Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership

Rhea-AI Summary

Golden Matrix Group (NASDAQ: GMGI) has released its 2025 gaming business outlook, highlighting significant achievements and growth prospects. The company reported impressive year-to-date revenue of $105.3 million, marking a 55% growth rate. GMGI maintains strong gross margins exceeding 55% and currently trades at a Price-to-Sales ratio of 1.88, which is below the industry average of 3-5. The company's strategic expansion includes market entry into Brazil and pending licensing in New Jersey, positioning itself for growth in new markets.

Positive

• 55% year-to-date revenue growth to $105.3M
• Robust gross margins above 55%
• P/S ratio of 1.88 indicates potential undervaluation compared to industry average of 3-5
• Strategic expansion into Brazil market
• Pending New Jersey gaming license

Negative

• None.

Insights

Financial Analyst

GMGI's financial metrics paint a compelling picture of operational excellence. The 55% revenue growth to $105.3M coupled with 55% gross margins demonstrates strong execution and scalable business model. The current P/S ratio of 1.88 suggests potential undervaluation compared to gaming industry peers trading at 3-5x sales multiples, indicating a possible $150-250M valuation gap.

Market expansion into Brazil, Latin America's largest economy and pending New Jersey licensing represent significant growth catalysts. Brazil's gaming market is projected to reach $2.7B by 2026, while New Jersey's mature online gaming market generated over $1.8B in revenue in 2023. GMGI's proprietary technology stack positions it uniquely to capture market share in these high-growth regions.

Tech Expert

The proprietary technology leadership mentioned is particularly noteworthy in the competitive gaming landscape. Gaming platforms require sophisticated player management systems, payment processing capabilities and robust security protocols. GMGI's consistent margin maintenance at 55% suggests strong technology infrastructure that scales efficiently with growth, indicating lower incremental costs for new market entries.

The Brazil and New Jersey expansion strategy demonstrates the platform's adaptability to different regulatory frameworks and market requirements. This technical flexibility is important for rapid market penetration and maintaining competitive advantages in new territories.

Las Vegas, Nevada--(Newsfile Corp. - December 31, 2024) - Golden Matrix Group (NASDAQ: GMGI), today announced a preview of its 2025 business growth opportunities in the gaming and technology sectors. This follows its year-to-date revenue growth of 55% to $105.3M, robust gross margins consistently above 55%, and a Price-to-Sales (P/S) ratio of 1.88.

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

Key Takeaways:

• Golden Matrix Group (GMGI) achieved $105.3M in year-to-date revenue, reflecting a 55% growth rate and robust gross margins above 55%
• Currently at a Price-to-Sales ratio of 1.88, below the industry average of 3-5
• Entry into Brazil and pending licensing in New Jersey to capitalize on new markets, as part of its growth strategy

Click image above to view full announcement.

About:

Founded in 2001 and part of the Golden Matrix (NASDAQ: GMGI), Meridianbet Group is a well-established online sports betting and gaming group, licensed and/or currently operating in 17 jurisdictions across Europe, Africa, and South America. Meridianbet's successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online, and mobile.

Contact information:

Milan Koricanac, Head of Global PR
milan.koricanac@meridianbet.com

Source: Meridianbet Group

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235642

FAQ

What is Golden Matrix Group's (GMGI) current revenue growth rate in 2024?

Golden Matrix Group (GMGI) achieved a 55% year-to-date revenue growth, reaching $105.3 million.

What are GMGI's current gross margins?

GMGI maintains robust gross margins consistently above 55%.

How does GMGI's Price-to-Sales ratio compare to industry standards?

GMGI's P/S ratio of 1.88 is below the industry average of 3-5, potentially indicating undervaluation.

Which new markets is GMGI expanding into for 2025?

GMGI is expanding into Brazil and pursuing licensing in New Jersey as part of its growth strategy.