
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT
- About


Golden Matrix Group Inc (GMGI)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: GMGI (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $3.5
1 Year Target Price $3.5
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 ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 186.91M USD | Price to earnings Ratio - | 1Y Target Price 3.5 |
Price to earnings Ratio - | 1Y Target Price 3.5 | ||
Volume (30-day avg) 1 | Beta 1.95 | 52 Weeks Range 1.28 - 3.06 | Updated Date 08/15/2025 |
52 Weeks Range 1.28 - 3.06 | Updated Date 08/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.08 |
Earnings Date
Report Date 2025-08-07 | When Before Market | Estimate 0.0167 | Actual -0.03 |
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 133.33 | Enterprise Value 193630589 | Price to Sales(TTM) 1.08 |
Enterprise Value 193630589 | Price to Sales(TTM) 1.08 | ||
Enterprise Value to Revenue 1.12 | Enterprise Value to EBITDA 15.08 | Shares Outstanding 139483008 | Shares Floating 21813757 |
Shares Outstanding 139483008 | Shares Floating 21813757 | ||
Percent Insiders 84.35 | Percent Institutions 2.42 |
Upturn AI SWOT
Golden Matrix Group Inc

Company Overview
History and Background
Golden Matrix Group Inc. was founded in 2009. It is a developer and licensor of social gaming platforms, systems and content. Its business has focused on online casino operators.
Core Business Areas
- B2B Gaming Platforms: Development and licensing of online gaming platforms. Specifically focus on gaming products in the Asia Pacific region.
Leadership and Structure
The company is led by its CEO, Brian Goodman. The organizational structure is typical for a publicly traded company, with a board of directors overseeing management.
Top Products and Market Share
Key Offerings
- GM-X System: A white-label platform designed for casino operators and designed specifically for operators in the Asia Pacific region. Market share data isn't readily available as the sector is very competitive. Competitors include EveryMatrix and SOFTSWISS.
Market Dynamics
Industry Overview
The online gaming industry is experiencing significant growth, driven by increasing internet penetration and smartphone adoption. Regulatory environments vary across different jurisdictions.
Positioning
Golden Matrix Group Inc. is positioned as a B2B provider of gaming platforms. It focuses on smaller operators mainly in the Asia Pacific region.
Total Addressable Market (TAM)
The global online gambling market is estimated to reach hundreds of billions of dollars. Golden Matrix focuses on a niche within this large TAM.
Upturn SWOT Analysis
Strengths
- Niche focus in Asia Pacific markets
- Proprietary platform technology
Weaknesses
- Limited scale compared to larger competitors
- Dependence on a few key operators
- Smaller revenue compared to the competition
Opportunities
- Expansion into new geographic markets
- Development of new gaming products and services
- Partnerships with larger gaming operators
Threats
- Increasing competition in the online gaming industry
- Changes in gaming regulations
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- EVGN
- GAN
- SGMS
Competitive Landscape
Golden Matrix Group Inc. faces competition from larger, more established players in the online gaming industry. Its competitive advantages lie in its niche focus and proprietary technology. Its smaller size is a disadvatage
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been dependent on new customers and regulation shifts.
Future Projections: Future projections depend on expansion and market dynamics. Analyst reports would be needed.
Recent Initiatives: Recent initiatives would be found in press releases and investor reports.
Summary
Golden Matrix Group Inc. is a smaller company in a very competitive sector. The company's niche focus on Asia Pacific region is a strength. It must navigate a competitive market while adhering to a shifting regulatory environment. Overall, the company has upside and is relatively profitable, but the competitive environment will affect any long-term growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Market Research Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market conditions and company-specific factors can change rapidly, affecting the accuracy of the information. Do your own research before making any investment decisions.
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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.