Golden Matrix Group Inc (GMGI) - Net Assets
Based on the latest financial reports, Golden Matrix Group Inc (GMGI) has net assets worth $50.43 Million USD as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($111.87 Million) and total liabilities ($61.44 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. Check GMGI tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $50.43 Million |
| % of Total Assets | 45.08% |
| Annual Growth Rate | 54.82% |
| 5-Year Change | 155.38% |
| 10-Year Change | N/A |
| Growth Volatility | 465.24 |
Golden Matrix Group Inc - Net Assets Trend (2008–2025)
This chart illustrates how Golden Matrix Group Inc's net assets have evolved over time, based on quarterly financial data. See Golden Matrix Group Inc (GMGI) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Golden Matrix Group Inc (2008–2025)
The table below shows the annual net assets of Golden Matrix Group Inc from 2008 to 2025. For live valuation and market cap data, see Golden Matrix Group Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $48.34 Million | -55.63% |
| 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 decreased by 3298151300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $126.00 | 0.00% |
| Other Comprehensive Income | $-3.75 Million | -8.06% |
| Other Components | $83.36 Million | 179.10% |
| Total Equity | $46.55 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 |
|---|---|
|
Daesang Holdings Co Ltd Pref
KO:084695
|
$8.06 Million |
|
Gladiator Resources Ltd
AU:GLA
|
$8.06 Million |
|
NRB Industrial Bearings Limited
NSE:NIBL
|
$8.07 Million |
|
Reviva Pharmaceuticals Holdings Inc.
NASDAQ:RVPH
|
$8.07 Million |
|
Gulf & Pacific Equities Corp
V:GUF
|
$8.05 Million |
|
Nagambie Resources Ltd
AU:NAG
|
$8.05 Million |
|
American Uranium Ltd
AU:AMU
|
$8.05 Million |
|
Slam Exploration Ltd.
V:SXL
|
$8.05 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 2024 to 2025, total equity changed from 105,072,994 to 46,545,326, a change of -58,527,668 (-55.7%).
- Net loss of 91,982,136 reduced equity.
- Dividend payments of 144,782 reduced retained earnings.
- Share repurchases of 122,778 reduced equity.
- New share issuances of 2,960,897 increased equity.
- Other comprehensive income increased equity by 4,336,369.
- Other factors increased equity by 26,424,762.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-91.98 Million | -197.62% |
| Dividends Paid | $144.78K | -0.31% |
| Share Repurchases | $122.78K | -0.26% |
| Share Issuances | $2.96 Million | +6.36% |
| Other Comprehensive Income | $4.34 Million | +9.32% |
| Other Changes | $26.42 Million | +56.77% |
| Total Change | $- | -55.70% |
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: 3.20x
- 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 12605.61x to 3.20x 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 | $12.85 | x |
| 2009-10-31 | $326.21 | $12.85 | x |
| 2010-10-31 | $-1462.53 | $12.85 | x |
| 2011-10-31 | $-5135.13 | $12.85 | x |
| 2012-10-31 | $-11089.65 | $12.85 | x |
| 2013-10-31 | $-7443.26 | $12.85 | x |
| 2014-10-31 | $0.00 | $12.85 | x |
| 2015-10-31 | $-56465340.00 | $12.85 | x |
| 2016-10-31 | $-32369.45 | $12.85 | x |
| 2017-10-31 | $-1.53 | $12.85 | x |
| 2018-10-31 | $-2.08 | $12.85 | x |
| 2019-10-31 | $0.45 | $12.85 | x |
| 2020-10-31 | $5.04 | $12.85 | x |
| 2021-10-31 | $7.04 | $12.85 | x |
| 2022-10-31 | $11.47 | $12.85 | x |
| 2023-10-31 | $10.54 | $12.85 | x |
| 2024-10-31 | $11.11 | $12.85 | x |
| 2025-10-31 | $4.02 | $12.85 | 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): -197.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.30%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 2.54x
- Recent ROE (-197.62%) is below the historical average (-124.79%), suggesting potential challenges in 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 |
| 2025 | -197.62% | -50.30% | 1.55x | 2.54x | $-96.64 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: $15,114,848
- Average return on equity (ROE) among peers: 4.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Matrix Group Inc (GMGI) | $50.43 Million | -34.89% | 1.22x | $8.05 Million |
| Blue Hat Interactive Entertainment (BHAT) | $21.81 Million | 23.50% | 0.54x | $1.57K |
| CTW Cayman Class A Ordinary Shares (CTW) | $-672.00 Million | 0.00% | 0.00x | $139.61 Million |
| Doubledown Interactive Co Ltd (DDI) | $380.67 Million | 9.54% | 1.14x | $444.00 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $-2.85 Million | 0.00% | 0.00x | $7.99 Million |
| Electronic Arts Inc (EA) | $389.20 Million | 13.18% | 0.33x | $50.91 Billion |
| GCL Global Holdings Ltd Ordinary Shares (GCL) | $17.32 Million | 11.47% | 1.76x | $55.17 Million |
| GD Culture Group Limited (GDC) | $10.03 Million | -5.40% | 4.01x | $1.71 Million |
| GDEV Inc. (GDEV) | $-101.91 Million | 0.00% | 0.00x | $225.07 Million |
| Giga Media Ltd (GIGM) | $93.76 Million | -15.20% | 0.28x | $15.47 Million |
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.