Golden Other Operating Expenses from 2010 to 2024

GMGI Stock  USD 1.98  0.06  3.13%   
Golden Matrix's Other Operating Expenses is increasing with slightly volatile movements from year to year. Other Operating Expenses is estimated to finish at about 54 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2008-10-31
Previous Quarter
30.2 M
Current Value
42 M
Quarterly Volatility
7.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Matrix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Matrix's main balance sheet or income statement drivers, such as Selling General Administrative of 12.6 M, Other Operating Expenses of 54 M or EBITDA of 4.7 K, as well as many indicators such as Price To Sales Ratio of 3.03, Dividend Yield of 0.0 or PTB Ratio of 3.16. Golden financial statements analysis is a perfect complement when working with Golden Matrix Valuation or Volatility modules.
  
Check out the analysis of Golden Matrix Correlation against competitors.

Latest Golden Matrix's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Golden Matrix Group over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Golden Matrix Group. It is also known as Golden Matrix overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Golden Matrix's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Matrix's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Golden Other Operating Expenses Regression Statistics

Arithmetic Mean16,433,034
Geometric Mean2,281,488
Coefficient Of Variation135.74
Mean Deviation19,977,045
Median2,039,931
Standard Deviation22,306,565
Sample Variance497.6T
Range54M
R-Value0.85
Mean Square Error153.1T
R-Squared0.71
Significance0.000073
Slope4,215,633
Total Sum of Squares6966.2T

Golden Other Operating Expenses History

202454 M
202351.4 M
202244.7 M
202135.8 M
202046.1 M
20194.8 M
2018603.6 K

About Golden Matrix Financial Statements

Investors use fundamental indicators, such as Golden Matrix's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Golden Matrix's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Operating Expenses51.4 M54 M

Currently Active Assets on Macroaxis

When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:
Check out the analysis of Golden Matrix Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Matrix. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Earnings Share
(0.02)
Revenue Per Share
2.391
Quarterly Revenue Growth
0.748
Return On Assets
0.0014
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.