Bragg Gaming Group Inc. key statistics and ratios

In fiscal 2025, Bragg Gaming Group Inc. had return on equity of -12.3%, an operating margin of -5.0%, debt equal to 5.6% of equity and a current ratio of 0.97. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bragg Gaming Group Inc.: financial ratios, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	43.5%	48.6%	53.2%	53.4%	53.0%	55.0%
Operating margin	−25.6%	−10.9%	−1.0%	−0.8%	−3.5%	−5.0%
Net margin	−31.4%	−12.9%	−4.1%	−4.1%	−5.0%	−7.7%
Free-cash-flow margin	14.0%	−0.0%	6.1%	12.2%	9.9%	16.6%
Return on equity	−34.1%	−14.4%	−4.9%	−5.5%	−7.2%	−12.3%
Return on assets	−18.9%	−9.7%	−3.6%	−3.7%	−5.0%	−8.1%
Asset turnover	0.60	0.76	0.87	0.90	0.98	1.06
Current ratio	1.23	1.76	1.22	1.04	1.14	0.97
Debt to equity	0.0%	0.0%	11.5%	4.2%	9.0%	5.6%
Interest cover (operating income ÷ interest)	n/m	n/m	n/m	n/m	n/m	n/m
Capital spending as % of revenue	0.5%	0.2%	0.6%	0.4%	1.0%	0.3%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

1 of 3 checks passed · December 31, 2025

What it owns · $117m

Short-term assets $37mLonger-term assets $79m

What it owes, and who funded it · $117m

Short-term liabilities $38mLonger-term liabilities $5mShareholders' equity $74m

Short-term assets cover short-term liabilities $37m of assets due within a year against $38m of liabilities due within a year.
Short-term assets cover long-term liabilities $37m short-term assets against $5m of longer-dated liabilities.
More cash than debt Cash or debt not separately reported. Not assessable.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
Operating profit covers interest at least five times over Operating income of −$6m against $1m of interest.

From Bragg Gaming Group Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: BRAG vs CDRO BRAG vs CPHC BRAG vs FLL

More: Casinos & Gaming stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Bragg Gaming Group Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bragg Gaming Group Inc.