Galaxy Gaming, Inc. (GLXZ)

Galaxy Gaming Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	30.87	31.74	27.79	23.44	19.98
Revenue Growth (YoY)	-2.72%	14.21%	18.54%	17.30%	95.34%
Cost of Revenue	0.78	1.51	1.26	0.2	0.08
Gross Profit	30.09	30.23	26.53	23.24	19.9
Selling, General & Admin	17.23	19.69	15.68	12.52	10.63
Research & Development	0.93	1.06	0.82	0.58	0.52
Operating Expenses	21.91	24.53	19.8	17.14	15.55
Operating Income	8.18	5.7	6.73	6.1	4.36
Interest Expense	-3.59	-9.07	-9.06	-7.41	-1.44
Interest & Investment Income	0.05	0.78	0.61	0.07	0
Currency Exchange Gain (Loss)	-0.04	0.01	-0.01	-0.29	-0.06
EBT Excluding Unusual Items	4.6	-2.57	-1.73	-1.53	2.86
Legal Settlements	-	-	-	-	-0.68
Other Unusual Items	-2.97	-	-	-0.03	-0.01
Pretax Income	1.63	-2.57	-1.73	-1.56	2.16
Income Tax Expense	0.14	0.06	0.08	0.21	0.05
Net Income	1.48	-2.63	-1.81	-1.77	2.11
Net Income to Common	1.48	-2.63	-1.81	-1.77	2.11
Shares Outstanding (Basic)	26	26	26	25	20
Shares Outstanding (Diluted)	26	26	26	25	22
Shares Change (YoY)	1.95%	0.68%	3.11%	13.42%	19.46%
EPS (Basic)	0.06	-0.10	-0.07	-0.07	0.10
EPS (Diluted)	0.06	-0.10	-0.07	-0.07	0.10
Free Cash Flow	5.63	2	-0.37	5.62	5.94
Free Cash Flow Per Share	0.21	0.08	-0.01	0.23	0.27
Gross Margin	97.47%	95.24%	95.45%	99.15%	99.60%
Operating Margin	26.49%	17.97%	24.22%	26.02%	21.81%
Profit Margin	4.81%	-8.28%	-6.50%	-7.56%	10.57%
Free Cash Flow Margin	18.24%	6.30%	-1.32%	23.97%	29.74%
EBITDA	11.39	8.57	9	8.86	7.22
EBITDA Margin	36.89%	26.99%	32.40%	37.80%	36.11%
D&A For EBITDA	3.21	2.86	2.27	2.76	2.86
EBIT	8.18	5.7	6.73	6.1	4.36
EBIT Margin	26.49%	17.97%	24.22%	26.02%	21.81%
Effective Tax Rate	8.87%	-	-	-	2.25%
Revenue as Reported	30.87	31.74	27.79	23.44	19.98

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.