From Financial Modeling Prep: 2025-02-13 14:00:06

Meridianbet, a subsidiary of Golden Matrix Group, Inc. (NASDAQ:GMGI), achieved a record-breaking revenue of over $9 million in January 2025, marking a 24% year-over-year growth. The company experienced significant financial growth, with a 117% increase in retail sports revenue, 32% growth in gross profit, 44% increase in EBITDA, and 50% rise in net profit year-over-year.

With operations across 18 jurisdictions, Meridianbet saw a 7.52% increase in new players, showcasing strong customer attraction and retention. The company’s global expansion strategy is supported by its ability to engage customers through various platforms, positioning it for continued growth and long-term value for investors.



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