Argus Research Reaffirms $200M 2025 Revenue Forecast for Golden Matrix (GMGI)

Rhea-AI Summary

Argus Research has released an updated equity research report on Golden Matrix Group Inc. (NASDAQ: GMGI), maintaining its revenue forecast of $200 million for 2025. The research firm reaffirmed its fair value estimate for GMGI shares, suggesting significant upside potential from current trading levels. The forecast is supported by GMGI's expansion into new markets and enhanced performance of its AI-driven platform. The company has also strengthened its financial position through debt reduction and by converting acquisition-related obligations into equity.

Positive

• Projected revenue of $200M for 2025
• Expansion into new markets
• Improved AI-driven platform performance
• Strengthened balance sheet through debt reduction
• Conversion of acquisition obligations to equity

Negative

• None.

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.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

• 2025E revenue of $200M, supported by new market entries and AI-driven platform performance
• Balance sheet strengthened via debt reduction and equitization of acquisition obligations

Click image above to view full announcement.

About Golden Matrix Group

Golden Matrix Group, based in Las Vegas, NV, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients, while its B2C division, including Meridianbet, operates regulated online sports betting and gaming sites.

Connect with us:
X - https://twitter.com/gmgi_official
Instagram - https://www.instagram.com/goldenmatrixgroup/

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding revenue forecasts, market expansion, and valuation targets. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements speak only as of the date they are made, and Golden Matrix undertakes no obligation to update or revise them. Factors that may affect these results include but are not limited to, changes in market conditions, regulatory developments, operational execution, and other risks detailed in the company’s filings with the U.S. Securities and Exchange Commission.

Contacts:

Milan Koricanac
milan.koricanac@meridianbet.com

Source: Meridianbet Group

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253198

FAQ

What is Argus Research's 2025 revenue forecast for Golden Matrix (GMGI)?

Argus Research forecasts Golden Matrix (GMGI) to achieve revenue of $200 million in 2025.

How is Golden Matrix (GMGI) strengthening its financial position?

GMGI is strengthening its financial position through debt reduction and by converting acquisition obligations into equity.

What factors support GMGI's revenue growth forecast?

The revenue growth forecast is supported by new market entries and improved performance of GMGI's AI-driven platform.

What is Argus Research's outlook on GMGI stock?

Argus Research suggests significant upside potential for GMGI shares relative to current trading levels.