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The outlook provided by Bragg Gaming for 2025, although offering a broad range of potential outcomes, conveys a clear intention to refine its revenue streams and bolster profitability. While InvestingPro data indicates the company isn't currently profitable, with a negative EBITDA of $0.37 million, its strategic focus on higher-margin content could improve its financial metrics. The company's selective approach to growth, focusing on strategic content deployment and partnerships, is designed to enhance its standing in the global gaming market. For deeper insights into Bragg Gaming's financial health and growth potential, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
The outlook provided by Bragg Gaming for 2025, although offering a broad range of potential outcomes, conveys a clear intention to refine its revenue streams and bolster profitability. While InvestingPro data indicates the company isn't currently profitable, with a negative EBITDA of $0.37 million, its strategic focus on higher-margin content could improve its financial metrics. The company's selective approach to growth, focusing on strategic content deployment and partnerships, is designed to enhance its standing in the global gaming market. For deeper insights into Bragg Gaming's financial health and growth potential, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
Investments in in-house game development are central to Bragg Gaming's strategy. By bolstering its proprietary studios, the company anticipates a stronger market presence. Strategic partnerships are also on the agenda as part of its growth plan, with an emphasis on commercializing its products more effectively to maximize customer data and market leverage.
The outlook provided by Bragg Gaming for 2025, although offering a broad range of potential outcomes, conveys a clear intention to refine its revenue streams and bolster profitability. While InvestingPro data indicates the company isn't currently profitable, with a negative EBITDA of $0.37 million, its strategic focus on higher-margin content could improve its financial metrics. The company's selective approach to growth, focusing on strategic content deployment and partnerships, is designed to enhance its standing in the global gaming market. For deeper insights into Bragg Gaming's financial health and growth potential, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
JMP Securities' reiterated rating and price target reflect confidence in Bragg Gaming's strategic direction and anticipated financial performance. The company's focus on expanding its game portfolio and improving margins through in-house development is expected to contribute positively to its financial metrics in the coming year.
In other recent news, Bragg Gaming Group's Q3 earnings report revealed a 16% increase in year-over-year revenue and an 18% rise in gross profit to EUR 14 million. The company also reported a significant 40% increase in proprietary content revenue in the U.S. market. Financial analysis firm, Benchmark, adjusted their stock price target for Bragg Gaming from $8.00 to $4.00, maintaining a Speculative Buy rating. This adjustment followed a strategic review by Bragg Gaming, which led to the removal of the acquisition premium consideration from the company's valuation.
In addition, Bragg Gaming announced a technology platform and game development partnership with Caesars (NASDAQ:CZR) Entertainment, targeting the U.S. and Canada markets. This partnership upgrades Bragg's role from a content supplier to a technology partner and is expected to drive double-digit growth in Bragg's revenue and profitability in 2025. The agreement also enables Caesars' newly formed in-house games studio to develop and deploy proprietary, custom game titles across its online casino brands.
These recent developments reflect Bragg Gaming Group's focus on key markets in the U.S., Canada, Latin America, and Europe, and its plans for expansion into emerging markets. The company's revenue guidance is set at EUR 102 million to EUR 109 million, with adjusted EBITDA expected to be between EUR 15.2 million and EUR 18.5 million. In light of these developments, Bragg Gaming's management team has shown strong confidence in the company's value through significant insider share purchases.
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