Ladies and gentlemen, listen up! We've got a hot stock on our hands, and it's time to talk about
(TSE:BRAG). This company is making waves in the iGaming industry, and if you're not paying attention, you're missing out on a massive opportunity. Let's dive in and see why BRAG is the stock you need to own right now!
First things first, let's talk about the numbers.
just reported record fourth-quarter 2024 revenue of EUR 27.2 million (USD 28.8 million), a whopping 16.3% year-over-year increase. And that's not all—full-year revenue for 2024 was EUR 102.0 million (USD 108.1 million), up 9.1% year-over-year. This is growth, growth, growth! The company's gross profit rose by 30.9% in the fourth quarter, and adjusted EBITDA grew by 68.0%. For the full year, gross profit increased by 8.2%. These metrics show that
is not only growing its top line but also improving its profitability and operational efficiency.
Now, let's talk about market expansion. Bragg Gaming has been making some serious moves. They've entered Brazil's regulated iGaming market, and they've expanded into the second Canadian province with Loto-Québec. These expansions are expected to drive further revenue growth and market share gains. For example, the company's partnership with
for technology platform and game development is anticipated to boost revenue and profitability. This is a no-brainer—Bragg Gaming is positioning itself to compete more effectively with other major players in the iGaming industry.
But wait, there's more! Significant insider buying indicates management's conviction in the company's undervalued shares. This is a positive signal for investors, as insiders typically have a deep understanding of the company's prospects and are more likely to buy shares when they believe the stock is undervalued. Bragg Gaming has outlined a strong 2025 outlook, including double-digit revenue growth, expanding profit margins, and increased operational levels. The company's strategic focus on high-margin proprietary content and expansion into new markets is expected to drive future growth.
Now, let's talk about the competitive position. Although Bragg Gaming has a relatively small market share compared to larger competitors like MGM Resorts International and Caesars Entertainment, its 37% revenue compound annual growth rate (CAGR) from 2019 to 2023 indicates strong growth potential. The company's focus on proprietary content and technology solutions positions it well to compete in the growing iGaming market.
In summary, Bragg Gaming Group Inc. (BRAG) presents a strong investment opportunity due to its consistent revenue growth, improving profitability, market expansion, insider buying, strategic initiatives, and robust financial health. These factors suggest that the company is currently undervalued and has significant growth potential. So, do yourself a favor and get in on this action before it's too late! BUY NOW!
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