Bragg Gaming Targets Double-Digit Growth in 2025, Eyes M&A Strategy
Bragg Gaming Group has projected double-digit revenue growth for 2025 and plans to pursue strategic mergers and acquisitions (M&A) to drive further progress. On December 10, CEO Matevž Mazij shared that the company is committed to enhancing shareholder value and liquidity through strategic transactions and other value-boosting initiatives over the next year.
This update follows a recent strategic review, where Bragg initially considered various alternatives, such as asset sales, mergers, or acquisitions, after mixed results in the previous fiscal quarter. However, the company decided to wait to make immediate changes. Mazij emphasized that although the formal review process has concluded, Bragg remains focused on key growth areas like stronger cash generation, revenue diversification, proprietary content expansion, and improved margins.
Additionally, Bragg revealed significant insider stock purchases, reflecting management’s confidence in the company’s undervalued shares. The company also reaffirmed its expectation for revenue growth, higher profit margins, and increased operational leverage in 2025, with formal guidance to be issued early in the year.