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Golden Matrix Group Inc.
GMGI’s leverage ratio is down to 2Q24 levels & since the consummation of the Meridianbet transaction, GMGI has reduced the consideration payable to Meridianbet’s former owners to ~$34.9m from $70.0m, through payments in cash and shares. GMGI ended 1Q25 with cash and equivalents just shy of $30m to support growth initiatives, including strategic M&A and share repurchases.