| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | -3,576,306 | -3,990,108 |
| Fair value of stock-based compensation | 3,003,054 | 2,456,639 |
| Non-cash interest expense related to debt discount amortization | 2,025,763 | 1,950,094 |
| Unrealized foreign exchange loss on contingent liability | - | 0 |
| Amortization of intangible assets | 7,193,854 | 4,618,020 |
| Depreciation of property, plant and equipment | 4,193,434 | 2,780,271 |
| Bad debt expense | 229,239 | 168,929 |
| (increase) decrease in accounts receivable | 1,414,498 | 1,190,337 |
| (increase) decrease in accounts receivable - related party | -163,623 | -101,311 |
| (increase) decrease in taxes receivable | -62,764 | -17,468 |
| (increase) decrease in prepaid expenses | -9,008 | 196,491 |
| (increase) decrease in other current assets | -511,107 | -106,245 |
| (increase) decrease in inventories | 1,430,867 | 470,500 |
| (increase) decrease in deposits | 510,361 | 502,217 |
| (increase) decrease in other non-current assets | -10,394 | -45,906 |
| Increase (decrease) in accounts payable and accrued liabilities | 6,169,306 | 4,530,082 |
| Increase (decrease) in accounts payable - related party | 316,660 | 420,011 |
| Increase (decrease) in taxes payable | 325,554 | -804,244 |
| Increase (decrease) in deferred revenues | -91,845 | -3,876 |
| Increase (decrease) in customer deposit | 306 | 54,865 |
| Increase (decrease) in other current liabilities | 100,723 | 125,649 |
| Increase (decrease) in other liabilities | -881,463 | -304,644 |
| Increase (decrease) in operating lease liabilities | 740,146 | 204,094 |
| Net cash provided by operating activities | 17,149,595 | 10,117,167 |
| Cash paid for intangible assets | 8,229,598 | 5,976,880 |
| Cash paid for investments | 26,714 | 26,318 |
| Cash paid for property, plant and equipment | 4,424,257 | 3,574,317 |
| Cash paid for purchase of subsidiaries | 715,650 | 715,650 |
| Cash assumed from investment in subsidiaries | 0 | - |
| Cash distribution to former owners of meridianbet group in connection with the purchase | 1,709,971 | 1,610,343 |
| Cash assumed from acquisition with golden matrix | 0 | 0 |
| Net cash used in investing activities | -15,106,190 | -11,903,508 |
| Repayment on debt | 17,989,308 | 15,060,133 |
| Proceeds from loans and borrowings | 1,172,000 | 1,172,000 |
| Proceeds from sale of note and warrant | 0 | - |
| Proceeds from sale of stock | 1,692,430 | 632,813 |
| Repayment of lease | 1,999,714 | 1,093,927 |
| Payments of dividends | 0 | -48,072 |
| Share repurchase | 0 | - |
| Proceeds from option exercise | 0 | 0 |
| Net cash provided by (used in) financing activities | -17,124,592 | -14,301,175 |
| Effect of exchange rate changes on cash | 6,997,881 | 8,097,891 |
| Net increase in cash and cash equivalents | -8,083,306 | -7,989,625 |
| Cash and cash equivalents at beginning of period | 30,125,944 | - |
| Cash and cash equivalents at end of period | 22,042,638 | - |
Golden Matrix Group, Inc. (GMGI)
Golden Matrix Group, Inc. (GMGI)