Bragg Gaming Financials

BRAG Stock  USD 6.14  0.26  4.06%   
Based on the key indicators obtained from Bragg Gaming's historical financial statements, Bragg Gaming Group is not in a good financial situation at this time. It has a very high probability of going through financial hardship in July. At this time, Bragg Gaming's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Bragg Gaming's current Total Stockholder Equity is estimated to increase to about 73.4 M, while Retained Earnings are forecasted to increase to (71.9 M). Key indicators impacting Bragg Gaming's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.991.0427
Notably Down
Very volatile
Investors should never underestimate Bragg Gaming's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Bragg Gaming's cash flow, debt, and profitability to make informed and accurate decisions about investing in Bragg Gaming Group.

Net Income

(4.02 Million)

  
Understanding current and past Bragg Gaming Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bragg Gaming's financial statements are interrelated, with each one affecting the others. For example, an increase in Bragg Gaming's assets may result in an increase in income on the income statement.
The data published in Bragg Gaming's official financial statements typically reflect Bragg Gaming's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Bragg Gaming's quantitative information. For example, before you start analyzing numbers published by Bragg accountants, it’s essential to understand Bragg Gaming's liquidity, profitability, and earnings quality within the context of the Entertainment space in which it operates.
Please note, the presentation of Bragg Gaming's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bragg Gaming's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bragg Gaming's management manipulating its earnings.

Bragg Gaming Stock Summary

Bragg Gaming competes with Snail, Playstudios, GDEV, Doubledown Interactive, and Golden Matrix. Bragg Gaming Group Inc. operates as a technology and content supplier to the gaming industry worldwide. The company also holds various content distribution rights through partnerships with selected third-party studios. Bragg Gaming operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 388 people.
Foreign Associate
  Canada
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA1048333068
CUSIP104833306
LocationOntario; Canada
Business Address130 King Street
SectorEntertainment
IndustryCommunication Services
BenchmarkNYSE Composite
Websitewww.bragg.games
Phone(647) 800 2282
CurrencyUSD - US Dollar

Bragg Gaming Key Financial Ratios

There are many critical financial ratios that Bragg Gaming's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bragg Gaming Group reports annually and quarterly.

Bragg Gaming Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab1.5M23.4M13.7M18.8M15.8M16.6M
Retained Earnings(46.7M)(61.2M)(68.7M)(72.2M)(75.7M)(71.9M)
Total Current Assets8.3M36.8M27.0M29.7M29.0M30.4M
Net Receivables6.2M10.4M8.5M16.6M18.6M19.5M
Accounts Payable5.1M6.4M1.5M4.3M7.5M7.8M
Other Assets1.2M2.6M3.8M7.4M1.00.95
Common Stock40.2M62.3M100.3M109.9M119.5M125.5M
Net Tangible Assets(26.7M)8.1M14.4M3.5M4.0M4.2M
Other Liab15.8M1.6M1.4M3.6M3.2M3.0M

Bragg Gaming Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.8M1.4M245K985K2.2M2.3M
Ebit(2.3M)655K(4.3M)(115K)(882.8K)(926.9K)
Income Tax Expense541K1.2M826K1.6M907.7K953.1K

Bragg Gaming Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(4.8M)25.4M(10.1M)(4.7M)(2.5M)(2.4M)
Capital Expenditures1.7M2.5M3.3M7.9M9.7M10.2M
Net Income(10.4M)(14.5M)(7.5M)(3.5M)(3.8M)(4.0M)
End Period Cash Flow682K26.1M16.0M11.3M8.8M9.2M
Depreciation2.1M2.9M4.8M8.5M13.0M13.7M
Net Borrowings(484K)(212K)(171K)7.2M8.3M8.7M
Change To Netincome8.6M13.1M4.7M4.1M3.7M3.5M

Bragg Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Bragg Gaming's current stock value. Our valuation model uses many indicators to compare Bragg Gaming value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bragg Gaming competition to find correlations between indicators driving Bragg Gaming's intrinsic value. More Info.
Bragg Gaming Group is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Bragg Gaming's Return On Equity is most likely to increase in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Bragg Gaming by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Bragg Gaming Group Systematic Risk

Bragg Gaming's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bragg Gaming volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Bragg Gaming Group correlated with the market. If Beta is less than 0 Bragg Gaming generally moves in the opposite direction as compared to the market. If Bragg Gaming Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bragg Gaming Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bragg Gaming is generally in the same direction as the market. If Beta > 1 Bragg Gaming moves generally in the same direction as, but more than the movement of the benchmark.

Bragg Gaming Thematic Clasifications

Bragg Gaming Group is part of Video Games investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Equities that are involved in video gaming space. Companies that are involved in the building and marketing of video games or gaming software.
Video GamesView
This theme covers Equities that are involved in video gaming space. Companies that are involved in the building and marketing of video games or gaming software. . Get More Thematic Ideas
Today, most investors in Bragg Gaming Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bragg Gaming's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Bragg Gaming growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(6.0)

At this time, Bragg Gaming's Price Earnings To Growth Ratio is most likely to drop slightly in the upcoming years.

Bragg Gaming June 6, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Bragg Gaming help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bragg Gaming Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bragg Gaming Group based on widely used predictive technical indicators. In general, we focus on analyzing Bragg Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bragg Gaming's daily price indicators and compare them against related drivers.

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When running Bragg Gaming's price analysis, check to measure Bragg Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bragg Gaming is operating at the current time. Most of Bragg Gaming's value examination focuses on studying past and present price action to predict the probability of Bragg Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bragg Gaming's price. Additionally, you may evaluate how the addition of Bragg Gaming to your portfolios can decrease your overall portfolio volatility.
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