Golden Matrix Group (NASDAQ: GMGI) (“Golden Matrix”), a developer of online gaming platforms, announced today its listing on the Nasdaq Capital Market under the ticker “GMGI.”
Golden Matrix specializes in creating gaming platforms for a large variety of customers internationally, with 24/7 gaming support, licensing, accounting, management, and gaming content. Its GM-X platform offers access to over 10,000 games across over 25 providers, with various software packages available for creating gaming websites.
“We expect the uplisting to significantly improve the Company’s visibility, broaden our base of both retail and institutional stakeholders, and lead to enhanced long-term shareholder value,” said CEO Brian Goodman. “Additionally, we believe this uplisting will further strengthen our ability to execute on the Company’s acquisition strategy with the goal of accelerating both revenue and profit growth going forward.”
Golden Matrix released its first fiscal quarter financial results on March 8, 2022, which included its highest revenues so far – a total of $8,877,105 – and 14 consecutive quarters of profitability. The company’s acquisition of UK-based RKings, which happened on November 1, 2021, also brought in $5.5 million of those revenues.
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