Bragg Gaming Group Inc (TSX:BRAG)
C$ 2.51 +0.14 (+5.91%) Market Cap: 66.22 Mil Enterprise Value: 71.37 Mil PE Ratio: 0 PB Ratio: 0.66 GF Score: 42/100

Q2 2025 Bragg Gaming Group Inc Earnings Call Transcript

Aug 14, 2025 / 12:30 PM GMT
Release Date Price: C$4.21 (-20.11%)

Key Points

Positve
  • Bragg Gaming Group Inc (BRAG) reported a 4.9% increase in revenue year over year, with a significant 21% growth excluding the Netherlands.
  • Gross profit grew by 10.8% year over year, with the gross profit margin increasing by 280 basis points to 52.7%.
  • Proprietary content revenue grew by 44% year over year, with a notable 270% increase in the US market.
  • Strategic partnerships with major operators like Caesars and Hardrock Digital validate Bragg's capabilities and are expected to drive future revenue.
  • The company is focusing on AI-driven strategies to enhance player engagement and operational efficiency, aiming to become an AI-first business by 2027.
Negative
  • Adjusted EBITDA decreased by 4.3% from the same period in 2024, largely due to increased compensation spending.
  • The Netherlands market faced a 25% contraction due to regulatory changes, impacting Bragg's revenue from this region.
  • The company's top-line growth was lower than expected, with a focus on margin and cash flow over aggressive revenue expansion.
  • There are headwinds in Brazil and other regions, affecting the company's overall market performance.
  • The process of securing a new working capital revolving debt facility has taken longer than expected, impacting financial flexibility.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BRAG.TO - Bragg Gaming Group Inc
Q2 2025 Bragg Gaming Group Inc Earnings Call
Aug 14, 2025 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning everyone and thank you for joining the 2nd quarter 2025 earnings conference call for Bragg gaming Group.

My name is Greg, and I will be your operator today. I will shortly hand the call over to Bragg gaming Group CEO Matthias May, who will discuss Bragg's 2nd quarter 2025 performance, and Bragg's CFO Robbie Bressler, who will review the company's financial results.

Please be reminded that you can review Bragg's results presentation on the company's investor website at investors.brag.group in the events and presentations section.

Following these prepared remarks, the conference will be open to a question and answer period.

Certain statements on this call may constitute forward
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