Prospects for Bragg Gaming Group: Exciting Financial Projections for 2024
Bragg Gaming Group has recently unveiled its financial outcomes for the fourth quarter, revealing a shift in profitability compared to the previous year. While the company faced an operational loss of 0.4 million euros, indicating a substantial change from the 0.2 million euro profit in the previous year, the EBITDA income surged to 3.33 million euros from 2.68 million euros.
In a departure from the original article’s quotations, it is evident that the company experienced adjusted EBITDA margins declining by 350 basis points to 11.9 percent, and a decrease of 7.3 percent in gross profit to 12.0 million euros. Moreover, revenues also witnessed a dip of 1.4 percent to 23.36 million euros compared to the previous year’s 23.68 million euros, primarily influenced by revised commercial terms with a key strategic partner.
Looking towards the fiscal year 2024, Bragg Gaming Group is poised for substantial revenue growth, with projections indicating an increase between 9.1 to 16.6 percent, leading to expected revenues ranging between 102 million euros to 109 million euros. The company is also optimistic about the adjusted EBITDA growth, aiming for a 21.7 percent increase, hovering between 15.2 million euros to 18.5 million euros.
In a surprising announcement, the company’s Board of Directors has established a special ad hoc committee to explore diverse strategic alternatives, which may include selling the company or its assets, merging with other entities, considering financing options, pursuing additional acquisitions, or exploring alternative strategic pathways. The definitive timeline for completing this strategic review process remains pending.
For a comprehensive examination of Bragg Gaming Group Inc.’s financial performance and that of other enterprises, interested individuals can access detailed information on the rttnews.com website.
سوالات متداول (FAQ)
EBITDA چیست؟
EBITDA مخفف عبارت Earnings Before Interest, Taxes, Depreciation, and Amortization است. این معیاری از عملکرد و سودآوری عملیاتی شرکت است.
مرزهای تعدیل شده EBITDA چیست؟
مرزهای تعدیل شده EBITDA به نسبت درصدی EBITDA تعدیل شده به درآمد کل اطلاعاتی ارائه میدهد که درباره کارایی عملیاتی یک شرکت است.
The source of the article is from the blog xn--campiahoy-p6a.es