Golden Matrix Group Inc. reported revenue of $47.3 million for Q3 2025, representing a 15% increase from $41.0 million in Q3 2024. Gross profit rose 17.9% year-over-year to $26.4 million, with gross margin expanding to 55.8% from 54.7% in the previous year. Net income for the quarter reached $0.4 million, with earnings per share at $0.03, both improving compared to the prior year. Adjusted EBITDA was $5.7 million with a margin of 12%, up 32% year-over-year. Operating expenses as a share of revenue decreased by 510 basis points sequentially to 56.6%. The company's cash position stood at $22.0 million at quarter end. Shareholder equity grew 18% year-over-year to $123.5 million, attributed to debt restructuring that eliminated convertible obligations. Total debt declined to $45.1 million, reducing net debt leverage to 1.2x from 1.5x in the previous quarter. The company reported continued positive cash generation from operations and ongoing investment in platform innovation and geographic expansion.