Golden Matrix | 10-Q: FY2025 Q2 Revenue Misses Estimate at USD 43.25 M

Revenue: As of FY2025 Q2, the actual value is USD 43.25 M, missing the estimate of USD 45.33 M.

EPS: As of FY2025 Q2, the actual value is USD -0.03.

Segment Revenue

• MeridianBet Group: Revenue for the six months ended June 30, 2025, was $56,934,460.
• GMAG: Revenue for the six months ended June 30, 2025, was $7,471,339.
• RKings & CFAC: Revenue for the six months ended June 30, 2025, was $21,562,622.

Operational Metrics

• Net Income: The net loss for the six months ended June 30, 2025, was - $3,990,108, compared to a net income of $3,964,648 for the same period in 2024.
• Gross Profit: Gross profit for the six months ended June 30, 2025, was $48,572,980, compared to $39,377,472 for the same period in 2024.
• Operating Expenses: Selling, general and administrative expenses for the six months ended June 30, 2025, were $50,983,847, compared to $35,558,239 for the same period in 2024.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities for the six months ended June 30, 2025, was $10,117,167.
• Free Cash Flow: Net cash used in investing activities for the six months ended June 30, 2025, was - $11,903,508.

Unique Metrics

• Foreign Exchange Gain: The company reported a foreign exchange gain of $370,213 for the six months ended June 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue expanding its operations and product offerings, with a focus on maintaining its competitive edge through continuous innovation and customer-centricity.
• Non-Core Business: The company is exploring opportunities to expand its operations in new markets, including the U.S., South America, and Africa, through its GM-X and GM-Ag Systems.