Golden Gross Profit from 2010 to 2024

GMGI Stock  USD 2.04  0.09  4.23%   
Golden Matrix's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about 11.9 M this year. Gross Profit is the profit Golden Matrix Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2009-01-31
Previous Quarter
21.7 M
Current Value
22.4 M
Quarterly Volatility
5.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Matrix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Matrix's main balance sheet or income statement drivers, such as Selling General Administrative of 12.6 M, Other Operating Expenses of 54 M or EBITDA of 4.7 K, as well as many indicators such as Price To Sales Ratio of 3.03, Dividend Yield of 0.0 or PTB Ratio of 3.16. Golden financial statements analysis is a perfect complement when working with Golden Matrix Valuation or Volatility modules.
  
Check out the analysis of Golden Matrix Correlation against competitors.

Latest Golden Matrix's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Golden Matrix Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Golden Matrix Group minus its cost of goods sold. It is profit before Golden Matrix operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Golden Matrix's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Matrix's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 9.16 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Golden Gross Profit Regression Statistics

Arithmetic Mean6,336,080
Geometric Mean0.00
Coefficient Of Variation186.86
Mean Deviation7,515,666
Median843,801
Standard Deviation11,839,307
Sample Variance140.2T
Range45.8M
R-Value0.52
Mean Square Error110.4T
R-Squared0.27
Significance0.05
Slope1,371,847
Total Sum of Squares1962.4T

Golden Gross Profit History

202411.9 M
202311.3 M
20229.9 M
20219.2 M
202045.8 M
20193.2 M
20182.9 M

Other Fundumenentals of Golden Matrix Group

Golden Matrix Gross Profit component correlations

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1.0-0.940.680.660.960.94-0.560.940.170.950.95-0.70.761.00.97-0.92
-0.93-0.94-0.6-0.49-0.89-0.880.62-0.81-0.03-0.9-0.830.73-0.78-0.94-0.980.98
0.680.68-0.60.490.720.57-0.330.660.130.730.72-0.440.480.680.67-0.59
0.710.66-0.490.490.720.720.110.80.620.690.78-0.160.310.690.58-0.48
0.970.96-0.890.720.720.96-0.470.960.190.990.98-0.630.640.960.93-0.85
0.940.94-0.880.570.720.96-0.460.950.250.950.95-0.610.610.930.88-0.82
-0.51-0.560.62-0.330.11-0.47-0.46-0.430.34-0.47-0.450.5-0.42-0.51-0.540.57
0.950.94-0.810.660.80.960.95-0.430.30.930.99-0.570.60.930.86-0.77
0.220.17-0.030.130.620.190.250.340.30.160.260.190.040.20.1-0.01
0.960.95-0.90.730.690.990.95-0.470.930.160.96-0.640.640.960.93-0.86
0.960.95-0.830.720.780.980.95-0.450.990.260.96-0.590.620.950.89-0.8
-0.67-0.70.73-0.44-0.16-0.63-0.610.5-0.570.19-0.64-0.59-0.56-0.67-0.710.75
0.730.76-0.780.480.310.640.61-0.420.60.040.640.62-0.560.750.8-0.76
1.01.0-0.940.680.690.960.93-0.510.930.20.960.95-0.670.750.97-0.92
0.960.97-0.980.670.580.930.88-0.540.860.10.930.89-0.710.80.97-0.98
-0.91-0.920.98-0.59-0.48-0.85-0.820.57-0.77-0.01-0.86-0.80.75-0.76-0.92-0.98
Click cells to compare fundamentals

About Golden Matrix Financial Statements

Investors use fundamental indicators, such as Golden Matrix's Gross Profit, to determine how well the company is positioned to perform in the future. Although Golden Matrix's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit11.3 M11.9 M
Gross Profit Margin 0.26  0.24 

Currently Active Assets on Macroaxis

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 the analysis of Golden Matrix Correlation against competitors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.