Tag Archives: Golden Matrix Group

MeridianBet makeover sees GMGI top $39m revenues

SBC News MeridianBet makeover sees GMGI top $39m revenues

Golden Matrix Group Inc (GMGI) has underscored its corporate transformation, boosted by the acquisition of MeridianBet Group, a deal completed in April 2024. The Nasdaq-listed technology group issued a ‘preliminary notice’, forecasting its corporate revenues to top $39m for Q2 trading (period ending 30 June). Of significance, period trading saw GMGI align MeridianBet’s financial results with its fiscal calendar, reporting …

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Golden Matrix flexes financial stability post-Meridianbet acquisition

SBC News Golden Matrix flexes financial stability post-Meridianbet acquisition

Online gaming platform Golden Matrix Group has published its financial performance after acquiring Meridianbet. The company’s pro forma financial statements were filed with the US Securities and Exchange Commission (SEC).  According to the statements, Golden Matrix’s pro forma combined financial results for the fiscal 2023 showed total revenue of $137.17m, with a gross margin of 56.95%.  The pro forma combined …

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Meridian Bet nets 24% growth ahead of Golden Matrix acquisition

SBC News Meridian Bet nets 24% growth ahead of Golden Matrix acquisition

Dealmakers of the $300m acquisition of Meridian Bet Group by Golden Matrix Group (GMGI) expect the deal to be closed by the end of Q1 2024 trading. First announced on 12 January 2023, the deal’s forthcoming closure was detailed by the management of Meridian Bet via the publishing of a ‘corporate progress and pending acquisition report’. Following several amendments, Meridian …

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