Golden Matrix Doubles Down on Profitability Amid Record FY Revenue

By Jarrett Banks

Golden Matrix Group Inc. (NASDAQ: GMGI), which operates online gaming platforms, said it had grounds gross past year, driven by enlargement crossed cardinal gaming markets, accrued subordinate engagement, and AI-driven merchandise enhancements.

Revenue for the 4th fourth grew 81% to $46 cardinal and full-year gross jumped 63% to $151 million, reflecting beardown request and strategical acquisitions,  the institution said successful a statement.

“As we participate 2025, we stay good positioned for growth, with revenues for Q1 2025 estimated to emergence by up to 80%,” said CEO Brian Goodman. “Our absorption remains connected innovation, profitability, and expanding into high-growth markets.”

Golden Matrix said it expects gross of $42 million–$45 cardinal successful the archetypal quarter, representing year-over-year maturation of betwixt 69% and 80%.

With a coagulated instauration successful technology, AI-driven gaming innovation, and a strengthened fiscal position, the institution is doubling down connected profitability.

Key strategical priorities see expanding into Latin America and Europe, enhancing AI-driven gaming innovation, strengthening operational efficiencies and pursuing strategical acquisitions to summation marketplace stock and merchandise offerings, it said.

Golden Matrix’s concern segments besides delivered stellar results, with Meridianbet reporting 14% maturation of full-year gross to $106 million, with online gross up 18% to $80 cardinal and retail gross up 4% to $23 million, reflecting beardown idiosyncratic engagement and acquisition.

Meanwhile, GMAG B2B gaming level saw wagering measurement surge 84% to $4.7 billion, driven by AI-powered engagement tools and high-margin contented expansion.

“Our fiscal results show our quality to standard efficiently portion maintaining profitability,” said CFO Rich Christensen. “With a beardown equilibrium expanse and disciplined superior allocation, we are well-positioned for sustainable semipermanent worth creation.”

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