Galaxy Gaming Inc. (GLXZ)
OTHER OTC:GLXZ
Top Page
Galaxy Gaming
(OTC:GLXZ)
Select Model
Select Model
Rating:54Neutral
Price Target:
$2.00
▼(-31.27% Downside)
Action:ReiteratedDate:03/31/26
The score is held back primarily by balance-sheet risk (persistent negative equity) and weak technicals (below key moving averages with negative MACD). These are partly offset by improving operating and free cash flow and a return to profitability in 2025, with moderate valuation (P/E ~17.9) and a positive, but still uncertain, merger-related corporate catalyst.
Positive Factors
Recurring Licensing Model
Galaxy’s core business monetizes proprietary table-game IP via licensing and royalties to casinos and iGaming operators. This creates durable, scalable recurring revenue tied to installed tables and game performance, supporting predictable cash flows and long-term customer lock-in.
Negative Factors
Persistent Negative Shareholders' Equity
Negative equity signals a thin or impaired capital base, limiting balance-sheet cushion and raising creditor and refinancing concerns. This structural weakness constrains strategic flexibility, increases cost of capital and can hamper growth or M&A options over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring Licensing Model
Galaxy’s core business monetizes proprietary table-game IP via licensing and royalties to casinos and iGaming operators. This creates durable, scalable recurring revenue tied to installed tables and game performance, supporting predictable cash flows and long-term customer lock-in.
Read all positive factors
Galaxy Gaming (GLXZ) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$48.93M
Dividend YieldN/A
Average Volume (3M)43.60K
Price to Earnings (P/E)50.2
Beta (1Y)-0.23
Revenue Growth-2.27%
EPS Growth64.33%
CountryUS
Employees47
SectorConsumer Cyclical
Sector Strength84
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)0.06
Shares Outstanding25,354,624
10 Day Avg. Volume59,709
30 Day Avg. Volume43,604
Financial Highlights & Ratios
PEG Ratio-0.31
Price to Book (P/B)-4.26
Price to Sales (P/S)2.41
P/FCF Ratio16.05
Enterprise Value/Market Cap1.72
Enterprise Value/Revenue2.73
Enterprise Value/Gross Profit2.80
Enterprise Value/Ebitda9.69
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Galaxy Gaming Business Overview & Revenue Model
Company Description
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 g...
How the Company Makes Money
Galaxy Gaming primarily makes money by monetizing its portfolio of proprietary casino table games and related intellectual property through licensing arrangements with casino operators and iGaming platforms. A core revenue stream is recurring lice...
Galaxy Gaming Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
34
Negative
Cash Flow
71
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 30.87M | 31.74M | 27.79M | 23.44M | 19.98M |
| Gross Profit | 30.09M | 30.23M | 26.53M | 23.24M | 19.90M |
| EBITDA | 8.69M | 9.61M | 9.85M | 8.84M | 6.75M |
| Net Income | 1.48M | -2.63M | -1.81M | -1.77M | 2.11M |
Balance Sheet | |||||
| Total Assets | 27.50M | 41.01M | 40.48M | 42.01M | 40.45M |
| Cash, Cash Equivalents and Short-Term Investments | 4.31M | 18.12M | 16.69M | 18.24M | 16.06M |
| Total Debt | 39.58M | 55.55M | 54.91M | 54.98M | 54.49M |
| Total Liabilities | 44.97M | 61.07M | 58.72M | 59.90M | 57.74M |
| Stockholders Equity | -17.47M | -20.05M | -18.24M | -17.89M | -17.29M |
Cash Flow | |||||
| Free Cash Flow | 4.64M | 1.29M | -1.06M | 3.59M | 5.74M |
| Operating Cash Flow | 7.70M | 4.10M | 2.73M | 6.39M | 6.00M |
| Investing Cash Flow | -2.83M | -1.62M | -2.96M | -3.42M | -233.73K |
| Financing Cash Flow | -18.86M | -886.13K | -1.37M | -745.63K | 4.36M |
Galaxy Gaming Technical Analysis
Neutral
2.91
Price Trends
1.92
Positive
2.36
Negative
2.59
Negative
Market Momentum
<0.01
Negative
65.48
Neutral
90.83
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GLXZ, the sentiment is Neutral. The current price of 2.91 is above the 20-day moving average (MA) of 1.75, above the 50-day MA of 1.92, and above the 200-day MA of 2.59, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.48 is Neutral, neither overbought nor oversold. The STOCH value of 90.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GLXZ.
Galaxy Gaming Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $79.98M | -50.54 | -0.63% | 1.85% | -4.85% | -129.08% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | $97.69M | -2.34 | -233.17% | ― | 7.45% | 5.03% | |
56 Neutral | $191.31M | -16.00 | 184.28% | ― | 4.03% | ― | |
54 Neutral | $48.93M | 50.19 | -7.57% | ― | -2.27% | 64.33% | |
47 Neutral | $42.08M | -0.65 | 155.17% | ― | -1.57% | -80.41% | |
45 Neutral | $40.08M | 25.19 | 12.75% | ― | 3.80% | 59.04% |
* Consumer Cyclical Sector Average
GLXZ
Galaxy Gaming
1.93
-0.85
-30.58%
CPHC
Canterbury Park Holding
15.61
-1.28
-7.56%
CNTY
Century Casinos
1.47
-0.04
-2.65%
FLL
Full House Resorts
2.70
-0.81
-23.08%
INSE
Inspired Entertainment
7.07
-0.63
-8.18%
ROLR
High Roller Technologies, Inc.
3.68
0.70
23.49%
Galaxy Gaming Corporate Events
M&A Transactions
Galaxy Gaming advances toward merger with Evolution Malta
Positive
Mar 5, 2026
Galaxy Gaming, Inc. has entered into a merger agreement, dated July 18, 2024 and later amended, under which Galaga Merger Sub, Inc., a wholly owned subsidiary of Evolution Malta Holding Limited, will merge with Galaxy, leaving Galaxy as a wholly o...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.