Golden Matrix reports Q1 EPS 9c vs. (1c) last year

Reports Q1 revenue $11.8M vs. $10.78M last year. “We are exceptionally pleased with the company’s performance in Q1 to kick-off the new fiscal year,” said Golden Matrix CEO Brian Goodman. “We achieved positive GAAP earnings and adjusted EBITDA of almost $1.2 million, we set multiple records, delivering our highest ever quarterly results for Revenue, Total Assets, Shareholder Equity and Cash-on-Hand. The company is well-positioned for continued growth within its B2B and B2C divisions. We continue to make significant progress towards closing the pending MeridianBet acquisition and look forward to working to boost top-line growth and profitability once these two world class businesses have been combined.”