The earnings call presented a mix of strong growth in key markets and strategic diversification success, alongside challenges in the Netherlands market and potential impact from customer migration. However, the positive growth metrics and successful diversification strategy indicate a positive outlook.

Company Guidance

During Bragg Gaming Group's Third Quarter 2025 Earnings Call, the company provided guidance indicating strong financial performance and strategic growth in key markets. The call highlighted a 2% year-over-year revenue increase to EUR 26.8 million, with a significant 20% rise when excluding the Netherlands, where regulatory changes impacted revenue by a 22% decline. The U.S. and Brazil were noted as high-growth markets, contributing 22% to the total revenue, up from 12% the previous year. Proprietary content revenue grew by 35%, bolstering margins and profitability, with adjusted EBITDA rising 9% to EUR 4.4 million. The gross profit reached EUR 14.7 million, reflecting an improvement in gross margin to 54.7%. Bragg reiterated its full-year 2025 revenue guidance of EUR 106-108.5 million and adjusted EBITDA of EUR 16.5-18.5 million, driven by its diversified and high-margin proprietary content strategy.

Strong Revenue Growth in Key Markets

Bragg Gaming Group reported 86% year-over-year revenue growth in the U.S. and 80% in Brazil, key drivers in the company's 35% year-over-year growth in proprietary content revenue.

Increase in Gross Profit and Adjusted EBITDA

Gross profit increased by 5% year-over-year to EUR 14.7 million, and adjusted EBITDA grew 9% to EUR 4.4 million, with margins rising 100 basis points to 16.6%.

Diversification Strategy Success

Revenue outside the Netherlands grew by 20%, indicating the effectiveness of Bragg's diversification strategy.

Credit Facility with Bank of Montreal

Secured a Tier 1 credit line with the Bank of Montreal, enhancing liquidity and lowering borrowing costs.

Bragg Gaming Group Inc (BRAG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BRAG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 19, 2026	2025 (Q4)	-0.03 / -	-0.023	―	―	―
Nov 13, 2025	2025 (Q3)	-0.07 / -0.10	-0.012	-800.00% (-0.09)	―	―
Aug 14, 2025	2025 (Q2)	-0.06 / -0.08	-0.115	30.00% (+0.03)	―	―
May 15, 2025	2025 (Q1)	-0.05 / -0.13	-0.092	-37.50% (-0.03)	―	―
Mar 20, 2025	2024 (Q4)	-0.05 / -0.02	-0.046	50.00% (+0.02)	―	―
Nov 14, 2024	2024 (Q3)	-0.06 / -0.01	-0.15	92.31% (+0.14)	―	―
Aug 08, 2024	2024 (Q2)	-0.05 / -0.12	0.023	-600.00% (-0.14)	―	―
May 09, 2024	2024 (Q1)	-0.06 / -0.09	-0.023	-300.00% (-0.07)	―	―
Mar 26, 2024	2023 (Q4)	<0.01 / -0.05	-0.035	-33.33% (-0.01)	―	―
Nov 09, 2023	2023 (Q3)	-0.02 / -0.15	-0.104	-44.44% (-0.05)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BRAG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 13, 2025	$2.07	$2.44	+17.87%
Aug 14, 2025	$3.83	$3.05	-20.37%
May 15, 2025	$4.54	$4.53	-0.22%
Mar 20, 2025	$4.47	$4.41	-1.34%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bragg Gaming Group Inc (BRAG) report earnings?

Bragg Gaming Group Inc (BRAG) is schdueled to report earning on Mar 19, 2026, TBA (Confirmed).

What is Bragg Gaming Group Inc (BRAG) earnings time?

Bragg Gaming Group Inc (BRAG) earnings time is at Mar 19, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BRAG EPS forecast?

BRAG EPS forecast for the fiscal quarter 2025 (Q4) is -0.03.

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