{"id":260,"date":"2024-06-27T12:16:38","date_gmt":"2024-06-27T09:16:38","guid":{"rendered":"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/"},"modified":"2024-06-27T12:16:38","modified_gmt":"2024-06-27T09:16:38","slug":"braggs-second-quarter-income-reaches-a-record-high","status":"publish","type":"post","link":"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/","title":{"rendered":"Bragg&#8217;s second-quarter income reaches a record high"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/4es1HAc9vB0\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Czech capital, Prague, achieved unprecedented income in the second three-month period &#8211; Finance &#8211; iGB<\/p>\n<p>Gaming software provider Bragg declared a 34.2% surge in income for the second three-month period, reaching \u20ac20.8 million (\u00a317.5 million\/$20.2 million), establishing a new quarterly peak.<\/p>\n<p>Home > Finance > Bragg&#8217;s second-quarter income reaches a record high<\/p>\n<p>Bragg&#8217;s second-quarter income reaches a record high<br \/>\nIn addition to income, the company also reported new quarterly records for gross profit, gross margin, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA).<\/p>\n<p>Bragg CEO Yaniv Sherman stated that the growth was attributed to the company&#8217;s expansion in this three-month period.<\/p>\n<p>Sherman stated: &#8220;The momentum in our operations highlights our ongoing success in serving a growing customer base across an expanding global regulated online gaming market.&#8221;<\/p>\n<p>He also stated that Bragg gained significant coverage in this three-month period thanks to its $30 million acquisition of Spin Games in June.<\/p>\n<p>He continued: &#8220;Following the completion of the acquisition of Spin Games in June, Bragg has product development capabilities, industry expertise, and a licensed footprint across Europe and North America to further enable the continued progress of our content and market expansion growth plans.&#8221;<\/p>\n<p>The cost of sales was \u20ac9.1 million, up 8.2% from the second three-month period of 2021. This resulted in a record gross profit of \u20ac11.6 million for the three-month period, up 65.5% year-on-year.<\/p>\n<p>Selling, general and administrative expenses were \u20ac11.3 million. <\/p>\n<p>Taking into account the delayed payment income associated with the Spin agreement, overall operational income amounted to \u20ac752,000, in contrast to a deficit of \u20ac1.7 million during the equivalent period in the previous year.<\/p>\n<p>Following the subtraction of interest costs and income tax, the business recorded a loss of \u20ac630,000.<\/p>\n<p>Modified earnings before interest, taxes, depreciation, and amortization (EBITDA) for the three-month period was \u20ac3.1 million, representing a 62.9% year-over-year rise. Cash flow generated from operational activities for the quarter reached \u20ac3.7 million.<\/p>\n<p>Net profit following interest and taxes was \u20ac90,000, a substantial improvement from a loss of \u20ac2.3 million in the preceding quarter.<\/p>\n<p>Income for the initial six months of the year attained \u20ac40.2 million, a 35.2% increase in comparison to the first half of 2021. Gross profit amounted to \u20ac21.6 million, reflecting a 51.3% rise.<\/p>\n<p>Operational income for the initial six months totaled \u20ac524,000.<\/p>\n<p>Modified EBITDA for the initial half of the year was \u20ac6.1 million.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Czech capital, Prague, achieved unprecedented income in the second three-month period &#8211; Finance &#8211; iGB Gaming software provider Bragg declared a 34.2% surge in income for the second three-month period, reaching \u20ac20.8 million (\u00a317.5 million\/$20.2 million), establishing a new quarterly peak. Home > Finance > Bragg&#8217;s second-quarter income reaches a record high Bragg&#8217;s second-quarter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bragg<\/title>\n<meta name=\"description\" content=\"Gaming software provider Bragg sees a 34.2% surge in Q2 income, reaching a new quarterly peak of \u20ac20.8 million.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Bragg&#039;s second-quarter income reaches a record high\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Gaming software provider Bragg sees a 34.2% surge in Q2 income, reaching a new quarterly peak of \u20ac20.8 million.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in a Secure &amp; Thrilling Licensed Online Casino Experience\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T09:16:38+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/\",\"url\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/\",\"name\":\"Bragg\",\"isPartOf\":{\"@id\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T09:16:38+00:00\",\"dateModified\":\"2024-06-27T09:16:38+00:00\",\"author\":{\"@id\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Gaming software provider Bragg sees a 34.2% surge in Q2 income, reaching a new quarterly peak of \u20ac20.8 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bragg&#8217;s second-quarter income reaches a record high\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/\",\"name\":\"Indulge in a Secure &amp; Thrilling Licensed Online Casino Experience\",\"description\":\"Unleash your gambling potential with the help of our comprehensive casino news, detailed game reviews, and expert articles. Experience the best of licensed gaming at our platform.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"contentUrl\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"caption\":\"admin\"},\"description\":\"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.\",\"sameAs\":[\"http:\/\/theworldcasino.vip\"],\"url\":\"https:\/\/miamiclubcasinonodepositbonus.icu\/author\/ezvhu8xt\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bragg","description":"Gaming software provider Bragg sees a 34.2% surge in Q2 income, reaching a new quarterly peak of \u20ac20.8 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/","og_locale":"en_GB","og_type":"article","og_title":"Bragg's second-quarter income reaches a record high","og_description":"Gaming software provider Bragg sees a 34.2% surge in Q2 income, reaching a new quarterly peak of \u20ac20.8 million.","og_url":"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/","og_site_name":"Indulge in a Secure &amp; Thrilling Licensed Online Casino Experience","article_published_time":"2024-06-27T09:16:38+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/","url":"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/","name":"Bragg","isPartOf":{"@id":"https:\/\/miamiclubcasinonodepositbonus.icu\/#website"},"datePublished":"2024-06-27T09:16:38+00:00","dateModified":"2024-06-27T09:16:38+00:00","author":{"@id":"https:\/\/miamiclubcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0"},"description":"Gaming software provider Bragg sees a 34.2% surge in Q2 income, reaching a new quarterly peak of \u20ac20.8 million.","breadcrumb":{"@id":"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/miamiclubcasinonodepositbonus.icu\/2024\/06\/27\/braggs-second-quarter-income-reaches-a-record-high\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/miamiclubcasinonodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Bragg&#8217;s second-quarter income reaches a record high"}]},{"@type":"WebSite","@id":"https:\/\/miamiclubcasinonodepositbonus.icu\/#website","url":"https:\/\/miamiclubcasinonodepositbonus.icu\/","name":"Indulge in a Secure &amp; Thrilling Licensed Online Casino Experience","description":"Unleash your gambling potential with the help of our comprehensive casino news, detailed game reviews, and expert articles. Experience the best of licensed gaming at our platform.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/miamiclubcasinonodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/miamiclubcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/miamiclubcasinonodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","contentUrl":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","caption":"admin"},"description":"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.","sameAs":["http:\/\/theworldcasino.vip"],"url":"https:\/\/miamiclubcasinonodepositbonus.icu\/author\/ezvhu8xt\/"}]}},"_links":{"self":[{"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/260"}],"collection":[{"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=260"}],"version-history":[{"count":0,"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/260\/revisions"}],"wp:attachment":[{"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/miamiclubcasinonodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}