Business
Bragg Gaming Group Reports 7.1% First Quarter 2025 Revenue Rise to EUR 25.5 Million (USD 28.6 Million); 27%¹ Revenue Growth Achieved Excluding the Netherlands
Triple-digit revenue growth in the U.S.; significant increase in profitability through improved p...
About this update from Bragg Gaming Group Inc.
[{"type":"text","content":"Bragg Gaming Group Reports 7.1% First Quarter 2025 Revenue Rise to EUR 25.5 Million (USD 28.6 Million); 27%¹ Revenue Growth Achieved Excluding the Netherlands\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadl3 { padding-left: 15px }\n.bwpadr0 { padding-right: 0px }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth12 { width: 12% }\n.bwwidth14 { width: 14% }\n.bwwidth15 { width: 15% }\n.bwwidth16 { width: 16% }\n.bwwidth2 { width: 2% }\n.bwwidth4 { width: 4% }\n.bwwidth48 { width: 48% }\n.bwwidth64 { width: 64% }\n \n\n\n\n\n Triple-digit revenue growth in the U.S.; significant increase in profitability through improved product mix\n \n\n\n\n 27%¹ Revenue Growth Excluding the Netherlands, Driven by U.S. Revenue Growth of 150%\n \n\n Gross Profit Margin Jumps to 56.0%, Driven by Proprietary Content Growth\n \n\n Adjusted EBITDA Rises 19.7%, Reflecting Strong Operational Leverage\n \n\n Robust 63.5% YoY Growth in Cash from Operations, to EUR 4.5 Million (USD 5.0 Million)\n \n\n 62% YoY Proprietary Content Revenue Growth, Reaching a Record 15.5% of Total Revenue\n \n\n\n\n\n Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”), a leading content and technology provider to the online gaming industry, today announced its financial results for the first quarter of 2025. The Company delivered diversified revenue growth, significant margin expansion, and strong cash generation, driven by its strategic focus on proprietary content and expansion in key growth markets.\n \n\n\n\n\n\n Summary of Financial and Operational Highlights\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Euros (millions)\n \n (1)\n \n\n\n\n\n\n\n\n 1Q25\n \n\n\n\n\n\n\n\n\n\n 1Q24...