Bragg Gaming Group Inc. (T:BRAG*CA)

Business Focus: Online Services (NEC)

Sector:  Technology Industry:  Online Services
 
Company Contact
Address: 130 King Street West Suite 1968
Stn 1st Can Place
PO Box 36
TORONTO ON M5X 1K6
Tel: N/A
Website: https://www.bragg.games
IR: See website
<
Key People
Yaniv Sherman
Chief Executive Officer, Director
Ronen Kannor
Chief Financial Officer
Peter Lavric
Chief Technology Officer
Doug Fallon
Group Director of Content
Yaniv Spielberg
Chief Strategy Officer, Corporate Secretary
 
Business Overview
Bragg Gaming Group Inc. is a Canada-based content-driven business-to-business (B2B) iGaming technology provider serving online and land-based gaming operators with its content and technology. The Company's suite of iGaming content and technology, commercial relationships and operational licenses allows it to offer gaming solutions in regulated online gaming markets globally. Its suite of products includes a player account management (PAM) platform, which provides the tools required to operate an online gaming business, including player engagement and data analysis software. Its Bragg Studios offer casino gaming titles from in-house brands Wild Streak Gaming, Spin Games, Atomic Slot Lab, Indigo Magic and Oryx Gaming. Its content portfolio is complemented by a range of exclusive titles from selected studio partners, which are powered by Bragg: games built on Bragg remote games server (Bragg RGS) technology, distributed via the Bragg Hub content delivery platform.
Financial Overview
For the fiscal year ended 31 December 2023, Bragg Gaming Group Inc revenues increased 10% to EUR93.5M. Net loss increased 10% to EUR3.8M. Revenues reflect Malta segment increase of 23% to EUR17.9M, other segment increase of 33% to EUR8.4M. Higher net loss reflects Depreciation/Amortization in SGA increase of 55% to EUR13.1M (expense), Salaries and subcontractors increase of 18% to EUR22.9M (expense).
Employees: 464 as of Dec 31, 2023
Reporting Currency: Euro
Enterprise value: $186.84M as of Dec 31, 2023
Annual revenue (TTM): $136.94M as of Dec 31, 2023
EBITDA (TTM): $17.85M as of Dec 31, 2023
Net annual income (TTM): -$5.62M as of Dec 31, 2023
Free cash flow (TTM): $2.95M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 23,219,700 as of Apr 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.