Galaxy Gaming, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.9M | $31.7M | $27.8M | $23.4M | $20.0M | $10.2M | $21.3M | $18.6M |
| Cost of Revenue | $780.4K | $1.5M | $1.3M | $198.5K | $80.8K | $72.7K | $230.5K | $142.8K |
| Gross Profit | $30.1M | $30.2M | $26.5M | $23.2M | $19.9M | $10.2M | $21.1M | $18.4M |
| Gross Margin | 97.5% | 95.2% | 95.5% | 99.2% | 99.6% | 99.3% | 98.9% | 99.2% |
| Operating Expenses | ||||||||
| Research & Development | $931.3K | $1.1M | $823.2K | $584.5K | $520.4K | $487.7K | $821.1K | $926.5K |
| SG&A Expense | $17.2M | $19.7M | $15.7M | $12.5M | $10.6M | $9.0M | $13.3M | $11.0M |
| Operating Income | $8.2M | $5.7M | $6.7M | $6.1M | $4.3M | $-2.3M | $4.1M | $3.9M |
| Operating Margin | 26.5% | 18.0% | 24.2% | 25.9% | 21.7% | -22.0% | 19.1% | 21.1% |
| Interest Expense | — | — | $9.1M | $7.4M | $1.5M | $683.4K | $679.2K | $999.6K |
| Pretax Income | $1.6M | $-2.6M | $-1.7M | $-1.6M | $2.2M | $-2.8M | $3.0M | $1.4M |
| Income Tax Expense | $144.3K | $57.6K | $79.2K | $208.9K | $48.6K | $-605.9K | $10.0K | $196.8K |
| Net Income | $1.5M | $-2.6M | $-1.8M | $-1.8M | $2.1M | $-2.2M | $2.9M | $1.2M |
| Net Margin | 4.8% | -8.3% | -6.5% | -7.6% | 10.6% | -21.6% | 13.8% | 6.6% |
| EPS (Basic) | $0.06 | $-0.10 | $-0.07 | $-0.07 | $0.10 | $-0.12 | $0.12 | $0.03 |
| EPS (Diluted) | $0.06 | $-0.10 | $-0.07 | $-0.07 | $0.10 | $-0.12 | $0.11 | $0.03 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | 26.2M | 25.7M | 25.5M | 24.8M | 21.8M | 18.3M | 27.1M | 41.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |