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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and Golden Matrix Group, Inc. (GMGI). Click either name above to swap in a different company.
SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $49.6M, roughly 1.5× Golden Matrix Group, Inc.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -179.0%, a 187.6% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -15.8%). Over the past eight quarters, Golden Matrix Group, Inc.'s revenue compounded faster (104.6% CAGR vs 6.2%).
Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.
Golden Matrix Group Inc. is a global gaming tech firm that develops and licenses proprietary online gaming platforms, social casino products and interactive solutions. It serves B2B gaming operator clients across North America, Europe and Asia-Pacific, plus runs direct-to-consumer casual gaming properties.
BFS vs GMGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $75.1M | $49.6M |
| Net Profit | $6.5M | $-88.7M |
| Gross Margin | — | 57.5% |
| Operating Margin | 65.4% | -188.3% |
| Net Margin | 8.7% | -179.0% |
| Revenue YoY | 10.6% | -15.8% |
| Net Profit YoY | -19.6% | -4880.1% |
| EPS (diluted) | $0.15 | $-7.73 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $75.1M | $49.6M | ||
| Q3 25 | $72.0M | $47.3M | ||
| Q2 25 | $70.8M | $43.2M | ||
| Q1 25 | $71.9M | $42.7M | ||
| Q4 24 | $67.9M | $58.9M | ||
| Q3 24 | $67.3M | $41.0M | ||
| Q2 24 | $66.9M | $39.4M | ||
| Q1 24 | $66.7M | $11.8M |
| Q4 25 | $6.5M | $-88.7M | ||
| Q3 25 | $10.5M | $566.0K | ||
| Q2 25 | $10.7M | $-3.6M | ||
| Q1 25 | $9.8M | $-231.6K | ||
| Q4 24 | $8.1M | $1.9M | ||
| Q3 24 | $14.5M | $-3.4M | ||
| Q2 24 | $14.4M | $64.9K | ||
| Q1 24 | $13.6M | $74.5K |
| Q4 25 | — | 57.5% | ||
| Q3 25 | — | 55.8% | ||
| Q2 25 | — | 56.4% | ||
| Q1 25 | — | 56.6% | ||
| Q4 24 | — | 69.8% | ||
| Q3 24 | 73.6% | 54.7% | ||
| Q2 24 | 74.2% | 55.0% | ||
| Q1 24 | 72.8% | 28.5% |
| Q4 25 | 65.4% | -188.3% | ||
| Q3 25 | 69.1% | -0.8% | ||
| Q2 25 | 68.7% | -5.3% | ||
| Q1 25 | 66.5% | -0.2% | ||
| Q4 24 | 82.9% | 5.6% | ||
| Q3 24 | 72.8% | -2.4% | ||
| Q2 24 | 75.0% | 0.3% | ||
| Q1 24 | 72.4% | 2.4% |
| Q4 25 | 8.7% | -179.0% | ||
| Q3 25 | 14.6% | 1.2% | ||
| Q2 25 | 15.1% | -8.3% | ||
| Q1 25 | 13.6% | -0.5% | ||
| Q4 24 | 11.9% | 3.2% | ||
| Q3 24 | 21.5% | -8.3% | ||
| Q2 24 | 21.6% | 0.2% | ||
| Q1 24 | 20.4% | 0.6% |
| Q4 25 | $0.15 | $-7.73 | ||
| Q3 25 | $0.32 | $0.00 | ||
| Q2 25 | $0.33 | $-0.03 | ||
| Q1 25 | $0.29 | $0.00 | ||
| Q4 24 | $0.22 | $-0.13 | ||
| Q3 24 | $0.48 | $-0.03 | ||
| Q2 24 | $0.48 | $0.00 | ||
| Q1 24 | $0.45 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.7M | — |
| Total DebtLower is stronger | $468.4M | — |
| Stockholders' EquityBook value | $307.8M | $46.5M |
| Total Assets | $2.2B | $118.1M |
| Debt / EquityLower = less leverage | 1.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | — | ||
| Q3 25 | $11.8M | — | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $6.5M | — | ||
| Q4 24 | $10.3M | — | ||
| Q3 24 | $7.2M | — | ||
| Q2 24 | $6.9M | — | ||
| Q1 24 | $7.1M | — |
| Q4 25 | $468.4M | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $455.8M | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
| Q4 25 | $307.8M | $46.5M | ||
| Q3 25 | $316.6M | $123.5M | ||
| Q2 25 | $322.4M | $121.3M | ||
| Q1 25 | $328.4M | $108.5M | ||
| Q4 24 | $335.8M | $105.1M | ||
| Q3 24 | $341.8M | $94.3M | ||
| Q2 24 | $345.7M | $90.4M | ||
| Q1 24 | $347.1M | $32.1M |
| Q4 25 | $2.2B | $118.1M | ||
| Q3 25 | $2.2B | $209.8M | ||
| Q2 25 | $2.1B | $210.3M | ||
| Q1 25 | $2.1B | $214.0M | ||
| Q4 24 | $2.1B | $213.7M | ||
| Q3 24 | $2.1B | $213.5M | ||
| Q2 24 | $2.1B | $191.5M | ||
| Q1 24 | $2.0B | $37.1M |
| Q4 25 | 1.52× | — | ||
| Q3 25 | 5.02× | — | ||
| Q2 25 | 4.85× | — | ||
| Q1 25 | 4.70× | — | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 4.37× | — | ||
| Q2 24 | 4.17× | — | ||
| Q1 24 | 4.06× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $99.8M | $8.2M |
| Free Cash FlowOCF − Capex | — | $6.4M |
| FCF MarginFCF / Revenue | — | 13.0% |
| Capex IntensityCapex / Revenue | — | 3.6% |
| Cash ConversionOCF / Net Profit | 15.35× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $19.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.8M | $8.2M | ||
| Q3 25 | $20.6M | $7.0M | ||
| Q2 25 | $26.6M | $2.4M | ||
| Q1 25 | $30.4M | $7.7M | ||
| Q4 24 | $121.2M | — | ||
| Q3 24 | $26.5M | $4.8M | ||
| Q2 24 | $32.1M | — | ||
| Q1 24 | $33.8M | $8.2K |
| Q4 25 | — | $6.4M | ||
| Q3 25 | — | $6.2M | ||
| Q2 25 | — | $-89.4K | ||
| Q1 25 | — | $6.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-28.3M | $2.3M | ||
| Q2 24 | $-12.5M | — | ||
| Q1 24 | $-11.7M | $6.7K |
| Q4 25 | — | 13.0% | ||
| Q3 25 | — | 13.1% | ||
| Q2 25 | — | -0.2% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | -42.1% | 5.6% | ||
| Q2 24 | -18.7% | — | ||
| Q1 24 | -17.6% | 0.1% |
| Q4 25 | — | 3.6% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | 81.5% | 6.0% | ||
| Q2 24 | 66.7% | — | ||
| Q1 24 | 68.3% | 0.0% |
| Q4 25 | 15.35× | — | ||
| Q3 25 | 1.97× | 12.42× | ||
| Q2 25 | 2.48× | — | ||
| Q1 25 | 3.10× | — | ||
| Q4 24 | 14.98× | — | ||
| Q3 24 | 1.83× | — | ||
| Q2 24 | 2.22× | — | ||
| Q1 24 | 2.48× | 0.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFS
Segment breakdown not available.
GMGI
| R Kings And CFAC | $43.8M | 88% |
| Other | $5.8M | 12% |