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Golden Matrix Q3 2025 Financial Results and Business Performance FAQ

By NewsRamp Editorial Team

TL;DR

Golden Matrix Group's 18% gross profit growth and 32% EBITDA increase provide investors with strong financial leverage and competitive advantage in online gaming markets.

Golden Matrix achieved these results through disciplined cost management, marketing optimization, and scalable platform operations across both B2B and B2C gaming segments.

The company's growth creates job opportunities, expands regulated gaming access globally, and supports economic development in emerging markets like Latin America.

Golden Matrix's Classics for a Cause campaign broke company records, generating $776K from 10,000 packages and 1,700 new customers in a single promotion.

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Golden Matrix Q3 2025 Financial Results and Business Performance FAQ

Golden Matrix reported Q3 2025 revenue of $47.3 million (up 15% YoY), net income of $0.4 million (returning to profitability from a $3.3 million loss in Q3 2024), gross profit of $26.4 million (up 18% YoY), and adjusted EBITDA of $5.7 million (up 32% YoY).

The company has reduced total debt by $25.9 million (-37%) to $45 million, improved net debt leverage to 1.2× annual Adjusted EBITDA, and maintained $22 million in cash, significantly strengthening its balance sheet.

Revenue growth is primarily driven by expansion in online casino and raffle operations, with strong performance across both B2B and B2C divisions, particularly in Latin American markets.

Meridianbet delivered exceptional performance with revenue rising 26% YoY to $32.5 million, driven by 30% growth in online casino GGR to $14.6 million and 25% growth in sports betting revenue to $13.3 million.

The company has tightened its FY 2025 revenue guidance to $186-$187 million, representing 23-24% year-over-year growth compared to previous guidance.

The company achieved a 56% gross profit margin (up 111 basis points YoY) through marketing optimization and favorable product mix, while adjusted EBITDA margin reached 12% due to disciplined cost management and higher operating efficiency.

Results were driven by product innovation, operational efficiency, strong user engagement across segments, and RKings' new CRM rollout which will enhance customer engagement and lifetime value.

Meridianbet's player base expanded significantly with depositors up 25% year-over-year and new registrations up 70%, indicating strong customer acquisition and engagement.

The return to profitability demonstrates the scalability of the company's model and effective execution of its growth strategy, marking a significant turnaround from the $3.3 million net loss in the same quarter last year.

Curated from NewMediaWire

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NewsRamp Editorial Team

NewsRamp Editorial Team

@newsramp

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