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BRAG

Bragg Gaming Group Inc.

Price Chart
Latest Quote

$1.71

+0.03 (+1.50%)
Current Price
Previous Close $1.68
Open $1.69
Day High $1.75
Day Low $1.66
Volume 37,193
Fetched: 2026-06-18T09:22:20
Stock Information
Note: Financial values converted from EUR to USD
Shares Outstanding 25.63M
Total Debt $7.57M
Cash Equivalents $3.91M
Revenue $121.77M
Net Income $-7.64M
Sector Consumer Cyclical
Industry Gambling
Market Cap $44.34M
EPS (TTM) $-0.30
Exchange NMS
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📊 Comprehensive Analysis
Company Data
Enterprise Value$45.99M
Sales$121.77M
Income$-7.64M
Book/sh$2.81
Cash/sh$0.13
Employees500
Financial Ratios
Quick Ratio0.85
Current Ratio0.94
Debt/Eq10.64
Returns & Margins
ROA-2.39%
ROE-10.10%
Gross Margin54.86%
Operating Margin-2.49%
Profit Margin-6.27%
Ownership
Insider Ownership15.27%
Institutional Ownership4.23%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E74.63
P/S0.42
P/B0.62
Analyst Data
Recommendationbuy
Target Price$5.96
Technical Indicators
SMA20$1.69
SMA50$1.85
SMA200$2.14
RSI50.00
ATR0.0923
Shares Float21.72M
Short Ratio3.41
Volatility0.39
Rel Volume0.98
Performance History
Week+2.98%
Month+5.49%
Quarter-13.50%
6 Months-24.45%
YTD-18.01%
Year-59.86%
3 Years-45.43%
5 Years-86.15%
10 Years-84.27%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $1.73 19,903
2026-06-17 $1.71 37,300
2026-06-16 $1.67 16,200
2026-06-15 $1.64 4,400
2026-06-12 $1.63 13,200
2026-06-11 $1.68 28,000
2026-06-10 $1.65 1,800
2026-06-09 $1.69 16,600
2026-06-08 $1.70 27,600
2026-06-05 $1.62 51,300
2026-06-04 $1.72 38,800
2026-06-03 $1.76 17,300
2026-06-02 $1.75 13,900
2026-06-01 $1.73 12,000
2026-05-29 $1.73 14,700
2026-05-28 $1.69 5,700
2026-05-27 $1.69 10,900
2026-05-26 $1.79 7,600
2026-05-22 $1.65 34,900
2026-05-21 $1.66 33,100
2026-05-20 $1.76 464,400
2026-05-19 $1.64 43,900
About Bragg Gaming Group Inc.

Bragg Gaming Group Inc. operates as an iGaming content and technology solutions. The company offers Bragg PAM, a player account management platform; Bragg HUB, an iGaming product delivery solution; and Fuze, a gamification and engagement toolset. It also offers casino content, and marketing and operational services. The company operates in Malta, the Netherlands, the United States, Brazil, Curaçao, Marshall Islands, Belgium, Croatia, Isle of Man, Czech Republic, and internationally. The company was formerly known as Rockies Financial Corporation and changed its name to Bragg Gaming Group Inc. in 2018. Bragg Gaming Group Inc. is headquartered in Toronto, Canada.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $54,815,154 $55,058,552 $50,034,442 $45,524,683
Cost Of Revenue $54,815,154 $55,058,552 $50,034,442 $45,524,683
Total Revenue $121,784,153 $117,107,919 $107,369,688 $97,283,580
Operating Revenue $121,784,153 $117,107,919 $107,369,688 $97,283,580
Expenses
Interest Expense $1,349,024 $3,159,587 $2,544,202 $1,130,884
Total Expenses $126,624,567 $120,724,452 $108,817,449 $97,430,537
Other Income Expense $-1,183,697 $-916,188 $632,606 $-948,335
Net Non Operating Interest Income Expense $-1,312,285 $-3,159,587 $-2,544,202 $-1,115,959
Interest Expense Non Operating $1,349,024 $3,159,587 $2,544,202 $1,130,884
Operating Expense $71,809,413 $65,665,900 $58,783,007 $51,905,854
Other Operating Expenses $2,523,536 $2,473,019 $2,824,340 $3,044,776
Selling And Marketing Expense $1,125,143 $2,074,627 $2,342,135 $2,778,416
General And Administrative Expense $45,858,782 $41,722,158 $38,614,236 $36,376,578
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-9,316,877 $-5,909,300 $-4,404,133 $-4,000,000
Net Interest Income $-1,312,285 $-3,159,587 $-2,544,202 $-1,115,959
Interest Income $36,739 $0 $1,148 $14,925
Normalized Income $-8,310,735 $-5,205,475 $-4,783,697 $-3,300,223
Net Income From Continuing And Discontinued Operation $-9,316,877 $-5,909,300 $-4,404,133 $-4,000,000
Total Operating Income As Reported $-6,105,626 $-4,067,738 $-892,078 $-950,631
Net Income Common Stockholders $-9,316,877 $-5,909,300 $-4,404,133 $-4,000,000
Net Income $-9,316,877 $-5,909,300 $-4,404,133 $-4,000,000
Net Income Including Noncontrolling Interests $-9,316,877 $-5,909,300 $-4,404,133 $-4,000,000
Net Income Continuous Operations $-9,316,877 $-5,909,300 $-4,404,133 $-4,000,000
Pretax Income $-7,336,395 $-7,692,308 $-3,359,357 $-2,211,251
Special Income Charges $-1,265,212 $-343,284 $609,644 $-818,599
Interest Income Non Operating $36,739 $0 $1,148 $14,925
Operating Income $-4,840,413 $-3,616,533 $-1,447,761 $-146,958
Depreciation Amortization Depletion Income Statement $22,301,951 $19,396,096 $15,002,296 $9,706,085
Depreciation And Amortization In Income Statement $22,301,951 $19,396,096 $15,002,296 $9,706,085
Gross Profit $66,969,000 $62,049,367 $57,335,246 $51,758,897
Net Income Discontinuous Operations - - - -
Per Share
Diluted EPS $-0.37 $-0.24 $-0.20 $-0.18
Basic EPS $-0.37 $-0.24 $-0.20 $-0.18
Other
Tax Effect Of Unusual Items $-177,555 $-212,364 $253,042 $-248,559
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $17,498,277 $15,779,563 $13,554,535 $9,574,053
Total Unusual Items $-1,183,697 $-916,188 $632,606 $-948,335
Total Unusual Items Excluding Goodwill $-1,183,697 $-916,188 $632,606 $-948,335
Reconciled Depreciation $22,301,951 $19,396,096 $15,002,296 $9,706,085
EBITDA (Bullshit earnings) $16,314,581 $14,863,375 $14,187,141 $8,625,717
EBIT $-5,987,371 $-4,532,721 $-815,155 $-1,080,367
Diluted Average Shares $29,047,072 $27,898,966 $25,947,187 $24,569,460
Basic Average Shares $29,047,072 $27,898,966 $25,947,187 $24,569,460
Diluted NI Availto Com Stockholders $-9,316,877 $-5,909,300 $-4,404,133 $-4,000,000
Tax Provision $1,980,482 $-1,783,008 $1,044,776 $1,788,749
Write Off $529,277 $502,870 $-431,688 $745,121
Restructuring And Mergern Acquisition $735,936 $34,443 $505,166 $115,959
Gain On Sale Of Security $81,515 $-572,905 $22,962 $-129,736
Selling General And Administration $46,983,925 $43,796,784 $40,956,371 $39,154,993
Other Gand A $14,461,538 $14,405,281 $9,978,186 $9,809,414
Salaries And Wages $31,397,244 $27,316,877 $28,636,050 $26,567,164
Other Special Charges - $-194,030 $-683,123 -
Gain On Sale Of Business - - $0 $42,480
Gain On Sale Of Ppe - - - $0
Fetched: 2026-06-18
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $1,234,214 $5,646,383 $221,584 $-4,400,689
Total Assets $114,063,143 $122,382,316 $118,676,232 $119,848,447
Total Non Current Assets $77,685,417 $84,307,690 $85,275,543 $85,706,083
Other Non Current Assets $464,983 - $399,541 $53,961
Goodwill And Other Intangible Assets $70,754,304 $78,738,230 $80,429,390 $84,233,064
Other Intangible Assets $34,926,520 $41,169,919 $43,780,711 $47,881,744
Current Assets $36,377,726 $38,074,626 $33,400,688 $34,142,364
Other Current Assets $4,483,352 $3,012,629 $427,095 $146,958
Receivables $24,250,286 $23,044,776 $21,401,836 $19,090,700
Taxes Receivable $831,228 $590,126 $0 $455,798
Accounts Receivable $23,419,058 $22,454,649 $21,401,836 $18,634,902
Allowance For Doubtful Accounts Receivable $-1,753,157 $-2,866,820 $-2,363,949 $-2,795,637
Gross Accounts Receivable $25,172,215 $25,321,469 $23,765,786 $21,430,539
Cash Cash Equivalents And Short Term Investments $7,644,087 $12,017,221 $10,098,737 $12,958,668
Cash And Cash Equivalents $7,644,087 $12,017,221 $10,098,737 $12,958,668
Prepaid Assets - $1,715,270 $1,473,019 $1,946,039
Other Receivables - - - -
Debt
Total Debt $8,730,195 $11,797,933 $6,569,460 $8,490,241
Long Term Debt And Capital Lease Obligation $3,128,588 $3,231,917 $2,948,335 $8,027,554
Current Debt And Capital Lease Obligation $5,601,607 $8,566,016 $3,621,125 $462,687
Current Debt $4,032,147 $7,553,387 $2,807,118 $125,144
Other Current Borrowings - $7,553,387 $2,807,118 $125,144
Long Term Debt - - - $7,632,606
Liabilities
Total Liabilities Net Minority Interest $42,074,626 $37,997,703 $38,025,257 $40,016,073
Total Non Current Liabilities Net Minority Interest $4,538,461 $4,571,756 $5,991,963 $12,109,070
Other Non Current Liabilities $684,271 $559,127 $428,243 $267,509
Non Current Deferred Liabilities $584,386 $780,712 $2,615,385 $3,814,007
Non Current Deferred Taxes Liabilities $584,386 $780,712 $978,186 $1,378,875
Current Liabilities $37,536,164 $33,425,946 $32,033,294 $27,907,003
Other Current Liabilities $540,758 - $540,758 $1,515,499
Current Deferred Liabilities $0 $1,428,243 $1,737,084 $2,206,659
Payables And Accrued Expenses $31,393,800 $23,431,687 $26,134,328 $23,722,158
Payables $12,679,678 $4,297,359 $10,080,367 $6,710,677
Other Payable $82,664 $50,517 $398,393 $464,983
Total Tax Payable $2,094,145 $531,573 $1,066,590 $1,277,842
Income Tax Payable $2,094,145 $531,573 $1,052,813 $1,277,842
Accounts Payable $10,502,870 $3,715,270 $8,615,384 $4,967,853
Current Notes Payable - - - $125,144
Equity
Common Stock Equity $71,988,517 $84,384,613 $80,650,974 $79,832,375
Total Equity Gross Minority Interest $71,988,517 $84,384,613 $80,650,974 $79,832,375
Stockholders Equity $71,988,517 $84,384,613 $80,650,974 $79,832,375
Gains Losses Not Affecting Retained Earnings $624,569 $6,084,960 $3,349,024 $4,700,344
Other Equity Adjustments $624,569 $6,084,960 $3,349,024 $4,700,344
Retained Earnings $-102,710,675 $-93,237,656 $-87,328,356 $-82,924,223
Long Term Equity Investment $526,980 $0 - -
Other Equity Interest - - $4,008,037 $8,059,701
Other
Ordinary Shares Number $29,337,879 $28,751,988 $26,410,507 $24,234,176
Share Issued $29,337,879 $28,751,988 $26,410,507 $24,234,176
Tangible Book Value $1,234,214 $5,646,383 $221,584 $-4,400,689
Invested Capital $76,020,664 $91,938,000 $83,458,092 $87,590,124
Working Capital $-1,158,439 $4,648,680 $1,367,394 $6,235,362
Capital Lease Obligations $4,698,048 $4,244,546 $3,762,342 $732,491
Total Capitalization $71,988,517 $84,384,613 $80,650,974 $87,464,981
Additional Paid In Capital $20,290,470 $20,298,507 $22,832,376 $23,817,451
Capital Stock $153,784,153 $151,238,803 $137,789,894 $126,179,102
Common Stock $153,784,153 $151,238,803 $137,789,894 $126,179,102
Employee Benefits $141,217 $0 - -
Long Term Capital Lease Obligation $3,128,588 $3,231,917 $2,948,335 $394,948
Current Capital Lease Obligation $1,569,460 $1,012,629 $814,007 $337,543
Line Of Credit $4,032,147 $7,553,387 $0 -
Current Accrued Expenses $18,714,121 $19,134,328 $16,053,961 $17,011,481
Investments And Advances $526,980 $0 - -
Investmentsin Associatesat Cost $526,980 $0 - -
Goodwill $35,827,783 $37,568,311 $36,648,679 $36,351,320
Net PPE $5,939,150 $5,569,460 $4,446,613 $1,419,059
Accumulated Depreciation $-2,660,161 $-1,569,460 $-1,378,875 -
Gross PPE $8,599,311 $7,138,921 $5,825,488 $1,419,059
Other Properties $8,599,311 $7,138,921 $734,788 $1,419,059
Leases - $5,599,311 $5,090,700 -
Properties - $0 $0 -
Treasury Shares Number - - $0 -
Current Deferred Revenue - - $0 $856,487
Fetched: 2026-06-18
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $3,535,017 $-2,301,952 $2,314,581 $-2,489,093
Operating Activities
Operating Cash Flow $20,590,126 $12,814,007 $13,477,612 $6,605,052
Cash Flow From Continuing Operating Activities $20,590,126 $12,814,007 $13,477,612 $6,605,052
Operating Gains Losses $-640,643 $515,499 $-1,384,615 $-10,333
Investing Activities
Capital Expenditure $-17,055,109 $-15,115,958 $-11,163,031 $-9,094,144
Investing Cash Flow $-18,041,331 $-15,115,958 $-11,163,031 $-19,371,986
Cash Flow From Continuing Investing Activities $-18,041,331 $-15,115,958 $-11,163,031 $-19,476,463
Net Other Investing Changes $-459,242 - - -
Cash From Discontinued Investing Activities - - $0 $104,478
Financing Activities
Financing Cash Flow $-5,603,903 $4,148,106 $-4,783,008 $7,918,484
Cash Flow From Continuing Financing Activities $-5,603,903 $4,148,106 $-4,783,008 $7,918,484
Cash Dividends Paid $0 $0 $0 $0
Net Other Financing Charges - - $1,148 $14,925
Issuance Of Capital Stock - - - $0
Net Common Stock Issuance - - - $0
Common Stock Issuance - - - $0
Other
Repayment Of Debt $-8,525,832 $-2,487,945 $-5,048,220 $-974,742
Issuance Of Debt $3,966,705 $7,499,426 $0 $9,245,694
End Cash Position $7,644,087 $12,017,221 $10,098,737 $12,958,668
Beginning Cash Position $12,017,221 $10,098,737 $12,958,668 $18,376,578
Effect Of Exchange Rate Changes $-1,318,025 $72,331 $-391,504 $-569,460
Changes In Cash $-3,055,109 $1,846,154 $-2,468,427 $-4,848,450
Interest Paid Cff $-1,102,181 $-1,281,286 $-239,954 $-383,467
Proceeds From Stock Option Exercised $57,405 $417,910 $505,166 $16,073
Net Issuance Payments Of Debt $-4,559,127 $5,011,481 $-5,048,220 $8,270,953
Net Long Term Debt Issuance $-4,559,127 $5,011,481 $-683,123 $9,029,851
Long Term Debt Payments $-8,525,832 $-2,487,945 $-683,123 $-215,844
Long Term Debt Issuance $3,966,705 $7,499,426 $0 $9,245,694
Net Business Purchase And Sale $-526,980 $0 $0 $-10,382,319
Purchase Of Business $-526,980 $0 $0 $-10,687,715
Net Intangibles Purchase And Sale $-16,637,198 $-13,902,411 $-10,781,860 $-8,469,575
Purchase Of Intangibles $-16,637,198 $-13,902,411 $-10,781,860 $-8,469,575
Net PPE Purchase And Sale $-417,910 $-1,213,548 $-381,171 $-624,569
Purchase Of PPE $-417,910 $-1,213,548 $-381,171 $-624,569
Taxes Refund Paid $-515,499 $1,064,294 $-1,667,049 $-1,459,242
Change In Working Capital $3,696,900 $-4,406,429 $-522,388 $-4,185,993
Change In Other Current Liabilities $126,292 $130,884 $160,735 $56,257
Change In Payables And Accrued Expense $6,233,065 $-2,181,401 $2,637,199 $5,328,358
Change In Payable $6,233,065 $-2,181,401 $2,637,199 $5,328,358
Change In Account Payable $6,233,065 $-2,181,401 $2,637,199 $4,950,631
Change In Prepaid Assets $-1,470,723 $-712,974 $-152,698 $-710,677
Change In Receivables $-1,191,734 $-1,642,939 $-2,311,137 $-8,884,041
Other Non Cash Items $1,492,537 $3,008,037 $3,049,368 $433,984
Stock Based Compensation $1,591,274 $928,817 $2,359,357 $4,331,802
Deferred Tax $1,980,482 $-1,783,008 $1,044,776 $1,788,749
Deferred Income Tax $1,980,482 $-1,783,008 $1,044,776 $1,788,749
Depreciation Amortization Depletion $22,301,951 $19,396,096 $15,002,296 $9,706,085
Depreciation And Amortization $22,301,951 $19,396,096 $15,002,296 $9,706,085
Net Foreign Currency Exchange Gain Loss $-640,643 $601,607 $-755,453 $4,592
Net Income From Continuing Operations $-9,316,877 $-5,909,300 $-4,404,133 $-4,000,000
Net Short Term Debt Issuance - $5,918,484 $-4,365,097 $-758,898
Short Term Debt Payments - $-1,580,941 $-4,365,097 $-758,898
Short Term Debt Issuance - $7,499,426 - -
Gain Loss On Investment Securities - $107,922 $53,961 $-14,925
Sale Of Business - - $0 $305,396
Change In Other Working Capital - - $-856,487 $406,429
Change In Tax Payable - - - $377,727
Change In Income Tax Payable - - - $377,727
Gain Loss On Sale Of PPE - - - $0
Cash Flow From Discontinued Operation - - - -
Fetched: 2026-06-18