $17.2M |
| Total Liabilities | $2.0M | $552,610 | $2.8M | $4.5M | $104.8M | $69.7M |
| Shareholders' Equity | $1.0M | $13.3M | $29.8M | $31.1M | $105.1M | $46.5M |
Golden Matrix Cash Flow Statement
| FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.5M | $1.9M | $2.8M | $2.2M | $23.9M | $25.4M |
| Cash From Investing | — | $192 | -$4.4M | -$95,961 | -$37.4M | -$22.0M |
| Cash From Financing | -$167,420 | $8.0M | $32,000 | -$32,322 | $27.7M | -$19.4M |
| Free Cash Flow | — | — | — | $2.2M | $16.8M | $19.2M |
| Dividends Paid | — | — | — | — | $769,534 | $144,782 |
Figures from Golden Matrix's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Golden Matrix financials page for every line item.
Golden Matrix Company Profile
| Ticker | GMGI |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Las Vegas, Nevada |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001437925 |
Frequently Asked Questions
What was Golden Matrix's revenue in fiscal 2025?
Golden Matrix (GMGI) reported revenue of $182.9M for fiscal 2025.
What is Golden Matrix's annual revenue history?
Golden Matrix's annual revenue by fiscal year: 2019: $452,771; 2021: $3.0M; 2022: $36.0M; 2023: $44.2M; 2024: $151.1M; 2025: $182.9M.
What was Golden Matrix's net income in fiscal 2025?
Golden Matrix reported net income of -$92.0M for fiscal 2025.
What was Golden Matrix's earnings per share (EPS) in fiscal 2025?
Golden Matrix's diluted EPS was -$7.76 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Golden Matrix generate in fiscal 2025?
Golden Matrix generated $19.2M of free cash flow in fiscal 2025.
What was Golden Matrix's revenue last quarter?
In its most recent reported quarter (2026 Q2), Golden Matrix reported revenue of $50.2M.
How much debt does Golden Matrix have?
Golden Matrix reported $17.2M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Golden Matrix are outstanding?
Golden Matrix reported a weighted average of 12.7 million basic shares outstanding in 2026 Q2.
What is Golden Matrix's market cap?
Based on its latest closing price, Golden Matrix (GMGI) has a market capitalization of about $143.5M.
When does Golden Matrix's fiscal year end?
Golden Matrix's fiscal year end, as registered with the SEC, is December 31.
Where is Golden Matrix headquartered?
Golden Matrix lists its business address in Las Vegas, Nevada in its SEC filings.