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GMGI (Golden Matrix Group) Financial Strength : 6 (As of Mar. 2025)


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What is Golden Matrix Group Financial Strength?

Golden Matrix Group has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Golden Matrix Group did not have earnings to cover the interest expense. Golden Matrix Group's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.21. As of today, Golden Matrix Group's Altman Z-Score is 2.45.


Competitive Comparison of Golden Matrix Group's Financial Strength

For the Electronic Gaming & Multimedia subindustry, Golden Matrix Group's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Matrix Group's Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Golden Matrix Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Golden Matrix Group's Financial Strength falls into.


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Golden Matrix Group Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Golden Matrix Group's Interest Expense for the months ended in Mar. 2025 was $-1.5 Mil. Its Operating Income for the months ended in Mar. 2025 was $-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $18.2 Mil.

Golden Matrix Group's Interest Coverage for the quarter that ended in Mar. 2025 is

Golden Matrix Group did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Golden Matrix Group's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(17.486 + 18.229) / 170.892
=0.21

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Golden Matrix Group has a Z-score of 2.45, indicating it is in Grey Zones. This implies that Golden Matrix Group is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.45 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Golden Matrix Group  (NAS:GMGI) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Golden Matrix Group has the Financial Strength Rank of 6.


Golden Matrix Group Financial Strength Related Terms

Thank you for viewing the detailed overview of Golden Matrix Group's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Matrix Group Business Description

Traded in Other Exchanges
Address
3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103
Golden Matrix Group Inc is an established gaming technology company. The company develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers. The company operates in three reportable segments; MeridianBet Group, GMAG, RKings & CFAC. The MeridianBet Group segment earns majority revenue. The company operates in UK, Europe, Asia Pacific, Central and South America, Australia and Africa. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, GM-AG, and others.
Executives
Thomas Mcchesney director PO BOX 2910, TACOMA WA 98401-2910
Weiting Feng director, officer: CFO 3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Philip Moyes director 54 KINGS WHARF, QUAY 27, QUEENSWAY J1 GX11 1AA
Omar Jimenez officer: CFO & Chief Compliance Officer C/O MONAKER GROUP INC., 2690 WESTON ROAD, SUITE 200, WESTON FL 33331
Aaron Richard Johnston director 3851 LINDELL RD, STE D131, LAS VEGAS NV 89103
Murray George Smith director 11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Luxor Capital Llc 10 percent owner 3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Anthony Brian Goodman director, 10 percent owner, officer: CEO 3651 LINDELL RD STE D131, LAS VEGAS NV 89103