Bragg Gaming Group Inc.

TSX:BRAG Stock Report

Market Cap: CA$56.3m

Bragg Gaming Group Past Earnings Performance

Past criteria checks 0/6

Bragg Gaming Group has been growing earnings at an average annual rate of 8.1%, while the Hospitality industry saw earnings growing at 6.5% annually. Revenues have been growing at an average rate of 13.7% per year.

Key information

8.07%

Earnings growth rate

24.45%

EPS growth rate

Hospitality Industry Growth5.96%
Revenue growth rate13.69%
Return on equity-10.74%
Net Margin-6.27%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

New Narrative Mar 23

Proprietary iCasino Content And Brazil Expansion Will Reshape Long Term Earnings Profile

Catalysts About Bragg Gaming Group Bragg Gaming Group supplies proprietary and exclusive online casino content and technology to regulated iGaming, sports betting and lottery operators in markets such as the U.S., Brazil and the Netherlands. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 24

Regulatory And Margin Pressures Will Persist Before Proprietary Content Strategy Finally Gains Traction

Catalysts About Bragg Gaming Group Bragg Gaming Group supplies online casino content and technology to regulated iGaming operators in markets such as the U.S., Brazil and Europe. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 06

Bragg Gaming Group Inc. (TSE:BRAG) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Unfortunately for some shareholders, the Bragg Gaming Group Inc. ( TSE:BRAG ) share price has dived 28% in the last...
Analysis Article Aug 15

Is Bragg Gaming Group (TSE:BRAG) Using Too Much Debt?

TSX:BRAG 1 Year Share Price vs Fair Value Explore Bragg Gaming Group's Fair Values from the Community and select yours...
Analysis Article May 14

Bragg Gaming Group Inc. (TSE:BRAG) Surges 29% Yet Its Low P/S Is No Reason For Excitement

Bragg Gaming Group Inc. ( TSE:BRAG ) shareholders are no doubt pleased to see that the share price has bounced 29% in...
Analysis Article Apr 28

Is Bragg Gaming Group (TSE:BRAG) Using Debt In A Risky Way?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 08

A Look At The Intrinsic Value Of Bragg Gaming Group Inc. (TSE:BRAG)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Bragg Gaming Group fair value estimate is CA$5.61 Current...
Analysis Article Jan 21

There's No Escaping Bragg Gaming Group Inc.'s (TSE:BRAG) Muted Revenues Despite A 25% Share Price Rise

Bragg Gaming Group Inc. ( TSE:BRAG ) shareholders are no doubt pleased to see that the share price has bounced 25% in...
Analysis Article Jan 15

Is Bragg Gaming Group (TSE:BRAG) Using Debt Sensibly?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 15

Lacklustre Performance Is Driving Bragg Gaming Group Inc.'s (TSE:BRAG) 36% Price Drop

Bragg Gaming Group Inc. ( TSE:BRAG ) shareholders that were waiting for something to happen have been dealt a blow with...
Analysis Article Apr 04

Bragg Gaming Group Inc.'s (TSE:BRAG) Shares Climb 26% But Its Business Is Yet to Catch Up

The Bragg Gaming Group Inc. ( TSE:BRAG ) share price has done very well over the last month, posting an excellent gain...
Analysis Article Mar 29

Bragg Gaming Group Inc. (TSE:BRAG) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

The analysts might have been a bit too bullish on Bragg Gaming Group Inc. ( TSE:BRAG ), given that the company fell...
Analysis Article Jan 20

Estimating The Fair Value Of Bragg Gaming Group Inc. (TSE:BRAG)

Key Insights Bragg Gaming Group's estimated fair value is CA$5.72 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article Sep 13

When Should You Buy Bragg Gaming Group Inc. (TSE:BRAG)?

Bragg Gaming Group Inc. ( TSE:BRAG ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Aug 15

Is Bragg Gaming Group (TSE:BRAG) Using Debt Sensibly?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 28

Estimating The Fair Value Of Bragg Gaming Group Inc. (TSE:BRAG)

Key Insights Bragg Gaming Group's estimated fair value is CA$7.51 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Jun 08

There Is A Reason Bragg Gaming Group Inc.'s (TSE:BRAG) Price Is Undemanding

You may think that with a price-to-sales (or "P/S") ratio of 0.7x Bragg Gaming Group Inc. ( TSE:BRAG ) is a stock worth...

Revenue & Expenses Breakdown

How Bragg Gaming Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:BRAG Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26106-7400
31 Dec 25106-8410
30 Sep 25106-7420
30 Jun 25105-5420
31 Mar 25104-6410
31 Dec 24102-5390
30 Sep 2498-5360
30 Jun 2495-8350
31 Mar 2494-5350
31 Dec 2394-4350
30 Sep 2394-4360
30 Jun 2392-3360
31 Mar 2388-3350
31 Dec 2285-3350
30 Sep 2277-4330
30 Jun 2269-5310
31 Mar 2263-7300
31 Dec 2158-8270
30 Sep 2156-11270
30 Jun 2155-12230
31 Mar 2152-10190
31 Dec 2046-14170
30 Sep 2040-14110
30 Jun 2036-11110
31 Mar 2029-16120
31 Dec 1927-10120
30 Sep 1922-19150
30 Jun 1915-19120
31 Mar 197-550
31 Dec 183-1460
30 Sep 188-1290
30 Jun 188-7100
31 Mar 187-1490
31 Dec 176-1470
30 Sep 175-1260
30 Jun 174-1140
31 Mar 174-230
31 Dec 164-130
30 Sep 163-130
30 Jun 163-130
31 Mar 164-130

Quality Earnings: BRAG is currently unprofitable.

Growing Profit Margin: BRAG is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BRAG is unprofitable, but has reduced losses over the past 5 years at a rate of 8.1% per year.

Accelerating Growth: Unable to compare BRAG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BRAG is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (48.8%).


Return on Equity

High ROE: BRAG has a negative Return on Equity (-10.74%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 18:07
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bragg Gaming Group Inc. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David McFadgenATB Cormark
David McFadgenATB Cormark Historical (Cormark Securities)
Michael HickeyBenchmark Company