Driven by 54.6% growth from non-German customers, Bragg’s Q319 revenues grew by 29.5% to C$10.0m. The core Oryx business is cash generative, leading to positive group EBITDA and a strong international pipeline bodes well for continued double-digit revenue growth. In particular, Oryx has recently signed two significant partnership deals in the US with Kambi and Seneca, which provides considerable credibility. We are leaving our forecasts broadly unchanged, with any US upside not currentl
12 Nov 2019
Bragg Gaming Group - Double-digit growth continues
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Bragg Gaming Group - Double-digit growth continues
Bragg Gaming Group Inc. (BRAG:TSE) | 0 0 0.0%
- Published:
12 Nov 2019 -
Author:
Victoria Pease -
Pages:
3
Driven by 54.6% growth from non-German customers, Bragg’s Q319 revenues grew by 29.5% to C$10.0m. The core Oryx business is cash generative, leading to positive group EBITDA and a strong international pipeline bodes well for continued double-digit revenue growth. In particular, Oryx has recently signed two significant partnership deals in the US with Kambi and Seneca, which provides considerable credibility. We are leaving our forecasts broadly unchanged, with any US upside not currentl