Bragg Gaming (BRAG) Change in Intangibles (2021 - 2025)
Bragg Gaming (BRAG) posted quarterly Change in Intangibles of -$5.6 million for Q4 2025, down 26.11% year-on-year from -$7.6 million in Q4 2024, and down 58.03% on a QoQ basis from -$3.6 million in Q3 2025.
Bragg Gaming (BRAG) Change in Intangibles (2021 - 2025) Analysis & Trends
Bragg Gaming (BRAG) has reported Change in Intangibles for 5 consecutive years, with -$5.6 million the latest figure, recorded in Q4 2025.
- Quarterly Change in Intangibles fell 26.11% year-over-year to -$5.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$16.5 million (down 19.67% YoY) and the FY2025 annual result came in at -$16.5 million, down 19.67% from the prior year.
- Change in Intangibles slipped to -$5.6 million in Q4 2025 per BRAG's latest filing, from -$3.6 million in the prior quarter.
- Over the last five years, Change in Intangibles for BRAG reached as high as -$661151.4 in Q1 2021 and fell as low as -$5.6 million in Q4 2025.
- A 5-year average of -$2.7 million and a median of -$3.0 million in 2024 frame the typical range for Change in Intangibles.
- Annual changes were most pronounced in 2022 — Change in Intangibles plunged 262.86% — and 2024, when it declined 6.98%.
- Year by year, Change in Intangibles stood at -$756739.6 in 2021, then tumbled by 262.86% to -$2.7 million in 2022, then fell by 25.69% to -$3.5 million in 2023, then retreated by 29.44% to -$4.5 million in 2024, then dropped by 26.11% to -$5.6 million in 2025.
- According to Business Quant data, Change in Intangibles over the past three periods registered -$5.6 million, -$3.6 million, and -$4.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | - |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | - |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | - |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | - |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | - |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | - |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | - |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | - |
| 10 | Bragg Gaming | 40.73 Mn | 33.16 Mn | 17.81 Mn | -5.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.63 Mn |
| Dec 31, 2025 | -5.63 Mn |
| Sep 30, 2025 | -3.57 Mn |
| Sep 30, 2025 | -3.57 Mn |
| Jun 30, 2025 | -4.02 Mn |
| Jun 30, 2025 | -4.02 Mn |
| Mar 31, 2025 | -3.27 Mn |
| Mar 31, 2025 | -3.27 Mn |
| Dec 31, 2024 | -4.47 Mn |
| Dec 31, 2024 | -4.47 Mn |
| Sep 30, 2024 | -3.22 Mn |
| Sep 30, 2024 | -3.22 Mn |
| Jun 30, 2024 | -3.08 Mn |
| Jun 30, 2024 | -3.08 Mn |
| Mar 31, 2024 | -3.01 Mn |
| Mar 31, 2024 | -3.01 Mn |
| Dec 31, 2023 | -3.45 Mn |
| Dec 31, 2023 | -3.45 Mn |
| Sep 30, 2023 | -3.01 Mn |
| Sep 30, 2023 | -3.01 Mn |