Cormark Cuts FY2025 EPS Outlook for Bragg Gaming Group Inc. (BRAG)

Bragg Gaming Group Inc. (NASDAQ:BRAG) is among the best fundamentally strong penny stocks to buy right now. Mcfadgen, an analyst at Cormark, has reduced the FY2025 EPS guidance for Bragg Gaming Group Inc. (NASDAQ:BRAG) from a loss of $0.08 to $0.23. The company’s consensus estimate for full-year earnings stands at ($0.14) per share.

Although the market sentiment is currently bearish, Bragg Gaming Group Inc. (NASDAQ:BRAG) has some positives that are often overlooked. A major takeaway is the company’s business model, which alone has the potential to facilitate expansion in the US and other markets at a low incremental cost.

To say the least, Bragg Gaming Group Inc. (NASDAQ:BRAG) is poised to deliver double-digit revenue growth, together with solid margins, in the years ahead. This potential acceleration is fueled by progress in proprietary content. As expressed by the CEO, Matevz Mazij,

“I am pleased with the way we’re making significant strides in the proprietary space. Our strategy to diversify and expand in growth markets in a margin-accretive way is working, and we are confident in our ability to keep building momentum.”

Bragg Gaming Group Inc. (NASDAQ:BRAG) is a Canadian iGaming content and technology solutions provider offering services to online and land-based gaming operators. The company’s core products include games, studios, proprietary content, and sportsbook technology.

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