Bragg - Hidden Champion mit 18mio CAD MK
Charttechnisch sieht es hier nun mega-spannend aus. Wird die 0,40 CAD (bzw. ca. 0,25 EUR) überwunden dürfte es unter Umständen ziemlich rasant werden....
Die Zahlen für das 1. Q 2020 sollen wohl nächste Woche um den 30.06.2020 rum kommen.
Bragg Gaming Group Achieves 44 Per Cent Revenue Growth in the First Quarter
Global Gaming Group Continues Strong Upward Revenue and Adjusted EBITDA Trajectory into 2020
TORONTO, June 30, 2020 (GLOBE NEWSWIRE) -- Bragg Gaming Group Inc. (TSXV: BRAG, OTC: BRGGF) (“Bragg”, the “Group” or the “Company”) today released its financial results for the three-months ended March 31, 2020. Bragg is pleased to announce that the Company continued its strong upward revenue and Adjusted EBITDA* growth trajectory over the quarter, achieving 44 per cent revenue growth year-over-year and 100 per cent Adjusted EBITDA growth year-over-year.
Continued focus on revenue diversification contributed to Bragg’s robust results, including the signing of new agreements with nine leading industry companies, including Gamesys Group, SkillOnNet, Leon, CasinoSecret and Hub88. The Company is also in advanced discussions with an additional 20 potential new customers in licensed jurisdictions in Europe and Latin America.
“We’re very pleased that we’ve been able to build on the strong trajectory that we achieved in 2019,” said Dominic Mansour, CEO of Bragg. “We’ve continued to emphasize revenue diversification and have delivered strong growth across our operators, with the introduction of new features and functionality on our platforms. We have continually improved our content pipeline and have signed multiple new customers globally.”
While acknowledging the widespread adverse impact of the global COVID-19 pandemic on people and businesses globally, Bragg’s business has experienced a significant increase in revenue, as people chose to seek safe entertainment alternatives they can enjoy in their own homes.
“We’ve also focused on expanding our presence in the burgeoning U.S. gaming market,” Mr. Mansour noted. “We established a foothold there last year with our Kambi and Seneca partnership and are now evaluating opportunities to expand further.”
First Quarter 2020 Highlights and Business Advancements
Group revenue of €8.8m (C$13.6 million†) vs €6.1m (C$9.4 million) in Q1 of 2019, representing 44 per cent growth year on year
Group Adjusted EBITDA of €0.8m (C$1.2 million), representing 100 per cent growth over Q1 of 2019
Successful launch of multiple new operators including Croatian-based Admiral Group, Betcris, SkillOnNet, and LottoLand
Decreased dependence on revenue from German-facing operators with Schleswig-Holstein licenses; this revenue decreased to 30 per cent of total revenues vs 46 per cent in Q1 of 2019, demonstrating the underlying success of the Group’s diversification efforts and international growth initiatives.
Second Quarter 2020 trading update and full year 2020 Financial Guidance
The Group’s financial outperformance continued into the second quarter of 2020 with revenue expected to be up by circa 30 per cent from the previous quarter. As a result, the management is confident with its financial guidance for 2020 which remains unchanged. Bragg forecasts revenue for 2020 to be in the range of €35m (C$53.9 million) to €38m (C$58.5 million) (versus actual 2019 revenue of €26.6 million (C$41.0 million)), an increase of up to 43 per cent versus 2019, with Adjusted EBITDA for 2020 in the range of €5.2m to €5.6m (C$ 8.0 million – 8.6 million) (versus actual 2019 Adjusted EBITDA of €1.2m (C$1.8 million)), which would represent a larger increase due to increased margins as the Company continues to scale, and exceptional performance in topline revenue resulting from a combination of existing customer growth and new customer contribution.
First Quarter 2020 Conference Call Information
Dominic Mansour will host the conference call along with Ronen Kannor, Bragg’s Chief Financial Officer, and Yaniv Spielberg, Bragg's Chief Strategy Officer. The conference call is scheduled to take place on June 30, 2020, at 8:30 a.m. Eastern Time.
To join the call, please use the below dial-in information:
US/Canada: +1 270 215 9892
US/Canada (toll-free): +1 866 997 6681
UK: 0 2031070289 or 0 8000288438
Passcode: 5879298
https://web.tmxmoney.com/...ewsid=5284654842146396&qm_symbol=BRAG
Damit bleibe ich bei meiner Einschätzung von Mitte April: Ziel ist mind. 1 CAD, dann läge das KGV bei ca. 10.
Und wichtig, dass zu den Q1-Zahlen nicht abverkauft wurde (sell on good news) sondern es unter hohem Volumen hoch ging +15%. Und gestern weiter hoch.
Ich rechne mit einem charttechnischen Rücksetzer, bevor es dann wohl weiter hoch geht. Hier ist noch viel Luft nach oben....
Bragg hat noch nicht mal einen Termin für die Veröffentlichung der Q2-Zahlen genannt.
Die Q1-Zahlen waren auch schon klasse. der Aktienkurs war auch angesprungen, aber wie über die letzten vielen Monate auch schon, hat Anonymous auf der Seller-Seite den Kurs wieder gedrückt.
Zumindest scheint sich bei 0,40 CAD ein Boden auszubilden.
D.h. in Kanada muss es heute mindestens 15% hoch gehen, damit diejenigen, die in D heute zu 0,32 EUR gekauft haben, nicht sofort im Minus sind. Und da ich heute nicht unbedingt mit kurstreibenden News rechne, dürfte ein 15%-Anstieg schwieirg werden....
Der Kurs in Kanada muss also schon 19% steiegn um pari herzustellen. Erschwert wird das noch durch den kanadischen Dollar, der aktuell ggü dem EURO verliert.
Wer also in D heute im Hoch gekauft hat ist jetzt schonmal gute 18-20% im Minus.
Mehr muss ich dazu nicht sagen....
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Hello David,
I wanted to make sure you were aware of the latest from Bragg:
Bragg announced that gaming industry veteran and former SB Tech CEO Richard Carter has been appointed to the Board of Directors of the Company as the non-executive Chair.
Richard was heavily involved in the merger between SB Tech and Draft Kings and will advise and provide support to Interim Chief Executive Officer Adam Arviv on developing a global strategy focused on partnerships with best-in-class brands, continued growth of their organic business and consideration of all accretive M&A opportunities.
In addition, Bragg announced an extension and restructuring of the earn-out payment due to the Oryx vendor, reaffirming the Oryxs vendor commitment to Braggs future.
For full details, including commentary from Bragg CEO Adam Arviv and Richard Carter: https://www.bragg.games/press-releases-1/2020/9/...ip-of-bragg-gaming
Once you have reviewed, please reach out so we can book a time to discuss further.
Thanks,
Tim Dawson
Investor Relations
Exchange Tower
130 King St W, Suite 1968, Toronto, ON"
Kurs sehr freundlich.
Es könnte ein netter Ausbruch bevor stehen.
Auch bei BRAGG sieht man, dass sich Geduld auszahlt. Viele ups and downs, aber die Grundrichtung ist positiv.