Golden Matrix Group, Inc. (GMGI) financial statements (2022 and earlier)
Company profile
| Business Address |
3651 LINDELL ROAD, STE D131 LAS VEGAS, NV 89103 |
| State of Incorp. | NV |
| Fiscal Year End | October 31 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 1/31/2022 TTM | 1/31/2021 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 15,242 | 11,706 | 1,731 | 447 | 25 | 2 | |||
| Cash and cash equivalents | 15,242 | 11,706 | 1,731 | 447 | 25 | 2 | |||
| Receivables | 2,243 | 1,697 | 265 | 372 | 63 | 10 | 43 | ||
| Inventory, net of allowances, customer advances and progress billings | 852 | ||||||||
| Inventory | 852 | ||||||||
| Prepaid expense | 110 | 411 | 1 | ||||||
| Other undisclosed current assets | 57 | 1,009 | 20 | ||||||
| Total current assets: | 18,504 | 13,815 | 3,005 | 820 | 88 | 12 | 63 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 237 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 31 | 4 | |||||||
| Intangible assets, net (including goodwill) | 13,229 | ||||||||
| Goodwill | 10,719 | ||||||||
| Intangible assets, net (excluding goodwill) | 2,510 | ||||||||
| Other undisclosed noncurrent assets | 135 | 81 | |||||||
| Total noncurrent assets: | 13,631 | 85 | |||||||
| TOTAL ASSETS: | 32,135 | 13,815 | 3,005 | 820 | 88 | 12 | 148 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,208 | 79 | 41 | 14 | 21 | 36 | 35 | ||
| Accounts payable | 259 | ||||||||
| Taxes payable | 592 | ||||||||
| Interest and dividends payable | 0 | 0 | |||||||
| Settlement liabilities | 145 | 9 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 615 | 79 | (104) | 5 | 21 | (223) | 35 | ||
| Deferred revenue | 1,367 | ✕ | ✕ | ✕ | ✕ | ||||
| Debt | 10 | 509 | 1 | 1,680 | |||||
| Derivative instruments and hedges, liabilities | 15 | 12 | 136 | 1,940 | |||||
| Due to related parties | 199 | 209 | 1,561 | 496 | 796 | 78 | |||
| Other undisclosed current liabilities | 1,640 | 265 | 200 | 1,131 | 670 | 259 | 2,936 | ||
| Total current liabilities: | 4,413 | 553 | 1,827 | 2,161 | 1,624 | 3,994 | 2,971 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 144 | 145 | |||||||
| Long-term debt, excluding current maturities | 145 | ||||||||
| Operating lease, liability | 144 | ✕ | ✕ | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 21 | ||||||||
| Accounts payable and accrued liabilities | 21 | ||||||||
| Other undisclosed noncurrent liabilities | (144) | (21) | |||||||
| Total noncurrent liabilities: | 144 | 145 | |||||||
| Total liabilities: | 4,557 | 553 | 1,972 | 2,161 | 1,624 | 3,994 | 2,971 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 27,578 | 13,262 | 1,033 | (1,341) | (1,536) | (3,981) | (2,823) | ||
| Common stock | 0 | 0 | 28 | 26 | 1 | 4 | 3,472 | ||
| Additional paid in capital | 48,828 | 38,321 | 27,443 | 26,841 | 25,351 | 24,706 | 12,389 | ||
| Accumulated other comprehensive income (loss) | 55 | (1) | (1) | (1) | (1) | (1) | (1) | ||
| Accumulated deficit | (24,075) | (25,073) | (26,438) | (28,208) | (26,889) | (28,690) | (18,684) | ||
| Other undisclosed stockholders' equity attributable to parent | 2,769 | 15 | 2 | ||||||
| Other undisclosed stockholders' equity | (2,769) | 0 | |||||||
| Total stockholders' equity: | 24,808 | 13,262 | 1,033 | (1,341) | (1,536) | (3,981) | (2,823) | ||
| Other undisclosed liabilities and equity | 2,769 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 32,135 | 13,815 | 3,005 | 820 | 88 | 12 | 148 | ||
Income statement (P&L) ($ in thousands)
| 1/31/2022 TTM | 1/31/2021 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 15,510 | 2,974 | 453 | 916 | 120 | 20 | ||
| Revenue from related parties | 2,132 | 2,249 | 2,429 | 916 | ✕ | ✕ | ✕ | |
| Cost of revenue | (9,839) | (2,000) | (72) | (50) | ||||
| Cost of goods and services sold | (9,839) | (2,000) | (50) | |||||
| Other undisclosed gross profit | (147) | 2,249 | 2,407 | |||||
| Gross profit: | 5,525 | 3,223 | 2,860 | 844 | 70 | 20 | ||
| Operating expenses | (4,327) | (2,824) | (1,048) | (1,835) | (320) | (5,216) | (2,011) | |
| Other undisclosed operating loss | (29) | |||||||
| Operating income (loss): | 1,198 | 399 | 1,812 | (991) | (250) | (5,196) | (2,040) | |
| Nonoperating income (expense) | 57 | (1) | 42 | (327) | 2,052 | (4,810) | 222 | |
| Investment income, nonoperating | 222 | |||||||
| Foreign currency transaction gain, before tax | 85 | |||||||
| Other nonoperating income (expense) | (27) | (1) | 42 | (327) | 2,052 | (4,810) | ||
| Interest and debt expense | (12) | 45 | 0 | 854 | (2,701) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (803) | |||||||
| Income (loss) from continuing operations before income taxes: | 1,255 | 386 | 1,900 | (1,318) | 2,655 | (12,708) | (2,621) | |
| Income tax expense (benefit) | (75) | 1,782 | ||||||
| Income (loss) from continuing operations: | 1,180 | 386 | 1,900 | (1,318) | 2,655 | (12,708) | (839) | |
| Loss from discontinued operations | (22) | |||||||
| Income (loss) before gain (loss) on sale of properties: | 1,180 | 386 | 1,878 | (1,318) | 2,655 | (12,708) | (839) | |
| Other undisclosed net loss | (108) | (1,782) | ||||||
| Net income (loss): | 1,180 | 386 | 1,770 | (1,318) | 2,655 | (12,708) | (2,621) | |
| Other undisclosed net income (loss) attributable to parent | (29) | 12 | (0) | (854) | 2,701 | |||
| Net income (loss) attributable to parent: | 1,151 | 398 | 1,770 | (1,318) | 1,801 | (10,006) | (2,621) | |
| Other undisclosed net loss available to common stockholders, basic | (64) | |||||||
| Net income (loss) available to common stockholders, basic: | 1,086 | 398 | 1,770 | (1,318) | 1,801 | (10,006) | (2,621) | |
| Interest on convertible debt | (803) | |||||||
| Net income (loss) available to common stockholders, diluted: | 1,086 | 398 | 1,770 | (1,318) | 1,801 | (10,006) | (3,424) | |
Comprehensive Income ($ in thousands)
| 1/31/2022 TTM | 1/31/2021 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,180 | 386 | 1,770 | (1,318) | 2,655 | (12,708) | (2,621) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 1,180 | 386 | 1,770 | (1,318) | 2,655 | (12,708) | (2,621) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.