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Upturn AI SWOT - About
Bragg Gaming Group Inc (BRAG)
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Upturn Advisory Summary
09/12/2025: BRAG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
6 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $6.05
1 Year Target Price $6.05
| 2 | Strong Buy |
| 4 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -19.38% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/12/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 71.26M USD | Price to earnings Ratio - | 1Y Target Price 6.05 |
Price to earnings Ratio - | 1Y Target Price 6.05 | ||
Volume (30-day avg) 6 | Beta 0.18 | 52 Weeks Range 2.59 - 6.12 | Updated Date 09/14/2025 |
52 Weeks Range 2.59 - 6.12 | Updated Date 09/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.25 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -5.06% | Operating Margin (TTM) -9% |
Management Effectiveness
Return on Assets (TTM) -3.42% | Return on Equity (TTM) -7.67% |
Valuation
Trailing PE - | Forward PE 476.19 | Enterprise Value 72000140 | Price to Sales(TTM) 0.68 |
Enterprise Value 72000140 | Price to Sales(TTM) 0.68 | ||
Enterprise Value to Revenue 0.58 | Enterprise Value to EBITDA 4.52 | Shares Outstanding 25449500 | Shares Floating 18115702 |
Shares Outstanding 25449500 | Shares Floating 18115702 | ||
Percent Insiders 29.07 | Percent Institutions 6.29 |
Upturn AI SWOT
Bragg Gaming Group Inc
Company Overview
History and Background
Bragg Gaming Group Inc. was founded in 2018. It has grown through acquisitions and strategic partnerships, focusing on expanding its presence in regulated iGaming markets.
Core Business Areas
- Technology and Content Solutions: Provides technology platforms and content to online casino operators, including a proprietary remote games server (RGS) and player account management (PAM) system.
- Gaming Content: Develops and distributes proprietary and third-party gaming content for online casinos.
- Managed Services: Offers marketing, customer support, and other operational services to iGaming operators.
Leadership and Structure
Bragg Gaming Group Inc. is led by a management team with experience in the iGaming industry. Details on the exact structure would require specific company information. Paul Godfrey is the Interim CEO.
Top Products and Market Share
Key Offerings
- Oryx Gaming Platform: A complete iGaming platform with casino, sportsbook, lottery, and marketing solutions. Market share is difficult to pinpoint exactly due to varying regional regulations and competitive landscape. Competitors include EveryMatrix, SoftSwiss, and Playtech. Revenue numbers vary year by year.
- Spin Games Content: Bragg's portfolio of proprietary and third-party casino games. Similar to the platform, specific market share data is fragmented. Competitors include NetEnt, Microgaming, and Play'n GO. Revenue numbers vary year by year.
Market Dynamics
Industry Overview
The iGaming industry is experiencing substantial growth, driven by increasing internet penetration, legalization of online gambling in various jurisdictions, and technological advancements. The industry is highly competitive and subject to regulatory changes.
Positioning
Bragg Gaming Group Inc. positions itself as a content and technology provider for the iGaming industry, targeting regulated markets. Its competitive advantage lies in its comprehensive platform and diverse content portfolio.
Total Addressable Market (TAM)
The global iGaming market is estimated to reach hundreds of billions of USD in the coming years. Bragg is positioned to capture a portion of this TAM by expanding its presence in key regulated markets and offering innovative solutions.
Upturn SWOT Analysis
Strengths
- Proprietary technology platform (RGS)
- Diverse portfolio of gaming content
- Focus on regulated markets
- Strategic acquisitions for growth
Weaknesses
- Limited brand recognition compared to larger competitors
- Dependence on regulatory approvals
- Relatively small size compared to industry giants
- Profitability varies year by year
Opportunities
- Expansion into new regulated markets (North America)
- Partnerships with established operators
- Development of innovative gaming content
- Increased adoption of mobile gaming
Threats
- Intense competition from larger players
- Changes in regulations
- Technological disruptions
- Economic downturn affecting consumer spending
Competitors and Market Share
Key Competitors
- EVGN
- SGMS
- ENTMF
Competitive Landscape
Bragg Gaming Group Inc. faces competition from larger, more established players in the iGaming industry. It seeks to differentiate itself through its technology platform, diverse content portfolio, and focus on regulated markets. It can be challenging to compete with companies that are larger, have more resources, and a wider range of games.
Major Acquisitions
Spin Games
- Year: 2021
- Acquisition Price (USD millions): 30
- Strategic Rationale: Expanded Bragg's content and technology offering for the North American market.
Growth Trajectory and Initiatives
Historical Growth: Bragg Gaming Group Inc. has grown through acquisitions and organic expansion, focusing on regulated markets.
Future Projections: Future growth depends on Bragg Gaming Group Inc's ability to continue expanding its presence in regulated markets, develop innovative products, and form strategic partnerships. Analyst estimates vary.
Recent Initiatives: Recent initiatives include expanding into new regulated markets (e.g., North America), acquiring complementary businesses, and launching new gaming content.
Summary
Bragg Gaming Group is a growing company in the iGaming sector, focused on regulated markets and strategic acquisitions. While it has a strong technology platform and diverse content, it faces competition from larger players and regulatory risks. Expansion into new markets and innovative product development are key to its future success. Overall, Bragg Gaming Group Inc. fundamentals are stable, but further improvements are needed to compete with larger firms.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Financial News Articles
- Industry Reports
- SEC Filings
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market share estimates are approximate and may vary depending on the source and methodology. Financial data and performance metrics are sourced from publicly available information and are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Bragg Gaming Group Inc
Exchange NASDAQ | Headquaters Toronto, ON, Canada | ||
IPO Launch date 2021-08-27 | CEO & Director Mr. Matevz Mazij | ||
Sector Consumer Cyclical | Industry Gambling | Full time employees 540 | Website https://bragg.group |
Full time employees 540 | Website https://bragg.group | ||
Bragg Gaming Group Inc. operates as an iGaming content and technology solutions provider serving online and land-based gaming operators with its proprietary and exclusive content. The company offers various games, including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games. Its studios also provide crafted casino game titles using the data-driven insights from in-house brands, including Wild Streak Gaming, Atomic Slot Lab, and Indigo Magic; and its proprietary content portfolio is complemented by a cross section of exclusive titles from selected studio partners under the Powered By Bragg program. The company builds games on its own remote games server (RGS) technology that are distributed via the Bragg Hub content delivery platform and are available to the customers. Its proprietary player account management (PAM) technology powers various iCasino and sportsbook brands and is supported by in-house managed, operational, and marketing services. In addition, the company offers turnkey solutions; Fuze brand marketing toolset with Kingsbet.cz; and sportsbook technology through Altenar. It provides services to gaming operators in North America, including in the United States and Canada; in LatAM, Brazil, Mexico and Peru; and in Europe, such as Belgium, Croatia, Czech Republic, Germany, Greece, Italy, Portugal, Romania, Serbia, Spain, Sweden, Switzerland, and the United Kingdom. The company was formerly known as Rockies Financial Corporation and changed its name to Bragg Gaming Group Inc. in 2018. Bragg Gaming Group Inc. is headquartered in Toronto, Canada.
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