Sector: Technology | Industry: Online Services |
Company Contact | |
Address: | 130 King Street West Suite 1968 Stn 1st Can Place PO Box 36 TORONTO ON M5X 1K6 |
Tel: | N/A |
Website: | https://www.bragg.games |
IR: | See website |
Key People | ||
Yaniv Sherman Chief Executive Officer, Director | Ronen Kannor Chief Financial Officer | Peter Lavric Chief Technology Officer |
Doug Fallon Group Director of Content | Yaniv Spielberg Chief Strategy Officer, Corporate Secretary |
Business Overview |
Bragg Gaming Group Inc. is a Canada-based content-driven business-to-business (B2B) iGaming technology provider serving online and land-based gaming operators with its content and technology. 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. |
Financial Overview |
For the fiscal year ended 31 December 2023, Bragg Gaming Group Inc revenues increased 10% to EUR93.5M. Net loss increased 10% to EUR3.8M. Revenues reflect Malta segment increase of 23% to EUR17.9M, other segment increase of 33% to EUR8.4M. Higher net loss reflects Depreciation/Amortization in SGA increase of 55% to EUR13.1M (expense), Salaries and subcontractors increase of 18% to EUR22.9M (expense). |
Employees: | 464 as of Dec 31, 2023 |
Reporting Currency: | Euro |
Enterprise value: | $192.79M as of Dec 31, 2023 |
Annual revenue (TTM): | $137.01M as of Dec 31, 2023 |
EBITDA (TTM): | $17.85M as of Dec 31, 2023 |
Net annual income (TTM): | -$5.62M as of Dec 31, 2023 |
Free cash flow (TTM): | $2.95M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 23,219,700 as of Apr 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |