Bragg Gaming Group (TSE:BRAG) Issues Earnings Results

Bragg Gaming Group (TSE:BRAG) announced its quarterly earnings results on Thursday. The company reported C($0.18) EPS for the quarter, FiscalAI reports. The firm had revenue of C$37.12 million for the quarter. Bragg Gaming Group had a negative net margin of 6.27% and a negative return on equity of 10.44%.

Bragg Gaming Group Trading Down 14.9%

Shares of TSE BRAG opened at C$2.11 on Friday. The company has a debt-to-equity ratio of 10.64, a quick ratio of 1.05 and a current ratio of 0.94. The business’s 50 day moving average price is C$2.39 and its 200-day moving average price is C$2.49. Bragg Gaming Group has a fifty-two week low of C$1.97 and a fifty-two week high of C$4.56. The company has a market cap of C$65.04 million, a price-to-earnings ratio of -8.12 and a beta of 0.16.

About Bragg Gaming Group

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a leading iGaming content and platform technology solutions provider serving online casino, sports betting and lottery operators with its proprietary, exclusive and aggregated casino games content, and its cutting-edge player account management (‘PAM’) and player engagement technology. Bragg Studios offer high-performing and passionately crafted casino game titles using the latest in data-driven insights from in-house brands including Wild Streak Gaming, Atomic Slot Lab and Indigo Magic.