See more : Elron Ventures Ltd (ELRN.TA) Income Statement Analysis – Financial Results
Complete financial analysis of Galaxy Gaming, Inc. (GLXZ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Galaxy Gaming, Inc., a leading company in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector.
You may be interested
- Hammer Metals Limited (HMX.AX) Income Statement Analysis – Financial Results
- Eggriculture Foods Ltd. (8609.HK) Income Statement Analysis – Financial Results
- Tavia Acquisition Corp. (TAVIU) Income Statement Analysis – Financial Results
- TOP Financial Group Limited (TOP) Income Statement Analysis – Financial Results
- Plumas Bancorp (PLBC) Income Statement Analysis – Financial Results
Galaxy Gaming, Inc. (GLXZ)
About Galaxy Gaming, Inc.
Galaxy Gaming, Inc., a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as poker, baccarat, pai gow poker, craps, and blackjack table games under the Lucky Ladies, 21+3, and Bonus Craps titles; and premium games, which are stand-alone games with their own set of rules and strategies under the Heads Up Hold 'em, High Card Flush, Cajun Stud, and Three Card Poker. It also provides enhanced table systems, which include Bonus Jackpot System, an electronic system installed on gaming tables designed to collect data by detecting player wagers and other game activities. In addition, the company offers automated electronic tables and other ancillary equipment, as well as relicenses various game titles to operators of online gaming systems. The company markets its products to online casinos worldwide; land-based casino gaming companies in North America, the Caribbean, Central America, the United Kingdom, Europe, and Africa; and cruise ship companies. Galaxy Gaming, Inc. was founded in 2006 and is headquartered in Las Vegas, Nevada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 27.79M | 23.44M | 19.98M | 10.23M | 21.30M | 18.56M | 14.86M | 12.45M | 10.95M | 9.85M | 8.22M | 7.22M | 3.68M | 3.05M | 2.77M | 0.00 | 0.00 | 336.95K | 549.21K | 939.66K | 1.44M |
| Cost of Revenue | 1.26M | 198.53K | 80.83K | 72.68K | 230.46K | 142.78K | 226.08K | 134.28K | 95.93K | 80.53K | 106.03K | 70.21K | 99.22K | 135.74K | 223.72K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 491.03K |
| Gross Profit | 26.53M | 23.24M | 19.90M | 10.16M | 21.07M | 18.42M | 14.63M | 12.32M | 10.86M | 9.76M | 8.11M | 7.15M | 3.59M | 2.92M | 2.54M | 0.00 | 0.00 | 336.95K | 549.21K | 939.66K | 950.04K |
| Gross Profit Ratio | 95.45% | 99.15% | 99.60% | 99.29% | 98.92% | 99.23% | 98.48% | 98.92% | 99.12% | 99.18% | 98.71% | 99.03% | 97.31% | 95.56% | 91.91% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% | 65.93% |
| Research & Development | 823.19K | 584.51K | 520.45K | 487.68K | 821.13K | 926.47K | 488.83K | 353.82K | 454.94K | 472.57K | 466.91K | 332.54K | 286.14K | 285.31K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 16.70M | 13.83M | 12.18M | 9.70M | 14.22M | 11.68M | 9.87M | 6.88M | 7.25M | 5.86M | 4.22M | 4.11M | 0.00 | 0.00 | 0.00 | 252.74K | 411.86K | 850.60K | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | -1.28M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 16.70M | 13.83M | 12.18M | 9.70M | 14.22M | 11.68M | 9.87M | 6.88M | 7.25M | 5.86M | 4.22M | 4.11M | 3.20M | 2.68M | 0.00 | 252.74K | 411.86K | 850.60K | 2.49M | 3.79M | 2.17M |
| Other Expenses | 2.27M | 2.76M | 2.86M | 2.22M | 1.95M | -57.50K | 1.77M | 697.21K | 1.67M | 1.67M | 1.63M | 1.62M | 457.63K | 0.00 | 2.74M | 0.00 | 0.00 | 248.14K | 0.00 | 0.00 | -448.40K |
| Operating Expenses | 19.80M | 17.17M | 15.56M | 12.41M | 17.00M | 14.45M | 12.13M | 8.93M | 9.38M | 8.00M | 6.32M | 6.06M | 3.94M | 2.97M | 2.74M | 252.74K | 411.86K | 850.60K | 2.49M | 3.79M | 1.72M |
| Cost & Expenses | 21.06M | 17.37M | 15.64M | 12.49M | 17.23M | 14.59M | 12.35M | 9.06M | 9.48M | 8.09M | 6.42M | 6.13M | 4.04M | 3.10M | 2.97M | 252.74K | 411.86K | 850.60K | 2.49M | 3.79M | 2.21M |
| Interest Income | 611.27K | 71.22K | 2.05K | 25.70K | 68.63K | 1.50K | 188.00 | 202.00 | 13.34K | 23.48K | 23.26K | 21.60K | 24.82K | 26.15K | 29.27K | 31.60K | 0.00 | 574.00 | 28.85K | 22.07K | 10.33K |
| Interest Expense | 9.06M | 7.41M | 1.51M | 683.36K | 1.19M | 999.64K | 1.70M | 1.21M | 1.05M | 1.09M | 1.03M | 882.55K | 89.84K | 114.41K | 176.67K | 239.00 | 6.14K | 137.92K | 193.89K | 296.70K | 203.00K |
| Depreciation & Amortization | 2.52M | 2.99M | 3.09M | 2.55M | 2.22M | 1.84M | 1.77M | 1.70M | 1.67M | 1.67M | 1.63M | 1.62M | 457.63K | 39.09K | 23.08K | 0.00 | 288.36K | -42.58K | -43.95K | -87.39K | -80.11K |
| EBITDA | 9.85M | 8.84M | 6.75M | 419.62K | 5.85M | 4.25M | 4.02M | 5.44M | 3.16M | 3.43M | 3.43M | 2.78M | 126.30K | 17.64K | -148.01K | -356.90K | -123.50K | -586.53K | -1.94M | -2.85M | -1.10M |
| EBITDA Ratio | 35.46% | 38.97% | 33.79% | -4.50% | 29.80% | 31.32% | 28.75% | 40.86% | 28.86% | 35.09% | 42.00% | 37.77% | 3.43% | 0.58% | -5.35% | 0.00% | 0.00% | -164.08% | -774.92% | -455.96% | 49.44% |
| Operating Income | 6.73M | 6.07M | 4.35M | -2.26M | 4.07M | 3.97M | 2.50M | 3.39M | 1.47M | 1.23M | 1.64M | 1.09M | -356.16K | -47.60K | -200.36K | -252.74K | -411.86K | -761.79K | -2.16M | -2.85M | -1.22M |
| Operating Income Ratio | 24.22% | 25.90% | 21.74% | -22.04% | 19.12% | 21.40% | 16.85% | 27.22% | 13.46% | 12.51% | 20.00% | 15.10% | -9.67% | -1.56% | -7.24% | 0.00% | 0.00% | -226.09% | -392.87% | -303.17% | -84.46% |
| Total Other Income/Expenses | -8.46M | -7.64M | -2.18M | -559.81K | -1.12M | -2.50M | -1.95M | -852.71K | -819.97K | -1.07M | -1.01M | -810.95K | -117.18K | -88.26K | -147.41K | 39.68K | 102.79K | -153.67K | 21.08K | 1.38M | -1.48M |
| Income Before Tax | -1.73M | -1.56M | 2.16M | -2.81M | 2.95M | 1.41M | 553.15K | 2.54M | 439.48K | 161.63K | 633.08K | 279.90K | -473.34K | -135.86K | -347.76K | -371.59K | -309.07K | -740.20K | -2.71M | -1.47M | -2.70M |
| Income Before Tax Ratio | -6.22% | -6.67% | 10.81% | -27.51% | 13.87% | 7.62% | 3.72% | 20.37% | 4.01% | 1.64% | 7.70% | 3.88% | -12.85% | -4.45% | -12.57% | 0.00% | 0.00% | -219.68% | -492.90% | -155.98% | -187.25% |
| Income Tax Expense | 79.23K | 208.89K | 48.64K | -605.94K | 10.02K | 196.80K | 564.57K | 770.72K | 251.63K | 139.75K | 69.77K | -341.82K | 89.84K | 26.15K | 129.22K | 800.00 | 397.30K | 269.13K | -2.59M | -106.98K | 2.22M |
| Net Income | -1.81M | -1.77M | 2.11M | -2.21M | 2.94M | 1.22M | -11.42K | 1.77M | 187.85K | 21.89K | 563.32K | 621.73K | -473.34K | -135.86K | -447.71K | -372.39K | -309.07K | -740.20K | 793.83K | -2.71M | -2.90M |
| Net Income Ratio | -6.50% | -7.56% | 10.57% | -21.59% | 13.82% | 6.56% | -0.08% | 14.18% | 1.72% | 0.22% | 6.85% | 8.61% | -12.85% | -4.45% | -16.19% | 0.00% | 0.00% | -219.68% | 144.54% | -288.09% | -201.58% |
| EPS | -0.07 | -0.07 | 0.10 | -0.12 | 0.12 | 0.03 | 0.00 | 0.05 | 0.01 | 0.00 | 0.01 | 0.02 | -0.01 | 0.00 | -0.01 | -0.04 | -1.90 | -8.72 | 20.80 | -109.95 | -227.48 |
| EPS Diluted | -0.07 | -0.07 | 0.10 | -0.12 | 0.11 | 0.03 | 0.00 | 0.04 | 0.01 | 0.00 | 0.01 | 0.02 | -0.01 | 0.00 | -0.01 | -0.04 | -1.90 | -8.72 | 20.80 | -109.95 | -227.48 |
| Weighted Avg Shares Out | 25.54M | 24.77M | 20.33M | 18.28M | 25.52M | 39.82M | 39.42M | 39.16M | 39.07M | 38.51M | 38.31M | 38.11M | 35.43M | 33.93M | 30.29M | 10.00M | 162.86K | 84.86K | 38.26K | 24.62K | 12.77K |
| Weighted Avg Shares Out (Dil) | 25.54M | 24.77M | 21.84M | 18.28M | 27.14M | 41.20M | 39.42M | 39.59M | 39.12M | 38.52M | 38.31M | 38.31M | 37.51M | 33.93M | 30.48M | 10.00M | 162.86K | 84.86K | 58.11K | 24.62K | 12.77K |
Galaxy Gaming® Stockholders Approve Acquisition by Evolution
LAS VEGAS, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc.® (“Galaxy Gaming” or the “Company”) (OTC: GLXZ), the world's largest independent developer and distributor of casino table games and technology announced today that, at a special meeting of its...
Galaxy Gaming® Debuts GOS™ Sapphire at Global Gaming Expo 2024
Galaxy Gaming® will debut its new GOS™ Sapphire table game system, games, and online content at G2E 2024, October 7-10. Visit booth #4016 for more info.
GALAXY GAMING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Galaxy Gaming, Inc. - GLXZ
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Galaxy Gaming, Inc. (OTC: GLXZ) to Evolution AB (publ). Under the...
GLXZ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Galaxy Gaming, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Galaxy Gaming, Inc. (OTC: GLXZ) to Evolution AB (publ) for $3.20 per share in cash is fair to Galaxy shareholders. Halper Sadeh encourages Galaxy...
Effective August 30, 2024, Gavin Isaacs will Resign from the Board of Directors of Galaxy Gaming, Inc. to pursue other opportunities
LAS VEGAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games, enhanced systems for land-based casinos and iGaming content, announced today that Gavin Isaacs, a member of the Company's Board...
STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Galaxy Gaming, Inc. – GLXZ
NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are...
GLXZ STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale Of Galaxy Gaming, Inc. Is Fair to Shareholders
NEW YORK, NY / ACCESSWIRE / July 24, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Galaxy Gaming, Inc. (OTCQB:GLXZ) to Evolution AB (publ) for $3.20 per share in cash is fair...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Galaxy Gaming, Inc.
NEW YORK , July 23, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Galaxy Gaming, Inc. (OTCQB: GLXZ) and its board of directors concerning the proposed acquisition of the company by Evolution AB. Stockholders will...
Evolution AB: Galaxy Gaming Acquisition Accelerates U.S. Expansion
Evolution AB stock dropped -8.52% after Q2 2024 results. Revenue growth slowed, profitability decreased, but the company still remains a buy. Expansion plans in new markets, acquisitions, and shareholder focus make EVVTY stock a promising investment.
The Zacks Analyst Blog NVIDIA, Meta and Amgen Galaxy Gaming
NVIDIA, Meta and Amgen Galaxy Gaming are included in this Analyst Blog.
Source: https://incomestatements.info
Category: Stock Reports