Golden Matrix Group Inc
For the period ended Oct 31, 2023. Filed Jan 17, 2024.
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FY2023 · Filed Jan 17, 2024
MRDN$6.24-23.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income
| Consolidated Statements of Operations and Comprehensive Income (Loss) | ||
|---|---|---|
| For the Year Ended October 31, | ||
| 2023 | 2022 | |
| Revenues | $43,511,520 | $35,172,483 |
| Revenues-related party | 662,532 | 862,373 |
| Total revenues | 44,174,052 | 36,034,856 |
| Cost of goods sold | (34,305,181) | (26,872,229) |
| Gross profit | 9,868,871 | 9,162,627 |
| Costs and expenses: | ||
| G&A expense | 8,431,192 | 6,128,998 |
| G&A expense- related party | 1,963,926 | 2,841,137 |
| Total operating expenses | 10,395,118 | 8,970,135 |
| Income (loss) from operations | (526,247) | 192,492 |
| Other income (expense): | ||
| Interest expense | (12,400) | - |
| Interest earned | 57,004 | 9,190 |
| Foreign exchange gain | (7,801) | 261,395 |
| Total other income | 36,803 | 270,585 |
| Net income (loss) before tax | (489,444) | 463,077 |
| Provision for income taxes | 683,306 | 419,049 |
| Net income (loss) | (1,172,750) | 44,028 |
| Less: Net income attributable to noncontrolling interest | - | 294,066 |
| Net loss attributable to GMGI | $(1,172,750) | $(250,038) |
| Weighted average ordinary shares outstanding: | ||
| Basic | 35,420,696 | 28,042,001 |
| Diluted | 35,420,696 | 28,042,001 |
| Net income (loss) per ordinary share attributable to GMGI: | ||
| Basic | $(0.03) | $(0.01) |
| Diluted | $(0.03) | $(0.01) |
| Net income (loss) | $(1,172,750) | 44,028 |
| Foreign currency translation adjustments | 132,588 | (204,027) |
| Comprehensive loss | (1,040,162) | (159,999) |
| Less: Net income attributable to noncontrolling interest | - | 294,066 |
| Comprehensive loss attributable to GMGI | $(1,040,162) | $(454,065) |
Golden Matrix Group, Inc. and Subsidiary
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