🚀 VC round data is live in beta, check it out!
- Public Comps
- Bragg Gaming Group
Bragg Gaming Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Bragg Gaming Group and similar public comparables like GiG Software, Galaxy Gaming, Apple iSports Group, Pferdewetten and more.
Bragg Gaming Group Overview
About Bragg Gaming Group
Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The Company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic, and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from the Netherlands and the rest from Curacao, Malta, the United States, Croatia, and other regions.
Founded
2004
HQ

Employees
464
Website
Sectors
Financials (LTM)
EV
$53M
Bragg Gaming Group Financials
Bragg Gaming Group reported last 12-month revenue of $121M and EBITDA of $19M.
In the same LTM period, Bragg Gaming Group generated $68M in gross profit, $19M in EBITDA, and had net loss of ($8M).
Revenue (LTM)
Bragg Gaming Group P&L
In the most recent fiscal year, Bragg Gaming Group reported revenue of $125M and EBITDA of $19M.
Bragg Gaming Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $121M | XXX | $125M | XXX | XXX | XXX |
| Gross Profit | $68M | XXX | $69M | XXX | XXX | XXX |
| Gross Margin | 56% | XXX | 55% | XXX | XXX | XXX |
| EBITDA | $19M | XXX | $19M | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 15% | XXX | XXX | XXX |
| EBIT Margin | (5%) | XXX | (4%) | XXX | XXX | XXX |
| Net Profit | ($8M) | XXX | ($9M) | XXX | XXX | XXX |
| Net Margin | (6%) | XXX | (7%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Bragg Gaming Group Stock Performance
Bragg Gaming Group has current market cap of $52M, and enterprise value of $53M.
Market Cap Evolution
Bragg Gaming Group's stock price is $2.02.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $53M | $52M | 0.0% | XXX | XXX | XXX | $-0.37 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialBragg Gaming Group Valuation Multiples
Bragg Gaming Group trades at 0.4x EV/Revenue multiple, and 2.7x EV/EBITDA.
EV / Revenue (LTM)
Bragg Gaming Group Financial Valuation Multiples
As of April 20, 2026, Bragg Gaming Group has market cap of $52M and EV of $53M.
Equity research analysts estimate Bragg Gaming Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Bragg Gaming Group has a P/E ratio of (6.6x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $52M | XXX | $52M | XXX | XXX | XXX |
| EV (current) | $53M | XXX | $53M | XXX | XXX | XXX |
| EV/Revenue | 0.4x | XXX | 0.4x | XXX | XXX | XXX |
| EV/EBITDA | 2.7x | XXX | 2.8x | XXX | XXX | XXX |
| EV/EBIT | (9.6x) | XXX | (10.6x) | XXX | XXX | XXX |
| EV/Gross Profit | 0.8x | XXX | 0.8x | XXX | XXX | XXX |
| P/E | (6.6x) | XXX | (5.5x) | XXX | XXX | XXX |
| EV/FCF | 14.1x | XXX | 14.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Bragg Gaming Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Bragg Gaming Group Margins & Growth Rates
Bragg Gaming Group's revenue in the last 12 month grew by 0%.
Bragg Gaming Group's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
Bragg Gaming Group's rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Bragg Gaming Group's rule of X is 5% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Bragg Gaming Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 0% | XXX | (5%) | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 15% | XXX | XXX | XXX |
| EBITDA Growth | 8% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 12% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 5% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 44% | XXX | 44% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 60% | XXX | 59% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 59% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Bragg Gaming Group Public Comps
See public comps and valuation multiples for other Online Betting comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Bragg Gaming Group | XXX | XXX | XXX | XXX | XXX | XXX |
| GiG Software | XXX | XXX | XXX | XXX | XXX | XXX |
| Galaxy Gaming | XXX | XXX | XXX | XXX | XXX | XXX |
| Apple iSports Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Pferdewetten | XXX | XXX | XXX | XXX | XXX | XXX |
| Racing and Sports | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Bragg Gaming Group M&A Activity
Bragg Gaming Group acquired XXX companies to date.
Last acquisition by Bragg Gaming Group was on XXXXXXXX, XXXXX. Bragg Gaming Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Bragg Gaming Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialBragg Gaming Group Investment Activity
Bragg Gaming Group invested in XXX companies to date.
Bragg Gaming Group made its latest investment on XXXXXXXX, XXXXX. Bragg Gaming Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Bragg Gaming Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Bragg Gaming Group
| When was Bragg Gaming Group founded? | Bragg Gaming Group was founded in 2004. |
| Where is Bragg Gaming Group headquartered? | Bragg Gaming Group is headquartered in Canada. |
| How many employees does Bragg Gaming Group have? | As of today, Bragg Gaming Group has over 464 employees. |
| Who is the CEO of Bragg Gaming Group? | Bragg Gaming Group's CEO is Matevz Mazij. |
| Is Bragg Gaming Group publicly listed? | Yes, Bragg Gaming Group is a public company listed on Nasdaq. |
| What is the stock symbol of Bragg Gaming Group? | Bragg Gaming Group trades under BRAG ticker. |
| When did Bragg Gaming Group go public? | Bragg Gaming Group went public in 2015. |
| Who are competitors of Bragg Gaming Group? | Bragg Gaming Group main competitors are GiG Software, Galaxy Gaming, Apple iSports Group, Pferdewetten. |
| What is the current market cap of Bragg Gaming Group? | Bragg Gaming Group's current market cap is $52M. |
| What is the current revenue of Bragg Gaming Group? | Bragg Gaming Group's last 12 months revenue is $121M. |
| What is the current revenue growth of Bragg Gaming Group? | Bragg Gaming Group revenue growth (NTM/LTM) is 0%. |
| What is the current EV/Revenue multiple of Bragg Gaming Group? | Current revenue multiple of Bragg Gaming Group is 0.4x. |
| Is Bragg Gaming Group profitable? | Yes, Bragg Gaming Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Bragg Gaming Group? | Bragg Gaming Group's last 12 months EBITDA is $19M. |
| What is Bragg Gaming Group's EBITDA margin? | Bragg Gaming Group's last 12 months EBITDA margin is 16%. |
| What is the current EV/EBITDA multiple of Bragg Gaming Group? | Current EBITDA multiple of Bragg Gaming Group is 2.7x. |
| What is the current FCF of Bragg Gaming Group? | Bragg Gaming Group's last 12 months FCF is $4M. |
| What is Bragg Gaming Group's FCF margin? | Bragg Gaming Group's last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of Bragg Gaming Group? | Current FCF multiple of Bragg Gaming Group is 14.1x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.