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-0.0251572327044025 -0.0251572327044025 -0.0566037735849057 -0.0566037735849057 -0.0880503144654087 -0.0566037735849057 -0.0566037735849057 -0.0880503144654087
Stock impact report

Galaxy Gaming Reports Q4 and FY 2023 Financial Results [Yahoo! Finance]

GALAXY GAMING INC (GLXZ) 
NASDAQ:AMEX Investor Relations: ir.galaxygaming.com
Company Research Source: Yahoo! Finance
systems for land-based casinos and iGaming content, announced today its financial results for the quarter and year ended December 31, 2023. Financial Highlights Q4 2023 vs. Q4 2022 Revenue (gross) increased 25% to $8,382K Revenue (net) increased 13% to $6,737K Net loss of $(820)K vs. net income of $55K Adjusted EBITDA decreased 10% to $2,828K Increased 10% when adjusting Q4 22 for ERTC Fiscal Year 2023 vs. Fiscal Year 2022 Revenue (gross) increased 23% to $31,729K Revenue (net) increased 19% to $27,789K Net loss of $(1,808)K vs. net loss of $(1,773)K Adjusted EBITDA increased 1% to $10,635K Increased 7% when adjusting FY 22 for ERTC Balance Sheet Changes (vs. December 31, 2022) Cash decreased 9% to $16,692K Total long-term debt (gross) decreased to $58,431K from $59,740K Stockholders' deficit increased to $(18,243)K from $(17,885)K ________________________ Q4 2022 benefitted from $575k of Employee Retention Tax Credits. Excluding such credits, Adj Show less Read more
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