Golden Matrix Group Inc
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.
Golden Matrix Group Inc (GMGI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of July 2025: 0.055x
Based on the latest financial reports, Golden Matrix Group Inc (GMGI) has a cash flow conversion efficiency ratio of 0.055x as of July 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($7.03 Million) by net assets ($127.10 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Matrix Group Inc - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Golden Matrix Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Golden Matrix Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Matrix Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BNCCorp Inc
OTCQX:BNCC
|
0.027x |
|
DELTA PLUS GRP INH.EO-50
F:7E1
|
N/A |
|
Dmc Global Inc
NASDAQ:BOOM
|
0.035x |
|
Yummies Inc
PINK:YUMM
|
0.327x |
|
Doro AB (publ)
F:DR8A
|
-0.035x |
|
WonderFi Technologies Inc
OTCQB:WONDF
|
-0.105x |
|
William Penn Bancorp Inc
NASDAQ:WMPN
|
-0.010x |
|
Cambi ASA
OL:CAMBI
|
0.139x |
Annual Cash Flow Conversion Efficiency for Golden Matrix Group Inc (2009–2024)
The table below shows the annual cash flow conversion efficiency of Golden Matrix Group Inc from 2009 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-10-31 | $108.95 Million | $23.92 Million | 0.220x | +209.45% |
| 2023-10-31 | $31.10 Million | $2.21 Million | 0.071x | -23.73% |
| 2022-10-31 | $29.80 Million | $2.77 Million | 0.093x | -91.68% |
| 2021-10-31 | $18.93 Million | $21.16 Million | 1.118x | +689.43% |
| 2020-10-31 | $13.26 Million | $1.88 Million | 0.142x | -89.92% |
| 2019-10-31 | $1.03 Million | $1.45 Million | 1.405x | +722.59% |
| 2018-10-31 | $-1.34 Million | $302.72K | -0.226x | -2391.56% |
| 2017-10-31 | $-1.54 Million | $-15.13K | 0.010x | +3125.61% |
| 2016-10-31 | $-3.98 Million | $1.30K | 0.000x | -100.05% |
| 2015-10-31 | $-2.82 Million | $-2.01 Million | 0.712x | +8.17% |
| 2014-10-31 | $-929.63K | $-612.07K | 0.658x | -35.12% |
| 2013-10-31 | $-253.07K | $-256.81K | 1.015x | -14.93% |
| 2012-10-31 | $-188.52K | $-224.87K | 1.193x | -60.86% |
| 2011-10-31 | $-82.16K | $-250.39K | 3.047x | -84.12% |
| 2010-10-31 | $-21.94K | $-421.02K | 19.192x | +181.85% |
| 2009-10-31 | $4.57K | $-107.09K | -23.448x | -- |