Added to YB: 2025-09-25
Pitch date: 2025-08-08
GLXZ [bullish]
Galaxy Gaming, Inc.
-3.1%
current return
Author Info
No bio for this author
Company Info
Galaxy Gaming, Inc., a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry.
Market Cap
$71.6M
Pitch Price
$2.90
Price Target
3.20 (+14%)
Dividend
N/A
EV/EBITDA
13.07
P/E
-17.64
EV/Sales
3.55
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Galaxy Gaming, Inc. - $GLXZ
GLXZ: 30% annualized IRR merger arb with Evolution at $3.20/share vs $2.90 current price. Deal highly likely to close (80%+ chance) pending gaming approvals across US states. Low downside ~3-7% if deal breaks due to $45M BMO refinancing (saving $2.8M annual interest) + $5.2M termination fee. 2024 EBITDA beat by 7% at $13M, trading 8.6x EBITDA while growing teens %.
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