The earnings call highlighted significant growth in proprietary content revenue and strategic partnerships in the U.S. market, showing strong operational efficiency and leadership enhancement. However, challenges in the Netherlands market and a decline in adjusted EBITDA offset some of the positive momentum.

Company Guidance

During Bragg Gaming Group's Second Quarter 2025 earnings call, CEO Matevž Mazij and CFO Robbie Bressler provided guidance that underscored the company's strategic focus on improving margins and cash flow performance over aggressive revenue expansion. The company reported a 4.9% increase in revenue year-over-year to EUR 26.1 million, with significant growth of 21% when excluding the Netherlands, where regulatory changes have impacted the market. Gross profit increased by 10.8% to EUR 13.7 million, with a gross profit margin improvement of 280 basis points to 52.7%. However, adjusted EBITDA decreased by 4.3% to EUR 3.5 million, attributed to increased compensation spending. Despite these challenges, Bragg is witnessing strong growth in proprietary content, particularly in the U.S. market, where this segment grew by 270% year-on-year. The company revised its full-year guidance, projecting revenues between EUR 106 million and EUR 108.5 million and adjusted EBITDA between EUR 16.5 million and EUR 18.5 million. The guidance reflects a strategic shift towards higher-quality earnings, prioritizing margin and cash generation, with adjusted EBITDA margins expected to improve in the second half of 2025.

Strong Growth in Proprietary Content Revenue

Proprietary content revenue grew by 44% year-over-year, reaching EUR 3.9 million in 2025. Significant growth was seen in the U.S. market with a 270% year-on-year increase.

Cost Synergies and Operational Efficiency

The company realized EUR 2 million in annualized cash savings through planned cost synergies, with further opportunities anticipated in the second half of the year.

Partnerships with Tier 1 Operators

Bespoke content agreements with Caesars and Hard Rock Digital demonstrate Bragg's position as a preferred content partner, validating the company's capabilities.

U.S. Market Expansion and Growth

Bragg's content saw a 270% GGR increase year-over-year in the U.S., with new launches in New Jersey, Pennsylvania, and Michigan.

Leadership Additions

Key hires include Scott Milford as EVP, Group Content, and Luka Pataky as EVP of AI and Innovation, enhancing the company's focus on content and AI-driven growth.

Bragg Gaming Group Inc (TSE: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 >

TSE:BRAG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	-0.09 / -	-0.016	―	―	―
Aug 14, 2025	2025 (Q2)	-0.08 / -0.11	-0.161	30.00% (+0.05)	―	―
May 15, 2025	2025 (Q1)	-0.07 / -0.18	-0.129	-37.50% (-0.05)	―	―
Mar 20, 2025	2024 (Q4)	-0.06 / -0.03	-0.065	50.00% (+0.03)	―	―
Nov 14, 2024	2024 (Q3)	-0.08 / -0.02	-0.21	92.31% (+0.19)	―	―
Aug 08, 2024	2024 (Q2)	-0.06 / -0.16	0.032	-600.00% (-0.19)	―	―
May 09, 2024	2024 (Q1)	-0.09 / -0.13	-0.032	-300.00% (-0.10)	―	―
Mar 26, 2024	2023 (Q4)	<0.01 / -0.06	-0.048	-33.33% (-0.02)	―	―
Nov 09, 2023	2023 (Q3)	-0.03 / -0.21	-0.145	-44.44% (-0.06)	―	―
Aug 10, 2023	2023 (Q2)	0.02 / 0.03	0	―	―	―

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

TSE:BRAG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 14, 2025	C$5.27	C$4.21	-20.11%
May 15, 2025	C$6.25	C$6.43	+2.88%
Mar 20, 2025	C$6.27	C$6.33	+0.96%
Nov 14, 2024	C$6.10	C$4.26	-30.16%

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 (TSE:BRAG) report earnings?

Bragg Gaming Group Inc (TSE:BRAG) is schdueled to report earning on Nov 06, 2025, TBA (Confirmed).

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

Bragg Gaming Group Inc (TSE:BRAG) earnings time is at Nov 06, 2025, 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 TSE:BRAG EPS forecast?

TSE:BRAG EPS forecast for the fiscal quarter 2025 (Q3) is -0.09.

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