Bragg Gaming Group Inc (BRAG) - Net Assets
Based on the latest financial reports, Bragg Gaming Group Inc (BRAG) has net assets worth CA$64.02 Million CAD (≈ $46.31 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$100.50 Million ≈ $72.70 Million USD) and total liabilities (CA$36.48 Million ≈ $26.39 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Bragg Gaming Group Inc (BRAG) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$64.02 Million |
| % of Total Assets | 63.7% |
| Annual Growth Rate | 26.81% |
| 5-Year Change | 84.22% |
| 10-Year Change | 7449.38% |
| Growth Volatility | 235.97 |
Bragg Gaming Group Inc - Net Assets Trend (2004–2024)
This chart illustrates how Bragg Gaming Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore BRAG current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Bragg Gaming Group Inc (2004–2024)
The table below shows the annual net assets of Bragg Gaming Group Inc from 2004 to 2024. For live valuation and market cap data, see BRAG company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$73.50 Million ≈ $53.17 Million |
+4.63% |
| 2023-12-31 | CA$70.25 Million ≈ $50.82 Million |
+1.03% |
| 2022-12-31 | CA$69.53 Million ≈ $50.30 Million |
+5.04% |
| 2021-12-31 | CA$66.19 Million ≈ $47.88 Million |
+65.91% |
| 2020-12-31 | CA$39.90 Million ≈ $28.86 Million |
+503.04% |
| 2019-12-31 | CA$6.62 Million ≈ $4.79 Million |
-74.31% |
| 2018-12-31 | CA$25.76 Million ≈ $18.63 Million |
+183.61% |
| 2017-12-31 | CA$9.08 Million ≈ $6.57 Million |
+320.76% |
| 2016-12-31 | CA$2.16 Million ≈ $1.56 Million |
+121.69% |
| 2015-12-31 | CA$973.58K ≈ $704.27K |
+288.23% |
| 2014-12-31 | CA$250.77K ≈ $181.40K |
-85.48% |
| 2013-12-31 | CA$1.73 Million ≈ $1.25 Million |
+728.94% |
| 2012-12-31 | CA$208.39K ≈ $150.75K |
+3.31% |
| 2011-12-31 | CA$201.71K ≈ $145.91K |
+161.28% |
| 2010-12-31 | CA$-329.15K ≈ $-238.10K |
-123.64% |
| 2009-12-31 | CA$-147.18K ≈ $-106.47K |
-325.39% |
| 2008-12-31 | CA$65.30K ≈ $47.24K |
-86.53% |
| 2007-12-31 | CA$484.81K ≈ $350.70K |
+5.85% |
| 2006-12-31 | CA$458.00K ≈ $331.31K |
-27.06% |
| 2005-12-31 | CA$627.91K ≈ $454.22K |
-1.21% |
| 2004-12-31 | CA$635.62K ≈ $459.80K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bragg Gaming Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8095519470.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$131.73 Million | 179.23% |
| Other Comprehensive Income | CA$5.30 Million | 7.21% |
| Other Components | CA$17.68 Million | 24.05% |
| Total Equity | CA$73.50 Million | 100.00% |
Bragg Gaming Group Inc Competitors by Market Cap
The table below lists competitors of Bragg Gaming Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Microfriend Inc
KQ:147760
|
$51.18 Million |
|
Sequans Communications SA
NYSE:SQNS
|
$51.19 Million |
|
Mediaco Holding Inc
NASDAQ:MDIA
|
$51.19 Million |
|
MNC Vision Networks PT
JK:IPTV
|
$51.21 Million |
|
Haesung Optics Co. Ltd
KQ:076610
|
$51.17 Million |
|
Orbis AG
XETRA:OBS
|
$51.15 Million |
|
TGI Infrastructures Ltd
TA:TGI
|
$51.14 Million |
|
Xander International
TWO:6118
|
$51.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bragg Gaming Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,247,000 to 73,499,000, a change of 3,252,000 (4.6%).
- Net loss of 5,147,000 reduced equity.
- Share repurchases of 364,000 reduced equity.
- Other comprehensive income increased equity by 2,383,000.
- Other factors increased equity by 6,380,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.15 Million | -7.0% |
| Share Repurchases | CA$364.00K | -0.5% |
| Other Comprehensive Income | CA$2.38 Million | +3.24% |
| Other Changes | CA$6.38 Million | +8.68% |
| Total Change | CA$- | 4.63% |
Book Value vs Market Value Analysis
This analysis compares Bragg Gaming Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.01x to 0.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CA$524.44 | CA$2.78 | x |
| 2005-12-31 | CA$85.77 | CA$2.78 | x |
| 2006-12-31 | CA$62.56 | CA$2.78 | x |
| 2007-12-31 | CA$22.47 | CA$2.78 | x |
| 2008-12-31 | CA$2.03 | CA$2.78 | x |
| 2009-12-31 | CA$-4.21 | CA$2.78 | x |
| 2010-12-31 | CA$-9.41 | CA$2.78 | x |
| 2011-12-31 | CA$3.30 | CA$2.78 | x |
| 2012-12-31 | CA$2.39 | CA$2.78 | x |
| 2013-12-31 | CA$9.69 | CA$2.78 | x |
| 2014-12-31 | CA$0.90 | CA$2.78 | x |
| 2015-12-31 | CA$2.36 | CA$2.78 | x |
| 2016-12-31 | CA$4.37 | CA$2.78 | x |
| 2017-12-31 | CA$3.31 | CA$2.78 | x |
| 2018-12-31 | CA$8.74 | CA$2.78 | x |
| 2019-12-31 | CA$0.91 | CA$2.78 | x |
| 2020-12-31 | CA$4.64 | CA$2.78 | x |
| 2021-12-31 | CA$3.39 | CA$2.78 | x |
| 2022-12-31 | CA$3.25 | CA$2.78 | x |
| 2023-12-31 | CA$3.11 | CA$2.78 | x |
| 2024-12-31 | CA$3.02 | CA$2.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bragg Gaming Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.05%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.45x
- Recent ROE (-7.00%) is above the historical average (-282.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -14.83% | 0.00% | 0.00x | 1.03x | CA$-157.80K |
| 2005 | -12.25% | 0.00% | 0.00x | 1.06x | CA$-139.72K |
| 2006 | -25.71% | -616.03% | 0.04x | 1.05x | CA$-163.55K |
| 2007 | -262.75% | 0.00% | -0.03x | 1.29x | CA$-1.32 Million |
| 2008 | -1397.25% | -316.79% | 1.42x | 3.10x | CA$-918.92K |
| 2009 | 0.00% | -73.93% | 1.31x | 0.00x | CA$-213.69K |
| 2010 | 0.00% | -68.79% | 2.01x | 0.00x | CA$-135.89K |
| 2011 | -975.29% | -1154.10% | 0.51x | 1.66x | CA$-1.99 Million |
| 2012 | -970.35% | -1003.80% | 0.19x | 5.21x | CA$-2.04 Million |
| 2013 | -170.52% | -811.56% | 0.13x | 1.62x | CA$-3.12 Million |
| 2014 | -1141.15% | -221.20% | 0.72x | 7.16x | CA$-2.89 Million |
| 2015 | -337.59% | -372.65% | 0.42x | 2.17x | CA$-3.38 Million |
| 2016 | -131.76% | -367.05% | 0.29x | 1.24x | CA$-3.06 Million |
| 2017 | -153.12% | -204.99% | 0.65x | 1.14x | CA$-14.81 Million |
| 2018 | -111.38% | -244.20% | 0.17x | 2.75x | CA$-31.26 Million |
| 2019 | -156.83% | -39.02% | 0.61x | 6.63x | CA$-11.04 Million |
| 2020 | -36.28% | -31.18% | 0.64x | 1.81x | CA$-18.47 Million |
| 2021 | -11.35% | -12.88% | 0.70x | 1.26x | CA$-14.13 Million |
| 2022 | -5.01% | -4.11% | 0.81x | 1.50x | CA$-10.44 Million |
| 2023 | -5.46% | -4.10% | 0.90x | 1.47x | CA$-10.86 Million |
| 2024 | -7.00% | -5.05% | 0.96x | 1.45x | CA$-12.50 Million |
Industry Comparison
This section compares Bragg Gaming Group Inc's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $10,840,460
- Average return on equity (ROE) among peers: 9.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bragg Gaming Group Inc (BRAG) | CA$64.02 Million | -14.83% | 0.57x | $51.18 Million |
| Jackpot Digital Inc (JJ) | $-8.26 Million | 0.00% | 0.00x | $11.71 Million |
| Pollard Banknote Limited (PBL) | $57.57 Million | 29.15% | 2.97x | $360.08 Million |
| Rivalry Corp (RVLY) | $-16.79 Million | 0.00% | 0.00x | $315.65K |
About Bragg Gaming Group Inc
Bragg Gaming Group Inc. operates as an iGaming content and technology solutions provider serving online and land-based gaming operators with its proprietary and exclusive content. The company offers various games, including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games. Its studios also provide crafted casino game titles using the data… Read more