Bragg Gaming (BRAG) Change in Intangibles (2021 - 2025)
Bragg Gaming (BRAG) posted Change in Intangibles of -$5.8 million for Q4 2025, down 57.35% sequentially from -$3.7 million in Q3 2025, and down 37.37% YoY from -$9.2 million in Q4 2024.
Bragg Gaming (BRAG) Change in Intangibles (2021 - 2025) Analysis & Trends
Bragg Gaming has reported Change in Intangibles for 5 years, with the latest figure at -$5.8 million in Q4 2025.
- Quarterly Change in Intangibles fell 37.37% year-over-year to -$5.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$16.4 million (down 25.63% YoY) and the FY2025 annual result came in at -$16.4 million, down 24.92% from the prior year.
- Change in Intangibles declined to -$5.8 million in Q4 2025 per BRAG's latest filing, from -$3.7 million in the prior quarter.
- Over five years, Change in Intangibles peaked at -$700823.2 in Q1 2021 and troughed at -$5.8 million in Q4 2025.
- A 5-year average of -$2.6 million and a median of -$2.9 million in 2024 frame the typical range for Change in Intangibles.
- The sharpest annual moves came in 2022 and 2025: Change in Intangibles tumbled 210.24% in 2022, then declined 5.37% in 2025.
- Over 5 years, 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 fell by 28.56% to -$4.2 million in 2024, then plunged by 37.37% to -$5.8 million in 2025.
- According to Business Quant data, Change in Intangibles over the past three periods registered -$5.8 million, -$3.7 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 | Flutter Entertainment | 17.95 Bn | 16.39 Bn | 1.71 Bn | - |
| 2 | DraftKings | 12.99 Bn | 12.00 Bn | 551.45 Mn | - |
| 3 | Super Group (SGHC) | 6.71 Bn | 6.29 Bn | - | - |
| 4 | Churchill Downs | 6.57 Bn | 6.37 Bn | 712.00 Mn | - |
| 5 | Rush Street Interactive | 2.84 Bn | 2.50 Bn | 139.66 Mn | - |
| 6 | Brightstar Lottery | 2.25 Bn | 980.32 Mn | 297.00 Mn | - |
| 7 | Accel Entertainment | 987.75 Mn | 732.30 Mn | 115.51 Mn | - |
| 8 | Codere Online Luxembourg | 415.46 Mn | 346.04 Mn | - | - |
| 9 | Inspired Entertainment | 175.48 Mn | 151.08 Mn | 52.10 Mn | - |
| 10 | Bragg Gaming | 38.14 Mn | 34.30 Mn | 16.54 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 |