Bragg Gaming (BRAG) Intangibles (2020 - 2025)
Bragg Gaming (BRAG) posted Intangibles of $35.4 million for Q4 2025, up 3.16% on a QoQ basis from $34.3 million in Q3 2025, and down 7.59% year-over-year from $38.3 million in Q4 2024.
Bragg Gaming (BRAG) has 6 years of Intangibles data on file, last reported at $35.4 million in Q4 2025.
- In Q4 2025, Intangibles fell 7.59% year-over-year to $35.4 million; the TTM figure through Dec 2025 stood at $35.4 million (down 7.59% YoY), while the FY2025 annual figure was $34.4 million, down 11.44% from the prior year.
- Intangibles advanced to $35.4 million in Q4 2025, from $34.3 million in the prior quarter.
- Across five years, Intangibles topped out at $50.0 million in Q2 2022 and bottomed at -$6.2 million in Q4 2022.
- A 5-year average of $34.9 million and a median of $36.8 million in 2024 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2021 — Intangibles jumped 795.45% — and 2022, when it slumped 132.86%.
- Year by year, Intangibles stood at $19.0 million in 2021, then slumped by 132.86% to -$6.2 million in 2022, then jumped by 412.29% to $19.5 million in 2023, then surged by 96.81% to $38.3 million in 2024, then retreated by 7.59% to $35.4 million in 2025.
- The last three Intangibles figures came in at $35.4 million (Q4 2025), $34.3 million (Q3 2025), and $35.1 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 6.71 Bn |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 868.06 Mn |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 2.52 Bn |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 78.40 Mn |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | 125.00 Mn |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 181.52 Mn |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | 35.41 Mn |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | 22.80 Mn |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | 10.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 35.41 Mn |
| Sep 30, 2025 | 34.33 Mn |
| Jun 30, 2025 | 35.10 Mn |
| Mar 31, 2025 | 35.25 Mn |
| Dec 31, 2024 | 38.32 Mn |
| Sep 30, 2024 | 38.18 Mn |
| Jun 30, 2024 | 39.65 Mn |
| Mar 31, 2024 | 40.95 Mn |
| Dec 31, 2023 | 19.47 Mn |
| Sep 30, 2023 | 42.90 Mn |
| Jun 30, 2023 | 43.03 Mn |
| Mar 31, 2023 | 43.54 Mn |
| Dec 31, 2022 | -6.23 Mn |
| Sep 30, 2022 | 49.38 Mn |
| Jun 30, 2022 | 49.97 Mn |
| Mar 31, 2022 | 34.67 Mn |
| Dec 31, 2021 | 18.97 Mn |
| Sep 30, 2021 | 34.49 Mn |
| Dec 31, 2020 | -2.73 Mn |