Galaxy Gaming, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.9M | $12.5M | $11.0M | $9.8M | $8.2M | $1.1M | $1.2M | $3.1M |
| Cost of Revenue | $226.1K | $134.3K | $95.9K | $80.5K | $106.0K | — | — | — |
| Gross Profit | $14.6M | $12.3M | $10.9M | $9.8M | $8.1M | — | — | — |
| Gross Margin | 98.5% | 98.9% | 99.1% | 99.2% | 98.7% | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $488.8K | $353.8K | $454.9K | $472.6K | $466.9K | $332.5K | $286.1K | $285.3K |
| SG&A Expense | $9.1M | $6.7M | $7.1M | $5.5M | $4.2M | $4.1M | $3.2M | $2.6M |
| Operating Income | $2.5M | $3.4M | $1.5M | $1.2M | $1.6M | $1.1M | $-356.2K | $-47.6K |
| Operating Margin | 16.9% | 27.2% | 13.6% | 12.5% | 20.0% | 95.0% | -30.8% | -1.6% |
| Interest Expense | $1.7M | $1.2M | $1.0M | $1.1M | $1.0M | $882.5K | $-142.0K | $-114.4K |
| Pretax Income | $553.2K | $2.5M | $668.2K | $161.6K | $633.1K | $279.9K | $-473.3K | $-135.9K |
| Income Tax Expense | $564.6K | $770.7K | $194.9K | $139.7K | $69.8K | $341.8K | $0 | $0 |
| Net Income | $-11.4K | $1.8M | $473.3K | $21.9K | $563.3K | $621.7K | $-473.3K | $-135.9K |
| Net Margin | -0.1% | 14.2% | 4.3% | 0.2% | 6.9% | 54.1% | -41.0% | -4.4% |
| EPS (Basic) | $0.00 | $0.05 | $0.01 | — | $0.01 | $0.02 | $-0.01 | $0.00 |
| EPS (Diluted) | $0.00 | $0.04 | $0.01 | — | $0.01 | $0.02 | $-0.01 | $0.00 |
| Shares Outstanding (Basic) | — | — | — | — | — | 38.1M | 35.4M | 35.0M |
| Shares Outstanding (Diluted) | 39.4M | 39.6M | 39.1M | 38.5M | 38.3M | 38.3M | 35.4M | 35.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |