BRAG Earnings Prediction
The chart below shows how BRAG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BRAG sees a +0.73% change in stock price 10 days leading up to the earnings, and a -1.54% change 10 days following the report. On the earnings day itself, the stock moves by -1.68%. This data can give you a slight idea of what to expect for the next quarter's release.
BRAG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
26.17M
15.93%
5.26%
Gross Margin
53.51%
1.88%
7.26%
Operating Margin
-2.89%
-46.68%
-44.64%
Net Margin
-0.63%
-95.18%
-93.47%
EPS
-0.01
-92.31%
-90.00%
No Data Available
BRAG Earnings Analysis
Bragg Gaming Group Inc. Common Shares Corporation (BRAG.O) Earnings Conference Call
Positive
Strong Q3 Performance: In the third quarter, we delivered meaningful growth across all of our key performance indicators delivering 16% top line growth year-over-year with gross profits up 18% and adjusted EBITDA up 7%.
Record High Revenue Growth: Total revenue for the third quarter was EUR 26.2 million, another record high up 15.9% compared to Q3 2023.
Gross Profit Growth: Q3 2024 gross profits grew by 18% to EUR 14 million with gross profit margin rising by 99 basis points to 53.5%.
Quarterly EBITDA Growth: Adjusted EBITDA for the quarter also grew by 7% to EUR 4.1 million, our third consecutive quarter of growth.
Content Revenue Performance: Our total content revenue was EUR 20.5 million in the third quarter of 2024, representing 78.2% of total revenue.
Negative
Record Third Quarter Revenue: Total revenue for the third quarter was EUR 26.2 million, representing a record quarter for the Company despite a year-over-year growth of only 15.9%.
Quarterly Adjusted EBITDA Growth: Adjusted EBITDA for the quarter grew by 7% to EUR 4.1 million, with a margin of 15.6%, slightly lower than the 16.9% reported in the same period last year.
Net Working Capital Increase: The Company reported a net working capital of EUR 11.3 million at the end of September 30, 2024, compared to EUR 5.1 million at the beginning of the year, indicating a significant increase in liabilities.
Content Revenue Decline: Total content revenue was EUR 20.5 million in the third quarter of 2024, representing 78.2% of total revenue, a decrease from 79.4% in the same period of 2023.
Strategic Review Outcome: The Company has concluded its strategic review process and determined that none of the proposals received reflect the Company’s intrinsic value or current and projected financial performance.
BRAG FAQs
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BRAG Earning Call Sentiment
Bragg Gaming Group Inc. (BRAG) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
BRAG.O
1.18%Positive
The earnings call presents a mixed picture: positive revenue growth and expansion into new markets are offset by tracking to the lower end of guidance and competitive pressures. The Q&A highlights potential growth in the U.S. and Brazil but lacks clear guidance on margins. The strategic review yielded no actionable proposals, and while debt is managed, it remains a concern. These factors suggest a neutral sentiment, with no strong catalysts for significant stock price movement in the short term.
