SequelSEC

Galaxy Gaming, Inc. GLXZ

Services-Amusement & Recreation Services · CIK 0000013156 · Fiscal year ends 1231

Revenue
$30.87M
Fiscal year ended 2025-12-31
Operating income
$8.18M
Fiscal year ended 2025-12-31
Free cash flow
$7.57M
Fiscal year ended 2025-12-31

Galaxy Gaming, Inc. (GLXZ) reported revenue of $30.87M and net income of $1.48M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Galaxy Gaming, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Amusement & Recreation Services.

Income

Galaxy Gaming, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$30.87M$31.74M$27.79M$23.44M$19.98M$10.23M$21.30M$18.56M$14.86M$12.45M
Cost of revenue$780.38K$1.51M$1.26M$198.53K$80.83K$72.68K$230.46K$142.78K$226.08K$134.28K
Gross profit$30.09M$30.23M$26.53M$23.24M$19.90M$10.16M$21.07M$18.42M$14.63M$12.32M
Operating income$8.18M$5.70M$6.73M$6.07M$4.35M-$2.26M$4.07M$3.91M$2.50M$3.39M
Net income$1.48M-$2.63M-$1.81M-$1.77M$2.11M-$2.21M$2.94M$1.22M-$11.42K$1.77M
Research & development$931.31K$1.06M$823.19K$584.51K$520.45K$487.68K$821.13K$926.47K$488.83K$353.82K
Weighted-average diluted sharesshares 26.22Mshares 25.72Mshares 25.54Mshares 24.77Mshares 21.84Mshares 18.28Mshares 27.14Mshares 41.20Mshares 39.42Mshares 39.59M
Pretax income$1.63M-$2.57M-$1.73M-$1.56M$2.16M-$2.81M$2.95M$1.41M$553.15K$2.54M
Income tax expense$144.35K$57.65K$79.23K$208.89K$48.64K-$605.94K$10.02K$196.80K$564.57K$770.72K
Diluted EPS$0.06$-0.10$-0.07$-0.07$0.10$-0.12$0.11$0.03$0.00$0.04
Selling, general & administrative$17.23M$19.69M$15.68M$12.55M$10.65M$8.96M$13.30M$10.96M$9.06M$6.73M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Galaxy Gaming, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$4.31M$18.12M$16.69M$18.24M$16.06M$5.99M$9.69MUnavailable$3.49M$2.30M
Total assets$27.50M$41.01M$40.48M$42.01M$40.45M$30.57M$22.99M$21.19M$19.11M$19.01M
Current assets$11.57M$24.17M$22.16M$24.19M$23.12M$11.56M$13.21M$10.21M$6.77M$5.15M
Total liabilities$44.97M$61.07M$58.72M$59.90M$57.74M$55.37M$50.62M$13.74M$13.65M$14.39M
Current liabilities$8.06M$6.60M$4.88M$6.03M$4.40M$4.25M$4.16M$4.99M$4.87M$4.71M
Total equity incl. NCI-$17.47M-$20.05M-$18.24M-$17.89M-$17.29M-$24.80M-$27.63M$7.46M$5.46M$4.63M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailable$770.25K$668.52K$665.65K$531.81K$524.13K$427.10K
Accounts receivable$5.74M$4.72M$4.17M$3.45M$4.38M$2.49M$1.83M$2.85M$2.30M$2.14M
Goodwill$1.09M$1.09M$1.09M$1.09M$1.09M$1.09M$1.09M$1.09M$1.09M$1.09M
Long-term debt$36.87M$54.12M$53.20M$52.96M$52.14M$49.69M$46.29M$8.65M$7.42M$8.67M
Accounts payable$1.88M$2.65M$1.00M$1.13M$374.32K$467.79K$766.30K$681.94K$1.04M$461.91K

Cash flow

Galaxy Gaming, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$7.70M$4.10M$2.73M$6.39M$6.47M-$1.63M$4.89M$4.29M$2.84MUnavailable
Capital expenditures$122.95K$56.61K$15.49K$117.01K$60.07K$62.79K$105.95K$69.79KUnavailableUnavailable
Investing cash flow-$2.83M-$1.62M-$2.96M-$3.42M-$701.64K-$6.46M-$163.35K-$102.84K-$100.62KUnavailable
Financing cash flow-$18.86M-$886.13K-$1.37M-$745.63K$4.36M$4.39M-$1.36M-$1.44M-$1.66MUnavailable
Net change in cash-$13.81M$1.43M-$1.55M$2.18M$10.07M-$3.69M$3.38M$2.73M$1.19MUnavailable
Stock-based compensation$540.41K$919.65K$1.02M$1.28M$1.53M$737.99K$927.70K$776.35K$813.48K$145.73K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$3.21M$2.86M$2.27M$2.76M$2.86M$2.22M$1.95M$1.84M$1.77M$1.70M

Derived

Galaxy Gaming, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$7.57M$4.04M$2.71M$6.27M$6.41M-$1.70M$4.78M$4.22MUnavailableUnavailable
Gross margin97.5%95.2%95.5%99.2%99.6%99.3%98.9%99.2%98.5%98.9%
Operating margin26.5%18.0%24.2%25.9%21.7%-22.0%19.1%21.1%16.9%27.2%
FCF margin24.5%12.7%9.8%26.8%32.1%-16.6%22.5%22.8%UnavailableUnavailable
SBC / revenue1.8%2.9%3.7%5.5%7.7%7.2%4.4%4.2%5.5%1.2%
Current ratio1.44x3.66x4.54x4.01x5.25x2.72x3.18x2.05x1.39x1.09x
Revenue YoY growth-2.7%14.2%18.5%17.3%95.3%-52.0%14.8%24.9%19.3%Unavailable
Net margin4.8%-8.3%-6.5%-7.6%10.6%-21.6%13.8%6.6%-0.1%14.2%
R&D / revenue3.0%3.3%3.0%2.5%2.6%4.8%3.9%5.0%3.3%2.8%
CapEx / revenue0.4%0.2%0.1%0.5%0.3%0.6%0.5%0.4%UnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate8.9%UnavailableUnavailableUnavailable2.3%Unavailable0.3%13.9%102.1%30.4%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open GLXZ in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-10View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-03-30View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-Q · Filed 2025-05-12View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.