Bragg Gaming Group delivers 41 Per revenue growth

Business News

Bragg Gaming Group today published its financial results for the three-months and year-ended December 31, 2019.

Bragg announced that it achieved revenue growth of 41 per cent year-over-year in 2019 on a pro forma basis, if Oryx was owned by Bragg for the entirety of 2018, with total revenue of €26.6 million (C$40.57 million), gross profit of €12.0 million.

EBITDA of €1.2 million (C$1.83 million). The Company returned a positive Clean EBITDA for the first time.

“2019 was Bragg’s first full year of operations, and we’ve taken significant strides to establish ourselves as one of the fastest growing B2B providers in the gaming space,” said Dominic Mansour, CEO of Bragg. “We experienced record revenue growth throughout 2019 and reached positive EBITDA in the fourth quarter.”

RECOMMENDED