Bragg Gaming Group Stock

Bragg Gaming Group ROA 2024

Bragg Gaming Group ROA

-0.04

Ticker

BRAG.TO

ISIN

CA1048333068

WKN

A3CMSP

In 2024, Bragg Gaming Group's return on assets (ROA) was -0.04, a 11.33% increase from the -0.03 ROA in the previous year.

Bragg Gaming Group Aktienanalyse

What does Bragg Gaming Group do?

Bragg Gaming Group Inc is a company that operates in the digital gaming and entertainment media industry. The company is the owner and operator of online casinos. The company's history dates back to 2010, when it was founded as a spin-off of Chartwell Technology Inc. Chartwell is a major player in the online gambling market and offers its services worldwide. Bragg Gaming Group Inc's business model is simple and effective. The company is primarily focused on meeting the needs of players. This means that the company offers a wide range of games and services to attract players from around the world. In the offline realm, Bragg Gaming Group started by acquiring surplus slot machines and then offering them in its online casino. The games offered by Bragg Gaming in online casinos are of the highest quality. The game developers working for Bragg have years of experience in this field and are in high demand internationally. Bragg Gaming operates a subsidiary, ORYX, which offers the ORYX Gaming platform, an online gaming solutions platform. ORYX Gaming was founded in 2010 and has since become one of the industry's leading providers. The ORYX platform is used in more than 20 countries worldwide. Bragg Gaming Group also operates the online casinos of Breakout Gaming, another key pillar of the company. Breakout Gaming is an online casino that offers a wide range of games and has an attractive bonus structure. In 2019, Breakout Gaming received nine different licenses from various national authorities. In addition to its online casino activity, Bragg also operates the GiveMeSport platform. This platform is one of the largest for sports news, coverage, and expert opinions. GiveMeSport has an impressive global reach and provides daily content to over 35 million users. Bragg Gaming has also positioned itself in other business areas, offering successful solutions for operating social media channels for sports brands. The company has extensive experience in customer retention and lead generation, thus building a successful customer base beyond the online casino sector. In summary, Bragg Gaming Group Inc is a company that operates in multiple different areas. The company aims to attract customers worldwide and secure a place in the highly competitive online gaming and entertainment media market. With an attractive bonus structure, a wide range of games, and a successful online gaming solutions platform, Bragg Gaming Group is a key player in the online casino market. Through its subsidiary ORYX, the company also offers a platform that is successfully used in more than 20 countries. In addition to its online casino activity, Bragg Gaming also operates one of the largest sports news platforms - GiveMeSport - and has positioned itself in other business areas such as social media channels for sports brands. Bragg Gaming Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Bragg Gaming Group's Return on Assets (ROA)

Bragg Gaming Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Bragg Gaming Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Bragg Gaming Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Bragg Gaming Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Bragg Gaming Group stock

What is the Return on Assets (ROA) of Bragg Gaming Group this year?

The Return on Assets (ROA) of Bragg Gaming Group is -0.04 undefined this year.

What was the ROA of Bragg Gaming Group compared to the previous year?

The ROA of Bragg Gaming Group has increased by 11.33% compared to the previous year.

What consequences do high ROA have for investors of Bragg Gaming Group?

A high ROA is advantageous for investors of Bragg Gaming Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Bragg Gaming Group?

A low ROA can be unfavorable for investors of Bragg Gaming Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Bragg Gaming Group affect the company?

An increase in ROA of Bragg Gaming Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Bragg Gaming Group impact the company?

A reduction in the ROA of Bragg Gaming Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Bragg Gaming Group?

Some factors that can influence the ROA of Bragg Gaming Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Bragg Gaming Group important for investors?

The ROA of Bragg Gaming Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Bragg Gaming Group take to improve ROA?

To improve ROA, Bragg Gaming Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Bragg Gaming Group pay?

Over the past 12 months, Bragg Gaming Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Bragg Gaming Group is expected to pay a dividend of 0 EUR.

What is the dividend yield of Bragg Gaming Group?

The current dividend yield of Bragg Gaming Group is .

When does Bragg Gaming Group pay dividends?

Bragg Gaming Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Bragg Gaming Group?

Bragg Gaming Group paid dividends every year for the past 0 years.

What is the dividend of Bragg Gaming Group?

For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Bragg Gaming Group located?

Bragg Gaming Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Bragg Gaming Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bragg Gaming Group from 12/2/2024 amounting to 0 EUR, you needed to have the stock in your portfolio before the ex-date on 12/2/2024.

When did Bragg Gaming Group pay the last dividend?

The last dividend was paid out on 12/2/2024.

What was the dividend of Bragg Gaming Group in the year 2023?

In the year 2023, Bragg Gaming Group distributed 0 EUR as dividends.

In which currency does Bragg Gaming Group pay out the dividend?

The dividends of Bragg Gaming Group are distributed in EUR.

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Andere Kennzahlen von Bragg Gaming Group

Our stock analysis for Bragg Gaming Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bragg Gaming Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.