MRDN Q1 2023 Earnings — Golden Matrix Group, Inc. Revenue & Financial Results | Market Cap Arena

MRDNGolden Matrix Group, Inc.

$10M

Q1 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$10M+21.5% YoY

Gross Profit

$2M20.0% margin

Operating Income

-$490,733-4.8% margin

Net Income

-$533,753-5.2% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-4.4%

Cash Flow

Operating Cash Flow

$333,681

Free Cash Flow

$323,080

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$35M

Total Liabilities

$4M

Stockholders' Equity

$31M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10M	$8M	+21.5%
Gross Profit	$2M	$3M	-18.9%
Operating Income	-$490,733	$758,534	-164.7%
Net Income	-$533,753	$586,984	-190.9%