BALTIMORE, MD / ACCESSWIRE / August 13, 2019 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has released a new research report on Galaxy Next Generation, Inc. (OTCQB:GAXY). Galaxy Next Generation is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. This report carries a price target. To view the new research report, along with disclosures and disclaimers, or to download all the report in its entirety, please visit http://www.goldmanresearch.com.
The Smart Education and Learning Market is estimated to grow from $240 billion in 2017 to $994 billion by 2024, a CAGR of 22.7%. The utilization of new technologies in the classroom serve as key growth drivers for companies offering next generation solutions, such as GAXY. These tools have generated high demand across the education spectrum, from K-12 to universities, trade schools, and corporate training. Thus, forward-thinking organizations are leading a migration in the incorporation of collaborative learning and e-learning, aided in part by a major rise in the introduction of new, mobile learning applications. Moreover, disruptive technologies such as augmented reality and mixed reality are being deployed as they foster collaborative reality, interactivity, and enhanced learning environment outcomes.
In the Opportunity Research company report, analyst Rob Goldman discusses the current and future drivers of the Company’s revenue and market share.
Goldman noted, “In our view, GAXY is well-positioned to emerge as one of the leading education technology providers to the large and lucrative multi-billion-dollar K-12 market. In recent months, management has executed a series of moves designed to swiftly deploy its effective, high-end products and capture meaningful market share in a fragmented space. Unlike key competitors, we believe that GAXY’s model will result in profit margins above industry averages. Against this backdrop, we project that the Company’s shares will enjoy premium valuations ahead.”
“GAXY is on a roll. The Company has secured a series of wins in key school districts, opened up new markets, and bolstered its balance sheet by eliminating $4.5M in long term debt through the sale of its non-core business. Plus, it recently announced a LOI to acquire a $4M in sales firm with complementary products, and new sales territories.”
“Our calendar year forecasts call for revenue to leap from an estimated $7.9M in 2019 to $20.6M in 2020, with EPS of $0.21 next year. The Company’s model should generate industry-leading profit margin, beginning next year. Moreover, GAXY could execute more M&A in 2020, enhancing the overall valuation further,” concluded Goldman.
About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.
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This press release contains excerpts of our most recently published sponsored company research report on Galaxy Next Generation, Inc. which carries a price target. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Galaxy Next Generation, Inc. (“the Company”) authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
Separate from the factual content of our report about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
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About Galaxy Next Generation, Inc.: Galaxy Next Generation, Inc. (OTC – GAXY)is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. Galaxy’s products include its private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices. Galaxy’s distribution channel consists of 22+ resellers across the U.S. who primarily sell to the commercial and educational market. Currently, the K-12 education market is the largest customer base for Galaxy products – comprising nearly 90% of Galaxy’s sales.
For more information, please visit: www.GalaxyNext.us
Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
[email protected]
SOURCE: Goldman Small Cap Research
