Added to YB: 2024-12-27
Pitch date: 2024-12-26
GLXZ [bullish]
Galaxy Gaming, Inc.
Author Info
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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
$68.0M
Pitch Price
N/A
Price Target
3.20
Dividend
N/A
Sector
Hotels, Restaurants and Leisure
Category
special_situation
A Special Situation with a 35% IRR - Galaxy Gaming, Inc.
GLXZ: Evolution acquiring at $3.20/share (17% upside) by mid-2025. High-quality biz w/ recurring revenue, 90% margins. 4.5x 2025 EBITDA, 10.7% CAGR to 2029. Risks: regulatory hurdles, debt management ($53.8M LTD), missing projections. New CFO w/ M&A, debt restructuring experience. $5.2M breakup fee if deal fails.
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