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Bragg Gaming Group (TSX:BRAG) Cost of Goods Sold : C$71.2 Mil (TTM As of Dec. 2024)


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What is Bragg Gaming Group Cost of Goods Sold?

Bragg Gaming Group's cost of goods sold for the three months ended in Dec. 2024 was C$17.0 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was C$71.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Bragg Gaming Group's Gross Margin % for the three months ended in Dec. 2024 was 58.03%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


Bragg Gaming Group Cost of Goods Sold Historical Data

The historical data trend for Bragg Gaming Group's Cost of Goods Sold can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bragg Gaming Group Cost of Goods Sold Chart

Bragg Gaming Group Annual Data
Trend Jan15 Jan16 Jan17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.88 43.39 57.06 63.76 71.54

Bragg Gaming Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.56 17.56 18.38 18.29 17.00

Bragg Gaming Group Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$71.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bragg Gaming Group  (TSX:BRAG) Cost of Goods Sold Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Bragg Gaming Group's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(40.518 - 17.004) / 40.518
=58.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Bragg Gaming Group's Inventory Turnover for the three months ended in Dec. 2024 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Bragg Gaming Group Cost of Goods Sold Related Terms

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Bragg Gaming Group Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 1955, Exchange Tower, Toronto, ON, CAN, M5X 1E3
Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The Company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic, and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from the Netherlands and the rest from Curacao, Malta, the United States, Croatia, and other regions.
Executives
Tommaso Di Chio Senior Officer
Robert Jeffrey Bressler Senior Officer
Holly Marie Gagnon Aydar Director
Mark Anthony Clayton Director
Donald Christopher Robertson Director
Matevz Mazij Senior Officer
Richard John Carter Director, Senior Officer
Yaniv Spielberg Senior Officer