Added to YB: 2024-12-27
Pitch date: 2024-12-26
GLXZ [bullish]
Galaxy Gaming, Inc.
-38.77%
current return
Author Info
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Company Info
Galaxy Gaming, Inc., a gaming company, engages in the design, development, acquisition, assembly, marketing and licensing of proprietary casino table games, side bets, and associated technology, platforms and systems for the casino and iGaming industries.
Market Cap
$42.8M
Pitch Price
$2.76
Price Target
3.20 (+76%)
Dividend
N/A
EV/EBITDA
6.41
P/E
9.05
EV/Sales
2.49
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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