GMGI icon

Golden Matrix Group

1.28 USD
-0.13
9.22%
At close Aug 26, 4:00 PM EDT
1 day
-9.22%
5 days
-3.76%
1 month
-20.50%
3 months
-20.99%
6 months
-39.62%
Year to date
-37.56%
1 year
-46.89%
5 years
-85.22%
10 years
-85.22%
 

About: Golden Matrix Group Inc is an established gaming technology company. The company develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers. The company operates in three reportable segments; MeridianBet Group, GMAG, RKings & CFAC. The MeridianBet Group segment earns majority revenue. The company operates in UK, Europe, Asia Pacific, Central and South America, Australia and Africa. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, GM-AG, and others.

Employees: 1,200

0
Funds holding %
of 7,433 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

4% more funds holding

Funds holding: 45 [Q1] → 47 (+2) [Q2]

0.06% less ownership

Funds ownership: 2.59% [Q1] → 2.54% (-0.06%) [Q2]

7% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 15

11% less capital invested

Capital invested by funds: $6.74M [Q1] → $5.99M (-$756K) [Q2]

Research analyst outlook

We haven’t received any recent analyst ratings for GMGI.

Financial journalist opinion

Neutral
The Motley Fool
2 weeks ago
Golden Matrix (GMGI) Q2 Revenue Up 10%
Golden Matrix (GMGI) Q2 Revenue Up 10%
Golden Matrix (GMGI) Q2 Revenue Up 10%
Neutral
GlobeNewsWire
1 month ago
Expanse Studios Secures U.S. and EU Distribution Deal with Bragg Gaming
LAS VEGAS, July 22, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a cutting-edge game developer focused on innovative iGaming experiences and a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has entered into a content partnership with Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG), a global B2B iGaming content and technology provider. The agreement significantly expands the distribution of Expanse Studios' proprietary slots, crash and table games across over 30 regulated markets globally, including the U.S., Canada, Latin America and Europe.
Expanse Studios Secures U.S. and EU Distribution Deal with Bragg Gaming
Neutral
GlobeNewsWire
1 month ago
Expanse Studios (GMGI) Obtains Croatian iGaming Certification
VALLETTA , Malta, July 01, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, the B2B game development division of Golden Matrix Group Inc. (NASDAQ: GMGI), has received official certification from Croatia's Ministry of Finance for its flagship game Super Heli, with additional titles in the company's 56-game portfolio expected to receive approval in the coming weeks for the EU member state. The certification marks a strategic entry into a market that generated US$484.70m in 2024, with projected growth at a CAGR of 8.4% during 2024-2030.
Expanse Studios (GMGI) Obtains Croatian iGaming Certification
Neutral
GlobeNewsWire
2 months ago
On World Blood Donor Day, Meridianbet Turns Its Annual Employee Drive into a Global CSR Tradition
Meridianbet marks World Blood Donor Day by expanding its annual employee-led blood drive into a global CSR tradition, reinforcing its long-term commitment
On World Blood Donor Day, Meridianbet Turns Its Annual Employee Drive into a Global CSR Tradition
Neutral
GlobeNewsWire
2 months ago
Meridianbet Seals Sponsorship Deal with Aquatic Sports Association of Malta (ASA)
Two-year agreement expands Meridianbet and Golden Matrix's (GMGI) sports sponsorship portfolio across regulated European markets Two-year agreement expands Meridianbet and Golden Matrix's (GMGI) sports sponsorship portfolio across regulated European markets
Meridianbet Seals Sponsorship Deal with Aquatic Sports Association of Malta (ASA)
Positive
Seeking Alpha
2 months ago
Golden Matrix Group Initiation: Strong Buy On Brazil Expansion And Raffle Growth
We initiate on Golden Matrix with a Strong Buy rating, driven by accelerating growth in Brazil and the hyper-growth Raffle segment, underappreciated by the market. Our implied valuation of USD$8 per share is based on a 4x forward EV/Sales multiple on our FY26E revenue estimate, suggests 362% upside. We estimate FY25E revenue of $205mn and FY26E revenue of $260mn, significantly above consensus.
Golden Matrix Group Initiation: Strong Buy On Brazil Expansion And Raffle Growth
Neutral
Newsfile Corp
2 months ago
GMGI Insider Buying: Group CFO Picks Up 10,000 Shares
Las Vegas, Nevada--(Newsfile Corp. - May 30, 2025) - Golden Matrix Group Inc. (NASDAQ: GMGI), a global provider of iGaming and sportsbook technology, announced an insider purchase of 10,000 GMGI shares at $1.36 per share, as disclosed in a recent SEC Form 4 filing dated May 27, 2025. To view the full announcement, including downloadable images, bios, and more, click here.
GMGI Insider Buying: Group CFO Picks Up 10,000 Shares
Neutral
Newsfile Corp
3 months ago
Argus Research Reaffirms $200M 2025 Revenue Forecast for Golden Matrix (GMGI)
Las Vegas, Nevada--(Newsfile Corp. - May 23, 2025) - Argus Research has issued an updated equity research report about Golden Matrix Group Inc. (NASDAQ: GMGI), reiterating its fair value estimate for GMGI shares. The report highlights significant upside potential relative to current trading levels and forecasts continued revenue growth and operational expansion across key global markets.
Argus Research Reaffirms $200M 2025 Revenue Forecast for Golden Matrix (GMGI)
Neutral
GlobeNewsWire
3 months ago
A Quiet Green Revolution of Meridianbet (Golden Matrix Group): 80 Sustainability Projects in Q1 2025 Only
A Public Company's Grassroots Approach to Ecology and Sustainability A Public Company's Grassroots Approach to Ecology and Sustainability
A Quiet Green Revolution of Meridianbet (Golden Matrix Group): 80 Sustainability Projects in Q1 2025 Only
Positive
Benzinga
3 months ago
Top 3 Tech And Telecom Stocks That May Rocket Higher This Month
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
Top 3 Tech And Telecom Stocks That May Rocket Higher This Month
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