Galaxy Gaming Inc - Understand $glxz stock

$GLXZ Market Cap: $69.68 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$29.36M

TTM

Gross Margin

95.38%

TTM

Net Earnings

-$1.823M

TTM

Current Assets

$24.04M

Q2 2024

Current Liabilities

$4.838M

Q2 2024

Current Ratio

496.96%

Q2 2024

Total Assets

$41.47M

Q2 2024

Total Liabilities

$58.98M

Q2 2024

Book Value

-$17.51M

Q2 2024

Cash

$19.35M

Q2 2024

P/E

-38.21

Sep 13, 2024 EST

Free Cash Flow

-$427.6K

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$27.79M	$23.44M	$19.98M	$10.23M	$21.30M	$18.56M	$14.86M	$12.45M	$10.95M	$9.845M	$8.219M	$7.220M	$3.680M	$3.050M	$2.770M	$2.070M	$0.00	$0.00
YoY Change	18.54%	17.3%	95.34%	-51.97%	14.76%	24.94%	19.32%	13.69%	11.24%	19.79%	13.83%	96.2%	20.66%	10.11%	33.82%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$27.79M	$23.44M	$19.98M	$10.23M	$21.30M	$18.56M	$14.86M	$12.45M	$10.95M	$9.845M	$8.219M	$7.220M	$3.680M	$3.050M	$2.770M	$2.070M	$0.00	$0.00
Cost Of Revenue	$1.263M	$198.5K	$80.83K	$72.68K	$230.5K	$142.8K	$226.1K	$134.3K	$95.93K	$80.53K	$106.0K	$70.00K	$100.0K	$140.0K	$220.0K	$120.0K
Gross Profit	$26.53M	$23.24M	$19.90M	$10.16M	$21.07M	$18.42M	$14.63M	$12.32M	$10.86M	$9.765M	$8.113M	$7.150M	$3.590M	$2.920M	$2.540M	$1.950M
Gross Profit Margin	95.45%	99.15%	99.6%	99.29%	98.92%	99.23%	98.48%	98.92%	99.12%	99.18%	98.71%	99.03%	97.55%	95.74%	91.7%	94.2%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$15.68M	$12.55M	$12.18M	$9.703M	$14.22M	$10.96M	$9.057M	$6.730M	$7.239M	$5.537M	$4.211M	$4.110M	$3.200M	$2.680M	$2.520M		$410.0K	$920.0K
YoY Change	24.93%	3.03%	25.52%	-31.78%	29.76%	21.02%	34.57%	-7.03%	30.73%	31.48%	2.47%	28.44%	19.4%	6.35%			-55.43%
% of Gross Profit	59.1%	53.98%	61.19%	95.52%	67.5%	59.51%	61.91%	54.64%	66.68%	56.71%	51.91%	57.48%	89.14%	91.78%	99.21%
Research & Development	$823.2K	$584.5K	$520.4K	$487.7K	$821.1K	$926.5K	$488.8K	$353.8K	$454.9K	$472.6K	$470.0K	$330.0K	$290.0K	$290.0K	$230.0K
YoY Change	40.83%	12.31%	6.72%	-40.61%	-11.37%	89.53%	38.16%	-22.23%	-3.73%	0.55%	42.42%	13.79%	0.0%	26.09%
% of Gross Profit	3.1%	2.51%	2.61%	4.8%	3.9%	5.03%	3.34%	2.87%	4.19%	4.84%	5.79%	4.62%	8.08%	9.93%	9.06%
Depreciation & Amortization	$2.274M	$2.761M	$2.859M	$2.222M	$1.954M	$1.840M	$1.767M	$1.698M	$1.674M	$109.8K	$45.56K	$1.610M	$460.0K	$40.00K	$30.00K	$30.00K
YoY Change	-17.63%	-3.41%	28.67%	13.74%	6.2%	4.14%	4.03%	1.44%	1424.34%	141.01%	-97.17%	250.0%	1050.0%	33.33%	0.0%
% of Gross Profit	8.57%	11.88%	14.36%	21.88%	9.27%	9.99%	12.08%	13.79%	15.42%	1.12%	0.56%	22.52%	12.81%	1.37%	1.18%	1.54%
Operating Expenses	$16.50M	$13.13M	$15.56M	$12.41M	$17.00M	$11.89M	$9.546M	$7.084M	$9.368M	$5.537M	$4.211M	$6.060M	$3.940M	$2.960M	$2.750M	$2.360M	$400.0K	$1.080M
YoY Change	25.64%	-15.59%	25.34%	-26.98%	42.99%	24.53%	34.75%	-24.38%	69.18%	31.48%	-30.5%	53.81%	33.11%	7.64%	16.53%	490.0%	-62.96%
Operating Profit	$6.730M	$6.072M	$4.345M	-$2.255M	$4.073M	$3.972M	$2.504M	$3.389M	$1.488M	$1.231M	$1.644M	$1.090M	-$350.0K	-$40.00K	-$210.0K	-$410.0K
YoY Change	10.83%	39.74%	-292.69%	-155.37%	2.54%	58.64%	-26.12%	127.71%	20.85%	-25.09%	50.82%	-411.43%	775.0%	-80.95%	-48.78%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	$9.063M	$7.411M	-$1.502M	-$618.1K	-$608.5K	$999.6K	$1.697M	$1.209M	$1.047M	$1.093M	$1.034M	-$860.0K	-$120.0K	-$90.00K	-$150.0K	-$90.00K	-$10.00K	$30.00K
YoY Change	22.29%	-593.35%	143.02%	1.58%	-160.87%	-41.08%	40.32%	15.44%	-4.19%	5.72%	-220.25%	616.67%	33.33%	-40.0%	66.67%	800.0%	-133.33%
% of Operating Profit	134.68%	122.06%	-34.57%		-14.94%	25.17%	67.77%	35.68%	70.38%	88.78%	62.9%	-78.9%
Other Income/Expense, Net	-$8.458M	-$7.636M	-$2.185M	-$559.8K	-$1.119M	-$2.500M				-$1.070M	-$1.011M					$0.00	-$10.00K	$160.0K
YoY Change	10.76%	249.53%	290.25%	-49.98%	-55.22%					5.83%						-100.0%	-106.25%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	-$1.728M	-$1.564M	$2.160M	-$2.815M	$2.953M	$1.415M	$553.2K	$2.536M	$668.2K	$161.6K	$633.1K	$280.0K	-$470.0K	-$140.0K	-$350.0K	-$500.0K	-$710.0K	-$1.030M
YoY Change	10.49%	-172.41%	-176.75%	-195.31%	108.77%	155.75%	-78.19%	279.53%	313.39%	-74.47%	126.1%	-159.57%	235.71%	-60.0%	-30.0%	-29.58%	-31.07%
Income Tax	$79.23K	$208.9K	$48.64K	-$605.9K	$10.02K	$196.8K	$432.2K	$770.7K	$194.9K	$139.7K	$69.77K	-$340.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income			2.25%		0.34%	13.91%	78.13%	30.39%	29.17%	86.46%	11.02%	-121.43%
Net Earnings	-$1.808M	-$1.773M	$2.112M	-$2.209M	$2.943M	$1.218M	-$11.42K	$1.765M	$473.3K	$21.89K	$563.3K	$620.0K	-$470.0K	-$140.0K	-$450.0K	-$500.0K	-$310.0K	-$720.0K
YoY Change	1.94%	-183.97%	-195.61%	-175.05%	141.68%	-10764.44%	-100.65%	272.99%	2062.19%	-96.11%	-9.14%	-231.91%	235.71%	-68.89%	-10.0%	61.29%	-56.94%
Net Earnings / Revenue	-6.5%	-7.56%	10.57%	-21.59%	13.82%	6.56%	-0.08%	14.18%	4.32%	0.22%	6.85%	8.59%	-12.77%	-4.59%	-16.25%	-24.15%
Basic Earnings Per Share	-$0.07	-$0.07	$0.10	-$0.12	$0.12	$0.03					$0.01
Diluted Earnings Per Share	-$0.07	-$0.07	$0.10	-$0.12	$0.11	$0.03	-$289.70	$44.58K	$12.10K	$568.30	$0.01	$16.26K	-$12.53K	-$4.126K	-$14.86K	-$50.00K	-$2.067M	-$8.000M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$16.69M	$18.24M	$16.06M	$5.993M	$9.687M	$6.312M	$3.486M	$2.305M	$570.6K	$560.2K	$440.0K	$400.0K	$200.0K	$440.0K	$410.0K	$30.00K	$200.0K	$510.0K
YoY Change	-8.48%	13.57%	167.94%	-38.13%	53.48%	81.05%	51.26%	303.9%	1.86%	27.31%	10.0%	100.0%	-54.55%	7.32%	1266.67%	-85.0%	-60.78%
Cash & Equivalents	$16.69M	$18.24M	$16.06M	$5.993M	$9.687M	$6.312M	$3.486M	$2.305M	$570.6K	$560.2K	$440.0K	$400.0K	$200.0K	$440.0K	$410.0K		$0.00	$10.00K
Short-Term Investments																	$200.0K	$500.0K
Other Short-Term Assets	$1.210M	$1.992M	$1.147M	$1.178M	$761.7K	$513.6K	$458.2K	$279.3K	$249.7K	$402.5K	$350.0K	$630.0K	$170.0K	$40.00K	$50.00K	$30.00K	$20.00K	$1.140M
YoY Change	-39.26%	73.59%	-2.59%	54.65%	48.29%	12.1%	64.02%	11.86%	-37.96%	15.0%	-44.44%	270.59%	325.0%	-20.0%	66.67%	50.0%	-98.25%
Inventory			$770.3K	$668.5K	$665.7K	$531.8K	$524.1K	$427.1K	$411.7K	$232.8K	$300.0K	$220.0K	$220.0K	$180.0K	$120.0K	$50.00K
Prepaid Expenses
Receivables	$4.174M	$3.450M	$4.377M	$2.493M	$1.834M	$2.850M	$2.302M	$2.137M	$1.829M	$1.473M	$1.270M	$1.030M	$840.0K	$310.0K	$370.0K	$230.0K
Other Receivables	$80.72K	$515.3K	$1.537M	$1.230M	$260.4K	$0.00	$0.00	$0.00	$0.00	$383.3K	$20.00K	$10.00K	$20.00K	$20.00K	$60.00K	$80.00K
Total Short-Term Assets	$22.16M	$24.19M	$23.89M	$11.56M	$13.21M	$10.21M	$6.770M	$5.148M	$3.061M	$2.948M	$2.390M	$2.290M	$1.450M	$990.0K	$1.010M	$410.0K	$220.0K	$1.650M
YoY Change	-8.42%	1.27%	106.61%	-12.46%	29.41%	50.76%	31.5%	68.21%	3.84%	23.33%	4.37%	57.93%	46.46%	-1.98%	146.34%	86.36%	-86.67%
Property, Plant & Equipment	$4.152M	$2.546M	$1.627M	$1.717M	$857.3K	$671.2K	$637.5K	$568.4K	$433.4K	$507.8K	$130.0K	$90.00K	$40.00K	$40.00K	$30.00K	$20.00K
YoY Change	63.08%	56.46%	-5.21%	100.25%	27.73%	5.28%	12.16%	31.16%	-14.65%	290.58%	44.44%	125.0%	0.0%	33.33%	50.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$321.1K	$273.3K	$167.1K	$117.2K	$399.3K	$334.5K	$253.7K	$449.1K	$435.1K	$189.0K	$440.0K	$10.00K	$50.00K	$20.00K	$0.00
YoY Change	17.5%	63.58%	42.62%	-70.66%	19.37%	31.87%	-43.52%	3.22%	130.19%	-57.04%	4300.0%	-80.0%	150.0%
Total Long-Term Assets	$18.32M	$17.82M	$16.56M	$19.01M	$9.778M	$10.99M	$12.34M	$13.86M	$15.22M	$16.54M	$18.84M	$20.11M	$21.67M	$930.0K	$720.0K	$740.0K	$0.00	$0.00
YoY Change	2.83%	7.57%	-12.88%	94.43%	-11.0%	-10.99%	-10.96%	-8.92%	-8.0%	-12.18%	-6.32%	-7.2%	2230.11%	29.17%	-2.7%
Total Assets	$40.48M	$42.01M	$40.45M	$30.57M	$22.99M	$21.19M	$19.11M	$19.01M	$18.28M	$19.49M	$21.23M	$22.40M	$23.12M	$1.920M	$1.730M	$1.150M	$220.0K	$1.650M
YoY Change
Accounts Payable	$1.002M	$1.130M	$374.3K	$467.8K	$766.3K	$681.9K	$1.035M	$461.9K	$1.422M	$518.4K	$240.0K	$290.0K	$270.0K	$200.0K	$310.0K	$150.0K	$170.0K	$30.00K
YoY Change	-11.31%	201.85%	-19.98%	-38.96%	12.37%	-34.14%	124.15%	-67.51%	174.26%	116.01%	-17.24%	7.41%	35.0%	-35.48%	106.67%	-11.76%	466.67%
Accrued Expenses	$2.853M	$3.946M	$2.656M	$1.433M	$1.663M	$1.296M	$887.8K	$1.109M	$850.9K	$519.2K	$320.0K	$250.0K	$360.0K	$130.0K	$130.0K	$300.0K	$250.0K	$190.0K
YoY Change	-27.7%	48.59%	85.37%	-13.86%	28.36%	45.93%	-19.98%	30.38%	63.89%	62.24%	28.0%	-30.56%	176.92%	0.0%	-56.67%	20.0%	31.58%
Deferred Revenue
YoY Change
Short-Term Debt	$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	$110.0K	$360.0K	$380.0K	$0.00	$0.00
YoY Change													-100.0%	-69.44%	-5.26%
Long-Term Debt Due	$854.1K	$940.1K	$1.100M	$2.222M	$1.635M	$1.471M	$1.196M	$1.230M	$4.707M	$3.547M	$2.930M	$2.360M	$1.840M	$80.00K	$20.00K	$20.00K
YoY Change	-9.14%	-14.57%	-50.49%	35.97%	11.11%	23.02%	-2.8%	-73.86%	32.71%	21.06%	24.15%	28.26%	2200.0%	300.0%	0.0%
Total Short-Term Liabilities	$4.876M	$6.032M	$4.401M	$4.248M	$4.158M	$4.991M	$4.869M	$4.709M	$8.000M	$5.367M	$4.300M	$3.560M	$2.810M	$740.0K	$1.030M	$1.080M	$420.0K	$1.540M
YoY Change	-19.17%	37.07%	3.61%	2.16%	-16.69%	2.49%	3.41%	-41.14%	49.07%	24.8%	20.79%	26.69%	279.73%	-28.16%	-4.63%	157.14%	-72.73%
Long-Term Debt	$53.20M	$52.96M	$52.14M	$49.69M	$46.29M	$8.650M	$7.435M	$8.716M	$7.514M	$12.19M	$15.65M	$18.25M	$20.04M	$1.150M	$1.170M	$1.190M	$0.00	$0.00
YoY Change	0.45%	1.57%	4.94%	7.35%	435.17%	16.35%	-14.7%	16.0%	-38.38%	-22.09%	-14.25%	-8.93%	1642.61%	-1.71%	-1.68%
Other Long-Term Liabilities	$585.9K	$830.3K	$1.019M	$1.282M	$170.8K	$96.18K	$1.347M	$961.3K	$52.64K	$56.24K
YoY Change	-29.44%	-18.52%	-20.49%	650.32%	77.6%	-92.86%	40.16%	1726.22%	-6.4%
Total Long-Term Liabilities	$53.78M	$53.79M	$53.16M	$50.97M	$46.46M	$8.746M	$8.782M	$9.677M	$7.567M	$12.25M	$15.65M	$18.25M	$20.04M	$1.150M	$1.170M	$1.190M	$0.00	$0.00
YoY Change	-0.02%	1.18%	4.3%	9.71%	431.23%	-0.41%	-9.25%	27.89%	-38.23%	-21.73%	-14.25%	-8.93%	1642.61%	-1.71%	-1.68%
Total Liabilities	$58.72M	$59.90M	$57.74M	$55.37M	$50.62M	$13.74M	$13.65M	$14.39M	$15.57M	$17.62M	$19.95M	$21.81M	$22.84M	$1.890M	$2.200M	$2.270M	$420.0K	$1.540M
YoY Change	-1.96%	3.74%	4.28%	9.39%	268.5%	0.62%	-5.11%	-7.59%	-11.63%	-11.7%	-8.53%	-4.51%	1108.47%	-14.09%	-3.08%	440.48%	-72.73%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2014	2013
Basic Shares Outstanding
Diluted Shares Outstanding	25.54M	24.77M	21.84M	18.28M	27.14M	41.20M	39.42M	39.59M	38.52M	38.31M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $69.683 Million

About Galaxy Gaming Inc

Galaxy Gaming, Inc. engages in the design, development, manufacturing, marketing, and acquisition of proprietary casino table games and associated technology, platforms and systems for the casino gaming industry. The company is headquartered in Las Vegas, Nevada and currently employs 46 full-time employees. The company went IPO on 2009-07-10. Casinos uses its proprietary products and services to enhance their gaming operations and improve their profitability, productivity and security, as well as to offer gaming entertainment content and technology to their players. The company also markets its products and services to online casinos worldwide and to land-based casino gaming companies in North America, the Caribbean, Central America, the United Kingdom, Europe and Africa and to cruise ship companies. The company licenses its products to gaming establishments in the physical world (casinos, racinos, cruise ships and others) and to providers of gaming devices such as electronic table games. The company also licenses its products to online casinos and other gaming-related websites.

Industry: Services-Amusement & Recreation Services Peers: PlayAGS Inc Canterbury Park Holding Corp Ebet Inc GAN Ltd Las Vegas Sands Corp Lottery.com Inc. Table Trac Inc