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Bragg Gaming Group Inc (BRAG)
NASDAQ:BRAG
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.09Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: -4.70%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
Bragg Gaming Group's earnings call highlighted strong revenue and profit growth driven by strategic expansion and proprietary content, while also noting potential challenges in certain markets due to regulatory changes.Company Guidance
During the Bragg Gaming Group's earnings call, guidance for 2025 was presented, indicating a positive outlook with projected revenues between EUR117.5 million and EUR123 million, and adjusted EBITDA expected to rise to between EUR19 million and EUR21.5 million. At the midpoint of this guidance, revenue growth is anticipated at 18% with adjusted EBITDA increasing by 28%, and margins improving by 140 basis points. The call highlighted strategic market expansions, particularly in North America and Brazil, with proprietary content expected to significantly contribute to future growth. The company plans to double wagering on its games in North America in the first quarter of 2025 compared to the previous year. Additionally, Bragg is targeting the U.S. and Brazilian markets to account for 15% and 10% of total revenue in 2025, respectively. Operational improvements include rising proprietary content to 13.3% of total revenue in Q4 2024 and a focus on higher-margin products to enhance profitability.Record Revenue Growth
Bragg Gaming Group reported a record high total revenue of EUR27.2 million for Q4 2024, up 16% compared to Q4 2023.
Significant Gross Profit Increase
Gross profits for Q4 2024 grew by 31% to EUR15.8 million, with a gross profit margin rising by 650 basis points to 58%.
Strong Adjusted EBITDA Growth
Adjusted EBITDA for Q4 2024 grew by 68% to EUR4.7 million, with a margin increase of 530 basis points compared to the previous year.
Expansion in North America and Brazil
Bragg Gaming Group increased its market penetration in North America and launched in the Brazilian regulated iGaming market, with significant content agreements.
Strategic Partnerships
The company established a content development and technology leasing agreement with Caesars Entertainment and expanded its Canadian footprint into Quebec.
Strong Proprietary Content Growth
Revenue from proprietary content reached a record 13.3% of total revenue in Q4 2024, with a compound annual growth rate of 59% since 2021.
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BRAG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BRAG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 20, 2025 | $4.47 | $4.41 | -1.34% |
| Nov 14, 2024 | $4.38 | $3.13 | -28.54% |
| Aug 08, 2024 | $5.22 | $5.00 | -4.21% |
| May 09, 2024 | $5.59 | $5.87 | +5.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bragg Gaming Group Inc (BRAG) report earnings?
Bragg Gaming Group Inc (BRAG) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Bragg Gaming Group Inc (BRAG) earnings time?
Bragg Gaming Group Inc (BRAG) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BRAG EPS forecast?
BRAG EPS forecast for the fiscal quarter 2025 (Q1) is -0.05.
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