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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#4250
Positioning
Market Dominance
Services
Computer Software
$40M
Anthony B. Goodman
Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = GMGI ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$YALA Yalla Group Ltd | 75 | 89 | 99 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GRVY GRAVITY Co., Ltd. | 75 | 82 | 96 | 71 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ISSC INNOVATIVE SOLUTIONS & SUPPORT INC | 73 | 81 | 88 | 94 | 25.0x | 14.1x | 17.1% | 10.3% | 35.5% | 14.6% | 10.1% | 105.2% | 0.0% | 41.0x | $244M | VS | |
$AER AerCap Holdings N.V. | 72 | 60 | 87 | 84 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$HCSG HEALTHCARE SERVICES GROUP INC | 72 | 74 | 88 | 88 | 7.1x | 6.1x | 28.9% | 20.8% | 20.8% | 9.9% | 9.3% | 8.5% | 0.0% | 1.0x | $1.2B | VS | |
$LQDT LIQUIDITY SERVICES INC | 72 | 90 | 88 | 68 | 24.9x | 14.3x | 14.1% | 8.3% | 45.7% | 8.5% | 6.2% | 28.1% | 0.0% | 0.0x | $736M | VS | |
$TRTNpA Triton International Ltd | 71 | 70 | 89 | 70 | - | 1.7x | 0.0% | - | 97.4% | 58.0% | 37.4% | - | 8.8% | 264.0x | $2.5B | VS | |
$EDU New Oriental Education & Technology Group Inc. | 71 | 83 | 52 | 77 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NTES NetEase, Inc. | 71 | 88 | 93 | 68 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UTI UNIVERSAL TECHNICAL INSTITUTE INC | 70 | 86 | 86 | 72 | 43.2x | 16.0x | 15.3% | 5.8% | 100.0% | 6.9% | 5.2% | 15.1% | 0.0% | 24.0x | $1.8B | VS | |
$GMGI Golden Matrix Group, Inc. | 34 | 45 | 45 | 10 | - | 228.5x | -5.4% | -3.3% | 55.9% | -2.2% | -4.1% | 20.1% | 0.0% | 65.0x | $40M | ||
| SECTOR BENCH | - | - | - | - | - | 23.7x | 11.7x | 5.7% | 2.4% | 64.6% | 4.5% | 2.8% | 8.6% | 0.0% | 0.3x | - | REF |
Golden Matrix Group, Inc. (GMGI) receives a "Avoid" rating with a composite score of 33.6/100. It ranks #4250 out of 7,333 stocks in our coverage universe and carries a 1-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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Lagging peers — losers tend to keep underperforming
Fair valuation relative to peers
Average quality profile
Average volatility — neutral timing signal
Aggressive spending — empire-building risk, dilutive growth
Below-average composite — caution warranted
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Relative valuation derived from Services sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
No analyst ratings for GMGI.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 45 | 46 | -1NEUTRAL |
| MOMENTUM | 10 | 5 | +5NEUTRAL |
| VALUATION | 45 | 45 | 0NEUTRAL |
| INVESTMENT | 26 | 19 | +7ALPHA |
| STABILITY | 38 | 34 | +4NEUTRAL |
| SHORT INT | 36 | 27 | +9ALPHA |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROE proxy -5.4% (sector 5.7%)
GM 56% vs sector 65%, OM -2% vs sector 5%
Capital turnover N/A
Rev growth 20%, 10yr history
Interest coverage -0.8x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate Golden Matrix Group, Inc. (GMGI) as Avoid with a composite score of 33.6/100 at a current price of $0.51. The stock falls in the bottom quintile, and the multi-factor weakness suggests a high probability of continued underperformance.
Golden Matrix Group, Inc. holds a top-quartile position (#0 of 50) within the Services sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 33.6/100 places it at rank #4250 in our full universe.
No Moat
High
Poor
Fair Value
Gross margins of 56% signal strong pricing power.
Stable competitive position in a defensive sector.
Weak momentum suggests persistent institutional selling pressure.
Vulnerability to macroeconomic shocks and interest rate volatility.
Golden Matrix Group, Inc. represents a avoid based on multi-factor quantitative performance.
Our quantitative model flags Golden Matrix Group, Inc. with an Avoid rating, assigning a composite score of 33.6/100 and 1 out of 5 stars. Ranked #4250 of 7,333 stocks, GMGI falls in the bottom tier across key factors. Historically, stocks with this profile have faced elevated risk of underperformance and capital loss.
With a quality score of 45/100, GMGI shows adequate but unremarkable business quality. The company reports a return on equity of -5.4% (sector avg: 5.7%), gross margins of 55.9% (sector avg: 64.6%), net margins of -4.1% (sector avg: 2.8%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
With a value score of 45/100, GMGI appears somewhat expensive relative to its fundamentals. Key valuation metrics include an EV/EBITDA of 228.52x, a P/B ratio of 0.61x. Investors paying a premium here are likely betting on above-average growth or margin expansion to justify current prices.
Golden Matrix Group, Inc.'s investment score of 26/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 20.1% vs. a sector average of 8.6% and a return on assets of -3.3% (sector: 2.4%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
Golden Matrix Group, Inc. is experiencing notably weak momentum with a score of just 10/100. The stock has underperformed its peers and is trending below major moving averages. Revenue growth stands at 20.1% year-over-year, while a beta of 0.88 reflects its sensitivity to broader market moves. While deep momentum weakness can occasionally present value opportunities, it often reflects deteriorating fundamentals or structural headwinds that may persist.
GMGI's stability score of 38/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of 0.88 and a debt-to-equity ratio of 65.00x (sector avg: 0.3x). Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
Golden Matrix Group, Inc.'s short interest score of 36/100 reveals significant bearish positioning, suggesting institutional investors are actively betting against the stock. Specific risk factors include elevated leverage (D/E: 65.00x), micro-cap liquidity risk. At $40M (micro-cap), GMGI carries meaningful risk and is best suited for investors with high risk tolerance who have thoroughly evaluated the bear thesis.
Golden Matrix Group, Inc. is a micro-cap company in the Services sector, ranked #0 of 50 in its sector (100th percentile) and #4250 of 7,333 overall (42nd percentile). Key comparisons include ROE of -5.4% trailing the 5.7% sector median and operating margins of -2.2% below the 4.5% sector average. This top-quartile standing reflects exceptional competitive strength relative to Services peers.
While GMGI currently exhibits a AVOID profile, superior opportunities exist within the SERVICES sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
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Improvement in Momentum (10) would have the largest impact on the composite score.
EV/EBITDA 1848% ABOVE SECTOR MEDIAN
ROE 194% BELOW SECTOR MEDIAN
Gross Margin 14% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
By Karen Roman Global online gaming platform Golden Matrix Group Inc. (NASDAQ: GMGI) heads into its fiscal fourth-quarter and full-year results facing an investor base increasingly focused on execution rather than expansion narratives. The company has distinguished itself in a sector often driven by promotional spending and forward projections, emphasizing instead disciplined capital allocation, diversified […]
Expanse @ Meridianbet Belgium Expanse @ Meridianbet Belgium VALLETTA, Malta, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, the gaming content subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced the official launch of its proprietary game portfolio in the Belgian regulated market. The Studios’ premium slot and table game titles are now live on the Meridianbet.be platform, marking a strategic milestone in the Studios’ international distribution roadmap. The launch follows t