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Upturn AI SWOT - About
GMGI 
Golden Matrix Group Inc (GMGI)
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Upturn Advisory Summary
04/01/2025: 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.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -77.66% | Avg. Invested days 23 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 264.95M USD | Price to earnings Ratio - | 1Y Target Price 4 |
Price to earnings Ratio - | 1Y Target Price 4 | ||
Volume (30-day avg) 177203 | Beta 1.95 | 52 Weeks Range 1.70 - 6.27 | Updated Date 03/30/2025 |
52 Weeks Range 1.70 - 6.27 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.02 |
Earnings Date
Report Date 2025-03-12 | When Before Market | Estimate - | Actual - |
Profitability
Profit Margin 16.92% | Operating Margin (TTM) -2.38% |
Management Effectiveness
Return on Assets (TTM) 0.14% | Return on Equity (TTM) -2.09% |
Valuation
Trailing PE - | Forward PE 33.11 | Enterprise Value 271745586 | Price to Sales(TTM) 1.74 |
Enterprise Value 271745586 | Price to Sales(TTM) 1.74 | ||
Enterprise Value to Revenue 1.8 | Enterprise Value to EBITDA 17.51 | Shares Outstanding 129243000 | Shares Floating 61360271 |
Shares Outstanding 129243000 | Shares Floating 61360271 | ||
Percent Insiders 85.7 | Percent Institutions 2.63 |
Analyst Ratings
Rating - | Target Price 4 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Golden Matrix Group Inc
Company Overview
History and Background
Golden Matrix Group Inc. (GMGI) was founded in 2009 and is based in Las Vegas, Nevada. The company primarily focuses on developing and licensing gaming platforms and content.
Core Business Areas
- B2B Gaming Platforms: Develops and licenses online gaming platforms with a focus on the Asia Pacific region.
- RMGS: Offers remote gaming server (RGS) technology. RGS helps in the development of games and connecting it with the gaming website.
Leadership and Structure
Brian Goodman is the CEO. The organizational structure involves departments for technology development, licensing, sales, and marketing.
Top Products and Market Share
Key Offerings
- GM-X System: The GM-X System is GMGI's core platform, providing comprehensive tools for casino operators. Competitors include EveryMatrix and SoftSwiss. Difficult to estimate Market share as they operate mainly within the Asia Pacific region.
- Aggregation Platform: This platform integrates games from various content providers. Competitors include Slotegrator and SOFTSWISS, and it is difficult to get specific market share data for this product.
Market Dynamics
Industry Overview
The online gaming industry is experiencing substantial growth, driven by increasing internet penetration and technological advancements. Regulations vary across different jurisdictions.
Positioning
Golden Matrix Group Inc. focuses on providing gaming platforms and content primarily to operators in the Asia Pacific region, carving a niche in this market.
Total Addressable Market (TAM)
The global online gambling market is projected to reach hundreds of billions USD. GMGI's specific TAM within its target region is smaller but still significant, and the company is positioned to capture a share of it by focusing on the Asian market.
Upturn SWOT Analysis
Strengths
- Strong focus on the Asia Pacific market
- Proprietary GM-X System platform
- Established relationships with regional operators
Weaknesses
- Limited brand recognition outside of Asia
- Reliance on regulatory approvals in specific jurisdictions
- Smaller scale compared to major industry players
Opportunities
- Expansion into new regulated markets
- Partnerships with larger gaming operators
- Development of innovative gaming content
Threats
- Increasing competition in the online gaming space
- Changes in regulatory environment
- Economic downturns affecting consumer spending
Competitors and Market Share
Key Competitors
- EVGN
- GAN
- SGMS
Competitive Landscape
GMGI faces competition from larger, more established players but differentiates itself through its regional focus and proprietary technology.
Major Acquisitions
Multistream Limited
- Year: 2021
- Acquisition Price (USD millions): 8
- Strategic Rationale: Expanded the company's software capabilities and market reach.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by expansion in the Asia Pacific market.
Future Projections: Analyst projections depend on GMGI's ability to secure new licenses and partnerships.
Recent Initiatives: Recent initiatives include new platform developments and regulatory compliance efforts.
Summary
Golden Matrix Group Inc. is a niche player in the online gaming market, focusing on the Asia Pacific region. The company's proprietary technology and regional relationships are strengths, but it faces challenges from larger competitors and regulatory uncertainties. Growth depends on successful expansion and partnerships. Access to real-time financial data would give a more accurate snapshot of the company's performance and current financial situation.
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Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
Disclaimers:
This analysis is based on available information and is not financial advice. Market share data is estimated.
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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