Bragg Gaming (BRAG) Change in Working Capital (2020 - 2025)
Bragg Gaming (BRAG) posted quarterly Change in Working Capital of -$16.5 million for Q4 2025, down 124.3% year-on-year from $68.0 million in Q4 2024, and down 457.97% on a QoQ basis from $4.6 million in Q3 2025.
Bragg Gaming (BRAG) Change in Working Capital (2020 - 2025) Analysis & Trends
Bragg Gaming (BRAG) has reported Change in Working Capital for 6 consecutive years, with -$16.5 million the latest figure, recorded in Q4 2025.
- Quarterly Change in Working Capital fell 124.3% year-over-year to -$16.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$3.7 million (down 183.9% YoY) and the FY2025 annual result came in at -$3.7 million, down 183.9% from the prior year.
- Change in Working Capital retreated to -$16.5 million in Q4 2025 per BRAG's latest filing, from $4.6 million in the prior quarter.
- Over the last five years, Change in Working Capital for BRAG reached as high as $4.7 million in Q2 2023 and fell as low as -$16.5 million in Q4 2025.
- A 5-year average of $351684.8 and a median of $2.6 million in 2022 frame the typical range for Change in Working Capital.
- The largest YoY upside for Change in Working Capital was 1308.44% in 2022 against a maximum downside of 1714.29% in 2022.
- Year by year, Change in Working Capital stood at $159313.6 in 2021, then tumbled by 1714.29% to -$2.6 million in 2022, then slumped by 384.82% to -$12.5 million in 2023, then soared by 40.88% to -$7.4 million in 2024, then tumbled by 124.3% to -$16.5 million in 2025.
- According to Business Quant data, Change in Working Capital over the past three periods registered -$16.5 million, $4.6 million, and $3.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (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 | -11.00 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 | -16.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -16.53 Mn |
| Dec 31, 2025 | -16.53 Mn |
| Sep 30, 2025 | 4.62 Mn |
| Sep 30, 2025 | 4.62 Mn |
| Jun 30, 2025 | 3.69 Mn |
| Jun 30, 2025 | 3.69 Mn |
| Mar 31, 2025 | 4.56 Mn |
| Mar 31, 2025 | 4.56 Mn |
| Dec 31, 2024 | -7.37 Mn |
| Dec 31, 2024 | -7.37 Mn |
| Sep 30, 2024 | 4.14 Mn |
| Sep 30, 2024 | 4.14 Mn |
| Jun 30, 2024 | 3.55 Mn |
| Jun 30, 2024 | 3.55 Mn |
| Mar 31, 2024 | 4.05 Mn |
| Mar 31, 2024 | 4.05 Mn |
| Dec 31, 2023 | -12.47 Mn |
| Dec 31, 2023 | -12.47 Mn |
| Sep 30, 2023 | 3.92 Mn |
| Sep 30, 2023 | 3.92 Mn |