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Bragg Gaming Group Announces Record Fourth Quarter 2024 Revenue of EUR 27.2 Million (USD 28.8 Million) and Full Year Revenue of EUR 102.0 Million (USD 108.1 Million)

1. Bragg reported record revenue of €27.2 million, a 16.3% increase. 2. Gross profit rose 30.9%, enhancing profit margin to 58%.

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FAQ

Why Very Bullish?

Record revenue and gross profit reflect strong performance, potentially attracting investor interest. Historically, similar earnings growth has led to stock price increases in tech firms.

How important is it?

Strong quarterly results can significantly influence stock performance and investor sentiment.

Why Short Term?

Immediate investor reaction expected following positive earnings report, typical in quarterly results.

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GTBIFCJGI
TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or the "Company"), a global B2B content and technology solutions provider to the iGaming industry, today reported record revenue for the fourth quarter and full year of 2024.     Summary of Financial and Operational Highlights                     Euros (millions)(1)   4Q24   4Q23   Change   Revenue   € 27.2   € 23.4   16.3 % Gross profit   € 15.8   € 12.0   30.9 % Gross profit margin     58.0 %   51.5 % 650 bps Adju.

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