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Bragg Gaming Group Faces Net Loss Despite Revenue Rise

Bragg Gaming Group Faces Net Loss Despite Revenue Rise

Bragg Gaming Group Inc (TSE:BRAG) has released an update.

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Bragg Gaming Group Inc. reports a mixed financial performance for the first half of 2024, with revenues showing a slight increase from the previous year, but facing a net loss. The company’s revenue rose modestly to €48,672 thousand, up from €47,588 thousand in the same period last year. However, the group experienced a net loss of €4,304 thousand, compared to a minimal loss of €99 thousand in the previous year, indicating potential challenges ahead.

For further insights into TSE:BRAG stock, check out TipRanks’ Stock Analysis page.

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