See more : Skotan SA (SKT.WA) 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.
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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 |
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