Bragg Gaming Group Inc.
BRAG Nasdaq· Services-Computer Rental & Leasing
KIRA · Stoqly’s AI analyst, in plain words
- Bragg Gaming Group Inc. had $120M of revenue in fiscal 2025, up 8.4% on the year before. Over five years, revenue changed +17.7% a year on average.
- Its operating margin was −5.0%, down 1.5 pts: of every 100 in sales, about −5 is left after running the business.
- Bragg Gaming Group Inc. lost $9.2M in fiscal 2025.
- Free cash flow was $19.8M in fiscal 2025, 16.6% of revenue.
- Bragg Gaming Group Inc. has $3.7M more cash than debt.
Market cap
—
P/E
—
Revenue
$120M
Net income
−$9.2M
Free cash flow
$19.8M
Operating margin
−5.0%
Bragg Gaming Group Inc. in 30 seconds · fiscal 2025
Are sales growing?
+8.4%
Yes. Sales grew 8.4% last year.
Does it make a profit?
−7.7%
No. It lost money last year.
Does profit turn into cash?
16.6%
Yes. 16.6% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
What Bragg Gaming Group Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F · Mar 31, 2026
- Legal name
- Bragg Gaming Group Inc.
- CIK
- 0001867834
Bragg Gaming Group Inc. · BRAG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $69.0M | $89.1M | $101M | $110M | $120M |
| Revenue growth | 30.4% | 29.1% | 13.6% | 9.1% | 8.4% |
| Net interest income | $0.1M | $0.0M | $0.0M | — | $0.0M |
| Gross margin | 48.6% | 53.2% | 53.4% | 53.0% | 55.0% |
| Operating margin | −10.9% | −1.0% | −0.8% | −3.5% | −5.0% |
| Net income | −$8.9M | −$3.7M | −$4.1M | −$5.6M | −$9.2M |
| Net margin | −12.9% | −4.1% | −4.1% | −5.0% | −7.7% |
| Diluted EPS | −$0.46 | −$0.17 | −$0.18 | −$0.23 | −$0.36 |
| Cash | |||||
| Cash from operations | $0.1M | $6.0M | $12.7M | $12.1M | $20.2M |
| Capital expenditure | $0.1M | $0.6M | $0.4M | $1.1M | $0.4M |
| Free cash flow | −$0.0M | $5.5M | $12.3M | $10.9M | $19.8M |
| FCF margin | −0.0% | 6.1% | 12.2% | 9.9% | 16.6% |
| Share count change | 126.7% | 9.7% | 5.6% | 7.5% | 4.1% |
| Debt and strength | |||||
| Cash and short-term investments | $18.1M | $12.0M | $9.7M | $10.9M | $7.8M |
| Debt incl. finance leases | — | $8.5M | $3.2M | $6.8M | $4.1M |
| Shareholders' equity | $75.0M | $74.2M | $77.6M | $76.4M | $73.7M |
| Net debt / EBITDA | — | −0.4x | −0.5x | −0.3x | −0.2x |
| Current ratio | 1.8x | 1.2x | 1.0x | 1.1x | 1.0x |
| Interest coverage | −25.9x | −3.7x | −2.8x | −3.5x | −5.3x |
| Returns and quality | |||||
| Return on capital | — | −1.0% | −0.9% | −4.2% | −6.8% |
| Return on equity | −14.3% | −4.9% | −5.5% | −7.2% | −12.2% |
| Return on tangible equity | −73.8% | — | −1,945.7% | −109.0% | −724.5% |
| Piotroski F-score | 6 | 5 | 5 | 4 | 5 |
| Altman Z'' | 1.7 | 0.1 | −0.1 | −0.1 | −1.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Bragg Gaming Group Inc. · BRAG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001867834). Data updated October 24, 2026. Filed in EUR under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.