Added to YB: 2024-11-15
Pitch date: 2024-11-14
BRAG [bullish]
Bragg Gaming Group Inc.
-43.38%
current return
Author Info
Inflexio Research looks for special situation & long-term micro-cap plays in the US & Canada. Sign up for the newsletter.
Company Info
Bragg Gaming Group Inc. operates as an iGaming content and technology solutions. The company offers Bragg PAM, a player account management platform; Bragg HUB, an iGaming product delivery solution; and Fuze, a gamification and engagement toolset.
Market Cap
CAD 44.5M
Pitch Price
CAD 3.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.38
P/E
-5.43
EV/Sales
0.43
Sector
Hotels, Restaurants and Leisure
Category
growth
Bragg Gaming (BRAG): Accelerating US Growth, Strong Management, and Attractive Valuation Signal Long-Term Potential
BRAG: Rebought after sale fell through. US rev +42% QoQ, growth ex-betcity +25% YoY. Quality management hire, investments to pay off in 2025. Betcity now 22% of rev (vs 42% 2yrs ago). Compelling at 4.5x 2024 EBITDA, potential DD EBITDA growth in 2025. May add if weakens further.
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