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Bragg Gaming Group Announces Growth in Q1 2024

Bragg Gaming Group Announces Growth in Q1 2024

Bragg Gaming Group Inc (TSE:BRAG) has released an update.

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Bragg Gaming Group reported a 4.2% increase in revenue reaching EUR 23.8 million for Q1 2024, with a gross profit of EUR 11.9 million despite a slight dip in profit margins. The company attributes growth to organic expansion, new customer acquisition, and strong performance from its Wild Streak Gaming studio. Bragg remains focused on long-term growth and has recently secured a USD 7.0 million investment to support ongoing strategic initiatives.

For further insights into TSE:BRAG stock, check out TipRanks’ Stock Analysis page.

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