Brag Gaming Group, Inc. (NASDAQ:BRAG) Q1 2022 Earnings Conference Call May 11, 2022 8:00 AM ET
Company Participants
Yaniv Spielberg – Chief Strategy Officer
Ronen Kannor – Chief Financial Officer
Conference Call Participants
Neal Gilmer – Haywood Securities
Matthew Lee – Canaccord Genuity
Adhir Kadve – Eight Capital
Sid Dilawari – Cormark Securities
Lisa Thompson – Zacks Investment
Operator
Good morning. My name is Rob and I will be your conference Operator today. At this time, I would like to welcome everyone to the Brag Gaming Group First-Quarter 2022 results conference call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. If you'd like to ask a question during this time, simply [Operator Instructions]. If you'd like to withdraw your question, again [Operator Instructions]. Thank you. Yaniv Spielberg, Chief Strategy Officer, you may begin your conference.
Yaniv Spielberg
Good morning, everyone. And thank you for joining Bragg's first quarter of 2022 results presentation. You'll hear today that our first quarter was our best quarter to-date. We couldn't have done it without the hard work of every single member of our team, Slovenia, Malta, Las Vegas, Reno, and other places. So before we start I want to take a moment and thank everyone for their hard work and continued hard work. With that said, I'm going to ask everyone to turn to the second page and look at the Safe Harbor statement. Please familiarize yourself with the Safe Harbor statement on the second page as some of the comments that Ronen and I will make today will include forward-looking statements as defined in the Safe Harbor statement.
With that, I'll begin the presentation and then I'll pass it to Ronen Kannor who will host with me this morning to discuss the financials. Today we'll discuss our quarterly highlights, we'll also discuss the strategic focus and focus on the content production that we ramped up. We'll talk about M&A licensing and new markets. Ronen will walk you guys through the financials and guidance and then we'll conclude with an outlook and conclusion, at which time we'll open the line for questions. Thank you very much, everyone for joining. I want to start with the quarterly highlights. The first quarter of 2022 was a strong quarter with a strong growth driven by ongoing content and platform expansion and new market strategy. You will see that the first quarter strong financial performance is the strongest, we've had to-date. First-quarter 2022 revenue came at €19.4 million, that's 36.4% growth on our first quarter of '21.