Golden Matrix Group, Inc. financial data

Symbol
GMGI on Nasdaq
Industry
Services-Prepackaged Software
Location
3651 Lindell Road, Ste D131, Las Vegas, NV
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Source Gold Corp. (to 4/11/2016), Ibex Resources Corp. (to 9/22/2009)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 309 % -43.6%
Quick Ratio 17.3 % -48.1%
Debt-to-equity 21.3 % +69.5%
Return On Equity -1.32 % +45%
Return On Assets -1.41 % +42%
Operating Margin 0.18 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 121M shares +235%
Common Stock, Shares, Outstanding 121M shares +234%
Entity Public Float 38.6M USD -48.6%
Common Stock, Value, Issued 1.21K USD +235%
Weighted Average Number of Shares Outstanding, Basic 121M shares +44.5%
Weighted Average Number of Shares Outstanding, Diluted 128M shares +53.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 39.4M USD +74.6%
Cost of Revenue 6.62M USD +224%
Research and Development Expense 23.1K USD
General and Administrative Expense 8.73M USD +30.3%
Operating Income (Loss) 125K USD -96.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 541K USD -86.9%
Income Tax Expense (Benefit) 525K USD +25.5%
Net Income (Loss) Attributable to Parent 15.6K USD -99.6%
Earnings Per Share, Basic 0 USD/shares -100%
Earnings Per Share, Diluted 0 USD/shares -100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 15.8M USD -0.36%
Accounts Receivable, after Allowance for Credit Loss, Current 7.22M USD +84.1%
Inventory, Net 3.34M USD +119%
Other Assets, Current 2.46M USD
Assets, Current 26.9M USD +26.9%
Property, Plant and Equipment, Net 46.4K USD -35.9%
Operating Lease, Right-of-Use Asset 4.06M USD +4709%
Intangible Assets, Net (Excluding Goodwill) 2.15M USD -16.5%
Goodwill 10.4M USD 0%
Other Assets, Noncurrent 17.1K USD
Assets 79.9M USD +132%
Contract with Customer, Liability, Current 1.22M USD
Liabilities, Current 51.3M USD +1155%
Operating Lease, Liability, Noncurrent 2.28M USD
Other Liabilities, Noncurrent 132K USD
Liabilities 101M USD +2373%
Accumulated Other Comprehensive Income (Loss), Net of Tax -73.2K USD +64.4%
Retained Earnings (Accumulated Deficit) 62.6M USD
Stockholders' Equity Attributable to Parent 89.5M USD +190%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 90.4M USD +65.3%
Liabilities and Equity 79.9M USD +132%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 8.18K USD -98%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities -1.51K USD +97.5%
Common Stock, Shares Authorized 300M shares +20%
Common Stock, Shares, Issued 121M shares +234%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 193K USD -59.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 32.8M USD +106%
Interest Paid, Excluding Capitalized Interest, Operating Activities 600 USD -39.9%
Deferred Tax Assets, Valuation Allowance 1.11M USD -8.07%
Operating Lease, Liability 3.97M USD
Depreciation 827 USD -6.43%
Payments to Acquire Property, Plant, and Equipment 1.51K USD -21.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -286K USD -109%
Property, Plant and Equipment, Gross 120K USD +14.6%
Operating Lease, Liability, Current 1.69M USD +1812%
Lessee, Operating Lease, Liability, to be Paid, Year Two 956K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.75M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 766K USD
Deferred Tax Assets, Operating Loss Carryforwards 103K USD +5.69%
Preferred Stock, Shares Authorized 20M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 479K USD
Additional Paid in Capital 32.2M USD -43.9%
Amortization of Intangible Assets 1.91M USD +302%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 32.5K USD +66.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%