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Upturn AI SWOT - About
GMGI 
Golden Matrix Group Inc (GMGI)
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Upturn Advisory Summary
10/15/2025: GMGI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $2.83
1 Year Target Price $2.83
| 0 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -52.58% | Avg. Invested days 24 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 135.46M USD | Price to earnings Ratio - | 1Y Target Price 2.83 |
Price to earnings Ratio - | 1Y Target Price 2.83 | ||
Volume (30-day avg) 1 | Beta 1.95 | 52 Weeks Range 0.91 - 3.06 | Updated Date 10/17/2025 |
52 Weeks Range 0.91 - 3.06 | Updated Date 10/17/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.08 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -5.41% | Operating Margin (TTM) -5.33% |
Management Effectiveness
Return on Assets (TTM) -1.09% | Return on Equity (TTM) -8.7% |
Valuation
Trailing PE - | Forward PE 128.21 | Enterprise Value 162484673 | Price to Sales(TTM) 0.78 |
Enterprise Value 162484673 | Price to Sales(TTM) 0.78 | ||
Enterprise Value to Revenue 0.94 | Enterprise Value to EBITDA 12.65 | Shares Outstanding 140325578 | Shares Floating 22077675 |
Shares Outstanding 140325578 | Shares Floating 22077675 | ||
Percent Insiders 84.23 | Percent Institutions 2.59 |
Upturn AI SWOT
Golden Matrix Group Inc
Company Overview
History and Background
Golden Matrix Group Inc. was founded in 2009. It initially focused on developing and licensing online gaming platforms. Over time, it has expanded its reach and service offerings, adapting to the evolving online gaming industry. Its history includes navigating regulatory changes and market competition to establish its presence.
Core Business Areas
- GMGI: Provides turnkey and white label gaming platforms for online casino operators in regulated markets. Offers a range of services including casino game aggregation, payment processing, and regulatory compliance support.
Leadership and Structure
The leadership team consists of experienced executives in the online gaming and technology sectors. The organizational structure is typical of a technology company, with departments focusing on product development, sales, marketing, and operations.
Top Products and Market Share
Key Offerings
- GM-X System: The GM-X System is a turnkey online gaming platform. This allows clients to launch their own online casinos rapidly. Specific market share data is difficult to ascertain due to the fragmented nature of the white-label platform market, but GMGI caters to emerging markets. Competitors include EveryMatrix, SoftSwiss and SOFTSWISS.
- Casino Games: Golden Matrix aggregates casino games from various providers to offer a diverse portfolio. Revenue generated from game aggregation contributes significantly to overall income. The online casino game industry is very competitive with many providers. Competitors in the game provision industry include IGT, Aristocrat and Microgaming.
Market Dynamics
Industry Overview
The online gaming industry is experiencing growth, driven by increasing internet penetration, mobile gaming adoption, and regulatory changes. The industry is competitive, with both established players and emerging startups vying for market share.
Positioning
Golden Matrix Group Inc. is positioned as a platform provider specializing in turnkey and white label solutions for operators in emerging markets. Their competitive advantage lies in offering customizable solutions and focusing on markets with less stringent regulatory environments.
Total Addressable Market (TAM)
The global online gambling market is projected to reach hundreds of billions USD by the end of this decade. Golden Matrix aims to capture a portion of this TAM by targeting specific geographies and niche markets.
Upturn SWOT Analysis
Strengths
- Turnkey solutions
- Focus on emerging markets
- Customizable platforms
- Experienced management team
Weaknesses
- Concentration of revenue from a small number of clients.
- Limited brand recognition compared to larger players.
- Sensitivity to regulatory changes.
- Reliance on third-party content providers
Opportunities
- Expansion into new geographic markets
- Strategic acquisitions
- Development of new gaming technologies.
- Increased regulation driving demand for compliant platforms
Threats
- Increasing competition.
- Changes in regulations
- Technological obsolescence
- Economic downturn affecting consumer spending
Competitors and Market Share
Key Competitors
- SOFTSWISS
- EveryMatrix
- Aspire Global
Competitive Landscape
Golden Matrix is smaller than key competitors. They compete on niche market focus and customizable solutions, but have limited brand recognition and financial resources compared to larger players.
Major Acquisitions
RKings Technology CO. LTD.
- Year: 2023
- Acquisition Price (USD millions): 18
- Strategic Rationale: The strategic rationale behind the acquisition of RKings is to expand GMGI's product offerings and market reach within the online gaming industry.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by expansion into new markets and increased adoption of their platform. Recent growth might include new acquisitions.
Future Projections: Future growth projections are dependent on market conditions and successful execution of their strategy. Analyst estimates data not available.
Recent Initiatives: Recent strategic initiatives may include new partnerships, product launches, or market expansions. No available information in provided dataset.
Summary
Golden Matrix Group focuses on white-label gaming solutions, particularly for emerging markets. They have experienced some growth through strategic acquisitions and target a lucrative and expanding sector. However, GMGI faces intense competition from larger, better-known entities, and must monitor changing regulations. Their revenue concentration and reliance on third parties pose risks that require careful management.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Market Research Data
Disclaimers:
The analysis provided is based on available data and is intended for informational purposes only. It should not be considered as financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Golden Matrix Group Inc
Exchange NASDAQ | Headquaters Las Vegas, NV, United States | ||
IPO Launch date 2009-10-30 | CEO, President, Secretary, Treasurer & Director Mr. Anthony Brian Goodman | ||
Sector Communication Services | Industry Electronic Gaming & Multimedia | Full time employees 1200 | Website https://goldenmatrix.com |
Full time employees 1200 | Website https://goldenmatrix.com | ||
Golden Matrix Group, Inc. operates as an B2B and B2C gaming technology company in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and casino, and gaming services. The company is based in Las Vegas, Nevada.
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