NeoGames S.A. NGMS NASDAQ

NeoGames S.A. (NGMS) generated $58.09M in operating cash flow for fiscal year 2023. After capital expenditures of $0.00, free cash flow was $58.09M.

Free cash flow margin was 30.3% of revenue. Cash conversion ratio was -3.18x, suggesting some earnings are non-cash.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (28/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (10/100) — Cash conversion ratio was -3.18x suggests some earnings are non-cash items

Overall SharesGrow Score: 35/100 with 0/7 criteria passed.