BRAGNasdaqServices-Computer Rental & LeasingFiscal year ends December 31
Bragg Gaming Group Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 31, 2026
$1.16−0.09 (-7.20%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
55.0%+11.5 pts over 5 years
Operating margin
-5.0%+20.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.0% | +7.8% | +18.0% | – | |
| Gross profit | +7.9% | +9.0% | +23.6% | – | |
| Free cash flow | +73.9% | +50.0% | +22.0% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | – | 1.23 | 0.97 | |
| Interest coverage | – | -33.7× | -5.3× | |
| Capex to revenue | – | 0.5% | 0.3% | |
| Diluted shares | – | 9M | 25M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Bragg Gaming generated €46.70M from operations and spent €2.42M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
€46.70M
Used
€2.42M
Capital expenditure€2.42M100%Dividends€00%Share buybacks€00%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero€17.93M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income€17.93M vs –
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.14 → 0.97
- No dilutionShare count did not rise24M → 25M
- Gross margin improvedGross margin up on the prior year52.98% → 54.99%
- More efficientAsset turnover rose0.99 → 1.00