NeoGames (NGMS) Stock Price

NeoGames Price

Delisted·Apr 25, 2024
29.45USD
Last traded price

Over the last 6 years NeoGames grew revenue by 49.5% annually, reaching 191.54 M USD. For NeoGames, the net margin of -9.5% is down versus -0.2% a few years ago.

NeoGames stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of NeoGames over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how NeoGames stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing NeoGames's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

NeoGames Stock Price History
DateNeoGames Price
Access this data via the Eulerpool API

NeoGames Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
33.06 M USD
5.31 M USD
-54,000.00 USD
Jan 1, 2020
49.20 M USD
11.63 M USD
5.12 M USD
Jan 1, 2021
50.46 M USD
13.63 M USD
4.65 M USD
Jan 1, 2022
165.70 M USD
3.43 M USD
-18.97 M USD
Jan 1, 2023
191.54 M USD
-20.20 M USD
-18.28 M USD
Jan 1, 2024 (e)
198.53 M USD
14.56 M USD
3.36 M USD
Jan 1, 2025 (e)
263.90 M USD
36.40 M USD
10.09 M USD
Jan 1, 2026 (e)
179.36 M USD
69.14 M USD
44.06 M USD

NeoGames Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 25, 2026, 7:09 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
20172018201920202021202220232024e2025e2026e
17.0023.0033.0049.0050.00165.00191.00198.00263.00179.00
35.2943.4848.482.04230.0015.763.6632.83-31.94
100.00100.0057.5861.2250.0067.8820.4220.4220.4220.42
17.0023.0019.0030.0025.00112.0039.0040.4353.7036.55
-3.005.0011.0013.003.00-20.0014.0036.0069.00
-17.6515.1522.4526.001.82-10.477.0713.6938.55
-7.00-5.005.004.00-18.00-18.003.0010.0044.00
-28.57-20.00-550.00-116.67233.33340.00
34.0022.0022.0024.0027.0030.0034.0034.0034.0034.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales NeoGames generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue NeoGames retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare NeoGames's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares NeoGames has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against NeoGames's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

NeoGames stock margins

The NeoGames margin analysis displays the gross margin, EBIT margin, as well as the profit margin of NeoGames. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for NeoGames.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
57.85 %
16.06 %
-0.16 %
Jan 1, 2020
62.72 %
23.64 %
10.41 %
Jan 1, 2021
51.45 %
27.01 %
9.22 %
Jan 1, 2022
67.97 %
2.07 %
-11.45 %
Jan 1, 2023
20.41 %
-10.55 %
-9.54 %
Jan 1, 2024 (e)
20.41 %
7.33 %
1.69 %
Jan 1, 2025 (e)
20.41 %
13.79 %
3.82 %
Jan 1, 2026 (e)
20.41 %
38.55 %
24.56 %

NeoGames Stock Revenue, EBIT, Earnings per Share

The NeoGames earnings per share therefore indicates how much revenue NeoGames has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2019
1.50 USD
0.24 USD
-0.00 USD
Jan 1, 2020
2.05 USD
0.48 USD
0.21 USD
Jan 1, 2021
1.87 USD
0.50 USD
0.17 USD
Jan 1, 2022
5.52 USD
0.11 USD
-0.63 USD
Jan 1, 2023
5.63 USD
-0.59 USD
-0.54 USD
Jan 1, 2024 (e)
5.90 USD
0.43 USD
0.10 USD
Jan 1, 2025 (e)
7.85 USD
1.07 USD
0.30 USD
Jan 1, 2026 (e)
5.33 USD
2.03 USD
1.31 USD

NeoGames business model & stock analysis

Neogames is a French company specializing in the development and delivery of online gambling products. The company was founded in 2005 and is headquartered in Sophia-Antipolis, France. Neogames offers a diverse and innovative range of online gambling games and services, including scratch cards, lottery games, instant games, instant bingo, and more. The company's business model is based on the B2B strategy, offering its products and services to online gambling operators through its platforms. Neogames emphasizes security, fairness, and responsibility in its gaming products and continually works on developing new security and anti-fraud measures. The company also has a subsidiary, NG International Ltd., which specializes in providing lottery products for lottery operators worldwide. Neogames has experienced significant growth in recent years and has customers in various countries in Europe, North America, and Asia. The company has signed partnership agreements with leading gaming companies such as William Hill, Paddy Power, and Betfair. Furthermore, Neogames has partnerships with other companies and organizations in the online gambling industry, including the European Lottery Association, the World Lottery Association, and the National Lottery Company in the UK. The company is constantly evolving and is expected to introduce new products and services in the future to meet the needs of its customers. Further partnerships and mergers with other industry companies are also expected. Overall, Neogames is an innovative and successful company in the online gambling industry, with a long history and a strong position to continue growing and succeeding in the future.

NeoGames SWOT Analysis

Strengths

Neogames SARL has a strong reputation in the gaming industry, built on their extensive experience and successful track record.

The company has a talented and experienced team, consisting of skilled developers, designers, and industry experts.

Neogames SARL has developed innovative and engaging gaming products that have received positive feedback from users.

The company has established strong partnerships with key players in the gaming industry, allowing for strategic collaborations and expansion opportunities.

Weaknesses

One of the weaknesses of Neogames SARL is its limited market presence, particularly in certain regions or target demographics.

The company may face challenges in keeping up with rapidly evolving technology and industry trends.

Neogames SARL is dependent on a few major clients for a significant portion of its revenue, which poses a risk to their financial stability.

Opportunities

The increasing popularity of online gaming presents an opportunity for Neogames SARL to expand its user base and revenue.

The company can capitalize on the growing trend of mobile gaming, by developing games suited for smartphones and tablets.

Entering new international markets can provide Neogames SARL with additional growth opportunities and diversification.

Threats

Intense competition in the gaming industry poses a threat to Neogames SARL, as other companies may offer similar products or services.

Changes in regulations and legal frameworks related to gaming can impact the company's operations and profitability.

Cybersecurity threats and data breaches can harm the reputation of Neogames SARL and lead to financial losses.

NeoGames Segments

NeoGames Revenue by Segment (1/2)

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  • Max

License Agreement
Eliminations
Details
Date
License Agreement
Eliminations
Jan 1, 2020
6.70 M USD
0.00 USD
Jan 1, 2023
0.00 USD
-16.21 M USD

NeoGames Revenue by Segment (2/2)

  • Max

Lottery
Games
Core
Sports
Details
Date
Lottery
Games
Core
Sports
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
59.57 M USD
56.92 M USD
56.73 M USD
34.53 M USD

NeoGames Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

NeoGames historical P/E ratio, EBIT multiple, and P/S ratio

NeoGames annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

NeoGames shares outstanding

The number of shares of NeoGames was 34 M in 2025. This indicates how many shares NeoGames is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
22.00 M Stocks
Jan 1, 2020
24.00 M Stocks
Jan 1, 2021
27.00 M Stocks
Jan 1, 2022
30.00 M Stocks
Jan 1, 2023
34.00 M Stocks
Jan 1, 2024 (e)
34.00 M Stocks
Jan 1, 2025 (e)
34.00 M Stocks
Jan 1, 2026 (e)
34.00 M Stocks
Price targets and forecasts for NeoGames are not yet available.

NeoGames Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
11/6/2024-0.02USD58.85 MUSD2024 Q3
5/8/2024-0.06USD56.25 MUSD2024 Q1
3/4/2024-0.07USD55.63 MUSD2023 Q4
11/7/2023-0.04USD79.42 MUSD2023 Q3
8/8/20230.17USD80.64 MUSD2023 Q2
5/9/20230.15USD78.77 MUSD2023 Q1
3/7/20230.15USD76.16 MUSD2022 Q4
11/9/20220.14USD73.94 MUSD2022 Q3
8/10/20220.03USD31.48 MUSD2022 Q2
5/11/20220.09USD22.28 MUSD2022 Q1

EESG©

Eulerpool ESG Scorecard© for the NeoGames stock

46/100
49
Environment
64
Social
26
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

NeoGames shareholder structure

% Name
60.60047%
Aristocrat Leisure Ltd
Aristocrat Leisure Ltd
28.74369%
Matalon (Barak)
Matalon (Barak)
17.93943%
Azur (Elyahu)
Azur (Elyahu)
7.17577%
Aran (Aharon)
Aran (Aharon)
4.96754%
Zahavi (Pinhas)
Zahavi (Pinhas)
3.70320%
Alpine Associates Management Inc.
Alpine Associates Management Inc.
...

NeoGames Executives and Management Board

JT

Mr. John Taylor

(56)

Non-Executive Independent Chairman of the Board

Compensation126,000.00 USD
LT

Mr. Laurent Teitgen

(44)

Non-Executive Independent Director

Compensation25,000.00 USD
TM

Mr. Tsachi Maimon

(45)

President, Head of iGaming

MM

Mr. Moti Malul

(51)

Chief Executive Officer, Co-Managing Director, Director · since 2018

MG

Mr. Motti Gil

(50)

Chief Financial Officer

NeoGames Supply Chain

NeoGames Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
5 companies
#Name1M3M6M1Y2YTrend
1
Paysafe
Supplier
0.89
0.50
0.77
0.93
2
0.67
0.80
0.93
0.94
3
0
0.07
-0.71
-0.91
4
Global Gaming 555 AB
-0.57
0.18
-0.78
5
0.78
0.66
0.81
0.70

Frequently asked questions about NeoGames

Neogames SARL is primarily present in Europe and North America.

All fundamentals and in-depth analysis of NeoGames

Our stock analysis for NeoGames stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NeoGames. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.