GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bragg Gaming Group Inc (TSX:BRAG) » Definitions » Return-on-Tangible-Equity

Bragg Gaming Group (TSX:BRAG) Return-on-Tangible-Equity : -237.83% (As of Mar. 2025)


View and export this data going back to 2005. Start your Free Trial

What is Bragg Gaming Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bragg Gaming Group's annualized net income for the quarter that ended in Mar. 2025 was C$-16.4 Mil. Bragg Gaming Group's average shareholder tangible equity for the quarter that ended in Mar. 2025 was C$6.9 Mil. Therefore, Bragg Gaming Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -237.83%.

The historical rank and industry rank for Bragg Gaming Group's Return-on-Tangible-Equity or its related term are showing as below:

TSX:BRAG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -687.46   Med: -201.52   Max: -89.74
Current: -195.42

During the past 13 years, Bragg Gaming Group's highest Return-on-Tangible-Equity was -89.74%. The lowest was -687.46%. And the median was -201.52%.

TSX:BRAG's Return-on-Tangible-Equity is ranked worse than
98.54% of 756 companies
in the Travel & Leisure industry
Industry Median: 7.56 vs TSX:BRAG: -195.42

Bragg Gaming Group Return-on-Tangible-Equity Historical Data

The historical data trend for Bragg Gaming Group's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Bragg Gaming Group Annual Data
Trend Jan15 Jan16 Jan17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -89.74 -101.84 - -201.52

Bragg Gaming Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity 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 - -1,013.89 -19.91 -59.80 -237.83

Competitive Comparison of Bragg Gaming Group's Return-on-Tangible-Equity

For the Gambling subindustry, Bragg Gaming Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bragg Gaming Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bragg Gaming Group's Return-on-Tangible-Equity falls into.


;
;

Bragg Gaming Group Return-on-Tangible-Equity Calculation

Bragg Gaming Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-7.678/( (0.283+7.337 )/ 2 )
=-7.678/3.81
=-201.52 %

Bragg Gaming Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-16.388/( (7.337+6.444)/ 2 )
=-16.388/6.8905
=-237.83 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bragg Gaming Group  (TSX:BRAG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Bragg Gaming Group Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Bragg Gaming Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


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