---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-017559"
form_type: "8-K"
ticker: "GLXZ"
cik: "0000013156"
company_name: "Galaxy Gaming, Inc."
filed_at: "2022-08-17T23:59:59+00:00"
generated_at: "2026-06-23T23:03:11.557902+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Galaxy Gaming Q2 revenue up 20% to $5.68M but net loss; lowers FY guidance

## Summary
- Q2 revenue $5.68M (+20% YoY); Adj EBITDA $2.36M (+10%); net loss $1.12M vs prior-year profit of $0.55M.
- 1H revenue $11.60M (+28%); Adj EBITDA $5.03M (+31%); net loss $1.13M vs prior-year profit.
- Cash $17.25M; long-term debt $59.87M; stockholders' deficit $(18.03)M.
- FY guidance lowered: revenue $22.5-23.5M, Adj EBITDA $10-11M due to FX, inflation, interest rate headwinds.
- Constant-currency revenue growth 24% in Q2, 32% in 1H; new products: Triton platform, online roulette/baccarat.

## SEC filing metadata
- accession: 0000950170-22-017559
- form_type: 8-K
- ticker: GLXZ
- cik: 0000013156
- company_name: Galaxy Gaming, Inc.
- filed_at: 2022-08-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/13156/000095017022017559/0000950170-22-017559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/13156/000095017022017559/glxz-20220815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-017559
- JSON: https://secwatch.observer/filing/0000950170-22-017559.json
- Plain text: https://secwatch.observer/filing/0000950170-22-017559.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.