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
NV
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 - Q3 2024 - Nov 12, 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 12.1 %
Return On Assets 14.6 %
Operating Margin 10.4 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 129M shares +257%
Common Stock, Shares, Outstanding 123M shares +239%
Entity Public Float 38.6M USD -48.6%
Common Stock, Value, Issued 1.23K USD +239%
Weighted Average Number of Shares Outstanding, Basic 122M shares +45.6%
Weighted Average Number of Shares Outstanding, Diluted 122M shares +45.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 41M USD +84.6%
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) -976K USD -130%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.43M USD -137%
Income Tax Expense (Benefit) 1.86M USD +489%
Net Income (Loss) Attributable to Parent -3.41M USD -198%
Earnings Per Share, Basic -0.03 USD/shares -175%
Earnings Per Share, Diluted -0.03 USD/shares -175%

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 8.5M USD +139%
Inventory, Net 4.41M USD +157%
Other Assets, Current 3.01M USD
Assets, Current 48.6M USD +120%
Property, Plant and Equipment, Net 46.4K USD -35.9%
Operating Lease, Right-of-Use Asset 4.04M USD +7027%
Intangible Assets, Net (Excluding Goodwill) 2.15M USD -16.5%
Goodwill 537K USD -94.8%
Other Assets, Noncurrent 16.5K USD
Assets 79.9M USD +132%
Contract with Customer, Liability, Current 1.22M USD
Liabilities, Current 69.4M USD +1449%
Operating Lease, Liability, Noncurrent 2.6M USD
Other Liabilities, Noncurrent 134K USD
Liabilities 115M USD +2465%
Accumulated Other Comprehensive Income (Loss), Net of Tax -73.2K USD +64.4%
Retained Earnings (Accumulated Deficit) 59.2M USD
Stockholders' Equity Attributable to Parent 94.3M USD +203%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 98.6M USD +75.4%
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 123M shares +239%
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 38.4M USD +135%
Interest Paid, Excluding Capitalized Interest, Operating Activities 600 USD -39.9%
Deferred Tax Assets, Valuation Allowance 1.11M USD -8.07%
Operating Lease, Liability 4.03M USD
Depreciation 827K USD
Payments to Acquire Property, Plant, and Equipment 1.51K USD -21.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.48M USD -173%
Property, Plant and Equipment, Gross 412K USD +243%
Operating Lease, Liability, Current 1.43M USD +2317%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.13M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.52M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 927K 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 609K USD
Additional Paid in Capital 38.4M USD -32.6%
Amortization of Intangible Assets 1.96M USD +315%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 790K USD +19416%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%