Growth Metrics

Bragg Gaming (BRAG) Equity Ratio (2020 - 2025)

Bragg Gaming (BRAG) posted Equity Ratio of 0.63 for Q4 2025, down 8.47% on a QoQ basis from 0.69 in Q4 2024, and down 8.47% year-over-year from 0.69 in Q4 2024.

Bragg Gaming (BRAG) has 6 years of Equity Ratio data on file, last reported at 0.63 in Q4 2025.

  • In Q4 2025, Equity Ratio fell 8.47% year-over-year to 0.63; the TTM figure through Dec 2025 stood at 0.63 (down 8.47% YoY), while the FY2025 annual figure was 0.63, down 8.47% from the prior year.
  • Equity Ratio slipped to 0.63 in Q4 2025, from 0.69 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.79 in Q4 2021 and bottomed at 0.63 in Q4 2025.
  • A 5-year average of 0.69 and a median of 0.68 in 2023 frame the typical range for Equity Ratio.
  • Annual changes were most pronounced in 2021 — Equity Ratio jumped 43.44% — and 2022, when it slipped 16.09%.
  • Year by year, Equity Ratio stood at 0.79 in 2021, then slipped by 16.09% to 0.67 in 2022, then advanced by 2.02% to 0.68 in 2023, then climbed by 1.46% to 0.69 in 2024, then retreated by 8.47% to 0.63 in 2025.
  • The last three Equity Ratio figures came in at 0.63 (Q4 2025), 0.69 (Q4 2024), and 0.68 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Flutter Entertainment 18.39 Bn 17.30 Bn 1.84 Bn 0.33
2 DraftKings 13.23 Bn 12.22 Bn 696.69 Mn 0.14
3 Churchill Downs 6.28 Bn 6.13 Bn 475.00 Mn 0.15
4 Rush Street Interactive 2.60 Bn 2.43 Bn 132.17 Mn 0.23
5 Brightstar Lottery 2.28 Bn 2.94 Bn - 0.17
6 Accel Entertainment 1.01 Bn 735.58 Mn 109.94 Mn 0.25
7 Codere Online Luxembourg 490.38 Mn 420.96 Mn - 0.35
8 Bragg Gaming 269.74 Mn 261.99 Mn 18.22 Mn 0.63
9 Inspired Entertainment 233.43 Mn 189.93 Mn 54.60 Mn -0.03
10 High Roller Technologies 45.23 Mn 42.56 Mn - 0.52

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 0.63
Dec 31, 2024 0.69
Dec 31, 2023 0.68
Dec 31, 2022 0.67
Dec 31, 2021 0.79
Dec 31, 2020 0.55