Bragg Gaming Group Inc ( (TSE:BRAG) ) has issued an update.
On April 25, 2025, Bragg Gaming Group announced an agreement to repay USD 5 million of its USD 7 million secured promissory note, with a short-term extension for the remaining USD 2 million until June 6, 2025. The company is also securing a new revolving credit facility expected to offer better terms, which will enhance financial flexibility and support strategic growth opportunities.
Spark’s Take on TSE:BRAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRAG is a Outperform.
Bragg Gaming Group Inc’s overall stock score reflects strong revenue growth and strategic expansions, supported by positive earnings call and corporate events. However, consistent net losses and lack of profitability are significant concerns. The technical analysis indicates bearish momentum, and valuation metrics highlight current unprofitability. Despite these challenges, the positive outlook for future growth offers potential upside if profitability and cash flow can be improved.
To see Spark’s full report on TSE:BRAG stock, click here.
More about Bragg Gaming Group Inc
Bragg Gaming Group Inc. is a global B2B iGaming content and technology provider, offering proprietary and exclusive content along with advanced player account management technology. The company serves both online and land-based gaming operators and is operational in over 30 regulated iCasino markets worldwide, including the U.S., Canada, Latin America, and Europe.
YTD Price Performance: 5.23%
Average Trading Volume: 19,700
Technical Sentiment Signal: Buy
Current Market Cap: C$141.1M
Learn more about BRAG stock on TipRanks’ Stock Analysis page.