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) - Net Assets
Latest net assets as of July 2025: $127.10 Million USD
Based on the latest financial reports, Golden Matrix Group Inc (GMGI) has net assets worth $127.10 Million USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($209.78 Million) and total liabilities ($82.68 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $127.10 Million |
| % of Total Assets | 60.59% |
| Annual Growth Rate | 67.4% |
| 5-Year Change | 721.53% |
| 10-Year Change | N/A |
| Growth Volatility | 493.25 |
Golden Matrix Group Inc - Net Assets Trend (2008–2024)
This chart illustrates how Golden Matrix Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Golden Matrix Group Inc (2008–2024)
The table below shows the annual net assets of Golden Matrix Group Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | $108.95 Million | +250.29% |
| 2023-10-31 | $31.10 Million | +4.39% |
| 2022-10-31 | $29.80 Million | +57.42% |
| 2021-10-31 | $18.93 Million | +42.73% |
| 2020-10-31 | $13.26 Million | +1183.42% |
| 2019-10-31 | $1.03 Million | +177.04% |
| 2018-10-31 | $-1.34 Million | +12.68% |
| 2017-10-31 | $-1.54 Million | +61.42% |
| 2016-10-31 | $-3.98 Million | -41.02% |
| 2015-10-31 | $-2.82 Million | -203.70% |
| 2014-10-31 | $-929.63K | -267.34% |
| 2013-10-31 | $-253.07K | -34.24% |
| 2012-10-31 | $-188.52K | -129.45% |
| 2011-10-31 | $-82.16K | -274.52% |
| 2010-10-31 | $-21.94K | -580.36% |
| 2009-10-31 | $4.57K | -84.07% |
| 2008-10-31 | $28.66K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Matrix Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5713100100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $57.05 Million | 54.29% |
| Common Stock | $1.29K | 0.00% |
| Other Comprehensive Income | $-8.09 Million | -7.70% |
| Other Components | $56.11 Million | 53.41% |
| Total Equity | $105.07 Million | 100.00% |
Golden Matrix Group Inc Competitors by Market Cap
The table below lists competitors of Golden Matrix Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BNCCorp Inc
OTCQX:BNCC
|
$90.37 Million |
|
DELTA PLUS GRP INH.EO-50
F:7E1
|
$90.38 Million |
|
Dmc Global Inc
NASDAQ:BOOM
|
$90.42 Million |
|
Yummies Inc
PINK:YUMM
|
$90.44 Million |
|
Doro AB (publ)
F:DR8A
|
$90.34 Million |
|
WonderFi Technologies Inc
OTCQB:WONDF
|
$90.31 Million |
|
William Penn Bancorp Inc
NASDAQ:WMPN
|
$90.31 Million |
|
Cambi ASA
OL:CAMBI
|
$90.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Matrix Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,103,394 to 105,072,994, a change of 73,969,600 (237.8%).
- Net loss of 1,480,249 reduced equity.
- Dividend payments of 769,534 reduced retained earnings.
- Share repurchases of 123,101 reduced equity.
- Other comprehensive income decreased equity by 8,016,695.
- Other factors increased equity by 84,359,179.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.48 Million | -1.41% |
| Dividends Paid | $769.53K | -0.73% |
| Share Repurchases | $123.10K | -0.12% |
| Other Comprehensive Income | $-8.02 Million | -7.63% |
| Other Changes | $84.36 Million | +80.29% |
| Total Change | $- | 237.82% |
Book Value vs Market Value Analysis
This analysis compares Golden Matrix Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.70x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8809.21x to 9.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-10-31 | $0.00 | $8.98 | x |
| 2009-10-31 | $326.21 | $8.98 | x |
| 2010-10-31 | $-1462.53 | $8.98 | x |
| 2011-10-31 | $-5135.13 | $8.98 | x |
| 2012-10-31 | $-11089.65 | $8.98 | x |
| 2013-10-31 | $-7443.26 | $8.98 | x |
| 2014-10-31 | $0.00 | $8.98 | x |
| 2015-10-31 | $-56465340.00 | $8.98 | x |
| 2016-10-31 | $-2690.69 | $8.98 | x |
| 2017-10-31 | $-0.13 | $8.98 | x |
| 2018-10-31 | $-0.17 | $8.98 | x |
| 2019-10-31 | $0.04 | $8.98 | x |
| 2020-10-31 | $0.42 | $8.98 | x |
| 2021-10-31 | $0.59 | $8.98 | x |
| 2022-10-31 | $0.96 | $8.98 | x |
| 2023-10-31 | $0.88 | $8.98 | x |
| 2024-10-31 | $0.93 | $8.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Matrix Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.98%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.03x
- Recent ROE (-1.41%) is above the historical average (-120.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -34.89% | 0.00% | 0.00x | 1.09x | $-12.87K |
| 2009 | -2251.02% | 0.00% | 0.00x | 3.93x | $-103.26K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.47 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.30 Million |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-279.44K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-446.66K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.29 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.34 Million |
| 2016 | 0.00% | -50031.23% | 1.63x | 0.00x | $-9.61 Million |
| 2017 | 0.00% | 1500.90% | 1.37x | 0.00x | $1.95 Million |
| 2018 | 0.00% | -143.96% | 1.12x | 0.00x | $-1.18 Million |
| 2019 | 171.28% | 61.41% | 0.96x | 2.91x | $1.67 Million |
| 2020 | 3.00% | 7.62% | 0.38x | 1.04x | $-928.11K |
| 2021 | 67.99% | 21.32% | 2.95x | 1.08x | $10.98 Million |
| 2022 | 0.16% | 0.12% | 1.11x | 1.22x | $-2.64 Million |
| 2023 | -3.77% | -2.65% | 1.24x | 1.14x | $-4.28 Million |
| 2024 | -1.41% | -0.98% | 0.71x | 2.03x | $-11.99 Million |
Industry Comparison
This section compares Golden Matrix Group Inc's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,313,913,293
- Average return on equity (ROE) among peers: -81.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Matrix Group Inc (GMGI) | $127.10 Million | -34.89% | 0.65x | $90.34 Million |
| Alliance Media Holdings Inc (ADTR) | $3.34 Million | 5.56% | 2.25x | $1.00 |
| Alpha Esports Tech Inc (APETF) | $2.65 Million | -47.32% | 0.21x | $1.19K |
| Atlantis Internet Group Corp (ATIG) | $-2.11 Million | 0.00% | 0.00x | $1.96 |
| Kuuhubb Inc (BCDMF) | $448.25K | -290.46% | 0.57x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $6.95 Million | 37.02% | 0.79x | $1.57K |
| i3 Interactive Inc (BLITF) | $439.47K | -289.81% | 0.19x | $21.80K |
| Global Gaming Technologies Corp (BLKCF) | $3.39 Million | -79.50% | 0.30x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $32.49 Billion | 11.15% | 2.27x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $626.23 Million | -37.36% | 0.26x | $7.07 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $6.78 Million | -127.41% | 0.25x | $2.82 Million |