Want to see GLXZ full AI Analyst Report?
Top Page
Galaxy Gaming
(OTC:GLXZ)
Select Model
Select Model
Rating:61Neutral
Price Target:
$1.50
▼(-13.79% Downside)
Action:Reiterated
Date:10/21/26
The score is driven primarily by improving profitability and generally solid cash generation, but capped by persistent negative equity that materially elevates financial risk. Technicals are neutral-to-weak with the stock below key longer-term moving averages and slightly negative MACD, while valuation is supportive with a low P/E. Corporate events are modestly favorable due to buybacks and dilution reduction, partially offset by uncertainty from the terminated merger.
Positive Factors
Recurring Revenue Model
A predominantly recurring revenue base from casino and iGaming channels improves revenue visibility and supports durable cash generation. Record core recurring revenue and continued iGaming growth indicate that customer placements and licensing relationships are expanding rather than relying solely on one-time sales.
Negative Factors
Negative Stockholders’ Equity
Persistent negative equity leaves Galaxy with a strained capitalization profile and reduces financial flexibility relative to a company with positive retained capital. This can make the business more vulnerable during operating weakness and limits its cushion for absorbing unexpected financial pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring Revenue Model
A predominantly recurring revenue base from casino and iGaming channels improves revenue visibility and supports durable cash generation. Record core recurring revenue and continued iGaming growth indicate that customer placements and licensing relationships are expanding rather than relying solely on one-time sales.
Read all positive factors
Galaxy Gaming (GLXZ) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$41.04M
Dividend YieldN/A
Average Volume (3M)71.77K
Price to Earnings (P/E)8.6
Beta (1Y)0.32
Revenue Growth2.08%
EPS GrowthN/A
CountryUS
Employees47
SectorConsumer Cyclical
Sector Strength84
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)0.19
Shares Outstanding25,023,865
10 Day Avg. Volume66,128
30 Day Avg. Volume71,767
Financial Highlights & Ratios
PEG Ratio-0.30
Price to Book (P/B)-4.26
Price to Sales (P/S)2.41
P/FCF Ratio16.05
Enterprise Value/Market Cap1.89
Enterprise Value/Revenue2.48
Enterprise Value/Gross Profit2.69
Enterprise Value/Ebitda6.27
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. is a company dedicated to the casino gaming industry, focusing on the innovation, development, acquisition, production, promotion, and licensing of exclusive casino table games, along with their complementary technologies, plat...
How the Company Makes Money
Galaxy Gaming primarily makes money by monetizing its intellectual property and gaming products through recurring fees paid by casinos. A major revenue stream is the licensing of proprietary table games and side bets, where casinos pay ongoing roy...
Galaxy Gaming Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
32
Negative
Cash Flow
68
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.16M | 30.87M | 31.74M | 27.79M | 23.44M | 19.98M |
| Gross Profit | 28.82M | 30.09M | 30.23M | 26.53M | 23.24M | 19.90M |
| EBITDA | 12.34M | 8.69M | 9.61M | 9.85M | 8.84M | 6.75M |
| Net Income | 4.92M | 1.48M | -2.63M | -1.81M | -1.77M | 2.11M |
Balance Sheet | ||||||
| Total Assets | 26.96M | 27.50M | 41.01M | 40.48M | 42.01M | 40.45M |
| Cash, Cash Equivalents and Short-Term Investments | 4.76M | 4.31M | 18.12M | 16.69M | 18.24M | 16.06M |
| Total Debt | 3.01M | 39.58M | 55.55M | 54.91M | 54.98M | 54.49M |
| Total Liabilities | 42.11M | 44.97M | 61.07M | 58.72M | 59.90M | 57.74M |
| Stockholders Equity | -15.15M | -17.47M | -20.05M | -18.24M | -17.89M | -17.29M |
Cash Flow | ||||||
| Free Cash Flow | 6.12M | 4.64M | 1.29M | -1.06M | 3.59M | 5.74M |
| Operating Cash Flow | 7.52M | 7.70M | 4.10M | 2.73M | 6.39M | 6.00M |
| Investing Cash Flow | -3.76M | -2.83M | -1.62M | -2.96M | -3.42M | -233.73K |
| Financing Cash Flow | -3.88M | -18.86M | -886.13K | -1.37M | -745.63K | 4.36M |
Galaxy Gaming Technical Analysis
Positive
1.74
Price Trends
1.63
Positive
1.66
Negative
1.81
Negative
Market Momentum
<0.01
Negative
57.74
Neutral
90.91
Negative
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 1.74 is above the 20-day moving average (MA) of 1.60, above the 50-day MA of 1.63, and below the 200-day MA of 1.81, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.74 is Neutral, neither overbought nor oversold. The STOCH value of 90.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
62 Neutral | $81.48M | 689.47 | 0.14% | 1.78% | 0.61% | -25.62% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | $41.04M | 8.63 | -28.99% | ― | 2.08% | ― | |
53 Neutral | $94.36M | -11.30 | 70.68% | ― | -6.73% | -114.46% | |
49 Neutral | $46.84M | 11.81 | -4.02% | ― | -55.87% | ― | |
45 Neutral | $31.35M | -0.84 | 7622.52% | ― | 2.76% | 11.27% | |
44 Neutral | $19.96M | -0.37 | 53.66% | ― | 1.08% | 54.98% |
* Consumer Cyclical Sector Average
GLXZ
Galaxy Gaming
1.64
-1.16
-41.43%
CPHC
Canterbury Park Holding
15.72
0.14
0.92%
CNTY
Century Casinos
0.71
-1.32
-65.07%
FLL
Full House Resorts
0.86
-1.69
-66.34%
INSE
Inspired Entertainment
3.58
-4.10
-53.39%
ROLR
High Roller Technologies, Inc.
4.25
1.13
36.22%
Galaxy Gaming Corporate Events
Business Operations and StrategyExecutive/Board Changes
Galaxy Gaming Appoints Veteran Executive John Boushy Director
Positive
Oct 21, 2026
On October 18, 2026, Galaxy Gaming director Meredith Brill notified the board of her decision to resign from the board and its audit committee, effective October 20, 2026, after four years of service. The company emphasized that her departure did ...
Business Operations and StrategyStock BuybackFinancial Disclosures
Galaxy Gaming Highlights Strong Recurring Revenue and Growth
Positive
Oct 16, 2026
On October 16, 2026, Galaxy Gaming, Inc. published an updated investor presentation detailing its second-quarter 2026 performance and business momentum, highlighting that 99% of Q2 revenue was recurring across its land-based and iGaming channels. ...
Business Operations and StrategyPrivate Placements and Financing
Galaxy Gaming Amends Credit Agreement to Enhance Flexibility
Positive
Sep 25, 2026
On September 23, 2026, Galaxy Gaming, Inc. amended its existing Credit Agreement with BMO Bank N.A., adjusting key financial covenants that govern its borrowing arrangements. The Second Amendment raises the annual capital expenditure cap to no mor...
Business Operations and StrategyExecutive/Board Changes
Galaxy Gaming extends CEO contract and incentives package
Positive
Sep 21, 2026
On September 18, 2026, Galaxy Gaming, Inc. approved an amended and restated employment agreement for President and CEO Matt Reback, effective September 1, 2026, extending his term through May 31, 2029 and setting base compensation at $367,500 thro...
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and Compliance
Galaxy Gaming Extends CFO Agreement and Compensation Package
Positive
Sep 10, 2026
On September 8, 2026, Galaxy Gaming, Inc. entered into an Amended and Restated Employment Agreement, effective September 1, 2026, with Chief Financial Officer, Secretary and Treasurer Steven Kopjo. The agreement extends his employment term through...
Business Operations and StrategyStock Buyback
Galaxy Gaming Eliminates Warrants, Streamlines Capital Structure
Positive
Aug 17, 2026
On August 12, 2026, Galaxy Gaming canceled 778,320 common stock purchase warrants previously issued to affiliates of former lender Fortress Credit Corp., paying approximately $1.2 million in cash funded from cash on hand and eliminating all outsta...
Business Operations and StrategyStock BuybackPrivate Placements and Financing
Galaxy Gaming Amends Credit Agreement to Enable Buybacks
Positive
Jul 30, 2026
On July 24, 2026, Galaxy Gaming, Inc. amended its January 6, 2025 Credit Agreement with BMO Bank N.A. to allow repurchases of up to $4 million of its stock, equity interests or warrants, subject to minimum liquidity of $5 million, use of a specifi...
Business Operations and StrategyStock BuybackM&A Transactions
Galaxy Gaming Announces New $4 Million Share Buyback
Positive
Jul 22, 2026
On July 22, 2026, Galaxy Gaming, Inc. announced that its Board of Directors had authorized a share repurchase program of up to $4.0 million of the company’s outstanding common stock, effective immediately, replacing a prior $750,000 authoriz...
Business Operations and StrategyM&A Transactions
Galaxy Gaming faces terminated merger, returns to independence
Negative
Jul 21, 2026
On July 21, 2026, Galaxy Gaming reported that Evolution Malta Holding Limited terminated their Agreement and Plan of Merger originally signed on July 18, 2024 and later amended in November 2025, halting Evolution’s planned acquisition of Gal...
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.