Bragg Gaming (BRAG) Change in Intangibles (2021 - 2025)
Bragg Gaming's (BRAG) quarterly Change in Intangibles came in at -$5.8 million in Q4 2025, down 37.37% year-on-year from -$9.2 million in Q4 2024, and down 57.35% quarter-over-quarter from -$3.7 million in Q3 2025.
Bragg Gaming (BRAG) Change in Intangibles (2021 - 2025) Analysis & Trends
Bragg Gaming has disclosed Change in Intangibles across 5 years of filings, most recently posting -$5.8 million for Q4 2025.
- Change in Intangibles for Q4 2025 came in at -$5.8 million, down 37.37% year-over-year; the trailing twelve-month figure through Dec 2025 was -$16.4 million (down 25.63% YoY), and the FY2025 annual result was -$16.4 million, down 24.92% from the prior year.
- Change in Intangibles came in at -$5.8 million for Q4 2025 at Bragg Gaming, down from -$3.7 million in the prior quarter.
- In the past five years, Change in Intangibles ranged from a high of -$700823.2 in Q1 2021 to a low of -$5.8 million in Q4 2025.
- The 5-year median for Change in Intangibles is -$2.9 million (2024), against an average of -$2.6 million.
- Across the five-year window, Change in Intangibles tumbled 210.24% in 2022 and slipped 5.37% in 2025, its largest moves.
- Bragg Gaming's Change in Intangibles stood at -$784226.1 in 2021, then sank by 210.24% to -$2.4 million in 2022, then sank by 34.13% to -$3.3 million in 2023, then dropped by 28.56% to -$4.2 million in 2024, then plunged by 37.37% to -$5.8 million in 2025.
- The last three Change in Intangibles figures came in at -$5.8 million (Q4 2025), -$3.7 million (Q3 2025), and -$4.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 32.00 Mn |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | - |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | - |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 285,000.00 |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | - |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | - |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | -5.76 Mn |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | - |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.76 Mn |
| Dec 31, 2025 | -5.76 Mn |
| Sep 30, 2025 | -3.66 Mn |
| Sep 30, 2025 | -3.66 Mn |
| Jun 30, 2025 | -4.00 Mn |
| Jun 30, 2025 | -4.00 Mn |
| Mar 31, 2025 | -3.02 Mn |
| Mar 31, 2025 | -3.02 Mn |
| Dec 31, 2024 | -4.20 Mn |
| Dec 31, 2024 | -4.20 Mn |
| Sep 30, 2024 | -3.11 Mn |
| Sep 30, 2024 | -3.11 Mn |
| Jun 30, 2024 | -2.92 Mn |
| Jun 30, 2024 | -2.92 Mn |
| Mar 31, 2024 | -2.87 Mn |
| Mar 31, 2024 | -2.87 Mn |
| Dec 31, 2023 | -3.26 Mn |
| Dec 31, 2023 | -3.26 Mn |
| Sep 30, 2023 | -2.88 Mn |
| Sep 30, 2023 | -2.88 Mn |