Bragg Gaming Group Inc. - Understand $brag stock

$BRAG Market Cap: $164.9 Million

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Financial Snapshot

Revenue

$94.60M

TTM

Gross Margin

50.96%

TTM

Net Earnings

-$8.040M

TTM

Current Assets

$32.21M

Q2 2024

Current Liabilities

$30.62M

Q2 2024

Current Ratio

105.18%

Q2 2024

Total Assets

$105.8M

Q2 2024

Total Liabilities

$34.16M

Q2 2024

Book Value

$71.69M

Q2 2024

Cash

$10.85M

Q2 2024

P/E

-20.51

Nov 29, 2024 EST

Free Cash Flow

-$2.997M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$93.52M	$84.73M	$58.32M	$46.42M	$26.59M	$770.0K	$7.140M	$750.0K	$930.0K	$1.280M	$400.0K	$210.0K
YoY Change	10.37%	45.29%	25.63%	74.58%	3353.25%	-89.22%	852.0%	-19.35%	-27.34%	220.0%	90.48%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$93.52M	$84.73M	$58.32M	$46.42M	$26.59M	$770.0K	$7.140M	$750.0K	$930.0K	$1.280M	$400.0K	$210.0K
Cost Of Revenue	$43.58M	$39.65M	$30.00M	$26.23M	$14.56M	$420.0K	$3.820M				$110.0K	$0.00
Gross Profit	$49.94M	$45.08M	$28.32M	$20.19M	$12.03M	$350.0K	$3.320M				$290.0K	$210.0K
Gross Profit Margin	53.4%	53.2%	48.56%	43.49%	45.24%	45.45%	46.5%				72.5%	100.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$37.76M	$37.41M	$28.69M	$17.74M	$14.76M	$4.960M	$9.840M	$1.790M	$3.180M	$2.110M	$1.610M	$1.170M
YoY Change	0.94%	30.39%	61.7%	20.19%	197.58%	-49.59%	449.72%	-43.71%	50.71%	31.06%	37.61%
% of Gross Profit	75.61%	82.97%	101.29%	87.87%	122.69%	1417.14%	296.39%				555.17%	557.14%
Research & Development								$410.0K	$830.0K	$790.0K	$1.610M	$1.190M
YoY Change								-50.6%	5.06%	-50.93%	35.29%
% of Gross Profit											555.17%	566.67%
Depreciation & Amortization	$13.07M	$8.454M	$4.797M	$2.870M	$2.080M	$40.00K	$380.0K	$260.0K	$270.0K	$220.0K	$120.0K	$0.00
YoY Change	54.57%	76.24%	67.14%	37.98%	5100.0%	-89.47%	46.15%	-3.7%	22.73%	83.33%
% of Gross Profit	26.17%	18.75%	16.94%	14.21%	17.29%	11.43%	11.45%				41.38%	0.0%
Operating Expenses	$50.82M	$45.86M	$33.48M	$20.62M	$14.76M	$4.960M	$10.22M	$2.630M	$4.490M	$3.300M	$3.460M	$2.360M
YoY Change	10.83%	36.96%	62.38%	39.7%	197.58%	-51.47%	288.59%	-41.43%	36.06%	-4.62%	46.61%
Operating Profit	-$885.0K	-$777.0K	-$5.162M	-$430.0K	-$2.730M	-$4.610M	-$6.900M				-$3.170M	-$2.150M
YoY Change	13.9%	-84.95%	1100.47%	-84.25%	-40.78%	-33.19%					47.44%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$2.196M	-$1.085M	-$184.0K	-$350.0K	-$40.00K	$0.00	-$170.0K	-$30.00K	-$20.00K	-$60.00K	-$60.00K	$0.00
YoY Change	102.4%	489.67%	-47.43%	775.0%		-100.0%	466.67%	50.0%	-66.67%	0.0%
% of Operating Profit
Other Income/Expense, Net			$0.00	-$1.040M	-$1.720M	$0.00	$0.00
YoY Change			-100.0%	-39.53%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	-$2.926M	-$1.926M	-$6.686M	-$13.28M	-$9.840M	-$4.760M	-$14.99M	-$2.750M	-$3.480M	-$2.830M	-$3.230M	-$2.140M
YoY Change	51.92%	-71.19%	-49.65%	34.96%	106.72%	-68.25%	445.09%	-20.98%	22.97%	-12.38%	50.93%
Income Tax	$910.0K	$1.558M	$826.0K	$1.200M	$540.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$3.836M	-$3.484M	-$7.512M	-$14.57M	-$11.95M	-$13.85M	-$14.96M	-$2.750M	-$3.480M	-$2.830M	-$3.230M	-$2.140M
YoY Change	10.1%	-53.62%	-48.44%	21.92%	-13.72%	-7.42%	444.0%	-20.98%	22.97%	-12.38%	50.93%
Net Earnings / Revenue	-4.1%	-4.11%	-12.88%	-31.39%	-44.94%	-1798.7%	-209.52%	-366.67%	-374.19%	-221.09%	-807.5%	-1019.05%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.17	-$0.16	-$385.2K	-$1.696M	-$1.637M	-$4.695M	-$5.460M	-$6.250M	-$8.488M	-$10.11M	-$17.94M	-$19.45M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$8.796M	$11.29M	$16.01M	$26.10M	$680.0K	$5.480M	$1.860M	$2.420M	$610.0K	$260.0K	$320.0K	$820.0K
YoY Change	-22.07%	-29.48%	-38.67%	3738.24%	-87.59%	194.62%	-23.14%	296.72%	134.62%	-18.75%	-60.98%
Cash & Equivalents	$8.796M	$11.29M	$16.01M	$26.10M	$680.0K	$5.480M	$1.860M
Short-Term Investments										$0.00	$200.0K	$230.0K
Other Short-Term Assets	$1.655M	$1.823M	$2.442M	$260.0K	$1.470M	$180.0K	$190.0K	$110.0K	$210.0K	$10.00K	$100.0K	$120.0K
YoY Change	-9.22%	-25.35%	839.23%	-82.31%	716.67%	-5.26%	72.73%	-47.62%	2000.0%	-90.0%	-16.67%
Inventory
Prepaid Expenses
Receivables	$18.64M	$16.23M	$8.454M	$10.30M	$6.180M	$4.100M	$1.280M	$70.00K	$190.0K	$150.0K	$210.0K	$90.00K
Other Receivables	$0.00	$397.0K	$56.00K	$150.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$29.09M	$29.74M	$26.96M	$36.81M	$8.340M	$9.770M	$3.330M	$2.600M	$1.010M	$430.0K	$640.0K	$1.020M
YoY Change	-2.17%	10.31%	-26.76%	341.37%	-14.64%	193.39%	28.08%	157.43%	134.88%	-32.81%	-37.25%
Property, Plant & Equipment	$3.873M	$1.236M	$831.0K	$980.0K	$1.010M	$190.0K	$90.00K
YoY Change	213.35%	48.74%	-15.2%	-2.97%	431.58%	111.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$10.67M	$7.360M	$3.803M	$2.510M	$40.00K	$110.0K	$110.0K
YoY Change	45.01%	93.53%	51.51%	6175.0%	-63.64%	0.0%
Total Long-Term Assets	$74.28M	$74.65M	$56.43M	$35.28M	$35.54M	$35.50M	$7.070M	$70.00K	$1.110M	$1.360M	$2.180M	$70.00K
YoY Change	-0.5%	32.28%	59.95%	-0.73%	0.11%	402.12%	10000.0%	-93.69%	-18.38%	-37.61%	3014.29%
Total Assets	$103.4M	$104.4M	$83.39M	$72.09M	$43.88M	$45.27M	$10.40M	$2.670M	$2.120M	$1.790M	$2.820M	$1.090M
YoY Change
Accounts Payable	$7.504M	$4.327M	$1.464M	$6.410M	$8.860M	$7.980M	$1.310M	$210.0K	$270.0K	$510.0K	$420.0K	$420.0K
YoY Change	73.42%	195.56%	-77.16%	-27.65%	11.03%	509.16%	523.81%	-22.22%	-47.06%	21.43%	0.0%
Accrued Expenses	$14.00M	$14.82M	$12.82M	$10.46M
YoY Change	-5.55%	15.54%	22.6%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$109.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$250.0K	$800.0K	$970.0K	$580.0K	$280.0K
YoY Change	-100.0%						-100.0%	-68.75%	-17.53%	67.24%	107.14%
Long-Term Debt Due	$3.154M	$294.0K	$149.0K	$130.0K	$190.0K	$100.0K	$0.00
YoY Change	972.79%	97.32%	14.62%	-31.58%	90.0%
Total Short-Term Liabilities	$27.90M	$24.31M	$15.32M	$30.04M	$20.80M	$10.12M	$1.310M	$520.0K	$1.140M	$1.540M	$1.080M	$880.0K
YoY Change	14.79%	58.69%	-49.01%	44.42%	105.53%	672.52%	151.92%	-54.39%	-25.97%	42.59%	22.73%
Long-Term Debt	$2.568M	$6.992M	$451.0K	$590.0K	$670.0K	$280.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-63.27%	1450.33%	-23.56%	-11.94%	139.29%
Other Long-Term Liabilities	$1.799M	$2.354M	$184.0K	$150.0K	$14.25M	$17.32M	$0.00
YoY Change	-23.58%	1179.35%	22.67%	-98.95%	-17.73%
Total Long-Term Liabilities	$4.367M	$9.346M	$635.0K	$740.0K	$14.92M	$17.60M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-53.27%	1371.81%	-14.19%	-95.04%	-15.23%
Total Liabilities	$33.12M	$34.85M	$17.20M	$32.20M	$37.26M	$29.37M	$1.310M	$520.0K	$1.140M	$1.540M	$1.080M	$880.0K
YoY Change	-4.98%	102.7%	-46.6%	-13.58%	26.86%	2141.98%	151.92%	-54.39%	-25.97%	42.59%	22.73%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $164.89 Million

About Bragg Gaming Group Inc.

Bragg Gaming Group, Inc. engages in the operation of a B2B online gaming technology platform and casino content. The company is headquartered in Toronto, Ontario and currently employs 464 full-time employees. The company went IPO on 2005-03-18. 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.

Industry: Services-Computer Rental & Leasing Peers: Elys BMG Group, Inc.