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Bragg Gaming Group Inc ( (TSE:BRAG) ) has shared an announcement.
Bragg Gaming Group reported a 7.1% increase in first-quarter 2025 revenue to EUR 25.5 million, with a notable 27% growth excluding the Netherlands, driven by a 150% revenue surge in the U.S. market. The company achieved significant profitability improvements through a better product mix, with gross profit margins rising to 56% and adjusted EBITDA increasing by 19.7%. Bragg is reducing its reliance on the Netherlands market due to regulatory pressures, while experiencing robust growth in the U.S. and Brazil. Strategic partnerships, such as with Caesars Digital, and new market entries are expected to further enhance revenue diversification and growth.
The most recent analyst rating on (TSE:BRAG) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Bragg Gaming Group Inc stock, see the TSE:BRAG Stock Forecast page.
Spark’s Take on TSE:BRAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRAG is a Neutral.
Bragg Gaming Group’s overall stock score of 67 reflects strong revenue growth and strategic market expansions, particularly in North America and Brazil. The company’s low leverage and increasing equity are positive indicators of financial health. However, consistent net losses and a negative P/E ratio highlight significant profitability concerns. While the technical analysis indicates some bullish momentum, valuation challenges and reliance on proprietary content present risks. The positive earnings call and corporate events indicate potential for future growth, if profitability and cash flow generation can be improved.
To see Spark’s full report on TSE:BRAG stock, click here.
More about Bragg Gaming Group Inc
Bragg Gaming Group Inc is a leading content and technology provider in the online gaming industry. The company focuses on delivering proprietary and exclusive content, aiming to expand its presence in regulated markets and enhance its technology offerings.
Average Trading Volume: 15,179
Technical Sentiment Signal: Hold
Current Market Cap: C$162.2M
For an in-depth examination of BRAG stock, go to TipRanks’ Stock Analysis page.