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Upturn AI Summary - About
Bragg Gaming Group Inc(BRAG)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BRAG
09/24/2026: BRAG (1-star) is currently NOT-A-BUY. Pass it for now.
Bragg Gaming Group is a technology-focused supplier of iGaming platforms, content, and managed services for the online gambling industry. Its core strengths lie in its diverse aggregation platform and in-house game studios, which provide a foundation for revenue across regulated markets. The company's primary growth story is tied to the expansion of online gaming legalization and increasing demand for specialized gaming content. However, investors must weigh these opportunities against intense competition from larger incumbents and potential regulatory hurdles. As a growth-stage company that does not pay dividends, it is best suited for growth-oriented investors who monitor its execution, market expansion, and path to sustained profitability.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers growth potential in the iGaming sector but carries execution risks. |
| Momentum investor | Weak fit | Momentum suitability is conditional on a clear and sustained uptrend in stock price. |
| Value investor | Weak fit | The company is focused on scaling and growth rather than established value metrics. |
| Dividend investor | Weak fit | The company does not pay dividends and reinvests all capital. |
| Low-risk investor | Weak fit | High industry regulation and stock volatility make it unsuitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is subject to significant swings based on industry trends and company-specific news. |
| Valuation risk | Medium / high | Valuation depends heavily on future growth realization which is not guaranteed. |
| Competition risk (Gaming Technology) | High | Large incumbents with significant market share put pressure on pricing and margins. |
| Business quality | Medium | The business model is scalable but depends on continuous technological innovation. |
| Dividend income | Low / none | Investors should not expect income generation from this stock. |
| Execution risk | Medium / high | Success depends on the effective integration of technology and successful market expansion. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -70.18% | Avg. Invested days 16 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/24/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 44.11M USD | Price to earnings Ratio - | 1Y Target Price 5.91 |
Price to earnings Ratio - | 1Y Target Price 5.91 | ||
Volume (30-day avg) 26.9K shares | Beta 0.32 | 52 Weeks Range 1.25 - 3.20 | Updated Date 09/24/2026 |
52 Weeks Range 1.25 - 3.20 | Updated Date 09/24/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.34 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Content & Aggregation | Fees from proprietary game play and revenue-sharing on third-party content via Bragg HUB. | Earns revenue every time a player spins the reels on their games. |
| PAM & Managed Services | Platform licensing fees and service charges for operating client gaming sites. | Provides the 'engine' for gaming sites and gets paid for managing the operation. |
| Geography | Major operations in North America and Europe. | Revenue is tied to local gambling regulations and market adoption in these regions. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 57.8 | Enterprise Value 47.66M | Price to Sales(TTM) 0.43 |
Enterprise Value 47.66M | Price to Sales(TTM) 0.43 | ||
Enterprise Value to Revenue 0.4 | Enterprise Value to EBITDA 2.88 | Shares Outstanding 31.06M | Shares Floating 23.81M |
Shares Outstanding 31.06M | Shares Floating 23.81M | ||
Percent Insiders 23.04 | Percent Institutions 3.34 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Bragg Gaming Group Inc
Exchange NASDAQ | Headquarters Toronto, ON, Canada | ||
IPO Launch date 2021-08-27 | CEO - | ||
Sector Consumer Cyclical | Industry Gambling | Full time employees 456 | Website https://bragg.group |
Full time employees 456 | Website https://bragg.group | ||
Bragg Gaming Group Inc. operates as an iGaming content and technology solutions. The company offers Bragg PAM, a player account management platform; Bragg HUB, an iGaming product delivery solution; and Fuze, a gamification and engagement toolset. It also offers casino content, and marketing and operational services. The company operates in Malta, the Netherlands, the United States, Brazil, Curaçao, Marshall Islands, Belgium, Croatia, Isle of Man, Czech Republic, and internationally. 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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