Golden Matrix Group Inc (GMGI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Golden Matrix Group Inc (GMGI) has a cash flow conversion efficiency ratio of 0.102x as of January 2026. 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 ($5.16 Million) by net assets ($50.43 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Golden Matrix Group Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Golden Matrix Group Inc - Cash Flow Conversion Efficiency Trend (2009–2025)
This chart illustrates how Golden Matrix Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Daesang Holdings Co Ltd Pref
KO:084695
|
0.058x |
|
Gladiator Resources Ltd
AU:GLA
|
-0.806x |
|
NRB Industrial Bearings Limited
NSE:NIBL
|
-0.012x |
|
Reviva Pharmaceuticals Holdings Inc.
NASDAQ:RVPH
|
-2.844x |
|
Gulf & Pacific Equities Corp
V:GUF
|
0.012x |
|
Nagambie Resources Ltd
AU:NAG
|
-0.036x |
|
American Uranium Ltd
AU:AMU
|
-0.035x |
|
Slam Exploration Ltd.
V:SXL
|
0.035x |
Annual Cash Flow Conversion Efficiency for Golden Matrix Group Inc (2009–2025)
The table below shows the annual cash flow conversion efficiency of Golden Matrix Group Inc from 2009 to 2025. For the full company profile with market capitalisation and key ratios, see Golden Matrix Group Inc market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-10-31 | $48.34 Million | $25.36 Million | 0.525x | +138.98% |
| 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 | -- |
About 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.