Golden Matrix Group Stock Revenue

GMGI Stock  USD 2.94  0.12  3.92%   
Golden Matrix Group fundamentals help investors to digest information that contributes to Golden Matrix's financial success or failures. It also enables traders to predict the movement of Golden Stock. The fundamental analysis module provides a way to measure Golden Matrix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Golden Matrix stock.
The Golden Matrix's current Current Deferred Revenue is estimated to increase to about 379.8 K. The Golden Matrix's current Cost Of Revenue is estimated to increase to about 32.4 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Golden Revenue Analysis

Golden Matrix's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

-

Discounts and Returns

More About Revenue | All Equity Analysis

Current Golden Matrix Revenue

    
  36.03 M  
Most of Golden Matrix's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Golden Matrix Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Historical and Projected quarterly revenue of Golden

Projected quarterly revenue analysis of Golden Matrix Group provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Golden Matrix match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Golden Matrix's stock price.

Golden Revenue Driver Correlations

Understanding the fundamental principles of building solid financial models for Golden Matrix is extremely important. It helps to project a fair market value of Golden Stock properly, considering its historical fundamentals such as Revenue. Since Golden Matrix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Golden Matrix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Golden Matrix's interrelated accounts and indicators.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Golden Current Deferred Revenue

Current Deferred Revenue

379,793

As of now, Golden Matrix's Current Deferred Revenue is increasing as compared to previous years.
Based on the latest financial disclosure, Golden Matrix Group reported 36.03 M of revenue. This is 99.75% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The revenue for all United States stocks is 99.62% higher than that of the company.

Golden Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Matrix's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Matrix could also be used in its relative valuation, which is a method of valuing Golden Matrix by comparing valuation metrics of similar companies.
Golden Matrix is currently under evaluation in revenue category among related companies.

Golden Matrix Institutional Holders

Institutional Holdings refers to the ownership stake in Golden Matrix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Golden Matrix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Golden Matrix's value.
Shares
Ground Swell Capital, Llc2023-12-31
11.7 K
Tower Research Capital Llc2023-12-31
K
Advisor Group Holdings, Inc.2023-12-31
3.1 K
Steward Partners Investment Advisory, Llc2023-12-31
K
Simplex Trading, Llc2023-12-31
1.6 K
Ma Greenwood & Associates Inc2023-12-31
600
Ubs Group Ag2023-12-31
502
Jpmorgan Chase & Co2023-12-31
377
Royal Bank Of Canada2023-12-31
228
Vanguard Group Inc2023-12-31
337.3 K
Blackrock Inc2023-12-31
228.3 K

Golden Fundamentals

About Golden Matrix Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Golden Matrix Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Matrix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Matrix Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Current Deferred Revenue335.5 K379.8 K
Cost Of Revenue30.9 M32.4 M
Total Revenue41.4 M43.5 M
Ebit Per Revenue 0  0.01 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golden Matrix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golden Matrix's short interest history, or implied volatility extrapolated from Golden Matrix options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:
Check out Golden Matrix Piotroski F Score and Golden Matrix Altman Z Score analysis.
Note that the Golden Matrix Group information on this page should be used as a complementary analysis to other Golden Matrix's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Golden Stock analysis

When running Golden Matrix's price analysis, check to measure Golden Matrix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Matrix is operating at the current time. Most of Golden Matrix's value examination focuses on studying past and present price action to predict the probability of Golden Matrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Matrix's price. Additionally, you may evaluate how the addition of Golden Matrix to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Bonds Directory
Find actively traded corporate debentures issued by US companies
CEOs Directory
Screen CEOs from public companies around the world
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is Golden Matrix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Matrix. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1
Earnings Share
(0.02)
Revenue Per Share
1.251
Quarterly Revenue Growth
0.099
Return On Assets
0.0014
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.