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Side-by-side financial comparison of Golden Matrix Group, Inc. (GMGI) and REDWOOD TRUST INC (RWT). 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 $25.9M, roughly 1.9× REDWOOD TRUST INC). REDWOOD TRUST INC runs the higher net margin — 77.2% vs -179.0%, a 256.2% gap on every dollar of revenue. On growth, REDWOOD TRUST INC posted the faster year-over-year revenue change (-6.1% vs -15.8%). Over the past eight quarters, Golden Matrix Group, Inc.'s revenue compounded faster (104.6% CAGR vs -41.0%).

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.

Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.

GMGI vs RWT — Head-to-Head

Bigger by revenue
GMGI
GMGI
1.9× larger
GMGI
$49.6M
$25.9M
RWT
Growing faster (revenue YoY)
RWT
RWT
+9.7% gap
RWT
-6.1%
-15.8%
GMGI
Higher net margin
RWT
RWT
256.2% more per $
RWT
77.2%
-179.0%
GMGI
Faster 2-yr revenue CAGR
GMGI
GMGI
Annualised
GMGI
104.6%
-41.0%
RWT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GMGI
GMGI
RWT
RWT
Revenue
$49.6M
$25.9M
Net Profit
$-88.7M
$20.0M
Gross Margin
57.5%
Operating Margin
-188.3%
Net Margin
-179.0%
77.2%
Revenue YoY
-15.8%
-6.1%
Net Profit YoY
-4880.1%
402.6%
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.

Revenue
GMGI
GMGI
RWT
RWT
Q4 25
$49.6M
$25.9M
Q3 25
$47.3M
$15.0M
Q2 25
$43.2M
$13.8M
Q1 25
$42.7M
$27.9M
Q4 24
$58.9M
$27.6M
Q3 24
$41.0M
$25.5M
Q2 24
$39.4M
$67.4M
Q1 24
$11.8M
$74.5M
Net Profit
GMGI
GMGI
RWT
RWT
Q4 25
$-88.7M
$20.0M
Q3 25
$566.0K
$-7.7M
Q2 25
$-3.6M
$-98.5M
Q1 25
$-231.6K
$16.1M
Q4 24
$1.9M
$-6.6M
Q3 24
$-3.4M
$14.8M
Q2 24
$64.9K
$15.5M
Q1 24
$74.5K
$30.3M
Gross Margin
GMGI
GMGI
RWT
RWT
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
GMGI
GMGI
RWT
RWT
Q4 25
-188.3%
Q3 25
-0.8%
-9.0%
Q2 25
-5.3%
-679.0%
Q1 25
-0.2%
80.2%
Q4 24
5.6%
-1.3%
Q3 24
-2.4%
86.1%
Q2 24
0.3%
30.3%
Q1 24
2.4%
41.3%
Net Margin
GMGI
GMGI
RWT
RWT
Q4 25
-179.0%
77.2%
Q3 25
1.2%
-51.4%
Q2 25
-8.3%
-712.0%
Q1 25
-0.5%
57.8%
Q4 24
3.2%
-24.0%
Q3 24
-8.3%
58.1%
Q2 24
0.2%
23.0%
Q1 24
0.6%
40.6%
EPS (diluted)
GMGI
GMGI
RWT
RWT
Q4 25
$-7.73
$0.11
Q3 25
$0.00
$-0.08
Q2 25
$-0.03
$-0.76
Q1 25
$0.00
$0.10
Q4 24
$-0.13
$-0.08
Q3 24
$-0.03
$0.09
Q2 24
$0.00
$0.10
Q1 24
$0.00
$0.21

Balance Sheet & Financial Strength

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

Metric
GMGI
GMGI
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$255.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$46.5M
$982.6M
Total Assets
$118.1M
$23.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GMGI
GMGI
RWT
RWT
Q4 25
$255.7M
Q3 25
$226.3M
Q2 25
$302.0M
Q1 25
$259.9M
Q4 24
$245.2M
Q3 24
$253.7M
Q2 24
$275.6M
Q1 24
$275.4M
Total Debt
GMGI
GMGI
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.7B
Stockholders' Equity
GMGI
GMGI
RWT
RWT
Q4 25
$46.5M
$982.6M
Q3 25
$123.5M
$999.0M
Q2 25
$121.3M
$1.1B
Q1 25
$108.5M
$1.2B
Q4 24
$105.1M
$1.2B
Q3 24
$94.3M
$1.2B
Q2 24
$90.4M
$1.2B
Q1 24
$32.1M
$1.2B
Total Assets
GMGI
GMGI
RWT
RWT
Q4 25
$118.1M
$23.7B
Q3 25
$209.8M
$22.6B
Q2 25
$210.3M
$21.3B
Q1 25
$214.0M
$19.9B
Q4 24
$213.7M
$18.3B
Q3 24
$213.5M
$18.4B
Q2 24
$191.5M
$16.5B
Q1 24
$37.1M
$15.1B
Debt / Equity
GMGI
GMGI
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.39×

Cash Flow & Capital Efficiency

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

Metric
GMGI
GMGI
RWT
RWT
Operating Cash FlowLast quarter
$8.2M
$-10.1B
Free Cash FlowOCF − Capex
$6.4M
FCF MarginFCF / Revenue
13.0%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
-504.15×
TTM Free Cash FlowTrailing 4 quarters
$19.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GMGI
GMGI
RWT
RWT
Q4 25
$8.2M
$-10.1B
Q3 25
$7.0M
$-2.7B
Q2 25
$2.4M
$-2.1B
Q1 25
$7.7M
$-2.0B
Q4 24
$-5.9B
Q3 24
$4.8M
$-2.1B
Q2 24
$-2.0B
Q1 24
$8.2K
$-954.2M
Free Cash Flow
GMGI
GMGI
RWT
RWT
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
GMGI
GMGI
RWT
RWT
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
GMGI
GMGI
RWT
RWT
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
GMGI
GMGI
RWT
RWT
Q4 25
-504.15×
Q3 25
12.42×
Q2 25
Q1 25
-120.92×
Q4 24
Q3 24
-140.86×
Q2 24
-126.56×
Q1 24
0.11×
-31.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GMGI
GMGI

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

RWT
RWT

Segment breakdown not available.

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