earnings
confidence high
sentiment positive
materiality 0.75
Galaxy Gaming Q4 revenue up 73% to $5.67M; guides FY2022 revenue $23.5-25.0M
Galaxy Gaming, Inc.
2022-Q1 EPS reported
$0.00
revenue$5,918,599
- Q4 revenue $5.67M (+73% YoY); net income $598K (Q4 2020 included $840K PPP gain).
- FY 2021 revenue $19.98M (+95%); net income $2.11M vs net loss $2.21M; iGaming gross revenue record $8.1M.
- Cash $16.1M (+168% YoY); gross debt $60.5M; dividend/repurchase restrictions through Nov 2022.
- FY2022 guidance: rev $23.5-25.0M, Adj. EBITDA $11.5-12.5M, assumes no COVID lockdowns/Ukraine impact.
- Board comp restructured: Chair $200K, members $150K, 60% cash/40% stock, ~0.3% dilution.