Golden Matrix Group, Inc. Annual Amortization of Intangible Assets in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Golden Matrix Group, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • Golden Matrix Group, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $1.91M, a 302% increase year-over-year.
  • Golden Matrix Group, Inc. annual Amortization of Intangible Assets for 2023 was $440K, a 14.4% increase from 2022.
  • Golden Matrix Group, Inc. annual Amortization of Intangible Assets for 2022 was $385K, a 893% increase from 2021.
  • Golden Matrix Group, Inc. annual Amortization of Intangible Assets for 2021 was $38.7K.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $440K +$55.3K +14.4% Nov 1, 2022 Oct 31, 2023 10-K 2024-01-17
2022 $385K +$346K +893% Nov 1, 2021 Oct 31, 2022 10-K 2024-01-17
2021 $38.7K +$38.7K Nov 1, 2020 Oct 31, 2021 10-K 2023-01-30
2020 $0 Feb 1, 2020 Jan 31, 2021 10-K 2023-01-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.