Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $0.21 USD
Change Today +0.0537 / 33.31%
Volume 4.4K
As of 5:20 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

galaxy gaming inc (GLXZ) Snapshot

Open
$0.17
Previous Close
$0.16
Day High
$0.21
Day Low
$0.16
52 Week High
10/10/14 - $0.51
52 Week Low
06/19/15 - $0.15
Market Cap
8.4M
Average Volume 10 Days
28.7K
EPS TTM
--
Shares Outstanding
39.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GALAXY GAMING INC (GLXZ)

Related News

No related news articles were found.

galaxy gaming inc (GLXZ) Related Businessweek News

No Related Businessweek News Found

galaxy gaming inc (GLXZ) Details

Galaxy Gaming, Inc., a gaming company, designs, develops, manufactures, markets, and acquires proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. Its proprietary table games comprise side bets, which are proprietary features and wagering schemes added to public domain games, such as poker, baccarat, pai gow poker, craps, and blackjack table games; and premium games that are stand-alone games with their own unique set of rules and strategies. The company offer side bets under the Lucky Ladies, 21+3, and Bonus Craps titles; and premium games under the High Card Flush, World Poker Tour Heads Up Hold’em, Three Card Poker, Three Card Prime, and Emperor’s Challenge titles. It also provides enhanced table systems, including Bonus Jackpot System, an electronic system installed on gaming tables that is used to detect players’ wagers, evaluate game play, determine dealer efficiency, and to assist in calculating jackpots and bonusing offerings; Inter-Casino Jackpot System to connect and/or aggregate bonus or progressive jackpots from various casinos into a common network; and MEGA-Share, a game-play methodology. In addition, the company offers the TableMAX e-Table system, an automated, multi-player electronic table game platform; and other ancillary equipment. It markets its products to land-based, riverboat, and cruise ship gaming establishments, and to Internet gaming companies. The company offers its products primarily via its internal sales force to casinos throughout North America, the Caribbean, the British Isles, Europe, and Australia, as well as to cruise ships and Internet gaming sites worldwide. Galaxy Gaming, Inc. is headquartered in Las Vegas, Nevada.

19 Employees
Last Reported Date: 03/31/15

galaxy gaming inc (GLXZ) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $133.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2014.

galaxy gaming inc (GLXZ) Key Developments

Galaxy Gaming, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Galaxy Gaming, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. Total revenue for the first quarter increased 14% to $2,584,093, over $2,264,811 reported in the same quarter 2014. This increase is primarily due to additional placement of premium games and expansion into new territories. Net income for the first quarter 2015 was $62,859, which was a decrease of 58% from $151,165 reported in the same quarter 2014. The decrease was primarily due to the increases in selling, general & administrative expenses. Adjusted EBITDA, a non-GAAP financial measure, for the first quarter 2015 decreased 15% to $828,744, compared to $979,498 reported in the first quarter 2014. Income from operations was $390,508 against $522,018 reported last year. Income before provision for income taxes was $116,454 against $244,408 reported last year. Net cash provided by operating activities was $575,012 against $653,718 reported last year. Acquisition of property and equipment was $7,895 against $10,619 reported last year.

Galaxy Gaming, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Galaxy Gaming, Inc. announced unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the year, the company reported total revenue of $9,845,108 against $8,218,598 a year ago. Income from operations was $1,231,419 against $1,643,943 a year ago. Income before provision for income taxes was $161,633 against loss before provision for income taxes of $633,084 a year ago. Net income was $21,888 against $563,317 a year ago. Diluted earnings per share were $0.00 against $0.01 a year ago. Net cash provided by operating activities was $3,224,973 against $2,375,798 a year ago. Acquisition of property and equipment was $76,716 against $22,653 a year ago. Acquisition of intangible assets was $35,000. EBITDAS was $3,754,851 against $3,434,215 a year ago. For the quarter, the company's revenue was $2,600,000 increased 16% or $358,000 from $2,242,000. These increases are primarily due to additional placement of premium games and expansion into new territories. EBITDAS was $339,000 decreased 67% or $697,000 from $1,036,000. Pre-tax loss was $520,000 decreased $895,000 from profit of $375,000. Net loss was $326,000 decreased $721,000 from income of $395,000. The decrease was primarily due to the increases in selling, general & administrative expenses and non-cash charges related to impairment of intangible assets and share-based compensation. This decrease was primarily driven by the non-cash impairment and share-based compensation charges recognized at year end. EBITDAS decreased 63%, due to the non-cash impairment and share-based compensation charges recognized at year end.

Bryan W. Waters to Join Galaxy Gaming's Board of Directors, Effective April 1, 2015

Galaxy Gaming announced that Bryan W. Waters has agreed to join the company's Board of Directors, effective April 1, 2015. Mr. Waters is a seasoned financial executive with over 25 years working in the banking and financial industry. Mr. Waters brings to Galaxy's Board significant experience in finance, commercial banking, capital raising, financial turnaround, strategic and tactical planning. In September of 2013, Mr. Waters assumed the role of Chief Executive Officer of CBV and continues to serve in that role presently.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GLXZ:US $0.21 USD +0.0537

GLXZ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aristocrat Leisure Ltd A$7.87 AUD -0.09
DEQ Systems Corp C$0.18 CAD +0.025
Emperor Entertainment Hotel Ltd $1.72 HKD -0.04
Scientific Games Corp $15.52 USD -0.37
Universal Entertainment Corp ¥3,040 JPY +58.00
View Industry Companies
 

Industry Analysis

GLXZ

Industry Average

Valuation GLXZ Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 2.9x
Price/Cash Flow 3.9x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GALAXY GAMING INC, please visit www.galaxygaming.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.