Golden Matrix Group Inc. (NASDAQ: GMGI) Records 14th Profitable Quarter on the Trot
Golden Matrix Group is a gaming technology and e-sports company, operating its own gaming IP alongside providing white-label gaming platforms for third-parties Golden Matrix reports Revenues of $8,877,105 & net income of $349,379 in the quarter ending January 2022, their 14th consecutive quarter of profitability The company have based their profitability on minimizing user acquisition costs and maximising lifetime customer value Golden Matrix, via its successful R Kings B2C Tournament platform, has devised a new method to attract customers through the use of online prize draws, drawing in upwards of 90,000 new users per quarter The onset of the pandemic…