Golden Matrix Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2023
June 14, 2023 at 05:31 pm IST
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Golden Matrix Group, Inc. reported earnings results for the second quarter and six months ended April 30, 2023. For the second quarter, the company reported sales was USD 10.31 million compared to USD 8.48 million a year ago. Revenue was USD 10.31 million compared to USD 8.48 million a year ago. Net loss was USD 0.533753 million compared to net income of USD 0.586984 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.
For the six months, sales was USD 21.09 million compared to USD 17.36 million a year ago. Revenue was USD 21.09 million compared to USD 17.36 million a year ago. Net loss was USD 0.977274 million compared to net income of USD 0.936363 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago.
Golden Matrix Group, Inc. is a gaming technology company operating across multiple international markets. The Companyâs the business-to-business (B2B) segment charges for usage of the Companyâs software, and royalties charged on the use of third-party gaming content. This segment develops and licenses proprietary gaming platforms for its extensive list of clients and RKingsCompetitions Ltd. (RKings). The business-to-consumer (B2C) division operates a high-volume e-commerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The segment also includes pay to enter prize competitions in the United Kingdom as well as the Companyâs online casino Website (and related activities) in Mexico. The Companyâs B2B and B2C casino, sports betting and tournament platforms creates a global enterprise operating in 17 countries on four continents. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.
GOLDEN MATRIX GROUP, INC. 
