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Galaxy Gaming (GLXZ)
:GLXZ
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Galaxy Gaming
(OTC:GLXZ)
54Neutral
Galaxy Gaming (GLXZ) vs. S&P 500 (SPY)
Market Cap
$71.25M
Dividend YieldN/A
Average Volume (3M)24.11K
Price to Earnings (P/E)―
Beta (1Y)-0.68
Revenue Growth14.21%
EPS Growth-42.08%
CountryUS
Employees46
SectorConsumer Cyclical
Sector Strength48
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)-0.10
Shares Outstanding24,999,502
10 Day Avg. Volume19,548
30 Day Avg. Volume24,113
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.31
Price to Cash Flow (P/CF)-21.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Galaxy Gaming Business Overview & Revenue Model
Company DescriptionGalaxy Gaming, Inc. (GLXZ) is a prominent developer, manufacturer, and distributor of casino table games and related products. Operating primarily in the gaming industry, Galaxy Gaming specializes in providing innovative table game content and solutions for land-based, online, and cruise ship casinos worldwide. The company's portfolio includes proprietary table games, side bets, and electronic wagering platforms, catering to both traditional brick-and-mortar and digital gaming environments.
How the Company Makes MoneyGalaxy Gaming generates revenue through the licensing of its proprietary table games and side bets to casinos and gaming operators. These licensing agreements typically involve recurring fee structures, providing a steady income stream. Additionally, the company earns money from the sale and lease of electronic gaming systems and platforms, such as their Bonus Jackpot System and TableMAX e-Table solutions. Galaxy Gaming also partners with online casino operators to offer its game content in digital formats, further diversifying its revenue streams. The company's growth is supported by expanding its product offerings and establishing strategic partnerships within the gaming industry to enhance its market presence.
Galaxy Gaming Financial Statement Overview
Summary
Galaxy Gaming experiences solid revenue growth but struggles with profitability due to consistent net losses. The balance sheet shows significant leverage, indicating financial risk, although cash flow improvements are positive.Income Statement
Galaxy Gaming's revenue growth from 2023 to TTM (Trailing-Twelve-Months) is 11.22%, indicating positive sales momentum. However, the company posted a net loss for both periods, with a deteriorating net profit margin of -8.30% for TTM. The gross profit margin remains strong at 87.74% for TTM, but the negative net income poses significant profitability challenges.50
Neutral
Balance Sheet
The company has a significant leverage issue with negative stockholders' equity, leading to an undefined debt-to-equity ratio. This reflects high financial risk, as liabilities exceed assets. The equity ratio is negative, and the return on equity cannot be calculated due to the negative equity, highlighting financial instability.30
Negative
Cash Flow
Operating cash flow has improved significantly in TTM, with a positive free cash flow of $2.83M, showing good cash management. The free cash flow growth rate from 2023 to TTM is notable. However, the operating cash flow to net income ratio indicates that cash flow is not driven by profitability, as net income is negative.60
Neutral
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 30.91M | 27.79M | 23.44M | 19.98M | 10.23M | 21.30M | Gross Profit |
| 27.12M | 26.53M | 23.24M | 19.90M | 10.16M | 21.07M | EBIT |
| 5.84M | 6.73M | 6.07M | 4.35M | -2.26M | 4.07M | EBITDA |
| 5.01M | 9.85M | 8.84M | 6.75M | 419.62K | 5.85M | Net Income Common Stockholders |
| -2.57M | -1.81M | -1.77M | 2.11M | -2.21M | 2.94M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 6.31M | 16.69M | 18.24M | 16.06M | 5.99M | 9.69M | Total Assets |
| 21.19M | 40.48M | 42.01M | 40.45M | 30.57M | 23.98M | Total Debt |
| 10.12M | 54.91M | 54.98M | 54.49M | 53.32M | 47.96M | Net Debt |
| 3.81M | 38.21M | 36.74M | 38.43M | 47.33M | 38.28M | Total Liabilities |
| 13.74M | 58.72M | 59.90M | 57.74M | 55.37M | 51.62M | Stockholders Equity |
| 7.46M | -18.24M | -17.89M | -17.29M | -24.80M | -27.63M |
| Cash Flow | Free Cash Flow | ||||
| 2.83M | -1.06M | 3.59M | 5.74M | -1.65M | 4.73M | Operating Cash Flow |
| 5.33M | 2.73M | 6.39M | 6.00M | -1.59M | 4.89M | Investing Cash Flow |
| -2.85M | -2.96M | -3.42M | -233.73K | -6.46M | -163.35K | Financing Cash Flow |
| -576.18K | -1.37M | -745.63K | 4.36M | 4.39M | -1.36M |
Galaxy Gaming Technical Analysis
Positive
2.85
Price Trends
2.83
Positive
2.79
Positive
2.59
Positive
Market Momentum
>-0.01
Positive
49.47
Neutral
38.36
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLXZ, the sentiment is Positive. The current price of 2.85 is below the 20-day moving average (MA) of 2.87, above the 50-day MA of 2.83, and above the 200-day MA of 2.59, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.47 is Neutral, neither overbought nor oversold. The STOCH value of 38.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GLXZ.
Galaxy Gaming Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $5.71B | 10.98 | 34.76% | 1.00% | 5.13% | 2.04% | |
65 Neutral | $500.46M | 10.24 | 53.82% | ― | 10.75% | 10405.31% | |
64 Neutral | $1.96B | 71.02 | 2.01% | 3.49% | -8.18% | -85.42% | |
62 Neutral | $1.18B | 80.12 | 6.23% | ― | -6.97% | -81.42% | |
60 Neutral | $8.24B | 19.73 | 42.87% | 0.36% | 11.07% | 3.32% | |
59 Neutral | $12.50B | 11.24 | 1.20% | 3.72% | 1.27% | -20.93% | |
54 Neutral | $71.25M | ― | 13.24% | ― | 14.21% | -42.08% |
* Consumer Cyclical Sector Average
Performance Comparison
GLXZ
Galaxy Gaming
2.85
1.50
111.11%
BYD
Boyd Gaming
69.18
4.24
6.53%
CHDN
Churchill Downs
113.73
-6.69
-5.56%
EVRI
Everi Holdings
13.66
4.49
48.96%
SHO
Sunstone Hotel
9.86
-0.72
-6.81%
AGS
Playags
12.15
3.45
39.66%
Galaxy Gaming Corporate Events
Private Placements and FinancingBusiness Operations and Strategy
Galaxy Gaming Enhances Financial Flexibility with Debt Refinancing
Positive
Jan 8, 2025
Galaxy Gaming, Inc. announced the successful refinancing of its outstanding debt with a new Credit Agreement with BMO Bank N.A., replacing its previous loan with Fortress Credit Corp. This refinancing reduces the company’s total outstanding debt by $12.6 million, lowers interest rates, extends maturities, and achieves approximately $2.8 million in annual interest savings, enhancing financial flexibility and supporting growth initiatives.
Executive/Board ChangesBusiness Operations and Strategy
Galaxy Gaming Revises CEO Employment Agreement for 2024
Positive
Dec 31, 2024
Galaxy Gaming announced an amendment to the employment agreement with its CEO, Matt Reback, which includes accelerated vesting of 70,000 shares of common stock and a bonus payment of $175,000 for 2024. This strategic move is likely to impact the company’s operations and executive compensation structure, reflecting a focus on aligning leadership incentives with performance goals.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.