Golden Matrix Group, Inc. (GMGI) financial statements (2021 and earlier)

Company profile

Business Address 3651 LINDELL ROAD, STE D131
LAS VEGAS, NV 89103
State of Incorp.
Fiscal Year End July 31
SIC 10 - Metal Mining (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

1/31/2020
TTM
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
7/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,8571,731447252 1
Cash and cash equivalents1,8571,731447252 1
Receivables1,86126537263104379
Prepaid expense  1    
Other undisclosed current assets 1,009   20 
Total current assets:3,7183,00582088126380
Noncurrent Assets
Property, plant and equipment     42
Other undisclosed noncurrent assets     8183
Total noncurrent assets:     8585
TOTAL ASSETS:3,7183,0058208812148165
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:26411421363583
Accounts payable    259 22
Interest and dividends payable42     61
Settlement liabilities2901459    
Other undisclosed accounts payable and accrued liabilities(306)(104)521(223)35 
Debt1841050911,680 521
Derivative instruments and hedges, liabilities1515121361,940 479
Due to related parties6621,56149679678 11
Other undisclosed current liabilities3622001,1316702592,936 
Total current liabilities:1,2491,8272,1611,6243,9942,9711,095
Noncurrent Liabilities
Long-term debt and lease obligation 145     
Long-term debt, excluding current maturities 145     
Liabilities, other than long-term debt 21     
Accounts payable and accrued liabilities 21     
Other undisclosed noncurrent liabilities (21)     
Total noncurrent liabilities: 145     
Total liabilities:1,2491,9722,1611,6243,9942,9711,095
Stockholders' equity
Stockholders' equity attributable to parent, including:2,4691,033(1,341)(1,536)(3,981)(2,823)(930)
Common stock282826143,4721,434
Additional paid in capital27,89427,44326,84125,35124,70612,38913,700
Accumulated other comprehensive loss(1)(1)(1)(1)(1)(1)(1)
Accumulated deficit(25,453)(26,438)(28,208)(26,889)(28,690)(18,684)(16,063)
Other undisclosed stockholders' equity attributable to parent   2   
Other undisclosed stockholders' equity    0  
Total stockholders' equity:2,4691,033(1,341)(1,536)(3,981)(2,823)(930)
TOTAL LIABILITIES AND EQUITY:3,7183,0058208812148165

Income statement (P&L) ($ in thousands)

1/31/2020
TTM
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
7/31/2014
Revenues1,12145391612020  
Revenue from related parties2,1682,429916
Cost of revenue139 (72)(50)   
Cost of goods and services sold   (50)   
Other undisclosed gross profit2,0892,407     
Gross profit:3,3482,8608447020  
Operating expenses(1,307)(1,048)(1,835)(320)(5,216)(2,011)(518)
Other undisclosed operating loss     (29) 
Operating income (loss):2,0411,812(991)(250)(5,196)(2,040)(518)
Nonoperating income (expense)5142(327)2,052(4,810)222 
Investment income, nonoperating     222 
Other nonoperating income (expense)5142(327)2,052(4,810)  
Interest and debt expense55450854(2,701) (862)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (803) 
Income (loss) from continuing operations before income taxes:2,1461,900(1,318)2,655(12,708)(2,621)(1,380)
Income tax benefit     1,782 
Income (loss) from continuing operations:2,1461,900(1,318)2,655(12,708)(839)(1,380)
Loss from discontinued operations(32)(22)     
Other undisclosed loss before gain (loss) on sale of properties(22)      
Income (loss) before gain (loss) on sale of properties:2,0921,878(1,318)2,655(12,708)(839)(1,380)
Other undisclosed net income (loss)(108)(108)   (1,782)0
Net income (loss):1,9841,770(1,318)2,655(12,708)(2,621)(1,380)
Other undisclosed net income (loss) attributable to parent17 (0)(854)2,701 (0)
Net income (loss) available to common stockholders, basic:2,0011,770(1,318)1,801(10,006)(2,621)(1,380)
Interest on convertible debt     (803) 
Net income (loss) available to common stockholders, diluted:2,0011,770(1,318)1,801(10,006)(3,424)(1,380)

Comprehensive Income ($ in thousands)

1/31/2020
TTM
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
7/31/2014
Net income (loss):1,9841,770(1,318)2,655(12,708)(2,621)(1,380)
Comprehensive income (loss):1,9841,770(1,318)2,655(12,708)(2,621)(1,380)
Other undisclosed comprehensive loss, net of tax, attributable to parent      (0)
Comprehensive income (loss), net of tax, attributable to parent:1,9841,770(1,318)2,655(12,708)(2,621)(1,380)

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.

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