Golden Matrix Group (NASDAQ:GMGI – Get Free Report) and Backblaze (NASDAQ:BLZE – Get Free Report) are both small-cap consumer discretionary companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, profitability, dividends, analyst recommendations, risk, valuation and institutional ownership.
Profitability
This table compares Golden Matrix Group and Backblaze’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Golden Matrix Group | -3.07% | -3.93% | -2.11% |
| Backblaze | -37.13% | -100.67% | -34.41% |
Analyst Ratings
This is a breakdown of current ratings and recommmendations for Golden Matrix Group and Backblaze, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Golden Matrix Group | 0 | 0 | 1 | 0 | 3.00 |
| Backblaze | 0 | 0 | 6 | 0 | 3.00 |
Insider & Institutional Ownership
2.7% of Golden Matrix Group shares are held by institutional investors. Comparatively, 54.0% of Backblaze shares are held by institutional investors. 23.2% of Golden Matrix Group shares are held by insiders. Comparatively, 3.8% of Backblaze shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Volatility and Risk
Golden Matrix Group has a beta of 0.39, suggesting that its stock price is 61% less volatile than the S&P 500. Comparatively, Backblaze has a beta of 1.17, suggesting that its stock price is 17% more volatile than the S&P 500.
Valuation & Earnings
This table compares Golden Matrix Group and Backblaze”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Golden Matrix Group | $151.12 million | 1.49 | -$6.93 million | ($0.05) | -32.40 |
| Backblaze | $132.27 million | 2.12 | -$59.71 million | ($1.01) | -5.06 |
Golden Matrix Group has higher revenue and earnings than Backblaze. Golden Matrix Group is trading at a lower price-to-earnings ratio than Backblaze, indicating that it is currently the more affordable of the two stocks.
Summary
Golden Matrix Group beats Backblaze on 8 of the 13 factors compared between the two stocks.
About Golden Matrix Group
Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applications. The company was formerly known as Source Gold Corp. and changed its name to Golden Matrix Group, Inc. in April 2016. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada.
About Backblaze
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases. This service is offered as a consumption-based Infrastructure-as-a-Service (IaaS) and serves use cases, such as public, hybrid, and multi-cloud data storage; application development and DevOps; content delivery and edge computing; security and ransomware protection; media management; backup, archive, and tape replacement; repository for analytics, artificial intelligence and machine learning; and Internet of Things. In addition, the company offers Backblaze Computer Backup that automatically backs up data from laptops and desktops for businesses and individuals, which provides a subscription-based Software-as-a-Service and serves use cases, including computer backup, ransomware protection, theft and loss protection, and remote access. It serves the public cloud IaaS storage and Data-Protection-as-a-Service markets. The company was incorporated in 2007 and is headquartered in San Mateo, California.
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