vs
Side-by-side financial comparison of Golden Matrix Group, Inc. (GMGI) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.
Globalstar, Inc. is the larger business by last-quarter revenue ($72.0M vs $49.6M, roughly 1.5× Golden Matrix Group, Inc.). Globalstar, Inc. runs the higher net margin — -16.1% vs -179.0%, a 162.8% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs -15.8%). Over the past eight quarters, Golden Matrix Group, Inc.'s revenue compounded faster (104.6% CAGR vs 12.9%).
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.
Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.
GMGI vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $49.6M | $72.0M |
| Net Profit | $-88.7M | $-11.6M |
| Gross Margin | 57.5% | — |
| Operating Margin | -188.3% | -0.5% |
| Net Margin | -179.0% | -16.1% |
| Revenue YoY | -15.8% | 17.6% |
| Net Profit YoY | -4880.1% | 76.9% |
| EPS (diluted) | $-7.73 | $-0.11 |
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 | $49.6M | $72.0M | ||
| Q3 25 | $47.3M | $73.8M | ||
| Q2 25 | $43.2M | $67.1M | ||
| Q1 25 | $42.7M | $60.0M | ||
| Q4 24 | $58.9M | $61.2M | ||
| Q3 24 | $41.0M | $72.3M | ||
| Q2 24 | $39.4M | $60.4M | ||
| Q1 24 | $11.8M | $56.5M |
| Q4 25 | $-88.7M | $-11.6M | ||
| Q3 25 | $566.0K | $1.1M | ||
| Q2 25 | $-3.6M | $19.2M | ||
| Q1 25 | $-231.6K | $-17.3M | ||
| Q4 24 | $1.9M | $-50.2M | ||
| Q3 24 | $-3.4M | $9.9M | ||
| Q2 24 | $64.9K | $-9.7M | ||
| Q1 24 | $74.5K | $-13.2M |
| 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% | — |
| Q4 25 | -188.3% | -0.5% | ||
| Q3 25 | -0.8% | 13.8% | ||
| Q2 25 | -5.3% | 9.2% | ||
| Q1 25 | -0.2% | -14.2% | ||
| Q4 24 | 5.6% | -6.9% | ||
| Q3 24 | -2.4% | 13.0% | ||
| Q2 24 | 0.3% | -2.4% | ||
| Q1 24 | 2.4% | -8.3% |
| Q4 25 | -179.0% | -16.1% | ||
| Q3 25 | 1.2% | 1.5% | ||
| Q2 25 | -8.3% | 28.6% | ||
| Q1 25 | -0.5% | -28.9% | ||
| Q4 24 | 3.2% | -82.1% | ||
| Q3 24 | -8.3% | 13.7% | ||
| Q2 24 | 0.2% | -16.0% | ||
| Q1 24 | 0.6% | -23.4% |
| Q4 25 | $-7.73 | $-0.11 | ||
| Q3 25 | $0.00 | $-0.01 | ||
| Q2 25 | $-0.03 | $0.13 | ||
| Q1 25 | $0.00 | $-0.16 | ||
| Q4 24 | $-0.13 | $-0.57 | ||
| Q3 24 | $-0.03 | $0.00 | ||
| Q2 24 | $0.00 | $-0.01 | ||
| Q1 24 | $0.00 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $447.5M |
| Total DebtLower is stronger | — | $483.8M |
| Stockholders' EquityBook value | $46.5M | $355.7M |
| Total Assets | $118.1M | $2.3B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $447.5M | ||
| Q3 25 | — | $346.3M | ||
| Q2 25 | — | $308.2M | ||
| Q1 25 | — | $241.4M | ||
| Q4 24 | — | $391.2M | ||
| Q3 24 | — | $51.9M | ||
| Q2 24 | — | $64.3M | ||
| Q1 24 | — | $59.3M |
| Q4 25 | — | $483.8M | ||
| Q3 25 | — | $508.6M | ||
| Q2 25 | — | $491.5M | ||
| Q1 25 | — | $502.7M | ||
| Q4 24 | — | $511.4M | ||
| Q3 24 | — | $394.4M | ||
| Q2 24 | — | $393.1M | ||
| Q1 24 | — | $398.7M |
| Q4 25 | $46.5M | $355.7M | ||
| Q3 25 | $123.5M | $364.8M | ||
| Q2 25 | $121.3M | $360.9M | ||
| Q1 25 | $108.5M | $344.3M | ||
| Q4 24 | $105.1M | $358.9M | ||
| Q3 24 | $94.3M | $394.1M | ||
| Q2 24 | $90.4M | $383.0M | ||
| Q1 24 | $32.1M | $377.1M |
| Q4 25 | $118.1M | $2.3B | ||
| Q3 25 | $209.8M | $2.2B | ||
| Q2 25 | $210.3M | $1.9B | ||
| Q1 25 | $214.0M | $1.7B | ||
| Q4 24 | $213.7M | $1.7B | ||
| Q3 24 | $213.5M | $917.6M | ||
| Q2 24 | $191.5M | $926.2M | ||
| Q1 24 | $37.1M | $917.0M |
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.39× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.46× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | 1.06× |
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 | $8.2M | $175.9M |
| 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.
| Q4 25 | $8.2M | $175.9M | ||
| Q3 25 | $7.0M | $236.0M | ||
| Q2 25 | $2.4M | $157.9M | ||
| Q1 25 | $7.7M | $51.9M | ||
| Q4 24 | — | $340.7M | ||
| Q3 24 | $4.8M | $32.0M | ||
| Q2 24 | — | $36.7M | ||
| Q1 24 | $8.2K | $29.8M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | — | ||
| Q3 25 | 12.42× | 216.53× | ||
| Q2 25 | — | 8.22× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.23× | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.11× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GMGI
| R Kings And CFAC | $43.8M | 88% |
| Other | $5.8M | 12% |
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
