Annabelle Stephenson
Bragg Gaming Group recently unveiled its financial performance for the fourth quarter, demonstrating a shift in profits compared to the prior year. While the company faced a decrease in profits, experiencing an operational loss of 0.4 million euros, it is gearing up for significant growth in the coming year.
Adjusted EBITDA margins declined by 350 basis points to 11.9 percent, with gross profits also seeing a reduction. Despite this, the company anticipates a substantial revenue surge of 9.1 to 16.6 percent in fiscal year 2024, with projected revenues ranging from 102 million euros to 109 million euros. Additionally, adjusted EBITDA is expected to grow by 21.7 percent, reaching 15.2 to 18.5 million euros.
In a surprising move, Bragg Gaming Group announced the establishment of a special ad hoc committee by its Board of Directors to explore strategic alternatives. These could include a potential sale of the company, mergers, financing options, or further acquisitions, among others. The timeline for this review process remains undetermined.
For more comprehensive information about the financial performance of Bragg Gaming Group Inc. and other companies, individuals can access detailed insights on the rttnews.com website.
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ЧАВО (Часто задаваемые вопросы)
Что такое EBITDA?
EBITDA означает доход перед уплатой процентов, налогов, амортизации и амортизации. Это показатель операционной эффективности и прибыльности компании.
Что такое скорректированные EBITDA-маржи?
Скорректированные EBITDA-маржи указывают на процент скорректированной EBITDA к общим доходам, обеспечивая понимание операционной эффективности компании.
The source of the article is from the blog xn--campiahoy-p6a.es
