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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and Golden Matrix Group, Inc. (GMGI). Click either name above to swap in a different company.

Golden Matrix Group, Inc. is the larger business by last-quarter revenue ($49.6M vs $43.5M, roughly 1.1× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs -15.8%). Over the past eight quarters, Golden Matrix Group, Inc.'s revenue compounded faster (104.6% CAGR vs 75.8%).

Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.

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.

DX vs GMGI — Head-to-Head

Bigger by revenue
GMGI
GMGI
1.1× larger
GMGI
$49.6M
$43.5M
DX
Growing faster (revenue YoY)
DX
DX
+547.1% gap
DX
531.3%
-15.8%
GMGI
Faster 2-yr revenue CAGR
GMGI
GMGI
Annualised
GMGI
104.6%
75.8%
DX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DX
DX
GMGI
GMGI
Revenue
$43.5M
$49.6M
Net Profit
$-88.7M
Gross Margin
57.5%
Operating Margin
-188.3%
Net Margin
-179.0%
Revenue YoY
531.3%
-15.8%
Net Profit YoY
-4880.1%
EPS (diluted)
$1.59
$-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.

Revenue
DX
DX
GMGI
GMGI
Q4 25
$43.5M
$49.6M
Q3 25
$30.6M
$47.3M
Q2 25
$23.1M
$43.2M
Q1 25
$17.1M
$42.7M
Q4 24
$58.9M
Q3 24
$41.0M
Q2 24
$39.4M
Q1 24
$-3.2M
$11.8M
Net Profit
DX
DX
GMGI
GMGI
Q4 25
$-88.7M
Q3 25
$150.4M
$566.0K
Q2 25
$-13.6M
$-3.6M
Q1 25
$-3.1M
$-231.6K
Q4 24
$1.9M
Q3 24
$-3.4M
Q2 24
$64.9K
Q1 24
$40.1M
$74.5K
Gross Margin
DX
DX
GMGI
GMGI
Q4 25
57.5%
Q3 25
55.8%
Q2 25
56.4%
Q1 25
56.6%
Q4 24
69.8%
Q3 24
54.7%
Q2 24
55.0%
Q1 24
28.5%
Operating Margin
DX
DX
GMGI
GMGI
Q4 25
-188.3%
Q3 25
-0.8%
Q2 25
-5.3%
Q1 25
-0.2%
Q4 24
5.6%
Q3 24
-2.4%
Q2 24
0.3%
Q1 24
2.4%
Net Margin
DX
DX
GMGI
GMGI
Q4 25
-179.0%
Q3 25
491.3%
1.2%
Q2 25
-58.8%
-8.3%
Q1 25
-18.0%
-0.5%
Q4 24
3.2%
Q3 24
-8.3%
Q2 24
0.2%
Q1 24
-1256.8%
0.6%
EPS (diluted)
DX
DX
GMGI
GMGI
Q4 25
$1.59
$-7.73
Q3 25
$1.08
$0.00
Q2 25
$-0.14
$-0.03
Q1 25
$-0.06
$0.00
Q4 24
$-0.13
Q3 24
$-0.03
Q2 24
$0.00
Q1 24
$0.64
$0.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DX
DX
GMGI
GMGI
Cash + ST InvestmentsLiquidity on hand
$531.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$46.5M
Total Assets
$17.3B
$118.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
GMGI
GMGI
Q4 25
$531.0M
Q3 25
$491.0M
Q2 25
$387.5M
Q1 25
$327.4M
Q4 24
Q3 24
Q2 24
Q1 24
$295.7M
Stockholders' Equity
DX
DX
GMGI
GMGI
Q4 25
$2.5B
$46.5M
Q3 25
$2.0B
$123.5M
Q2 25
$1.6B
$121.3M
Q1 25
$1.4B
$108.5M
Q4 24
$105.1M
Q3 24
$94.3M
Q2 24
$90.4M
Q1 24
$958.5M
$32.1M
Total Assets
DX
DX
GMGI
GMGI
Q4 25
$17.3B
$118.1M
Q3 25
$14.2B
$209.8M
Q2 25
$11.3B
$210.3M
Q1 25
$9.0B
$214.0M
Q4 24
$213.7M
Q3 24
$213.5M
Q2 24
$191.5M
Q1 24
$6.3B
$37.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DX
DX
GMGI
GMGI
Operating Cash FlowLast quarter
$120.8M
$8.2M
Free Cash FlowOCF − Capex
$6.4M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$19.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
GMGI
GMGI
Q4 25
$120.8M
$8.2M
Q3 25
$68.3M
$7.0M
Q2 25
$31.9M
$2.4M
Q1 25
$6.4M
$7.7M
Q4 24
Q3 24
$4.8M
Q2 24
Q1 24
$-17.1M
$8.2K
Free Cash Flow
DX
DX
GMGI
GMGI
Q4 25
$6.4M
Q3 25
$6.2M
Q2 25
$-89.4K
Q1 25
$6.6M
Q4 24
Q3 24
$2.3M
Q2 24
Q1 24
$6.7K
FCF Margin
DX
DX
GMGI
GMGI
Q4 25
13.0%
Q3 25
13.1%
Q2 25
-0.2%
Q1 25
15.5%
Q4 24
Q3 24
5.6%
Q2 24
Q1 24
0.1%
Capex Intensity
DX
DX
GMGI
GMGI
Q4 25
3.6%
Q3 25
1.8%
Q2 25
5.7%
Q1 25
2.6%
Q4 24
Q3 24
6.0%
Q2 24
Q1 24
0.0%
Cash Conversion
DX
DX
GMGI
GMGI
Q4 25
Q3 25
0.45×
12.42×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.43×
0.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DX
DX

Segment breakdown not available.

GMGI
GMGI

R Kings And CFAC$43.8M88%
Other$5.8M12%

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