Golden Matrix (US:GMGI)2025-03-24 19:20Financial Data and Key Metrics Changes - Golden Matrix Group reported strong revenue growth in fiscal year 2024, with total revenue increasing significantly, reflecting a transformational year with disciplined cost management [3][4] - For Q1 2025, the company anticipates revenue between $42 million to $45 million, indicating a year-over-year growth rate of approximately 69% to 81% [7] Business Line Data and Key Metrics Changes - Meridian Bet, a key division, experienced a 14% increase in total revenue, rising from $93 million in 2023 to $106 million in 2024 [5] - Online revenue for Meridian Bet grew by 18%, reaching $80 million, while retail revenue increased by 4% to $23 million [5] - Online casino GGR surged by 24%, increasing from $34 million in 2023 to $43 million in 2024, driven by the addition of over 2,800 new games and increased player activity [5] Market Data and Key Metrics Changes - The company is focusing on expanding into new markets, including Brazil and other high-growth jurisdictions, to enhance its market presence and capitalize on growth opportunities [6] Company Strategy and Development Direction - The company aims to enhance profitability and accelerate growth by optimizing its capital structure, enhancing AI-driven personalization, and expanding its product portfolio, including high-margin live betting and next-gen gaming experiences [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for continued growth and profitability, highlighting strong operational resilience and strategic execution across diverse business units [4][6] - The outlook for 2025 is optimistic, with expectations for another record-setting year [8] Other Important Information - The company emphasizes a multi-pronged and diversified approach to capitalize on high-growth opportunities in both B2B and B2C segments [4] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating that the conference concluded without a Q&A segment [9]