Golden Matrix Group, Inc.

Golden Matrix Group, Inc.verified

GMGI

Price:

$2.315

Market Cap:

$281.69M

Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applica...[Read more]

Industry

Electronic Gaming & Multimedia

IPO Date

2009-10-30

Stock Exchange

NASDAQ

Ticker

GMGI

The ROE as of September 2024 (TTM) for Golden Matrix Group, Inc. (GMGI) is -4.86%

According to Golden Matrix Group, Inc.’s latest financial reports and current stock price. The company's current ROE is -4.86%. This represents a change of 51.26% compared to the average of -3.21% of the last 4 quarters.

Golden Matrix Group, Inc. (GMGI) Historical ROE (quarterly & annually)

How has GMGI ROE performed in the past?

The mean historical ROE of Golden Matrix Group, Inc. over the last ten years is 83.47%. The current -4.86% ROE has changed -105.82% with respect to the historical average. Over the past ten years (40 quarters), GMGI's ROE was at its highest in in the April 2016 quarter at 83.56%. The ROE was at its lowest in in the July 2016 quarter at -395.58%.

Quarterly (TTM)
Annual

Average

83.47%

Median

95.57%

Minimum

-117.25%

Maximum

251.32%

Golden Matrix Group, Inc. (GMGI) ROE by Quarter and Year

Discovering the peaks and valleys of Golden Matrix Group, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual ROE = 251.32%

Minimum Annual Increase = -183.83%

Minimum Annual ROE = -117.25%

Quarterly (TTM)
Annual
YearROEChange
20220.16%Infinity%
20210%-100.00%
20213.00%-98.25%
2019171.28%74.26%
201898.29%-183.83%
2017-117.25%-146.65%
2016251.32%170.69%
201592.85%-37.48%
2014148.50%-20.38%
2013186.50%17.87%

Golden Matrix Group, Inc. (GMGI) Average ROE

How has GMGI ROE performed in the past?

The current ROE of Golden Matrix Group, Inc. (GMGI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.06%

5-year avg

54.55%

10-year avg

83.47%

Golden Matrix Group, Inc. (GMGI) ROE vs. Peers

How is GMGI’s ROE compared to its peers?

Golden Matrix Group, Inc.’s ROE is greater than i3 Interactive Inc. (-22229.01%), greater than Engine Gaming and Media, Inc. (-88.19%), greater than PLAYSTUDIOS, Inc. (-6.74%), greater than Snail, Inc. Class A Common Stock (-17.10%), less than DoubleDown Interactive Co., Ltd. (15.27%), less than Tiidal Gaming Group Corp. (190.44%), less than Swarmio Media Holdings Inc. (106.63%), less than SciPlay Corporation (56.20%), greater than Nexters Inc. (-41.64%),

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