Golden Historical Income Statement
| GMGI Stock | USD 2.70 0.07 2.53% |
Historical analysis of Golden Matrix income statement accounts such as EBIT of 232.4 K or Ebitda of 735.5 K can show how well Golden Matrix Group performed in making a profits. Evaluating Golden Matrix income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Golden Matrix's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Golden Matrix Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Golden Matrix Group is a good buy for the upcoming year.
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About Golden Income Statement Analysis
Golden Matrix Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Golden Matrix shareholders. The income statement also shows Golden investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Golden Matrix Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Golden Matrix Group. It is also known as Golden Matrix overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most accounts from Golden Matrix's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Golden Matrix Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of now, Golden Matrix's Total Operating Expenses is increasing as compared to previous years. The Golden Matrix's current Gross Profit is estimated to increase to about 11.9 M, while Operating Income is projected to decrease to (635.4 K).
| 2023 | 2024 (projected) | Tax Provision | 615.0K | 546.6K | Interest Income | 65.6K | 34.0K |
Golden Matrix income statement Correlations
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Golden Matrix Account Relationship Matchups
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Golden Matrix income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Selling General Administrative | 581.6K | 2.8M | 8.9M | 10.4M | 12.0M | 12.6M | |
| Other Operating Expenses | 534.8K | 603.6K | 4.8M | 35.8M | 41.2M | 43.3M | |
| Operating Income | 1.8M | 399.3K | 192.5K | (526.2K) | (605.2K) | (635.4K) | |
| Ebitda | (883.6K) | 2.2M | 400.9K | 609.1K | 700.5K | 735.5K | |
| Total Operating Expenses | 581.6K | 2.8M | 9.0M | 44.7M | 51.4M | 54.0M | |
| Income Before Tax | 1.8M | 398.1K | 463.1K | (489.4K) | (562.9K) | (591.0K) | |
| Net Income | 1.8M | 398.1K | 44.0K | (1.2M) | (1.3M) | (1.4M) | |
| Gross Profit | 2.9M | 3.2M | 9.2M | 9.9M | 11.3M | 11.9M | |
| Cost Of Revenue | 22.0K | 2.0M | 26.9M | 34.3M | 39.5M | 41.4M | |
| Income Tax Expense | 1.7M | 42.4K | 10.2K | 419.0K | 377.1K | 358.3K | |
| Depreciation And Amortization | 107.3K | 206.8K | 1.6K | 416.6K | 479.1K | 558.5K | |
| Total Other Income Expense Net | (471.5K) | 9.0K | 270.6K | (7.8K) | (9.0K) | (9.4K) | |
| Total Revenue | 2.9M | 5.2M | 36.0M | 44.2M | 50.8M | 53.3M | |
| Net Income From Continuing Ops | (1.3M) | 1.8M | 398.1K | (1.2M) | (1.3M) | (1.4M) | |
| Net Interest Income | (162.0K) | (37.2K) | (10.2K) | 44.6K | 51.3K | 53.9K |
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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Movies & Entertainment space 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 (1.00) | Earnings Share (0.02) | Revenue Per Share 2.391 | Quarterly Revenue Growth 0.748 | 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.