NeoGames S.A.

NGMSNASDAQConsumer Cyclical

$29.45

+$0.02(+0.07%)

Market Cap$998207750

P/E Ratio—

52W High$29.47

52W Low$12.51

Avg Volume176K

Open$29.47

Beta1.13

Free Cash Flow Financials Revenue

NeoGames S.A. (NGMS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

NGMS · free cash flow · updated Jun 9, 2026

Core FCF metrics

NGMS · FCF · TTM · margin & CAGR

Free cash flow was $58.1M for FY2023 (fiscal year ending 2023-12-31), up 456.0% year-over-year The FCF margin was 30.3%.

FY2023 Free Cash Flow$58.1M▲ +456.0% YoY

Trailing 12M (TTM)$57.5Mtrailing 4 quarters sum

FCF Margin30.3%$58.1M ÷ revenue

3-Year CAGR+77.1%FY2020 → FY2023

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

NGMS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2023Latest$58.1M(0M)$58.1M▲ +456.0%30.3%

FY2022$38.3M(28M)$10.4M▲ +393.4%6.3%

FY2021$14.9M(18M)−$3.6M▼ 134.0%-7.1%

FY2020$24.5M(14M)$10.5M▲ +421.8%21.3%

FY2019$14.2M(12M)$2.0M▲ +165.8%6.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

NGMS · P/FCF · FCF yield · FCF per share

NeoGames S.A. (NGMS) trades at a FCF yield of 5.82% and a price-to-free-cash-flow ratio of 17.2x. FCF per share stands at $1.71, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.82%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.71

TTM FCF ÷ Shares Outstanding

Price / FCF

x17.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x20.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-12-31

Cash flow statement summary

NGMS · cash flow statement · operating / investing / financing

For FY2023, NeoGames S.A. generated $58.1M in operating cash flow and spent 0M in capital expenditures, yielding $58.1M in free cash flow.

Operating Activities

+$58.1M

Cash from core business operations

2023-12-31

Investing Activities

−$44.0M

CapEx, acquisitions & investments

2023-12-31

Financing Activities

−$28.1M

Buybacks, dividends & debt

2023-12-31

FCF FormulaOperating CF ($58.1M) − |CapEx| (0M) = FCF ($58.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

NGMS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

NeoGames S.A.YOU

NGMS

$58.1M+456.0%30.3%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

NeoGames S.A. (NGMS) reported free cash flow of $58.1M for FY2023 (fiscal year ending 2023-12-31), up 456.0% year-over-year. The FCF margin was 30.3%.

Based on available data, NeoGames S.A. has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $58.1M in FY2023.

NeoGames S.A.'s FCF yield is 5.82% and price-to-FCF ratio is 17.2x for FY2023, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

NGMS free cash flow · 8 questions

NeoGames S.A. free cash flow was $58.1M for FY2023, up 456.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $57.5M.

NGMS free cash flowNGMS FCFNGMS FCF 2023NGMS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · NeoGames S.A. · NeoGames S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026