BRAG (Bragg Gaming Group) EBIT: $-5.5 Mil (TTM As of Mar. 2026)


BRAG Bragg Gaming Group Inc BRAG
44 GF Score
Price $1.75
GF Value $4.57
Valuation Possible Value Trap
! 1 Warning Sign
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What is Bragg Gaming Group EBIT?

Bragg Gaming Group BRAG +4.48% 44 EBIT is $-5.5 Mil as of Mar. 2026. GuruFocus rates BRAG with a GF Score™ of 44/100 and a GF Value™ of $4.57 (Possible Value Trap). The stock has 1 warning sign investors should review.

Bragg Gaming Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-1.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-5.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bragg Gaming Group's annualized ROC % for the quarter that ended in Mar. 2026 was -6.21%. Bragg Gaming Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -90.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bragg Gaming Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -11.34%.

Bragg Gaming Group  (NAS:BRAG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Bragg Gaming Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-5.568 * ( 1 - 6.22% )/( (85.496 + 82.773)/ 2 )
=-5.2216704/84.1345
=-6.21 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=116.334 - 32.019 - ( 7.796 - max(0, 38.283 - 37.102+7.796))
=85.496

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=107.002 - 25.95 - ( 3.946 - max(0, 31.193 - 29.472+3.946))
=82.773

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Bragg Gaming Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.256/( ( (6.057 + max(-4.112, 0)) + (5.512 + max(-2.398, 0)) )/ 2 )
=-5.256/( ( 6.057 + 5.512 )/ 2 )
=-5.256/5.7845
=-90.86 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.885 + 0 + 4.573) - (32.019 + 0 + 0.551)
=-4.112

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.951 + 0 + 3.002) - (25.95 + 0 + 0.401)
=-2.398

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Bragg Gaming Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-5.466/48.199
=-11.34 %

* 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 EBIT Related Terms

Bragg Gaming Group EBIT Historical Data

* Premium members only.

The historical data trend for Bragg Gaming Group's EBIT 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.

Bragg Gaming Group EBIT Chart

Bragg Gaming Group Annual Data
Trend Jan16 Jan17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.28 -1.00 -0.77 -4.13 -6.11

Bragg Gaming Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 -1.77 -2.38 -1.37 -0.41 -1.31

BRAG vs FLUT, DKNG, LNWO: EBIT Comparison

For the Gambling subindustry, Bragg Gaming Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bragg Gaming Group EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bragg Gaming Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bragg Gaming Group's EV-to-EBIT falls into.


BRAG
44GF Score
Bragg Gaming Group Inc BRAG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Bragg Gaming Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.5 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-5.5 Mil mean?
Bragg Gaming Group (BRAG) has a EBIT of $-5.5 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bragg Gaming Group.
Is Bragg Gaming Group's EBIT too high?
Bragg Gaming Group's current EBIT is $-5.5 Mil. Overall, Bragg Gaming Group has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bragg Gaming Group's EBIT compare to FLUT and DKNG?
Bragg Gaming Group's EBIT of $-5.5 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bragg Gaming Group. Bragg Gaming Group's current EBIT is $-5.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bragg Gaming Group stock overvalued right now?
Based on GuruFocus' analysis, Bragg Gaming Group (BRAG) is currently considered Possible Value Trap. The stock's GF Value™ is $4.57, compared to a current price of $1.75 — trading 61.7% below its estimated fair value. The current EBIT is $-5.5 Mil. Bragg Gaming Group's overall GF Score™ is 44/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Bragg Gaming Group (BRAG), the current EBIT is $-5.5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bragg Gaming Group (BRAG) Overvalued in 2026?

Based on GuruFocus' analysis, Bragg Gaming Group stock appears to be undervalued. The current stock price of $1.75 is trading 61.7% below its estimated GF Value™ of $4.57. GuruFocus considers Bragg Gaming Group to be Possible Value Trap.

Key valuation signals for BRAG:

  • EBIT: $-5.5 Mil
  • GF Value™: $4.57 vs. price of $1.75 (61.7% below fair value)
  • GF Score™: 44/100 with 1 warning sign

No single metric tells the full story. See the BRAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bragg Gaming Group Business Description

Other Exchanges SL4:GermanyBRAG:Canada
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 Malta, and the rest from Netherlands, Curacao, the United States, Croatia, Marshall Islands, Brazil, Isle of Man, Belgium, Czech Republic, and other regions.
44GF Score

Get the complete analysis for BRAG

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.75
Price
$4.57
GF Value