Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership
Golden Matrix Group (NASDAQ: GMGI) has released its 2025 gaming business outlook, highlighting significant achievements and growth prospects. The company reported impressive year-to-date revenue of $105.3 million, marking a 55% growth rate. GMGI maintains strong gross margins exceeding 55% and currently trades at a Price-to-Sales ratio of 1.88, which is below the industry average of 3-5. The company's strategic expansion includes market entry into Brazil and pending licensing in New Jersey, positioning itself for growth in new markets.
Golden Matrix Group (NASDAQ: GMGI) ha pubblicato le sue previsioni per il settore dei giochi nel 2025, evidenziando risultati significativi e prospettive di crescita. L'azienda ha riportato un impressionante fatturato da inizio anno di 105,3 milioni di dollari, segnando un tasso di crescita del 55%. GMGI mantiene forti margini lordi superiori al 55% e attualmente viene scambiata a un rapporto Prezzo-Fatturato di 1,88, inferiore alla media del settore che è di 3-5. L'espansione strategica dell'azienda include l'ingresso nel mercato brasiliano e l'attesa di una licenza nel New Jersey, posizionandosi per una crescita in nuovi mercati.
Golden Matrix Group (NASDAQ: GMGI) ha publicado su perspectiva de negocios de juegos para 2025, destacando logros significativos y perspectivas de crecimiento. La compañía reportó un impresionante ingreso acumulado de 105.3 millones de dólares, marcando una tasa de crecimiento del 55%. GMGI mantiene fuertes márgenes brutos que superan el 55% y actualmente cotiza a un ratio Precio-Ventas de 1.88, que está por debajo de la media de la industria de 3-5. La expansión estratégica de la compañía incluye la entrada al mercado de Brasil y una licencia pendiente en Nueva Jersey, posicionándose para crecer en nuevos mercados.
골든 매트릭스 그룹 (NASDAQ: GMGI)는 2025년 게임 비즈니스 전망을 발표하며 중요한 성과와 성장 가능성을 강조했습니다. 이 회사는 올해 누적 수익 1억 5천3백만 달러를 보고하여 55% 성장률을 기록했습니다. GMGI는 55% 이상의 강력한 총 마진을 유지하고 있으며 현재 주가 매출 비율 1.88로 거래되고 있어, 산업 평균인 3-5보다 낮습니다. 회사의 전략적 확장은 브라질 시장 진출 및 뉴저지에서의 라이선스 승인을 기다리고 있으며, 새로운 시장에서의 성장을 위해 자신을 포지셔닝하고 있습니다.
Golden Matrix Group (NASDAQ: GMGI) a publié ses prévisions pour le secteur des jeux en 2025, mettant en lumière des réalisations significatives et des perspectives de croissance. La société a rapporté un chiffre d'affaires impressionnant de 105,3 millions de dollars depuis le début de l'année, affichant un taux de croissance de 55%. GMGI maintient de fortes marges brutes dépassant 55% et se négocie actuellement à un ratio Prix-Ventes de 1,88, ce qui est en dessous de la moyenne de l'industrie qui se situe entre 3 et 5. L'expansion stratégique de l'entreprise comprend l'entrée sur le marché brésilien et une licence en attente dans le New Jersey, se positionnant ainsi pour une croissance dans de nouveaux marchés.
Golden Matrix Group (NASDAQ: GMGI) hat seinen Ausblick für das Gaming-Geschäft im Jahr 2025 veröffentlicht und dabei bedeutende Erfolge sowie Wachstumsperspektiven hervorgehoben. Das Unternehmen berichtete von einem beeindruckenden Umsatz von 105,3 Millionen Dollar seit Jahresbeginn, was einem Wachstumsrate von 55% entspricht. GMGI hält starke Bruttomargen von über 55% und wird derzeit mit einem Preis-Umsatz-Verhältnis von 1,88 gehandelt, was unter dem Branchenmittelwert von 3-5 liegt. Die strategische Expansion des Unternehmens umfasst den Markteintritt in Brasilien sowie eine anstehende Lizenzierung in New Jersey, wodurch es sich für Wachstum in neuen Märkten positioniert.
- 55% year-to-date revenue growth to $105.3M
- Robust gross margins above 55%
- P/S ratio of 1.88 indicates potential undervaluation compared to industry average of 3-5
- Strategic expansion into Brazil market
- Pending New Jersey gaming license
- None.
Insights
GMGI's financial metrics paint a compelling picture of operational excellence. The 55% revenue growth to
Market expansion into Brazil, Latin America's largest economy and pending New Jersey licensing represent significant growth catalysts. Brazil's gaming market is projected to reach
The proprietary technology leadership mentioned is particularly noteworthy in the competitive gaming landscape. Gaming platforms require sophisticated player management systems, payment processing capabilities and robust security protocols. GMGI's consistent margin maintenance at
The Brazil and New Jersey expansion strategy demonstrates the platform's adaptability to different regulatory frameworks and market requirements. This technical flexibility is important for rapid market penetration and maintaining competitive advantages in new territories.
Las Vegas, Nevada--(Newsfile Corp. - December 31, 2024) - Golden Matrix Group (NASDAQ: GMGI), today announced a preview of its 2025 business growth opportunities in the gaming and technology sectors. This follows its year-to-date revenue growth of
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Golden Matrix Group (GMGI) achieved
$105.3M in year-to-date revenue, reflecting a55% growth rate and robust gross margins above55% - Currently at a Price-to-Sales ratio of 1.88, below the industry average of 3-5
- Entry into Brazil and pending licensing in New Jersey to capitalize on new markets, as part of its growth strategy
Click image above to view full announcement.
About:
Founded in 2001 and part of the Golden Matrix (NASDAQ: GMGI), Meridianbet Group is a well-established online sports betting and gaming group, licensed and/or currently operating in 17 jurisdictions across Europe, Africa, and South America. Meridianbet's successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online, and mobile.
Contact information:
Milan Koricanac, Head of Global PR
milan.koricanac@meridianbet.com
Source: Meridianbet Group
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235642
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