Bragg Gaming (BRAG) Intangibles (2020 - 2025)
Bragg Gaming (BRAG) posted quarterly Intangibles of $34.6 million for Q4 2025, down 15.16% year-on-year from $40.8 million in Q4 2024, and up 3.6% on a QoQ basis from $33.4 million in Q3 2025.
Bragg Gaming (BRAG) Intangibles (2020 - 2025) Analysis & Trends
Bragg Gaming (BRAG) has reported Intangibles for 6 consecutive years, with $34.6 million the latest figure, recorded in Q4 2025.
- Quarterly Intangibles fell 15.16% year-over-year to $34.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $34.6 million (down 15.16% YoY) and the FY2025 annual result came in at $34.6 million, down 15.16% from the prior year.
- Intangibles improved to $34.6 million in Q4 2025 per BRAG's latest filing, from $33.4 million in the prior quarter.
- Over the last five years, Intangibles for BRAG reached as high as $55.7 million in Q3 2022 and fell as low as -$2.5 million in Q4 2021.
- A 5-year average of $34.2 million and a median of $38.8 million in 2025 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2021 — Intangibles slumped 144.18% — and 2024, when it jumped 2607.62%.
- Year by year, Intangibles stood at -$2.5 million in 2021, then jumped by 64.04% to -$886466.4 in 2022, then tumbled by 83.57% to -$1.6 million in 2023, then soared by 2607.62% to $40.8 million in 2024, then dropped by 15.16% to $34.6 million in 2025.
- According to Business Quant data, Intangibles over the past three periods registered $34.6 million, $33.4 million, and $35.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 6.71 Bn |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 868.06 Mn |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | 337.00 Mn |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 2.52 Bn |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 78.40 Mn |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 124.00 Mn |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 181.52 Mn |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 22.80 Mn |
| 10 | Bragg Gaming | 40.73 Mn | 33.16 Mn | 17.81 Mn | 34.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 34.62 Mn |
| Sep 30, 2025 | 33.41 Mn |
| Jun 30, 2025 | 35.29 Mn |
| Mar 31, 2025 | 38.13 Mn |
| Dec 31, 2024 | 40.81 Mn |
| Sep 30, 2024 | 39.57 Mn |
| Jun 30, 2024 | 41.90 Mn |
| Mar 31, 2024 | 42.89 Mn |
| Dec 31, 2023 | -1.63 Mn |
| Sep 30, 2023 | 44.85 Mn |
| Jun 30, 2023 | 44.97 Mn |
| Mar 31, 2023 | 46.17 Mn |
| Dec 31, 2022 | -886,466.38 |
| Sep 30, 2022 | 55.73 Mn |
| Jun 30, 2022 | 53.29 Mn |
| Mar 31, 2022 | 35.15 Mn |
| Dec 31, 2021 | -2.46 Mn |
| Sep 30, 2021 | 33.28 Mn |
| Dec 31, 2020 | 5.58 Mn |