TinyGemsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases FY 2022 Financial Numbers, Reports Record Revenue
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, has released a financial report for FY 2022, the year ended Oct. 31, 2022. Highlights of the report included full-year revenues of $36 million, a 219% increase from the previous year and a revenue record for the company. The report also showed Adjusted EBITDA of more than $3.5 million, cash and cash equivalents of $14.9 million, total assets of $32.5 million and total liabilities of $2,774,932. In addition, the company reported shareholders equity had increased 42%, from $18.9 million in…