MRDN Q2 2023 Earnings — Golden Matrix Group, Inc. Revenue & Financial Results | Market Cap Arena

MRDNGolden Matrix Group, Inc.

$10M

Q2 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$11M+24.2% YoY

Gross Profit

$2M18.9% margin

Operating Income

-$892,099-7.9% margin

Net Income

-$965,628-8.5% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$334,105

Free Cash Flow

$333,940

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	$11M	$9M	+24.2%
Gross Profit	$2M	$2M	-13.9%
Operating Income	-$892,099	$729,312	-222.3%
Net Income	-$965,628	$628,332	-253.7%