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 net asset quality index of Golden Matrix Group Inc to measure how much of total assets are equity-financed.
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. Check GMGI cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Slam Exploration Ltd.
V:SXL
|
-0.046x |
|
Gladiator Resources Ltd
AU:GLA
|
-0.806x |
|
Vigor Kobo Co Ltd
TWO:2733
|
-0.016x |
|
Plurilock Security Inc
V:PLUR
|
0.390x |
|
M3-Brigade Acquisition V Corp. Warrant
NASDAQ:MBAVW
|
N/A |
|
Chuan Huat Resources Bhd
KLSE:7016
|
-0.039x |
|
Checkin.com Group AB
ST:CHECK
|
0.119x |
|
AcouSort AB
ST:ACOU
|
-0.260x |
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.