Golden Matrix Group, Inc. (GMGI)

NASDAQ: GMGI · Real-Time Price · USD
0.7967
-0.0226 (-2.76%)
At close: Dec 5, 2025, 4:00 PM EST
0.8200
+0.0233 (2.92%)
After-hours: Dec 5, 2025, 6:08 PM EST
-2.76%
Market Cap 112.48M
Revenue (ttm) 179.14M
Net Income (ttm) -5.38M
Shares Out 141.18M
EPS (ttm) -0.04
PE Ratio n/a
Forward PE 59.90
Dividend n/a
Ex-Dividend Date n/a
Volume 58,792
Open 0.8235
Previous Close 0.8193
Day's Range 0.7897 - 0.8433
52-Week Range 0.7201 - 2.6000
Beta 1.95
Analysts Strong Buy
Price Target 4.00 (+402.07%)
Earnings Date Oct 30, 2025

About GMGI

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. [Read more]

Founded 2008
Employees 1,200
Stock Exchange NASDAQ
Ticker Symbol GMGI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for GMGI stock is "Strong Buy" and the 12-month stock price target is $4.0.

Price Target
$4.0
(402.07% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Meridianbet Reports Renewed Engagement in Custom Prediction Markets in H2 2025

Meridianbet highlights its Free Bet prediction markets, including top categories from the past five years and an 11.5% ticket activity increase in H2 2025

16 hours ago - GlobeNewsWire

Expanse Studios Partners with Vegas.hr to Deploy Game Portfolio in Croatian Market

VALLETTA, Malta and LAS VEGAS, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has signed a content distrib...

1 day ago - GlobeNewsWire

Expanse Studios Secures Swedish B2B Gaming License

VALLETTA, Malta and LAS VEGAS, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has been granted a software ...

3 days ago - GlobeNewsWire

Meridianbet Reports on Workforce Development and Community Programs in Operating Markets

VALLETTA, Malta, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Meridianbet, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), is marking 3 December, the International Day of Persons with Disabilities by re...

3 days ago - GlobeNewsWire

Expanse Studios Secures Romanian Class 2 B2B Gaming License

Expanse Studios secures Romanian ONJN Class 2 B2B license to distribute gaming content in €600M market, advancing GMGI's regulated European expansion

4 days ago - GlobeNewsWire

Expanse Studios Signs Content Distribution Deal with MerkurXtip to Accelerate European B2B Growth

LAS VEGAS, Nov. 29, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, an online casino content developer and a subsidiary of Golden Matrix Group, Inc. (NASDAQ: GMGI), Expanse Studios, a next-generation B2B iG...

6 days ago - GlobeNewsWire

Expanse Studios Signs Strategic Game Distribution Agreement with Admiral Bet

LAS VEGAS, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, the B2B iGaming content development arm of Golden Matrix Group Inc. (NASDAQ: GMGI), has signed a strategic European content partnership wi...

7 days ago - GlobeNewsWire

Meridianbet Founder and Golden Matrix's Largest Shareholder Aleksandar Milovanovic Completes $8 Million Cash-to-Equity Conversion Under Post-Closing Agreement with Company

VALLETTA, Malta and LAS VEGAS, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Aleksandar Milovanović, founder and largest shareholder of Meridianbet, has elected to convert $8 million of cash consideration owed to...

7 days ago - GlobeNewsWire

Expanse Studios to Showcase Flagship iGaming Portfolio at G2E 2025 in Las Vegas

Expanse Studios to unveil new products & showcase 56-game portfolio at G2E Las Vegas (Oct 6-9). Visit Booth #4233 to explore partnership opportunities

2 months ago - GlobeNewsWire

Golden Matrix (GMGI) Q2 Revenue Up 10%

Golden Matrix (GMGI) Q2 Revenue Up 10%

4 months ago - The Motley Fool

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 e...

Other symbols: BRAG
4 months ago - GlobeNewsWire

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 Mi...

5 months ago - GlobeNewsWire

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

6 months ago - GlobeNewsWire

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) sport...

6 months ago - GlobeNewsWire

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 s...

6 months ago - Seeking Alpha

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 share...

6 months ago - Newsfile Corp

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 ...

7 months ago - Newsfile Corp

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

7 months ago - GlobeNewsWire

Expanse (GMGI) Completes Multiple U.S. Integrations and Launches New Flagship Slot

Las Vegas, Nevada--(Newsfile Corp. - May 16, 2025) - Expanse Studios, the proprietary B2B game development unit of Golden Matrix Group Inc. (NASDAQ: GMGI), has successfully completed multiple new inte...

7 months ago - Newsfile Corp

Meridianbet (GMGI) Highlights 2024 Achievements Ahead of Full ESG Report Release

Valletta, Malta--(Newsfile Corp. - April 22, 2025) - Meridianbet, a leading global sports betting and iGaming operator, part of the Golden Matrix Group (NASDAQ: GMGI), is pleased to share key ESG mile...

8 months ago - Newsfile Corp

Meridianbet (Golden Matrix) Highlights 2024 Achievements Ahead of Full ESG Report Release

VALLETTA, Malta, April 22, 2025 (GLOBE NEWSWIRE) -- Meridianbet, a leading global sports betting and iGaming operator, part of the Golden Matrix Group (NASDAQ: GMGI), is pleased to share key ESG miles...

8 months ago - GlobeNewsWire

Expanse Studios (GMGI) Enters Strategic Distribution Partnership with BetConstruct

Valletta, Malta--(Newsfile Corp. - April 11, 2025) - Expanse Studios, the iGaming division of Golden Matrix Group Inc. (NASDAQ: GMGI), has announced a strategic partnership with BetConstruct, one of t...

8 months ago - Newsfile Corp

Meridianbet (GMGI) Launches "Watch & Bet" -- New In-Play Feature to Accelerate User Monetization and Core Revenue Growth

Valletta, Malta--(Newsfile Corp. - April 4, 2025) - Meridianbet, part of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced the launch of Watch & Bet, a new mobile feature that enables users to ...

8 months ago - Newsfile Corp

Argus Research Initiates Equity Research Report Coverage on Golden Matrix Group, Inc. (NasdaqCM: GMGI)

NEW YORK , April 3, 2025 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Golden Matrix Group, Inc. (NasdaqCM: GMGI) Click Here ...

8 months ago - PRNewsWire

Expanse Studios (GMGI) Secures Brazilian iGaming Certification

Las Vegas, Nevada--(Newsfile Corp. - April 2, 2025) - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has received the game certification for the Brazilian market. Issued by ...

8 months ago - Newsfile Corp