SlideShare a Scribd company logo
1 of 26
Download to read offline
1
Third Quarter 2021 Results Presentation
November 2021
2
Forward Looking Statements
This presentation contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") which are based upon Bragg Gaming Group Inc.'s (the "Bragg") current internal
expectations, estimates, projections, assumptions and beliefs which are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond Bragg's control and many of
which are subject to change. Such forward-looking information may include information regarding Bragg's financial position, business strategy, growth strategies, the status of currently planned acquisitions, addressable markets,
budgets, operations, financial results, financial targets and expansion plans. In some cases, such statements can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "will", "should", "would",
"intend", or "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of
strategy. Forward-looking statements include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of historical fact.
Although Bragg believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Bragg is unable to guarantee future results, levels of
activity, performance or achievements and investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. Moreover, neither Bragg nor any other person assumes responsibility for the
outcome of the forward-looking statements. Many of the risks and other factors which could cause results to differ materially from those expressed in the forward-looking statements contained in this presentation are beyond the
control of Bragg. The risks and other factors include, but are not limited to: regulatory landscape and potential regulatory changes in significant jurisdictions in which Bragg operates or plans to operate; concentrated customer base
accounts for significant portion of revenues of Bragg; the impact of regulatory changes in Germany on July 1, 2021; competition and changes in the competitive landscape; reliance on top customers and key personnel and employees;
the completion of strategic acquisitions by Bragg and management of growth; reliance on strategic alliances and relationships with third party network infrastructure developers, key suppliers, and service platform vendors; new
business areas and geographic markets; legal status of real-money gaming and changes to and interpretations of laws and regulations; intrusion or other security breaches, cyberattacks, or cybercrime; the costs and potential impact
of obtaining all necessary regulatory approvals, and complying with existing and proposed laws in a heavily regulated industry; the plans, costs, and timing for future research and development of Bragg's current and future
technologies, including additional platforms; deriving revenue from players located in jurisdictions in which Bragg does not hold a license, and the impact of customers' operations in unregulated or prohibited jurisdictions; projections
of market prices and costs; expected revenues and the ability to attain profitability; expectations regarding the ability to raise capital on acceptable terms; access to payment processors and currency, exchange and interest rates;
Bragg's management and protection of intellectual property and other proprietary rights; changes in, or in the interpretation of, legislation with respect to Bragg's tax liabilities and changes in taxation regimes; prices and price volatility
of Bragg's products; money laundering and fraudulent activity; disruptions to markets, economic activity, financing, and supply chains, and a deterioration of general economic conditions including a possible national or global
recession and risks related to COVID-19. Readers are cautioned that the foregoing list of such risks and factors is not exhaustive and that additional information on these and other factors that could affect the Company's operations or
financial results are contained in Bragg's documents filed under its profile at www.sedar.com, including Bragg's Annual Information Form for the year ended December 30, 2020 and Management's Discussion and Analysis for each of
the year ended December 30, 2020 and the three-month period ended September 30, 2021 (the "Annual MD&A" and "Interim MD&A", respectively).
The forward-looking statements set forth herein reflect Bragg's expectations as at the date of this presentation and is subject to change after such date. Bragg disclaims any intention or obligation to update or revise any forward-
looking statements, whether as a result of new information, future events or otherwise, other than as required by law. Forward-looking information and other information contained herein concerning management's general
expectations concerning the gaming industry are based on estimates prepared by management using data from publicly available industry sources as well as from market research and industry analysis and on assumptions based on
data and knowledge of this industry which management believes to be reasonable. However, this data is inherently imprecise, although generally indicative of relative market positions, market shares and performance characteristics.
While management is not aware of any misstatements regarding any industry data presented herein, industry data is subject to change based on various factors.
Non-IFRS Measures
This presentation makes reference to certain non-IFRS measures, including Adjusted EBITDA and EBITDA. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are
therefore not necessarily comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our
results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. These non-IFRS measures and
metrics are used to provide investors with supplemental measures of Bragg's operating performance and liquidity and thus highlight trends in our business that may not otherwise be apparent when relying solely on IFRS measures.
Bragg also believes that securities analysts, investors and other interested parties frequently use non-IFRS measures, including industry metrics, in the evaluation of companies in our industry. Management also uses non-IFRS
measures and industry metrics in order to facilitate operating performance comparisons from period to period, the preparation of annual operating budgets and forecasts and to determine components of executive compensation. See
related disclosure in Bragg's Annual MD&A (including under the heading "Limitations of Key Metrics and Other Data") and Interim MD&A (including under the headings "Management Discussion & Analysis", "Selected Interim
Information" and "Limitations Of Key Metrics And Other Data").
3
Q3 2021
• Operational and Strategic Highlights
• Business Performance
• Content Strategy
• Licensing and New Markets
• Updated Guidance
• Financials
• Outlook and Conclusion
Table of Contents
4
Operational and
Strategic Highlights
5
Key Takeaways
A Strong Third Quarter, New Markets Entered, New Customers Launched, Further Growth Ahead
• Q3 2021 revenue rises 9.9% to €12.9 million compared to Q3 2020
• Full year 2021 revenue guidance updated to €55-56 million; FY 2021 Adjusted EBITDA guidance updated to €6.6-6.8 million
• Full year 2022 revenue guidance updated to €59-61 million; FY 2022 Adjusted EBITDA guidance given at €6 -7 million
Third Quarter Revenue Strong Performance
• Bragg launches in new markets, with a license obtained in Greece, plus entry to the new regulated market in the Netherlands
• Key new deal with Playtech; launches with Holland Casino and BetCity.nl in the Netherlands and Novibet in Greece
• Bragg lists its common shares on the Nasdaq Global Select Market under the stock symbol BRAG
Key Business Updates for the Second Half of 2021
• Product showcased on the road at iGB Live! In Amsterdam and at the Global Gaming Expo (G2E) in Las Vegas
• License applications in key markets in Europe and North America including the UK, New Jersey, Pennsylvania, Michigan and Ontario.
• Content partnership deal announced with land-based slots studio Bluberi, with global online distribution rights
Product Strategy Roll-out, New Markets, New Content Partnership
1: H2 Gambling Capital, May 2021.
6
Business
Performance
7
1.9
0.7
7.0
9.6
4.4
0.9
7.5
12.9
- 5.0 10.0 15.0
DEnon-reucrring
Wild Streak
Continuing
Total
Actual Q3/21 ExpectedQ3/21
Underlying Q3 2021 Business Performance Ahead of Expectations
Q3 SAW THE LAYING OF FOUNDATIONS TO DRIVE A SIGNIFCANT ACCELERATION IN GROWTH
34% or €3.2m ahead
of group expectations
22% or €0.2m ahead
of group expectations
€2.5m ahead
of group expectations
7% of €0.5m ahead
of group expectations
Total Q3 2021 revenue performance and underlying
revenue (excluding non-recurring German revenue) was
ahead of company expectations
‣ Q3 2021 revenue was ahead of our expectations by €3.2m
‣ € 2.5m from non-recurring Germany as companies transitioned
out of the market
‣ € 0.5m from a stronger than expected start from new launches
and several core existing clients
‣ €0.2m from a better-than-expected underlying online content
royalty performance
‣ Q3 2021 recurring regulated German was in-line with our
expectations at €1.6m of revenue
‣ Q3 2021 revenue on underlying basis excluding
non-recurring Germany was €8.4m; 9% ahead of our
expectations
‣ Strong underlying performance creates strong
momentum into Q4 2021
Bragg Q3 2021 reported revenue was 34% above management expectations
8
6.0
12.9
1.9
12.9
-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
Total excluding Germany Germany Reported revenue
Q1-21 Q2-21 Q3-21 Q4-21 implied by guidance
Q4 run rate revenue materially
ahead of previous company
expectations
‣ New 2021 business has
accelerated into Q4 driven by
new market launches, client
wins and ramping up operations
launched earlier in the year
‣ Existing client revenue has also
seen a marked step up in
growth in October by more than
30% on the previous month
‣ Underlying revenue excluding
Germany based on new group
guidance for FY2021 implies
over 60% Q4/21 on Q3/21
revenue growth
‣ New business pipeline, new
market entry and more focused
sales helps offset German
regulatory changes
Bragg Revenue Split including Germany Q1 - Q4 2021 (€ millions)
6.9
11.0
New
Business
New Business
Q3’21: €1.8 million
Q4’21: €4.6 million
61% growth Q4/Q3
Underlying Business Performance to Accelerate
into Q4 & Beyond
9
Content
Strategy
10
Content Strategy
New group content strategy showcased at iGB Live! In
Amsterdam (Sep 28-30) and the Global Gaming Expo
(G2E) in Las Vegas (Oct 5-7)
‣ Meetings with multiple operators to present new content
strategy, covering product strategy, analytics, game
segmentation, technology tools and content partners
‣ G2E feedback from U.S. operators very positive with
interest in content and technology, eg Wild Streak land-
based titles coming online backed by FUZE™ player
engagement
‣ Content pipeline will diversify as we grow in new markets
for Bragg in Europe and North America. Mix of internal
studios as well as new content partners on the horizon
New Content Strategy Outlined Meeting Customers at Industry Events
11
Bluberi: Exclusive New Content Partner
Global online distribution rights secured for Bluberi’s catalog of popular slot games
Bluberi is an established land-based casino gaming
content provider established in Canada over 25 years ago
and based in Las Vegas.
‣ Popular Bluberi titles to be adapted for the online market
by studio teams led by Bragg’s Group Director of Content,
Doug Fallon
‣ Exclusive global online distribution rights secured by
Bragg in the five-year licensing deal
‣ Covers over 100 popular game titles, including Colossal
Dragons and Waves of Fortune
‣ Deal allows for increasingly in-demand
OnmiChannel distribution
Bluberi Overview Over 100 Slots Titles
BLUBERI TO ENHANCE BRAGG‘S EXLCUSIVE AND LOCALIZED CONTENT PORTFOLIO
12
Continued Online Growth for Wild Streak
ONLINE REVENUE GROWTH OUTPACES LAND BASED REVENUE GROWTH
-
100
200
300
400
500
600
700
800
900
1,000
Q320 Q420 Q121 Q221 Q321
€
000's
Land-Based Revenue Online Revenue AdjustedEBITDA
28%
Online Revenue Growth
2021 Q2-Q3
Wild Streak Revenue: Land-based v Online, Q3 2020 – Q3 2021
Significant growth in online revenue
between Q3 2020 and Q3 2021, with
further expansion opportunities:
‣ With nine games live online as at end
Q3 2021
‣ Strong pipeline of new games
‣ Live in two states in the U.S., New Jersey &
Michigan
‣ Opportunity for further growth in
additional regulated U.S. states and other
markets
‣ Large additional distribution network
available via ORYX RGS
‣ Opportunity to improve performance using
FUZE™ Player Engagement tools
13
‣ Four online slots titles launched in 2021
with Pragmatic Play
‣ Proof of Wild Streak slots’ stickiness
‣ Big Juan released November 4
‣ Five further Wild Streak titles expected to be
distributed by Pragmatic Play in 2022
Wild Streak All-Time High for Q3 in Europe
1.. Chart represents wagering on Wild Streak titles distributed by Pragmatic Play in 2021
1.. Chart represents wagering on Wild Streak titles distributed by Pragmatic Play in 2021
EARLY GAME PERFORMANCE IN EUROPE UNDERPINS REVENUE CAPTURE OPPORTUNITY FOR BRAGG
Q121 Q221 Q321
CongoCash Temujin Treasures Amazing MoneyMachine LuckyLightning
Continued
Strong Player Loyalty into
Q3 2021
Wild Streak Performance in Europe1
14
Dragon Power an Established Favorite in New Jersey
WILD STREAK A MARKET-LEADING SLOT SUPPLIER IN NEW JERSEY
1.. Chart represents gross gaming revenue (“GGR”) from Wild Streak’s Dragon Power title distributed by SG Digital in New Jersey
Q220 Q320 Q420 Q121 Q221 Q321
Dragon Power
Sustained Popularity
Launch May
‣ Game ranked consistently among the top
performing online slots in New Jersey
‣ All-time record Gross Gaming Revenue
(GGR) achieved on the game in New
Jersey in Q3 2021
‣ Dragon Power set to launch online in
Michigan and West Virginia in Q4 2021
Wild Streak Performance in New Jersey1
15
Licensing &
New Markets
16
Licensing and New Markets
Bragg is Progressing in its Strategy of Expansion in Regulated Markets in Europe, North America and Globally
• License obtained from the Hellenic Gaming Commission to supply the regulated market in Greece
• Platform, remote games server (RGS) and initial batch of games certified for successful market launch in the Netherlands
• Random number generator (RNG) certified and product fully compliant to support customers in newly regulated German market
New Licenses and Recent Market Entries
• Bragg has applied for a license in the UK and expects to generate revenues in H1 2022. This is a US$5.5 bn1 market
• In the process of certifying games for the Italian market, also expected to generate revenue in H1 2022. Italy is a US$2 bn1 market
• License pending in Belgium, a market worth US$0.25 bn1
Key developments in Europe
• Applied for licenses in the U.S. markets of New Jersey, Pennsylvania and Michigan, an expected TAM of approx. US$3 bn combined2
• In process of applying for license in Ontario, with estimated TAM of around US$2 bn3
• Applied for a license in the Bahamas
Progress in North America
1: Projected market size in 2021 according to H2 Gambling Capital, May 2021. 2: Run rate for 2021 based on state gaming commission reports.
3. Based on extrapolation of New Jersey online casino spend per adult to Ontario adult population.
17
Outlook &
Conclusion
18
Outlook & Conclusion
2021 THIRD QUARTER PERFORMANCE HIGHLIGHTS THE STRENGTH OF OUR BUSINESS AND CREATES FOUNDATION FOR GROWTH
Positioned to leverage proven content-led strategy in the U.S. and Canada
1
Growing global footprint in North America, Europe and Latin America
2
3
4
5
Attractive business model with limited capex needs and high returns
Strong financial flexibility with debt-free balance sheet
Continued momentum in non-German, regulated markets worldwide
19
Financials
20
Q3-21 Financial Results
1. Compared to Q3 2020. 2. Wagering generated via our games and content offered by Oryx and Wild Streak in the period 3. Individuals who made a real money wagers at least once during the period.
Q3 2021 Financial Highlights1 Historical Financial Overview
Revenue (€’m) Adj. EBITDA (€’m) /Margins
Wagering (€’b)
Customers
58 64
74 78
90
101
114 119
128
Q319 Q419 Q120 Q220 Q320 Q420 Q121 Q221 Q321
8.8
12.1 11.7
13.8 14.2
15.5
12.9
-
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
Q120 Q220 Q320 Q420 Q121 Q221 Q321
2.3
3.3
3.0
3.4
3.8
4.2
3.2
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
Q120 Q220 Q320 Q420 Q121 Q221 Q321
0.7
1.8 1.8
1.3
2.3
1.9
1.4
5%
10%
15%
20%
25%
-
0.5
1.0
1.5
2.0
2.5
Q120 Q220 Q320 Q420 Q121 Q221 Q321
‣ Revenue increased by 9.9% to €12.9m
‣ Wagering2 generated by customers up by 4.8% to €3.2B
‣ The number of unique players3 using Bragg games and content
increased 14.4% up to 2.1m
‣ Gross profit increased by 30.1% m to €6.6m
‣ Gross profit margins increased by 8pp to 51.4%
‣ Adjusted EBITDA down by €0.4m to €1.4m (11% margin)
‣ Bragg lists its common shares on the NASDAQ
‣ Wild Streak extends deals with IGT and Sega Sammy
‣ ORYX obtains license to supply in Greece
‣ 9 new customers launched
‣ Extended existing customer partnerships into new regulated
markets (888 in Sweden; Betsson in Greece)
Q3 2021 Business Highlights
21
Revenue and Gross Profit Margins
Q3 2021 Gross Profit Highlights
Q3-21 Gross Profit Expansion - Operational Model
Product Mix
78.0% 74.2% 73.2% 69.2% 68.6%
56.9%
8.8% 10.3% 11.8% 13.9% 12.4%
13.7%
12.2% 14.2% 13.5% 15.3% 15.9%
20.6%
1.0% 1.3% 1.5% 1.6% 3.1% 8.7%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
Q220 Q320 Q420 Q121 Q221 Q321
Exclusive 3rd Party Platform Aggregated 3rd Party Proprietary Content
42.0% 43.6% 44.8%
46.8% 45.4%
51.4%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
Q220 Q320 Q420 Q121 Q221 Q321
Revenue Grossprofit GR Margins
‣ Gross profit margins in growth trajectory since Q2 20 and
scaling up in line with the changes of the product mix
‣ Platform and proprietary content products are free of third-
party cost- scaling up gross profit margins .
‣ Wild Steak Gaming and proprietary content added 3.8% pp to
margins in Q3. (with full 3 months of revenue)
‣ Targeted gross profit margins to increase up to 60% by 2024.
22
Q3-21 EBITDA Reconciliation
1. Adjusted EBITDA excludes income or expenses that relate to exceptional items and non-cash share-based charges and includes
deductions for lease expenses that are recognized as part of depreciation and finance charges under IFRS 16.
Reconciliation Operating Loss (Income) to Adj. EBITDA (1) Share based payment: awards to new directors
and management in Q1and Q3 2021 composed of
DSUs and RSUs.
(2) Transaction and acquisition costs: costs
associated with the acquisition of the Wild Streak
and Spin games and the deployment of the
Corporation’s M&A strategy
(3) Exceptional costs: include legal and professional
fees on the NASDAQ listing, and other non-
recurring regulatory and legal matters
Three Months Ended Sep 30, Nine Months Ended Sep 30,
EUR 000 2021 2020 2021 2020
Operating loss (income) (2,276) (2,282) (4,600) (6,600)
Depreciation and amortization 1,333 749 3,220 2,220
EBITDA (943) (1,533) (1,380) (4,400)
Depreciation of right-of-use assets (40) (5483) (115) (153)
Lease interest expense (5) (6) (15) (18)
(1) Share based payments 1,480 91 3,680 (3)
(2) Transaction and acquisition costs 204 188 1,340 532
(3) Exceptional costs 722 - 2,150 -
Loss on remeasurement of contingent consideration - 3,142 - 8,329
Adjusted EBITDA1
1,418 1,834 5,660 4,287
Margins 11% 16% 13% 13%
23
Solid Working Capital and Balance Sheet
Balance Sheet and Net Working Capital Cash Flow and Financial Resources
Six Months Ended September 30,
EUR 000 2021 2020
Operating activities 2,220 6,704
Investing activities (21,680) (1,772)
Financing activities 12,521 (188)
Effect of foreign exchange 1,142 -
Net cash flow (used in) from continuing operations (5,797) 4,744
As at As at
September 30, December 31,
EUR 000 2021 2020
Cash and cash equivalents 20,305 26,102
Current assets 9,774 10,708
Current liabilities (18,693) (18,521)
Net working capital 11,386 18,289
Deferred and contingent consideration (11,521)
Net current assets from continuing
operations
11,386 6,768
Total assets 86,622 72,094
Total liabilities 20,505 32,197
Investment activity
‣ EUR 11.5m payments of the Oryx cash earn-out in Q1 21.
‣ EUR 8.2m paid upon business combination of Wild Streak
‣ EUR 2.1 m intangible assets related to the capitalisation of software development
costs
Financing activities
‣ EUR 10.8 net proceeds from exercise of warrants relating to the November 2020
Public Offering
‣ EUR 1.3m board of directors and officers private placement in Q1 2021
Balance sheet and cash position
‣ Solid balance sheet with EUR 20.0m cash with no debt facilities
‣ Projected positive free cash flow generation
‣ No main capex or technology debt requirements
24
Updated
Guidance
25
2022 Full Year Revenue & Adjusted EBITDA Guidance
2022 FY Revenue Guidance set at €59m to €61m; 2022 FY Adjusted EBITDA set at €6m to €7m
1 Sum of potential customers in active discussions, RFPs and contract stages
‣ German Regulatory Effect: As FY 2021 includes impact of new German
regulations from July 1st (H2 only), in FY 2022 a full year (H1+H2) impact is
projected
‣ New Markets: Anticipated Bragg’s new revenue from the UK, the
Netherlands, Italy, the US, Canada and others (excl. acquisitions)
‣ New Clients: Ongoing sales pipeline1 brings growth from new clients in
existing markets
‣ Market Growth: Existing customers in various markets forecast to grow on
an annual growth rate of 10%
‣ 2021 pipeline: Existing customers in various markets forecast to grow on
an annual growth rate of 10%
‣ Content: New In-house content and third party exclusive content
‣ Acquisitions: a full year revenues consolidation of (1) Wild Streak and
(2) Spin Games
FY2021 German Regulatory
Effect
New Markets New Clients MarketGrowth 2021 Pipeline Content Acquistion FY 2022
FY 2022 Revenue
€59m - €61m
Mid point of €60m
26
Thank you

More Related Content

What's hot

Netsol Technologies Investor Presentation September 2021
Netsol Technologies Investor Presentation September 2021Netsol Technologies Investor Presentation September 2021
Netsol Technologies Investor Presentation September 2021RedChip Companies, Inc.
 
EV Technology Group Investor Deck Jan 2022
EV Technology Group Investor Deck Jan 2022EV Technology Group Investor Deck Jan 2022
EV Technology Group Investor Deck Jan 2022RedChip Companies, Inc.
 
Bragg Gaming Group Investor Deck May 2021
Bragg Gaming Group Investor Deck May 2021Bragg Gaming Group Investor Deck May 2021
Bragg Gaming Group Investor Deck May 2021RedChip Companies, Inc.
 
Medalist Diversified Reit Investor Deck - April 2021
Medalist Diversified Reit Investor Deck - April 2021Medalist Diversified Reit Investor Deck - April 2021
Medalist Diversified Reit Investor Deck - April 2021RedChip Companies, Inc.
 
Medalist Diversified Reit Investor Deck - January 2022
Medalist Diversified Reit Investor Deck - January 2022 Medalist Diversified Reit Investor Deck - January 2022
Medalist Diversified Reit Investor Deck - January 2022 RedChip Companies, Inc.
 
GUY Investor Presentation March 2014
GUY Investor Presentation March 2014GUY Investor Presentation March 2014
GUY Investor Presentation March 2014jwagenaar734
 

What's hot (20)

NEWT Investor Presentation 2022
NEWT Investor Presentation 2022NEWT Investor Presentation 2022
NEWT Investor Presentation 2022
 
HUT 8 Investor Presentation August 2021
HUT 8 Investor Presentation August 2021HUT 8 Investor Presentation August 2021
HUT 8 Investor Presentation August 2021
 
1847 Holdings Investor Deck Nov. 2019
1847 Holdings Investor Deck Nov. 20191847 Holdings Investor Deck Nov. 2019
1847 Holdings Investor Deck Nov. 2019
 
Medigus Deck December 2021
Medigus Deck December 2021Medigus Deck December 2021
Medigus Deck December 2021
 
Reklaim Deck - September 2021
Reklaim Deck - September 2021Reklaim Deck - September 2021
Reklaim Deck - September 2021
 
DSS Presentation Deck Dec 2021
DSS Presentation Deck  Dec 2021DSS Presentation Deck  Dec 2021
DSS Presentation Deck Dec 2021
 
Draganfly Deck January 2022
Draganfly Deck January 2022Draganfly Deck January 2022
Draganfly Deck January 2022
 
Draganfly Deck March 2022
Draganfly Deck March 2022Draganfly Deck March 2022
Draganfly Deck March 2022
 
Netsol Technologies Investor Presentation September 2021
Netsol Technologies Investor Presentation September 2021Netsol Technologies Investor Presentation September 2021
Netsol Technologies Investor Presentation September 2021
 
EV Technology Group Investor Deck Jan 2022
EV Technology Group Investor Deck Jan 2022EV Technology Group Investor Deck Jan 2022
EV Technology Group Investor Deck Jan 2022
 
Bragg Gaming Group Investor Deck May 2021
Bragg Gaming Group Investor Deck May 2021Bragg Gaming Group Investor Deck May 2021
Bragg Gaming Group Investor Deck May 2021
 
Medalist Diversified Reit Investor Deck - April 2021
Medalist Diversified Reit Investor Deck - April 2021Medalist Diversified Reit Investor Deck - April 2021
Medalist Diversified Reit Investor Deck - April 2021
 
Maris Deck Dec 2021
Maris Deck Dec 2021Maris Deck Dec 2021
Maris Deck Dec 2021
 
Draganfly Deck October 2021
Draganfly Deck October 2021Draganfly Deck October 2021
Draganfly Deck October 2021
 
Marpai Investor Presentation November
Marpai Investor Presentation NovemberMarpai Investor Presentation November
Marpai Investor Presentation November
 
Draganfly Deck July 2021
Draganfly Deck July 2021Draganfly Deck July 2021
Draganfly Deck July 2021
 
Medalist Diversified Reit Investor Deck - January 2022
Medalist Diversified Reit Investor Deck - January 2022 Medalist Diversified Reit Investor Deck - January 2022
Medalist Diversified Reit Investor Deck - January 2022
 
Mantra Venture Group Presentation
Mantra Venture Group PresentationMantra Venture Group Presentation
Mantra Venture Group Presentation
 
HUT 8 Investor Presentation July 2021
HUT 8 Investor Presentation July 2021HUT 8 Investor Presentation July 2021
HUT 8 Investor Presentation July 2021
 
GUY Investor Presentation March 2014
GUY Investor Presentation March 2014GUY Investor Presentation March 2014
GUY Investor Presentation March 2014
 

Similar to Bragg Gaming Group Investor Deck November 2021

Bragg Gaming Group Investor Deck March 2022
Bragg Gaming Group Investor Deck March 2022Bragg Gaming Group Investor Deck March 2022
Bragg Gaming Group Investor Deck March 2022RedChip Companies, Inc.
 
Bragg Gaming Group Investor Deck May 2022
Bragg Gaming Group Investor Deck May 2022Bragg Gaming Group Investor Deck May 2022
Bragg Gaming Group Investor Deck May 2022RedChip Companies, Inc.
 
Bragg Gaming Group Investor Deck August 2022
Bragg Gaming Group Investor Deck August 2022Bragg Gaming Group Investor Deck August 2022
Bragg Gaming Group Investor Deck August 2022RedChip Companies, Inc.
 
IQVIA-Q2-2023-Earnings-Call-Presentation-vFinal.pdf
IQVIA-Q2-2023-Earnings-Call-Presentation-vFinal.pdfIQVIA-Q2-2023-Earnings-Call-Presentation-vFinal.pdf
IQVIA-Q2-2023-Earnings-Call-Presentation-vFinal.pdfisaacdigitalgoodsser
 
MGM-Resorts-Earnings-Presentation.pdf
MGM-Resorts-Earnings-Presentation.pdfMGM-Resorts-Earnings-Presentation.pdf
MGM-Resorts-Earnings-Presentation.pdfssuser230f55
 
KnowBe4 Investor Presentation Q2 2022.pdf
KnowBe4 Investor Presentation Q2 2022.pdfKnowBe4 Investor Presentation Q2 2022.pdf
KnowBe4 Investor Presentation Q2 2022.pdfBobMilton5
 
3 q 2016 investor presentation final_hr
3 q 2016 investor presentation final_hr3 q 2016 investor presentation final_hr
3 q 2016 investor presentation final_hrSemGroupCorporation
 
3Q-2016-Investor-Presentation_Final_HR
3Q-2016-Investor-Presentation_Final_HR3Q-2016-Investor-Presentation_Final_HR
3Q-2016-Investor-Presentation_Final_HRErick Jimenez
 
January 2017 investor presentation final
January 2017 investor presentation finalJanuary 2017 investor presentation final
January 2017 investor presentation finalSemGroupCorporation
 
January-2017-Investor-Presentation-FINAL
January-2017-Investor-Presentation-FINALJanuary-2017-Investor-Presentation-FINAL
January-2017-Investor-Presentation-FINALErick Jimenez
 
Sem group earnings presentation 1q 2018 final
Sem group earnings presentation 1q 2018 finalSem group earnings presentation 1q 2018 final
Sem group earnings presentation 1q 2018 finalSemGroupCorporation
 
4Q19 Earnings Presentation
4Q19 Earnings Presentation4Q19 Earnings Presentation
4Q19 Earnings PresentationJustinHorstman1
 
Sem group earnings presentation 3q 2017 final
Sem group earnings presentation 3q 2017 finalSem group earnings presentation 3q 2017 final
Sem group earnings presentation 3q 2017 finalSemGroupCorporation
 
Sem group earnings presentation 3q 2017 final
Sem group earnings presentation 3q 2017 finalSem group earnings presentation 3q 2017 final
Sem group earnings presentation 3q 2017 finalSemGroupCorporation
 
Q2 2020 Earnings Presentation
Q2 2020 Earnings PresentationQ2 2020 Earnings Presentation
Q2 2020 Earnings PresentationQTSDataCenters
 
Progyny JP Morgan Presentation January 2023.pdf
Progyny JP Morgan Presentation January 2023.pdfProgyny JP Morgan Presentation January 2023.pdf
Progyny JP Morgan Presentation January 2023.pdfssuser5105e0
 
Brink's to acquire dunbar investor presentation final 05302018
Brink's to acquire dunbar investor presentation final 05302018Brink's to acquire dunbar investor presentation final 05302018
Brink's to acquire dunbar investor presentation final 05302018investorsbrinks
 
Silvergate Bank Results Presentation Deck Jan 2023.pdf
Silvergate Bank Results Presentation Deck Jan 2023.pdfSilvergate Bank Results Presentation Deck Jan 2023.pdf
Silvergate Bank Results Presentation Deck Jan 2023.pdfBryann Alexandros
 
Q3 2023 Quarterly Investor Presentation - FINAL.pdf
Q3 2023 Quarterly Investor Presentation - FINAL.pdfQ3 2023 Quarterly Investor Presentation - FINAL.pdf
Q3 2023 Quarterly Investor Presentation - FINAL.pdfryantoth12
 
Q317 bmch earnings presentation final
Q317 bmch earnings presentation finalQ317 bmch earnings presentation final
Q317 bmch earnings presentation finalbmcstockholdings
 

Similar to Bragg Gaming Group Investor Deck November 2021 (20)

Bragg Gaming Group Investor Deck March 2022
Bragg Gaming Group Investor Deck March 2022Bragg Gaming Group Investor Deck March 2022
Bragg Gaming Group Investor Deck March 2022
 
Bragg Gaming Group Investor Deck May 2022
Bragg Gaming Group Investor Deck May 2022Bragg Gaming Group Investor Deck May 2022
Bragg Gaming Group Investor Deck May 2022
 
Bragg Gaming Group Investor Deck August 2022
Bragg Gaming Group Investor Deck August 2022Bragg Gaming Group Investor Deck August 2022
Bragg Gaming Group Investor Deck August 2022
 
IQVIA-Q2-2023-Earnings-Call-Presentation-vFinal.pdf
IQVIA-Q2-2023-Earnings-Call-Presentation-vFinal.pdfIQVIA-Q2-2023-Earnings-Call-Presentation-vFinal.pdf
IQVIA-Q2-2023-Earnings-Call-Presentation-vFinal.pdf
 
MGM-Resorts-Earnings-Presentation.pdf
MGM-Resorts-Earnings-Presentation.pdfMGM-Resorts-Earnings-Presentation.pdf
MGM-Resorts-Earnings-Presentation.pdf
 
KnowBe4 Investor Presentation Q2 2022.pdf
KnowBe4 Investor Presentation Q2 2022.pdfKnowBe4 Investor Presentation Q2 2022.pdf
KnowBe4 Investor Presentation Q2 2022.pdf
 
3 q 2016 investor presentation final_hr
3 q 2016 investor presentation final_hr3 q 2016 investor presentation final_hr
3 q 2016 investor presentation final_hr
 
3Q-2016-Investor-Presentation_Final_HR
3Q-2016-Investor-Presentation_Final_HR3Q-2016-Investor-Presentation_Final_HR
3Q-2016-Investor-Presentation_Final_HR
 
January 2017 investor presentation final
January 2017 investor presentation finalJanuary 2017 investor presentation final
January 2017 investor presentation final
 
January-2017-Investor-Presentation-FINAL
January-2017-Investor-Presentation-FINALJanuary-2017-Investor-Presentation-FINAL
January-2017-Investor-Presentation-FINAL
 
Sem group earnings presentation 1q 2018 final
Sem group earnings presentation 1q 2018 finalSem group earnings presentation 1q 2018 final
Sem group earnings presentation 1q 2018 final
 
4Q19 Earnings Presentation
4Q19 Earnings Presentation4Q19 Earnings Presentation
4Q19 Earnings Presentation
 
Sem group earnings presentation 3q 2017 final
Sem group earnings presentation 3q 2017 finalSem group earnings presentation 3q 2017 final
Sem group earnings presentation 3q 2017 final
 
Sem group earnings presentation 3q 2017 final
Sem group earnings presentation 3q 2017 finalSem group earnings presentation 3q 2017 final
Sem group earnings presentation 3q 2017 final
 
Q2 2020 Earnings Presentation
Q2 2020 Earnings PresentationQ2 2020 Earnings Presentation
Q2 2020 Earnings Presentation
 
Progyny JP Morgan Presentation January 2023.pdf
Progyny JP Morgan Presentation January 2023.pdfProgyny JP Morgan Presentation January 2023.pdf
Progyny JP Morgan Presentation January 2023.pdf
 
Brink's to acquire dunbar investor presentation final 05302018
Brink's to acquire dunbar investor presentation final 05302018Brink's to acquire dunbar investor presentation final 05302018
Brink's to acquire dunbar investor presentation final 05302018
 
Silvergate Bank Results Presentation Deck Jan 2023.pdf
Silvergate Bank Results Presentation Deck Jan 2023.pdfSilvergate Bank Results Presentation Deck Jan 2023.pdf
Silvergate Bank Results Presentation Deck Jan 2023.pdf
 
Q3 2023 Quarterly Investor Presentation - FINAL.pdf
Q3 2023 Quarterly Investor Presentation - FINAL.pdfQ3 2023 Quarterly Investor Presentation - FINAL.pdf
Q3 2023 Quarterly Investor Presentation - FINAL.pdf
 
Q317 bmch earnings presentation final
Q317 bmch earnings presentation finalQ317 bmch earnings presentation final
Q317 bmch earnings presentation final
 

More from RedChip Companies, Inc.

DGLY Corporate Investor Relations Deck Oct 2023
DGLY Corporate Investor Relations Deck Oct 2023DGLY Corporate Investor Relations Deck Oct 2023
DGLY Corporate Investor Relations Deck Oct 2023RedChip Companies, Inc.
 
Lantern Pharma Investor Presentation Oct 2023
Lantern Pharma Investor Presentation Oct 2023Lantern Pharma Investor Presentation Oct 2023
Lantern Pharma Investor Presentation Oct 2023RedChip Companies, Inc.
 
Aditxt, Inc. (NASDAQ: ADTX) Presentation
Aditxt, Inc. (NASDAQ: ADTX) PresentationAditxt, Inc. (NASDAQ: ADTX) Presentation
Aditxt, Inc. (NASDAQ: ADTX) PresentationRedChip Companies, Inc.
 
1847 Holdings Corporate Presentation 1847 Holdings March 2023
1847 Holdings Corporate Presentation 1847 Holdings March 20231847 Holdings Corporate Presentation 1847 Holdings March 2023
1847 Holdings Corporate Presentation 1847 Holdings March 2023RedChip Companies, Inc.
 
Sharps Investor Presentation October 2023
Sharps  Investor Presentation October 2023Sharps  Investor Presentation October 2023
Sharps Investor Presentation October 2023RedChip Companies, Inc.
 
GENE Investor Presentation Genetic Technologies August 2023
GENE Investor Presentation Genetic Technologies August 2023GENE Investor Presentation Genetic Technologies August 2023
GENE Investor Presentation Genetic Technologies August 2023RedChip Companies, Inc.
 
Splash Beverage Investor Presentation June 2023
Splash Beverage Investor Presentation June 2023Splash Beverage Investor Presentation June 2023
Splash Beverage Investor Presentation June 2023RedChip Companies, Inc.
 

More from RedChip Companies, Inc. (20)

ZOM Investor Presentations Oct 2023
ZOM Investor Presentations Oct 2023ZOM Investor Presentations Oct 2023
ZOM Investor Presentations Oct 2023
 
Docola Presentation
Docola PresentationDocola Presentation
Docola Presentation
 
INNO Holdings Presentation
INNO Holdings PresentationINNO Holdings Presentation
INNO Holdings Presentation
 
EBI IR Presentation Sep 2023
EBI IR Presentation Sep 2023EBI IR Presentation Sep 2023
EBI IR Presentation Sep 2023
 
ASPI Investor Deck Oct 2023
ASPI Investor Deck Oct 2023ASPI Investor Deck Oct 2023
ASPI Investor Deck Oct 2023
 
MDNA Investor Presentation May 2023
MDNA Investor Presentation May 2023MDNA Investor Presentation May 2023
MDNA Investor Presentation May 2023
 
DGLY Corporate Investor Relations Deck Oct 2023
DGLY Corporate Investor Relations Deck Oct 2023DGLY Corporate Investor Relations Deck Oct 2023
DGLY Corporate Investor Relations Deck Oct 2023
 
Lantern Pharma Investor Presentation Oct 2023
Lantern Pharma Investor Presentation Oct 2023Lantern Pharma Investor Presentation Oct 2023
Lantern Pharma Investor Presentation Oct 2023
 
Sharps Investor Deck Oct 2023
Sharps Investor Deck Oct 2023 Sharps Investor Deck Oct 2023
Sharps Investor Deck Oct 2023
 
Aditxt, Inc. (NASDAQ: ADTX) Presentation
Aditxt, Inc. (NASDAQ: ADTX) PresentationAditxt, Inc. (NASDAQ: ADTX) Presentation
Aditxt, Inc. (NASDAQ: ADTX) Presentation
 
1847 Holdings Corporate Presentation 1847 Holdings March 2023
1847 Holdings Corporate Presentation 1847 Holdings March 20231847 Holdings Corporate Presentation 1847 Holdings March 2023
1847 Holdings Corporate Presentation 1847 Holdings March 2023
 
Sharps Investor Presentation October 2023
Sharps  Investor Presentation October 2023Sharps  Investor Presentation October 2023
Sharps Investor Presentation October 2023
 
SPI Investor Deck October 2023
SPI Investor Deck October 2023SPI Investor Deck October 2023
SPI Investor Deck October 2023
 
BFRG Investor Deck September_v2
BFRG Investor Deck September_v2BFRG Investor Deck September_v2
BFRG Investor Deck September_v2
 
BFRG Investor Deck September
BFRG Investor Deck SeptemberBFRG Investor Deck September
BFRG Investor Deck September
 
BioVie Presentation September 2023
BioVie Presentation September 2023BioVie Presentation September 2023
BioVie Presentation September 2023
 
Lantern Pharma September 8, 2023
Lantern Pharma September 8, 2023Lantern Pharma September 8, 2023
Lantern Pharma September 8, 2023
 
GENE Investor Presentation Genetic Technologies August 2023
GENE Investor Presentation Genetic Technologies August 2023GENE Investor Presentation Genetic Technologies August 2023
GENE Investor Presentation Genetic Technologies August 2023
 
Splash Beverage Investor Presentation June 2023
Splash Beverage Investor Presentation June 2023Splash Beverage Investor Presentation June 2023
Splash Beverage Investor Presentation June 2023
 
SEBV Presentation
SEBV PresentationSEBV Presentation
SEBV Presentation
 

Recently uploaded

OKC Thunder Reveal Game 2 Playoff T Shirts
OKC Thunder Reveal Game 2 Playoff T ShirtsOKC Thunder Reveal Game 2 Playoff T Shirts
OKC Thunder Reveal Game 2 Playoff T Shirtsrahman018755
 
Russian Call Girls Kolkata Indira 🤌 8250192130 🚀 Vip Call Girls Kolkata
Russian Call Girls Kolkata Indira 🤌  8250192130 🚀 Vip Call Girls KolkataRussian Call Girls Kolkata Indira 🤌  8250192130 🚀 Vip Call Girls Kolkata
Russian Call Girls Kolkata Indira 🤌 8250192130 🚀 Vip Call Girls Kolkataanamikaraghav4
 
Methanex Investor Presentation (April 2024)
Methanex Investor Presentation (April 2024)Methanex Investor Presentation (April 2024)
Methanex Investor Presentation (April 2024)Methanex Corporation
 
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书Fir La
 
定制(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
定制(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一定制(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
定制(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一Fir La
 
Malad Escorts, (Pooja 09892124323), Malad Call Girls Service
Malad Escorts, (Pooja 09892124323), Malad Call Girls ServiceMalad Escorts, (Pooja 09892124323), Malad Call Girls Service
Malad Escorts, (Pooja 09892124323), Malad Call Girls ServicePooja Nehwal
 
High Profile Call Girls Kolkata Gayatri 🤌 8250192130 🚀 Vip Call Girls Kolkata
High Profile Call Girls Kolkata Gayatri 🤌  8250192130 🚀 Vip Call Girls KolkataHigh Profile Call Girls Kolkata Gayatri 🤌  8250192130 🚀 Vip Call Girls Kolkata
High Profile Call Girls Kolkata Gayatri 🤌 8250192130 🚀 Vip Call Girls Kolkataanamikaraghav4
 
VIP Kolkata Call Girl Entally 👉 8250192130 Available With Room
VIP Kolkata Call Girl Entally 👉 8250192130  Available With RoomVIP Kolkata Call Girl Entally 👉 8250192130  Available With Room
VIP Kolkata Call Girl Entally 👉 8250192130 Available With Roomdivyansh0kumar0
 
Call Girl Kolkata Sia 🤌 8250192130 🚀 Vip Call Girls Kolkata
Call Girl Kolkata Sia 🤌  8250192130 🚀 Vip Call Girls KolkataCall Girl Kolkata Sia 🤌  8250192130 🚀 Vip Call Girls Kolkata
Call Girl Kolkata Sia 🤌 8250192130 🚀 Vip Call Girls Kolkataanamikaraghav4
 
The Concept of Humanity in Islam and its effects at future of humanity
The Concept of Humanity in Islam and its effects at future of humanityThe Concept of Humanity in Islam and its effects at future of humanity
The Concept of Humanity in Islam and its effects at future of humanityJohanAspro
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Miyapur high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Miyapur high-profile Call GirlVIP 7001035870 Find & Meet Hyderabad Call Girls Miyapur high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Miyapur high-profile Call Girladitipandeya
 
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...wyqazy
 
Sustainability Leadership, April 26 2024
Sustainability Leadership, April 26 2024Sustainability Leadership, April 26 2024
Sustainability Leadership, April 26 2024TeckResourcesLtd
 
Russian Call Girls Kolkata Amaira 🤌 8250192130 🚀 Vip Call Girls Kolkata
Russian Call Girls Kolkata Amaira 🤌  8250192130 🚀 Vip Call Girls KolkataRussian Call Girls Kolkata Amaira 🤌  8250192130 🚀 Vip Call Girls Kolkata
Russian Call Girls Kolkata Amaira 🤌 8250192130 🚀 Vip Call Girls Kolkataanamikaraghav4
 
如何办理(UTS毕业证书)悉尼科技大学毕业证学位证书
如何办理(UTS毕业证书)悉尼科技大学毕业证学位证书如何办理(UTS毕业证书)悉尼科技大学毕业证学位证书
如何办理(UTS毕业证书)悉尼科技大学毕业证学位证书Fis s
 

Recently uploaded (20)

OKC Thunder Reveal Game 2 Playoff T Shirts
OKC Thunder Reveal Game 2 Playoff T ShirtsOKC Thunder Reveal Game 2 Playoff T Shirts
OKC Thunder Reveal Game 2 Playoff T Shirts
 
Russian Call Girls Kolkata Indira 🤌 8250192130 🚀 Vip Call Girls Kolkata
Russian Call Girls Kolkata Indira 🤌  8250192130 🚀 Vip Call Girls KolkataRussian Call Girls Kolkata Indira 🤌  8250192130 🚀 Vip Call Girls Kolkata
Russian Call Girls Kolkata Indira 🤌 8250192130 🚀 Vip Call Girls Kolkata
 
Methanex Investor Presentation (April 2024)
Methanex Investor Presentation (April 2024)Methanex Investor Presentation (April 2024)
Methanex Investor Presentation (April 2024)
 
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
 
定制(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
定制(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一定制(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
定制(UWIC毕业证书)英国卡迪夫城市大学毕业证成绩单原版一比一
 
Malad Escorts, (Pooja 09892124323), Malad Call Girls Service
Malad Escorts, (Pooja 09892124323), Malad Call Girls ServiceMalad Escorts, (Pooja 09892124323), Malad Call Girls Service
Malad Escorts, (Pooja 09892124323), Malad Call Girls Service
 
High Profile Call Girls Kolkata Gayatri 🤌 8250192130 🚀 Vip Call Girls Kolkata
High Profile Call Girls Kolkata Gayatri 🤌  8250192130 🚀 Vip Call Girls KolkataHigh Profile Call Girls Kolkata Gayatri 🤌  8250192130 🚀 Vip Call Girls Kolkata
High Profile Call Girls Kolkata Gayatri 🤌 8250192130 🚀 Vip Call Girls Kolkata
 
VIP Kolkata Call Girl Entally 👉 8250192130 Available With Room
VIP Kolkata Call Girl Entally 👉 8250192130  Available With RoomVIP Kolkata Call Girl Entally 👉 8250192130  Available With Room
VIP Kolkata Call Girl Entally 👉 8250192130 Available With Room
 
Call Girl Kolkata Sia 🤌 8250192130 🚀 Vip Call Girls Kolkata
Call Girl Kolkata Sia 🤌  8250192130 🚀 Vip Call Girls KolkataCall Girl Kolkata Sia 🤌  8250192130 🚀 Vip Call Girls Kolkata
Call Girl Kolkata Sia 🤌 8250192130 🚀 Vip Call Girls Kolkata
 
The Concept of Humanity in Islam and its effects at future of humanity
The Concept of Humanity in Islam and its effects at future of humanityThe Concept of Humanity in Islam and its effects at future of humanity
The Concept of Humanity in Islam and its effects at future of humanity
 
Call Girls 🫤 Mukherjee Nagar ➡️ 9999965857 ➡️ Delhi 🫦 Russian Escorts FULL ...
Call Girls 🫤 Mukherjee Nagar ➡️ 9999965857  ➡️ Delhi 🫦  Russian Escorts FULL ...Call Girls 🫤 Mukherjee Nagar ➡️ 9999965857  ➡️ Delhi 🫦  Russian Escorts FULL ...
Call Girls 🫤 Mukherjee Nagar ➡️ 9999965857 ➡️ Delhi 🫦 Russian Escorts FULL ...
 
Model Call Girl in Udyog Vihar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Udyog Vihar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Udyog Vihar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Udyog Vihar Delhi reach out to us at 🔝9953056974🔝
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Miyapur high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Miyapur high-profile Call GirlVIP 7001035870 Find & Meet Hyderabad Call Girls Miyapur high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Miyapur high-profile Call Girl
 
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
 
Preet Vihar (Delhi) 9953330565 Escorts, Call Girls Services
Preet Vihar (Delhi) 9953330565 Escorts, Call Girls ServicesPreet Vihar (Delhi) 9953330565 Escorts, Call Girls Services
Preet Vihar (Delhi) 9953330565 Escorts, Call Girls Services
 
Sustainability Leadership, April 26 2024
Sustainability Leadership, April 26 2024Sustainability Leadership, April 26 2024
Sustainability Leadership, April 26 2024
 
@9999965857 🫦 Sexy Desi Call Girls Karol Bagh 💓 High Profile Escorts Delhi 🫶
@9999965857 🫦 Sexy Desi Call Girls Karol Bagh 💓 High Profile Escorts Delhi 🫶@9999965857 🫦 Sexy Desi Call Girls Karol Bagh 💓 High Profile Escorts Delhi 🫶
@9999965857 🫦 Sexy Desi Call Girls Karol Bagh 💓 High Profile Escorts Delhi 🫶
 
Russian Call Girls Kolkata Amaira 🤌 8250192130 🚀 Vip Call Girls Kolkata
Russian Call Girls Kolkata Amaira 🤌  8250192130 🚀 Vip Call Girls KolkataRussian Call Girls Kolkata Amaira 🤌  8250192130 🚀 Vip Call Girls Kolkata
Russian Call Girls Kolkata Amaira 🤌 8250192130 🚀 Vip Call Girls Kolkata
 
如何办理(UTS毕业证书)悉尼科技大学毕业证学位证书
如何办理(UTS毕业证书)悉尼科技大学毕业证学位证书如何办理(UTS毕业证书)悉尼科技大学毕业证学位证书
如何办理(UTS毕业证书)悉尼科技大学毕业证学位证书
 
young call girls in Govindpuri 🔝 9953056974 🔝 Delhi escort Service
young call girls in Govindpuri 🔝 9953056974 🔝 Delhi escort Serviceyoung call girls in Govindpuri 🔝 9953056974 🔝 Delhi escort Service
young call girls in Govindpuri 🔝 9953056974 🔝 Delhi escort Service
 

Bragg Gaming Group Investor Deck November 2021

  • 1. 1 Third Quarter 2021 Results Presentation November 2021
  • 2. 2 Forward Looking Statements This presentation contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") which are based upon Bragg Gaming Group Inc.'s (the "Bragg") current internal expectations, estimates, projections, assumptions and beliefs which are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond Bragg's control and many of which are subject to change. Such forward-looking information may include information regarding Bragg's financial position, business strategy, growth strategies, the status of currently planned acquisitions, addressable markets, budgets, operations, financial results, financial targets and expansion plans. In some cases, such statements can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "will", "should", "would", "intend", or "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Forward-looking statements include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of historical fact. Although Bragg believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Bragg is unable to guarantee future results, levels of activity, performance or achievements and investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. Moreover, neither Bragg nor any other person assumes responsibility for the outcome of the forward-looking statements. Many of the risks and other factors which could cause results to differ materially from those expressed in the forward-looking statements contained in this presentation are beyond the control of Bragg. The risks and other factors include, but are not limited to: regulatory landscape and potential regulatory changes in significant jurisdictions in which Bragg operates or plans to operate; concentrated customer base accounts for significant portion of revenues of Bragg; the impact of regulatory changes in Germany on July 1, 2021; competition and changes in the competitive landscape; reliance on top customers and key personnel and employees; the completion of strategic acquisitions by Bragg and management of growth; reliance on strategic alliances and relationships with third party network infrastructure developers, key suppliers, and service platform vendors; new business areas and geographic markets; legal status of real-money gaming and changes to and interpretations of laws and regulations; intrusion or other security breaches, cyberattacks, or cybercrime; the costs and potential impact of obtaining all necessary regulatory approvals, and complying with existing and proposed laws in a heavily regulated industry; the plans, costs, and timing for future research and development of Bragg's current and future technologies, including additional platforms; deriving revenue from players located in jurisdictions in which Bragg does not hold a license, and the impact of customers' operations in unregulated or prohibited jurisdictions; projections of market prices and costs; expected revenues and the ability to attain profitability; expectations regarding the ability to raise capital on acceptable terms; access to payment processors and currency, exchange and interest rates; Bragg's management and protection of intellectual property and other proprietary rights; changes in, or in the interpretation of, legislation with respect to Bragg's tax liabilities and changes in taxation regimes; prices and price volatility of Bragg's products; money laundering and fraudulent activity; disruptions to markets, economic activity, financing, and supply chains, and a deterioration of general economic conditions including a possible national or global recession and risks related to COVID-19. Readers are cautioned that the foregoing list of such risks and factors is not exhaustive and that additional information on these and other factors that could affect the Company's operations or financial results are contained in Bragg's documents filed under its profile at www.sedar.com, including Bragg's Annual Information Form for the year ended December 30, 2020 and Management's Discussion and Analysis for each of the year ended December 30, 2020 and the three-month period ended September 30, 2021 (the "Annual MD&A" and "Interim MD&A", respectively). The forward-looking statements set forth herein reflect Bragg's expectations as at the date of this presentation and is subject to change after such date. Bragg disclaims any intention or obligation to update or revise any forward- looking statements, whether as a result of new information, future events or otherwise, other than as required by law. Forward-looking information and other information contained herein concerning management's general expectations concerning the gaming industry are based on estimates prepared by management using data from publicly available industry sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which management believes to be reasonable. However, this data is inherently imprecise, although generally indicative of relative market positions, market shares and performance characteristics. While management is not aware of any misstatements regarding any industry data presented herein, industry data is subject to change based on various factors. Non-IFRS Measures This presentation makes reference to certain non-IFRS measures, including Adjusted EBITDA and EBITDA. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore not necessarily comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. These non-IFRS measures and metrics are used to provide investors with supplemental measures of Bragg's operating performance and liquidity and thus highlight trends in our business that may not otherwise be apparent when relying solely on IFRS measures. Bragg also believes that securities analysts, investors and other interested parties frequently use non-IFRS measures, including industry metrics, in the evaluation of companies in our industry. Management also uses non-IFRS measures and industry metrics in order to facilitate operating performance comparisons from period to period, the preparation of annual operating budgets and forecasts and to determine components of executive compensation. See related disclosure in Bragg's Annual MD&A (including under the heading "Limitations of Key Metrics and Other Data") and Interim MD&A (including under the headings "Management Discussion & Analysis", "Selected Interim Information" and "Limitations Of Key Metrics And Other Data").
  • 3. 3 Q3 2021 • Operational and Strategic Highlights • Business Performance • Content Strategy • Licensing and New Markets • Updated Guidance • Financials • Outlook and Conclusion Table of Contents
  • 5. 5 Key Takeaways A Strong Third Quarter, New Markets Entered, New Customers Launched, Further Growth Ahead • Q3 2021 revenue rises 9.9% to €12.9 million compared to Q3 2020 • Full year 2021 revenue guidance updated to €55-56 million; FY 2021 Adjusted EBITDA guidance updated to €6.6-6.8 million • Full year 2022 revenue guidance updated to €59-61 million; FY 2022 Adjusted EBITDA guidance given at €6 -7 million Third Quarter Revenue Strong Performance • Bragg launches in new markets, with a license obtained in Greece, plus entry to the new regulated market in the Netherlands • Key new deal with Playtech; launches with Holland Casino and BetCity.nl in the Netherlands and Novibet in Greece • Bragg lists its common shares on the Nasdaq Global Select Market under the stock symbol BRAG Key Business Updates for the Second Half of 2021 • Product showcased on the road at iGB Live! In Amsterdam and at the Global Gaming Expo (G2E) in Las Vegas • License applications in key markets in Europe and North America including the UK, New Jersey, Pennsylvania, Michigan and Ontario. • Content partnership deal announced with land-based slots studio Bluberi, with global online distribution rights Product Strategy Roll-out, New Markets, New Content Partnership 1: H2 Gambling Capital, May 2021.
  • 7. 7 1.9 0.7 7.0 9.6 4.4 0.9 7.5 12.9 - 5.0 10.0 15.0 DEnon-reucrring Wild Streak Continuing Total Actual Q3/21 ExpectedQ3/21 Underlying Q3 2021 Business Performance Ahead of Expectations Q3 SAW THE LAYING OF FOUNDATIONS TO DRIVE A SIGNIFCANT ACCELERATION IN GROWTH 34% or €3.2m ahead of group expectations 22% or €0.2m ahead of group expectations €2.5m ahead of group expectations 7% of €0.5m ahead of group expectations Total Q3 2021 revenue performance and underlying revenue (excluding non-recurring German revenue) was ahead of company expectations ‣ Q3 2021 revenue was ahead of our expectations by €3.2m ‣ € 2.5m from non-recurring Germany as companies transitioned out of the market ‣ € 0.5m from a stronger than expected start from new launches and several core existing clients ‣ €0.2m from a better-than-expected underlying online content royalty performance ‣ Q3 2021 recurring regulated German was in-line with our expectations at €1.6m of revenue ‣ Q3 2021 revenue on underlying basis excluding non-recurring Germany was €8.4m; 9% ahead of our expectations ‣ Strong underlying performance creates strong momentum into Q4 2021 Bragg Q3 2021 reported revenue was 34% above management expectations
  • 8. 8 6.0 12.9 1.9 12.9 - 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 Total excluding Germany Germany Reported revenue Q1-21 Q2-21 Q3-21 Q4-21 implied by guidance Q4 run rate revenue materially ahead of previous company expectations ‣ New 2021 business has accelerated into Q4 driven by new market launches, client wins and ramping up operations launched earlier in the year ‣ Existing client revenue has also seen a marked step up in growth in October by more than 30% on the previous month ‣ Underlying revenue excluding Germany based on new group guidance for FY2021 implies over 60% Q4/21 on Q3/21 revenue growth ‣ New business pipeline, new market entry and more focused sales helps offset German regulatory changes Bragg Revenue Split including Germany Q1 - Q4 2021 (€ millions) 6.9 11.0 New Business New Business Q3’21: €1.8 million Q4’21: €4.6 million 61% growth Q4/Q3 Underlying Business Performance to Accelerate into Q4 & Beyond
  • 10. 10 Content Strategy New group content strategy showcased at iGB Live! In Amsterdam (Sep 28-30) and the Global Gaming Expo (G2E) in Las Vegas (Oct 5-7) ‣ Meetings with multiple operators to present new content strategy, covering product strategy, analytics, game segmentation, technology tools and content partners ‣ G2E feedback from U.S. operators very positive with interest in content and technology, eg Wild Streak land- based titles coming online backed by FUZE™ player engagement ‣ Content pipeline will diversify as we grow in new markets for Bragg in Europe and North America. Mix of internal studios as well as new content partners on the horizon New Content Strategy Outlined Meeting Customers at Industry Events
  • 11. 11 Bluberi: Exclusive New Content Partner Global online distribution rights secured for Bluberi’s catalog of popular slot games Bluberi is an established land-based casino gaming content provider established in Canada over 25 years ago and based in Las Vegas. ‣ Popular Bluberi titles to be adapted for the online market by studio teams led by Bragg’s Group Director of Content, Doug Fallon ‣ Exclusive global online distribution rights secured by Bragg in the five-year licensing deal ‣ Covers over 100 popular game titles, including Colossal Dragons and Waves of Fortune ‣ Deal allows for increasingly in-demand OnmiChannel distribution Bluberi Overview Over 100 Slots Titles BLUBERI TO ENHANCE BRAGG‘S EXLCUSIVE AND LOCALIZED CONTENT PORTFOLIO
  • 12. 12 Continued Online Growth for Wild Streak ONLINE REVENUE GROWTH OUTPACES LAND BASED REVENUE GROWTH - 100 200 300 400 500 600 700 800 900 1,000 Q320 Q420 Q121 Q221 Q321 € 000's Land-Based Revenue Online Revenue AdjustedEBITDA 28% Online Revenue Growth 2021 Q2-Q3 Wild Streak Revenue: Land-based v Online, Q3 2020 – Q3 2021 Significant growth in online revenue between Q3 2020 and Q3 2021, with further expansion opportunities: ‣ With nine games live online as at end Q3 2021 ‣ Strong pipeline of new games ‣ Live in two states in the U.S., New Jersey & Michigan ‣ Opportunity for further growth in additional regulated U.S. states and other markets ‣ Large additional distribution network available via ORYX RGS ‣ Opportunity to improve performance using FUZE™ Player Engagement tools
  • 13. 13 ‣ Four online slots titles launched in 2021 with Pragmatic Play ‣ Proof of Wild Streak slots’ stickiness ‣ Big Juan released November 4 ‣ Five further Wild Streak titles expected to be distributed by Pragmatic Play in 2022 Wild Streak All-Time High for Q3 in Europe 1.. Chart represents wagering on Wild Streak titles distributed by Pragmatic Play in 2021 1.. Chart represents wagering on Wild Streak titles distributed by Pragmatic Play in 2021 EARLY GAME PERFORMANCE IN EUROPE UNDERPINS REVENUE CAPTURE OPPORTUNITY FOR BRAGG Q121 Q221 Q321 CongoCash Temujin Treasures Amazing MoneyMachine LuckyLightning Continued Strong Player Loyalty into Q3 2021 Wild Streak Performance in Europe1
  • 14. 14 Dragon Power an Established Favorite in New Jersey WILD STREAK A MARKET-LEADING SLOT SUPPLIER IN NEW JERSEY 1.. Chart represents gross gaming revenue (“GGR”) from Wild Streak’s Dragon Power title distributed by SG Digital in New Jersey Q220 Q320 Q420 Q121 Q221 Q321 Dragon Power Sustained Popularity Launch May ‣ Game ranked consistently among the top performing online slots in New Jersey ‣ All-time record Gross Gaming Revenue (GGR) achieved on the game in New Jersey in Q3 2021 ‣ Dragon Power set to launch online in Michigan and West Virginia in Q4 2021 Wild Streak Performance in New Jersey1
  • 16. 16 Licensing and New Markets Bragg is Progressing in its Strategy of Expansion in Regulated Markets in Europe, North America and Globally • License obtained from the Hellenic Gaming Commission to supply the regulated market in Greece • Platform, remote games server (RGS) and initial batch of games certified for successful market launch in the Netherlands • Random number generator (RNG) certified and product fully compliant to support customers in newly regulated German market New Licenses and Recent Market Entries • Bragg has applied for a license in the UK and expects to generate revenues in H1 2022. This is a US$5.5 bn1 market • In the process of certifying games for the Italian market, also expected to generate revenue in H1 2022. Italy is a US$2 bn1 market • License pending in Belgium, a market worth US$0.25 bn1 Key developments in Europe • Applied for licenses in the U.S. markets of New Jersey, Pennsylvania and Michigan, an expected TAM of approx. US$3 bn combined2 • In process of applying for license in Ontario, with estimated TAM of around US$2 bn3 • Applied for a license in the Bahamas Progress in North America 1: Projected market size in 2021 according to H2 Gambling Capital, May 2021. 2: Run rate for 2021 based on state gaming commission reports. 3. Based on extrapolation of New Jersey online casino spend per adult to Ontario adult population.
  • 18. 18 Outlook & Conclusion 2021 THIRD QUARTER PERFORMANCE HIGHLIGHTS THE STRENGTH OF OUR BUSINESS AND CREATES FOUNDATION FOR GROWTH Positioned to leverage proven content-led strategy in the U.S. and Canada 1 Growing global footprint in North America, Europe and Latin America 2 3 4 5 Attractive business model with limited capex needs and high returns Strong financial flexibility with debt-free balance sheet Continued momentum in non-German, regulated markets worldwide
  • 20. 20 Q3-21 Financial Results 1. Compared to Q3 2020. 2. Wagering generated via our games and content offered by Oryx and Wild Streak in the period 3. Individuals who made a real money wagers at least once during the period. Q3 2021 Financial Highlights1 Historical Financial Overview Revenue (€’m) Adj. EBITDA (€’m) /Margins Wagering (€’b) Customers 58 64 74 78 90 101 114 119 128 Q319 Q419 Q120 Q220 Q320 Q420 Q121 Q221 Q321 8.8 12.1 11.7 13.8 14.2 15.5 12.9 - 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 Q120 Q220 Q320 Q420 Q121 Q221 Q321 2.3 3.3 3.0 3.4 3.8 4.2 3.2 - 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 Q120 Q220 Q320 Q420 Q121 Q221 Q321 0.7 1.8 1.8 1.3 2.3 1.9 1.4 5% 10% 15% 20% 25% - 0.5 1.0 1.5 2.0 2.5 Q120 Q220 Q320 Q420 Q121 Q221 Q321 ‣ Revenue increased by 9.9% to €12.9m ‣ Wagering2 generated by customers up by 4.8% to €3.2B ‣ The number of unique players3 using Bragg games and content increased 14.4% up to 2.1m ‣ Gross profit increased by 30.1% m to €6.6m ‣ Gross profit margins increased by 8pp to 51.4% ‣ Adjusted EBITDA down by €0.4m to €1.4m (11% margin) ‣ Bragg lists its common shares on the NASDAQ ‣ Wild Streak extends deals with IGT and Sega Sammy ‣ ORYX obtains license to supply in Greece ‣ 9 new customers launched ‣ Extended existing customer partnerships into new regulated markets (888 in Sweden; Betsson in Greece) Q3 2021 Business Highlights
  • 21. 21 Revenue and Gross Profit Margins Q3 2021 Gross Profit Highlights Q3-21 Gross Profit Expansion - Operational Model Product Mix 78.0% 74.2% 73.2% 69.2% 68.6% 56.9% 8.8% 10.3% 11.8% 13.9% 12.4% 13.7% 12.2% 14.2% 13.5% 15.3% 15.9% 20.6% 1.0% 1.3% 1.5% 1.6% 3.1% 8.7% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0% Q220 Q320 Q420 Q121 Q221 Q321 Exclusive 3rd Party Platform Aggregated 3rd Party Proprietary Content 42.0% 43.6% 44.8% 46.8% 45.4% 51.4% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 Q220 Q320 Q420 Q121 Q221 Q321 Revenue Grossprofit GR Margins ‣ Gross profit margins in growth trajectory since Q2 20 and scaling up in line with the changes of the product mix ‣ Platform and proprietary content products are free of third- party cost- scaling up gross profit margins . ‣ Wild Steak Gaming and proprietary content added 3.8% pp to margins in Q3. (with full 3 months of revenue) ‣ Targeted gross profit margins to increase up to 60% by 2024.
  • 22. 22 Q3-21 EBITDA Reconciliation 1. Adjusted EBITDA excludes income or expenses that relate to exceptional items and non-cash share-based charges and includes deductions for lease expenses that are recognized as part of depreciation and finance charges under IFRS 16. Reconciliation Operating Loss (Income) to Adj. EBITDA (1) Share based payment: awards to new directors and management in Q1and Q3 2021 composed of DSUs and RSUs. (2) Transaction and acquisition costs: costs associated with the acquisition of the Wild Streak and Spin games and the deployment of the Corporation’s M&A strategy (3) Exceptional costs: include legal and professional fees on the NASDAQ listing, and other non- recurring regulatory and legal matters Three Months Ended Sep 30, Nine Months Ended Sep 30, EUR 000 2021 2020 2021 2020 Operating loss (income) (2,276) (2,282) (4,600) (6,600) Depreciation and amortization 1,333 749 3,220 2,220 EBITDA (943) (1,533) (1,380) (4,400) Depreciation of right-of-use assets (40) (5483) (115) (153) Lease interest expense (5) (6) (15) (18) (1) Share based payments 1,480 91 3,680 (3) (2) Transaction and acquisition costs 204 188 1,340 532 (3) Exceptional costs 722 - 2,150 - Loss on remeasurement of contingent consideration - 3,142 - 8,329 Adjusted EBITDA1 1,418 1,834 5,660 4,287 Margins 11% 16% 13% 13%
  • 23. 23 Solid Working Capital and Balance Sheet Balance Sheet and Net Working Capital Cash Flow and Financial Resources Six Months Ended September 30, EUR 000 2021 2020 Operating activities 2,220 6,704 Investing activities (21,680) (1,772) Financing activities 12,521 (188) Effect of foreign exchange 1,142 - Net cash flow (used in) from continuing operations (5,797) 4,744 As at As at September 30, December 31, EUR 000 2021 2020 Cash and cash equivalents 20,305 26,102 Current assets 9,774 10,708 Current liabilities (18,693) (18,521) Net working capital 11,386 18,289 Deferred and contingent consideration (11,521) Net current assets from continuing operations 11,386 6,768 Total assets 86,622 72,094 Total liabilities 20,505 32,197 Investment activity ‣ EUR 11.5m payments of the Oryx cash earn-out in Q1 21. ‣ EUR 8.2m paid upon business combination of Wild Streak ‣ EUR 2.1 m intangible assets related to the capitalisation of software development costs Financing activities ‣ EUR 10.8 net proceeds from exercise of warrants relating to the November 2020 Public Offering ‣ EUR 1.3m board of directors and officers private placement in Q1 2021 Balance sheet and cash position ‣ Solid balance sheet with EUR 20.0m cash with no debt facilities ‣ Projected positive free cash flow generation ‣ No main capex or technology debt requirements
  • 25. 25 2022 Full Year Revenue & Adjusted EBITDA Guidance 2022 FY Revenue Guidance set at €59m to €61m; 2022 FY Adjusted EBITDA set at €6m to €7m 1 Sum of potential customers in active discussions, RFPs and contract stages ‣ German Regulatory Effect: As FY 2021 includes impact of new German regulations from July 1st (H2 only), in FY 2022 a full year (H1+H2) impact is projected ‣ New Markets: Anticipated Bragg’s new revenue from the UK, the Netherlands, Italy, the US, Canada and others (excl. acquisitions) ‣ New Clients: Ongoing sales pipeline1 brings growth from new clients in existing markets ‣ Market Growth: Existing customers in various markets forecast to grow on an annual growth rate of 10% ‣ 2021 pipeline: Existing customers in various markets forecast to grow on an annual growth rate of 10% ‣ Content: New In-house content and third party exclusive content ‣ Acquisitions: a full year revenues consolidation of (1) Wild Streak and (2) Spin Games FY2021 German Regulatory Effect New Markets New Clients MarketGrowth 2021 Pipeline Content Acquistion FY 2022 FY 2022 Revenue €59m - €61m Mid point of €60m