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 55% to $105.3M, robust gross margins consistently above 55%, and a Price-to-Sales (P/S) ratio of 1.88.
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 a 55% growth rate and robust gross margins above 55%
- 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
