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Golden Matrix Group, Inc. - $GMGI STOCK NEWS

Welcome to our dedicated page for Golden Matrix Group news (Ticker: $GMGI), a resource for investors and traders seeking the latest updates and insights on Golden Matrix Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Golden Matrix Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Golden Matrix Group's position in the market.

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Rhea-AI Summary
Golden Matrix Group Inc. reports Q2 revenues of $10.3 million, a 21% increase from the previous year. Q2 net loss of $(534,000) compared to a profit of $586,984 in the same quarter last year. The company has cash and cash equivalents of $15.7 million and total assets of $34.8 million as of April 30, 2023. B2B segment contributes $3.8 million (37%) and B2C segment contributes $6.5 million (63%) to Q2 revenues. The company remains confident in the success of RKings in Great Britain and plans to introduce its platform to additional markets.
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Golden Matrix Group, Inc.

Nasdaq:GMGI

GMGI Rankings

GMGI Stock Data

558.76M
17.46M
85.36%
0.85%
0.15%
Electronic Gaming & Multimedia
Communication Services
Link
United States of America
LAS VEGAS

About GMGI

golden matrix group, inc., a gaming technology company, develops and owns online gaming ip, and builds social gaming platforms for its customers located primarily in the asia pacific region. its gaming ip includes tools for marketing, acquisition, retention and monetization of users. the company's platform is accessed through desktop and mobile applications. the company was formerly known as source gold corp. and changed its name to golden matrix group, inc. in march 2016. golden matrix group, inc. was founded in 2008 and is based in las vegas, nevada.