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Bragg Gaming Group Inc. (BRAG)

Consumer Cyclical | Gambling | Toronto, Canada | NasdaqGS
2.04 USD +0.01 (0.591%) ⇧ (April 21, 2026, 4 p.m. EDT)
After hours: 2.00 -0.04 (-0.042%) ⇩ (April 21, 2026, 4:43 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:42 a.m. EDT

Bragg Gaming is a high-risk 'value trap' candidate where technicals are finally aligning with dilution risks. While the unusual activity in OTM calls (+260% volume spike at $7.50 for June) shows some smart money betting on a rebound, the underlying fundamentals are dire: negative earnings, nearly flat revenue growth, and a massive discrepancy between a single 'Buy' analyst target ($8.16) and the company's ability to generate cash. With a -6.1% forecasted return and a Flipped-Money (FM) signal warning of deteriorating conditions, investors are being offered a speculative bounce rather than a solid opportunity. Do not buy the dip without a strict stop-loss.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.213306
AutoARIMA0.215126
MSTL0.220654
AutoTheta0.232288

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 71%
H-stat 1.30
Ljung-Box p 0.000
Jarque-Bera p 0.470
Excess Kurtosis -0.89
Attribute Value
Sector Consumer Cyclical
Debt to Equity Ratio 12.127
Revenue per Share 4.193
Market Cap 52,222,688
Forward P/E 173.95
Beta 0.31
Profit Margins -7.65%
Website https://bragg.group

As of April 19, 2026, 12:42 a.m. EDT: Options activity reveals cautious sentiment with significantly more call volume (108 contracts) than put volume (6 contracts), suggesting a slight speculative bullish bias. However, this bullishness is priced in the Out-of-the-Money (OTM) range with zero ITM volume, indicating leverage plays only if a recovery occurs. There is no hedging activity; OTM put positions are zero across most expirations. Implied Volatility is elevated (1.51x ATM for nearby monthly puts), suggesting anticipatory uncertainty surrounding the May 15 expiration.


Info Dump

Attribute Value
52 Week Change -0.46153843
Address1 130 King Street West
Address2 Suite 1955 The Exchange Tower
All Time High 25.01
All Time Low 1.04
Ask 2.54
Ask Size 2
Audit Risk 3
Average Analyst Rating 2.2 - Buy
Average Daily Volume10 Day 11,360
Average Daily Volume3 Month 28,857
Average Volume 28,857
Average Volume10Days 11,360
Beta 0.313
Bid 1.46
Bid Size 2
Board Risk 8
Book Value 2.880726
City Toronto
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 10
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 2.042
Current Ratio 0.969
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 2.042
Day Low 1.99
Debt To Equity 12.127
Display Name Bragg Gaming
Dividend Date 1,492,646,400
Earnings Call Timestamp End 1,773,923,400
Earnings Call Timestamp Start 1,773,923,400
Earnings Timestamp 1,773,923,400
Earnings Timestamp End 1,778,761,800
Earnings Timestamp Start 1,778,761,800
Ebitda 1,670,000
Ebitda Margins 0.01574
Enterprise To Ebitda 31.654
Enterprise To Revenue 0.498
Enterprise Value 52,861,796
Eps Current Year -0.035
Eps Forward 0.0117389
Eps Trailing Twelve Months -0.38
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.7793
Fifty Day Average Change 0.26270008
Fifty Day Average Change Percent 0.14764237
Fifty Two Week Change Percent -46.153843
Fifty Two Week High 4.82
Fifty Two Week High Change -2.778
Fifty Two Week High Change Percent -0.57634854
Fifty Two Week Low 1.46
Fifty Two Week Low Change 0.582
Fifty Two Week Low Change Percent 0.39863014
Fifty Two Week Range 1.46 - 4.82
Financial Currency EUR
First Trade Date Milliseconds 1,522,157,400,000
Float Shares 20,496,766
Forward Eps 0.0117389
Forward P E 173.95157
Free Cashflow 18,139,500
Full Exchange Name NasdaqGS
Full Time Employees 534
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.5499
Gross Profits 58,330,000
Has Pre Post Market Data 1
Held Percent Insiders 0.18962
Held Percent Institutions 0.049050003
Implied Shares Outstanding 25,574,284
Industry Gambling
Industry Disp Gambling
Industry Key gambling
Ipo Expected Date 2,021-08-27
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,620,172,800
Last Split Factor 1:10
Long Business Summary Bragg Gaming Group Inc. operates as an iGaming content and technology solutions. The company offers Bragg PAM, a player account management platform; Bragg HUB, an iGaming product delivery solution; and Fuze, a gamification and engagement toolset. It also offers casino content, and marketing and operational services. The company operates in Malta, the Netherlands, the United States, Brazil, Curaçao, Marshall Islands, Belgium, Croatia, Isle of Man, Czech Republic, and internationally. The company was formerly known as Rockies Financial Corporation and changed its name to Bragg Gaming Group Inc. in 2018. Bragg Gaming Group Inc. is headquartered in Toronto, Canada.
Long Name Bragg Gaming Group Inc.
Market us_market
Market Cap 52,222,688
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_217435937
Most Recent Quarter 1,767,139,200
Net Income To Common -8,115,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 51,493,874
Number Of Analyst Opinions 1
Open 1.99
Operating Cashflow 17,934,000
Operating Margins -0.00058
Overall Risk 8
Payout Ratio 0.0
Post Market Change -0.042000055
Post Market Change Percent -2.0568097
Post Market Price 2.0
Post Market Time 1,776,804,227
Previous Close 2.03
Price Eps Current Year -58.342857
Price Hint 4
Price To Book 0.7088491
Price To Sales Trailing12 Months 0.49232316
Profit Margins -0.0765
Quick Ratio 0.85
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.2
Region US
Regular Market Change 0.012000084
Regular Market Change Percent 0.5911372
Regular Market Day High 2.042
Regular Market Day Low 1.99
Regular Market Day Range 1.99 - 2.042
Regular Market Open 1.99
Regular Market Previous Close 2.03
Regular Market Price 2.042
Regular Market Time 1,776,801,600
Regular Market Volume 1,832
Return On Assets -0.02839
Return On Equity -0.119160004
Revenue Growth 0.019
Revenue Per Share 4.193
Sand P52 Week Change 0.34445214
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Share Holder Rights Risk 1
Shares Outstanding 25,574,284
Shares Percent Shares Out 0.0116
Shares Short 275,948
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 247,763
Short Name Bragg Gaming Group Inc.
Short Ratio 7.29
Source Interval 15
State ON
Symbol BRAG
Target High Price 8.152544
Target Low Price 8.152544
Target Mean Price 8.152544
Target Median Price 8.152544
Total Cash 6,658,000
Total Cash Per Share 0.26
Total Debt 7,604,000
Total Revenue 106,074,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.38
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.558275
Two Hundred Day Average Change -0.5162749
Two Hundred Day Average Change Percent -0.20180587
Type Disp Equity
Volume 1,832
Website https://bragg.group
Zip M5X 1E3