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MARKETS / NASDAQ / BRAG
NASDAQ · SERVICES-COMPUTER RENTAL & LEASING

Bragg Gaming Group Inc. BRAG

6 fiscal years on record · EUR · FY2025 reported · SEC filings only
€106.1M
▲ 4.0% YoY
€-8.1M
€17.6M
▲ 73.9% YoY
In brief

What this company does

Bragg Gaming Group Inc. is an iGaming content and platform technology solutions provider serving online and land-based gaming operators with proprietary and exclusive casino content and Player Account Management (PAM) technology. As of December 31, 2025, the Company had a total workforce of 534, including employees, contractors and sub-contractors, across Europe, North America and India. It leases office space in Slovenia, the United Kingdom, the United States and India. As of early 2026, the Company was licensed, certified or otherwise approved and operational in 38 regulated iCasino markets globally, across North America, Europe and LatAm. The majority of its revenue is derived from a single operating segment, B2B online gaming, and as of December 31, 2025, it derived 84.0% of its revenue from games and content services, with the remainder coming from iGaming platform and Turnkey solutions. Its games and content services include a full range of games such as slot games, table games, card games, video bingo, scratch card games, virtual sports and live dealer games. Its iGaming platform offering includes a multi-channel, cross-product PAM that lets operators manage their entire product suite through one shared account and one wallet for casino, lottery, sportsbook, and other operations.

Written from the business description in Bragg Gaming Group Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
EUR 106.1M
Revenue, FY2025 · full 6-year series below
Revenue €M Net income €M
FY2025 · Revenue 106.1 · Net income -8.1
40M80M-5M-10M202020212022202320242025
Compound annual growth
+7.8%
+18.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +18.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−8 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -5.0% · Net -7.7%
-10%-20%-30%202020212022202320242025
ROE

Not available in our data for this period.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow €M
FY2025 · FCF 17.6
8M16M202020212022202320242025

Total assetsEUR 99.3M
CashEUR 6.7M
Gross debtEUR 3.5M
Net debtEUR -3.1M
Current ratio0.97×

Not available: we don't have the shareholders' equity figure for this period.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · EUR

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue €B0.10.10.10.10.10.0
Operating income €B−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA €B0.00.00.00.0−0.0−0.0
Income tax €B0.0−0.00.00.00.00.0
Net income €B−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow €B0.00.00.00.0−0.00.0
EPS, diluted−0.32−0.21−0.17−0.16−0.39−1.70
Dividend / sh······
Payout %······
ROE %······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 65 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Rental & Leasing
Listed onNASDAQ
Incorporated inoutside the United States — SEC code Z4
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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