Should I Buy Galaxy Gaming Inc (GLXZ)? Finance YouTuber Analysis

The YouTuber suggests Galaxy Gaming as a buy, highlighting its rebound in revenue (up 22% in the first nine months of last year) after the pandemic. The company has a strong balance sheet with increased cash and decreased long-term debt, and its online gaming segment, particularly in licensed table games, is a key growth driver.

“Revenue was up 22 percent in the first nine months of last year versus a year earlier to just over 17.5 million dollars and besides that growth what I'm really looking for in these small cap companies is the balance sheet Health to survive any down downturn and make it to the next bull market”

Joseph Hogue recommends Galaxy Gaming due to its strong recovery post-pandemic, with revenue jumping 95% and adjusted earnings up 534%. The company has a solid cash reserve and has paid down debt, positioning it for continued growth in the travel and entertainment sector.

“The pandemic lockdowns hit sales hard but this one is coming back fast revenue jumped 95% last year to 20 million dollars just a million under the 2019 record and adjusted earnings were up 534%.”