The 16% return this week takes Bragg Gaming Group's (TSE:BRAG) shareholders one-year gains to 267%

Unless you borrow money to invest, the potential losses are limited. On the other hand, if you find a high quality business to buy (at the right price) you can more than double your money! For example, the Bragg Gaming Group Inc. (TSE:BRAG) share price had more than doubled in just one year - up 267%. It's also up 77% in about a month. This could be related to the recent financial results that were recently released - you could check the most recent data by reading our company report. Looking back further, the stock price is 100% higher than it was three years ago.

Since it's been a strong week for Bragg Gaming Group shareholders, let's have a look at trend of the longer term fundamentals.

See our latest analysis for Bragg Gaming Group

Bragg Gaming Group wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

Bragg Gaming Group grew its revenue by 55% last year. That's a head and shoulders above most loss-making companies. Meanwhile, the market has paid attention, sending the share price soaring 267% in response. It's great to see strong revenue growth, but the question is whether it can be sustained. The strong share price rise indicates optimism, so there may be a better opportunity for buyers as the hype fades a bit.

The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. So it makes a lot of sense to check out what analysts think Bragg Gaming Group will earn in the future (free profit forecasts).

A Different Perspective

It's nice to see that Bragg Gaming Group shareholders have gained 267% (in total) over the last year. So this year's TSR was actually better than the three-year TSR (annualized) of 26%. Given the track record of solid returns over varying time frames, it might be worth putting Bragg Gaming Group on your watchlist. It's always interesting to track share price performance over the longer term. But to understand Bragg Gaming Group better, we need to consider many other factors. Even so, be aware that Bragg Gaming Group is showing 2 warning signs in our investment analysis , and 1 of those is significant...

Bragg Gaming Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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