Golden Matrix Group (NASDAQ:GMGI – Get Rating) is one of 426 publicly-traded companies in the “Prepackaged software” industry, but how does it contrast to its peers? We will compare Golden Matrix Group to similar businesses based on the strength of its valuation, analyst recommendations, profitability, dividends, institutional ownership, risk and earnings.
Profitability
This table compares Golden Matrix Group and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Golden Matrix Group | -2.75% | -3.51% | -3.12% |
| Golden Matrix Group Competitors | -55.54% | -90.33% | -10.21% |
Analyst Ratings
This is a summary of current ratings and recommmendations for Golden Matrix Group and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Golden Matrix Group | 0 | 0 | 1 | 0 | 3.00 |
| Golden Matrix Group Competitors | 1911 | 12711 | 26394 | 607 | 2.62 |
Insider & Institutional Ownership
2.9% of Golden Matrix Group shares are owned by institutional investors. Comparatively, 54.2% of shares of all “Prepackaged software” companies are owned by institutional investors. 55.5% of Golden Matrix Group shares are owned by insiders. Comparatively, 19.2% of shares of all “Prepackaged software” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Earnings & Valuation
This table compares Golden Matrix Group and its peers top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Golden Matrix Group | $37.94 million | -$250,000.00 | -125.50 |
| Golden Matrix Group Competitors | $2.13 billion | $226.74 million | 7.61 |
Golden Matrix Group’s peers have higher revenue and earnings than Golden Matrix Group. Golden Matrix Group is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
Golden Matrix Group beats its peers on 7 of the 12 factors compared.
Golden Matrix Group Company Profile
Golden Matrix Group, Inc. engages in the provision of turnkey and white label gaming platforms, Esports technology, and gaming content. The firm develops and owns online gaming IP and builds configurable and scalable white-label B2B gaming platforms. It operates through the B2B and B2C segments. The B2B segment is involved in the charges of usage of the company’s software and royalties charged on the use of third-party gaming content. The B2C segment focuses on the charges to enter prize competitions in the UK. The company was founded by Weiting Feng on June 4, 2008 and is headquartered in Las Vegas, NV.
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