Aniss Gamassi's questions to Bragg Gaming Group (BRAG) leadership • Q1 2025
Question
Asked for the basis of the company's confidence in its 2025 guidance, which implies a significant growth step-up. Also questioned the margin difference between proprietary and aggregated content and the potential for more bespoke content deals like the one with Caesars.
Answer
Confidence in the guidance is based on typical Q1 seasonality, strong growth trajectories in the U.S. and Brazil, a solid pipeline, and favorable regulatory trends in Europe. The margin difference is stark: 100% gross profit for proprietary content versus 9-12% for aggregated. The company confirmed it is actively pursuing more bespoke content deals.