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) - Total Assets
Latest total assets as of July 2025: $209.78 Million USD
Based on the latest financial reports, Golden Matrix Group Inc (GMGI) holds total assets worth $209.78 Million USD as of July 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Golden Matrix Group Inc - Total Assets Trend (2008–2024)
This chart illustrates how Golden Matrix Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden Matrix Group Inc - Asset Composition Analysis
Current Asset Composition (October 2024)
Golden Matrix Group Inc's total assets of $209.78 Million consist of 21.1% current assets and 78.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.1% |
| Accounts Receivable | $9.72 Million | 4.6% |
| Inventory | $3.94 Million | 1.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $56.39 Million | 26.4% |
| Goodwill | $71.25 Million | 33.3% |
Asset Composition Trend (2008–2024)
This chart illustrates how Golden Matrix Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Golden Matrix Group Inc's current assets represent 21.1% of total assets in 2024, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 14.1% of total assets in 2024, down from 99.3% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 59.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 33.3% of total assets.
Golden Matrix Group Inc Competitors by Total Assets
Key competitors of Golden Matrix Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
Golden Matrix Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Golden Matrix Group Inc generates 0.71x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Golden Matrix Group Inc is currently not profitable relative to its asset base.
Golden Matrix Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.61 | 0.82 | 7.11 |
| Quick Ratio | 0.52 | 0.75 | 8.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-25.27 Million | $ -12.72 Million | $ 5.85 Million |
Golden Matrix Group Inc - Advanced Valuation Insights
This section examines the relationship between Golden Matrix Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.73 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | 500.6% |
| Total Assets | $213.72 Million |
| Market Capitalization | $90.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Golden Matrix Group Inc's assets below their book value (0.42 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Golden Matrix Group Inc's assets grew by 500.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Golden Matrix Group Inc (2008–2024)
The table below shows the annual total assets of Golden Matrix Group Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $213.72 Million | +500.62% |
| 2023-10-31 | $35.58 Million | +9.25% |
| 2022-10-31 | $32.57 Million | +59.20% |
| 2021-10-31 | $20.46 Million | +48.10% |
| 2020-10-31 | $13.81 Million | +359.71% |
| 2019-10-31 | $3.01 Million | +266.53% |
| 2018-10-31 | $819.87K | +835.21% |
| 2017-10-31 | $87.67K | +612.97% |
| 2016-10-31 | $12.30K | -91.70% |
| 2015-10-31 | $148.12K | -10.17% |
| 2014-10-31 | $164.88K | +90.19% |
| 2013-10-31 | $86.69K | -15.51% |
| 2012-10-31 | $102.61K | +115.63% |
| 2011-10-31 | $47.59K | -39.85% |
| 2010-10-31 | $79.11K | +340.48% |
| 2009-10-31 | $17.96K | -42.75% |
| 2008-10-31 | $31.37K | -- |