Private company

Elys BMG Group, Inc.

Elys BMG Group, Inc. is an American prepackaged software services company based in Las Vegas.1

Last updated Oct 20, 2026.

Overview

  • IndustryServices-Prepackaged Software1
  • HeadquartersLas Vegas, Nevada1
  • Incorporated inDE2
  • Business address107 E Warm Springs Rd., Las Vegas, Nv 891192
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-76.0%Operating margin3
-42.8%Net margin3
-6.3%Revenue growth, 20223
-255.3%Return on equity3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Other costs97¢$41.2M
  • Interest0¢$43.6K
  • Income tax3¢$1.4M

Out of $42.7M in revenue.3 The company lost money this year.

Financial statements

Revenue456783$42.7M in 2022+380% since 2016
0$20.0M$40.0M$60.0M2016: $8.9M$8.9M20162017: $22.9M$22.9M2017+157%2018: $34.6M$34.6M2018+51%2019: $35.6M$35.6M2019+3%2020: $37.3M$37.3M2020+5%2021: $45.5M$45.5M2021+22%2022: $42.7M$42.7M2022−6%
Operating income456783-$32.4M in 2022+2119% since 2016
-$40.0M-$30.0M-$20.0M-$10.0M0$10.0M2016: -$1.5M-$1.5M20162017: $2.7M$2.7M20172018: -$155.2K-$155.2K20182019: -$3.0M-$3.0M2019+1831%2020: -$7.5M-$7.5M2020+151%2021: -$26.9M-$26.9M2021+257%2022: -$32.4M-$32.4M2022+21%
Net income456783-$18.3M in 2022+827% since 2016
-$20.0M-$15.0M-$10.0M-$5.0M0$5.0M2016: -$2.0M-$2.0M20162017: $1.5M$1.5M20172018: -$3.6M-$3.6M20182019: -$9.3M-$9.3M2019+156%2020: -$9.9M-$9.9M2020+7%2021: -$15.1M-$15.1M2021+52%2022: -$18.3M-$18.3M2022+21%
Fiscal year2016201720182019202020212022
Revenue$8.9M4$22.9M5$34.6M6$35.6M7$37.3M8$45.5M3$42.7M3
Operating expenses$72.4M3$75.1M3
Operating income-$1.5M4$2.7M5-$155.2K6-$3.0M7-$7.5M8-$26.9M3-$32.4M3
Interest$727.3K4-$482.4K5$619.7K6$972.4K7$328.7K8$21.0K3$43.6K3
Income tax$198.0K4$972.9K5$1.1M6$598.2K7$906.6K8-$290.5K3-$1.4M3
Net income-$2.0M4$1.5M5-$3.6M6-$9.3M7-$9.9M8-$15.1M3-$18.3M3
Earnings per share$0.004$0.165-$0.385-$0.673-$0.703
Earnings per share (diluted)-$0.044$0.155-$0.385

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What it owns

What Elys BMG Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$2.0M3 Dec 31, 2022$1.8M8 Dec 31, 2021+13.6%
Accumulated depreciation$1.4M3 Dec 31, 2022$1.3M8 Dec 31, 2021+9.3%
Property and equipment, net$610.9K3 Dec 31, 2022$490.1K3 Dec 31, 2021+24.6%
Finance-lease assets$8.9K3 Dec 31, 2022$15.5K3 Dec 31, 2021−42.8%
Operating-lease assets (leased space)$1.5M3 Dec 31, 2022$589.3K3 Dec 31, 2021+154.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$3.4M3 Dec 31, 2022$7.3M3 Dec 31, 2021−53.5%
Marketable securities, non-current$20.0K3 Dec 31, 2022$7.5K3 Dec 31, 2021+166.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.7M3 Dec 31, 2022$16.2M3 Dec 31, 2021−89.7%
Intangible assets, net (excluding goodwill)$10.4M3 Dec 31, 2022$15.6M3 Dec 31, 2021−33.3%
Indefinite-lived intangibles (excluding goodwill)$15.6M3 Dec 31, 2021$10.3M8 Dec 31, 2020+51.7%
Accumulated amortization-$4.4M8 Dec 31, 2021-$3.3M7 Dec 31, 2020−34.0%
Finite-lived intangibles, net$1.5M3 Dec 31, 2022$589.3K3 Dec 31, 2021+154.3%

Leadership

Who has led Elys BMG Group, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Michele Ciavarella2019–2023

Chair

  1. Michele Ciavarella2021

President

  1. Alessandro Marcelli2018
  2. Matteo Monteverdi2020

Chief financial officer

  1. Elizabeth Jean Maclean2019
  2. Mark John Korb2019–2021
  3. Carlo Reali2022

Chief operating officer

  1. Alessandro Marcelli2018
20202025
Board members and other officers (17)

Former names

  • Elys Game Technology, Corp.Oct 22, 2020 to Dec 27, 20232
  • Newgioco Group, Inc.Aug 11, 2016 to Nov 6, 20202
  • EMPIRE GLOBAL CORP.Oct 18, 2005 to Jul 22, 20162
  • TRADESTREAM GLOBAL CORP.Jul 28, 2005 to Oct 4, 20052
  • VIANET TECHNOLOGY GROUP LTDJul 7, 2005 to Jul 27, 20052
  • PENDER INTERNATIONAL INCOct 22, 2002 to May 24, 20052

Timeline

  1. Jul 17, 20248-K Executive or director change33
  2. May 7, 20248-K Regulation FD disclosure; Other events34
  3. Apr 2, 20248-K Executive or director change35
  4. Jan 8, 20248-K Bylaws or fiscal year changed; Regulation FD disclosure36
  5. Nov 16, 20238-K Executive or director change; Shareholder vote37
  6. Oct 17, 20238-K Listing notice or transfer38
  7. Jul 31, 20238-K Listing notice or transfer39
  8. Jul 26, 20238-K Regulation FD disclosure40
  9. Jul 17, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares41
  10. Jun 2, 20238-K Regulation FD disclosure42
  11. May 8, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares43
  12. Apr 5, 20238-K Results of operations; Other events44
  13. Jul 17, 2019New chief executive Michele Ciavarella becomes CEO11

Calendar

When it reported results

  1. Apr 5, 2023Reported quarterly or annual results44
  2. Feb 7, 2023Reported quarterly or annual results45
  3. Feb 3, 2023Reported quarterly or annual results46
  4. Nov 17, 2022Reported quarterly or annual results47
  5. Aug 17, 2022Reported quarterly or annual results48
  6. Apr 19, 2022Reported quarterly or annual results49
  7. Mar 28, 2022Reported quarterly or annual results50

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

101 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 35 major events, 26 insider forms, 1 private raises, 30 other. The latest 20:

  1. Jul 17, 20248-K CURRENT REPORT EDGAR
  2. May 23, 2024NT 10-Q NT 10Q EDGAR
  3. May 8, 20244 EDGAR
  4. May 7, 20248-K CURRENT REPORT EDGAR
  5. Apr 2, 2024NT 10-K NT 10K EDGAR
  6. Apr 2, 20248-K CURRENT REPORT EDGAR
  7. Jan 8, 20248-K CURRENT REPORT EDGAR
  8. Dec 27, 202325-NSE EDGAR
  9. Dec 18, 20234 EDGAR
  10. Dec 15, 20234 EDGAR
  11. Dec 14, 20234 EDGAR
  12. Nov 20, 202310-Q QUARTERLY REPORT EDGAR
  13. Nov 16, 20238-K CURRENT REPORT EDGAR
  14. Nov 15, 2023NT 10-Q NT 10Q EDGAR
  15. Oct 27, 2023DEF 14A EDGAR
  16. Oct 17, 20238-K CURRENT REPORT EDGAR
  17. Oct 13, 2023PRE 14A EDGAR
  18. Aug 14, 202310-Q QUARTERLY REPORT EDGAR
  19. Jul 31, 20238-K CURRENT REPORT EDGAR
  20. Jul 26, 20238-K CURRENT REPORT EDGAR

The 101 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

19 open-market trades by officers, directors and large owners since October 2021: 19 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 7, 2024Gold Street Capital Corp.10% ownerBuy2,515,385$0.12$301.8KForm 4
Dec 14, 2023Ciavarella MicheleChief Executive OfficerBuy1,198,290$0.13$155.8KForm 4
Dec 13, 2023Ciavarella MicheleChief Executive OfficerBuy744,055$0.13$96.7KForm 4
Dec 12, 2023Gold Street Capital Corp.10% ownerBuy807,530$0.16$129.2KForm 4
Dec 20, 2021SALERNO VICTOR JDirectorBuy3,000$3.28$9.8KForm 4
Dec 15, 2021SALERNO VICTOR JDirectorBuy3,000$3.15$9.4KForm 4
Dec 14, 2021Gold Street Capital Corp.10% ownerBuy28,000$3.25$90.9KForm 4
Dec 13, 2021Gold Street Capital Corp.10% ownerBuy24,200$3.28$79.4KForm 4
Dec 13, 2021SALERNO VICTOR JDirectorBuy3,000$3.28$9.8KForm 4
Dec 10, 2021Gold Street Capital Corp.10% ownerBuy10,000$3.60$36.0KForm 4
Dec 9, 2021Gold Street Capital Corp.10% ownerBuy13,207$3.67$48.4KForm 4
Dec 8, 2021Gold Street Capital Corp.10% ownerBuy10,000$3.70$37.0KForm 4
Dec 7, 2021Gold Street Capital Corp.10% ownerBuy10,000$3.59$35.9KForm 4
Dec 3, 2021Gold Street Capital Corp.10% ownerBuy34,146$3.33$113.7KForm 4
Dec 1, 2021Gold Street Capital Corp.10% ownerBuy10,000$3.44$34.4KForm 4
Nov 30, 2021Gold Street Capital Corp.10% ownerBuy55,000$3.65$200.8KForm 4
Nov 29, 2021Gold Street Capital Corp.10% ownerBuy9,000$3.65$32.9KForm 4
Nov 26, 2021Gold Street Capital Corp.10% ownerBuy20,000$3.36$67.2KForm 4
Nov 24, 2021Gold Street Capital Corp.10% ownerBuy10,400$3.48$36.2KForm 4

From Forms 4 filed with the SEC.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jun 15, 2022Raised $3 million in a private offering of equity Form D: 1 investor so far Form D

SEC filer profile

How Elys BMG Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARElys BMG Group, Inc.1
  • CIK0001080319
  • Employer ID (EIN)33-08231791
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address107 E Warm Springs Rd., Las Vegas, NV 891191
  • Mailing address130 Adelaide Street, West, Suite 701, Toronto, A6 M5H 2K41
  • Phone39-391-306-41341
  • Shares outstanding37,444,381 as of Nov 9, 202310
  • Public float$14.9M as of Jun 30, 20223
  • On EDGAR sinceOct 22, 20021
  • Filings664 in all: 8-K (226), 4 (112), 10-Q (52), 8-K/A (38), 3 (22), NT 10-Q (22), 10-Q/A (21), 10-K (17)1
    All 40 form types

    NT 10-K (14), CORRESP (13), UPLOAD (13), 10QSB (12), 424B3 (10), 10-K/A (9), 4/A (9), DEF 14A (8), EFFECT (7), S-1/A (6), 10QSB/A (5), S-1 (5), 10KSB (4), DEF 14C (4), PRE 14C (4), S-8 (4), 424B5 (3), DEFA14A (3), POS AM (3), PRE 14A (3), 10KSB/A (2), 10SB12G/A (2), D (2), 10SB12G (1), 25-NSE (1), 8-A12B (1), CERT (1), DEFR14A (1), NT 10-K/A (1), PRER14C (1), RW (1), S-3 (1)

  • Latest filingsAnnual report (10-K) Apr 17, 2023
    Quarterly report (10-Q) Nov 20, 2023
    Proxy statement (DEF 14A) Oct 27, 2023
    Latest 8-K (8-K) Jul 17, 2024

Sources

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