Meridianbet Reports Over $9 Million in January 2025 Revenue, Achieving 24% YoY Growth
Portfolio Pulse from
Meridianbet, part of Golden Matrix Group, Inc. (NASDAQ: GMGI), reported over $9 million in revenue for January 2025, a 24% increase year-over-year, marking its strongest month ever. However, these results are not consolidated into GMGI's financials.
February 11, 2025 | 7:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Golden Matrix Group's subsidiary, Meridianbet, reported a record $9 million in January 2025 revenue, a 24% YoY increase. However, these results are not part of GMGI's consolidated financials.
Meridianbet's strong revenue growth is a positive indicator for Golden Matrix Group, suggesting potential for future growth. However, since these results are not consolidated into GMGI's financials, the direct impact on GMGI's stock may be limited.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80