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Side-by-side financial comparison of Golden Matrix Group, Inc. (GMGI) and Neuronetics, Inc. (STIM). 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 $41.8M, roughly 1.2× Neuronetics, Inc.). Neuronetics, Inc. runs the higher net margin — -17.2% vs -179.0%, a 161.7% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs -15.8%). Golden Matrix Group, Inc. produced more free cash flow last quarter ($6.4M vs $692.0K). Over the past eight quarters, Golden Matrix Group, Inc.'s revenue compounded faster (104.6% CAGR vs 54.9%).
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.
Neuronetics is a Malvern, PA based, publicly traded company incorporated in Delaware in April 2003, that develops non-invasive treatments for psychiatric disorders that have shown resistance or lack of improvement using traditional medicine. The treatments are based upon neuromodulation technology.
GMGI vs STIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $49.6M | $41.8M |
| Net Profit | $-88.7M | $-7.2M |
| Gross Margin | 57.5% | 52.0% |
| Operating Margin | -188.3% | -12.1% |
| Net Margin | -179.0% | -17.2% |
| Revenue YoY | -15.8% | 85.7% |
| Net Profit YoY | -4880.1% | 43.2% |
| EPS (diluted) | $-7.73 | $-0.10 |
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 | $41.8M | ||
| Q3 25 | $47.3M | $37.3M | ||
| Q2 25 | $43.2M | $38.1M | ||
| Q1 25 | $42.7M | $32.0M | ||
| Q4 24 | $58.9M | $22.5M | ||
| Q3 24 | $41.0M | $18.5M | ||
| Q2 24 | $39.4M | $16.4M | ||
| Q1 24 | $11.8M | $17.4M |
| Q4 25 | $-88.7M | $-7.2M | ||
| Q3 25 | $566.0K | $-9.0M | ||
| Q2 25 | $-3.6M | $-10.1M | ||
| Q1 25 | $-231.6K | $-12.7M | ||
| Q4 24 | $1.9M | $-12.7M | ||
| Q3 24 | $-3.4M | $-13.3M | ||
| Q2 24 | $64.9K | $-9.8M | ||
| Q1 24 | $74.5K | $-7.9M |
| Q4 25 | 57.5% | 52.0% | ||
| Q3 25 | 55.8% | 45.9% | ||
| Q2 25 | 56.4% | 46.6% | ||
| Q1 25 | 56.6% | 49.2% | ||
| Q4 24 | 69.8% | 66.2% | ||
| Q3 24 | 54.7% | 75.6% | ||
| Q2 24 | 55.0% | 74.0% | ||
| Q1 24 | 28.5% | 75.1% |
| Q4 25 | -188.3% | -12.1% | ||
| Q3 25 | -0.8% | -19.6% | ||
| Q2 25 | -5.3% | -21.1% | ||
| Q1 25 | -0.2% | -34.4% | ||
| Q4 24 | 5.6% | -51.0% | ||
| Q3 24 | -2.4% | -41.7% | ||
| Q2 24 | 0.3% | -51.7% | ||
| Q1 24 | 2.4% | -39.4% |
| Q4 25 | -179.0% | -17.2% | ||
| Q3 25 | 1.2% | -24.3% | ||
| Q2 25 | -8.3% | -26.6% | ||
| Q1 25 | -0.5% | -39.6% | ||
| Q4 24 | 3.2% | -56.4% | ||
| Q3 24 | -8.3% | -72.0% | ||
| Q2 24 | 0.2% | -59.8% | ||
| Q1 24 | 0.6% | -45.2% |
| Q4 25 | $-7.73 | $-0.10 | ||
| Q3 25 | $0.00 | $-0.13 | ||
| Q2 25 | $-0.03 | $-0.15 | ||
| Q1 25 | $0.00 | $-0.21 | ||
| Q4 24 | $-0.13 | $-0.34 | ||
| Q3 24 | $-0.03 | $-0.44 | ||
| Q2 24 | $0.00 | $-0.33 | ||
| Q1 24 | $0.00 | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $28.1M |
| Total DebtLower is stronger | — | $65.8M |
| Stockholders' EquityBook value | $46.5M | $22.4M |
| Total Assets | $118.1M | $141.6M |
| Debt / EquityLower = less leverage | — | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $28.1M | ||
| Q3 25 | — | $28.0M | ||
| Q2 25 | — | $11.0M | ||
| Q1 25 | — | $20.2M | ||
| Q4 24 | — | $18.5M | ||
| Q3 24 | — | $20.9M | ||
| Q2 24 | — | $42.6M | ||
| Q1 24 | — | $47.7M |
| Q4 25 | — | $65.8M | ||
| Q3 25 | — | $65.7M | ||
| Q2 25 | — | $55.5M | ||
| Q1 25 | — | $55.3M | ||
| Q4 24 | — | $55.2M | ||
| Q3 24 | — | $46.0M | ||
| Q2 24 | — | $59.8M | ||
| Q1 24 | — | $59.4M |
| Q4 25 | $46.5M | $22.4M | ||
| Q3 25 | $123.5M | $27.4M | ||
| Q2 25 | $121.3M | $27.1M | ||
| Q1 25 | $108.5M | $35.5M | ||
| Q4 24 | $105.1M | $27.7M | ||
| Q3 24 | $94.3M | $9.4M | ||
| Q2 24 | $90.4M | $19.4M | ||
| Q1 24 | $32.1M | $27.7M |
| Q4 25 | $118.1M | $141.6M | ||
| Q3 25 | $209.8M | $145.5M | ||
| Q2 25 | $210.3M | $134.7M | ||
| Q1 25 | $214.0M | $142.0M | ||
| Q4 24 | $213.7M | $140.9M | ||
| Q3 24 | $213.5M | — | ||
| Q2 24 | $191.5M | $96.8M | ||
| Q1 24 | $37.1M | $103.8M |
| Q4 25 | — | 2.94× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | — | 2.05× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | — | 4.90× | ||
| Q2 24 | — | 3.08× | ||
| Q1 24 | — | 2.15× |
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 | $908.0K |
| Free Cash FlowOCF − Capex | $6.4M | $692.0K |
| FCF MarginFCF / Revenue | 13.0% | 1.7% |
| Capex IntensityCapex / Revenue | 3.6% | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $19.2M | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $908.0K | ||
| Q3 25 | $7.0M | $-785.0K | ||
| Q2 25 | $2.4M | $-3.5M | ||
| Q1 25 | $7.7M | $-17.0M | ||
| Q4 24 | — | $-8.6M | ||
| Q3 24 | $4.8M | $-5.4M | ||
| Q2 24 | — | $-5.0M | ||
| Q1 24 | $8.2K | $-12.0M |
| Q4 25 | $6.4M | $692.0K | ||
| Q3 25 | $6.2M | $-899.0K | ||
| Q2 25 | $-89.4K | $-3.8M | ||
| Q1 25 | $6.6M | $-17.2M | ||
| Q4 24 | — | $-8.7M | ||
| Q3 24 | $2.3M | $-5.8M | ||
| Q2 24 | — | $-5.6M | ||
| Q1 24 | $6.7K | $-12.4M |
| Q4 25 | 13.0% | 1.7% | ||
| Q3 25 | 13.1% | -2.4% | ||
| Q2 25 | -0.2% | -9.9% | ||
| Q1 25 | 15.5% | -53.8% | ||
| Q4 24 | — | -38.6% | ||
| Q3 24 | 5.6% | -31.3% | ||
| Q2 24 | — | -34.0% | ||
| Q1 24 | 0.1% | -71.1% |
| Q4 25 | 3.6% | 0.5% | ||
| Q3 25 | 1.8% | 0.3% | ||
| Q2 25 | 5.7% | 0.7% | ||
| Q1 25 | 2.6% | 0.7% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | 6.0% | 2.1% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | 0.0% | 2.2% |
| Q4 25 | — | — | ||
| Q3 25 | 12.42× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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% |
STIM
Segment breakdown not available.
